by Heather | Jan 16, 2013 | TSBOR, TSMLS
The start of the new year brought more protections to California homeowners, mainly those who are trying to save their properties from being repossessed. The Homeowner Bill of Rights, signed by Gov. Jerry Brown in 2012, is a set of new laws that puts the onus on banks...
by Heather | Jan 9, 2013 | C.A.R., TSBOR, TSMLS
Talking Points … Most lenders require borrowers to pay private mortgage insurance (PMI) on mortgages in which borrowers make a down payment of less than 20 percent. PMI is designed to protect the lender in case the borrower defaults. Once a borrower has made enough...
by Heather | Jan 3, 2013 | C.A.R.
by Heather | Jan 2, 2013 | C.A.R., TSBOR, TSMLS
On Thursday, January 10th at 10a, CAR will present its next FHA webinar where attendees will learn about the benefits of working with a client with an FHA-insured mortgage. A HUD Outreach and Marketing Specialist will talk about the advantages as well as dispel common...
by Heather | Dec 26, 2012 | TSMLS
The following TSMLS rule changes will go into effect January 1, 2013: The Active Contingent status will no longer be available; all listings with the Active Contingent status must be changed to Contingent with the sub status of Short Sale. 7.28 Short Sale (Lender...
