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Oct. 16 CVAR At A Glance

October 16, 2017

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Featured Classes and Event

  • Two Lunch & Learn classes this week.

    Oct. 16 | CRMLS Training CVAR West – Free!

  • Oct. 17 | Clean Up Client’s Credit Lunch & Learn – East
  • Oct. 17 | Marketing Strategies Lunch & Learn
  • Oct. 19 | Reverse Mortgage – East – REGISTRATION FULL
  • Oct 19 | 5th Annual Casino Night
  • Oct. 24 | Eviction Process – Live Stream East & West
  • Nov. 15 | Real Estate FORWARD
     

    Click for more classes and events


Fund Helps REALTOR® Fire Victims

If you have been impacted by the California fires or know someone in the REALTOR® family who has, C.A.R.’s Disaster Relief Fund is available to assist. There’s also a way to donate to the fund. READ MORE


Refinancing Scams Target Military

The federal government is investigating a number of predatory lending schemes targeting thousands of veterans who have Veterans Administration mortgages. Officials say the scams aim to convince borrowers to repeatedly refinance, ultimately paying more on their loans.
READ MORE


Crowdfunding an Option for Down

What sounds better, giving the happy couple a $200 toaster oven, or chipping in for a down payment on their house? More hopeful buyers, including newlyweds, are turning to crowdfunding because they can’t save enough for a down payment on their own. READ MORE

 


Client Tip:  9 Rules Agents Wish Sellers Knew

Most agents dread having to have that awkward conversation with a seller. Realtor.com® shares the top wish list that agents want their clients to consider when selling a home:
1. Your home decor isn’t always perfect for selling. Clutter can make a home feel cramped. READ MORE


Wells Fargo to Refund Mortgage Fees

Wells Fargo CEO Tim Sloan revealed plans to refund mortgage fees to borrowers, at a hearing before the U.S. Senate Committee on Banking, Housing and Urban Affairs, following the bank’s massive fake account scandal last year. READ MORE


FEMA Help – Fire victims can apply for tax relief, FEMA grants, and loans.
Credit Scores – Equifax, Experian and TransUnion have made a change that could raise about 200,000 consumers’ credit scores. Check out the NCAP initiative.
Refinancing Down – Applications have now plunged 40% compared to a year ago, says the Mortgage Bankers Association.
Mortgage Rate
 – Average 30-year fixed-rate mortgage rose to 4.12%, up from 4.11% the first week of October. (MBA)


Real Estate FORWARD
Micro-Conference & EXPO

               HUD’s Nancy West; Carol Quan, Special Assistant to the Assessor, and C.A.R. Senior Economist Jason Levine are among the prominent speakers slated for the inaugural Real Estate FORWARD Micro-Conference & Expo, 8:30-11:30 a.m. on Wednesday, Nov. 15, 2017, at the California Country Club, 1509 S. Workman Mill Road, Whittier. Also, hear from a Top Producers panel and a legal update.  Admission is FREE! Watch for more details.

 


 Third Quarter Market Reports


In Case You Missed It….


Governor Signs Bills to Cut Red Tape, Lower Construction Costs

 

See an overview of the laws Gov. Jerry Brown signed with the intent to help ease the housing affordability crisis. He says the bills will provide new funding for low-income housing development, lower the cost of construction, fast-track building, and restrict the ability of cities and counties to block new development.READ MORE


Client Tip: Make Small Space Look Larger 

Professional home stagers offer tips on how to show off square footage, even when space is tight.READ MORE


Jeff Mowatt

Jeff Mowatt

5 Tips: What Sets You Apart

In today’s hyper-competitive marketplace where your service is increasingly the only thing setting you apart from the competition, author Jeff Mowatt offers 5 Strategies to help you stand out. READ MORE

 

Filed Under: At A Glance, California News, CVAR News, Education & Events, Government Affairs, Industry News, National News, Pro Tips Tagged With: client tip, Crowdfunding down payment, CVAR at a Glance, HomeFundMe, industry news, Real Estate FORWARD, Refinance Scam, Scam Targets Military

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