Description

Elective for license Renewal.

Free for DCAR Members.

Instructor: Katheryn DeClerck

CE Credit Hours 3.0

Buyers want and deserve to know the taxes on a property, plus if everything on the property is “legal” before they buy it. In fact, underestimated taxes can create an unpleasant large financial surprise that could kill a deal. As a listing agent you have a responsibility to report accurate information on a listing. Buyer’s agents should also help verify for their client. In this course we will dissect the roles and responsibilities of the assessor and building department and how they are separate and interrelated. After this course you will be able to walk into the municipal building with confidence knowing what to expect and what questions to ask to ultimately help prevent problems that will affect your client.

Learning Outcomes/Objectives:

Upon completion, participants will be able to:

-State the role of the assessor and building inspector and what processes each use in the execution of their separate roles.

-Describe how taxes are calculated, impacted by changes to the home, when they are paid and how they affect escrow and closing costs.

-Describe the life cycle of a transaction and when these issues should be addressed.

-Identify the ways to avoid assessment and compliance issues for your seller or buyer client.

-State the techniques that will create smooth interactions with both the assessor and building department