This's an update of the Core Course, 2005. Liens, foreclosures and taxes is talks abou by this module. You'll find a number of sorts of liens along with some sorts of taxes which may connect to a parcel of real estate. When borrowers default on a debt, foreclosure is going to be method by which lienholders accumulate the unpaid part of a debt. Simply because liens symbolize a concern in real property, it's vital that serious phase licensees establish an exhaustive expertise in liens as well as lien related challenges. This sort of understanding likewise helps licensees to a lot better encourage sellers and buyers. The primary course offers a broad introduction to liens, clearly shows the distinction of liens as well as talks about the kinds of non tax liens. Lesson 2 talks about taxes and also tax problems, as well as ad valorem fees, real estate tax computation, exclusive assessments, real estate transfer fees, federal income taxes, capital gains taxes and also tax shelters for investors and house owners. It's likewise talks about the top priority of liens. Lesson 3 deals with the strategies of foreclosure, deficiency judgments, redemption, methods for homeowners facing foreclosure and also scams in connection with foreclosure. The judgment of this specific component produces actual dilemmas and also purposes of the info provided. As the module is completed by the pupil, he or perhaps she need to make an effort to paint a major picture of the problems that surround liens, foreclosures and taxes, that the module addresses with in depth written content queries, strategies and also case studies.