When the Veteran buys your home

The VA appraiser is looking not only for the home to appraise for value, but also that the property meets the safety standards required by the VA. The veteran deserves a clean and safe home. The VA appraisal can be a concern to a seller. This extra level of scrutiny added to the myth that VA appraisals are tougher to appraise for value makes a seller nervous and concerned about their extra costs to sell.

Continue Reading

The HOA-Tough love

Beverly HillbilliesIt’s about time someone stood up for the issuer of tough love: the HOA.  Lovers of the right to own property in a free society will screw up their faces at the mention of a Home Owner’s Association. Who needs someone telling you what 12 colors of dirt you can use to paint your house, and then charging you for the privilege?  Maybe I want to paint my house purple, or never weed the yard, or leave my car in the driveway since I have exercised my right to exercise and my garage is a gym.

One of Home Owner’s Associations greatest values is they help the homeowner maintain the value of their property.  A healthy HOA, with reasonable by-laws and competent leadership can add great value to your investment.  Those home buyers who don’t want to be told what to do have the option to live in another area, and those who want a consistent experience should not fear the HOA.

(more…)

Continue Reading

Taking Title to Property in Arizona

Home ownership!  You have found your dream home, and before you close the Title Company calls to ask you how you would like to  take title.  What?  How can you know!  If this is your first home, or your first in Arizona, this question may be puzzling.   What are your choices?  What can happen if you die?  What about your heirs?  What about estate taxes?  What if you own a home with someone you are not married to?  What if you and your neighbors want to “go in” to buy the vacant lot behind your houses to preserve your view and privacy?   Taking title may have significant legal, estate planning, and tax consequences.  You should seek legal and tax advice from qualified professionals.

(more…)

Continue Reading
Close Menu