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2010 Leadership Day Presentation

11/09/2009

Click below to view the presentation Anirban Basu gave during the 2010 MAR Leadership Day.

Congress Passes Homebuyer Tax Credit Extension and Expansion

11/05/2009

Both the House and Senate have passed the Unemployment Insurance Bill with the extension/expansion of the tax credit by a vote of 403-12. After passing the Senate yesterday (98-0) and the House today, the bill will now move on to President Obama for his signature. We fully expect him to sign it.

NAR has provided a Side-by-Side Comparison of the two tax bills as well as a Homebuyer Tax Credit Q&A document for further detail.

HOUSING AFFORDABILITY DECLINES AGAIN IN THE THIRD QUARTER

11/03/2009

The Maryland First Time Homebuyers Index declined three percentage points, from 69.9 percent in June to 66.9 percent, for the quarter ending in September, continuing the decline begun in the second quarter of 2009.

LINK TO ARTICLE...

Congress Votes to Extend FHA and GSE Loan Limits through 2010

11/02/2009

Last week, the House and Senate passed legislation to extend the current loan limits for FHA and Freddie Mac and Fannie Mae (the government sponsored enterprises, or GSEs) through December 31, 2010. These loan limits, set at 125% of local area median home price and capped at $729,750, would have expired on December 31, 2009 in which case loan limits would have been reduced in many markets. The extension is included in the Continuing Resolution (CR) to fund the government for the remainder of 2009. The CR is part of the Department of Interior FY2010 Appropriations bill. As of the deadline for filing this report, the President was expected to sign the bill into law over the weekend.

New Benefit Partner: TransUnion

10/28/2009

MAR is proud to partner with TransUnion to bring you a new, web-based tenant screening solution that gives independent landlords access to the same screening tools used by the largest property management groups.

It’s fast and convenient—and now it’s available to our members at a special rate when you visit https://mar.MySmartMove.com

NEW AND REVISED FORMS NOW AVAILABLE!

09/25/2009

There are three new forms:
(1) the Mutual Release of Contract/Release of Deposit;
(2) the Unilateral Notice of Termination Under Contract/Release of Deposit; and
(3) the Exclusive Buyer Representation Agreement.

The following forms were revised:
(1) the MAR Residential Contract of Sale;
(2) the Short Sale Addendum; and
(3) the Conservation Easement Addendum.

Additionally, the titles of two of the MAR Condominium forms were revised.

To access the forms, including the 2009 MAR Statewide Forms Review document, select the link.

LINK TO ARTICLE...

Conference Photos Available

09/21/2009

The Maryland Association of REALTORS® 2009 Annual Conference is over………. but not forgotten. Photos of the 2009 MAR Conference, held in Ocean City, September 14-16 are now available. To view the entire gallery
visit DC Event Photos.

REALTORS® FEDERAL CREDIT UNION IS OPEN!

08/19/2009

The REALTORS^® Federal Credit Union offers secure 24/7 virtual internet-based banking, access to thousands of surcharge-free ATMs nationwide, bill pay, safe deposits, and affordable loans. Check out the rates for car loans on new and used vehicles! Your funds are federally insured to $250,000. Realtors^® and their families, REALTOR^® businesses, and REALTOR^® staff are eligible for membership. For more information and to join, visit the RFCU Web site at www.REALTORSfcu.org.

ALLIED VAN LINES Member Benefit

03/11/2009

The MyHomeBenefits program, offered exclusively to Maryland Association of Realtors, gives you access to moving services and to preferred savings on move-related services for you, your family members and friends.

For more information, call 800.579.2970, or visit http://mar.myhomebenefits.com

DISCOUNTED BWI AIRPORT PARKING

11/17/2008

MAR and Airport Fast Park-BWI are offering members a rate of $6.40 per day (+ $.60 tax= $7) for business and personal travel. Click the link to enroll.