Description

The way transactional financing is secured, and escrow instructions are set forth plays a critical role in how the parties’ obligations may be enforced in court.

Upon completion of this course, you will be able to:

• Explain differences in the types of lenders and identify red flags that may indicate predatory lending practices.
• Identify the benefits and risk-reducing functions of the Pre-Qualification and the Loan Status Update (LSU) forms provided by AAR.
• Describe the relationship between a sales contract and escrow instructions.
• Identify the risks associated with the provisions of the Commitment for Title Insurance form.
• Explain potential post-closing risks associated with inadequate title insurance and forfeiture of a property due to nonpayment.

Instructed by Rick Mack, Esq. & Christin Mack 

To learn more about the rCRMS certification, visit  http://www.aaronline.com/increase-knowledge/certified-risk-management-specialist-rcrms.
 
BONUS: This class also offers credit towards the GRI designation. To learn more about the GRI designation, visit azgri.com.

Register: https://www.aaronline.com/calendar/view-event/?id=2166