Online Articles
Close is Not Good Enough When it Comes to Real Estate Commissions
November 27, 2018
David Allen Partner, Jaburg|Wilk Attorneys at Law One of the most basic real estate laws, which all agents have drilled into them from the time that they first start studying to become an agent, is that all agreements for the payment of real estate commissions must fully comply with the statutory requirements for such… Read more
You Have a Sphere…Now What?
November 27, 2018
Jamie Ciocchetti DeLex Realty When you first start out in Real Estate you were probably told to put together your sphere of influence. Your sphere should include everyone you have any sort of contact with. We list out “all” the people we know “who like us.” We have included past co-workers, friends, family members,… Read more
RFR’s – The Long-Term Benefits to Multi-Family Investors and Owners
November 27, 2018
John Tomblin Sofvue.com, OfficeAtlas.com, AirwestDrones.com One of the most misunderstood and often overlooked conditions of owning a small income property is the Reserves for Replacements (RFR’s), or what is sometimes referred to as “Replacement Reserves.” In commercial real estate transactions, replacement reserves are often mandatory and added to proformas for lending purposes. The purpose… Read more
A Letter from Our New Partner: Teaming Up for Your Success
November 27, 2018
Jim Hogan Hogan School of Real Estate It’s hard to believe that 45+ years ago I opened Hogan School of Real Estate in Tucson and now we’ve joined forces with the Arizona School of Real Estate and Business (ASREB). Looking back, it’s hard to believe that in my first month I taught only four students… Read more
December 2018 – Letter From the Publisher
November 27, 2018
Nate Hoelzen President, Arizona Journal of Real Estate & Business Dear Readers, On behalf of everyone at Arizona School of Real Estate & Business, season’s greetings to you and your loved ones! It’s hard to believe 2018 is nearly over. I hope it has been a prosperous year for all of you. As the year… Read more
LAYING DOWN THE LAW – HOW LONG CAN A LENDER WAIT BEFORE FORECLOSING OR SUING ON A NOTE?
October 31, 2018
Christopher J. Charles, Esq. Bryan Eastin, Esq. Justice Oliver Wendell Holmes, Jr. once asked: “What is the justification for depriving a man of his rights, a pure evil as far as it goes, in consequence of the lapse of time?”¹ There are several reasons to consider when answering this age-old question. First, our laws… Read more
Market Update: Mortgage Rates, Sales and New Listings
October 31, 2018
Fletcher Wilcox Grand Canyon Title Agency Mortgage Rates in Perspective Since 1971 Freddie Mac has tracked the thirty-year fixed mortgage rate. Chart One shows a partial history of their tracking. The year with the highest annual average thirty-year fixed mortgage rate was in 1981 when it was 16.63 percent. In 1990 it was 10.13… Read more
The State of the Arizona Economy
October 31, 2018
Sarah Kirsch Richardson Tru Realty If you all haven’t subscribed to Elliot Pollack’s Monday Morning Quarterback, then stop reading this right now and subscribe. If anyone has the crystal ball on the Arizona economy, it’s Elliot. Listening to him speak is always a treat if you can get a ticket for the room. In… Read more
“Fix-up” Costs Before Sale & 1031 Exchanges
October 31, 2018
Joe Callaway Asset Preservation, Inc. It is common for many Arizona real estate investors to make repairs, updates, and improvements to enhance a relinquished property in preparation for listing with a real estate agent or broker. A commonly asked question by investors in Arizona is, “Can I be reimbursed from the 1031 exchange for… Read more
How MLOs and Real Estate Agents Make a Great Team
October 31, 2018
Britt Scearce Emery Federal Credit Union Purchasing a home can be a tedious, complicated process for home buyers. Not to mention, it’s a pretty big deal! Amidst the life-changing decisions, having support from trustworthy professionals (cough, cough: a quality mortgage loan officer and real estate agent team) will help to make the process as… Read more