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Should I Invest in the Arizona Short-Term Rental Market?

Short-term rentals have become a popular way for people to make money and invest in real estate. With companies such as Airbnb becoming commonplace, many owners have been able to use these kinds of properties to generate regular sources of rental income. If you are considering making a real estate…
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I have an Easement on my Arizona Property What does that mean

I have an Easement on my Arizona Property: What does that mean?

When you are buying Arizona property that comes with an easement, it’s important to understand the implications.? Here is what you need to know about having an easement on your Arizona property: What is an Easement? An easement is another person?s or entities? right to use land which belongs to…
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How to Avoid a Real Estate Purchase Contract Breach

How to Avoid a Real Estate Purchase Contract Breach

When parties enter into a real estate contract, both sides commit to following a process that will ultimately transfer property ownership. During the transaction, the seller’s responsibilities include disclosing material facts about the structure or land, making the property available for the buyer’s inspection, maintaining it during the pendency of…
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In Arizona, using solar power for your home seems like a logical way to save money on your monthly energy bills. If you talk to one of the many companies who offer installation, representatives will undoubtedly tell you about all of the benefits of having solar power in the Grand Canyon State. However, solar panels are expensive and there are several variables to consider before making this kind of investment. Here are some considerations for those who are wondering: Should I convert to solar power for my home? Your Home?s Energy Efficiency It's essential to start the process with full awareness of your home's current energy efficiency. If your residence needs updates such as window replacements, insulation work, or air duct repair, a conversion may not be as beneficial. In this situation, it may make more sense to make the necessary improvements before adding a solar energy system. Additionally, an energy-efficient home is likely to need fewer solar panels, thereby cutting down on the overall costs. Landscaping Issues If you have extensive landscaping, you should be aware that installing solar energy may require removing trees from your property or cutting limbs. Although trees provide shade and relief from the Arizona sun, they may interfere with panels receiving direct sunlight. Homeowners in this situation will have to assess whether solar panels provide enough benefits to justify losing or altering established trees. However, there may be ways to get around cutting limbs and removing trees, so it's important to explore these options before making a decision. Home Owner?s Associations If you live in a community with a Home Owner?s Association (HOA), you will need to check whether any restrictions will prevent you from going forward with the installation. Arizona law prohibits HOAs from banning the installation of a solar energy device. However, an HOA ?may adopt reasonable rules regarding the placement of a solar energy device if those rules do not prevent the installation, impair the functioning of the device or restrict its use or adversely affect the cost or efficiency of the device.? It would be advisable to find out as much as you can about your HOA's applicable rules before paying a deposit or signing a solar energy installation contract. How Long do You Plan to Live in the Home? Arizona homeowners lease or buy solar panels. If you plan on leasing and then need to move before your term has finished, a subsequent owner may or may not be able to take over your lease. Leased panels don?t add value to a home upon resale because they are not part of the home. Anyone buying the property will have to qualify to take over the lease, and if they can?t, you may have to pay a penalty to end your contract. If you are considering buying solar equipment and know you plan to sell, you should talk with a real estate attorney to assess how the addition will impact your home?s selling price and marketability. In some cases, installing a solar energy system can be economical as well as environmentally friendly. However, the degree to which you may benefit depends on multiple variables. Additionally, prices for these systems can vary tremendously, and it's important to get estimates from multiple companies before getting started. You should also consult with an experienced Arizona real estate attorney to discuss the pros and cons of adding solar energy to your home. Laura B. Bramnick is an experienced Arizona real estate attorney who can help you examine all aspects of your solar energy addition and any related real estate issues. If you are seeking an exceptional, client-driven real estate lawyer in Scottsdale, Phoenix, Sedona, and throughout the State of Arizona, contact Laura B. Bramnick to schedule your consultation.

Should I Covert to Solar Power for my Arizona Home?

In Arizona, using solar power for your home seems like a logical way to save money on your monthly energy bills. If you talk to one of the many companies who offer installation, representatives will undoubtedly tell you about all of the benefits of having solar power in the Grand…
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Luxury Sustainable Living Developments in Scottsdale

Luxury Sustainable Living Developments in Scottsdale

Today, high-end homes with design details that protect the environment and skillfully preserve natural resources have become the very definition of elegance and distinction. Right now, someone in the market for an Arizona luxury home with award-winning environmental design specifications may find their ideal home at 7180 Optima Kierland. Here…
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Why Surprise, Arizona may be the Site of Your Next Real Estate Investment

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…
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What You Need to Know About Your Arizona Deed

What You Need to Know About Your Arizona Deed

When buying and selling Arizona property, you will encounter several legal documents.? Your deed is the instrument which legally transfers ownership of a property from one owner to the other. ?However, there are different types of deeds used to convey property.? Here is what you need to know about your…
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A New Apartment Development is Coming to Mesa

A New Apartment Development is Coming to Mesa

East of Phoenix, Mesa, Arizona, has fine dining, culture, higher education, and desirable community living. As the starting point to the Valley’s light rail system, this conveniently located town is becoming an increasingly popular residential destination. With Maricopa County’s increased housing demand, a new apartment development coming to Mesa will…
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