NEWS!! 3 FREE WEBINARS IN NOVEMBER AAR is pleased to offer members complimentary access to three timely webinars in the month of November. These two-part webinars focus on foreclosures/REOs, short sales and upside-down listings. Learn at your own pace and in your own space—for free!
ARIZONA REALTOR® MAGAZINE - NOVEMBER 2009 ISSUE
The November issue is now available. This month’s stories help you survive the down market, understand the foreclosure landscape in Maricopa County, get answers to your Legal Hotline questions, identify what your website needs to succeed and much more!
View the November table of contents.
CONGRATULATIONS TO FRANK DICKENS & DON MARTIN
AAR named Frank Dickens winner of the Tyler Strout Vision Award, which honors the Arizona REALTOR® who exemplifies the “best prepared real estate practitioner with the highest standards.” Don Martin received the Arthur G. Crozier Distinguished Service Award for meritorious service in one or more of the association’s strategic focus areas. Learn more.
FIRST-TIME HOMEBUYER TAX CREDIT Homebuyers: Time is running out for taking advantage of the Federal tax credit for first-time homebuyers! The last day for closing is November 30, 2009. Read More.
UPDATE: ANTI-DEFICIENCY CHANGE REPEALED! Governor signs HB 2008, which repeals SB 1271 and its change to the anti-deficiency statute. AAR will continue to work with legislators and industry stakeholders to protect homeowner rights at the Capitol. Watch for updates at www.rallinow.com/.
FROM NAR (8/3/09):
FTC EXTENDS RED FLAG RULE COMPLIANCE DATE FOR LOW-RISK ENTITIES TO NOVEMBER 1, 2009
The FTC announced on July 29, 2009 that it will extend, until November 1, 2009, the date for financial companies and creditors to comply with the FACT Act's identity theft red flag rule. Included in the definition of "creditor" is one who "arranges for credit" and NAR has argued that the usual activities of real estate agents do not typically include arranging for credit. The latest extension will allow FTC staff to finalize further guidance for "low risk entities" such as real estate agents. In addition, the FTC will create a special link on the FTC website for small businesses and low-risk entities to assist them in achieving compliance. NAR staff continues to be in contact with the FTC as further guidance is being developed for low risk entities. FTC announcement on compliance extension FTC red flag rule faqs
