Is buying a property tax lien always a ‘win-win’ bet?

Question: Our son recently graduated from college with a finance degree. He is convinced that the way to make a fortune is to buy property tax liens for ‘pennies on the dollar’ at the auctions by the treasurer’s office for delinquent property taxes, held every year in February. Our son says that if, after at…

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What Qualifications Do Real Estate Agents Need?

Question: In a recent column you said that, under Article 26 of the Arizona Constitution, a real estate agent has the right to practice law, e.g., draft purchase contracts or leases in a real estate transaction. We recently moved to Arizona from West Virginia, and we are planning on buying a new home from a…

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Can Seller Cancel Listing Agreement?

Question: We signed a listing agreement to sell our Glendale home for $780,000. Our listing agent said that she had listed and sold 16 homes in our subdivision. Although our listing agent said that the listing price of $780,000 was too high, we were in no rush to sell our home in this “booming” market.…

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