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3 Free CEU's - Shortsales by Attorney Bob Boudreau

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KW Education Center in the Clarion Hotel

1230 Congress Street

Portland, ME 04102

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You are cordially invited to attend a program approved by the Maine Real Estate Commission for 3 clock hours towards fulfillment of your Continuing Education requirements. The course is entitled FUNDAMENTALS OF SHORT SALES IN 2018 and will be held on TUESDAY, SEPTEMBER 17, 2019 at 9:00 A.M. at Keller Williams Realty, Sewall Street, Portland.

COURSE DESCRIPTION: The class agenda includes an in-depth examination of the MARS (Mortgage Assistance Relief Services) Rules; an understanding of the risks and exposures of serving as an intermediary between a lender and a borrower annunciated in 32 M.R.S.A. 6171; and case standards for actual short sale transactions clearly demonstrating how lenders address approval issues.

LEVEL OF INSTRUCTION: Intended for all levels of real estate experience.

INSTRUCTION FORMAT: Live lecture with questions and comments encouraged.

PROGRAM OBJECTIVES: To provide real estate agents seeking to promote short sale services with an understanding of:

The risks involved with violating 32 M.R.S.A 6171.

The risks involved with having an unhappy Seller who failed to short sale property due to realtor ineptitude.

Interaction of Foreclosures, Bankruptcies and successful Short Sales

The complex interaction of multiple lien holders, seeking maximum allocation of seller proceeds.

The nuances of lender considerations based upon the initial loan documentation (FHA, VA, USDA, conventional, Maine State Housing Authority).

Real estate agent understanding of new tax laws affecting real estate agent’s clients.

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Date and Time

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KW Education Center in the Clarion Hotel

1230 Congress Street

Portland, ME 04102

View Map

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