Phoenix, AZ
Real estate Lawyer at Phoenix, AZ
Practice Areas: Real Estate
With a lease purchase, buyer and seller execute both a lease agreement and a purchase contract simultaneously. At the closing date, which is often simultaneous with the ending of the lease term, the b...
See Full GuideA Contract for Deed (also called a Land Contract or Agreement for Sale) is special type of real estate contract where the seller finances the purchase price and the buyer pays off the amount owed to t...
See Full GuideWhen a couple divorces, there is often an issue with what ought to be done with the real property. Frequently the divorce decree will order one of the parties to either refinance or sell the home to s...
See Full GuideSellers are obligated by Arizona common law to disclose all known material facts about a property to the buyer. Many people do not understand that disclosure is of enormous benefit to the seller. Impo...
See Full GuideYou are note required by law to hire a real estate agent to sell a property. When you sell on your own, this is referred to as For Sale By Owner (FSBO). There are advantages and disadvantages to doing...
See Full GuideA seller is not required by law to sell a property using a real estate agent. You can sell a property yourself and save the money that you would have paid in commission. There are legal requirements t...
See Full GuideThere are many alternatives available to sellers who want to offer financing to buyers of their properties. Seller financing can be beneficial to both buyer and seller. Buyer is given an opportunity to...
See Full Guide1. Borrower breaches contract by missing payments and thus going into default. Each agreement specifies the number of months late required for borrower to be in default. 2. Lender may send Notice...
See Full GuideBe advised that short sales do not generally provide an opportunity to snatch up a property for less than market value. The lenders and investors that have a lien on the property ultimately must approv...
See Full GuideMortgage, Deed of Trust, Foreclosure, and Trustee's Sale laws vary from state to state. Readers are urged to contact a local real estate attorney promptly to answer specific questions. Here are some g...
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