No seminars are scheduled at this time. Pioneer Title Co 8151 W Rifleman St Boise Idaho
Course Number E0769
Volume II Includes (New HAFA Program) E0769
The new short sale process from beginning to end
What loans are subject to the new program
How the servicers will evaluate the loans for short sale eligibility
What investor guidelines will still apply to your transactions
How the servicers use the NPV calculation to review your short sale vs. a REO
When the servicer will order the BPO/Appraisal
How the servicers will determine the list price or minimum net they require
The mandatory new clauses that must be included in all listing and purchase agreements
The expanded "Arms Length Transaction" rules and how they affect listings
The new mandatory holding period after a short sale closes before a property can be resold (anti-flipping rule)
When the Seller may have to make monthly payments during the listing
When and under what circumstances a servicer can terminate a short sale agreement
What minimum documents and information you must submit to the servicer in your short sale package
The time limits for approving short sale listings and offers
How much time you will have to list the property
When a foreclosure sale will be suspended and for how long
When a servicer must accept a short sale offer
How much time you will have to close your transaction
When a deed-in-lieu of foreclosure should be considered
The incentive compensation for 1sts, 2nds, servicers and borrowers
How the short sale will affect the seller's credit
When you will be entitled to earn a full 6% commission
The correspondence the sellers will receive
The required Hardship Affidavit and Financial worksheet
The conditions and terms in the new short sale forms in detail
The SSA form
The RASS form
The Alternative RASS form
The instructor for these courses is Lance Churchill JD, BS, a nationally known Short Sale Expert.
Mr. Churchill has been an attorney for over 29 years. His law firm practiced primarily in the areas of real estate law, creditor and debtor bankruptcy law, business law and asset protection. During his legal career, his law firm served as a foreclosure trustee representing dozens of lenders and servicers. He has also represented hundreds of property investors and has been personally involved in hundreds of real estate and business transactions. Mr. Churchill has personally reviewed over 6,000 pending foreclosures for investment and profit opportunities. He knows foreclosures and distressed real estate from all sides!
In 2000, Mr. Churchill created Frontline Seminars, LLC with the goal to educate real estate professionals and investors in all aspects of real estate. He has authored publications about real estate law, distressed real estate, creative real estate techniques, landlord-tenant practices, property management, and asset protection and tax strategies for real estate professionals
Since its founding, Frontline Seminars has presented courses to over 10,000 real estate agents and investors. Mr. Churchill has written articles, been interviewed by, and been cited as an expert on Foreclosures, Short Sales, REO properties and other aspects of distressed real estate. by N.A.R. (National Association of Realtors®), C.A.R. (California Association of Realtors®), Realtor Magazine, Realtor Online, The New York Times, Fox News, The Chicago Tribune, and the Idaho Statesman among others
Register early as seating is limited to only fifty attendees.
To register please make sure to check the box to the left of the event listing and fill out your billing information... No Seminars are scheduled at this time. Please call 208-860-6786 for the date and time of our next class.
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