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The difficult financial times have dramatically increased the number of foreclosures which property owners are facing. An alternative to a short sale or foreclosure to be considered by property owners is the possibility of deeding the encumbered property back to the lender--giving the lender a "deed in lieu of foreclosure." REALTORS® need a basic understanding of this process to effectively assist their clients in these circumstances.
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MRMLS is pleased to announce Realist ValueMap is now available to our brokers and agents as part of their regular dues. You are the expert—Customers should come to you instead of less accurate real estate websites. With Realist ValueMap clients can get automated estimates of the value of their property, but for a more exact quote they will need to contact their agent.
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MRMLS is addressing a challenge that is prevalent in our entire industry – data security. MRMLS made it possible for you to access the MLS system from any computer with Internet connectivity to increase your ability to communicate with clients. However, this convenient method opens our valuable MLS data to misuse and theft.
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This week, President Bush signed into law the Housing and Economic Recovery Act of 2008. This sweeping legislation primarily seeks to protect homeowners from foreclosure, stop declining home prices, and stabilize the mortgage industry. Major provisions of the new law affecting the real estate practice are as follows:
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The next time you're in the post office, ask the postal clerk for an envelope to recycle your cell phones, PDAs, MP3 players, ink jet cartridges, digital cameras, and small electronics. The post office provides this free service.
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Each year, your Citrus Valley Association of REALTORS® may select up to 20 C.V.A.R. members to serve on the California Association of REALTORS® Board of Directors. If you are interested in serving as a 2009 C.A.R. Director on behalf of the Citrus Valley Association AND you meet the criteria below, please CLICK HERE to download the application. Once completed, please submit to the association office no later than FRIDAY, AUGUST 22, 2008.
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REALTORS® be aware that a Florida based phone center is placing listings above the non-profit Consumer Credit Counseling Service information. They are doing this with listings in which the buyer is required to attend some type of credit counseling.
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This morning President Bush signed the "Housing and Economic Recovery Act of 2008." For the past several years, C.A.R. and the NATIONAL ASSOCIATION OF REALTORS® have aggressively lobbied for Congress to pass numerous provisions found in this historic bill. Many of you participated in these efforts by communicating with your Members of Congress.
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The Citrus Valley Association of REALTORS® along with the Communications & Community Relations Committee hosted our second successful New Member Mixer on 7/17!
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First-time home buyers in Los Angeles and San Bernardino Counties are now eligible for a special financing program designed to help them purchase foreclosed homes in communities hard hit by foreclosure.
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Please help spread the word out to your commercial/professional gardeners/landscapers! South Coast AQMD is announcing a leaf blower exchange program through which professional gardeners/landscapers can trade in their old (but operational) backpack leaf blower to get a new Stihl BR 500 leaf blower for only $200.
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Q. How many active Auto Emails can I have?
A. At any one time, you can have up to 250 Saved Searches that are activated to send Auto Emails to clients.
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Blu-ray discs hold five times more content than traditional compact discs and are composed of 50 percent paper, allowing them to be shredded, and making them easier to dispose of than traditional compact discs.
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Thank you again to all who participated in the Supra Key Exchange and replaced your DisplayKEY with the new ActiveKEY.
If you have not yet exchanged your DisplayKEY, you will need to come into the association office NO LATER THAN FRIDAY, JULY 18TH BY 5:00 P.M. to get your new ActiveKEY. After this date, all DisplayKEY access will be SHUT OFF.
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Senate Passes Housing Bill- The U.S. Senate voted Friday 63 – 5 to pass H.R. 3221, the Housing Stimulus Package. Included in the bill is language to permanently increase the Fannie Mae, Freddie Mac, and FHA loan limits to $625,500 for high-cost areas. Negotiations are still ongoing between the Senate and the House on different aspects of the bill, and the debate over a final loan limit cap for high-cost areas is perhaps the most contentious.
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