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...
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...
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...
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...
The Colorado Association of REALTORS® (CAR) installed its 2013-2014 Leadership Council during the organization’s 93nd annual State Convention held in Denver this week. Jolon Ruch, a broker with the Main Street Group at Keller Williams Realty, was installed as CAR president. A long time resident of Broomfield, Ruch has been involved in the real estate business for more than 25 years...
On September 16, 2013, the Colorado Office of Emergency Management released its initial estimate of the number of homes damaged by the recent flooding. Officials estimate that the flooding damaged 17,494 homes and destroyed another 1,502 homes. The damage will undoubtedly affect potential home sales and, it will be critical that consumers and their REALTORS® understand the complexities and legal...
As Colorado is in the midst of experiencing one of the worst floods since 1976 it is important for Colorado REALTORS® to stay updated on the National Flood Insurance Program and the changes in the federal subsidy of flood insurance. Those changes will result in increases in the premiums charged for flood insurance coverage. That means that a buyer who...
The Colorado Association of REALTORS® (CAR) together with four of its local metro REALTOR® associations- Aurora, Denver Metro, Douglas Elbert, South Metro Denver and RE/MAX Professionals are a $25,000 sponsor for the Habitat for Humanity of Metro Denver- Jimmy and Rosalynn Carter Work Project (JRCWP). Scheduled for Oct. 6 - 12, 2013 in Denver, the Work Project will include the completion...
An end of an era! Laurie Janik, the National Association of REALTORS’ (NAR) chief legal champion, is retiring November 30, 2013. She has been a fixture at CAR events (especially the Legal Panel at the CAR Convention) since 1987 and remains very popular nationally and in Colorado because of her dedication, amazing real estate legal knowledge and for being a...
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...