Everything you need to know about the Making Home Affordable Program and the mandatory process, rules and paperwork for Short Sales...
The ILHM Center for Asset Preservation (CAP) announces new training specific to the Making Home Affordable Program (MHA). The central focus of our CAP training is doing Short Sales using the new mandatory process, guidelines, and required paperwork. The training also provides an overview of other MHA foreclosure avoidance options, as well as key information on the Mortgage Debt Forgiveness Act -- all of the key things agents must know for successful short sales under the new rules.
We created CAP and began developing this Short Sale training for our ILHM members, but when we discovered that no one was offering training covering Making Home Affordable, we decided to open the training to all agents.
This information is ‘must have’ information for agents hoping to help homeowners avoid foreclosure and, it is essential for completing successful short sales for borrowers who must sell.
Be sure to watch the “MHA Myths” video above if you’re hearing that Making Home Affordable isn’t important!
At ILHM, we believe strongly that all of America’s REALTORS® must get involved, get trained and get to work to help homeowners in their battle to avoid foreclosure and minimize the negative credit and tax consequences they are facing. As an industry, Realtors are key to helping get American households back on their feet and the economy back to good health.CAP training will soon be available online.
A live event, the Short Sale Success Summit 2009 is scheduled for October 7 and 8 in Houston (TX).
For agents who have taken short sale training in the past or even earned a distressed property designation, the CAP course is ongoing Making Home Affordable resource your must have.
Making Home Affordable covers almost nine out of ten home loans and changes almost everything about how Short Sales are done. CAP’s new up-to-date training reflects the new processes, rules, guidelines and standardized paperwork which are now required. In fact, we challenge agents to take the quick quiz about Short Sales on our CAP website. We think most agents will be surprised by the correct answers.Agents completing CAP training online or at live events will earn a CAP Short Sale Achievement Certificate. Texas agents will earn 15 hours of continuing education credit for the live CAP training event in Houston which will be held at the Hilton Post Oak Hotel near the Galleria Shopping complex.
In addition to the Making Home Affordable training, The Short Sale Success Summit 2009 will include panels and presentations featuring government officials, loss mitigators, and real estate agents specializing in Short Sales.
A special module on the impact of MHA and the Debt Forgiveness act on luxury properties will be included. There will also be special networking opportunities. Call or email us with your questions.
We’ll hope to see YOU in Houston at The Short Sale Success Summit 2009.
CAP Website
