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Blogs (page 5)

Arizona Property Tax Liens And Mers

By Platt & Westby, P.C. | February 6, 2018 | 0 Comments

A recent case illustrates at least one of the pitfalls for those who invest in property tax liens. In Delo v. GMAC Mortgage, an investor (Delo) purchased a property tax lien on a property that had been acquired by Pinal County. Mr. Delo paid the outstanding property taxes and received an assignment from the County.

Following the three year waiting period for the owners to redeem the property tax lien by paying the past due taxes (plus interest), Mr. Delo proceeded to foreclose. Neither the owners nor the lenders defended and Mr. Delo obtained a default judgment.

However, while Mr. Delo’s lawsuit was proceeding, the lender on the property initiated a separate non-judicial foreclosure proceeding on the property. The original lender was EquiFirst with MERS (Mortgage Electronic Registration System) “as a nominee for Lender and Lender’s successors and assigns” and as “the beneficiary under the Security Instrument” and as legal title holder.

Removal of Expired Deed of Trust

By Platt & Westby, P.C. | January 25, 2018 | 0 Comments
Have you not made a payment on a real estate loan for years but the lender has not foreclosed? You may be able to free up equity. Learn more here.

VIDEO: Relocation of Minor Children

By Platt & Westby, P.C. | January 16, 2018 | 0 Comments
Platt & Westby, P.C. attorney, Elizabeth Westby, discusses relocation of minor children…

Litigation 101

By Platt & Westby, P.C. | January 8, 2018 | 0 Comments
Learn about litigation and how to decide whether your claim is worth your time in court.

Overview of a Lawsuit

By Platt & Westby, P.C. | December 28, 2017 | 0 Comments
The term lawsuit has come to have a negative connotation, however, there…

Deed of Release By Heirs

By Platt & Westby, P.C. | December 19, 2017 | 0 Comments
Buying and selling real property is an exciting and daunting prospect for…

VIDEO: Which of My Debts Can Be Discharged in Bankruptcy?

By Platt & Westby, P.C. | November 28, 2017 | 0 Comments
There are many misconceptions about what kind of debt can be discharged…

What is Arbitration?

By Platt & Westby, P.C. | November 28, 2017 | 0 Comments
Arbitration is one of many forms of Alternative Dispute Resolution (ADR). Arbitration…

What to Expect in an Eviction Action

By Platt & Westby, P.C. | November 22, 2017 | 0 Comments
Eviction, or forcible detainer as it is known in Arizona, is the…

VIDEO: What to Look for in a Lawyer

By Platt & Westby, P.C. | November 8, 2017 | 0 Comments
What to look for in choosing a lawyer Choosing a lawyer can…

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