We decided to present a short update on Reverse Mortgages. As our authority we selected David Gomer, Broker, Founder and Owner of Senior Funding, Calabasas, CA. He has been specializing in all types of Reverse Mortgages since 1989. He earned the prestigious Certified Reverse Mortgage Professional Designation Awarded by the National Reverse Mortgage Lenders, and a […]
Attorney General Bonta Issues Consumer Alerts, Guidance to Protect California Tenants and Remind Property Managers and Landlords of their Legal Obligations
Tuesday, February 6, 2024 Contact: (916) 210-6000, [email protected] Includes new information calculating allowable rent increases under TPA SAN FRANCISCO – California Attorney General Rob Bonta today issued five consumer alerts advising California tenants of their rights and protections under state law, and alerting property managers and landlords of their obligations to tenants. The consumer alerts cover […]
What Interest Rate does the IRS pay you if you Overpay your Taxes?
17531167 – irs card on desck with tax files Read news release IR-2024-47, Feb. 21, 2024 – https://www.irs.gov/newsroom/interest-rates-remain-the-same-for-the-second-quarter-of-2024 WASHINGTON — The Internal Revenue Service today announced interest rates will remain the same for the calendar quarter beginning April 1, 2024. For individuals, the rate for overpayments and underpayments will be 8% per year, compounded daily. […]
Discover the Top 10 Reasons Students Prefer Duane Gomer for Their California Real Estate Education Needs
#1. WE ARE A CALIFORNIA SPECIFIC EDUCATION COMPANY: Why is that good for you? Many companies offer courses all over the United States and are not well versed in the nuances of getting licensed in California. You can be assured our staff, instructors, and authors know the confusing regulations of California well, and we provide proper and […]
New California Department of Real Estate Commissioner
Governor Gavin Newsom has appointed Chika Sunquist, Department of Real Estate Commissioner. Duane Gomer Education commends this appointment after working with her when she was in charge of Mortgage Loan Originator matters at DRE. Currently, she is Assistant Commissioner of Enforcement. She has been at DRE since 2006 and worked in many different important roles. […]
GIFT TAX Etc. #1
If I gift more than $17,000 to anyone in one year, will I owe taxes in that year? To find the answer click here: http://www.DuaneGomer.com/video
WHEN IS AN OFFER NOT AN OFFER ANYMORE?
A couple of basic thoughts that are misunderstood by people in a Real Estate Transaction. First, an offer is never complete until there is an acceptance and that acceptance has been communicated to the other party. Sellers make a counter and give three days for a reply. One day later they get a better offer. […]
N.A.R. DIRECTORS PASS NEW COURSE REQUIREMENT
New applicants must now complete two hours of Fair Housing training and existing members must complete the course every three years. In addition to the now required Ethics training. (more…)
CFPB ORDERS LENDER TO PAY $20 MILLION IN PENALTIES
Installment lender: One Main Financial of Evansville, IN was ordered to pay $10 million to customers and another $10 million in penalties for failing to refund interest charged and selling add-on products. (more…)
DFPI: Department of Financial Protection and Innovation – Scam Alerts
To me they will always be the Department of Corporations but their comments are licensed under their regulations. Check out their headline alert: Crypto Scam Tracker. Search the table below by company name, scam type, or keywords to learn about the specific complaints the DFPI has received. Use this information to protect yourself when engaging […]