Real Estate Compliance Consultant Summer Goralik shares advice on responding to a Corrective Action Letter.
The Corrective Action Letter: A licensee’s first stop on the DRE’s discipline train
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Real Estate Principles: Video™
A dynamic and multimedia collection of fundamental real estate concepts – step into the future of learning.
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Recent updates to the course e-book
- Effective January 1st, 2021, California homeowners qualify for a net equity homestead protection of up to $300,000 or the median sale price for a single family residence (SFR) in the homeowner’s county in the calendar year prior to the year in which they claim the exemption, not to exceed $600,000 (adjusted annually for inflation). [CCP §704.730] For more on this topic, see Form-of-the-Week: Homestead exemption, an asset preservation declaration – Form 465
06/25: The 2025 rules for buyer representation and fee-splitting avoidance are currently being edited into this e-book.
Newly published related content
The Tenant, Homeowner, and Small Landlord Relief Stabilization Act of 2020 Part 1: Tenant protections
This article is part I of a two-part series covering California’s Tenant, Homeowner, and Small Landlord Relief Stabilization Act of 2020.
San Francisco is alone in its urban exodus, despite pandemic
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Brokerage Reminder: HUD advertising guidelines and the Fair Housing Poster
Stay informed on real estate advertising guidelines and the fair housing poster issued by the Department of Housing and Urban Development.
Rising 90+ day mortgage delinquencies are the foreclosure shadow inventory
The longer the shadow grows, the greater the tidal wave of foreclosures to come.
Summer 2020’s unseasonably hot housing market
With the economy several months deep into the 2020 recession, this summer has seen surprisingly high competition from homebuyers.
Brokerage Reminder: Get paid by your buyer, not played
This week’s Brokerage Reminder breaks down the importance of the Buyer’s Listing Agreement and always getting everything stated in writing.
Additional refinancing fees delayed
The Adverse Market Refinance Fee has been delayed until December 2020, and interest rates sigh in relief.