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Short Sales. Loan Modifications & Foreclosures

The Mortgage Foreclosure Process:  

What Every Real Estate Professional Should Know 

While you may have tried to avoid them, foreclosures keeping coming with no end in sight.  As a real estate professional you are greatly impacted by the foreclosure wave whether you are dealing with a seller who is trying to sell to avoid foreclosure, selling during a foreclosure, or the lender who now owns the property and is selling it.  To properly represent buyers or sellers in this market, you must have a basic understanding of the foreclosure process to help spot and/or to avoid issues and to help find solutions.

Many real estate professionals have a basic understanding of the foreclosure process but do not realize that there are different types of foreclosures that are available to lenders and each raise different issues to sellers and buyers.  A mistake as to how long the redemption period runs can result in disaster if your marketing plan was based on a six month period of redemption but, in fact, it was only five weeks.

Another potential problem is that many commonly held "facts" about foreclosures are incorrect.  They may be based on the laws of a different state, they may come from an Internet source that was wrong, or it may have come from someone who thinks they understand the process but really don't.  The speakers at this seminar are real estate attorneys from Nash Law Firm who have a minimum of 20 years of real estate legal experience and knowledge.  While knowledge of the law is important, the ability to explain the law in a way that is easy to understand is even more important.  Our speakers are able to do that by using every day examples and by allowing the seminar attendees to ask questions during the seminar.  While we have an agenda, we want to make sure that we cover in more detail the information that is most important to you.

3 Minnesota Real Estate Continuing Education Credits have been approved

Upcoming Foreclosure Seminars