CVAR’s COVID-19 Resources
REALTORS®: Updates & Guidelines
What’s Happening at CVAR under
Latest COVID-19 Updates from C.A.R.
Citrus Valley Association of REALTORS® is conducting all business remotely. Meetings and classes presented by CVAR will be online and free of charge (see classes below).
April 12 | CRMLS Training – Matrix Searching 101
April 14 | New Member Orientation
April 15 | Estate Planning & Trusts – Paul Velasco
April 19 | CRMLS Training – Cloud Agent Suite
April 21 | Social Media Presence – John Reyes
April 27 | Legislative Day – C.A.R. Hosts Sacramento
Tuesdays | Contract College – Weekly Series
Fridays | License Renewal – Crash Course for Brokers/Agents ($85)
Click for Downpayment Tip:
Loan Officer Amanda Belin explains funding options for your clients in the video above. Watch the entire class at CVAR.Live!
What Have You Missed?
Click the videos (above and below) for short clips from our recent featured speakers, sharing their knowledge to help lead you to success! Watch the entire episodes at CVAR.Live! Also check out our CVAR YouTube channel.
1st Quarter 2021 Market Stats!
Create an instant report for clients with
the latest information for 3 counties:
Los Angeles – Riverside – San Bernardino
News & Featured Articles
8 New REALTOR® Billionaires
The good news is that eight REALTORS® made Forbes’ annual Billionaires’ List this year. The bad news is that no CVAR members were among them. However, there are now more than 200 real estate billionaires across the globe.
No Foreclosures Until 2022?
The Consumer Financial Protection Bureau (CFPB) proposed a new rule requiring mortgage servicers to delay foreclosure proceedings on principal residences until after Dec. 31.
Arrests in Listing Scam
A Southern California brother-and-sister team were arrested last week on federal charges alleging they orchestrated a $6 million real estate fraud scam in which they listed homes without the owners’ consent–including on the MLS–and collected money from multiple would-be buyers for each home.
Late Fee April 12,
Have You Renewed
Your Q2 MLS?
Before the late fee kicks in today, click to access your account
2022 CVAR BOD Applications Due April 15!
REALTOR® members are eligible to apply for a 2-year term on the Citrus Valley AOR Board of Directors, or the president-elect position. Help steer the association into the future!
Strong Recovery – The U.S. economy, boosted by quickening vaccinations and signs of rapid hiring, is headed toward a strong recovery, Federal Reserve Chair Jerome Powell said last week. But he cautioned that not all will immediately benefit. (CBS 60 Minutes)
Mortgage Rates – Mortgage interest rates dropped last week after nearly two months of upward momentum, giving some borrowers who haven’t yet done so the opportunity to refinance. The average 30-year fixed rate mortgage dropped to 3.13% for the week ending Apr. 8, 2021, 5 basis points lower than the previous week, and down from 3.33 percent last year. The 15-year fixed-rate averaged 2.42%, 3 basis points lower. The Mortgage Bankers Association reported a big 5.1% decrease in mortgage application volume from the previous week. (Freddie Mac)
Struggling Homeowners – In response to HUD’s announcement on the state of the FHA Mutual Mortgage Insurance (MMI) Fund: C.A.R. says that the FHA “plays a pivotal role in providing housing opportunities for families throughout California.” C.A.R. asks the FHA “to lower the mortgage insurance premium. Doing so will provide greater homeownership opportunities and ensure that homebuyers using FHA loans are not overpaying for their mortgages.” (C.A.R.)
Funerals/Scams – If you, your clients or neighbors have suffered a loss due to COVID, FEMA will begin accepting applications on April 12 to provide financial assistance for the funeral expenses. Also, reimbursements for funeral costs that occurred on or after Jan. 20, 2020 are available, up to $9,000 per funeral. FEMA warns that scammers are claiming to register victims for funeral services. FEMA will not contact anyone until they have called FEMA or have applied for assistance. Do not disclose information such as the name, birth date or social security number of any deceased family member to any unsolicited telephone calls or e-mails from anyone claiming to be a federal employee or from FEMA. (FEMA).
Curbside at CVAR – Order your store items by calling: (909) 305-2827. Designate the store (Glendora, South El Monte, or Rancho Cucamonga) where you’ll pick up. Call upon arrival to pick up curbside, contact-free. Please wear a mask!
Free to CVAR Members: The Latest
Trends, Topics and Tips at CVAR.Live!
Also, Subscribe to our CVAR YouTube Channel!
Follow CVAR for classes & events, industry news and happenings!
Click the images to access social media pages.
Hear from Glide trainers this Thursday, April 15, during the Keeping It Real with Kim & Kris show. Or to learn more about getting the most from the Glide member benefit, attend a free Glide webinar that covers everything you need to know to make the disclosures process easier for you and your clients: Register Here.
To see more about Glide features and for free training Click Here. To contact Glide, e-mail email@example.com.
In Case You Missed It…
CVAR President’s Message
CVAR’s 2021 President Janine Shedlock says that, as we move tier to tier, every day REALTORS® and independent contractors, “need to wake up and self motivate.”
Trulia Founder on REALTORS’® New Normal
Trulia co-founder Pete Flint warned the audience at the recent Inman Connect Zoom to get ready for a new way of doing business—even after the pandemic and its restrictions elapse. Included in the “new normal” is a transaction process that is going to be fully digitized.
6 Tips to Reduce Your Taxes
If a taxpayer can manage their Adjusted Gross Income (AGI) in 2021 to stay below $75,000 (or $150,000, if married), the tax savings related to even small reductions in AGI can be incredible.
For six tips for reducing your AGI–and your taxes….