A case decided on Jan. 16, 2014 in the Court of Appeals of Arizona provides some guidance upon Arizona's so-called anti-deficiency law. In BMO Harris Bank v. Wildwood Creek Ranch LLC, a bank after a foreclosure brought a suit against certain borrowers to obtain a...











Commercial Law

Month: March 2014
Arizona ranked 18th in U.S. foreclosure rate
On behalf of Faith, Ledyard & Faith, PLC | Mar 20, 2014 | Real Estate Transactions
For many Arizona residents, home is at the heart of the familial unit. Facing foreclosure, then, becomes one of the most difficult prospects they can face. Foreclosure threatens to rip the home away from a family, leaving them without a home base that so often keeps a...
Avoid construction problems by knowing Arizona’s foundation
On behalf of Faith, Ledyard & Faith, PLC | Mar 13, 2014 | Construction Law
A 17.5 acre project that costs $90.5 million could be an Arizona contractor's dream, or a nightmare if something were to go wrong. A money-making project can easily have its profits eaten up if the building process has any delays or if problems are created during the...
Values of Phoenix homes increased by double-digit percentages
On behalf of Faith, Ledyard & Faith, PLC | Mar 5, 2014 | Real Estate Transactions
During the great recession, property values were crushingly low and many Arizona residents likely hesitated to get into the real estate market. Without knowing how long the recession would last, it may have seemed foolish to purchase a home or invest in real estate....



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