REO Series PART IV Working with Offers Through Closing - 3 Hours CE Zoom

REO Series PART IV Working with Offers Through Closing - 3 Hours CE Zoom

REO property buyers must remain flexible and allow enough time for the asset manager to get closing documents to the attorney.

By Cathy McDaniel

Date and time

Wednesday, July 2 · 7 - 10am PDT

Location

Online

About this event

  • Event lasts 3 hours

LIVE VIDEO STREAMING - Meeting ID # 820 4207 0380, Password 8965

REO Asset Management Series - Part IV

Working with Offers Through Closing

3 Hours CE Credit

Closing an REO purchase transaction is unique and can be challenging. It can take weeks to close and buyers often walk away in frustration, despite their excitement in purchasing the “deal of the day”.

Real estate practitioners should be aware of some issues that they might be faced with. One of the most popular issues is the failure of the property’s foreclosure process and file was not handled properly delaying or even canceling the closing. REO sellers do not have an emotional stake in their sales, so they are unlikely to be willing to enter into complicated negotiations, or to be swayed by a buyer’s hardship if sales are not closed timely.

You have very little control over the closing time, the attorney and location. Remember, the closing attorney represents the REO seller; not the buyer. They have many task to complete to close the transaction and the REO file.

Allow enough time between contract execution and the closing date for the seller to get documents to the closing agent, and warn the buyer to be flexible in the event the closing date needs to be postponed a day or two, because the seller’s documents may be buried under a mountain of others.

Let’s discuss the many ways the transaction can be delayed.

You must take all 2 pre-requisite training which are free CE classes provided by Virtual Properties Realty - Duluth, GA along with 4 of the REO Asset Management series (Cost $15 per class) to obtain your certificate, logo and bank roster.


To register for the other classes: www.classeswithcathy.eventbrite.com - You can take these classes in any order.


Education Partners

Ohlson & Medlock Law Firm

3 Hour Live Video Zoom Class | Continuing Education

My CE Class, LLC - School #5914

Cathy McDaniel | classeswithcathy@gmail.com

Text: 404-550-0775 |www.classeswithcathymcdaniel.com

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Cathy McDaniel

Cathy has had a far-reaching career that includes over 29 years in the real estate industry, more than 18 years of teaching experience and is known as a subject matter expert and consumer advocate in homeownership. She has authored more than 300 training manuals, met and trained more than 200,000 real estate professionals and has conducted more than 3,500 live classes since 2007. During 2024, more than 75,000 registered for a class through Eventbrite. 2025 is surly to be a busy and exciting time for education to keep up-to-date with real estate trends, challenges and solutions.

Cathy McDaniel is the author of “A Road Map To Saving Your Home" which is available at the National Association of REALTORS bookshelf.

Cathy is recognized as an industry expert and a has earned a Google 5-Star rating from her students. She also received from Georgia Real Estate Educators Association the 2016 “Outstanding New Program Course” and the 2008 “Educator of the Year". She has a partnership with The CE Shop for self-study online courses. Onsite class sponsorship is provided by D.R. Horton Communities, Silverton Mortgage, New American Funding, United Community Bank and Ohlson & Medlock, LLC. These relationships allows her to offer a variety of class topics and community events throughout the year for free.

2025 Learning Experience Platform

NEW! All classes will include a digital download to learning material, audio lecture recording link, assessment form and useful online tool folder. Her monthly training platform includes Zoom/Onsite CE classes, certificate, designation courses, 25 hour post license course for new agents on Tuesday evening and Saturday morning. As a Realtor you will be required after July 2025 to take a 2 hour Fair Housing and Code of Ethics curriculum to renew your license.

Visit:  www.classeswithcathymcdaniel.com for more information. Click here to view her calendar and register for a class.  

Need help? Send Email: classeswithcathy@gmail.com

To predict the future you must create it ...Cathy McDaniel 

 Cathy's Motto:  "Autograph Your Work With Excellence!"