Short Sales
Tuesday, March 26, 2013
10:00 - 11:00 am CST
Speaker: Eric North, Moore Brewer Wolfe
Jones Tyler & North
About the Program
One of the keys to fixing real property-secured loans in this
economy-is having the correct tools. Ten years ago handling "short sale"
requests was easy, the answer was "No." But in this economy the answer
takes more thought. And while some specific rules may vary from state to
state, there are a number of factors all creditors should consider
before coming to a decision about whether to accept or reject a short
sale.
During this program, participants will learn: What a "short sale" is
and how it works; What effect a short sale has on the credit union's
right to collect any unpaid balance; Advantages and disadvantages of
accepting a short sale; What factors you should consider before
accepting or rejecting a short sale offer; When you should be the one to
suggest a short sale; Ways to improve the amount you receive through a
short sale.
Related Files
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