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Real Estate: Arizona/Experts

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Bill Iannelli

U.S.
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Anything to do with residental real estate: Disclosure, title issues, buyer and seller representation, foreclosure, ethics, rentals, landlord rights, evictions, inspection, time frames, Arizona purchase contract.

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2009-11-06 short sale taxes:

If you are the only one on the title and note the IRS will probably make you responsible for the taxes. Check with an accountant to make sure. If you did not realize any gain from the property and the

2009-11-06 Writ of Restitution Eviction date extention:

If you are not out on the 9th the sheriff or constable will come out and tell you to leave. Sometimes they give a day or two for you to pack up your belongings. You won't get an extra week after missing

2009-10-20 Foreclosure tax questions:

You should be ok but that does not mean the bank won't try to come after you for the taxes even though they may be wrong. If the money was purchase money to buy the home and you did not realize a gain

2009-10-15 rental foreclosure:

Once again this depends if the property is owner occupied and if the money borrowed was purchase money on the condo. If all the money was purchase money and not refinanced money where you took it out

2009-10-15 Eviction:

You still have to live up to the terms and conditions of your lease with regard to paying rent. Of course so does the owner. If he is planning on letting the house go you need to have that conversation

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