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Posts by Christopher Combs

Listing Commission is Owed if Seller Backs Out

Question: I represented the buyer in the purchase of a Tempe home. Three days before close of escrow the Canadian seller changed his mind and refused to sign the deed to close escrow because of tax problems. The buyer had the financing and all inspection conditions were satisfied. The buyer got his earnest money back…

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Tenants Have Protection in Foreclosures

Question: We have been renting a home in Chandler for several years. We just signed another one-year lease. Two nights ago a process server came by and posted a notice of foreclosure in our front yard. Our landlord lives in Chicago and has not returned our phone calls. If our home is sold in foreclosure, when…

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General Warranty Deed for Resale Homes

  Question: In a recent column you discussed the difference between a general warranty deed and a special warranty deed. You said that a special warranty deed from the seller to a buyer is used in 90% of Arizona real estate transactions. I am an Arizona real estate agent, and I was shocked because our standard…

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