CLASS SCHEDULE
Escrow Processing
(Donna Inman)
Saturday, July 9th
8:30 – 3:00PM
Ayres Hotel, Costa Mesa
Register by July 7th
Prelim Report
(Aaron Lloyd)
Tuesday, July 19th
5:00 – 6:30PM (Evening)
ONLINE CLASS
Register by July 17th
Notes and Deeds
(Aaron Lloyd)
Saturday, July 23rd
8:30 – 12:30
ONLINE CLASS
Register by July 21st
Prorations and Balancing the File
(Donna Inman)
Saturday, July 23rd
8:30 – 12:30
Ayres Hotel, Costa Mesa
Register by July 21st
Bulk Sale Escrow I
(Aaron Lloyd)
Saturday, August 6th
8:30 – 3:00
ONLINE CLASS
Register by August 4th
Basic Escrow
(Marvina Vrabel)
Saturday, August 6th
8:30 – 3:00
Ayres Hotel, Costa Mesa
Register by August 4th
Escrow Business Forum
Saturday, August 13th
MORE INFO TO FOLLOW
Mark Your Calendars
Escrow Processing
(Donna Inman)
Saturday, July 9th
8:30 – 3:00
Tuition: $210.00
Walk through an escrow. Learn the tips and techniques to manage the file, save time, follow up, stay organized and “on top” from start to finish!
This class offers an in-depth review of the in’s and out’s of the sale escrow and will focus on all aspects of the process. While this class compliments “Basic Escrow”, the entire class focus is on resale and is much different in content. Extensive file documentation/examples are provided to participants.
Walk through an escrow! Build your file! Fill out Private Party Payoff Demands, Title Requests, and other escrow documentation. Learn:
- About the purpose and use of escrow related documents
- What documents are sent to the Buyer! The Seller!
- CFPB-TRID Timeline Requirements***
- CFPB-TRID Disclosure Forms***
- How to track down private parties for pay-off demands!
- How to examine and take action on the sale escrow Prelim!! (Overview)
- Managing the file and workflow process!
- Establishing follow up systems to stay on track!
- Staying organized and on top in a sometime fast and chaotic environment!
***NOTE: The CFPB-TRID information is an overview only! It is NOT a substitute for our regular half day class, which is in-depth and held separately!
Location: Ayres Hotel, Costa Mesa
Hours: 8:30 – 3:00
Notes and Deeds
(Aaron Lloyd)
Saturday, July 23rd
8:30 – 12:30
Tuition: $149
This is an excellent refresher class for the seasoned escrow officer, or for those less experienced individuals such as junior escrow officers, or others ready to learn about creating notes and trust deeds.
You will learn about different types of seller carry back notes and trust deeds and the purpose of each. You will also learn not only how to prepare these documents, but when and why! Depending on the situation, identify what phrases and language are required and how to eliminate losses by preparing the documents correctly.
Additional discussion points include:
- Request for Notice of Default/Notice of Delinquency
- Common phrases used in notes and trust deeds
- Escrow for the sale of a note and trust deed
- Working with individual beneficiaries
- Balloon payments
- “Red Flags”
- And more!
The tuition for this class includes a very comprehensive workbook that can be used as your office reference.
Location: ONLINE CLASS
Hours: 8:30 – 12:30
Prorations and Balancing the File
(Donna Inman)
Saturday, July 23rd
8:30 – 12:30
Tuition: $139.00
Remove your frustration in completing “manual” escrow computations! You will leave the class room with a higher level of confidence!
Always a class favorite! From computing Documentary Transfer Taxes to balancing your file, you will be actively engaged in a variety of escrow related calculations, from computing interest, taxes and more!
Using examples and case studies, supplemented with “take home” hand-outs that can assist you back at the office, participants will put their heads down, turn on the calculator and learn the manual way to complete the calculations AND how to explain it to your customer!
Don’t forget to bring your calculator to class!
In addition to several “take away” templates, this class will focus on the following:
- Completing the calculations
- Understanding the Funding to Closing Process
- Understanding how to compute “Doc Tax”
- Recognizing important Tax dates and deadlines\
- Correcting out of balance conditions
- And a lot more!
Location: Ayres Hotel, Costa Mesa
Hours: 8:30 – 12:30
Prelim Report
(Aaron Lloyd)
Tuesday, July 19th
5:00 – 6:30 (Evening)
Tuition: $99
In this class, you will learn, or enhance your existing knowledge of the “prelim”.
The class will focus on:
- How to Effectively Read & Interpret a Prelim
- “Red flag” Warnings
- Identification of Risks & Issues
- Resolving Liens, Encumbrances, Easements, Restrictions, etc.
- Resolving Common Curative Issues
- Communicating an Understanding of the Prelim to Buyers/Sellers
Location: ONLINE CLASS
Hours: 5:00 – 6:30 PM (Evening)
Bulk Sale I
(Aaron Lloyd)
Saturday, August 6th
8:30 – 3:00
Tuition: $425.00 LESS $50.00 if paid by JULY 30th = $375.00
FREE after class support!
This class starts with the basics. What is a Bulk Sale escrow? What escrow processing differentiates it from residential? From Commercial Escrow? What are the commonly used documents in a Bulk Sale escrow? Where do you start? What do you do? What about Publishing? Working with outside Agencies?
In easy to understand language, this class will provide you with your foundation to begin processing Bulk Sale Escrows with confidence!
Among the many things covered will be:
- Steps in Processing the Bulk Sale Escrow
- Information Needed to Open the Escrow
- Commonly used Bulk Sale Escrow Documents
- Tax Liens and Judgment Searches
- Publishing and Filing of Notices, Transfers, Fictitious Business Names.
- What “timelines” do you need to know!
- Recognizing and Dealing with Bulk Sale “Red Flags”
- Working with Alcohol Beverage Control and Other Agencies
- Managing the Process – Start to Finish!!
- Sourcing Bulk Sale Escrow Business!
Excellent supporting material (manual) is provided!
Subject to availability, one or more guest speakers will address the attendees and provide additional handout material. FREE after class support!
Location: ONLINE CLASS
Hours: 8:30 – 3:00
Basic Escrow
(Marvina Vrabel)
Saturday, August 6th
8:30 – 3:00
Tuition: $210
Our extensive “Basic Escrow” workshop establishes the foundation for understanding “escrow” and lays the ground work for future training as needed. This class covers many aspects of escrow with a focus on the resale escrow. Our workshop covers industry terminology, “tips & techniques” on a variety of subjects; working through “red flags”, understanding Pre Lim and Title reports; opening an escrow; confidentiality, being a neutral third party, and more! Extensive material, handouts and templates are provided.
- Industry Terminology/Acronyms
- Escrow – Purpose: Buyer/Seller/Lender/Escrow Roles
- Escrow Risk Management – Recognizing the “Red Flags”
- Opening Escrow & Preparation of Escrow Instructions
- Using the C.A.R. contract; Understanding Your General Provisions
- Sale & Refinance Escrows – Notes, Deeds and Other Documentation
- Ordering Demands – Sub Escrow
- Title Insurance – Purpose and Types of Policies; Prelims – Identifying “red flags”
- Documentary Transfer Tax, Prorations and Balancing the File (an introduction)
- P.C.O.R. requirements and forms!
Location: Ayres Hotel, Costa Mesa
Hours: 8:30 – 3:00
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