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OnDemand Course

Strategies Short of Foreclosure: Real Estate Short Sales and Beyond

Understand when a Deed in Lieu of foreclosure or Short Sale may be utilized to reduce the time and expense of litigation, even when subordinate liens exist.

The timeline for many residential foreclosures throughout the nation have been extended by many months and in some jurisdictions even years. Lenders and Mortgage Servicers do not always understand the manner in which Deeds in Lieu and Short Sales may reduce these timelines or eliminate the need for protracted litigation, entirely. This topic helps people employed by the Loss Mitigation Department of Lenders and Servicers to understand when a Deed in Lieu of foreclosure or Short Sale may be utilized to reduce the time and expense of litigation even when subordinate liens exist.

Runtime: 96 minutes
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Deed in Lieu

  • Benefits
  • Qualification
  • Default

Short Sale

  • Benefits
  • Qualification
  • Default

Subordinate Liens

  • Title Insurance
  • Effect on Deed in Lieu
  • Effect on Short Sale
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More Program Information

Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

Applications have not yet been submitted for Delaware, Idaho, Kentucky, Maine, New Hampshire, Ohio, Oklahoma, South Carolina, and Wyoming CLE for this course. However, if you are interested in obtaining CLE for any of the listed states or have any additional credit questions please email us at [email protected] or call us at 866-352-9540.

This course was last revised on September 28, 2018.

Call 1-866-352-9540 for further credit information.

  • CA MCLE 1.5
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
     
  • WA CLE 1.5
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.5 hours of A/V credit under the Law & Legal Procedure category.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Peter T. Roach, Esq.

Peter T. Roach, Esq.

Roach & Lin, P.C.

  • Principal of Roach & Lin, P.C.
  • Practices in all areas of mortgage default servicing, including foreclosure, loss mitigation, bankruptcy, litigation, evictions, and REO sales throughout the entire State of New York
  • Lecturer for St. John’s University Continuing Legal Education Program, New York State Bar Association, Queens and Nassau County Bar Associations, Practicing Law Institute, Lorman Education Services, The Knowledge Group, and Marino Legal Continuing Legal Education
  • Membership information: board of directors, St. John's University School of Law Alumni Association (member, 1988 to present; president 2002 to 2004); International Network of Boutique Law Firms (INBLF) (member, 2004 to 2016; president, New York Chapter, 2008 to 2011); New York State Bar Association; and vice president of Harmony Heights School (2000 to present)
  • J.D. degree, St. John’s University – School of Law; B.A. degree, State University of New York at Binghamton
  • Can be contacted at 516-938-3100 ext. 318 or [email protected]
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Why Lorman?

Over 34 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
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  • Course Manuals
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  • Executive Reports
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Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

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Product ID: 404090
Published 2018
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Available in Multiple Formats

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