Posted on January 17, 2017 - 02:41 PM
by Mark Smith
Great news...The Arizona Association of REALTOR's purchase contract has some significant changes taking effect on 2/1/17. I just spent the afternoon dissecting the new contract with 60 other professionals. These changes include the removal of warranted items, more direction on specific deliverable dates and changes to Foreign Investment in Real Property Tax Act (FIRPTA). For all foreign nationals who are considering a sale, the IRS is paying more attention.
Please call me at 480-236-0319 to discuss how these changes could impact you.
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