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Make more money with these 2 courses
Broker Price Opinion Resource (BPOR-ABR): Clarion Hotel 1950 Newtown Pike Lexington, KY 40511 10am - 5pm (EST) Instructor: Sandy Huwel Early-bird rate: $99 (before Nov 23) After Nov 23 or walk-in rate: $129 Register Now (and learn more)Silver Bullet Solutions (CRS 1-Day): REALTOR® Assoc. of SKY Board Office 180 W. Professional Park Ct. Bowling Green, KY 42104 9am - 5:30pm (CST) Instructor: Michael Selvaggio Early-bird rate: $99 (before December 1) After Dec 1 or walk-in rate: $129 Register Now (and learn more)
Find out more about the education offered through 2011, click here. |
Congress fails to act on loan limits
Congress failed to extend the FHA and GSE mortgage loan limits. On Oct. 1, those limits declined in 669 counties in 42 states, including 16 counties in KY for FHA loans. The new limits will be equal to 115% of local area median home price (from 125%). The high cost cap will fall from $729,750 to $625,500. To determine your new loan limit, find your county; if your county is not listed, your limit will not change. NAR will continue to work with Congress to attempt to restore the higher limits as quickly as possible. View the county chart |
Committee Volunteers Needed
Serving on an Association committee can do many things - it allows you to be a part of the decision making process, it acquaints you with changes in the law and it involves you in educational opportunities available. Complete a volunteer form |
UAD: What's the deal on appraisals
To improve the quality and consistency of appraisal data on loans delivered to the GSEs, Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency (FHFA), have developed the Uniform Appraisal Dataset (UAD), which defines all fields required for an appraisal submission for specific appraisal forms and standardizes definitions and responses for a key subset of fields.
Read More UAD Reader
On Thursday, December 8, KREEF is holding a course to address this issue. Titled "UAD - Avoiding the Confusion," the course is approved for 3 hours law CE and will be held in Lexington. An afternoon course on environmental issues will also be held.
Register Here |
Election for NAR Region IV VP
KAR has a vacancy for Kentucky's nominee for the NAR Vice President for Region IV which includes Kentucky, Tennessee, North Carolina and South Carolina.
Interested candidates should complete the nomination form and return it to KAR by October 18, 2011 by close of business. The nomination form identifies the qualifications required by NAR. The Delegate Body will vote to fill this vacancy by written ballot. Ballots will be e-mailed to delegates on October 19, 2011 and the BOD and Delegate Body will give formal approval and ratification of the nominee at the December meeting. |
Proposed amendments to the Bylaws
KAR is proposing several changes to the Bylaws. The pdf with changes listed can be found at the link below. These changes will be voted on at the membership meeting held in Lexington on December 1 during the Leadership Conference. Review Changes |
GRI designation now an elective for ABR
Start on your designation journey todayTo become an ABR you must complete one core course - the ABR Designation Course - and one elective option. The newest addition to the list of ABR electives is the GRI (Graduate, REALTOR Institute) Designation. GRI Designees study new technology, laws, and procedures in order to continuously evolve and meet the needs of the increasing sophistication of buyers and sellers. This course ensures real estate practitioners can perform at an ever-increasing level of professionalism. Courses are enrolling and very affordable.
Upcoming GRI Course: (each course counts for CE)
Oct 25 & 26: GRI 5 - Systems for Success (Northern KY) Click here to learn more about the benefits of GRI and to see the approved CE for each class. |
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3 things to consider when representing a buyer or seller
1. Always advise buyers to purchase an owner's title insurance policy.
2. When dealing with short sales or foreclosures, ask a professional to help you in negotiating with the lenders and/or drafting the contracts.
3. Ask the lender to use the title company that best suits the buyer in terms of price, convenience, location, services, etc.
Contact Limestone Title & Escrow for more information on the products and services offered - (502) 632-2277.
This is a paid advertisement |
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KAR Affinity Partners
UPS (New Program) KAR members can save up to 30% on UPS shipping. Members currently enrolled in the UPS Savings Program must re-enroll to take advantage of this new exclusive offer. Showing Suite
Get feedback on your listings, improve communication with your sellers, and set yourself apart from your competition with HomeFeedback®.
Drug CardAs a member, you, your family & friends may be able to lower your prescription drug costs. Nationwide InsuranceOffering you a special insurance program that could save you up to $500 with special rates on your auto policy. Read More |
Broker Involvement
Program
Get involved in a program that will boost Kentucky's Call-for-Action response rates. If you are a real estate broker in Kentucky, please enroll (it's free and easy), and if you are an agent, please encourage your broker to join this effective network of broker leadership in public advocacy for REALTORS® across the United States. Learn more and enroll here (to enroll, click the "Join the Program" button on the left side) |
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