Wisconsin Continuing Education COURSE
WI 2023-2024 Electives A - Wisconsin Short Sale and Foreclosures, Changing a Property's Use, and Risk Reduction
$39.00
3 Total hours
3 Elective hours
0 Mandatory hours
This annual review of real estate law and issues impacting the real estate business covers hot topics such as navigating short sales and foreclosures, the intricacies involved in changing a property's use, and mitigating risks and options regarding disclosure and contingencies. These are some of the situations licensees may encounter in their day-to-day business. Staying well-informed of these issues will help keep licensees in compliance with state, federal, and local requirements and regulations, all of which impact their business.
This three-hour course fulfills three of the required six hours of electives for the 2023-2024 licensing cycle in Wisconsin. It covers the topics of:
- Short Sales and Foreclosures in Wisconsin
- Changing a Property's Use in Wisconsin
- Risk Reduction for Wisconsin Licensees
Course highlights include:
- Short sales
- Lender approval
- Short sale addenda
- Foreclosure process
- WB-13 Vacant Land Offer to Purchase
- Government programs
- Shoreland zoning
- Conversion fees
- Nonconforming use
- Disclosure obligations for as-is transactions
- Licensee disclosure obligations
- Waiving the financing contingency
- Waiving the inspection contingency