Course/Product Description Title: Certified Foreclosure Specialist Description: It's no secret that the real estate market is having some challenges. Homes are being foreclosed at a record pace, leaving more and more properies available at discount prices. Foreclosed homes usually require a degree of patience in listing them and selling them, and this designation is uniquely equipped to give you the top notch training you need in this niche. Overview Of CFS Designation Here's just some of what you will learn with this course: Understanding Foreclosure The importance of understanding foreclosure, foreclosure defined, how lenders accelerate foreclosure timelines, six basic steps to foreclosure Mortgage or Deed of Trust Why Realtors need to understand the import and difference relative to foreclosure, each loan instrument defined in detail and how applicable to foreclosure One on One with the Pre-foreclosure Prospect Pre-foreclosure prospects state of mind, putting them at ease, setting the table, providing “real” post sale relocation options Homeowners Alternatives to Short Sales Why an overview MUST be a prerequisite before any hands on representation, representing client interest is a legal responsibility, the five alternatives to foreclosure, what is FHA Secure, the natural segue into the first 2 profit centers; Home Redemption Business and Listing Short Sales The Home Redemption Business Model for Realtors THIS IS AN UNTAPPED MARKET AND A NATURAL EXTENSION OF YOUR EXISTING BUSINESS! Is loan modification a feasible option, lenders criteria for modification, complete Home Redemption Business model, average fee to charge, information to collect from borrower, maximizing approval rates, working with the lender on behalf of the borrower Foreclosure and short sale consequences The consequences of foreclosure and short sale, requirements of a Realtor to disclose prior to listing, addressing deficiencies and tax liabilities, what is HR 3648 Listing Pre-foreclosures properties Comprehensive definition, detailed components of a short sale package, nuances of listing the property, importance of the lenders BPO and the BPO the agent performs, the HUD-1 settlement, dealing with multiple lien holders, dealing with all the lender responses, changing MLS status, representing short sale buyers, complete marketing strategy to gain pre-foreclosure leads, detailed prospecting script Broker Price Opinions BPO defined, who orders them and for what, typical variables on all BPOs, what BPOs pay, ways BPOs serve agents, information to gather prior to applying, how to convert BPO orders into listings, getting paid more than the initial offer amount Listing and Selling Bank Foreclosures Overview of industry, who hires Realtors, commissions, when assets are assigned, REO agent detailed service model, what departments to prospect to and whom within the company does the hiring, prospecting script, importance of broker price opinions, reimbursement of expenses, the import of your contractor team, marketing plan to gain new business This training does not simply provide you an education! It details the marketing aspects of each respective “profit center” and includes the actual contact information of the most qualified leads that exist! Benefits Of Being A CFS Upon completion of the program, you will be educated and proficient in the following aspects of foreclosure: State foreclosure law Property foreclosure alternatives Legal, tax and accounting ramifications Loan modification & Home Redemption Listing and Selling Short Sales Performing Broker Price Opinions Listing & Selling Bank Owned Properties Expertly versed on how to WIN business in each profit center Becoming a Certified Foreclosure Specialist means you are: Armed with the most comprehensive education available on foreclosure Fully understand the 4 Realtor Profit models in foreclosure Supplied with REO and BPO Leads Expertly versed on marketing strategies that procure pre-foreclosure leads Placed in the Foreclosure U database of CFS to be viewed by lenders, REO management companies, and consumers Market yourself as a CFS and Foreclosure U graduate when applying, competing, and marketing for REO, BPO, and Pre-foreclosure business How To Earn Your Certification Your program includes instructions for taking your certification. Simply complete the study materials and complete the exam with a score or 75% or higher, and you'll receive you Certificate in the mail a few days later. Of course, feel free to use your "Certified Foreclosure Specialist" designation on your business card, website, and marketing materials! Bonuses This training is packed full of information and education, but we still are adding the following bonuses: National Default Database Includes 103 Loss Mitigation Departments, 119 Lender REO Departments, 81 BPO Vendors, 59 REO Management Companies, 14 REO Organizations, 323 Lenders that report to have their own internal REO Department, all recently updated! 90 minute Audio/Video PowerPoint Presentation Presented in Microsoft PowerPoint. 90 + minutes in length. Provides insight and detail of a live class. The Short Sale portion is an expanded version of the inaugural "Loss Mitigation Certification" course taught for the Massachusetts Board of Realtors on January 22, 2008. Case studies from each chapter will be covered in detail. All Necessary Contracts, documents, and forms CD - PLUS A Non-profit database of pre-foreclosure assistance Three FREE copies of "Foreclosure Solutions" Jump start your pre-foreclosure marketing with these powerful marketing pieces. To be used in conjunction with our marketing strategies on pre-foreclosure business. Solves the biggest challenge, generating leads! Offering pre-foreclosure prospects this important material is a phenomenal lead generator. Exclusive rights to all CFS to re-purchase additional copies at a huge discount. The Home Foreclosure Bible - CD The "Foreclosure Bible" is the definitive resource that will provide you the solutions you need to be able to help your clients if they are faced with foreclosure. Six months free listing in our exclusive Database Lenders, BPO vendors, and pre-foreclosure prospects, nationwide, will be directed to this database to find qualified professional assistance Don't wait! Order today to earn your certification and start writing REO business. Not valid for Washington state. About The Provider: Foreclosure University was created by a group of Realtors, Broker's, Mortgage Bankers and Real Estate investors. Rather than investing in additional brick and mortar agencies, hiring and training agents in our systems, we determined we could serve more agents more effectively by sharing our expertise on a national scale. The world wide web is simply the most effective tool to achieve our objectives. The proprietors of Foreclosure U have over 50 years in real estate and real estate investment, Foreclosures - pre-foreclosure's and REO property, marketing / e-marketing, mortgage and finance, systems implementation, web site development, and sales and salesmanship. Price: $279.00 More Info: Contact Us For More Information To order this product by check/invoice or credit card, enter desired quantity here >>> Qty:

Keywords For This Course:
certified foreclosure specialist, foreclosure marketing