What is housing discrimination?

Housing discrimination is discrimination against any person seeking to rent a home or to purchase a home or to secure financing for a home or to sell a home on the basis of their race, color, national origin, religion, sex, family status, or mental or physical disability.

Since 1992, The U.S. Department of Veterans’ Affairs has offered a direct loan program for eligible Native American Veterans who want to buy or build a home on federal trust lands.  Private mortgage lenders will not make home loans for houses located on federal trust land. That includes the private lenders who make traditional VA loans.  Banks and mortgage companies are in business to make money.  They know that tribes are sovereign nations where state laws do not apply.  That makes it almost impossible for them to get a security interest in a home located on federal trust land.  How do they foreclose if the borrower defaults? With no private mortgage funding available, Native American Veterans living on the reservation needed a mechanism to help them purchase a home.


What is a stipulated judgment?

A “stipulated judgment” – which is sometimes also called a “consent judgment” – is a voluntary agreement between the parties involved in a legal dispute that operates to settle the case. First, each party specifically states – or “stipulates” – in a signed writing that they wish to be legally bound by the terms of the agreement. That agreement is then brought to a judge, who reviews it to make sure that its content is consistent with the law and is fair to both parties. Once the judge has approved the agreement, it becomes an official judgment of the court, which means that the parties must obey it.

A quitclaim deed is a type of real property deed. This article provides a brief introduction to the topic of real property deeds and describes the major differences between quitclaim deeds and warranty deeds.

Under Arizona law, the presence of bedbugs in a hotel or other place where sleeping accommodations are offered to the public is considered to be a public nuisance which is dangerous to the public health. Any person who maintains such a nuisance will be served with an order requiring that they remove the bedbugs immediately (A.R.S. § 36-601(A)).

We have all seen famous actors on television advertising reverse mortgages and talking about how they provide seniors with a stream of income for their old age by tapping into the equity in their homes.  It sounds great!  But is it?  While there may be real benefits for some people, reverse mortgages come with high costs and other serious drawbacks you need to consider.  The more you know about reverse mortgages, the better equipped you will be to make a sound financial decision about something as important as your home.

After a foreclosure is complete and the home is sold, a borrower may still owe money if the sale price of the house was not large enough to cover the amount owed on the loan, this is called a deficiency.  In many cases borrowers are protected from a deficiency by Arizona’s anti-deficiency statutes, which prevent lenders from pursuing the borrower if the home is sold for less than the total owed on the home loan. 

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This website has been prepared for general information purposes only. The information on this website is not legal advice. Legal advice is dependent upon the specific circumstances of each situation. Also, the law may vary from state-to-state or county-to-county, so that some information in this website may not be correct for your situation. Finally, the information contained on this website is not guaranteed to be up to date. Therefore, the information contained in this website cannot replace the advice of competent legal counsel licensed in your jurisdiction.

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