HARP Refinance Program Expanded

Borrowers who are current on their home loans may be able to refinance for lower interest rates, even if they are seriously upside down.  The Federal Housing Finance Agency (FHFA) recently announced that it will broaden the scope of the Home Affordable Refinance...

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Charity Bowling Tournament Raises $1600

Thanks to all who participated in our Annual Charity Bowling Tournament.  We raised over $1600 dollars for the Tahoe Sierra Board of Realtors Foundation for Charitable Activities.  A great big thank you goes out to our Tournament Sponsor – Jeaninne Gallant, Bankers...

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Scams Target REALTORS, Homeowners and Sellers

IMPORTANT! Please be aware, the following scams are going on in our area: Renting on behalf of the owner or posing as the owner - The scam artist claims to be helping someone else rent the property.  They might be sick, or overseas, or just too busy to do it...

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New California REALTOR® Laws for 2012

Now that the first half of the 2011-12 legislative session is over, significant new laws have emerged that may affect REALTORS® and their clients.  Below are some of the new laws involving disclosures, licensing, small claims court, landlord-tenant, and other areas of...

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Regarding Short Sales pending bank approval

As soon as an offer is accepted by the seller on an Active listing with the sub status of Short Sale, according to TSMLS rule 10.1, you must report the listing as Active Contingent.  Active Contingent is a sub class of Active, and meets the bank’s request to leave the...

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Proper Use of REALTOR Online

Use on the Internet When surfing the Web for real estate homepages, it's quite common to come across sites belonging to REALTORS®. If you are looking to add your own electronic presence on the Internet, it is easy to get caught up in designing your own web page and...

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Brokers: Be Vigilant About Your Trust Fund Accounts!

Fiscal Year 2010-2011 was a busy year for DRE auditors. DRE auditors conducted 683 audits in the fiscal year ending 6/30/11 and found trust fund shortages totaling $10,736,771.13. These shortages were found almost exclusively on audits of brokers involved in property...

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