Finding commercial properties at foreclosure sales feels like striking gold in today's competitive market. After all, promises of below-market prices and high returns are hard to ignore. However, many rush into these sales and end up making costly mistakes. Whether...
Real Estate Transactions
Key points of multi-use property purchase agreements
Buying a multi-use commercial property can be exciting, but it comes with unique challenges that need careful attention. Let us explore the key points that can make or break your investment. Zoning matters Multi-use properties must comply with local zoning laws. For...
Neighbor’s construction encroaching on your property? Know your rights
Property lines define your land, but what happens when a neighbor's new construction crosses that boundary? Encroachment issues can catch homeowners off guard and lead to considerable stress. Knowing your rights and options in Arizona can give you the tools to tackle...
What to consider before buying a commercial property
Investing in commercial properties could be a great way to obtain secure and steady sources of income. Because of the possible benefits, you may feel excited about going through with the purchase. However, you may end up in challenging situations if you proceed...
When should you walk away from a real estate deal?
Commercial real estate transactions in Arizona can be complex. While you might expect a lot of negotiation, sometimes you may feel as if the negotiations are just not going anywhere and wonder if you should walk away. The truth is that sometimes walking away is the...
Commercial buildings and zoning to be impacted by new Arizona law
Arizona real estate law can be complicated and those who are involved in the industry must stay up to date on changes as they come about. Some of these changes fundamentally impact how land is utilized. That can include zoning issues, which are a frequent obstacle for...
What are some common legal issues house flippers face?
Several television shows have popularized house flipping. These shows may make the process seem more glamorous than it actually is, but with a combination of ability, work and luck, an Arizona resident can indeed make a decent living by buying, re-furbishing and then...
What is inverse condemnation?
Our readers who are familiar with previous posts here probably already know a bit about eminent domain and how that legal concept might impact their property rights. In short, eminent domain is the process by which a governmental entity or other authorized entity can...
Eminent domain and your right to condemnation proceedings
When you purchase a home, land or a business, you are under the impression that this real property is yours in its entirety. Essentially, a property owner is the owner of the land as it is described in the deed. However, certain events might alter the lot lines of...
Avoid these mistakes when seeking a zoning variance
If you need a zoning variance to further your business interests, then you have to know how to navigate the process. If you don’t, then you could see your variance application denied, which puts you and your business in a tough spot. As you prepare to seek a variance...