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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!
Do You Have an Easement? Part 4.
No Right to Change. Some of the more important considerations when granting an easement include that there is no legal right to terminate or alter its location without the consent of the benefitted property owner. So if years after an easement is granted, the burdened...
Don’t be Held Hostage by a Probate.
Probate avoidance is a primary consideration for estate planners and their clients. A revocable trust is usually the vehicle of choice for making non-probate transfers. But real estate must be re-titled in the name of the trust to make a transfer to the trust...
Where have all Canadians Gone?
April of 2018 saw the lowest number of sales of metro Phoenix area homes to Canadian buyers since 2009. Canadian sales peaked in April of 2011, but since then the declining Canadian dollar and our healthy real estate market has taken a toll. As a result, more...
Bing the Parachuting Dog.
An Alsatian and Collie cross, Bing made more than 20 parachute jumps in World War II. He joined the British army in 1944, and his first action was in Normandy on D-Day. It wasn’t all smooth sailing - he had to be 'helped' out of the plane with a piece of meat, and...
How to Assess the Cost of a Fixer-Upper, Part 1.
When you buy a fixer-upper property, follow these tips to avoid getting in a financial fix: 1. Get Inspections. These are key to determine whether a fixer-upper is worth it. A home inspector can uncover hidden issues in need of replacement or repair, such as...
Do You Have an Easement? Part 3.
Exclusivity and Costs. Easements typically grant exclusive use of the easement area to the recipient unless they provide that the easement is nonexclusive. Of course, shared driveways should always be granted on a nonexclusive basis, and so should utility and drainage...