Self-paced online course

Short Sales & Foreclosure Course

Learn how distressed sales work: the foreclosure timeline, short sale packages, lender negotiation, bank-owned (REO) properties and helping clients understand their options.

Enroll — $97

$97 · one-time payment · secure checkout

Course curriculum

Distressed property basics

Distressed sales follow different rules. This lesson covers why homes become distressed and the options homeowners have.

The foreclosure process

Foreclosure varies by state. You learn judicial vs. non-judicial foreclosure and the key stages and notices.

Short sale packages

Lenders need a complete file. This lesson covers hardship letters, financials, the listing and the offer package.

Negotiating with lenders

Short sales succeed on persistence and organization. Learn how to work with servicers, investors and mortgage insurers.

REO and auction properties

Bank-owned properties have their own process. You learn how REO listings and auctions work for buyers and agents.

Ethics and homeowner protection

Distressed homeowners are vulnerable. This lesson covers foreclosure-rescue scams, disclosures and ethical practice.

What you’ll be able to do

Explain the foreclosure process and timeline at a high level
Prepare and submit a complete short sale package
Communicate with lenders and servicers effectively
Buy and sell bank-owned (REO) properties
Refer homeowners to HUD-approved counseling and attorneys

Who it’s for

Licensed agents, investors and housing counselors who work with distressed properties.

Price

$97

one-time payment

Enroll — $97

Self-paced online course. After checkout, open it from My Courses using the account you checked out with.

Questions

Does this meet state licensing or continuing-education requirements?

No. This course is skills training, not an approved pre-licensing or CE course. Licensing rules vary by state, so check with your state's real estate commission.

How do I get it?

Self-paced online course. After checkout, open it from My Courses using the account you checked out with.

What if it isn’t right for me?

Refunds are handled under our Refund & Returns Policy. Questions: contact us.

About this courseThis is a self-paced educational course. Completing it does not award a professional certification, license, degree or academic credit, and it does not count toward any licensing or continuing-education requirement. It is not real estate or property management pre-licensing or continuing-education coursework, and it is not legal, tax, financial or investment advice. Follow your licensing authority's rules and your brokerage's policies.