Now that more of the rules of this Act have taken effect (January 10th, 2014 was the magic day), we all have questions about seller financing. Aside from the draconian rules implemented to damage the weak housing market further (see previous post) , some rules went into effect regarding seller financing of residential properties. I […]
Archive for the ‘real estate’ Category
Drones in the Hive
I’ve been thinking a bit about all the ramifications of the recent revelations that Amazon and UPS are talking about “smart” drone package delivery to a consumer’s doorstep. Presumably, autonomous unmanned aircraft are not far behind. I love technology. Still, in thinking about these aircraft in densely urbanized locations, my head starts to spin. UAVs […]
Buyer and Seller classes
Just a quick note, we will be teaching a couple of short (one hour) classes, one on the home buying process, one on the home selling process. We’ll also provide up-to-date market information for the Phoenix market. The home buyer class will answer questions like – - How do I know how much I can […]
Robbins’ Date With Destiny – An Insight
Each year for the past few, I have had the privilege of supporting Tony Robbins’ event, Date With Destiny. And every year, I try to find words to describe what these events are about — and every year I fail. Are they about motivation? Not really. Are they huge money makers for Robbins? Yes, but […]
Arizona Takings Law on Review in January, 2014
Around Thanksgiving, the Arizona Supreme Court agreed to hold argument and consider the appeal of the City of Phoenix (joined by a number of other political subdivisions from around the state) in the matter of City of Phoenix v. Garretson. This case was decided by the Arizona Court of Appeals earlier this year in an […]
Squatting takes on new meaning
I have previously written about a property I have been working on (for much too long), that involved a note purchase, then a foreclosure, then eviction of squatters. It has gotten even more interesting. When I evicted the squatters, they bought or somehow obtained a small camper, and they moved into it, along with […]
The Frank Dodd act -Otherwise known as the Wall Street Reform and Consumer Protection Act
Most legislation is created to solve a problem; for example, if there are too many people drowning on a beach, then a law might be passed to increase the number of lifeguards, or the hours of operation might be restricted, or some other action taken to address the problem. Most legislation includes the problem, the […]
Did you just ‘accidentally’ sell your new TV?
When we list homes for sale, most of us ask the seller if there is anything they don’t intend to sell. The standard Arizona real estate contract specifies what fixtures and personal property transfer in a sale. Most of the items mentioned are sensible, such as free-standing stoves, ceiling fans, outdoor landscaping, and the like. […]
What’s up with the real estate market (Phoenix)? September 2013
Last week I had lunch at an event arranged by a friend of mine, and the guest speaker was from the Cromford Report, a report that analyzes trends in the Phoenix market. A year ago, I went to the same event and he predicted that we would have a buying frenzy in the spring. Partially […]
The Real Estate Profession in Arizona
When I got my real estate license, my co-blogger and friend Mike told me that I would probably be able to pass the test without taking any classes. I had been an investor in real estate for a long time, and I decided to get my license because my flips had gone from 55k homes […]