We hear a lot about short sales and foreclosures in our current real estate economy, but what exactly is a short sale and what is involved? A short sale occurs when the outstanding loans and liens against a property are greater than the proceeds of the sale of a home. A homeowner may consider this option [...]Tags: Real estate, real estate agent, short sale, short sale negotiations, short sale process

At ProSchools our real estate courses are ARELLO approved.  What’s this mean?  It’s good to know!  Let’s break down what ARELLO is and the benefits to you. So, what is ARELLO? The Association of Real Estate License Law Officials (ARELLO-IDECC) is an organization comprised of real estate regulatory officials from all across the North America, Africa and [...]Tags: ARELLO, CDEI, Real estate, real estate license

If you are in the process of getting your real estate license, you’ve probably discovered that there’s a vast amount of information Realtors® need to know, especially to best serve your clients. Insect and fungi damage might not be on the real estate license exam, but it is a topic you should be knowledgeable about early [...]Tags: dry rot, fungi inspection, home inspection, pest control, Real estate, real estate exam, real estate license, Realtor, wood destroying insects

[/caption] Getting the real estate housing market back on track is a big challenge today and part of President Obama’s strategy to make it happen is through the Making Home Affordable Program. Approximately 9 million families could be eligible to refinance or modify their current loan for a payment [...]Tags: fannie mae, freddie mac, making home affordable program, mortgage, mortgage-licensing, Real estate

ARELLO (the Association of Real Estate License Law Officials) approved eight of ProSchools real estate continuing education courses last month! In January 2009, ProSchools earned accreditation for the following eight real estate continuing education courses: Introduction to Brokerage Management Starting a Successful Brokerage People Management in Real Estate Ethics: Pricing, Offers and Advertising Ethics: Disclosure and Cooperation Leading and Communicating Effectively Credit Scoring Minimizing [...]Tags: ARELLO, Real estate