Online Articles
Navigating Construction Defects
April 30, 2019
Kristin E. Rosan Partner, Madison & Rosan, LLP Attorneys at Law In 2015, Arizona enacted legislation to address construction defect claims of a purchaser against a seller for construction defects. The law doesn’t just apply to new home construction, but remodeling and repairs. Additionally, the law contains a broad definition of who is considered… Read more
New Construction: Appraisers Involvement in The Process
April 30, 2019
Beth Sigg Northwest Real Estate Services Appraisers are involved in the new construction process, at the front-end, when financing is involved. By virtue of a loan needed for funding the construction, appraisers receive blueprints, contracts, and specifications on which to build the appraisal. From there, the cost approach provides a reliable and relevant approach… Read more
Market Update: Plenty of Opportunity in 2019 for Sales
April 30, 2019
Fletcher Wilcox Grand Canyon Title Agency Last month’s report showed that in Maricopa County (Greater Phoenix) year-over-year an increase in purchase prices, an increase in the number people employed, which means more potential homebuyers, while at the same time a decrease in the number of sales. This trend started in August 2018 and continues…. Read more
Is a Newly Constructed Home the Right Move for You?
April 30, 2019
Sarah Kirsch Richardson Tru Realty If you’re on the hunt for a new place to call home-sweet-home, you may be considering building a new home vs. purchasing a pre-owned home. You’re not alone! According to Forbes.com, 41% of Americans either somewhat or strongly prefer a newly-built home over an existing one. There is certainly… Read more
To Arbitrate or Not to Arbitrate
April 30, 2019
David Allen Partner, Jaburg|Wilk Attorneys at Law Many real estate contracts include an “arbitration provision,” whereby the parties to the contract agree that they will resolve any disputes which may arise between them through arbitration, and not through the judicial system. When deciding whether to agree to such a provision, a party should consider… Read more
LAYING DOWN THE LAW – LEGAL HEADACHES: CAN TENANTS SUE THEIR LANDLORD FOR ANNOYANCE OR EMOTIONAL DISTRESS CONCERNING A PROPERTY’S CONDITION?
April 30, 2019
Christopher J. Charles, Esq. Provident Law Phillip A. Overcash, Esq. Provident Law The Arizona Residential Landlord and Tenant Act, A.R.S. § 33–1301 et seq., (the “Act”), provides a comprehensive framework regulating the rights and responsibilities of landlords and tenants under a lease for residential properties. Arizona courts have interpreted the Act to provide broad… Read more
How Real Estate Agents can Better Assist Military Home Buyers
April 30, 2019
Lauren Schneider REALTOR®/Owner Military Home Search It’s important for real estate professionals to consider all the needs of their clients. When clients are members of the military, there are many factors to consider throughout the home purchasing process that might not be as important (or relevant) to a civilian buyer. With special potential financing… Read more
Building Your Team
April 1, 2019
Chris Bianco Weichert Realtors For many new investors the whole concept of real estate investments can be intimidating, even for the most basic business plan. Building a team of good quality players will give you confidence throughout the investment process. Here is a simplified roster of the 4 team members that will make your… Read more
Purchase Price, Affordability, Sales & New Listings, Jobs Update
April 1, 2019
Fletcher Wilcox Grand Canyon Title Agency Median Purchase Price Continues Ascent The median purchase of a previously owned single-family home in Maricopa County (Greater Phoenix) continued its rise in February. It was $293,000 this past February which was $3,000 or one percent higher than in January, and $17,000 or six percent higher than February… Read more
Build Your Best Team
April 1, 2019
Sarah Kirsch Richardson Tru Realty Working as a team in real estate can be highly profitable and a rewarding experience as you help others grow professionally. If you’re at your best working independently, a team environment may not be the right move for you. But if you’re a people-person driven by a desire to… Read more