News
Property, Rentals, Transactions

Registration of Rental Properties Required in Maricopa County, or Risk Fine

December 15, 2009 - (RealEstateRama) — Owners of residential rental property (individuals, corporations, LLCs) are required to register with Maricopa County Assessor’s Office and update any status changes within 10 days, stipulated in Neighborhood Preservation Ordinance Sec. 39 – 48.

McCarty on Monroe, New Phoenix Senior Housing Apartments Open

Phoenix, AZ - October 19, 2009 - (RealEstateRama) — McCarty on Monroe today officially opened its doors to seniors age 62 and older. The new, modern, 69-unit apartment complex is on the property where Phoenix real estate broker Leon McCarty originally built quality and affordable housing for low-income families, particularly families of color, in 1963.

Homebuyers Offered Homeownership Assistance Information Sessions

Phoenix, AZ - June 30, 2009 - (RealEstateRama) — Potential homebuyers may qualify for $15,000 in down payment and closing cost assistance to help buy a foreclosed single family home, townhouse or condominium in the city of Phoenix.

Taxes for streetlights will drop for about 27,000 properties in special districts

June 22, 2009 - (RealEstateRama) — Property taxes that keep streetlights lit around 27,000 homes and businesses will drop next year, after the City Council voted June 16 to roll back funds being held in reserve for the city’s 355 separate streetlight tax districts.

Council set to lower property tax rate after budget approval

June 11, 2009 - (RealEstateRama) – The city’s share of local property tax bills, now about 11 percent, is expected to dip lower under a 2009-10 city budget and budget-related measures recently adopted by the City Council.

Renting out a home can earn tax breaks

If you’re having trouble selling your home in the current housing slump, it might make more sense to lease it instead. Doing so could turn your property into a rent machine and open up extra tax breaks. Plus, it would buy time until market conditions improve.