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.
Liz M. Tobolt
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
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.