Working with short sales is one of the hottest topics in real estate today. So KCRAR has put together a program that’s so big, we even got a grant from NAR to help put it on.
KCRAR has partnered with mortgage lender Wells Fargo and private mortgage insurance provider GenWorth Financial to offer a REALTOR® education program focused solely on short sales. Wells Fargo is sending an expert on the topic from South Carolina to participate. The program will be held in two locations Wednesday, Nov. 18 and will include breakfast or lunch.
Come learn from a panel of experts on this growing concern in real estate. These people really know their stuff, and they're ready to share it with you:
* REALTOR® Russ Bouknight with Reece & Nichols Liberty, a veteran of 100+ short sale transactions; * REALTOR® Tameka Bryant with The Real Estate House, Freddie Mac Master Listing Broker and CreditSmart certified instructor; * REALTOR® Paul Surles with Realty Resource of KC, veteran of short sale transactions for both investment properties and personal residences; * Rullah Price with Wells Fargo Home Loans, Community Relations, Default & Retention Operations. Rullah is coming to Kansas City from South Carolina especially for this program; and * Eileen Pritchett with GenWorth Financial, area Sales Manager
This panel of experts will cover the following topics:
· Buyer issues, such as presenting multiple offers, expectations, etc.
· Short sale procedures for some of the major lenders in our area.
· Seller issues, such as credit, possible ongoing financial obligations to lender, expectations, etc.
· Educating buyers and sellers about short sales, including the estimated timeline from offer to closing and the approval process for short sale offers.
· BPO preparation, the importance of listing at fair market value and encouraging lenders to obtain other value opinions at the time of listing rather than after an offer.
· Your questions!
Due to the overwhelming need for members to become educated on short sales and foreclosure prevention, KCRAR will be offering this program in two convenient locations on WEDNESDAY, NOV. 18. Members can attend the program at whichever location is most convenient.
Here are the details:
KANSAS
8 to 11 a.m. (breakfast will be provided)
Sheraton Hotel Overland Park (6100 College Blvd., Overland Park, KS 66211)
$5 registration fee prior to Nov. 11. After that, registration is $10.
MISSOURI
12 to 3 p.m. (lunch will be provided)
Harrah’s Casino & Hotel (1 Riverboat Drive, North Kansas City, MO 64116)
$5 registration fee prior to Nov. 11. After that, registration is $10.
Registration is available now. Go here to register now (under Events). For more information, contact Cristalle Bozarth at 913-266-5908 or cristalleb@kcrar.com.
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