The Arizona Department of Real Estate is now posting a list of builders who are in bankruptcy or having financial trouble. This list will help Real Estate Licensees and the public. The list of known builders is available at the Department’s website www.AzRe.gov
According to the Arizona Department of Real Estate, most of the builders in Arizona are meeting their obligations, but there are some who are having problems meeting their commitments to consumers.
“Homebuyers and their real estate agents have the right to know if a builder is in financial trouble and what the status of their earnest money or home completion is. The Department of Real Estate can help provide this information and give assistance to consumers in need,” stated Sam Wercinski, Arizona’s Real Estate Commissioner.
Remember, if you are thinking of buying a new construction home, call your Realtor first. You have the right to buyers representation as long as you take your Realtor into the site office the first time you go. The fee for your representation is already negotiated and paid by the seller (builder) at close of escrow (recordation).
If you would like more information about the Builder Broker code, contact your Realtor as well.
Tony Ray
What a great weekend it turned out to be for the Rainbow Festival in Phoenix. Darren and I went there to let people know about Tucson Gay Pride, The Paragon Party and the Sunday tea dance (GLOW).
The weather was perfect, a little overcast with a temperature of about 85 degrees.
We stayed at a gay bed and breakfast called the Arizona Sunburst Inn, which was about 13 minutes away. The Inn was like a home away from home. It had all the amenities without the hotel feel.
If you haven’t gone to the Rainbow Festival, plan to go next year. It is a fun time, easy road trip and something different to do.
For those of you who contacted me about the property on Paseo Alegre, it has sold and recorded. It was only on the market for 30 days and had a quick closing. There are still others similar for sale in the same neighborhood. Call me if you would like information on any of those homes.
Tony Ray Baker
Latest posts by Tony Ray Baker (see all)
- Tucson Pride 2025: A Community Vision for the Future of Pride – October 16, 2024
- Why LGBTQ+ Families Should Move to Tucson: A Haven for Outdoor Adventure, Sports and Community – September 11, 2024
- How LGBTQ First Time Home Buyers Can Save Money with Down Payment Assistance Programs in Tucson – August 13, 2024
Tony Ray
(520) 631-TONY (8669)
www.SeeTucsonHomes.com
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Tony Ray Baker, Realtor®: TonyRay@GayTucson.com
Licensed Real Estate agent in Tucson Arizona with RE/MAX Select
