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New C.A.R. Forms Released The Week Of 11/22/10

Dave Tanner

The only forms required to be used in place of the old version of the forms are the new TDS and MHTDS forms which must be used for all transactions closing after January 1, 2011. The reason this [...]

Distressed Properties course coming this month to Sacramento! Enroll Today!

The CALIFORNIA ASSOCIATION OF REALTORS® and the Sacramento Association of REALTORS® present

Distressed Properties

(Short Sales, Foreclosures, And Lender REO’s)

Increase Your Knowledge on Distressed Properties and Provide Your Clients with Qualified Professional Help

This course provides you with valuable information on Distressed Properties, including:

  • The procedures used in the sale and disposition of distressed properties.
  • An agent’s responsibilities in potential business opportunities with sellers, buyers, and lenders.
  • Information on how to provide assistance to “short sale” sellers and work with lenders who have foreclosure property, also know as Real-Estate-Owned (REO).
  • An overview of the tax/credit impact of REO sales.

This course is Department of Real Estate (DRE) accredited for 4 hours of Continuing Education (CE) in Consumer Protection.

Continue reading: Distressed Properties course coming this month to Sacramento! Enroll Today!

Fannie Mae makes an appearance at the Real Estate Finance Forum

It has been nearly four years since a representative from Fannie Mae has visited SAR’s Real Estate Finance Forum. Collette Porter a Senior Account Manager for the Northern California region visited from Pasadena to highlight some of the ways Fannie Mae is supporting the current market. Responding to the level of REO properties on the market, Fannie Mae has launched the website www.HomePath.com as a search portal for REO properties. And in response to the recent federal Making Home Affordable Program, Fannie Mae has the website www.fanniemae.com/loanlookup so that individual property owners can determine if Fannie Mae owns the loan for a particular address.

Continue reading: Fannie Mae makes an appearance at the Real Estate Finance Forum