Online Articles
Renewed Buyer Enthusiasm
March 19, 2015
Written by Michael Orr The Greater Phoenix housing market has been in the doldrums ever since the summer of 2013. With low sales numbers and a relatively weak level of supply there has been little excitement for sellers or buyers. However activity measured by the Arizona Regional Multiple Listing Service (ARMLS) shows that everything… Read more
PROTECTING YOUR ASSETS FROM CREDITORS
March 11, 2015
By William Gibney, Esq. If you drive a car, own real estate, own a business, have a spouse or business partner, or engage in high-risk activities, there’s a decent chance you will be sued. You could cause an automobile accident. A delivery man could slip and fall on your front porch. You could go through… Read more
Changes In The Anti-Deficiency Statutes And Case Law
February 20, 2015
By Thomas Stoops House Bill 2018 relating to deeds of trust and mortgages specifies changes to the anti-deficiency protections for consumers which substantially narrow those protections. As of December 31, 2014, the anti-deficiency provisions of A.R.S. §§ 33-729 (mortgages) and 33-814 (deeds of trust) applicable to single-family or two-family dwellings are modified. For mortgages or… Read more
Office Space: Road to Recovery
February 20, 2015
By Dennis Desmond The year 2014 marked one of the first years since the recession in which the term “recovery” was spoken with confidence, and looming doubt hanging over the nation had finally begun to fade away. What seemed like years of a U.S. economy simply spinning its wheels gave way to a new… Read more
Mortgage State of Affairs
February 20, 2015
Written By: Ross Jameson Mortgage Industry Consultant After 35 years in the mortgage industry, I’ve come to expect changes every year. The most dramatic changes I’ve seen have been in the past few years. The start of the mortgage makeover in 2008 created new standards that are now common practice. The Secure and Fair Enforcement Act (SAFE) signed into… Read more
Subcontractor Mechanics Liens Don’t Apply To Owner-Occupied Residences
February 20, 2015
By Christopher J. Charles, Esq. The Valley’s real estate market has officially rebounded and construction is booming again. Because most contractors don’t get paid until the job is complete, Arizona law affords contractors specific rights and remedies to ensure that they get paid. But as the Arizona Court of Appeals recently held, contractors’ rights… Read more
Phoenix Metro Apartments
February 20, 2015
By Pete Te Kampe In 2014, industry professionals in the Phoenix metro apartment market felt as though their space was experiencing auspicious conditions. This was due to rising rents, escalating property values, plummeting vacancies, booming construction, increasing lending, intensifying investor demand and waning concessions. Recently, the most frequently overheard concern expressed by industry professionals is… Read more
What’s in a Title?
February 20, 2015
By David Allen While it’s true that you most often cannot tell much about a book by its title, the same does not hold true when it comes to real estate – a title when applied to real estate, does tell you a lot. The question faced by a person acquiring real estate in… Read more
Insights from ESPN’s Mike Golic
January 31, 2015
Mike Golic is featured on ESPN’s Mike & Mike Show America’s #1 Sports Show for T.V. and Radio Written by Randy Cooney During Phoenix metro’s busiest two weeks in history with the Barrett-Jackson Car Auction,the Pro Bowl, Phoenix Open Golf Tournament and of course the SUPER BOWL, I decided to look into some of… Read more
ADRE REVIEWS ACCOMPLISHMENTS OF 2014 – LOOKS FORWARD TO “Partnering with Arizona” 2015
January 21, 2015
By Judy Lowe, Commissioner With a new year ahead, the Arizona Department of Real Estate (ADRE) reviewed the many accomplishments of the last five years and successfully implemented changes. We would like to share the “ADRE CY2014 Accomplishments” that were reported to Governor Doug Ducey. EDUCATION Oversaw the delivery of approximately 700 education… Read more