Colorado Closings

Real Estate License Course Details

This course covers the basic skills necessary to properly close a real estate transaction, including responsibilities from the contract through and after the closing, plus accounting for all funds received and disbursed, as well as a comprehensive review of the legal documents prepared by the broker.

Learning Objectives

By the end of this course, you will be able to:

  • Define the broker's responsibility in a closing
  • Prepare a settlement sheet
  • List the necessary elements in a 6-column worksheet
  • State the differences between VA and FHA allowable borrower expenses
  • Complete a closing worksheet

Topics Covered

  1. Broker's Responsibility in Closing
  2. Settlement Worksheets
  3. Preparing the 6-Column Settlement Worksheet
  4. VA & FHA
  5. Closing Examples
  6. Required Closings