Wayne Himple - West USA Realty

07/09/2024

Short Term Rental changes for the City of Surprise
Please be aware of the current changes. If you have clients who have short term rentals or are interested in purchasing short term rentals, send this to them asap. This can help them to possibly avoid being at risk of fines.
Here are the links you need:
https://surpriseaz.gov/224/Rental-Accountability-Ordinance
https://library.municode.com/.../codes/municipal_code...
Rental Accountability Ordinance
To promote the health, safety and welfare of our residents, the City of Surprise has a Rental Accountability Ordinance.
The ordinance will permit the City to enforce provisions of state law regarding maintenance code violations.
All rental property owners are reminded that they must register with the Maricopa County Assessor's Office and the recorded legal class of the property must reflect a legal class of "4-Residential Rental". Failure to register a rental with the county could result in a $100 violation, per day.
· Register or view a registered rental property
· View other City of Surprise Municipal Codes
It is unlawful to rent a short-term or vacation rental in Surprise without first obtaining a license issued by the City. A short-term rental is transient lodging obtained for 30 consecutive days or less, as defined in Arizona Revised Statute § 42-5070. A separate license is required for each short-term or vacation rental property. Proof of County registration is required at the time of City license application, if applicable. County registration must stay current during the short-term rental licensure period.
· Short-term Rental License Application
QUESTIONS?

If you have any questions regarding rental property ordinances, please contact the Code Enforcement Division at 623-222-3013 or email your questions to Code Enforcement.

09/13/2022

Thinking about building or getting a home with a swimming pool?
Everything you need to know...

You’ve got your brand-new home in Phoenix. The mountain views are fabulous, the weather is warm. Well, actually, it’s hot. It’s screaming hot. Jumping in...

09/11/2022

Exquisitely renovated home located in the award winning Robson community of Pebblecreek! 2 bed, +den (can be converted to 3rd bedroom), 2.5 car garage, 2.5 bath, in a very convenient location in Goodyear, AZ. Amazing kitchen with Quartz countertops, all new Samsung appliances, with porcelain Turkish...

09/11/2022

Exquisitely renovated home located in the award winning Robson community of Pebblecreek! 2 bed, +den (can be converted to 3rd bedroom), 2.5 car garage, 2.5 bath, in a very convenient location in Goodyear, AZ. Amazing kitchen with Quartz countertops, all new Samsung appliances, with porcelain Turkish tile in the Owner's suite. Hickory wood flooring highlights this newest renovation by National Housing Corp. Bathrooms waterfall shower and updated fixtures. Cool Deck driveway and patio. Includes $9k worth of all new Samsung appliances; internet enabled refrigerator, QLED flatscreen TV. Home has an extra garage bay for your golf car or small automobile

Exquisitely renovated home located in the award winning Robson community of Pebblecreek! 2 bed, +den (can be converted to 3rd bedroom), 2.5 car garage, 2.5 bath, in a very convenient location in Goodyear, AZ. Amazing kitchen with Quartz countertops, all new Samsung appliances, with porcelain Turkish...

09/06/2022

Is housing market changing from seller's to buyer's? https://www.livabl.com/2022/08/phoenix-housing-market-buyers-2023.html?fbclid=IwAR0tNbOqHKmSj4XgOX5OooUHMXEcZWa2KJHUGmH0R52kne-8ChqafPv3TAc

By July 2023, the Phoenix metro housing market is expected to shift from 'neutral' to conditions more favorable to buyers.

08/03/2022

Custom Home Site Lot in Verrado for Sale! This is a one acre custom home site that has absolutely the most beautiful views; both of the mountains and Phoenix city lights!

Build your custom home on the largest lot in Verrado's Regents Hill Enclave. This lot is priced under comps in the area. Situated at the base of the White TankMountains, a location with panoramic views makes this custom homesite very private and highly desirable. An ideal locationwithin close proxim...

07/28/2022

Our Newest Listing is Finally Ready for someone to call their home! Golf Course Lot and Newly Renovated! Open Houses begin this weekend!
https://cwazhomes.com/listing-details/16432-w-desert-wren-court-surprise-85374/6432435/

06/30/2022

Things to do in Phoenix for July 4th Weekend!

Looking for 4th of July events in Phoenix? Check out list of things to do on the 4th of July, including fireworks and celebrations.

05/03/2022

Thank you again to Patrick MacQueen (Attorney at Law) for the below information (written by Patrick MacQueen):

If you are a real estate investor or real estate wholesaler, there are new laws that will affect you. Last week, Governor Ducey signed HB 2747 into law and this new law places disclosure requirements on buyers that enter into residential real estate contracts and then assign the contracts to someone else. In short, HB 2747 applies to real estate wholesalers.

Under a typical wholesaling transaction, the real estate wholesaler contracts with a home seller and, thereafter, shops that home around to potential buyers. The wholesaler then assigns the existing real estate contract to one of the buyers. Under this scenario, the wholesaler makes money on the assignment of the contract and never intends to own the home.

Pursuant to the new law, a “Wholesale Buyer” must “disclose in writing to the seller that the buyer is a wholesale buyer.” Similarly, a “Wholesale Seller,” which is ultimately the same party as the wholesale buyer, must “disclose in writing to the buyer that the seller is a wholesale seller that holds an equitable interest in the real property and that the wholesale seller may not be able to convey title to the property.”

If a “Wholesale Buyer” fails to make the disclosures required by HB 2747, “the seller may cancel the contract for sale at any time prior to the close of escrow without penalty and may retain any earnest money paid by the Wholesale Buyer.” In other words, the seller may cancel the purchase contract and retain the earnest money. Notably, if the transaction closes with a contract that does not have HB 2747’s disclosure language, the seller cannot later come back and unwind such a transaction. If a “Wholesale Seller” fails to make the disclosures required by HB 2747, “the buyer may cancel the contract for sale at any time prior to the close of escrow without penalty and shall be refunded all earnest money paid by the buyer.”

This allows the assignee or end buyer to terminate the assignment and receive a return of the earnest money even if it is designated as non-refundable.