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Commercial Leases Favor Landlord

Commercial leases are long, detailed and usually favor the landlord. They do not have consumer protections like residential leases.  Therefore, it is important to read and understand all of its terms. It is helpful, and well worth the investment, to seek legal advice. It is common for the tenant to…
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Forgiveness on Forgiven Debt Extended Through 2014

Did you have a short sale or let your home foreclose in 2014? Did you negotiate a settlement with your lender? If so, you may be eligible for a tax exemption. The amount you owe, but don’t have to pay back, is considered forgiven debt. The IRS considers forgiven debt…
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Home Inspections When Purchasing Real Estate

The standard Arizona Association of Realtors purchase contract states that a buyer has ten days to conduct home inspections when purchasing real estate. This may not be enough and the contract allows a buyer to take more time to perform inspections but the buyer must specifically state in the contract…
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Loan Modifications Continue to Frustrate

I thought banks were supposed be more user-friendly when it comes to applying for a loan modification. There have been lawsuits against the big banks that have resulted in settlements and promises of fixing all of the problems consumers were having when applying for a loan modification. There have been…
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Why Use an Attorney for Real Estate Contracts?

Consulting a lawyer can be like going to the dentist – you have to do it to protect yourself, but it’s expensive and uncomfortable. My goal is to reduce or eliminate the pain and prevent permanent damage and the cost to repair the damage later on. How do I do…
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