I recently wrote a post titled:
LOAN MODIFICATION COMPANIES - New Business Model or Risky Scam? Chapter 1
Today I ran across this article on the
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and wanted to pass it along to the Active Rain community albeit many if not most of you already read this as well. But it looks like NAR is coming a little closer to bringing a resolve to our Loan Modification crisis. This is a good start and will definitely give the recipients of the course a lot more information and knowledge in the whole Loss Mitigation arena. Hope you find this helpfull.
NAR Launches Short Sales Certification Program
Nearly one-third of all existing homes sold recently were either short sales or foreclosures, according to National Association of REALTORS® data. To help practitioners meet the needs of home buyers and sellers who need these services, NAR has launched a new Short Sales and Foreclosure Certification Program (SFR).
“Foreclosures and short sales can offer opportunities for home buyers, but it’s extremely important to have the help of a real estate professional for these kinds of purchases,” says NAR President Charles McMillan. “This new certification will help them serve a growing need.”
The SFR certification program is offered by the Real Estate Buyer’s Agent Council of NAR. The program includes training on how to manage short sale, foreclosure, and real-estate owned transactions, and provides resources to help practitioners stay current on national and state-specific information as the market for these distressed properties evolves.
To earn the certification, REALTORS® must complete a one-day education program, either in-person or online, as well as three, one-hour Webinars. The certification program will be offered at the REALTORS® Conference & Expo in San Diego, Nov. 13-16.
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