Phoenix, Arizona is located in Maricopa County and with over 1,000,000 residents, it is the largest capital city in the United States. Residents proudly refer to themselves as "Phoenicians." The nickname derives its meaning from ancient Greece where the land of the Phoenicians was noted for its red skies in the morning. Also known as "The Valley of the Sun," Phoenix has a subtropical desert climate Phoenicians prefer to describe as a "dry" heat.
Real Estate in Phoenix
Phoenix is known for its mix of industrial, commercial and residential markets making it a hot spot for real estate needs. Currently, in the residential market, buyers are snatching up anything from small single family homes in older neighborhoods to downtown million dollar lofts! This is a great change from just a few years ago after the real estate market crashed and homes were available in every neighborhood being sold for far less than their appraised value. Today many buyers are coming to the table with cash offers, willing to purchse over the asking price. This is great news for Phoenix's economic climate and of course, real estate transactions. As for the commercial market, land in Phoenix is relatively nonexistent. Therefore, most of the commercial growth is extending upwards.
What Can a Real Estate Attorney Do For Me?
Whether residential or commercial, the process of buying, selling, and leasing are contract driven. With today's access to internet, many individuals believe they can become real estate savvy with just a few clicks of the mouse. However, every real estate transaction is personalized to a single piece of property and as with anything unique, the time and consideration placed in advance to entering into an agreement is the best protection one can gain for their property interests. It is quite overwhelming when considering the many potential problems one could face while buying, owning, or selling a piece of property. There are possible property disputes including: adverse possession; easements; quiet title actions; property line disputes; and deficiency claims to name a few. There can be transaction disputes like: negotiation of the purchase contract; the interpretation and enforcement of contracts, covenants, and security instruments; title disputes; options to sell or lease; specific performance. Commercial transactions come with their own set of variables including but not limited to: buying and selling of buildings; land development issues; purchase and sale agreements; option agreements; leases and subleases; lease purchase transactions; title issues; project financing and lease modifications.
As you can see, with so many moving parts it is no wonder Real Estate Litigation is a popular reason to employ an attorney. In addition, Arizona Realtors are only mandated to have a GED and no higher education to be eligible for their license. Employing an attorney is the only means of ensuring your real estate transaction is set up correctly, within the parameters of the law, providing you the best means of ownership interest.
That is why choosing an experienced, caring and knowledgeable attorney is one of the most important decisions you can make. The Phoenix Real Estate Lawyers at Platt & Westby, P.C., utilize their nearly 40 years of experience to work on behalf of those who find themselves in need of Real Estate services and will walk you through this process step by step. Platt & Westby, P.C., takes pride in the care of their clients and will set you up for future financial success.
Platt & Westby, P.C. is located in the heart of Phoenix at the corner of 7th Avenue and Thomas Road. Also available are convenient valley locations in Goodyear, Glendale and Gilbert as well. Call 602-277-4441 today for a free and confidential appointment to discuss your Real Estate questions and solutions.