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Capitol Connection: February 17, 2014

Pre-Registration for REALTOR® Day closes February 7th Don't miss the 2014 REALTOR® Day at the Capitol on Wednesday, February 26th at the McNichols Building and the State Capitol. Based on feedback received from local leadership, we have completely revamped this event and are very excited for you to attend.  We are offering Capitol Tours and Meetings with Legislators as part of...

REALTOR® Day at the Capitol: Wednesday, February 26th

Don't miss the 2014 REALTOR® Day at the Capitol on Wednesday, February 26 at the McNichols Building and the State Capitol. Based on feedback received from local leadership, we have completely revamped this event and are very excited for you to attend.  We are offering Capitol Tours and Meetings with Legislators as part of the selections to help craft an...

Capitol Connection – January 10, 2014

The 69th General Assembly Kicks Off in 2014 The second session of the 69th General Assembly began this past Wednesday.  House Speaker Mark Ferrandino, House Minority Leader Brian DelGrosso, Senate President Morgan Carroll, and Senate Minority Leader Bill Cadman all mentioned, in part, the heartbreaking events that took place in our state in 2013, and how, in all instances, people came...

Denver REALTOR® Receives Recognition from NAR

January 08, 2014   Business News (PRLEAP.COM) Association of Realtors® Good Neighbor Society Volunteering Works Award at the National Association of Realtors® convention in San Francisco. The Volunteering Works recipients were selected based on their dedication to the community through volunteer work and the potential for their charitable work to be expanded or improved with the help of an expert mentor. Joan Rogliano...

Mortgage Cancellation Tax Relief Expires

The Mortgage Cancellation Tax Relief expired December 31, 2013. Without an extension from Congress, homeowners who have had any amount of mortgage forgiven by a lender through either a foreclosure or short sale will be forced to pay a "phantom income tax" on any amount that was forgiven. It is CAR and NAR's position that homeowners should not be subject to...

CAR Legal Hotline Expanding Monday Hours

NEW Extended Monday Hours beginning January 6, 2014. As CAR works to expand popular services and benefits to members, we are happy to announce that the CAR Legal Hotline will have extended hours on Mondays beginning on January 6, 2014. The hotline will be open on Mondays from 9:00 am until noon and 1:00 p.m. until 4:00 p.m. The hours will...

Xcel Energy Policy Change

Colorado REALTORS(R)  may be accustomed to calling Xcel Energy to obtain average energy data for properties they will be listing. Because of the growing sensitivity around privacy and security issues, beginning Feb. 1, 2014, Xcel Energy will no longer provide this information to anyone other than the person who pays the energy bill for the property.   You may contact the seller...

Realtor.com® Concludes AgentMatch Pilot

After a brief pilot phase in two test markets (including Boulder, Colorado) with AgentMatch, Realtor.com® is pulling the plug, citing a faulty algorithm to “match” consumers with REALTORS®. A computer cannot find the best REALTOR® for someone, just like a computer cannot place an accurate value on a home. Read the whole statement from Realtor.com® President Errol Samuelson below:     December 12, 2013 Letter from Realtor.com® President...

Fed Moves to Simplify Mortgage Loan Process

New rules take effect in 2015. The Consumer Financial Protection Bureau has enacted a new rule that will require the banking industry to provide consumers with easy-to-understand loan information; and remove old, monotonous provisions that complicate the home buying process and confuse buyers. The most significant change makes it a requirement for originators to provide easy access to basic information such as...

Call for Action: Flood Insurance Issues Could Sink Sales

Legislation is being considered to delay changes to the National Flood Insurance Program. Please Take Action today and tell your Member of Congress and Senators that NAR supports the “Homeowner Flood Insurance Affordability Act.” Send Message »   The Problem: Congress provided a 5-year reauthorization of the National Flood Insurance Program (NFIP), but severe implementation problems threaten to undermine real estate transactions where flood insurance...