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Opendoor Officially Going Public

September 28, 2020

Opendoor, the well-funded iBuying startup, is officially set to go public after merging with Social Capital Hedosophia Holdings Corp. II, a special purpose acquisition company (SPAC), it was announced Sept. 15. The transaction gives Opendoor an enterprise value of $4.8 billion. “We founded Opendoor to make it simple and instant to buy and sell a […]

Filed Under: CVAR Connect Tagged With: COVID-19, iBuyer, Opendoor, SPAC

Supra Features Done Remotely

August 24, 2020

Supra now offers an expanded suite of new and existing services designed to further support operating in our current climate. Now, eKEY® installations can be done remotely, and real estate organizations can upgrade traditional hardware keys to the eKEY app without agents having to physically come into the office. Agents can now  receive their eKEY authorization […]

Filed Under: CVAR Connect, Technology Tagged With: COVID-19, eKEY, in-person contact, keybox, minimum contact, Pandemic, Supra

New COVID Concern: Digital Real Estate Scams

June 29, 2020

The con is older than the internet–but all the more powerful in a real estate industry locked down by a pandemic and increasingly dependent on cyber-transactions. The digital scam nearly upended a deal just hours before closing. Willow Glen agent Don Sabatini led his client, a savvy, professional woman with grown children, through the months-long […]

Filed Under: CVAR Connect, Government Affairs, Industry News Tagged With: #Coronavirusandrealestate, Coronavirus, COVID-19, Criminal hack, Digital Scam, escrow, FBI, online scam, title, Wire fraud

Fannie, Freddie Announce Mortgage Deferral

May 18, 2020

Fannie Mae and Freddie Mac have announced additional relief options for homeowners struggling due to the COVID-19 pandemic.  According to announcements from the two companies last week (May 13), homeowners in forbearance can now request payment deferrals as early as July 1. This allows any missed payments to be made up at the end of […]

Filed Under: At A Glance, CVAR Connect, Government Affairs Tagged With: #Cvarmember, #FannieMae, COVID-19, cvarconnect, Fannie Mae, Freddie Mac

March 23 CVAR At A Glance

March 23, 2020

Effective Now at CVAR Citrus Valley Association of REALTORS® will conduct all business remotely until further notice, due to the threat of Coronavirus COVID-19. All meetings and classes will be free and online. READ MORE A message from our CVAR president and the CEO: Click Here   Free Online Classes    March 23 | Free Webinar on New Coronavirus […]

Filed Under: At A Glance, CVAR News, Education & Events, Government Affairs Tagged With: #CoronavirusFallout, #CVARataglance, #Cvarmember, Coronavirus, COVID-19, cvarconnect

Refinance Requests Soar With Rate Drop

March 23, 2020

Record-low mortgage rates are delivering more refinancing demand than some lenders can handle. Homeowners are rushing to refinance their mortgages thanks to big falls in interest rates prompted by fears of the spreading coronavirus. Some lenders are having trouble keeping up with the red-hot demand. Weekly refinancing applications recently hit their highest level in nearly […]

Filed Under: At A Glance, Government Affairs Tagged With: #CoronavirusFallout, Coronavirus, COVID-19, Fed cut, refinance, Wall Street Journal

REALTORS® Under COVID

March 20, 2020

The Latest • LA  Rent Assistance & Business Grants – Deadline Aug. 31 • Share Census Info with Clients  • Extensions: Eviction Moratorium Extended to Sept. 30 • SB County Business Partnership Deadline Aug. 31; Beat the Heat; Food & Supply Assistance thru Aug. 29. • Riverside County School Waivers ________ Census & Your Community: Why […]

Filed Under: At A Glance, CVAR News, Government Affairs Tagged With: #CVARPodcast, Citrus Valley REALTORS® Podcast, City Ordinances, Coronavirus, COVID-19, LA County, Open House Guide, Riverside County, San Bernardino County

Message From Our CEO, President: We’re Here for You

March 19, 2020

Dear Citrus Valley AOR Members, As concerns about COVID-19 spread throughout the country and the real estate industry, we wanted to reach out to you personally to share the steps that Citrus Valley Association is taking to support our employees and members. We are closely monitoring the news surrounding this global pandemic and we are […]

Filed Under: At A Glance, Membership Tagged With: #Cvarmember, COVID-19, Helen Moreno, Mark Epstein, membership, Message

What’s Happening at CVAR

March 18, 2020

CVAR offices will remain closed, but staff continues to be available via e-mail: memberservices@cvar.net, or phone: (909) 305-2827, during regular business hours.  Check out our  CVAR.live for replays of classes regarding new forms (include COVID protocol), and more. _______ On Thursday, Feb. 25, Attorney Georgina Lepe will discuss how COVID-19 has affected the eviction process; […]

Filed Under: At A Glance, CVAR News, Industry News, Membership Tagged With: #CVARataglance, #Cvarmember, Citrus Valley REALTORS® Podcast, Coronavirus, COVID-19, cvarconnect, N.A..R.

March 16 CVAR At A Glance

March 16, 2020

Featured Events New REvive Date TBA! Featured Classes   March 16 | CRMLS – Free – CVAR West (So. El Monte) March 25 | Social Media – Live Streamed to You! Click here for full calendar of events on CVAR.net News & Featured Articles Clean Office in Age of COVID-19 Many offices are struggling to issue policies […]

Filed Under: At A Glance, Education & Events Tagged With: #CVAReducation, #CVARmembers, Coronavirus, COVID-19, cvarconnect, Evictions, Fed cut, home office, IRS

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