CCAR News
Who is the 800lb Gorilla in Government Affairs?
Who is the 800lb Gorilla in Government Affairs? This article was originally published June 2019 in North DFW Real Producers Magazine The only source of light at 4:30 a.m. on March 26 was the Coit Road streetlights and the Collin County Association of Realtors (CCAR) headquarters. While the rest of the world slept, the CCAR headquarters…
Read MoreMUD, SUD, PUD, PID, TIRZ Video Resource
MUD, SUD, PUD, PID, TIRZ Video Resource Alphabet Soup: Differences between MUD, SUD, PUD, PID and What it means to you to sell inside one On July 16, 2019 MuniCap experts Lindsay Banner and Joshua Arendt discussed special Tax Districts and how they impact homeowners at CCAR’s Allen/McKinney Business Development meeting. The entire presentation is…
Read MoreWhy Attending the Texas 86th Legislative Session Review on October 3 is Worth Missing Kickoff
Why Attending the Texas 86th Legislative Session Review on October 3 is Worth Missing Kickoff We get it. Thursdays in October are for football. Even for the football adverse (), attending a Legislative Session Review rarely tops the list of desired Thursday evening activities. That is why we created an easy quiz to evaluate…
Read MoreHome Buyers Got Half of What They Wanted in August 2019
Home Buyers Got Half of What They Wanted in August 2019 The Collin County Association of Realtors (CCAR) reports that as interest rates continued to drop in August 2019, homes sales continues to rise—creating a good news/bad news situation for buyers. The bad news: Limited inventory for buyers. August 2019 had 8.5% more listings under…
Read MoreSome Markets Red Hot in Q2
Some Markets Red Hot in Q2 The CCAR Pulse, which delves into the real estate markets of 37 local communities, continues to show a healthy housing market with increased profitability and stabilizing inventory. However, Collin County’s localization of increased activity has resulted in some segments experiencing a red hot market, while other segments have begun…
Read MoreTREC 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 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…
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