The Difference Between Short Sale & Foreclosure Part II
If you’re unsure if you can continue to keep up with your mortgage payments, you may wonder what your options are. In our last blog, we discussed the main differences between short sale and foreclosure. A short sale is a path you can take to resell your home for less than the amount you owe on it. A foreclosure happens when a mortgage forcibly possesses ownership of your house if payments are not made on the property.
A short sale does not negatively affect credit compared to a foreclosure. If a lending institution agrees to accept less than the amount owed on the mortgage, then you can sell your house. At Key Realty School, we offer mortgage continuing education courses in order to assist MLOs in satisfying the continuing education requirements set forth by the SAFE act. Key Realty School is one of the preferred real estate and business education providers in the Western United States. The school’s dynamic instructors, course materials, and school counselors provide for a learning environment that has helped shape business practices and careers of licensees for decades. The educational provider Learn Mortgage allows students to conveniently complete their mortgage continuing education requirements with our comprehensive online courses and webinars. Visit Key Realty School online to learn more!
Key Realty School Doubles Down on Commitment to Nevada’s Real Estate Market
For over 30 years, Key Realty School has been a fixture in real estate education in Nevada. Now, we’re doubling down on our commitment to serving Nevada’s current —and future—real estate and business professionals. Here’s how: New Look, Same Excellent Education You may have noticed that we’ve had a bit of a makeover. From our […]
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Do You Need a Real Estate License to Flip Houses in Nevada?
Flipping houses in the Nevada real estate market can be an incredible way to bring in sizable income. However, as with most investments, property flipping can be expensive and quite difficult to find success in, especially when you’re first starting out. When you decide to become a house flipper, the best way to get started […]
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