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Given the existing market condition and reports that things are not likely to change substantially in the 3-5 year future, short sales aren’t going anywhere. Short sales continue to grow in popularity, at least conceptually. Many sellers are uneasy about “walking” from their mortgage. As such, sellers feel somewhat reassured that they m Read More
When it comes to your insurance coverage, do you know the difference between being an “Additional” insured verses a “Additional Named” insured? If not, you should. There is a common misconception that there is little or no difference between being an additional insured and a named insured. However, from a liability perspective, there Read More
Often times with the hustle and bustle of everyday life it is easy to overlook the little things. However, sometimes those little things turn out to be really big things. All too often brokers and real estate agents forget to sign the broker agreements they have with their clients. The common misconception is that so … Read More
There seems to be confusion about whether or not an owner can buy back a home after a trustee’s sale. Often I am asked if it is legal for an owner to buy back their home immediately following a trustee’s sale. Anyone, including the former owner, can purchase a home at a trustee’s sale. It’s … Read More
In Bank of New York Mellon v. De Meo 227 Ariz. 192, 254 P.3d 1138 (Ariz.App. 2011), Division One of the Arizona Court of Appeals set aside an eviction of a tenant from a residence on the grounds that the tenant was entitled to have received a 90 day notice to move pursuant to the … Read More