Financing 101 for Real Estate October 9, 2019 – 9am – 11am
Realtors, Have you ever wondered what the difference is between FHA, VA and Conventional Loans? Are you curious what other Loan Programs are out there that don’t fit the Traditional Borrower? Come to Financing 101 and learn about all the different Loan Products, Credit Score Requirements, What Appraisers Look for on a FHA, VA and Conventional Loan. Learn what Debt To Income Ratio Means, What Credit Scores are required and how to talk financing with your buyers and sellers. You will leave this class with all the basic knowledge to help your buyers understand the loan process and be more knowledgeable when your buyer and sellers ask you financing questions.
This class is part of the Florida REALTORS iCE Program. Attendees must be present at the association for the webinar to receive credit.
Course Description: This course has been designed to set you up for success by answering some of the most important “What’s Next?” questions. The information is divided into five sections: Corporation Entities and the Business Plan; Mortgage Finance 101; Home Construction, Architecture and Inspections; The Art of Working with Sellers and Buyers; and Title 101.
This course will teach agents to understand the choices to be made when setting up your business, recognize the benefits of a business plan and how to create an effective one, steer clear of potential pitfalls, establishing partnerships with other industry professionals and understanding the inspection process.
Overseas residents have had great success investing in U.S. real property, especially in Florida. Whatever form these foreign investments take, substantial taxes can arise with the eventual disposition of the property or interest in the entity holding the property. As you know, in 1980 the U.S. Congress passed the Foreign Investment in Real Property Tax Act – in short FIRPTA – to tax foreigners’ gains on income from and sales of U.S. real estate and other real property.
If your company would like to learn more about current FIRPTA regulations, Marena Loeffler, CPA, CEO of Allure Accounting will be discussing those subjects and how your international clients are affected by the laws. In her talk, she will explain the possible liabilities for real estate agents and title companies dealing with FIRPTA. More specifically, she will discuss what those firms are obligated to do under this law when dealing with a non-resident alien seller of real property.
BER Global Network Presents : Intro to International Real Estate *2CE October 23, 2019 – 12:30pm – 2:30pm ( Lunch will be provided)
Over the last 3 years, foreign buyers consistently purchased over $100 billion of residential property. How many of those sales were you a part of? Take this class and learn if participating more fully in the global market is for you. Objectives: At the end of this course, the student will be able to: • Define an international customer • Understand the impact they have on local real estate markets • Illustrate how international buyers and sellers are already here in Florida • List elements involved in an international real estate transaction • Calculate the effect currency fluctuation has on an international real estate transaction • Describe specific regulations that impact foreign buyers and sellers • Understand resources available to REALTORS® who choose to work in this market