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CE Elective: Mortgage Assumptions & The Real Estate Transaction [VIRTUAL] |
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VIRTUAL COURSEElective CE: 2 hours (each course listed below will give one hour per course of elective continuing education credit)VIRTUAL REGISTRATION LINK AND COURSE MATERIALS WILL BE EMAILED CLOSER TO COURSE DATE.This course gives an overview of what a buyer and seller can expect when entering an assumable loan transaction. It will define the term, give an overview of the types of mortgages that are assumable, who would qualify, lending criteria, release of liability under the terms of the loan, assumption deed, note, and deed of trust. This class will also review timelines and fees, and break down the settlement process, documentation needed to complete the transaction, what to look out for, and contract tips. Cancellation policy applies upon registering for this course. Cancellation fee is $10.00. No exceptions. |
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