What is the Probate Process in Arizona and When Is It Required?

What is Probate in Arizona? Probate refers to the process in which the court selects someone called a personal representative (“PR”), for the estate of someone who died, and then the PR wraps up the deceased person’s financial affairs. The PR is responsible for: Tracking down everything that the deceased person owned, and making a … Continued

Should I Call a Public Adjuster If My House Burns Down?

We recently had one of our rental homes burn down, in Phoenix, AZ. This is our first time going through this experience. I heard about the fire from the tenant on a Sunday night. Fortunately, no one had been home at the time. I drove over to check it out. I was expecting to see … Continued

What’s the Best Time of Year to Sell my Phoenix Area Home?

The general consensus is that spring is the best time to sell your house. But sales trends vary dramatically depending on your region. The chart below shows the data from the Phoenix metro area (including Phoenix, Mesa, and the surrounding cities), from the year 2015. And it looks like spring actually is the best time! … Continued

Drive by a Vacant House: Make $600

When I drive anywhere, I have my “vacant house radar” on. I’m looking for telltale signs, such as tall weeds and boarded up windows. I like to find vacant houses because I can try to contact the seller, buy the property, fix it up, and sell it for a profit. But what about you? What … Continued

How Your Credit Score is Calculated

Have you ever wondered how credit bureaus come up with your credit (FICO) score?  Here is the breakdown of how it is calculated: Payment History: 35% Current Amounts Owed: 30% Length of Credit History: 15% Inquiries/New Debt: 10% Types of Credit: 10% You can get your credit report for free at annualcreditreport.com.  

Where is the Phoenix Real Estate Market Headed in 2015?

The Phoenix, Arizona (Phoenix metro area) real estate market has been through some of the most significant ups and downs in the country over the last several years. In June 2006, at the apex of the bubble, the median home price across the greater Phoenix area reached a high of $280,000, with an average price … Continued