The Official Party In Notary Public Regulations Is The California Secretary Of State This information is from their web site. sos.ca.gov/notary Every Person Appointed As A Notary Public Shall: Be 18 years of age or older and there is no maximum age, (so senior seniors welcome) Be a legal California resident (no exceptions) Complete a […]
Does Anybody Really Know? If you send an email to Wayne Bell, the Commissioner at the time of the change from BRE to DRE on July 1st, you will get back an auto-response. It will state, and I quote, “July 9th was my last day as Commissioner”. Later, I Saw An Email That Wayne Sent […]
#1- The MLO Endorsement Must Be Renewed Every Year And The Expiration Date For All MLO Renewals Is December 31st This is the requirement for both Department of Business Oversight and Department of Real Estate members. Loan Brokers from FDIC banks do not need any Federal Approved Education. #2- The Cost Varies For Different Licensees […]
#1- A Notary Commission Is Good For 4 Years There is no grace period. Once your commission expires you will have to start the process all over again including completing a six-hour Notary education course. However, a Notary public who has previously completed an approved six-hour notary public education course and has a current active […]
The Comment Is That, “If Marriage Were A Stock, Wall Street Would Short It.” Marriage is going out of fashion, as the number of persons who have never married has doubled from 1960. More people are doing pre-nuptials, so they are thinking about divorce even before they are getting married. The cost of a wedding […]
I Discussed The Reasons For Getting Pre-Approved For A Loan Before You Start Shopping For A Home Does getting approved beforehand guarantee that you will get the loan you want. Again, quoting the National Assoc. of Realtors, “Being pre-approved is not a sure-fire way of obtaining a loan either”. Yes, after you get approved, many things could go […]
Last Week In A Post The Question Was Asked “Do you think that people who are going to sell their house, have already been looking or buying somewhere else, either up sizing or downsizing?” I believe the answer is yes, so in your promotions you should be asking for listings, but also trying to become […]
My Question To all Real Estate Salesperson Licensees with over 2 years full-time experience: If you asked any client, what are the designations such as SFR, BPO, EPro, SRES, etc., how many of them would have any idea what they mean? I ask my licensed students that question and a majority have no concept of […]
Everyone Has Their Own Theories About How To Sell Or Manage Real Estate Since I have not been without a tenant for 53 years and have sold some buildings, I have some opinions. As I have said before, do not confuse me with facts as my mind is made up. You can have your truth, […]
1031 Is The IRS Code Section That Covers Non-Taxable Exchanges, Also Known As Starker Exchanges There is one section that rental property owners should understand. Our Taxpayer’s Situation: The couple has a long term rental in which they have lots of equity. They discussed moving into it and making it their home, but it is […]
