De Anza College class brought to you by Pat Kapowich “Buying & Selling Distressed Properties” Saturday, 2/27 @ 9AM-12PM ~ Featuring Real Estate Attorney Julia Wei!

Managing Risk, Expectations & Results with Lender Controlled Properties 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.

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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

Instructors: Real Estate Attorney Julia Wei is a specialist in lending, escrow, title and bank controlled properties. Pat Kapowich is the Broker/Owner of Kapowich Real Estate in Cupertino. Pat is also a contributor to the Saturday Q & A column Market Wise in the San Jose Mercury News. RSVP

Where: De Anza College When: Saturday, February 27th, 2010 Time: 9AM to 12PM Room: G-3 Fee: $39.00