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By Dawn Crawford
Posted on: Mar 26th 2014
Replies: 0
Revised Seller Financing Addendums The Arizona Association of REALTORS® (AAR) is continually monitoring changes within the industry that affect our members, especially when it comes to the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act). Earlier this year, AAR removed its Assumption/Carryback Addendum from the AAR forms library and replaced it with four new forms that enabled members to better comply with the seller-financing restrictions... Read More
 
By Dawn Crawford
Posted on: Mar 21st 2014
Replies: 0
February Existing-Home Sales Remain Subdued Media Contact: Walter Molony / 202-383-1177 / Email WASHINGTON (March 20, 2014) – Home prices continued to show solid growth in most of the country due to limited inventory conditions, but rising prices and severe winter weather caused existing-home sales to slip in February, according to the National Association of Realtors®. Total existing-home sales1, which are completed transactions that include single-family homes,... Read More
 
By Dawn Crawford
Posted on: Mar 13th 2014
Replies: 0
FROM: NAR Government Affairs RE: National Flood Insurance Program DATE: March 13, 2014 Earlier today, March 13, 2014, the United States Senate voted 72-22 to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370). The Senate acted quickly to pass the bill as amended by the House to avoid the need for a conference committee to reconcile any differences. The new bill further reins in and holds the Federal Emergency Management Agency (FEMA) accountable for the... Read More
 
By Dawn Crawford
Posted on: Mar 10th 2014
Replies: 0
House Passes Flood Insurance With Amendments By Austin Perez March 5, 2014 On March 4, 2014, the House voted 306-91 to approve the Homeowner Flood Insurance Affordability Act (H.R. 3370) with amendments. The House amendments further rein in and hold the Federal Emergency Management Agency (FEMA) accountable for the Biggert-Waters implementation issues. As passed, the bill would repeal FEMA’s authority to increase premium rates at time of sale or new flood... Read More
 
By Dawn Crawford
Posted on: Mar 7th 2014
Replies: 0
AAR Introduces Four New Forms to Assist With Dodd-Frank Act Compliance. By Scott M. Drucker, Esq., General Counsel, Arizona Association of REALTORS® / January 2014 In January, provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the Dodd-Frank Act) that impose new restrictions upon seller-financed transactions. When required by applicable state or federal law, these provisions mandate that a loan originator for a consumer credit transaction,... Read More
 
By Dawn Crawford
Posted on: Mar 7th 2014
Replies: 0
REALTOR® Magazine’s 2014 Good Neighbor Awards Open for Nominations WASHINGTON (February 18, 2014) – Realtors® have a long-standing tradition of aiding those in need, and many volunteer their time and energy to improving the lives of others in communities throughout the world. The National Association of Realtors® recognizes those Realtors® who demonstrate exceptional service through REALTOR® Magazine’s Good Neighbor Awards, which is... Read More
 
By Dawn Crawford
Posted on: Mar 3rd 2014
Replies: 0
Acacia District Update for February 13, 2014 Peoria Police Department Warns Residents About Cell Phone Scam A new scam is costing cell phone users a lot of money and thieves only have to call you once to make you a victim. The scammers call a cell phone number and only let it ring once so it appears that the victim did not get to it in time. The victim sees a missed call from an unknown number, but never gets a voicemail. Scammers hope curiosity will lead the victim to call... Read More
 
By Dawn Crawford
Posted on: Feb 28th 2014
Replies: 0
FROM: NAR Government Affairs RE: Tax Reform Proposal DATE: 28 February 2014 Earlier this week, House of Representatives Ways and Means Committee Chairman Dave Camp (R-MI) released his long-awaited plan to reform the federal tax system. NAR president Steve Brown expressed the association’s strong opposition and extreme disappointment in a statement released shortly after the proposal was unveiled. To read the full statement, use this link: ... Read More
 
By Carrie Godlove
Posted on: Nov 27th 2013
Replies: 1
We at WeMAR extend our deepest condolences to the family and friends of Marilyn Holley. Marilyn was a long-time REALTOR®, having gotten her Arizona Real Estate license in 1980, and the positive impact she had on the REALTOR® community will not be soon forgotten. In particular, she was an active participant in fundraising for the WeMAR C.A.R.E.S. fund, helping to organize the annual fundraiser Sparkling Nights. Her commitment didn’t end behind the scenes, though.... Read More
 
By Dawn Crawford
Posted on: Nov 21st 2013
Replies: 0
NAR Issues Flood Insurance Call for Action NAR yesterday issued a Call for Action in support of legislation delaying the phase-out of federal flood insurance premium subsidies for owners of some types of properties. The "Homeowner Flood Insurance Affordability Act," H.R. 3370 in the House and S. 1610 in the Senate, would give the Federal Emergency Management Agency time to resolve problems associated with changes in federal flood insurance premiums and undertake a... Read More
 
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