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CVAR E-News
Notice of Default and Investor-Buyer Transactions: Home Equity Sales Contracts (HESC) eNews

A general understanding of the Home Equity Sales Contracts Law (California Civil Code Sections 1695 through 1695.17, referred to as HESC below) is essential for any real estate professional who handles sales of residential properties.  This law applies only if ALL four of the following conditions are met:

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Governor Pushes to Permanently Raise FHA Loan Limits eNews
Governor Arnold Schwarzenegger sent a letter to key Congressional leaders urging the permanent increase of federal loan limits, which can help reduce home foreclosures and give more Californians the opportunity to experience homeownership.   Read More...

2008 New Laws Passed by the California Legislature Affecting REALTORS® Part III eNews

Homesteads

SB 433* Automatic Homestead- Under existing law, homeowners are protected for a certain amount of equity in their residence by a declared homestead, or the “residential exemption” (also known as the automatic homestead). 
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CVAR REALTOR® Store Featured Item eNews
Your First Year in Real Estate: Making the Transition from Total Novice to Successful Professional.  Classic Insight into Building a Fabulous Career in Real Estate Welcome to the world of real estate sales! Now, control your destiny. A career in real estate offers endless opportunities, the freedom of flexible hours, and the potential to earn fabulous amounts of money.   Read More...

CVAR Member News
CVAR recognizes members who have achieved milestones in their career, and who have made lasting impressions in their community.   Read More...

CDOM Now Active in MRMLS Matrix eNews
As of March 20, 2008, MRMLS turned on the Cumulative Days on Market (CDOM) counter. CDOM tracks the total days a property has been on the market without a sale. CDOM counts the total days on market for each time a property   Read More...

Foreclosure and REO Sales Disclosure Chart (for Residential 1-4 Unit Properties) eNews
With the recent resurgence of foreclosures and sales of REO properties--those properties that lenders sell after foreclosing on them--this chart is designed to provide REALTORS® and their clients with an easy-to-use reference guide for determining the general applicability of the law to these types of sales transactions for residential 1-4 unit properties.   Read More...

Renewing WINForms eNews
Congratulations to those of you who have registered or renewed WINForms Online® and WINForms® Desktop as part of your C.A.R. member benefit in 2008.  As a C.A.R. member, you are entitled to receive WINForms® Desktop at no charge for another year.    Read More...

C.A.R. Standard Forms Release eNews
Twice a year, the C.A.R. Standard Forms Advisory Committee proposes new C.A.R. Standard Forms and revisions to existing C.A.R. Standard Forms.  Drafts of the new and revised forms along with a summary of changes are available for your final review and comment at C.A.R. Online at: http://www.car.org/index.php?id=MzgzNjQ   Read More...

Doris' REALTOR® Store Featured Item eNews
Dress Your House for Success: 5 Fast, Easy Steps to Selling Your House, Apartment, or Condo for the Highest Possible Price! For the three million people who move each year, Dress Your House for Success will almost guarantee a sale for thousands of dollars over the price of a comparable house. Now, for the first time, everyone will have access to marketing consultant Martha Webb's effective five-step plan. 20 line drawings. 192 pp.   

Talking Points eNews
The number of households in foreclosure who lost their home soared in 2007 to about 405,000 households. For the year, total filings—which include default notices, auction sale notices and bank repossessions—grew 75 percent, according to RealtyTrac, an online seller of foreclosure properties.   Read More...

REALTOR® S.W.A.T. How to Survive a Down Market eNews
Here’s your chance to learn how to work short sales and foreclosures, plus earn DRE-approved CE credits. C.A.R. staff and leadership will hit the road and present day-long events in conjunction with local associations of REALTORS®:   Read More...

C.A.R. To Hold First Home Buyer Fair For Consumers eNews
C.A.R., in participation with the Los Angeles Times, will present the Southern California Home Buyer’s Fair Saturday, April 12, and Sunday, April 13 at the Los Angeles Convention Center in downtown Los Angeles.   Read More...

iMRMLS i-Date Auto Sell and BPOs eNews
If you need previous sales data for your Broker Price Option (BPO) report, MRMLS Matrix gives you the choice to include or exclude properties that have been Auto Sold.  What is Auto Sold?  Read More...   

2008 New Laws Affecting REALTORS® Part II eNews
Contractors
AB 243* Disciplinary Actions Against Contractors- Under current law, contractors licensed under the Contractors’ State License Law are subject to discipline by the Contractors’ State License Board. The provisions provide for certain timeframes for the Board to take disciplinary actions:
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