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Event Details
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Don't delay getting up-to-date with HUD Homes, Facilitating the Short Sale A-Z and working with banks lenders and local buyers in the REO arena.
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 Reported by the Center of Responsible Lending a new foreclosure starts every 13 seconds, equaling nearly 6,500 a day...CRL estimates that by 2012 at least 9 million new foreclosures will cost $1.9 trillion in lost home equity to 92 million families. What I do know, by mid 2010 loans in foreclosure will reach 3.2% and delinquencies will rise to 8.0% and $134 billion of loans which will recast in 2011. Delinquencies and foreclosures are on the rise. As a real estate professional, you will need greater understanding of today's homeownership landscape, new tools and resources to provide superior services in your community. |
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"REO - Real Estate Opportunities"
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"REO - Real Estate Opportunities"
We have over 5 million properties on the market today. From January 2009 through September more than 2,7 million families lost their home to foreclosure and nearly a million homeowners are facing foreclosure in the third quarter. Over 75% of the sales transaction in September were Short Sales and REO, reported by NAR. The REO arena will need additional REO specialist to help with this new inventory. Don't delay learning about this new real estate business niche that will keep you in business this year and into 2010.
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Working In the REO Arena
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Working In the REO Arena
Enhance your real estate business by learning how to connect with banks, lenders and REO 3rd party outsource companies. Attend the REO series provided by American Real Estate University taught by Cathy McDaniel a 16 year REO and mortgage lending expert to learn BPOs, managing, marketing and financing REO properties plus working with the buyer. Keep in mind that each REO seller manages their assets in different styles, interpretations and dictates special handling. The course will cover job descriptions, theory and fundamentals required to participate in the REO industry today. Helpful tools, resume outline, a directory of 200+ BPO companies, 65 REO Asset management companies, more than 14 REO organizations and associations will be provided at the end of the class. Hurry seating is limited.
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November 17th - 20th REO Specialist Series EVENING Classes $99 12hr VP Duluth, GA
November 23rd
Short Sale Basics
$40 3hr
EXIT Norcross, GA
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Instructor:
Cathy McDaniel
For over 16 years, instructor Cathy McDaniel has worked with buyers and sellers from coast to coast in real estate and mortgage transactions. She brings a wealth of knowledge and experience about Short Sale and REO transactions that will help transition your career and position yourself to be successful in today's changing real estate market.
Cathy was recently recognized as the 2008 Educator of the Year by the Georgia Real Estate Educators Association!
When & Where
DULUTH, Virtual Properties Building
6650 Sugarloaf Parkway
Suite 700
Duluth,
GA 30097
Tuesday, November 17, 2009 at 6:00 PM - Friday, November 20, 2009 at 9:15 PM (ET)
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Hosted By
American Real Estate University