Short sales in real estate transactions is a topic students need to know and understand not only for their real estate license exam, but also their real estate sales career! Short Sale transaction aren’t as common as during the mortgage crisis of 2010; but they do still happen. In this real estate exam prep video we will break down what a short sale transaction is and what you need to know for your real estate license exam.
Key real estate terms discussed are:
Short Sales –
Default Judgment –
Mortgage Liens –
Best of luck with your studies…
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New real estate exam prep videos uploaded 2-3x per week to students pass their real estate exam. Feel free to leave a comment, suggestion, or questions asked in the comment section.
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Paul Vojchehoske
Mr. Real Estate Seminars, Inc.
The Real Estate Classroom
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P.S. Nothing in this video shall be construed as legal or financial advice and is for INFORMATIONAL purposes only! Please consult with a competent attorney, financial advisor, and your broker before implementing anything you’ve learned from this video. Likewise, the issues discussed herein may not be applicable in your state or local jurisdiction.
Cheers,
Paul Vojchehoske
Real Estate Exam Prep, Real Estate Principles and Practices, Section 9: Transfer of Title (Ownership)