The CAR Blog
Knowledge Happens Here
Posted on
December 11, 2014
Englewood, COLO. – (Dec. 11, 2014) The Colorado Association of REALTORS® (CAR) has contributed $5,465 to the Wounded Warrior Project®. The funds were collected from the Association’s membership during its recent state convention, featuring a keynote speech by former Navy SEAL and Lone Survivor Marcus Luttrell.
Luttrell’s experiences, chronicled in the book “Lone Survivor” and featured in the movie of the...
Posted on
December 10, 2014
The Colorado Association of REALTORS (CAR) is pleased to announce that Scott Peterson has been hired as General Counsel for the organization. Peterson, a long-term CAR member, is an experienced legal and real estate professional with an extensive background as both a real estate attorney and commercial REALTOR.
“I am thrilled to accept this position with CAR and look forward to...
Posted on
December 9, 2014
Mortgage giants Fannie Mae and Freddie Mac have launched a program called Home Possible Advantage, a conventional mortgage with 3 percent down-payment requirement designed for low-and moderate-income borrowers. The program is expected to expand credit for qualified home buyers who may have been priced out of the market due to higher down-payment requirements.
Home Possible Advantage is a conforming conventional mortgage...
Posted on
December 8, 2014
The Colorado Association of REALTORS is holding an open house reception on Colorado Gives Day tomorrow Tuesday, December 9th from 3:00pm - 6:00pm at 309 Inverness Way South. Please Join CARHOF for this Day of Giving and visit with CAR staff. Colorado Gives Day is an initiative to increase philanthropy in Colorado through online giving. Colorado Gives Day has taken place during a 24-hour...
Posted on
December 5, 2014
On Dec. 3, 2014, the House of Representatives passed H.R. 5771, the Tax Increase Prevention Act of 2014, by a strong bipartisan vote of 378-46. The Senate has not yet acted on the tax extenders, but is expected to do so the week of Dec. 8. Please visit the Mortgage Debt Cancellation Relief page on realtor.org for any developments in...
Posted on
November 26, 2014
Real estate professionals talk a lot about the unique spirit of cooperation in their business, but extending it to their competitors and associates in the brick-and-mortar world would really put their money where their mouths are. Sam DeBord, a state director for Washington REALTORS®, suggests every real estate office across the country should promote an open-door policy that would allow real estate agents with other companies...
Posted on
November 17, 2014
Posted in NAR Annual Conference and Expo, YPN Events, YPN News, by Graham Woodon November 9, 2014
YPNers cut a rug at Generations Hall in New Orleans on Friday night during the announcement of the Networks of the Year.
It seemed more than fitting that the rising young stars of real estate joined some of their older, more-experienced brethren at Generations Hall in New Orleans on...
Posted on
November 13, 2014
Tell Congress: Don’t Tax “Phantom Income” on Short Sales.
Congress has begun its “Lame Duck” session with a big list of unfinished business items. Number one on that list for REALTORS® is an extension of “The Mortgage Forgiveness Tax Relief Act.”
This bipartisan legislation would extend an expired provision that has helped millions of distressed American families by allowing tax relief for homeowners...
Posted on
November 13, 2014
The NAR Board of Directors approved the following policy statement on unmanned aerial vehicles:
The National Association of REALTORS® advises members that the use of unmanned aerial vehicles for real estate marketing is currently prohibited by the Federal Aviation Administration. Such prohibited use of unmanned aerial vehicles may lead to the assessment of substantial fines and penalties.
The National Association of REALTORS® supports efforts to create...
Posted on
November 12, 2014
We all know insurance is important. There’s a reason we have coverage on our health, homes and lives. We understand why brokers in Colorado are required to carry errors and omissions (E&O) insurance. The total paid claims against REALTORS® in Colorado annually is well into the millions of dollars. This includes all fees and legal expenses incurred defending claims.
So if...
