June 16, 2009
June 9, 2009
Wednesday, June 17, 2009
Wednesday, June 10, 2009
Recomended Local Businesses 6/10/09
For Christmas last year I got my family really cool scrapbooks. But they weren't just any scrapbooks. They were custom made with care. And since I am no scrapbooker, someone else was going to have to do it. Well, my good friend, Amy, is quite talented in this department. So, I commissioned her to do the work for me. And boy did she do a good job. My mom has since had her make another one for her and referred one of her friends who is also having Amy make a couple of them. They are awesome, I'm telling you. So if you don't have the time, energy or know how to put together a killer scrapbook yourself, check out what Amy's got on her Etsy page.
artistichenry on Etsy
artistichenry on Etsy
Tuesday, June 09, 2009
Foreclosure Numbers for the Treasure Valley 6/9/09
This was last months headline news on Foreclosures:
Treasure Valley foreclosures drop in April
POSTED: 14:16 MDT Thursday, May 7, 2009
by IBR Staff idahobusiness.net
And this was this month's. I can't say I'm not surprised:
Treasure Valley foreclosures jump again
POSTED: 10:26 MDT Tuesday, June 9, 2009
by IBR Staff idahobusiness.net
Treasure Valley foreclosures drop in April
POSTED: 14:16 MDT Thursday, May 7, 2009
by IBR Staff idahobusiness.net
And this was this month's. I can't say I'm not surprised:
Treasure Valley foreclosures jump again
POSTED: 10:26 MDT Tuesday, June 9, 2009
by IBR Staff idahobusiness.net
First Time Home Buyer Credit - Update
Information Courtesy of Ada County Association of Realtors
FAQ's about First Time Home Buyer Tax Credit:
Is the program available to all first-time homebuyers? Yes - the program is available now until December 1, 2009 for qualifying first-time homebuyers. For more information on the tax credit and qualifications click here . The National Association of REALTORS® is actively working to extend the credit through 2010 and permit all purchasers to utilize it.
Does Idaho have a way for a homebuyer to access the funds for a down payment? Yes - With ACARs encouragement, The Idaho Housing and Finance Association implemented the Tax Credit Advance Loan to access funds at the time of closing. Idaho is one of 10 states offering the advance.
In Idaho will the REALTOR® Associations pay off interest on the tax credit advance loan? Yes - To help encourage home ownership, REALTORS® Associations in Idaho created the Welcome Home Idaho program. REALTORS® in Idaho have offered to pay off the interest on the tax credit loans to individuals who pay off the loan by the due date of July 1st 2009. The availability of the payoff is on a first come first served basis until the contributed funds are gone.
Can lenders is Idaho access the tax credit advance loan? Yes - According to IHFA, "any lender making that statement they will not utilize the credit is doing so based on an internal company policy. There is no reason that every approved IHFA lender cannot offer the Tax Credit Advance right now. In fact nearly 800 Idahoans have applied for it since it was introduced in March." For a list of IHFA approved lenders go to www.ihfa.org
FAQ's about First Time Home Buyer Tax Credit:
Is the program available to all first-time homebuyers? Yes - the program is available now until December 1, 2009 for qualifying first-time homebuyers. For more information on the tax credit and qualifications click here . The National Association of REALTORS® is actively working to extend the credit through 2010 and permit all purchasers to utilize it.
Does Idaho have a way for a homebuyer to access the funds for a down payment? Yes - With ACARs encouragement, The Idaho Housing and Finance Association implemented the Tax Credit Advance Loan to access funds at the time of closing. Idaho is one of 10 states offering the advance.
In Idaho will the REALTOR® Associations pay off interest on the tax credit advance loan? Yes - To help encourage home ownership, REALTORS® Associations in Idaho created the Welcome Home Idaho program. REALTORS® in Idaho have offered to pay off the interest on the tax credit loans to individuals who pay off the loan by the due date of July 1st 2009. The availability of the payoff is on a first come first served basis until the contributed funds are gone.
Can lenders is Idaho access the tax credit advance loan? Yes - According to IHFA, "any lender making that statement they will not utilize the credit is doing so based on an internal company policy. There is no reason that every approved IHFA lender cannot offer the Tax Credit Advance right now. In fact nearly 800 Idahoans have applied for it since it was introduced in March." For a list of IHFA approved lenders go to www.ihfa.org
Monday, June 08, 2009
Local and National News & Info: 6/8/2009
Mortgage industry cleans house: Group leaders say financial turmoil chased out the unscrupulous — Focus POSTED: Monday, June 8, 2009 by Gaye Bunderson, idahobusines.net
TitleOne adds share in tough market — Focus POSTED: Monday, June 8, 2009 by Brad Carlson, idahobusiness.net
TitleOne adds share in tough market — Focus POSTED: Monday, June 8, 2009 by Brad Carlson, idahobusiness.net
Thursday, June 04, 2009
Spotlight on NAR Code of Ethics: Part 3
Standards of Practice, Arcticle 1, as you can read below, discusses our relationship to our clients. As a client of a Realtor your agent is responsible to "protect and promote the interests of their clients." We are also required to "treat all parties honestly." This is important, and in my opinion is just good business and moral practice anyway.
Duties to Clients and Customers
Article 1
When representing a buyer, seller, landlord, tenant, or other client as an agent, Realtors® pledge themselves to protect and promote the interests of their client. This obligation to the client is primary, but it does not relieve Realtors® of their obligation to treat all parties honestly. When serving a buyer, seller, landlord, tenant or other party in a non-agency capacity, Realtors® remain obligated to treat all parties honestly. (Amended 1/01)
• Standard of Practice 1-9
The obligation of REALTORS® to preserve confidential information (as defined by state law) provided by their clients in the course of any agency relationship or non-agency relationship recognized by law continues after termination of agency relationships or any non-agency relationships recognized by law. REALTORS® shall not knowingly, during or following the termination of professional relationships with their clients:
1) reveal confidential information of clients; or
2) use confidential information of clients to the disadvantage of clients; or
3) use confidential information of clients for the Realtor®’s advantage or the advantage of third parties unless:
a) clients consent after full disclosure; or
b) Realtors® are required by court order; or
c) it is the intention of a client to commit a crime and the information is necessary to prevent the crime; or
d) it is necessary to defend a Realtor® or the Realtor®’s employees or associates against an accusation of wrongful conduct.
Information concerning latent material defects is not considered confidential information under this Code of Ethics. (Adopted 1/93, Amended 1/01)
• Standard of Practice 1-10
Realtors® shall, consistent with the terms and conditions of their real estate licensure and their property management agreement, competently manage the property of clients with due regard for the rights, safety and health of tenants and others lawfully on the premises. (Adopted 1/95, Amended 1/00)
• Standard of Practice 1-11
Realtors® who are employed to maintain or manage a client’s property shall exercise due diligence and make reasonable efforts to protect it against reasonably foreseeable contingencies and losses. (Adopted 1/95)
• Standard of Practice 1-12
When entering into listing contracts, Realtors® must advise sellers/ landlords of:
1) the Realtor®’s company policies regarding cooperation and the amount(s) of any compensation that will be offered to subagents, buyer/tenant agents, and/or brokers acting in legally recognized non-agency capacities;
2) the fact that buyer/tenant agents or brokers, even if compensated by listing brokers, or by sellers/landlords may represent the interests of buyers/tenants; and
3) any potential for listing brokers to act as disclosed dual agents, e.g., buyer/tenant agents. (Adopted 1/93, Renumbered 1/98, Amended 1/03)
• Standard of Practice 1-13
When entering into buyer/tenant agreements, Realtors® must advise potential clients of:
1) the Realtor®’s company policies regarding cooperation;
2) the amount of compensation to be paid by the client;
3) the potential for additional or offsetting compensation from other brokers, from the seller or landlord, or from other parties;
4) any potential for the buyer/tenant representative to act as a disclosed dual agent, e.g., listing broker, subagent, landlord’s agent, etc., and
5) the possibility that sellers or sellers’ representatives may not treat the existence, terms, or conditions of offers as confidential unless confidentiality is required by law, regulation, or by any confidentiality agreement between the parties. (Adopted 1/93, Renumbered 1/98, Amended 1/06)
Duties to Clients and Customers
Article 1
When representing a buyer, seller, landlord, tenant, or other client as an agent, Realtors® pledge themselves to protect and promote the interests of their client. This obligation to the client is primary, but it does not relieve Realtors® of their obligation to treat all parties honestly. When serving a buyer, seller, landlord, tenant or other party in a non-agency capacity, Realtors® remain obligated to treat all parties honestly. (Amended 1/01)
• Standard of Practice 1-9
The obligation of REALTORS® to preserve confidential information (as defined by state law) provided by their clients in the course of any agency relationship or non-agency relationship recognized by law continues after termination of agency relationships or any non-agency relationships recognized by law. REALTORS® shall not knowingly, during or following the termination of professional relationships with their clients:
1) reveal confidential information of clients; or
2) use confidential information of clients to the disadvantage of clients; or
3) use confidential information of clients for the Realtor®’s advantage or the advantage of third parties unless:
a) clients consent after full disclosure; or
b) Realtors® are required by court order; or
c) it is the intention of a client to commit a crime and the information is necessary to prevent the crime; or
d) it is necessary to defend a Realtor® or the Realtor®’s employees or associates against an accusation of wrongful conduct.
Information concerning latent material defects is not considered confidential information under this Code of Ethics. (Adopted 1/93, Amended 1/01)
• Standard of Practice 1-10
Realtors® shall, consistent with the terms and conditions of their real estate licensure and their property management agreement, competently manage the property of clients with due regard for the rights, safety and health of tenants and others lawfully on the premises. (Adopted 1/95, Amended 1/00)
• Standard of Practice 1-11
Realtors® who are employed to maintain or manage a client’s property shall exercise due diligence and make reasonable efforts to protect it against reasonably foreseeable contingencies and losses. (Adopted 1/95)
• Standard of Practice 1-12
When entering into listing contracts, Realtors® must advise sellers/ landlords of:
1) the Realtor®’s company policies regarding cooperation and the amount(s) of any compensation that will be offered to subagents, buyer/tenant agents, and/or brokers acting in legally recognized non-agency capacities;
2) the fact that buyer/tenant agents or brokers, even if compensated by listing brokers, or by sellers/landlords may represent the interests of buyers/tenants; and
3) any potential for listing brokers to act as disclosed dual agents, e.g., buyer/tenant agents. (Adopted 1/93, Renumbered 1/98, Amended 1/03)
• Standard of Practice 1-13
When entering into buyer/tenant agreements, Realtors® must advise potential clients of:
1) the Realtor®’s company policies regarding cooperation;
2) the amount of compensation to be paid by the client;
3) the potential for additional or offsetting compensation from other brokers, from the seller or landlord, or from other parties;
4) any potential for the buyer/tenant representative to act as a disclosed dual agent, e.g., listing broker, subagent, landlord’s agent, etc., and
5) the possibility that sellers or sellers’ representatives may not treat the existence, terms, or conditions of offers as confidential unless confidentiality is required by law, regulation, or by any confidentiality agreement between the parties. (Adopted 1/93, Renumbered 1/98, Amended 1/06)
Wednesday, June 03, 2009
Local and National News & Info: 6/3/2009
Anyone have opinions about these article?
Idaho touted to make quick recovery in 09
POSTED: 11:41 MDT Wednesday, June 3, 2009
by IBR Staff
Which States Will Be Early Risers? msnbc.com / The Elkhart Project
Idaho touted to make quick recovery in 09
POSTED: 11:41 MDT Wednesday, June 3, 2009
by IBR Staff
Which States Will Be Early Risers? msnbc.com / The Elkhart Project
Recommended Local Businesses 6/3/09
Do you have a little literary in you? Check out this incredible resource. If you are a writer or publisher you will know what it is and you will think that it is amazing. I promise.
Tuesday, June 02, 2009
Monday, June 01, 2009
Subscribe to:
Posts (Atom)
Posts
