Thirty-one HOME Real Estate sales associates attended the “Short Sales & Foreclosures: Protecting Your Clients’ Interests” course Feb. 5, sponsored by the Realtors Association of Lincoln, the Nebraska CRS (Certified Residential Specialist) Chapter and the Nebraska Realtors Association.
The course, taught by Senior CRS Instructor Robert Morris, explained the intricacies of the short sale and foreclosure processes, as well as the roles of lenders, sellers, buyers and cooperating agents involved. It also provided dialogues and systems for working with financial institutions and other owners of REO (bank-owned) properties.
Students took this course as a core credit on their way to a CRS Designation. Those in attendance are now better able to counsel homeowners in danger of losing their homes to foreclosure. In addition, they can help clients navigate the process of a short sale, which occurs when the proceeds from the sale fall short of the balance owed on the loan.
HOME Real Estate had the most representatives of any company in the state taking the course. They included: Shirley Fralin, Harry Rotthaus and Jan Thomas of the Cotner office; Kim Deubelbeiss, Jeni Eitzman, Elizabeth Katt, Chris Knoche, Jayme Krueger, Susan Luxford, June Ring, Karen Roeber, Videl Sabio-Navarro, Linda Siedhoff, Brad Ulrich and Carla Waldbaum of the North office; Donald Dahlquist, Stacy Hartgerink, Charlotte Hazzard, Ellen Walsh High, Nancy Johnson, Donna Melichar, Dan Mlnarik, Pat Ohmberger, Roger Schreiner, Lenette Schwinn, Sherri Walker and Patti Whitbeck with the Pine Lake office; and Josh Bulow, Betty Burback, Kimberlee Johnson and Vern Sorensen from the Pioneer Greens office.