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Undisclosed payments in short sale transactions, especially those paid outside of escrow, may violate the law, including RESPA, laws against loan fraud, and licensing laws. Short sale agents have increasingly reported to C.A.R. about requests for agents and their clients to pay junior lienholders and others, oftentimes outside of escrow.
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When MRMLS launched the SafeMLS token security program in 2008, they made a promise to our membership that they would continue to explore new and less intrusive ways of making sure your data was as secure as possible. MRMLS and CVAR feel that the rollout of their new security program, SCOUT for SAFEMLS on March 24th accomplishes giving you both ease of use and the highest levels of security.
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The Citrus Valley Association would like to welcome our newest REALTOR® Brokers and REALTOR® Agents to the CVAR family.
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REALTORS® Breakfast Forum
Date: March 26, 2010
Time: 8:30am-10:00am
Cost: $10.00
Location: San Dimas Canyon Golf Club
2100 Terrebonne Avenue
San Dimas, CA 91773
Guest Speaker: The Honorable John Noguez, Assistant Assessor Los Angeles County
Guest Emcee: Steve Lambert, Editor & Publisher of San Gabriel Valley Newsgroup
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Date: April 8, 2010
Time: 5:30 pm - 8:30 pm
Ticket Cost - $30.00
Location: 2525 E. Wildwood Canyon Dr.
Glendora, California 91740
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Each year, your Citrus Valley Association of REALTORS® appoints up to 20 REALTOR® member representatives to attend the C.A.R. Business Meetings three times a year. The purpose is for these representatives to bring back valuable information to the CVAR membership. The following are committee reports from the recent C.A.R. Business Meetings in Indian Wells:
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Imagine for a moment, that CALIFORNIA ASSOCIATION OF REALTORS® did not have a Government Affairs Team or the REALTOR® Action Fund…the threats listed below could have affected the way you do business!
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Member Legal Services has published a revised legal article, Proposition 90 Watch (March 1, 2010). It is available on Legal's What's New, the Legal Articles pages, and the 2010 Q&As page on C.A.R. Online. This Legal Q&A provides a list of those counties which have and have not adopted a Proposition 90 ordinance.
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Congratulations to those of you who have registered zipForm® 6 or WINForms® as part of your C.A.R. member benefit. During the renewal period (3/1/10-3/31/10), all WINForms® users must upgrade to zipForm® 6. Beginning April 1, access to WINForms® will be terminated.
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The REALTOR Benefits® Program is your member benefits program.
NAR has partnered with industry leaders to provide you with value-added offers and significant savings on products and services you use on a daily basis.
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To know which new online courses are coming and when, check-out the 'Upcoming Courses' section at REALTOR® University.
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CVAR members and affiliates can, now, have your own affordable TV commercial . . . in your service area. You can use your people and your clients . . . in your commercial.
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Attention REALTOR® members! Please be reminded that statements for the 2010 Annual Dues and 1st Quarter MLS Fees were emailed and are now PAST DUE. Payment was due by January 11, 2010. Any past due accounts have now been applied late fees.
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Member Legal Services has published five disclosure charts for 2010. Please take a look at each one to get the latest information that CAR has posted.
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One of the concerns a consumer has after experiencing a bankruptcy, foreclosure, or short sale (referred to as a "preforeclosure sale" by Fannie Mae) is the ability to obtain credit to purchase another home. Fannie Mae has updated its credit guidelines. This legal article summarizes those guidelines in Part I.
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