REVERSE MORTGAGES CAN CAUSE PROBLEMS WHEN SPOUSES, HEIRS AREN’T ON BOARD
Reverse mortgages can be a good way for income-starved seniors to gain extra cash when going back to work is no longer an option or…
HOAs and Property Additions: Three Tips to Protect Your Rights
Remodeling, renovating, or adding to your property can be a great way to spruce up a home. As noted by the National Association of Realtors (NAR),…
How Long Do I Have to Recover Excess Proceeds in Arizona?
A foreclosure is a legal process whereby a lender takes action to recover the balance of a delinquent mortgage loan by auctioning the underlying property. In Arizona,…
My Neighbor Damaged Our Shared Wall: What Should I Do?
A shared wall between neighbors can create quite a stir. If you live in a townhome, a condominium, or any other type of property with…
The Revised Arizona Homestead Exemption: Is the Homestead Exemption Still Beneficial?
For years, Arizona homeowners have been able to take solace in the notion that no matter how long their list of creditors became, or how…
What to Do If You Find Property Defects in Arizona
Arizona law has safeguards built into the real estate transaction process to help ensure that buyers aware of property defects or other problems with the…
Arizona Residential Real Estate Disclosures: What Do Sellers Have to Tell Buyers?
In residential real estate disclosures, Arizona law requires that sellers disclose certain information to buyers when they sell. The Arizona Association of REALTORS® has developed…
Arizona Real Estate Disclosure Obligations Shared by Buyers and Sellers
One of the most common real estate transaction disputes is a non-disclosure claim regarding the property’s condition. If one of the parties is silent about…
What Happens to Earnest Money When a Real Estate Deal Goes South?
In most Arizona real estate purchase contracts, the buyer will require the seller to deposit earnest money – typically with the escrow company – to…
Can My HOA Amend It’s CC&RS To Restrict Short-Term Rentals?
A common question that many HOA communities face today is how to treat short-term rentals. The sharing economy has given a boost to Arizona’s economy,…
What You Need to Know About Arizona Timeshare Foreclosure and Right to Cancel Laws
According to a September 2020 report by the American Resort Development Association, Arizona is home to 48 timeshare resorts representing 4,811 units. Arizona’s Timeshare Owners’…
Do Brokers Risk Forfeiting Commissions for Neglecting to Review Listing Agreements?
Designated brokers in Arizona are exceedingly busy these days in the frenzied real estate market. Pulled in many different directions throughout their day, it may…