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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…

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What 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…

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CCAR 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…

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How 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…

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Are 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…

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A 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…

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It’s Time to Own Your Hustle

It’s Time to Own Your Hustle Do you have a retirement plan? Can you imagine living beyond closing-to-closing? Are you ready to transition your business from surviving to thriving? A panel of experts will be ready to help provide you tools to do just that on Thursday, August 1; 1-5 p.m. at the CCAR Headquarters…

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Apply Now: TREPAC Trustee Applications Accepted through July 31

Apply Now: TREPAC Trustee Applications Accepted through July 31 Texas REALTORS® is looking for a TREPAC Trustee to serve our region beginning January 1, 2020. If you would like to be a nominated candidate to serve as TREPAC Trustee and go through the interview appointment process, please review the following criteria, as well as the…

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