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“Dealing with Distressed Sales: Strategies and Opportunities for Buyers and Sellers” Members-Only Breakfast Seminar

February 26, 2009 - 7:30AM
to 9:00AM

University of Southern Maine
Abromson Community Education Center, Rooms 109 & 110
88 Bedford Street
Portland, ME

About the Event:

Online registration for this event is now closed. Please contact MEREDA at 874-0801 for more details.

With the current real estate market greatly affected by distress in the credit and consumer markets, more and more sellers are experiencing situations where options are limited and timing is short. Pressure from lenders, lackluster buyer motivation and limited availability to credit hinders dealmaker options. As real estate professionals, fiduciaries and consumers, what do we need to know to survive and prosper in this market?

Our panelists will provide an overview of the current market environment and issues, talk about the foreclosure process, timing and procedures and what you should know when dealing with buyers or sellers involved in foreclosure. Topics to include: Civil, Criminal, Priority issues, Title issues, Bankruptcy issues, Deficiencies/Debt forgiveness. Panelists will also speak about Accelerated Marketing – when time is the highest priority, how do you maximize dollars with limited time? Lastly our panelists will speak about opportunities: as investors, brokers, developers and real estate industry professionals, where and how are we going to prosper in 2009? Topics to include: REO, Short sales, Auctions, Note sales, Bankruptcy, Deed in lieu.

Panelists Include:
Paul Peck, an attorney with Drummond & Drummond in Portland,
Thomas Saturley, President of Tranzon Auction Properties, and
Michael Carey, an Auctioneer, Associate Broker, and the National Account Coordinator at Tranzon Auction Properties.

Registration Fees:

Register On or Before February 19, 2009:
MEREDA Member: $40.00 pp
After February 19, 2009: Member: $50.00 pp

Please Note: Payment is expected at the time of registration. No refunds will be granted to anyone who registers, but fails to attend or who cancels after February 19, 2009.

News About This Event:

01/16/2009   MEREDA Hosts Members-Only Breakfast Seminar   Release
Materials Related To This Event:

“Dealing with Distressed Sales: Strategies and Opportunities for Buyers and Sellers” Flyer   Flyer
“Dealing with Distressed Sales: Strategies and Opportunities for Buyers and Sellers” Handout   Handout


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