Virginia Post-Licensing COURSE
Virginia Post-Licensing: Financing
$25.00
2 Total hours
0 Elective hours
2 Mandatory hours
Success as a real estate professional is dependent on closings, and closings are dependent on finances—including cash deals. Understanding the A to (Regulation) Z of financing will help you and your clients get to the finish line more often.
Course highlights:
- How financing contingencies apply to the offer
- Comparing pre-qualification to pre-approval
- What the loan commitment means to the buyer’s financing contingency
- How to protect seller client interests when cash offers are received
- Loan programs, including the Virginia Housing Development Authority
- Alternatives to conventional financing
- Section 1031 tax-deferred exchanges
- SAFE Act, RESPA, TRID
- Finance advertising rules, including rules for mortgage providers in Virginia
- A review of key closing documents