Elective C: Financing

Event Date: March 21, 2018 at 1:00pm - 4:30pm

Event Location:

Country Springs Hotel
2810 Golf Road
Pewaukee, WI

Credit Hours: 3

Description:

Elective C - Financing focuses on the variety of ways in which a buyer finances a transaction and associated federal and state laws that regulate financing programs. Consider the financing contingencies in the offers to purchase and how cash offers are addressed in the approved forms. Review various loan programs including USDA Rural Development financing and other government financing programs. Explore federal regulations governing the Loan Estimate and Closing Disclosure under TRID and their effect on closing procedures. Discuss alternate transfers including exchanges and lease-with-option transactions. Topics also include seller financing, the SAFE Act, RESPA, and closing documents for buyers and sellers.

Instructor:
Liz M. Tobolt

Pricing:

Non-Member $35.00 in advance, $45.00 at the door

REALTOR® member $27.00 in advance, $37.00 at the door

Appraisal Section Member $27.00 in advance, $37.00 at the door

Registration Info:

Online Registration

Program Description:

During the 2017-2018 biennium, the Department of Safety and Professional Services requires real estate licensees to complete 18 hours of continuing education during this two-year licensing period by completing six approved 3-hour courses. Courses 1, 2, 3 and 4 are mandatory, as well as two of the elective A - D courses in order to renew their license.