The Difference Between Short Sales & Foreclosure Part I
If you’re having trouble making mortgage payments, you may be hearing about foreclosure. However, there is another option to consider. When a house is a short sale, the owner resells the house themselves for less than they owe in mortgage payments. In other words, if a homeowner owes more debt than what they can afford, they may opt for a short sale. When it comes to foreclosures, however, this is not an option, but rather a decision made by the bank to take possession of the home when a mortgagor fails to make their payments. In terms of short sales, if all liens holders agree to accept less than the amount owed on the debt, then a homeowner may proceed with selling the house.
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. We provide Nevada real estate school online courses, an 8 Hour SAFE Comprehensive Continuing Education: Compliance in Action for the calendar year, this course satisfies the annual continuing education requirements for MLOs set forth by the SAFE Act. The course covers topics required by the SAFE Act: (3hrs) of federal law, (2hrs) of ethics (which shall include fraud, consumer protection, and fair lending issues), (2hrs) of nontraditional mortgage lending, plus (1hr) of undefined education (elective). The course work can be taken through live classroom lecture OR through online study.
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 […]
Do You Need a Real Estate License to Flip Houses in Nevada?
Flipping houses can be an incredible way to bring in sizable income, but as with most investments, property flipping costs a lot to get into. When you decide to take on the role of a house flipper, the best way to start is by receiving credentials and standing out in the real estate industry. Learn […]
How to Get a Real Estate License in California?
If you are thinking of getting your real estate license in California, there are a few things you should know. You must be at least 18 years of age, complete an approved 135 hours of pre-licensing education, apply for a salesperson examination, submit fingerprints for a background check, pass the California state licensing exam by […]
Need help preparing for your PSI exam?
We’re here to help you pass your PSI exams in Nevada with flying colors.
Get in touch with us to discuss your options with an enrollment advisor.