Rockford Area Realtors
May/2011

realconnection
ToppageYour Internal News Broadcast
Amended Contracts
As a result of the new License Law re-write, the listing contracts have been amended to include some minor format change in the last paragraph. Although, this is minor, you must cease the use of any contract that does not reflect this format change. The contracts on the MLS have been updated to reflect this change.  

Rockford Area Realtors Business Luncheon

Tuesday, May 24th

Forest Hills Country Club 

Guest Speakers:

Alan Zais, Director, Winnebago County Housing Authority

John Cressman, Director, Rockford Housing Authority

Attend this business luncheon to better understand the role of the local housing authorities and how their services are significant to realtors.

 

Register Here 


RHA     WCha


Rockford City
City of Rockford Water Bill Scam
Posted: Apr 29, 2011 11:06 AM CDT Updated: Apr 29, 2011 11:06 AM CDT

The City of Rockford Water Division says someone is calling customers trying to steal people's credit card information.

The caller claims the customer's bill is delinquent and asks for their credit card information to avoid their service being cut off.

 

The Water Division says it never contacts customers for payment by phone.


Proficiency Testing 
30% of the members have completed their proficiency requirements. However, there are still a lot of questions regarding license renewal. The Rockford Area Realtors have developed a Top 10 Frequently Asked Questions

list for your convenience.


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Nationwide Open House Weekend

June 4-5

 

Join realtors across the country in participating in the nation's largest open house campaign on Saturday, June 4th and Sunday, June 5th. The Rockford Area Realtors has a limited supply of realtor balloons, available at the local Association for your use at your Open Houses.  

Read more.  

 

Customer Brochure 

       NOH-2011 

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New FHA Mortgage Insurance Premiums


The higher FHA annual mortgage insurance premiums are now in effect. The 25 basis point increase applies to case numbers assigned on or after April 18, 2011.

 
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What is all the Talk About QRM?


With all of the talk lately about proposed rules defining a

Qualified Residential Mortgage (QRM), NAR has created a website on the topic. Federal legislation requires lenders to take on more risk on mortgages, but NAR opposes current proposals which could mean higher downpayments and credit criteria, making it harder for consumers to get financing.

 
 


 
IN THIS ISSUE
Amended Contract
Business Luncheon
Water Bill Scam
Proficiency Testing
Nationwide Open House
New FHA Mortgage..
What is QRM
COMMITTEE MEETINGS 
Committee Meetings

May 10
Governmental Affairs
1:00pm
 
May 12
Affordable/Fair Housing
9:30am

May 18
Education 1:00pm
MLS 2:30pm

May 19
Board of Directors

May 25
C&I 3:00pm

May 26
RPAC 2:00pm

UPCOMING EVENTS
REO Seminar
1:00-2:00pm

Agent Proficiency Class
Monday, May 16
9:00am-3:00pm

WCR Business Luncheon
Thursday, May 19
12:00-1:00pm

Association Business Luncheon
Tuesday, May 24
12:00-1:00pm

National Open House Weekend
June 4&5

Economic Update & Luncheon
Thursday, May 23


QUICK LINKS
April 20th IAR Legal Webinar
License Law & MARS
  
Find us on Facebook


NAR

IAR

LOCAL LEADERSHIP

STAFF DIRECTORY

PUBLICATION ARCHIVES
Rockford Area Realtors
6776 E. State Street
Rockford, IL 61106
(815)395-6776
www.rockfordarearealtors.org
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