subject: Commercial Short Sale Training [print this page] Commercial Short Sale Training Commercial Short Sale Training
Commercial Short Sales will be the next big opportunity for all Real Estate Agents to be successful, make great money and get their feet into the door of the Commercial Real Estate Industry. Commercial mortgage defaults are happening at an alarming rate and are only getting worst. Many commercial property owners will not be able to save their properties and will turn to Real Estate Agents to do a commercial short sale.
This is where Commercial Short Sale Training will be essential for ALL Real Estate Agents who want to be successful in commercial short sales. There are similarities and differences between residential and commercial. The most important things to know are:
The Step by Step of ProcessCommercial Short Sales
Different Types of Lenders/Loans
What is Commercial Mortgage Backed Securities (CMBS)?
Why Would A Mortgage Lender Accept Less Money?
When Can A Short Sale Be Done?
SBA Loan Basics and SBA Short Sales
Items Needed fromBorrower/Owner
Items Needed for Submission
Deficiencies/1099
Where to find Clients with Little or No Equity
Once you know and understand the things listed above, you will have a good amount of knowledge to process and complete a commercial short sale. Essentially you will be able to help all types of commercial property owner's short sale their properties. You will find that Commercial lenders tend to be very organized and efficient. They will to give you less of the run around and are very good at streamlining the process. Commercial short sales tend to be completed much quicker than the typical residential short sale. There are also fewer agents doing commercial short sales, which mean much more business and very little competition from other agents.
If you in the Real Estate Industry; NOW is the time to jump into the INCREASING Commercial Short Sale Market and get you foot in the door to the Commercial Real Estate world. Don't let this GREAT real estate opportunity pass you by. For more information on commercial short sale training visit: www.cssinstitute.com
