Many homeowners applied for mortgage forbearances during the COVID-19 pandemic in an attempt to save their homes from foreclosure. Mortgage forbearances are now expected to have mixed results as to their effectiveness helping homeowners avoid foreclosure as homeowners must now find ways to pay them back. This class will give students a deeper understanding about mortgage forbearances, how they work, what there limitations are and how they potentially impact homeowners. By having this deeper understanding, brokers will be better equipped to advise homeowners of their options surrounding mortgage forbearances.

Cost - $30
Credits - 3

Instructor Name - Roxane Webster
Company Name - Cox Education

While insertion of appraisal waivers has become nearly routine in multiple offer situations, the variety of provisions used by brokers are far from standardized.

Disputes over the interpretation of various appraisal waiver provisions are growing at an alarming rate.

This class examines several variations of appraisal waivers and the interpretation conflicts that often arise between the buyer and seller.