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Winter Ice Storm Damage Exemption for Property Taxes Let your clients know: Businesses and homes that suffered property damage from the winter storm may qualify for a temporary tax exemption. On Friday, February 12, 2021 Governor Greg Abbott issued a Disaster Declaration in response to severe winter weather in Texas. This declaration enables property owners…

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Assistance Available for Those Experiencing Effects from Winter Storm The recent storms caused a lot of damage and upturned so many lives in the DFW area. From electrical outages for extended periods of time to water damage from burst plumbing lines, so many North Texans are struggling to get their lives back in order. The…

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Rates, COVID-19, and Forbearance- Oh My! By Jennifer Galvan (NMLS 1646419), NXT Mortgage and Member of CCAR’s Affiliate Committee One year into the global Pandemic and how has it changed the face of lending? RATES Unlike the stock market, mortgage rates can change multiple times a day. This has been a common occurrence over the…

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CCAR Mourns the Passing of Christy Black It is with a heavy heart that we share that Christy Black, CCAR Board of Directors member, passed away unexpectedly last week. In addition to serving on the Board of Directors, Christy was also Chair of CCAR’s Community Outreach Committee, member of CCAR’s Government Affairs and TREPAC Committees,…

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Get Ready for the New Uniform Residential Loan Application Coming March 1 By Jake Perry (NMLS 231682), Porch Light Branch of Fairway Independent Mortgage Corporation and Member of CCAR’s REALTOR® Lender Committee On March 1st of 2021, the new Uniform Residential Loan Application is being rolled out. After 20 years without change, the GSEs finally…

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HUD Announces Disaster Assistance for Victims of Texas Severe Winter Storm Information provided by the U.S. Department of Housing and Urban Development   On Feb. 22, 2021, The U.S. Department of Housing and Urban Development (HUD) announced the implementation of federal disaster assistance for the State of Texas to provide support to homeowners and homebuyers…

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CCAR Announces Annual Award Recipients   During the Collin County Business Development Meeting on February 9, CCAR announced its 2020 annual award winners. Join us in congratulating our members who received top honors: Leslie Rouda Smith, CCAR Past President and NAR 2021 President Elect, received the Lifetime Achievement Award for her many years of service…

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Texas Remains Second in the Nation for Relocation Activity in 2019 Texas ranked second in the nation for relocation activity in 2019, according to the 2021 edition of the Texas Relocation Report released by Texas REALTORS®, which analyzes the latest available migration data from the U.S. Census Bureau and U-Haul. “Once again, Texas welcomed more than half…

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Could Your REALTOR® Status be in Jeopardy? We are now in the final year of the current 3-year cycle for all members to comply with NAR’s Code of Ethics training requirement. As a reminder, all members are now required to take at least 2.5 hours of Code of Ethics training every three years. Consequences of…

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Roofing 101 By Danny Leverett, Tarrant Roofing and Member of CCAR’s Affiliate Committee   In the state of Texas, no state certification is required to be a roofer. You should take time to find a roofing company that submits to voluntary annual testing through various National Associations. HOW DO I KNOW IF IT’S TIME TO…

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