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How did the Atari Hotel Come to Phoenix?

In the 1980s, when the company Atari introduced its video game system to the U.S. market, it became an overnight sensation. Games like Pac-Man, Centipede, and Asteroids soon became fused into the decade’s identity. It was impossible to predict then, that forty years later, the company would announce plans to…

Banner Health is Planning a New Sports Medicine Facility for Scottsdale

In December of 2020, Banner Health and real estate developer Alter announced plans for an 80,000-square-foot, three-story sports medicine center. The $54 million facility will be located at the Riverwalk mixed-use development, located along the Loop 101 at Indian Bend Road in Scottsdale. The new center will be a one-stop-shop…

What is Happening with 1031 Exchanges and How Could it Impact Arizona Investors?

When someone realizes a profit from selling real property, there could be significant capital gains tax liability. However, selling and buying multiple properties is often a central part of real estate investment. Fortunately, a real estate investor can use a 1031 exchange to delay or defer capital gains taxes after…

What Happens When You Buy or Sell a Home “As-Is?”

When searching for a new home in a competitive market such as Maricopa County, it can be challenging to find a property that meets all of your criteria. Often, newly-listed real estate will have multiple offers as soon as it reaches the Multiple Listing Service (MLS). Under these circumstances, a…

Understanding Your Arizona Partition Action

In Arizona, when two or more people own property together and disagree about its use, one or more of them can file a partition action.? This circumstance frequently arises during a divorce, when relatives inherit property together, or when business investors decide they would like to go in different directions.?…

Why Surprise, Arizona may be the Site of Your Next Real Estate Investment

In Maricopa County, East Valley communities such as Scottsdale, Chandler, and Metro Phoenix have long been popular with those looking to invest in real estate. However, in recent years, the West Valley has experienced significant residential and commercial expansion, making it an attractive option for today?s buyers. One West Valley…

Changes to the Arizona Condominiums Termination Law

If you are a condominium owner, you may have heard of the Arizona Condominium Termination Law.? This controversial statute allows investors who acquire 80% of the condominiums in a property to force the owners of the remaining 20% to sell their properties.? Even worse, the value of their property will…

The Best Places to Retire in Arizona

With its warm weather, favorable tax laws, and beautiful desert scenery, Arizona has long been an attractive retirement destination.? For some, spending winters in the state and living elsewhere the remainder of the year is an appealing option.? For others, year-round Arizona retirement living is the best choice.? Whatever you…

What to Expect in Today?s Mortgage Lending Market

The real estate market can be unpredictable in general.? Home values and sales can boom one year and crash the next.? Not surprisingly, mortgage lending practices tend to closely follow the activities in the housing market.?? For Arizona residents looking to buy or sell real estate, it is essential to…

Understanding Your Arizona Real Estate Purchase Contract

Buying a home can be an overwhelming process. First, there is the matter of locating the right property. Then you have to calculate your bid, pay earnest money, and hope that the amount you have offered aligns with the seller’s expectations. Once the seller accepts your offer, you are in…