Texas Real Estate School Offers Short Sales Course

May 27, 2011

HOUSTON, TX -- Texas real estate school Spencer Training (also known as Spencer School of Real Estate) now offers a new course on short sales and foreclosures. The class addresses all the information that real estate agents today need to work with the bank in completing a short sale transaction. The class is a 15 hour MCE Certified Foreclosure Course which provides a CFS designation.

The class is a brief, thorough education about real estate's newest phenomenon: short sales and foreclosures. "Today's economy means that Texas real estate agent schools must train their students in these subjects," says Linda Robicheaux of Spencer. "In some areas of the U.S., real estate agents face these concerns every day."

The class addresses these topics:

The definition of a short sale and how they operate
Why lending institutions do short sales
How a short sale operates, borrower details/ loan details
Underwriting guidelines for a successful short sale
How the servicer/investor relationship impacts short sales
Issues today with short sales
Liabilities for the agent, borrower, and loan servicer
How to close a short sale and make money
Step-by-step how to complete a short sale transaction

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About Spencer Training and Testing Development
For 12 years, Spencer Training has been providing award winning Texas pre-licensing and continuing education courses in multiple formats to fit busy schedules. Students can choose from classroom, correspondence, or online courses for real estate sales people, real estate brokers, loan officers, mortgage brokers, loan processors, appraisers, and inspector licensing agents. Spencer offers classes seven days a week supported by quality instructors, an award winning curriculum and a student- focused staff.

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