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…