Woods Bros agents learn about foreclosures, short sales February 16th, 2010
Twenty Woods Bros Realty sales professionals attended the “Short Sales & Foreclosures: Protecting Your Clients’ Interests” course Feb. 5, sponsored by the Realtors Association of Lincoln, the Nebraska CRS (Certified Residential Specialist) Chapter and the Nebraska Realtors Association.
The course, taught by Senior CRS Instructor Robert Morris, explained the intricacies of the short sale and foreclosure processes, as well as the roles of lenders, sellers, buyers and cooperating agents involved. It also provided dialogues and systems for working with financial institutions and other owners of REO (bank-owned) properties.
Students took this course as a core credit on their way to a CRS Designation. Those in attendance are now better able to counsel homeowners in danger of losing their homes to foreclosure. In addition, they can help clients navigate the process of a short sale, which occurs when the proceeds from the sale fall short of the balance owed on the loan.
Woods Bros Realty agents in attendance were: Dave Rutledge with the Country Club Plaza office; De Abbot and Lorrie Foster with the Grand Island office; Susan Ferris, Mike and Polly Figueroa, Wendy Francis, Karalyn Hoefer, Brenda Mesloh and Sandy Wacker with the SouthPointe office; and Gloria Aron, Kevin Burklund, Brenda Farrington, Jennifer Gatlin, Jane Hermsmeyer, Carla Hines, Trish Jarvis, Dennis Mehrhoff, Bridgette Miller, Jon Rademacher and Deb Wagner of the Lincolnshire Square office.
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