Dodd-Frank on Seller Financing – Owner Carry
LikeNAR has published the Consumer Finance Protection Bureau’s final rule on Dodd-Frank’s seller finance requirements. Click here. Seller Financers—3-Property Exclusion This exclusion applies to “persons” as defined broadly under TILA to include not only “natural” persons but also a wide range of organizations such as corporations, partnerships, proprietorships, estates, and trusts. To be excluded from [...]
ADA Permitted Service Animals
Like What is a Permistted Service Animal? The law now allows only dogs… To Access the entire ADA Law: http://www.militaryhomefront.dod.mil/12038/Project%20Documents/MilitaryHOMEFRONT/Troops%20and%20Families/Special%20Needs%20EFMP/Service_Dog_Law_Change_2011.pdf The change is to recognize dogs only as service animals. March 15, 2011 No birds, cats, monkeys, snakes, etc. The Sedona Chamber of Commerce retained the Flagstaff Law Firm of Aspey, Watkins, Diesel to outline [...]
Pioneer Title AZ Gives Cost Estimator
LikePIONEER TITLE AZ gives REALTORS(R) and licensees tools for calculating closing costs! Fees Ways to Hold Title in AZ When to use a 3-Day Cure Notice with the 2011 AAR Purchase Agreement Calculating days under the 2011 AAR Purchase Agreement (calendar days) Comparing Title Policies It’s important to understand the way real estate is conducted [...]
Dodd-Frank and Qualified Mortgages
Like Qualified Mortgages CONSUMER FINANCIAL PROTECTION BUREAU SEEKS FURTHER COMMENT ON ABILITY-TO-REPAY MORTGAGE RULE MAY 31 2012 Consumer Financial Protection Bureau seeks further comment on Ability-to-Repay mortgage rule Bureau Asks Public to Weigh in on New Data and Information WASHINGTON, D.C. — Today the Consumer Financial Protection Bureau (CFPB) announced that it is [...]
Zillow Adds Agent Websites
Like…starting at $10/month Websites for real estate agents! Yes, $10/month! http://zillow.mediaroom.com/index.php?s=159&item=280 As many of you know, most REALTORS(R) are annoyed with REALTOR.com and feel that it has lost its importance and its zest with the public. Yes, the public still uses REALTOR.com, but the once out-and-out, first place real estate site continues to lose viewers. [...]
Negotiation and Mediation
Like Over the years we have seen REALTORS® use the marketing phrase “I will negotiate for you!” and acquire negotiation expertise certifications from various entities. How does this translate for your client? Do you attend the presentation of the offer? Do you allow the “other” agent to attend the presentation? The NAR Model MLS Policy [...]
Arizona’s Dual Agency
Sedona Properties for Sale: Arizona’s Common Law Agency, and Dual Agency. How does it work? Is my agent the salesperson I know or the designated broker for the brokerage? If I list with a salesperson with X Company and another salesperson with X Company brings in the buyer, what does it mean? Dual Agency = Limited Agency. Kathy Howe aka SedonaKathy how2arizona real estate LLC Uptown Sedona
TITLE INSURANCE
Arizona Residential Real Estate Title Policies cover many things like permits, encroachment, zoning, and subdivision laws. Title companies are now including deductibles for coverage and limiting their exposure. Kathy Howe aka SedonaKathy, how2educate LLC, how2arizona real estate LLC, Title Insurance, Sedona real estate agents, Uptown, West Sedona, Cottonwood, Jerome, Verde Valley
NAR’S NEW POLITICAL PARTY – COMMENTS
NAR’s Political Party Survival Initiative. REALTORS will have to pay $40/yr (a 50% increase in dues) mandated to be spent on the Political Party. Jay Thompson opines. Rob Hahn opines. REALTORS need to let NAR know what they think. Kathy Howe aka SedonaKathy, how2educate LLC, how2arizona real estate LLC, how2realty referrals LLC,
