DRE Sponsor No. 0473 & S0110
NMLS Course Provider No. 1400986

Pkg # 203 Buying Homes in Foreclosure & Creating Carryback Financing

Welcome to Buying Homes in Foreclosure &Creating Carryback Financing course content page

  • You are viewing this page for the course content for our 45hr package #603
  • This course covers sellers carrybacks and CA equity purchase deals, with the six DRE mandated O-AFTER courses as described below
  • Your order may be placed by clicking an order button after you have scrolled through the course descriptions

27 hours of Consumer Protection

Buying Homes in Foreclosure Buying Homes in Foreclosure

Realty Publications, Inc.
Legal Edit 2014
Read then enroll


Buying Homes in Foreclosure
  • Gain complete knowledge of the statutory scheme governing home sales transactions between sellers-in-foreclosure and equity purchase (EP) investors
  • Buying Homes in Foreclosure covers all the unique EP concepts when negotiating the sale of an owner-occupied residence in foreclosure, including guidelines and time frames for an equity purchase investor, property analysis, title conditions, loan assumptions, escrows and short sales
  • On completion of this study, agents and EP investors will be prepared to handle all aspects of the sale and acquisition of owner-occupied, one-to-four unit residential property in foreclosure

104 Creating Carryback Financing

Realty Publications Inc.
Legal Edit 2016
Read then enroll


Creating Carryback Financing
  • Creating Carryback Financing equips California brokers, agents, buyers and sellers in carryback financing transactions with the knowledge to efficiently structure seller financing agreements, advise on their financial risks and rewards while complying with the latest laws and regulations
  • This book includes up-to-date, in-depth analyses of carryback financing basics, notes and their provisions, trust deeds, sophisticated carryback arrangements and tax aspects of carryback paper
18 hours of Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management

Office Management and Supervision Office Management & Supervision, Agency, Fair Housing, Trust Funds, Ethics and Risk Management

Realty Publications, Inc.
Legal Edit 2018
Read then enroll

 
Office Management & Supervision
  • - A critical analysis of how real estate brokers are to establish policies, rules and procedures for managing their offices and limit their exposure to risk
  • - Also covered is the tracking of agent activities, records, funds and reports, as well as the appointment and supervision of an office manager, and implementing a successful marketing strategy
Agency
  • - Agency and representation are synonymous in real estate transactions
  • - Learn how a broker, by accepting employment from a client, undertakes the task of aggressively using due diligence to represent the client - to meet the client's purpose for retaining the broker
Fair Housing
  • - Fair Housing focuses on the federal and state housing laws which relate to the sale and rental of property, such as prohibitions against redlining, discriminatory advertisement, refusing to show properties and blockbusting
Trust Funds
  • - Trust Funds covers the management and accounting of trust funds belonging to others which a broker handles in the course of their business
Ethics
  • - A review of the procedures for maintaining professional standards in all real estate transactions to ensure truthful and reputable conduct by real estate licensees
  • - Topics include how to disclose a conflict of interest, the proper handling of a counteroffer form, property disclosures, the accurate representation of mortgage terms and prohibited practices, such as use of kickbacks, price fixing and restricted MLS access
  • - Our Ethics course meets and exceeds the CAR/NAR Code of Ethics requirement because it is approved by the California DRE
Risk Management
  • - Recognize, handle and effectively resolve the risk of liability inherent in the practice of real estate related activities
  • - The correct use of forms to make disclosures and present analyses is crucial to avoid the errors and omissions which place liability on the broker and their agents
Select one of our 45hr CE Package
  • Each of our ten 45-hour CE packages include the DRE mandated
  • 20 BO-AFTER hours comprising Implicit Bias, Office Management, Agency, Fair Housing, Trust Funds, Ethics and Risk Management, and
  • 25 Hours of Consumer Protection

Select your reading method
  • Complete as soon as six days by selecting printed and e-book or just e-book (without timer)
  • Or complete within 3 days by selecting online-timed e-book requiring 45 hours of reading
  • After enrolling, you may switch to a different course or upgrade from e-book to printed book for a fee of $17.50

Education and Licensing Preamble
To proceed, please cursor over these links to set your study expectations
Critical Aspects
  • These courses are homestudy correspondence courses;
    - California-specific content by Realty Publications, Inc., updated online monthly
  • All-inclusive pricing — materials, taxes, shipping, and everything included
  • All course materials are delivered in print, e-book, video or HTML
  • Online access is immediate - printed books arrive via USPS in 5-7 business days
  • Videos by bring the DRE-mandated topics to life — 2+ hours of viewing and
         learning
  • There is an additional charge to switch from one package topic to another after ordering
  • Course content is fully linked to RPI forms and provisions, for best comprehension
  • Have a question on content? Next day answer, via email
  • Print your Certificate of Completion on passing all courses
  • You have one year to complete the courses
  • You receive email reminders to complete before course expiration
  • 100% Money Back Guarantee during enrollment before any testing
Testing Procedures
STEP 1: Your course outline

Your 45-hour continuing education package is divided into 3 sections. Each section has its own quizzes and exam(s). To complete your 45 hours, follow your personalized course outline online.

STEP 2: Your minimum study time before taking exams

On enrollment, your course reading materials are immediately available online. You may complete your course in as little as 6 days, unless you are enrolled in the 45-hour online-timed course (104). You may test on no more than 15 credit hours of continuing education during a 24-hour period.

STEP 3: Take the quizzes

Quizzes are mandatory and available online immediately after enrollment. Quizzes are not timed and there is no minimum passing score. you have unlimited quiz attempts. Quizzes are taken online by clicking on "Take Quiz" link in your course outline. Feedback on your quiz performance and quiz answers are provided after you complete each quiz.

STEP 4: Take the final exams

Before reviewing any course material online, DRE requires you to acknowledge, under penalty of perjury, that you are the person enrolled, and you will be the only person to complete the course.

You must pass all exams with a score of 70% to receive 45 hours of continuing education credit. Exams are multiple choice and open book. The exam(s) for each section become available only after you've met the minimum study time and taken the quizzes for that section. You may only test on 15 hours of continuing education (one section) per 24-hour period. Sections must be completed in sequential order. The maximum time allowed per exam is equal to 1 minute per question. Exams are available online by clicking on the "Take Exam" link in your course outline. Online exams are graded instantly upon completion.

When you fail any exam, a backup exam is immediately available online. If you also fail the backup exam, the section automatically resets requiring you to repeat the study and exam process. For Sections 1, 2 and 3 resets, you retake the quizzes and wait the minimum study time before receiving 2 more attempts to pass the section exam.

Minimum study times for reset sections vary;

  • two days when you fail Section 1 or 2 exams;
  • four days when you fail both sections 1 and 2 exams; and
  • for Section 3, you wait 3 hours per failed exam.

You incur no charge for retakes on resets during your 1-year enrollment.

NOTICE: Students enrolled in 45 hour CE packages other than #203 and 702, have their scores for exams on Sections 1 and 2 averaged. When your averaged score is less than 70%, both Sections 1 and 2 reset.

Study Method Options
45-Hr Course Preview


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