Value Would becoming a broker be valuable for someone in Real Estate? Obviously, since I am in education, I believe that you should. I did years ago. My son did when he graduated from CSUN, and my granddaughter passed the first time. I have stressed to them the value. You might say that I have […]
Best in the West Periodically we like to highlight some of our outstanding and long standing instructors. Today, Mr. Speaker James E. He is a true winner and we are so fortunate to have him working with us and for us. Best in the West. Jim went to high school in Ashley, North Dakota and […]
Inter-County Previously I discussed Prop 60 where a homeowner could sell a home and under certain conditions, keep their low tax assessment in the same county. This was passed in 1986. As always California taxpayers were not satisfied, they wanted to be able to sell and move to another county with their low assessment. In 1988 […]
Tax Base Transfer Proposition 60 pertains to a regulation passed in California in 1986. It pertains to someone over the age of 55 who sells a house that has a comparatively low tax assessment to the current fair market value. This is due to the restrictions placed on property tax increases by Prop 13. The homeowner […]
Pocket Listing Pocket Listing: This is a listing of a broker member of the local Multiple Listing Service that is not placed into the Service. Do all listings have to be submitted to Multiple? No. Exceptions are: Listings for apartment houses, commercial buildings, etc.Listings out of the local area not covered by the Multiple. Listings […]
Trustee Sale Foreclosures In my recent MLO classes I asked some questions about Trustee Sale Foreclosures. Even with experienced real estate agents and mortgage loan originators, there is confusion on some items. One is: “What happens when there is an IRS lien on a property and there is a Trustee Sale?” The IRS lien will […]
Sentencing Finally saw an article where a mortgage executive was sentenced to a jail term for bank fraud during the financial crisis chaos. Michael Ashley’s company, Lend America, imploded to the tune of $49M in losses in 2009. His sentence: 3 years in prison, $49M in restitution, and a forfeiture of $800,000.00. The judge did […]
Why, You Ask? One Major Reason: Test grades: Three years ago, the passing rate for Broker’s exam was 39%Two years ago, the passing rate was 41%Fiscal year to date, the passing rate is 56%For the math majors this is an improvement of 44% DGE Guarantees That You Will Pass Or Your Fees For Our Crash […]
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DGE 1. We have the best instructors. 2. We have the most current and most valuable materials. 3. Best in the West; in business since 1963 so we have learned a thing or two. Our procedures are organized to save you time and worry. 4. Been a member of BBB for almost 60 years and […]
Membership It was interesting to me to read the NAR 2018 Year in Review on their website. Some facts: There were 1,359,208 members and they worked with 8,871,992 consumers in 2018. Causes NAR contributed $24.85M to political causes. So, each of us Realtors contributed $18.28 to various causes. Hope mine went to a cause that […]
