Event

 

CE Elective: Mortgage Assumptions and The Real Estate Transaction [Virtual]

February 13, 2025

Office: VIRTUAL

Type of Event: Continuing Education Specialty

Instructor: Lisa Mitchell

10

VIRTUAL COURSE  
Virtual Registration link and course materials will be emailed closer to the course date.

VA Elective CE: 2 hours

This course gives an overview of what a buyer and seller can expect when entering an assumable loan transaction.  It will define the term, give an overview of the types of mortgages that are assumable, who would qualify, lending criteria, release of liability under the terms of the loan, assumption deed, note, and deed of trust.  This class will also review timelines and fees, and break down the settlement process, documentation needed to complete the transaction, what to look out for, and contract tips.

Cancellation policy applies upon registering for this course.  Cancellation fee is $10.00. No exceptions.