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May 2015 Archives

Arizona attorneys guide lenders in foreclosure procedures


The possibility of foreclosure of a property, whether a residential home or commercial real estate, can raise a number of potential legal issues in Arizona. The attorneys of Faith, Ledyard and Faith PLC, who, as discussed in a previous post, represent clients facing the possibility of foreclosure for residential properties, are also well-versed in aiding banks and private lenders as they navigate the world of foreclosures, trustee sales and loan modifications.

Due diligence is essential in Arizona real estate transactions


It is always wise to know what you are buying. From inspecting eggs in a grocery store, to looking over a new car for scratches, thorough investigation benefits the buyer so that he or she can be confident in the product he or she is buying. Nowhere is this more true than in real estate transactions. Due diligence in a real estate transaction is the act of thoroughly investigating all components of the transaction, including the property, seller and financing.

Zoning relief options may be available in Arizona

Property ownership does not grant an owner full right to do whatever he or she may wish to do with the property. A property owner must follow zoning regulations enacted by state and local governments when dealing with and making decisions regarding the property they own.

How can a foreclosure in Arizona be avoided?


It can feel overwhelming to realize that you and your family might be on the brink of losing your home. You may have initially missed just one residential mortgage payment, but then another slipped by and before you knew it, the bank is threatening foreclosure. It is essential for Arizona residents to face the possibility of foreclosure - a lender taking over possession of a homeowner's home due to the homeowner's failure to make mortgage payments - head-on.

Phoenix construction industry picks up in March


If recent data is any indication, 2015 is on track to be a better year for those in the Phoenix area construction industry than 2014. Local data shows that construction is on the rise and more builders are requesting building permits.

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