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AUTUMN BROKER COUNCIL RECEPTION
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Important Info From NJR Regarding the New and Revised Contracts of Sale
To address the expressed needs of members throughout the state, the New Jersey Realtors Risk Management Committee has created a new cohesive, statewide Standard Form of Real Estate Sales Contract (Form 118) which is compliant with TRID regulations that go into effect on October 3, 2015.
The current contract has been updated to comply with the TRID regulations with the addition of section 36 on the last page of the contract. NJ Realtors® will offer both versions of the form beginning Monday, September 28. To allow members the chance to become familiar with the new statewide contract.
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CFPB Releases "Know Before You Owe" Online Tools
CFPB rolled out a
set of online tools
to help consumers get better acquainted with what the Know Before You Owe initiative means for them. As part of this initiative the TRID will integrate existing closing disclosures with new requirements from the Dodd-Frank Act. The new tools released last week are intended to improve consumers understanding of the mortgage process, aid in comparison shopping and help prevent surprises at the closing table. Rule changes associated with Know Before You Owe go into effect October 3.
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NJ in final stage of competition for up to $326M to pay for flood relief in 10 Meadowlands towns
New Jersey has reached the final stage of a federal competition that could provide up to $326 million for a project to help 10 communities in the Meadowlands reduce flooding from storm surge.
The state's proposal involves flood protection, recreational opportunities and economic development initiatives for Carlstadt, East Rutherford, Hackensack, Hasbrouck Heights, Little Ferry, Moonachie, Rutherford, South Hackensack, Teterboro, and Wood-Ridge.
The proposal calls for eight miles of berms, some as high as 14 feet above sea level, roughly from the edge of Hackensack at Route 80 down to the eastern border of East Rutherford, and along Route 3 into Rutherford. It would include pump stations to handle storm runoff behind the berms.
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Food. Drinks. Music. Networking & Celebration!
September 30th from
6-9 PM
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Legislators Urge Sandy Distress Homeowner to File Appeal Before the New FEMA Deadline
Hurricane Sandy homeowners who feel they didn't get a fair shake from their insurance companies now have until Oct. 15 to ask the government to reopen their claims.
The agency initially agreed
to reopen the claims process following a meeting with Menendez and U.S. Sen.
Cory Booker.
Menendez traveled to Moonachie on Friday to urge New Jersey homeowners to file appeals with FEMA before the new deadline.
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VOLUNTEER & DONATION OPPORTUNITIES
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Help Senior & Disabled Homeowners Install Fire Alarms
October 3rd
8:00am - 1:00pm
Contact Lynn at Rebuilding Together to volunteer
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The Community Service Committee is Collecting These Items for Donation This Fall
- Non-Perishable Food for the CFA
- Winter jackets and coats for NJ Cares
- Old Cell Phones for US Troops
- Gently worn men and women's professional clothing & accessories
- for the Women's Rights Information Center & H.O.P.E
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Facebook Rolls Out 3-D Video Capability
Now you can show off your real estate listings in 3-D on Facebook.
The social-networking giant announced Wednesday that its news feed now supports
360-degree videos on the Web and Android smartphones. Apple's iOS will be getting the added feature in the coming months.
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New Search Tools Make Buying a Property Possible Even without Stepping Foot Inside It
Innovation has likewise prevailed in the real estate business. Nowadays, many real estate search tools have started offering convenience to homebuyers. RealtyBiz has described that it is even possible to buy a property without ever setting foot in inside it. These new technologies make purchasing international property more convenient. READ MORE
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October 27th
EDUCADE comes to
Bergen County! |
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Manage your personal and business banking with financial solutions from the REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union. You can also apply for NAR's Official REALTOR® Credit Card, featuring real estate-themed designs and REALTOR® branding options. Read more.
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Office Hours: Monday- Friday
8:00am - 5:00pm
Phone: 201-288-5000
Fax: 201-288- 0511
Staff Contact Info:
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