Inside this issue
  Bye-Bye, VA loan limits  
 

Members of the military on active duty and veterans hoping to buy a home in expensive parts of the country have a lot to be thankful for this holiday season. Starting next year, they'll be able to take out Veterans Affairs-backed mortgages as large as their bank accounts will allow. Thanks to the Blue Water Navy Veterans Act of 2019, veterans will be able to buy larger homes in pricier communities without having to put down a cent. However, they must still qualify for their mortgage and be able to afford the monthly payments.

Up until now, the size of a VA loan was capped at different amounts across the country. For example, borrowers could take out more in ultrapricey cities like San Francisco than in Detroit, where homes cost a whole lot less. As long as they stayed within those bounds, they could get a mortgage with a 0% down payment. But if they exceeded those limits, they had to put down 25% of the difference. The change goes into effect Jan. 1, 2020. Click here to read more of the realtor.com story.

 

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  REALTOR Magazine: An imperfect story resonates with more clients  
 

When business challenges hit, the life of a real estate professional can feel like a comedy of errors. But you don't have to succumb to the pressure. By turning your mistakes or flaws into stories that resonate with potential clients, you can help them see your true value as an agent.

This was the central focus of speaker and comedian Kathy Klotz-Guest's session Sunday at the REALTORS® Conference & Expo in San Francisco. In her energetic, one-hour long presentation, Klotz-Guest worked to explain how practitioners can leverage three comedy principles to power their storytelling and foster deeper connections with prospects. Click here to read more about the principles.

 

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  Members encouraged to keep account information current  
  Nevada REALTORS® encourages members across the state to check and update their personal profiles in RAMCO, which members can log into at NevadaRealtors.org. Members can also contact their local associations to provide updated account information.

It is vital that members keep their profile information -- including their current email address -- up to date. Current contact information allows NVR and NAR to reach members with important information regarding billing, Calls to Action and upcoming events. Additionally, without a current email address, members could miss out on valuable information from NVR's weekly newsletter and the Advocate, which focuses on statewide legislative news. If you have further questions or concerns about keeping your member account updated, you can inquire by email at info@NVRealtors.org.
 

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  NAR hosting Real Estate Forecast Summit  
 

Join NAR's first-ever Real Estate Forecast Summit live next Wednesday Dec. 11. Click here to learn more about the agenda.
 

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  Celebrate Chris Bishop at his installation  
 
 

Nevada REALTORS® Invites you to the Installation Gala of President Christopher Bishop and the 2020 Officers and Directors. The event will be held at the M Resort in Las Vegas for a reception at 5:30 p.m. in the Vue and dinner at 7 p.m. in the Milan Ballroom. Immediately after the Installation, join us for "the afterparty" downstairs in the Hostile Grape.

Wear your best "WACKIEST" Holiday attire, and you may be entered in a costume contest for "Most Festive", "Most Outrageous" or "Most Unique" costume! Click here to register and learn more.
 

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