Blog
N. Mark Kramoltz, JD, GRI, CIPS writes blog articles on the metro Phoenix, Arizona, national and global real estate markets. Written from his perspective as a designated broker and real estate attorney, his articles avoid the inaccuracies and vacuous industry propaganda common to most real estate writings. He also blogs about animals (mostly dogs in the military) due to his love of pets and military history.
Property Investment Basics, Part 1.
The return on investment in income property is tied to two basic economic components: the annual net income it produces, plus the proceeds of refinancing or sale. Therefore the total return on a real property asset is a combination of annual returns and the final...
Get Home Buying Help, Part 3.
Get an Advocate. The most important advantage of real estate representation is having an advocate that puts your interests ahead of all others. A good agent can look at any given situation, give you advice and options, and attempt to obtain the terms you need so you...
Scottsdale is No. 1.
Scottsdale, Arizona is the best city in the U.S. to find a job in according to Wallethub.
Buying a Oceanside Home in Mexico.
When purchasing coastal property in Mexico, a Fideicomiso is necessary. A Fideicomiso is a living trust format, used to circumvent the prohibition against the acquisition of ocean front land by non-Mexican citizens. Its probable origin is the fideicommissum originated...
Checking on Your New Build Home.
The purchase of a new home is different from that of a resale due to the construction required. You should try monitor the building process to the extent possible. This includes regularly visiting the site and taking pictures. The best times are when framing, plumbing...
Where did Trusts Originate?
The modern Anglo-American trust is a unique legal device. In the U.S. we use trusts primary as methods to hold and convey property, often to heirs as an estate planning device. There are a couple of theories concerning the origin of the trust, with the latest being...
Get Home Buying Help, Part 2.
Get a Good Deal. When you don't have an agent, finding the perfect home is a challenge. Agents see homes enter and leave the market every day - homes with diverse styles, prices, and neighborhoods. Agents are able to see when patterns emerge, and can tell you if a...
Colorado Legalizes Rain Barrels.
Until recently it was believed to be illegal to connect a down spout to a rain barrel in most urban areas in Colorado. Rain barrels are a great way to collect periodic rainfall for garden use - I have three with 40 gallons capacity each. The problem in Colorado was an...
Get Home Buying Help, Part 1.
Get What You Want. Shopping for a new home can be a daunting task. You may know exactly what you want or a good idea of what you're looking for, but you still have to find it. That can mean countless hours of scouring listing after listing, poring over every minute...