So, you have likely heard it pitched that there is little risk investing in tax liens. By and large, that maxim rings true. Most people purchase tax liens because they can achieve a very high interest rate and know that the lien they have purchased is secured by the underlying real property. The dynamics of … [Read more…]
When does an Arizona tax lien certificate of purchase expire? This was the only issue in Span v. Maricopa County Treasurer, a 2014 Arizona Court of Appeals decision. While this decision may not be used to cite as precedent in any case by an attorney, the discussion from the Court is useful for anyone holding … [Read more…]
The Arizona Daily Star reports that Farmers Investment Co., which owns nearly 7,000 acres stretching nearly fourteen miles from Pima Mine Road to Continental Road in the Sahuarita and Green Valley area is looking to how to plan for the long-term use of this giant expanse. The Sahuarita Planning and Zoning Commission will weigh in … [Read more…]
The long-standing issue of federal preemption in the immigration context has found a new corollary in the battle over how states, counties, and municipalities are dealing with the rise in drone use. As drone use continues to increase, states and municipalities are trying to determine whether their broad police powers are sufficient to regulate drones, … [Read more…]
Here are some sobering figures from John Burns Real Estate Consulting on how the meteoric rise in student loan debt is having a very appreciable effect on the housing market. Student debt has ballooned from $241 billion to $1.1 trillion in just 11 years. 29 million of the 86 million people aged 20–39 have some … [Read more…]
A recent article by Michael Booth in the admittedly conservative online magazine American Thinker posits that the much of the blame for the housing crisis can be traced to the Democrat’s “affirmative credit” policies. Booth argues that the naming of Michael Raines as the CEO of Fannie Mae turned Fannie Mae into a Democratic “campaign … [Read more…]
The Securities and Exchange Commission today announced a massive global settlement between Bank of America and the US Justice Department, other federal agencies (including the Securities and Exchange Commission, the Federal Housing Administration, and Ginnie Mae), and six states, to resolve claims connected to toxic residential mortgage-backed securities, collateralized debt obligations and an origination release … [Read more…]
Bloomberg Businessweek recently reported that a growing number of Americans aged 50 and older still have not paid off their student loans. While people aged 50 and older hold only 17% of all student loan debt in the United States, this group has nearly three times as much debt as it did in 2005, according … [Read more…]