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!
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...
Seller Financing Restrictions.
If you are thinking of selling your property with a carry back loan, the Dodd-Frank Act created rules applying to residential seller financing. A carry back loan makes a property more attractive as a buyer doesn’t have to come up with the entire purchase price in...
Horrifying Home Stories for Halloween, #2.
An agent checked out a new listing of an old home. All of the bedrooms of the home were in the basement. The agent walked down the stairs into a long, dark hallway that lead to what appeared to be the master bedroom. Every turn she took in that room she felt someone...