

Peeling the multiple layers of foreclosure can often be complicated, confusing and costly. What you see isn't always what you get — creditors, liens and other encumbrances are almost always involved in foreclosed commercial real estate transactions. Understanding commercial mortgage and other debt instruments, statutory regulation and their impact on foreclosures, is imperative if you want to become a successful distressed commercial real estate agent.
This course will teach you all about the different types of contractual debt obligations, how they affect title in real estate and the different stakeholders interests during foreclosure. Having a firm grasp of this information will make you (and save your buyers) tons of time and money in the long term.
This course will provide you with the knowledge to source and effectively represent the various stakeholders involved in your future transactions.
This in-depth course will cover:
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![]() Michael Anderson |
Michael Anderson is the founder, co-owner and principal broker of RealSource. Founded in 1989, the core competency of RealSource is its econometric research and modeling.
RealSource has utilized that research to help its more than 5,000 entrepreneur real estate investor clients find investment opportunities in emerging markets throughout the United States.
RealSource provides its clients and the real estate industry with crucial market forecasting information and how it will likely affect future valuations used in determining capitalization, disposition and acquisition strategies. This process of research-driven transactions has established RealSource as one of the key market makers in the national real estate industry today. Through the use of that business model, RealSource has referred out more than $1.3 billion in completed real estate transactions over the past five years. Michael has served on both national and local CCIM boards. His most recent board participation has been with the Members Services Committee (nationally) and as president of the Utah CCIM Chapter. Michael attended the University of Utah, studying business, psychology and fine arts. He has served on many economic development and national real estate advisory boards and panels. He has been in the real estate business since 1972; his career originated in the family business of land subdividing, shopping center development, home construction and sales. In 1987, Mr. Anderson became a principal and principal broker for Real Asset Management, a high-end commercial asset manager for the Resolution Trust Corporation (RTC). After the disposition of all managed assets for the RTC, Michael formed RealSource with the founding concept of providing entrepreneurial investors with the market knowledge and data to help determine which markets were likely to recover first and provide the right connections and conditions within those markets to finance, acquire and manage their real estate asset purchases. Today, RealSource is involved in real estate brokering through its national referral business, tenant in common (TIC) sponsorship with more than 7,000 apartment units under participating ownership and asset management, a commercial finance group that provided more than $400 million in debt financing between 2003 through 2008 and real estate insurance services. Recently, RealSource and its investor clients have made its first investment in post-2007 distressed real estate notes. This investment was made in the Kingston group as a limited partner, becoming one of its primary investors in the one $1.2 billion Arkansas National Bank loan pool auctioned by the FDIC in early 2009. RealSource is currently advising and helping Kingston management construct and manage marketing tools and systems for that portfolio. RealSource is a corporate contributor and sponsor for many events, including a $10,000 donation in 2007 to the CCIM Hurricane Katrina relief fund, as well as other community and national fund-raising events such as the MS Society's annual bicycling fund-raiser, sponsoring a team where RealSource and its employees raised $5,217 in 2008 for the cause. Close |
![]() Peter Mosca |
Peter L. Mosca is president and founder of BAK Communications, Inc. His principal consulting focuses are public speaking and media relations development and content delivery
and management. Peter is the host of the Voice America Network's weekly radio program, "Income Property Investment Talk," which is an online radio program that reaches about
25,000 listeners each month, featuring powerhouse experts from commercial and residential real estate.
He also writes a weekly column for RealtyTimes.com and serves as a featured blogger at REIClub.com. Peter serves a variety of nonprofit organizations, including the CCIM Institute and the REALTOR® Association on all three levels — national, state and local. He is the spokesperson trainer for the CCIM's prestigious Jay Levine Academy, as well as trains hundreds of REALTOR® leaders each year. Peter is a certified REBAC instructor and has been an annual speaker at National Association of REALTORS® (NAR) and CCIM annual conferences. He is consistently ranked as "excellent" by about 90% of those who attend his presentations, whether it be at a NAR Annual Conference or CCIM Institute Convention. Peter began his business career writing for several New Jersey newspapers, cultivating his interviewing and reporting skills. From there, he joined Treasury Communications, an east coast consulting firm. He was later employed by the New York State Society of CPAs and the New Jersey Association of REALTORS®, where he earned NAR Certificates of Scholastic Achievement. Peter has also received numerous national and statewide awards for his work, including the American Society of Association Executives Advance America Award, National Association of REALTORS® Publications Excellence Award, Four New Jersey Society of Association Executives Gold Crown Communiqu?? Awards, and a New Jersey Ad Club Honors Certificate. Close |