REALTORS: Questions about your real estate state laws? Go to the most reliable source!

Today, while reading through some questions posted online, I came across this one:

"What is the status of the CA Foreclosure Moratorium that went into effect in June 2009? Are lenders still required to try a loan mod with the borrower for 90 days?"

I wondered if this REALTOR was trying to stimulate discussion. But she honestly sounded like she needed guidance. It seemed to me that the subject matter would make an excellent blog as an update, and not as a question from a REALTOR.

So I researched it on California Association of Realtors site. There is a wealth of information there. I feel guilty that I don't visit more often to stay abreast of Market Matters or Legal Updates.

One of the best resources for this Q&A is found on the Housing Stimulus Laws for 2009 (must be a member to log in and get this info)

And that's where I found the answers to her question. I promptly responded, and encouraged her to go to CAR's website to see for herself.

CALIFORNIA ASSOCIATION OF REALTORS - This is a wonderful opportinity to review what our member benefits are. Looking at the various tabs, one will find:

• Newstand that has links to daily headlines about the real estate industry
• Education our California association provides high-quality real estate education for members, and this is offered via a variety of delivery methods, like Face2Face, live lecture, online, and home study
• Governmental Affairs - update on what CAR is doing to advance and support REALTOR issues in politics, public policy and legislation
  
• Legal - lots of good and timely legal updates
• Meetings and Events - allows us to register online to attend meetings
• Business Tools - here's where we can access member beneifts, sign up for free webinars, etc
• Find a REALTOR - the search can be customized by distance, specialty, designation, language proficiency, etc

When in doubt --- go to the most trusted source!