Provident Law

08/21/2026

Did You Know..

Our legal team has extensive experience representing lenders in every part of distressed real estate, including short sales. We have built a reputation for taking cost-effective action on behalf of clients. We are proactive in our approach to protecting your assets, while always keeping sight of your long-term goals. Our extensive lender representation includes:

Foreclosure actions on delinquent loans
Evictions against foreclosed property owners
Creditor’s rights in bankruptcy proceedings

LEARN MORE: https://www.providentlawyers.com/practice-areas/lender-representation/

If you have questions about foreclosure, evictions, or other real estate matters, Provident Law®️ is here to help.
📞 (480) 388-3343 | 🌐 www.providentlawyers.com

08/20/2026

⚖️ 𝗦𝗖𝗢𝗧𝗨𝗦 𝗖𝗹𝗮𝗿𝗶𝗳𝗶𝗲𝘀 𝗖𝗼𝗺𝗽𝗲𝗻𝘀𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗧𝗮𝘅-𝗦𝗮𝗹𝗲 𝗖𝗮𝘀𝗲𝘀

In 𝘗𝘶𝘯𝘨 𝘷. 𝘐𝘴𝘢𝘣𝘦𝘭𝘭𝘢 𝘊𝘰𝘶𝘯𝘵𝘺, Michigan, the U.S. Supreme Court held that when property is sold through a fairly conducted tax sale, the constitutional measure of compensation is generally the actual sale proceeds—not the property's fair market value.

The case involved a Michigan family whose home was sold for $76,008 after approximately $2,242 in unpaid property taxes. The family argued they were entitled to compensation based on the property's higher market value.

The Court rejected that argument and also rejected their claim that the sale constituted an excessive fine under the Eighth Amendment.

⚠️ 𝗧𝗵𝗲 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: A tax foreclosure can result in the loss of property for substantially less than its market value. Property owners facing tax foreclosure should act quickly and carefully evaluate their options before a tax sale occurs.

LEARN MORE: https://www.providentlawyers.com/scotus-holds-just-compensation-is-actual-proceeds-rather-than-fair-market-value-in-tax-sales/

If you have questions about tax foreclosure or other real estate matters, Provident Law®️ is here to help.
📞 (480) 388-3343 | 🌐 www.providentlawyers.com

08/19/2026

Discovered a serious issue with a property after buying it? You may still have options if the prior owner failed to disclose or misrepresented important information.

At Provident Law, we help Arizona property owners understand their rights when real estate disclosure disputes arise.

This article explains
📌 Common claims buyers may have against a seller
📋 How statutes of limitations can affect your ability to sue
⚖️ Why fraud, negligent misrepresentation, and consumer fraud may apply
💡 Why you should act quickly after discovering a defect

Read the full post here
https://www.providentlawyers.com/is-it-too-late-to-sue-my-prior-owner/

08/19/2026

New housing data highlights a positive trend for Eastern Arizona. 🏡

According to a new statewide housing risk analysis, Graham County ranks among Arizona's counties with the lowest foreclosure risk, while neighboring Greenlee County falls in the middle of the state's rankings.

The report evaluated housing markets using factors including foreclosure activity, affordability, unemployment, and the share of homeowners with underwater mortgages. The results underscore the differences in housing market conditions across Arizona communities.

Read more: https://www.eacourier.com/news/graham-county-ranks-among-arizonas-lowest-foreclosure-risk-counties-greenlee-falls-in-middle/article_7cd1330c-dfe1-4317-b826-638b890f2d9d.html

If you have questions about foreclosure or other real estate matters, Provident Law®️ is here to help.
📞 (480) 388-3343 | 🌐 www.providentlawyers.com

08/17/2026

08/13/2026

⚠️ 𝗧𝗵𝗲 𝗝𝘂𝗿𝘆-𝗗𝘂𝘁𝘆 𝗦𝗰𝗮𝗺 𝗖𝗼𝘀𝘁 𝗢𝗻𝗲 𝗙𝗮𝗺𝗶𝗹𝘆 $𝟮𝟱,𝟬𝟬𝟬

A new jury-duty scam is using fear, pressure and personal information to convince victims that they are facing arrest—and the scammers are becoming increasingly sophisticated.

According to The Wall Street Journal, Kimberly Fudge of Tampa was targeted by scammers posing as law enforcement officers. They claimed she had missed federal jury duty and that a warrant had been issued for her arrest.

Over nearly 10 hours, the scammers:
📞 Posed as multiple law-enforcement officials
🔎 Used specific personal information to make their claims seem legitimate
📍 Told Fudge they were tracking her location
💰 Directed her to deposit cash into a cryptocurrency machine as “bail”
⏰ Kept her under intense pressure and instructed her not to tell anyone
Fudge ultimately lost $25,000.

The scam was eventually interrupted when her husband became suspicious after she asked him to send money without asking questions. He consulted ChatGPT, recognized that the situation could be a scam and called 911.

🚨 𝗧𝗵𝗲 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: Authorities warn that they will not call you to threaten arrest or demand money because you missed jury duty. The WSJ reports that these “panic scams” rely on intense stress and pressure to prevent victims from thinking clearly.

If you receive a call like this, stop, step away from the conversation and independently verify who is contacting you.

📌 Read the full story from The Wall Street Journal: https://www.wsj.com/us-news/the-jury-duty-scam-that-cost-this-family-25-000-5629f703?reflink=article_email_share&st=fUdhiZ

If you have questions about the legitimacy of a request for money or a potential scam, contact the trusted attorneys at Provident Law®.
📞 (480) 388-3343 | 🌐 www.providentlawyers.com

08/13/2026

The Metro Phoenix office market continues to show signs of improvement. 📈

According to Newmark's Q2 2026 Phoenix Office Market Overview:
• Office vacancy declined for the third consecutive quarter, falling to 23.4%.
• The market recorded 167,319 square feet of positive net absorption.
• Class A and trophy office properties continue to outperform older inventory.
• Office-to-other-use conversions and limited new construction help tighten the supply.

While challenges remain, the latest data points to a market that is gradually finding its footing as demand for high-quality office space continues to strengthen.

Read more: https://azbigmedia.com/real-estate/phoenix-office-market-gains-momentum-as-vacancy-declines-for-3d-straight-quarter/

If you have questions about commercial real estate matters, Provident Law® is here to help.
📞 (480) 388-3343 | 🌐 www.providentlawyers.com

08/11/2026

🏢 𝗪𝗵𝘆 𝗬𝗼𝘂𝗿 𝗖𝗼𝗻𝗱𝗼 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗠𝗶𝗴𝗵𝘁 𝗕𝗲 𝗥𝗮𝗶𝘀𝗶𝗻𝗴 𝗬𝗼𝘂𝗿 𝗗𝘂𝗲𝘀 𝗦𝗼𝗼𝗻

Condo owners may see higher association dues as new federal mortgage rules push associations to set aside more money for future repairs and major capital projects.

Under updated requirements from Fannie Mae and Freddie Mac, condo associations will need to allocate at least 15% of annual dues income to reserves, up from the current 10%.

Why does this matter?
🔹 Many associations are underfunded. About 39% of condo associations are considered financially “weak,” with reserve funds covering less than 30% of what is needed.
🔹 Higher dues may help avoid surprise expenses. Associations with declining reserves were more than 20% more likely to impose a special assessment than associations with stable or growing reserves.
🔹 Financing could be affected. Condo communities that don't meet the new reserve requirements may have more difficulty qualifying for standard mortgage financing, potentially making it harder for buyers to purchase units or owners to refinance.
🔹 Dues are already rising. Median monthly condo dues reached $420 in 2026, up 29% from 2019.
Fannie Mae estimates that increasing reserve allocations from 10% to 15% could raise owner dues by an average of $13 to $14 per month per unit.

𝗧𝗵𝗲 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆: Higher condo dues may be frustrating for homeowners, but stronger reserves can help associations prepare for major repairs and reduce reliance on unexpected special assessments.

📌 Read the full article from The Wall Street Journal: https://www.wsj.com/real-estate/homeowners-associations-are-foreclosing-on-more-residents-aba6f027?st=Pr9iTz&reflink=article_email_share

08/07/2026

𝗧𝗥𝗨𝗦𝗧𝗘𝗘 𝗦𝗔𝗟𝗘𝗦 𝗜𝗡 𝗔𝗥𝗜𝗭𝗢𝗡𝗔

Our trustee sales attorneys at Provident Law® regularly handle all aspects of trustee sales, whether resulting from judicial foreclosure or non-judicial proceedings. With our decades of experience as Arizona real estate lawyers, we have conducted numerous trustee sales statewide on behalf of creditors to recoup their investment after a borrower defaults. In conjunction with your trustee sale, we also can represent your interests in any related legal needs.

We can consider your case and determine the most expedient manner for pursuing your entity’s real estate investment when a default occurs. Every situation is different, so we must consider the best strategy to meet your needs and obtain maximum results with efficiency and cost-effectiveness.

𝗟𝗘𝗔𝗥𝗡 𝗠𝗢𝗥𝗘: https://www.providentlawyers.com/practice-areas/trustee-sales/