Get all of your elective hours for the current three year continuing education renewal period out of the way! This package consists of the 12 hours of continuing education electives required by the Michigan Board of Real Estate Brokers and Salespersons.
1. Principles of Commercial Real Estate (4 Hours): This course provides an overview of real estate financing, and describes the different types of loans and loan programs as well as lending sources.
2. Prequalifying your Buyer in Today's Market (4 Hours): A high-level view of commercial real estate, this elective course examines various types of commercial real estate including retail space, storage facilities, and office space.
3. Short Sales and Foreclosures (4 Hours): This course is an overview of short sale transactions, alternatives to short sales, how short sales affect buyers, lenders and sellers, the Home Affordable Modification Program (both HAMP Tier 1 and 2 are included) and the Home Affordable Foreclosure Alternative (HAFA II/Short Sale).