The Consumer Federation of America has voiced concerns regarding the California Association of Realtors new forms. In wanting to always provide our students with the most updated information, we have continued to forward their articles to you. I believe it’s valuable for you to be aware of discussions and opinions from both sides, even when […]
Tag Archives | Real Estate
CONSUMER FEDERATION OF AMERICA REPORT
The Consumer Federation of America has voiced concerns regarding the California Association of Realtors new forms. In wanting to always provide our students with the most updated information, we have continued to forward their articles to you. I believe it’s valuable for you to be aware of discussions and opinions from both sides, even when […]
NEW DRE FEES AS OF JULY 1, 2024
Effective July 1, 2024, many of the California Department of Real Estate examinee, licensee, subdivider, and statutory/pre-license course provider fees are increasing.
CALIFORNIA LEGISLATURE CREATES
“REDEMPTION RIGHT” FOR TRUSTEE
SALES OF RESIDENTIAL PROPERTIES
FORECLOSURE UPDATE: SB 1079. On September 28, 2020, Senate Bill 1079 was signed into law. It granted a right of redemption or first refusal to purchase a foreclosed residential property to tenants, buyers intending to use the property as their residence, local governments, and other eligible buyers. It caused all one-unit to four-unit family dwellings […]
Nuances On Getting a Real Estate Broker’s License
The general rule is that you must complete eight college courses to qualify to take the Brokers exam. Most recent Salespersons have completed three of these, and specific courses taken in College apply regardless of when completed.
DRE.CA.GOV:
DRE.CA.GOV: There are the obvious articles and regulations, but it is the extra items that are interesting. You can look up a licensee’s history (how long, any sanctions), research publications you can use in your business, find out which Education Companies have been discontinued. Also, I would like to recommend one form that very few […]
PROS AND CONS OF AN IMPOUND ACCOUNT
Peter Boutell: Columnist – Santa Ana Sentinel; Owner: Santa Cruz Home Finance, Santa Cruz; DGS MLO Student Impound Accounts Impound accounts are sometimes referred to as “escrow” accounts and refer to the funds that are held on the borrower’s behalf as a part of the lender’s service. A borrower is said to have an impound […]
Let’s Talk About The Costs Of Getting Different Licenses With Duane Gomer Education: Quick, Easy, Cheap And Installment Payments Available
Why Are You Waiting? New Real Estate Salesperson: 3 Courses to Qualify with books $229.00 Test Prep Online if purchased with bundle $ 65.00 Test Prep LIVE if purchased […]
DRE COMPLIANCE GOALS – FOR BROKERS
By Summer Goralik: Former DRE Investigator, Lecturer, Author; Real Estate Compliance Consultant; Ethics Student Fundamentals of Broker Supervision In an effort to stay true to my own goals this year, I am writing a follow-up piece to my recent post on “DRE Compliance Goals”. That post, which you can read by clicking here, https://www.expertdrecompliance.com/blog/dre-compliance-goals […]
WHY IS MORTGAGE INSURANCE A GOOD THING?
Dennis Smith: Author, Chef, Financier; Co-Owner/Broker at Stratis Financial, Huntington Beach; MLO Student Question of the Week Why is mortgage insurance a good thing? Answer Last week in the Weekly Rate & Mortgage Update we discussed if home buyers should wait until they have 20% for down payment before purchasing (you can read the WR&MU, […]