Beginner
+1
Oct 28, 2026
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5 min read
For agents starting a short sale file: how to get the current checklist, explain each request and collect documents securely.
Learn what to check, track and tell people after a short sale offer is submitted, from receipt and missing items to counters and approval conditions.
4 min read
For buyer's agents: how to confirm what's being sold, read the auction terms and look past a low starting bid before a client bids.
Learn what an REO agent does, step by step, from the assignment and first visit to repairs, listing, offers and closing.
Learn who does what on a mortgage, from the lender and servicer to the loan owner and foreclosure attorney, with a role table, a sample file and a first-call script.
3 min read
Learn what a deed, a promissory note and a mortgage or deed of trust each do, and why "the bank has the deed" usually isn't what it sounds like.
For agents: four checks to see if a homeowner behind on payments has enough equity for a regular sale, before anyone calls it a short sale.
Learn how a mortgage payoff differs from reinstatement, the loan balance and the past-due amount, with a simple net sheet example for agents.
For agents: how to spot second mortgages, HELOCs, unpaid taxes and other liens early, so your seller's proceeds estimate holds up.
