NAR at a Glance
For further information, please visit NAR's Leadership Summit page.
For Association Executives/Staff.
Please visit NAR's AE page for further information.
Please visit NAR's website for further information.
Please visit http://www.realtor.org/midyear.nsf/ for further details.
For more information, go to http://www.realtor.org/events.
May 12-17, 2014
REALTOR® Party Convention & Trade Expo
Formerly called the Midyear Legislative Meetings & Trade Expo, the convention features top-name speakers, meetings with lawmakers and their staff on Capitol Hill, sessions on advancing real estate at the local, state, and federal levels, and a full-sized trade expo with hundreds of vendors. The new name reflects the success REALTORS® have had as bipartisan advocates for healthy real estate markets and thriving communities.
If you sell a home owned by Freddie Mac, you can earn an extra $1,000 above your commission — from now (February 18) through April 15. And if you represent someone who buys one, you can earn an extra $500.
“HomeSteps” is Freddie Mac’s REO division, and the government-sponsored enterprise is offering the incentives to try to clear some of its inventory in certain states, including Virginia, according to a released statement. (They’re also available in some neighboring states, including Kentucky, North Carolina, and Tennessee.)
The short sale is an important tool for helping distressed homeowners avoid foreclosure and eliminate their mortgage debt, however they can still be a bit of a mystery for borrowers. There are misconceptions and there are little-known facts.
Freddie Mac senior vice president Tracy Mooney has a detailed blog post dispelling some of the more common myths about short sales.
Among other things, she explains why “Even if you are current on your mortgage payments, you may be eligible for a short sale” and “If you meet the other eligibility requirements, you may be able to obtain a Freddie Mac short sale even though you have a second mortgage.”
FROM: NAR Government Affairs
RE: Mortgage Cancellation Tax Relief