The Colorado Association of REALTORS® (CAR)is donating $25,000 with a goal of raising an additional $25,000 to help victims of Colorado’s recent floods. These funds will serve as seed money for our request of $500,000 from the National Association of REALTORS® Relief Foundation. As a reminder, financial assistance would go to qualified Colorado REALTORS® and members of the public in affected...
The Department of Regulatory Agencies (DORA) is waiving license fees of those impacted by natural disasters including wind, fire, or water to name a few. “The last thing we want our licensees to worry about when they are evacuated or trying to rebuild their lives is paying a transfer fee so that they can continue working," said Marcia Waters, Division...
NAR shows once again its political power of persuasion in the real estate industry. The latest triumph is HUD reporting yesterday afternoon to NAR they will reissue the July Mortgagee Letter and remove all dual agency language (Part Three of the PFS Participation Requirements) that was to be implemented October 1, 2013. NAR will continue discussions with HUD agency officials...
The Colorado Association of REALTORS® is in the process of finalizing its plans that will give us the best opportunity to help victims of the Colorado floods. The plans will provide two separate ways to help affected REALTORS® individually and affected communities through non-profit housing organizations. Through NAR’s REALTORS® Relief Foundation CAR is seeking funds to help provide direct support to...
President Mike Bader presents a check for $10,000 to Elevations Credit Union CEO Gerry Agnes. Elevations Foundation will match BARA's Donation dollar for dollar and all funds collected through September 30, 2013, up to $100,000. All funds will go to fund temporary housing to those displaced by the recent flooding disaster. Pictured below: BARA President Mike Bader and Elevations Credit Union CEO Gerry Agnes. ...
Self-directed IRAs (SDIRAs) are appealing to investors for several reasons, among them to diversify retirement funds, adapt to economic conditions and invest in assets they know and, in some cases, control. However, there is an opportunity for enhanced returns on IRA real estate investing that is not known to many SDIRA holders. Many investors are using their SDIRAs to purchase real...
Colorado Association of Realtors® Chair Elect Jolon Ruch Installs 2013 Officers at Montrose Association of Realtors® Banquet Description: Montrose Association of Realtors® holds Installation Banquet. President Professor Paul Schultz Montrose Association of Realtors® and President Elect Jolon Ruch Colorado Association of Realtors®. Montrose, CO September 5, 2013 – On Thursday evening the Montrose Association of Realtors® held their annual installation of officers at the...
The National Association of REALTORS® President calls the New Qualified Residential Mortgage (QRM) rule a “victory for all homebuyers and the future of homeownership in the country!” This new rule gives creditworthy consumers access to safe and affordable loan products while also protecting them from dishonest lending practices. The following is a statement by the National Association of REALTORS® President Gary Thomas about...
On Wednesday, July 24 NAR's Board of Directors approved recommendations to help realtor.com® compete head-to-head with third-party listing aggregators. Some fear realtor.com changes will dilute REALTOR® brand, standards. As a result of the vote, the operating agreement with RealSelect will change in three fundamental ways: Amending the restriction that says Move may display only listings that have been sourced from REALTOR®-owned and controlled MLSs or...
The U.S. Department of Homeland Security's Federal Emergency Management Agency announced that federal disaster aid has been made available to the State of Colorado to supplement state and local recovery efforts in the area affected by the Black Forest Wildfire during the period of June 11-21, 2013. Federal funding is available for Crisis Counseling and Disaster Unemployment Assistance for affected...