Hello Elite Real Estate Professionals,

As promised I want to continue to provide you with Real Estate industry updates and information that will be helpful to you and your clients.

The following is a great warning with property tax links that can be shared with all Real Estate Professionals and their clients.

I want to be a source of industry related information you can count on as well as your Fidelity National Home Warranty and Disclosure Source representative.

Please continue to ask for a Fidelity National Home Warranty and Disclosure Source NHD report for all of your transactions.

Yvonne Nelson 

Fidelity National National Home Warranty &

Disclosure Source 

800-308-1424 ext 3518        

www.homewarranty.com

www.disclosuresource.com

*****************************************

Property Tax Reduction Scams Spreading, California Warns
Scam targets homeowners with declining property values
February 13, 2009
       
California Attorney General Edmund G. Brown Jr. is warning consumers about a “blatant and costly scam” targeting homeowners with declining property values.

“This blatant and costly scam holds out hope to homeowners that their property taxes will be reduced if they pay hundreds of dollars to a middleman to have their property re-evaluated,” Brown said. “In point of fact, homeowners can seek relief directly from their county assessor free of charge. Homeowners should be on high alert.”

Companies are sending deceptive mailers to homeowners offering help in reducing property tax assessments, if the homeowner pays the company hundreds of dollars in fees.

The companies use official-sounding names such as “Tax Adjusters,” “Tax Readjustment” or “Tax Review” to make victims believe the company is a government agency.

Property tax reassessment is a free service provided by county tax assessors. If homeowners believe their property value has declined and they are paying too much in property taxes, the local tax assessor will review the property value for free for a possible downward assessment.

To avoid becoming a victim, homeowners should:

• Never pay money for something they did not ask for.

• Avoid a middleman; they should contact their local tax assessor’s office for property value reassessment.

Class Starts Wednesday July 30, 2008

12:00pm - 1:30pm

• General Overview of the REO Industry
• What is as an REO Agent? What do you do?
• How To Get REO Listings From Banks
• 2008 Updated List of REO Organizations
• Listing of the TOP 100 banks & their complete contact information
• What do you say when you call the banks?
• Broker Price Opinions”Listings of over 15 “BPO”companies
• Understanding the Accounting Process - Expense reimbursement
• How to Manage your REO Inventory
• How to Maximize your earnings and double end transactions
• Access to the 5 Top Foreclosure Forums online

 Mark Your Calendars for Tuesday June 10th, 2008 @ 2pm for an all you can eat ice cream social with all the trimmings.

I will be giving information on following topics that are important in today’s market:

• 7 things you must know about dealing with Bank Owned Title Companies
• What you need to know about Home Warranty Plans for the Foreclosure Market
• What are new buyers expecting of home warranty proctection plans?
• NEW!!! - Fidelity Home Warranty’s New & Enhanced 2008 Protection

Please post a comment below to register so that I can bring enough sweets and toppings for everyone.

See you all there!

Yours Truly,

Yvonne Nelson
Fidelity Home Warranty
800.308.1424 x 3518 (this pages me)
yvonne.nelson@fnf.com

This training will be conducted over the web and I will be sending out info on how to attend tomorrow.

Please post a comment below to let us know if you will be attending the Mortgage Traning Class this Thursday at 6:30pm

Elite Commercial RE Training Class #3

March 6, 2008 at 6:00pm

7412 Elsie Ave
Sacramento, CA 95828

Register by posting a comment below

H.R. 3648: Mortgage Forgiveness Debt Relief Act of 2007 Class

• What debt is forgiven on a qualified principal residence

• What debt is forgiven on a refinance

• How IRS rules differ from California

• How Escrow can help during the closing process

• And more questions answered!

When: Wednesday, March 05, 2008 2:00pm - 2:45pm

Where: Elite Real Estate

            7412 Elsie Ave, Sacramento, CA 95828

Speaker: Steven G. McCormick, CPA of S.G. McCormick & Co.

Liz Troxclair (916) 690-0982

R.S.V.P. by posting a comment below

Becoming an REO Agent
Listing & Selling Banked Owned Property Class #2

 Starts Wednesday 2/20/2008 at 6pm

7412 Elsie Ave
Sacramento, CA 95828

Register today.