Arizona State Government & Real Estate

The Arizona State House & Senate have been proactive in helping the local real estate economy. To date 14 bills have been introduced relating to foreclosures, short sales, anti-deficiency laws, and other real estate issues. Here’s a list:

HB 2442, Reverse mortgages; regulations — Approved by House Banking & Insurance (B&I) Committee
HB 2270, Homeowner protection — Referred to House Commerce and B&I Committees
HB 2309, Foreclosure consultants — Awaiting Committee of the Whole (COW) floor action
HB 2479, Foreclosure deeds — Approved by House Government Committee
HB 2511, Municipal taxes — Approved by House Ways & Means Committee
HB 2554, Foreclosure consultants — Referred to House Commerce Committee
HN 2626, Deeds of trust — Approved by House Commerce Committee
HB 2728, Home equity purchasers — Referred to House Commerce and B&I Committees
HB 2739, Foreclosures, mandatory mediation — Referred to House Commerce & Government Committees
HB 2740, Foreclosure, right to sell — Referred to House B&I Committee
HB 2766, Tenant notice, foreclosure — Approved by House Commerce Committee
SB 1130, Foreclosure consultants — Awaiting Senate COW floor action
SB 1302, Real estate transfers — Awaiting Senate COW floor action
SB 1333, Exchange facilitators regulation — Referred to Senate Commerce

I did NOT include SB 1271 in there (The Arizona Anti-Deficiency Law) as it was repealed back in September, 2009. Thanks again, Governor Brewer!!

Related posts:

1. Real Estate Short Sale
2. Arizona Real Estate market supply of homes varies greatly
3. Phoenix Arizona Real Estate Market Changing….For the Better?
4. Phoenix & Scottsdale Real Estate Statistics
5. Shorten the short sale process??