10:30am – Minimum Property Requirements (MPR’s) for FHA, VA, RD, and IHFA – 2 FREE CE Credits

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Class Title: Minimum Property Requirements (MPR’s) for FHA, VA, RD, and IHFA

IREC Designation: CE0933

Classroom Hours: Two 10:30-12:30

Learning Objectives:

\tBrief History of Government Lending Programs.
\tIdentify Minimum Property Conditions (MPR’s) that affect most government-insured mortgage loans.
\tDiscern between MPR’s and other observable aspects of the property.
\tStrategies for working with loan underwriters.

Benefits:

\tIdentify underwriting roadblocks before the appraisers do.
\tPrevent clients from paying for unnecessary appraisal reports.
\tSave time and money for both Realtors® AND clients.
\tHelp guide clients through financing headaches.
\tEliminate embarrassing property condition surprises.
\tProactively address adverse property conditions.
\tStay one step ahead of the appraisers.
\tIdentify what really needs to be part of negotiations.
\tDecide when to walk away from certain properties before spending time and money.

Author/Instructor: Stan Audette (BSEE, ACI, HUD-Accepted 203k Renovation Consultant #S0033)

Minimum Class Size: Since this CE class is offered at no cost from the instructor, we prefer to have at least 8 students in attendance.