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Your Internal News Broadcast                                        July 1, 2010

MLS   PUBLICATION ARCHIVES     STAFF         LEADERSHIP       IAR         NAR

CONTENTS OF THIS ISSUE
 
UPCOMING EVENTS
 
 
July 16
 
 
golf
July 19
Annual Golf Outing
11:30am- 9:00pm
 
July 28
September 7
Annual Business Program & Installation Reception
 
September 27-30
IAR Annual Convention
St. Charles, IL
 
 
COMMITTEE MEETINGS
 
Communication
July 12
12:00 pm
 
BOD 
July 15
3:00 pm
 
 
ASSOCIATION CLOSED
 JULY 5

Happy 4th of July
IAR LEGAL WEBCAST 
Sample Office Policy Manual and Proposed Emergency Rules of the Real Estate License Act

golfGOLF OLYMPICS

Monday, July 19 
Forest Hills Country Club
moneysmartweek 
Enjoy a relaxing day of golf with one of your business associates or maybe even a friend at one of the finest country clubs in the area. What other golf outing offers you lunch, golf, cart, drinks, treats, buffet dinner and prizes all for $115. Golf reservations need to be in no later than Friday, July 9th. Not a golfer...just come for dinner.  
 
Extensions EXTENSIONS APPROVED 

On June 30th, Congress passed an extension of the closing deadline for those using the Homebuyer Tax Credit.(H.R. 5623) The extension applies only to transactions that have ratified contracts in place as of April 30th, 2010. The new closing date will be September 30th, 2010.
 
In addition, the Senate passed the National Flood Insurance Program Extension Act of 2010 (H.R. 5569), an extension of the National Flood Insurance Program until September 30, 2010. This will allow transactions to move forward. The bill is retroactive and covers the lapse period from June 1, 2010, to the date of enactment of the extension.
 
For more information on both extensions, visit www.realtor.org/governmental_affairs  
 
 
taxTax Strategies for the Real Estate Professional 
Friday, July 16
10:00am - 12:00pm 

Turn tax dollars into your dollars! Maine Shafer, Bradford and Company, will be presenting a complimentary two hour session that will help you strategically plan for your next tax season. Remember, your accountant is only as good as the person providing him the data. 
 
Register   
 
marketingFREE CONSUMER MARKETING CONTENT
 
Take advantage of hundreds of real estate related, informative articles for your customers by adding the new customizable HouseLogic Widget to your website. Articles can be downloaded for use in your newsletters.    
fbiFBI MAJOR CRACKDOWN 
 
The FBI has set up 23 fraud task forces around the country to facilitate a major crackdown on mortgage fraud scams. In today's market, more distressed homeowners are falling victim to loan modification scams. Share this NeighborWorks America site with consumers on how to avoid falling for the scams.
 
facebook  SAVING FACE ON FACEBOOK 
    

Do you have questions about the new privacy settings for Facebook. Get the answers by reading the IARbuzz post.  
epa EPA DELAYS LEAD-BASED PAINT ENFORCEMENT 
 
New lead-based paint rules regarding renovations and repairs went into effect in April, but with renovators having difficulties getting the required certification training, the U.S. EPA has delayed enforcement until October of 2010.
 
 
Top of Page
 
fannie FANNIE MAE INCREASES PENALTIES FOR DEFAULTERS 
 
Fannie Mae will increase penalties against borrowers who walk away from their mortgage when they have the ability to pay or haven't completed a workout alternative in good faith. Those defaulters will be ineligible for a Fannie Mae-backed loan for seven years.   
 
 
military REMEMBER-MEMBERS OF MILITARY CAN USE TAX CREDIT UNTIL APRIL 30TH, 2011 

Qualifying members of the military, Foreign Service and intelligence community who are serving extended duty outside of the United States have until April 30th, 2011 to use the homebuyer tax credit. 
 
Consumer Flyer
 
The Rockford Area Realtors is a regionally based professional Association, whose members are governed by the National Association of REALTORS Code of Ethics, dedicated to fulfilling the member needs by providing public advocacy, technology, education, and knowledge to enhance performance.
 

The REALTOR Connection is e-mailed to members of the Rockford Area REALTORS®, featuring industry news, legal Q&A and association resources intended strictly for Association members. To change your e-mail address, send an e-mail or call us. We respect your right to privacy. The Rockford Area Realtors does not give your e-mail address to third parties.

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