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Fall 2021 Semester Courses

RE CE II/WI Offers to Purchase

Course Description

Course 2: Wisconsin Offers to Purchase. Reviews use of the WB-11 Residential Offer to Purchase. Discusses using the financing, closing of the buyer’s property and secondary offer contingencies. Covers “as-is” sales and what they mean for the buyer and the licensee. Examines pre- and post-closing occupancy agreements. Provides instruction on fees that can affect the transaction such as the transfer fee, homeowner’s association fees and condominium fees. Reviews closing documents after. TILA-RESPA Integrated Disclosure (TRID). Examines the disclosure requirements when the buyer is a licensee. Topics also include safety, scams and the insurability of a property.

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