Buying & Selling Distressed Properties ~ 3 hr class 9/24/11 ~ 9am to 12pm ~ De Anza College

Pat’s De Anza College Course Series

Course Title: Buying & Selling Distressed Properties

Managing Risk, Expectations & Results with Lender Controlled Properties

9-24-11 @ 9am-12pm

Guest Speaker: Real Estate Attorney Julia Wei

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Buyer and Seller Beware: Only prepared buyers and sellers should enter into transactions involving distressed properties. Short sales, pre-foreclosures and foreclosures are fraught with potential missteps and ramifications that are normally not found in an already stressful situation ~ the buying or selling of a home. Banks have become more aggressive toward buyers, sellers and their representative. Learning all sides of a transaction is paramount when negotiating, especially when the banks have loss mitigation departments that are overwhelmed and/or ill prepared.

Be a Savvy Consumer and Learn the Particulars:

• Loan Modifications vs Short Sales

• Short-Sales vs Foreclosures

• Pre-Foreclosure & Foreclosures

• Debt Relief Tax Consequences

• Banks Demanding Loss Repayment

• Agent Contracts vs Bank Contracts

• Dealing with Multiple Lenders

Click here to sign up on the De Anza College website:

Saturday 9:00am-12:00pm 1 Session September 24th, 2011 Building G Room: 4 Course Fee: $39.-

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