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Nominees Announced for 2011 RVAR Board of Directors |
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The Nominating Committee and Board of Directors have proposed the following slate of new Officers and Directors for 2011:  | | President-elect
Morgan | Vice President
Kingery |  | Director
Coffey | Director
Greer | Director
Harris | Director
Hash | | | Click here for a one-page flyer with more information on these nominees. | | Any REALTOR® wishing to file as a petition candidate for any of the positions noted above must file a petition with the RVAR office during the month of September. The petition must be received in the RVAR office by September 30th and be signed by 20 RVAR members in good standing. If any petitions are filed, an election by ballot for any contested seats will be held by mid-November. | |
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Online Scams - What to Do |
The FBI has issued a consumer alert affecting real estate listings in a rental housing scam. Earlier this month, such a scam was identified in Roanoke when an elderly couple drove from Greensboro to check out a supposed rental, which was actually a listed property. The surprised homeowner called the police, craigslist and Channel 10! Click here for a one-page flyer including a description of the scam, guidance on how Realtors can spot and report such scams, plus how Realtors can educate their buyers and sellers.
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Congress Extends Tax Credit Closing/Flood Insur. Program |
On the evening of June 30th, Congress passed an extension of the Homebuyer Tax Credit closing deadline. The extension applies only to transactions that have ratified contracts in place as of April 30, 2010. The new closing deadline for eligible transactions is now September 30, 2010. There will be no gap between June 30th and the date the President signs the bill into law.
Congress also passed the National Flood Insurance Program Extension Act of 2010, an extension of the National Flood Insurance Program (NFIP) until September 30, 2010. This will allow transactions to move forward. The bill is retroactive and covers the lapse period from June 1st to the date of enactment of the extension.
NAR worked closely with Congressional leaders on both sides of the aisle to enact this legislation. NAR credits the assistance of nearly 83,000 REALTORS who responded to NAR’s Call to Action, resulting in over 250,000 letters to Congress requesting the extension of the NFIP.
More information on both programs is available at www.Realtor.org/government_affairs |
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