Arizona is in fact a community property state and the law speaks to assets and debts acquired during marriage. While the law makes a distinction between yours and mine before marriage and speaks to matters of inheritance, it is too easy to commingle assets over time which may then make them part of those belonging to the union.
I am not an attorney - and STRONGLY suggest you see one - along with your prospective spouse. Both of you need to know and understand the meaning of "yours, mine and ours."
Get the rules, get a pre-nup, and while with the attorney, consider estate planning - ESPECIALLY - if there are children (of any age) related to only one of you.
Obviously you're smart since you've asked the right question. Now continue on by visiting an attorney for expert answers!
I'd like to help but don't know what "cbr" means. Maybe I'm not alone and that is the reason no one has answered thus far.
If you mean "credit bureau rating or reporting," banks typically like lots of money for a down payment so unless they won't lend for land, it doesn't make sense unless your credit is poor.
If that's not what you mean and your credit is good, I suggest buying a house instead of a lot. You will only need more money to build, and "asap" implies urgency, not a wait of a year or more until a house is finished.... more
No doubt you've found an answer to your question by now, so I'm answering for anyone else looking for the same information...
There are ways to exit a lease that don't damage your credit and references from past landlords. For example:
1. You inform your landlord you will have to move in the coming months and offer to "cooperate" with him/her to find a new tenant.
2. You find your own replacement tenant to complete the balance of your lease.
3. You offer to pay rent until the landlord finds a replacement tenant after you vacate the premises. The landlord has an obligation to mitigate their damages.
4. You must leave due to reasons of work - and ask your employer to intercede and negotiate your lease with the landlord...and they pay the balance.
As with these examples and many more, information and cooperation are key elements. You with the landlord, and the landlord with you.... more
If you are serious about buying a property in Phoenix, this is probably the best article for you to read. The author lists the best hoods to invest in and explains why. The most recent piece on the topic I could find. Take a look: https://rentberry.com/blog/phoenix-investments-opportunities... more
You need to work with a realtor specializing in commercial real estate. Few realtors do this. The majority only work with residential real estate. Call some of the local brokerages and ask to speak with the Office Manager / Broker in Charge. Ask them to connect you with a realtor that specializes in commercial real estate.... more
I try to due a short sell but my mortgage company had previous illegally foreclosed on me after the courts sent me a short sale letter but set them a denial letter to stop the sale however I filed to show just cause to the judge the courts and the bank the judge order to re send the home back to but I found out that in 2013 they never honored the judges order and we had to stop the sale and my foreclosure dates is days away how do I proceed to fight them... more
I live in Central Phoenix and it is one giant flood zone. Be very careful - real estate agents are hit or miss here. Our agent, who resides in in the area, did nothing to warn us of any flood danger. The first rain, a month after we moved in, destroyed our flooring and kitchen. Our neighborhood has 1 set of drains for the whole neighborhood. The city does take claims but having grant money available to fix these issues requires years of reporting and the whole neighborhood must participate.
During monsoon every year, our area floods at least 3 times. I regret moving her and I have lived in California and Oregon.
No money spent on infrastructure and poor planning.... more