4 Hour Workshop - Save the American Dream of Homeownership (DRE Sponsor no. 4887)
The financial collapse changed everything, and you can show your clients how to survive and prosper. Learn strategies to help clients better their troubled credit profiles, and lead them back to home ownership after they have suffered a financial catastrophe. This 4-hour workshop provides in-depth knowledge and practical tools, covering the following topics:
The truth about credit scores and credit reports:
- The true impact of mediocre credit score
- The sources and types of FICO and FACO scores
- How the FICO score is truly calculated and applied
- Understanding various types of consumers' and lenders' credit reports
- How to examine and analyze a lender/creditor tri-merged credit report
- How to build a pristine credit history from zero
- How to properly deal with a debt collector
- How to easily dispute inaccurate information
- How to rebuild your credit score after a credit crisis/disaster
Lead your clients back to home ownership after they have suffered a financial catastrophe. Essentials in rebuilding your client’s credit profile:
- Recent laws impacting credit scores and credit reports
- How credit repair companies half-truths, lies and scams impact you and your clients
- The true impact of short sale, deed in lieu and foreclosure on credit score
- Fannie, Freddie and FHA's waiting periods following a short sale, deed in lieu and foreclosure
- How to secure a loan following a short sale transaction
- How to guide your short sale clients back to homeownership
- How to work with your lender to make the most of your client's credit profile
- The dos and don'ts of credit scores while in escrow
- Top 10 habits of maintaining a good credit score
- And much more...
