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All Day Course
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Foreclosure in Oregon & Washington
Audience: This course should appeal to all professionals who will be advising individuals or business clients in financial distress, including CPAs, CFPs, enrolled agents, and attorneys. Level: Basic Description: Because of the current recession one in nine home mortgages is either in foreclosure or behind in payments. Foreclosures of business properties are also at an all-time high. Advisers need a solid understanding of basic real estate law and foreclosure procedures. This course explains how real estate is bought and sold, how mortgages and deeds of trust operate, and how foreclosure procedures are carried out. Attendees will come away with a solid understanding of what clients will face during and after a foreclosure. Learn About: The local and national real estate market » Local foreclosure trends » Traditional mortgages and notes » Deeds of Trust » Tenancy in Common and Tenancy by the Entireties » Power of Sale clauses » Judicial foreclosure » Non-judicial foreclosure » Forfeitures » Redemptions » Deficiency judgments » Workouts to prevent a foreclosure » Deed Over in lieu of foreclosure » The bankruptcy option » Federal stimulus relief for homeowners » Tax consequences of a foreclosure » Effect on Other Creditors » Effect on Borrower's credit score » and Buying at a foreclosure sale. Instructor: John Oreskovich, JD (Oregon) * Credit varies by profession. Please see our page on Professional CPE Requirements. ** Take two courses together and save $55.00. |
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