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The CE Shop

Uncle Sam has Homes for Sale: Listing and Selling HUD Homes

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Overview / Abstract:

For Alaska CE, this course falls under ECE credit type with the Designated Core Area of Sales and approved for the following topic and subject areas: Topics-1, 9, 11, 16, 30/Subject Areas-Licensing Relationships, Fair Housing/Equal Opportunity Laws, Foreclosure/Judgments/Bankruptcy, Marketing Property, and Ethical Decision Making in Real Estate Transactions. Although this course has been approved by the state of Alaska for 3 hours, the course content and anticipated time to complete the course is certified by ARELLO at 4 hours.
The U.S. Department of Housing and Urban Development (HUD) acquires thousands of homes every year through foreclosure on properties that had Federal Housing Administration (FHA) insured mortgages. This course explains the processes and procedures involved in listing and selling HUD homes, including how the properties are awarded to individual brokers for listing, how brokers and agents are compensated for these sales, and how they are listed and marketed.

Course highlights include:

Overview of increased commission opportunities
Explanation of FHA financing, and the FHA foreclosure process
A summary of the roles created through HUD's Management and Marketing III program, and details regarding the duties associated with each role
A description of the documents involved in the sale of a HUD home
Rules outlining the advertisement of HUD homes
Details about the HUD home bidding process

Expiration

Mar 06, 2020

Discipline(s)

Real Estate

Format

Online

Cost

$29

Credits / Hours

3hours/ 4hours by ARELLO

Accreditation

ECE/ARELLO

Keywords / Search Terms

The CE Shop Topics-1, 9, 11, 16, 30/Subject Areas-Licensing Relationships, Fair Housing/Equal Opportunity Laws, Foreclosure/Judgments/Bankruptcy, Marketing Property, and Ethical Decision Making in Real Estate Transactions

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