The following information is provided by AZREIA Business Associate Zona Law Group P.C. As we reported previously, the Consumer Financial Protection Bureau ("CFPB") has published an order that debt collectors must notify residents that they have rights under the CDC moratorium in any eviction notice or eviction action. It is unclear whether this applies to [...]
With a new administration at the helm, there has been talk of revamping the current three-company approach for credit reporting agencies in order to bridge potential disparate treatment and help eliminate racial bias. There have also been rumblings within the Biden Administration of doing away with the three-bureau approach altogether. Many consumers know that managing [...]
Q: I am buying a house and the seller wants to stay in the property. What is the best way to structure the transaction such that I don’t have problems in the future if they fail to move? A: This is not a one-answer-fits-all scenario and how you proceed depends upon what you are concerned [...]
… The Trend is Your Friend While there are a number of useful inputs to the value of a certain property, an interesting phenomena of use to rehabbers is the nature of buyers and sellers. One useful input comes from the field of economics in the form of what is called a population pyramid, this [...]
Should I wait for a downturn to buy? Throughout Maricopa County the inventory shortage is prompting bidding wars and rising housing prices. The value of houses in Arizona has grown by 130% over the last 8 years. These rates continued to increase during the first year of COVID, posting nearly a 16% increase, and are [...]
Einstein reportedly said that “compounding interest is the Eighth Wonder of the World. He who understands it, earns it. He who doesn’t, pays it.” Whether this quote actually came from him is irrelevant when we look at the truth behind the statement. First let’s review how compound interest works, then the negative and positive applications. [...]