CVAR’s COVID-19 Resources REALTORS®: Updates & Guidelines What’s Happening at CVAR under COVID-19 restrictions 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). Online Classes April 12 | CRMLS Training – Matrix Searching 101 April […]
No Foreclosures Until 2022?
(Orange County Register/SCNG) The Consumer Financial Protection Bureau proposed a new rule last Monday requiring mortgage servicers to delay foreclosure proceedings on principal residences until after Dec. 31. The proposed rule would affect all servicing lenders, not just Fannie, Freddie, FHA and VA servicers that fell under the original CARES Act forbearance mandates. The CFPB […]
Arrests in Real Estate 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 and collected money from multiple would-be buyers for each home. Adolfo Schoneke, 43, of Torrance, and Bianca Gonzalez, 38, along with co-conspirators operated real […]
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. But don’t despair…. There are more than 200 real estate billionaires across the globe, including California’s commercial real estate tycoon Donald Bren, who’s our country’s wealthiest with a net worth […]
6 Tips to Reduce Your Taxes
If a taxpayer can manage their Adjusted Gross Income (AGI) in 2021 to stay below $150,000 (or $75,000, if single), the tax savings related to even small reductions in AGI can be incredible. Here are just a few options for reducing AGI: Maximize contributions to a Section 401(k) plan, reducing wage income. Employees can contribute […]
The New Normal for Real Estate
Trulia co-founder Pete Flint warned the Inman Connect digital audience recently to get ready for a new way of doing business—even after the pandemic and its restrictions elapse. “I think one of the questions we’re all asking ourselves is when are we going to go back to normal?” he told Inman founder Brad Inman, who […]
3D-Printed Neighborhood in CA
The desert landscape of California’s Coachella Valley will soon be home to the first US neighborhood comprised entirely of 3D-printed houses. Through a partnership between two California companies – Palari, a sustainable real estate development group, and Mighty Buildings, a construction technology company – a five acre parcel of land in Rancho Mirage will be […]
Moratorium Extended to June 30
The Centers for Disease Control (CDC) announced that it is extending its nationwide eviction moratorium through June 30, 2021 (matching the California moratorium, already in place until June 30. See more details in CVAR Connect). The order was put into place Sept. 4, 2020, but has been challenged in court across numerous states and localities in […]