Thank God that Governor Brewer signed the legislation repealing SB 1271 here in Arizona. I had reviewed the implications of the law with Mark Winsor, attorney athere in Arizona that specialized in bankruptcy. Mark explained to me how the law was flawed and needed to be repealed. I can’t claim to properly explain it to…Read More→
BANKS WIN, HUGE CHANGE TO ANTI-DEFICIENCY LAWS IN AZ
Wow, this one blind sided me. Here we are working so hard to get through this real estate mess and the legislature smacks us in the teeth. With this new law investors will now seek bankruptcy in lieu of selling an investment property through a short sale. I have 4 or 5 investment properties under…Read More→
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