(NAR) — WASHINGTON (May 22, 2012) – Existing-home sales rose in April and remain above a year ago, while home prices continued to rise, according to the National Association of Realtors®. The improvements in sales and prices were broad based across all regions. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and…
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BofA has announced changes in their short sale process. If you have a short sale in progress you must make sure that certain documents be uploaded to their Equator® platform by midnight April 13, 2012. If you have not uploaded these docs you may need to upload all docs again or the file may be…
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FOR REAL ESTATE PROFESSIONALS Helping your Clients avoid Foreclosures with a Short Sale Wednesday, October 12th, 2011. 10AM-1PM Real estate professionals are invited to participate in a repeating 60-minute information session all about short sales. Participants will hear from Treasury officials, servicer representatives, Freddie Mac, Fannie Mae, and Arizona’s housing finance agency about the…
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One of the many advantages of being part of the NAR family is the opportunity to work with other NAR departments to create member benefits for REALTORS®. Earlier this year, RPR began discussing the potential of leveraging RPR’s relationships in the lending industry to add value to a new BPOR Resource Certification program being designed…
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As Bank of America continues to enhance the short sale process, real estate agents will notice changes when initiating a transaction in Equator, beginning March 11. What Is Changing: New fields will be required when initiating short sales in Equator. Agents should be prepared to provide the following information regarding the loan and the homeowner’s…
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Be sure to read this article from housingwire.com. Servicers are moving toward a proactive approach in pursuing short sales as an alternative to foreclosure, servicers on a Mortgage Bankers Association panel said Wednesday. A component and specialty servicer, meanwhile, predicted that short sales could increase 50% industrywide this year. Buffalo, N.Y.-based AMS Servicing told HousingWire that the projected increase…
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The Arizona “Short Sale Seller Advisory” now has detailed information and links on HAFA Short Sales. As one of the important options for distressed homeowners, HAFA (the Home Affordable Foreclosure Alternatives program), must be discussed with sellers. It can provide a more dignified exit for sellers faced with a short sale. click here to read…
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Right Tools, Right Now initiative has been extended only through 2010. NAR members can continue to take advantage of hundreds of NAR products and resources that can help their business now for FREE or AT-COST until the end of this year. There are over 300 products that are available for cost, minimal cost or FREE. …
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New rules go into effect April 22, 2010! Lead paint poisoning affects over one million children today. Adverse health effects include learning disabilities, behavioral problems, and speech delays. If not done in a lead-safe manner, renovations and repair activities that disturb lead-based paint can expose children, as well as adults, to harmful levels of lead…
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Dean Martin, Arizona State Treasurer will be presenting a three hour program to Tucson’s real estate agents on Tuesday, May 5, 2009 from 1pm to 4pm at Hogan School of Real Estate’s Northwest Campus. The Honorable Dean Martin will be presenting: the budgetary process within the Arizona legislature, his role as Treasurer, state…
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