Arizona Real Estate Law

Sharing Property Losses

My partner and I bought a piece of land 5 years ago. It was for $420,000. I paid half cash, about $210,000 and my partner agreed to make monthly payments until it was paid off. The value of the land went way down and my partner stopped making payments. In 5 years, he made about […]

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Can a voluntary dismissal “without prejudice” still give rise to a malicious prosecution claim?

If a party who brings a civil action (without probable cause and with ulterior motives) against a Defendant voluntarily dismisses their own suit without prejudice, is it is ever possible that the original Defendant may still potentially bring a future malicious prosecution claim against the original Plaintiff? Or, does a voluntary dismissal without prejudice ALWAYS/automatically […]

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Should we refinance for a 15 year term or 30 year again?

We are under water and planning to take advantage of the new HARP program coming out in March to help home owners that are current and more than 125% under. We want to refinance to get a lower rate. We are currently at 6.5%. We want to move to a better neighborhood as soon as […]

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Arizona Real Estate Civil Law Suit

Q: If I am involved in a civil law suit about a real estate partnership based on a verbal agreement and the partners were me wife the plaintiff and his girlfriend. They are suing, in addition to me personally, my LLC’s. My LLC’s were in no way involved in this partnership. No bank accounts, the […]

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