Posts by growthzone
TREC Contract Changes to 40-8 and 49-1 Requires Adjustments to Lender/REALTOR® Workflow
TREC Contract Changes to 40-8 and 49-1 Requires Adjustments to Lender/REALTOR® Workflow By Dawn Ferreiro – Supreme Lending, NMLS #514152 and member of CCAR REALTOR®/Lender Committee TREC made several changes to the 1-4 Residential Single Family Contract in November of 2018. This article specifically addresses changes made to the “Third Party Financing Addendum (40-8)” article…
Read MoreWarning: Data Breaches Can (and Will) Happen to You
Warning: Data Breaches Can (and Will) Happen to You Warning: Data breaches can (and will) happen to you. However, there are steps you can take to reduce your risk of being hacked. “The last thing agents want to do is notify their buyers and sellers that they were victims of a data breach. Too many…
Read MoreWhat is FIRPTA?
What is FIRPTA? By Diane Donley, Republic Title North Coit, Member of CCAR’s Affiliate Committee FIRPTA (The Foreign Investment In Real Property Tax Act of 1980) is a tax law that may impose a tax on certain defined “foreign persons” selling U.S. real estate. It is important to determine as early in the transaction as…
Read MoreCCAR Plano Headquarters will Become a Pet Paradise September 7
CCAR Plano Headquarters will Become a Pet Paradise September 7 Tails are wagging and excitement is building as the 2nd Annual Pet Expo nears, and it’s easy to see why when you look at the vendor list. On Saturday, September 7, from 10 a.m.-2 p.m. the CCAR Plano Headquarter’s parking lot will be transformed into…
Read MoreA Favorable County Paired with Favorable Lending Promotes Homes Sales in July 2019
A Favorable County Paired with Favorable Lending Promotes Homes Sales in July 2019 PLANO, Texas — The Collin County Association of Realtors (CCAR) reports that, despite June 2019’s fizzle, home sellers listed their homes and found amicable buyers at an increasing rate in July 2019. July 2019 had 1.6% more new listings, 6.2% more listings…
Read MoreHow Low Can You Go? The Lowest Down Payment Required for a Conventional Loan
How Low Can You Go? The Lowest Down Payment Required for a Conventional Loan By Wendell Cox, Creative Credit Solutions, Member of CCAR’s REALTOR®/Lender Committee What is the lowest percentage of down payment possible on a conventional loan? If you responded “20%” – you are with the majority. You are also incorrect. The lowest down…
Read MoreOn August 8, Your Fellow VIP CCAR Members Will be Locked Up at Cell Block: CCAR
On August 8, Your Fellow VIP CCAR Members Will be Locked Up at Cell Block: CCAR We all know Texas REALTORS® will do crazy things to support TREPAC… Exhibit A …and CCAR members are no different. On August 8, your fellow VIP CCAR members are being Locked Up at Cell Block: CCAR, and can’t leave until you…
Read MoreAre You a Revenue and Expense Type Person?
Are You a Revenue and Expense Type Person? *Updated Oct. 9, 2019 to reflect positions currently accepting applications. If so, apply before October 16 to serve on the CCAR Budget and Finance Committee for a term of Jan. 1, 2020-Dec. 31, 2021. The mission of the Budget and Finance Committee is to oversee the financial…
Read MoreA Social Media Survival Guide for REALTORS®
A Social Media Survival Guide for REALTORS® Social media is challenging. However, with 1 billion users monthly, social media is a tool you can’t afford to ignore–and we have your survival guide. Read, review, print-off, and post predominately this one-page resource with the basics you need to know. CCAR Social Media InfoGraphic Categories CCAR Events CCAR News…
Read MoreJune Bucks the Real Estate Market Trends of 2019
June Bucks the Real Estate Market Trends of 2019 The Collin County Association of Realtors (CCAR) reports that June brought many of 2019’s upward trends to a halt, while still delivering the highest median sales price ever reported by the CCAR Pulse. Throughout 2019, sellers have listed their homes at a growing rate, increasing 43%…
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