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Short Sales are from MARS
In this 3.75 hour class, students will learn and gain a understanding of the complexities
of the short sale process. Short sales will still be a component of the real estate
industry and students who get involved in these difficult transactions should be prepared
to disclose pitfalls and opportunities to their client.
By reviewing the short sale transaction from start to finish, students will see the hazards
to avoid, the issues to share with their clients and the positives/negatives that short sale
can have with their client. Minnesota is unique in foreclosure laws and students will be
exposed to the nuances of Chapters 580 to 584 regarding foreclosure laws and what
the consumers rights and remedies might be.
Topics include:
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The foreclosure process
Negotiating short sale outcomes
Consequences and benefits
MN Realty School is approved by the MN Department of Commerce to offer prelicense and continuing
education for real estate. All information contained herein is subject to change.