Rentals Phoenix

Second Home versus Investment Property

November 5, 2010

Arizona is large haven for winter visitors- many of whom own a home here.  I have had a few people beg the question: “Is there a difference between an investment and a second home?”  Below is the answer from a lender here in Phoenix. Question: My client purchased a house as a second home.   When [...]

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Rentals…Who is there to help?

November 5, 2010

In the Phoenix real estate market, I am usually helping clients short sell their homes, meaning the Seller is making $0 from the sale of their home.  So what is next for the Seller?  Where will they move?  What is their plan? First, I will say most Sellers have a general sense of relief, they [...]

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What Happens to Tenants after Foreclosure in Arizona

September 24, 2010

No matter what your stance is on the current real estate market, I think most people can agree that going through a foreclosure is a tough situation.  As we have discussed before, Arizona is one of the hardest hit states in the entire United States, followed closely by Michigan, Florida, Nevada and some parts of [...]

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