Comments on: House Bill 2008 – Repeal of SB 1271 Arizona Anti Deficiency Law

By: Jessica

Jessica — Mon, 21 Sep 2009 05:24:45 +0000

I am very positive they want to figure out away to discourage investors, so that we do not go thru a cycle like we just did. However, when we need some positive forward momentum we do not need a law like this. This current law we are talking about is not clear at all. Can they go backwards in time, are the people who invested without knowing this risk grandfathered in, etc.

By: Manny Caballero

Manny Caballero — Thu, 03 Sep 2009 21:26:32 +0000

Just talked to the Jan Brewer office, and we were told, we will have a commitment from her on Friday sometime. One way or the other!!!
Call her office at 602-542-4331 and voice your thoughts. Now

By: Sean Bonini

Sean Bonini — Thu, 27 Aug 2009 12:16:39 +0000

Well said — you are right on the money! This is a ridiculous law that does not benefit the Arizona homeowner & benefits only the lenders. I highly encourage everyone to send Governor Brewer a note encouraging her to sign HB 2008 which will repeal SB 1271!!

By: joe

joe — Tue, 25 Aug 2009 23:54:21 +0000

I thought legislatures were there to protect us…..This basically takes protection away from people who may be small investors second homeowners, retirement home owners, vacation home owners, and gives it to the banks. Any one of these types of people that have not lived in their home for 6 month straight can forget about loan remod or re-fi as the banks will foreclose and go after individuals. Thanks to the legislature who are supposed to protect the people of AZ.