Blog
Latest NewsN. 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. Due to his love of animals and military history, he also frequently writes about dogs, cats and horses that have played a role in military conflicts. Subscribe to his blog now!
Can You Ban VRBOs?
State law allows owners to rent out their homes short term, subject to certain administrative rules. So they can’t be banned by cities, and counties. But in response to “party house” type problems, state law allows cities to prohibit short-term rentals from hosting...
Get a Deduction for Pet Expenses.
SimplySOLD donates food and supplies and makes monetary contributions to local animal charities. You may do the same, and if you incur pet expenditures in your home, you could be entitled to a tax deduction. For example, taking care of or fostering a charity’s pets....
Shopable vs Negotiable Home Buying Costs.
A service is shopable in the home sale process if there are different providers which quote different prices. An example of shopable service costs are a home warranty and a home inspection. But escrow and title services (the biggest costs) are not really shopable in...
Kurt the Doberman.
Kurt was a Doberman that landed on Guam in WWII on July 23, 1944. The next day Kurt led Marines climbing the hill above the beachhead. It was a crucial moment, as the Americans were trying to secure a foothold on the island. Kurt set out, zigzagging in front of the...
Real Estate Best Investment.
Bankrate.com reports that 31% of people believe that #realestate is the best long term #investment to build wealth. The stock market was a distant second at 20%. The #Phoenix area’s home value growth shows this belief is reality.
HOA Renter Laws, Part 2.
In Part I of this blog (https://tinyurl.com/yxud3rpj), I discussed the limited info an HOA can request from renters. But what if those renters are short term, VRBO types. Can HOAs regulate or ban them? State laws prohibits it unless its already in the CC&Rs. The...