12 Hour Course
Course ID: 4580B1219
Approved By: South Dakota Real Estate Commission
This course package offers a simple way to complete 12 of the 24 hours of continuing education that South Dakota requires for real estate licensees to renew their licenses.
The course will begin with a class on Integrated Mortgage Disclosures according to TILA-RESPA Integrated Disclosures (TRID). This class will prepare real estate licensees to guide their clients through the disclosure process smoothly during a real estate transaction.
Then the course will review a variety of sources that licensees can direct their clients to for financing. These include down payment assistance programs, as well as different loan program, government and non-government. Other methods of financing we’ll cover include sale and leaseback arrangements, and collateral assignments.
In our Financing Documents class, we’ll talk about the different documents that are evidence of ownership and property debt. Then, we’ll review some real estate math that every licensee should be comfortable with using during transactions.
Next, we’ll talk about the different ways that real estate is valued and appraised, as well as the tax basis for properties. Our final topic will be on the different types of foreclosure, and the possible remedies that homeowners may pursue when faced with foreclosure.