How REALTORS® Can Add Value and Generate Referrals by Identifying Blind Spots
Successful REALTORS® know that ecstatic clients are the best sources for referrals. Delivering unexpected value to your clients is the easiest way to exceed a…
Hope Springs For Loan Modifications
Generally speaking, the federal government’s loan modification program has been a bust. The U.S. Department of Treasury launched the Home Affordable Modification Program (“HAMP”) in…
Avoiding Real Estate Malpractice Arizona REALTORS’® Duty to Disclose
It has been famously said that “with great power comes great responsibility.”[1] This is especially true for REALTORS® who, under Article 26 of the Arizona…
Mortgage Debt Relief Act Extended
In typical fashion, the United States Congress waited until the eleventh hour to address the looming “fiscal cliff.” In doing so, Congress extended a number…
Disclosure Requirements
Proper disclosure is important for two reasons: To help avoid litigation; and To comply with the Commissioner’s Rules, g., A.A.C. R4-28-1101 When in doubt, disclose! If…
New Appeals Ruling Expands Sellers’ Disclosure Requirements
Arizona long ago abandoned the antiquated policy of “Buyer Beware!” Instead, Arizona law imposes strict disclosure requirements on all sellers – especially sellers of real…
Supreme Court Rejects “Show Me The Note” Defense
In this ever-changing real estate landscape, one thing hasn’t changed: there’s no such thing as a free lunch – or a free house. In keeping…
Attorney Settles Record Short-Sale
Attorney Christopher Charles recently settled $3,734,000.00 in mortgage debt with Bank of America for the price of $1,620,000.00 via short-sale negotiations. The debt was secured…
Court of Appeals Issues New Ruling Regarding Anti-Deficiency Statutes
The Arizona Court of Appeals has been busy: after extending the protections of Arizona’s anti-deficiency statutes to vacant lots in December 2011, the Court of…
Arizona Court of Appeals Issues New Decision Extending Consumer Protections of Anti-Deficiency Statute
On December 27, 2011, the Arizona Court of Appeals handed down a new decision that extends even greater protection to distressed property owners. The new…