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April 2014 Archives

Home prices in Phoenix are becoming more reasonable

When investing in commercial or residential real estate in Arizona, there is a lot to consider. Not only does it help to be aware of market trends, it also helps to have legal expertise informing each step along the way. With all real estate transactions, there is going to be paperwork, some of which may be complex. Before signing anything, it is oftentimes prudent to make sure all of the terms are sound and that each step is reasonable and responsible.

Advice from the Arizona Real Estate Commissioner

It is not always easy to navigate the Arizona housing market. Whether someone is acquiring land, investing in a commercial development, looking to stave off foreclosure, or is in the middle of real estate litigation or a property dispute, there are likely going to be complex laws involved. Some of these issues can be resolved in a DIY way, but not many. Much that involves real estate law often requires legal expertise.

Foreclosure rate in Arizona continues to drop

Foreclosure is one of the most frightening prospects a family can face. It threatens to rip the family away from their home, which is so often central to their lives together. Without the family home, homelessness and displacement are terrifying possibilities. Thankfully, it is sometimes possible to mount strong defenses against unlawful foreclosure and reclaim the family home.

Development plan for mall area approved in Phoenix

When a large commercial development plan is given the go ahead, many investors and developers are often sought to bring life to the development. This often requires complex business relationships to form, which causes many complicated legal matters to come into play. To successfully invest in commercial real estate, it is essential to build the investment on top of a solid legal foundation.

Scope of Arizona's anti-deficiency statute is still murky

Ranch LLC, Arizona's anti-deficiency law applies to a "single one-family dwelling or a single two-family dwelling." However, the court also mentioned that Arizona Revised Statute § 33-814(G) does not provide protection from deficiency judgments for vacant lots that have been foreclosed upon and where no construction or development had taken place.

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