CE requirements if Washington state is not your home state. 1  Non-residents do not have to meet our CE requirements to renew their Washington state license. However, there are some education requirements for transacting long-term care insurance business.
REALTORSÂ® spend more than $510 million each year on business or closing gifts for their clients, according to the latest REALTORÂ® Magazine Reader Profile Study (MRI Custom Division), conducted in 2005. But although youâre long on generosity, itâs tough to come up with new ideas all the time.
Nonrecurring closing costs are paid on a one-time-only basis at closing, like payments for title insurance and loan origination fees. Lenders usually won't permit credits for the buyers' recurring costs, such as mortgage interest and hazard insurance. There are some lenders, however, who will allow credits for all closing costs. A credit from the seller to pay for the buyers' nonrecurring closing costs can't exceed the actual amount of those costs. The lender might allow a credit of up to $6,000, but if the buyers' costs only total $5,000, the maximum the sellers can credit is $5,000.