Spotlight
What You Need to Know About Single Premium Mortgage Insurance
What You Need to Know About Single Premium Mortgage Insurance By Mickey Lynam (NMLS 974623), First Horizon, Member of CCAR’s REALTOR®/Lender Committee What is Mortgage Insurance? Typically, borrowers making a down payment of less than 20% of the purchase price of the home will need to purchase mortgage insurance. This insurance policy protects the…
Read MoreInvestor Beware: What REALTORS® and Investors Need to Know
Investor Beware: What REALTORS® and Investors Need to Know By Amy Karns, Property Manager at A Plus Management, Real Estate Broker, and Member of CCAR’s Property Management Committee The DFW area continues to be a hot market for investors. While this is exciting news for most REALTORS®, there are a couple of areas to…
Read MorePeace, Love, and Security
Peace, Love, and Security By Brenda Franks, Business Development Manager of Big D Key, LLC and member of CCAR’s Affiliate Committee In these crazy times, we all could use some peace of mind. Uncertainty is part of life, but lately its taken a more active role for most of us. It’s hard to know what…
Read MoreWorking with HOAs Regarding SB 1588: Proactive and Practical Experience
Working with HOAs Regarding SB 1588: Proactive and Practical Experience By Jonathan Roberts at SilverTop Property Management and Member of CCAR’s Property Management Committee The CCAR January Property Management Committee meeting focused on Texas Senate Bill 1588. The 2021 Texas 87th Legislative Session closed with new bills that significantly affect property owners associations (POAs/HOAs) governed…
Read More2021 President’s Report from Ron Leach
2021 President’s Report from Ron Leach So many things have happened during my presidency this year. Please bear with me, as I highlight items that I feel you would most like to hear about. One of the largest accomplishments this year was ensuring that REALTORS® were still able to conduct business during the COVID-19 lockdown.…
Read MoreWho Can Perform Property Management Services
Who Can Perform Property Management Services By Lee Warren, Prospect Inspectors, Inc., Professional Inspector License #8411 and member of CCAR’s Property Management Committee One of the most common complaints submitted to the Texas Real Estate Commission (TREC) is in relation to property management. TREC requires that license holders must be competent in the field in…
Read MoreChanges to National Flood Insurance Program will Have Significant Impact on Real Estate Industry
Changes to National Flood Insurance Program will Have Significant Impact on Real Estate Industry By Ronald Hodges, REALTOR®, Member of CCAR’s REALTOR®/Lender Committee Key Changes FEMA-NFIP Effective Oct. 1, 2021, the Federal Emergency Management Agency (FEMA) made significant changes to the National Flood Insurance Program (NFIP) factoring into insurance pricing modeling more elements that…
Read MoreHow Important is a Home Warranty?
How Important is a Home Warranty? By Julie Altemus, Super Account Executive and member of CCAR’s Affiliate Committee Given the competitive seller’s market we find ourselves in, home buyers may choose to forgo traditional practices during the home buying process. They may be willing to risk paying over appraisal, opt-out of a home inspection, and…
Read MoreNew Regulatory Rule Limits Investment Property and Second Home Mortgages
New Regulatory Rule Limits Investment Property and Second Home Mortgages By Mickey Lynam (NMLS 974623), IBERIABANK Mortgage, Member of CCAR’s REALTOR®/Lender Committee The Federal Housing Finance Agency (FHFA) which regulates Fannie Mae and Freddie Mac, the two largest purchasers of mortgage loans from mortgage originators, has placed a tighter cap on the number of investment…
Read MoreWhat You Need to Know About Clear Cooperation and Coming Soon Status with Kinski Moss
What You Need to Know About Clear Cooperation and Coming Soon Status with Kinski Moss On June 24, 2021, Kinski Moss, Texas REALTORS® Director of Board Services, joined CCAR’s virtual Broker/Manager and Independent Broker Network (IBN) event to provide a clear understanding of how to avoid Clear Cooperation fines. Kinski’s presentation answered the question, “Why…
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