http://buyingarizonarealestate.com/blog/2009/07/19/18/ Everything real estate in Arizona, let's talk! Wed, 28 Apr 2010 14:02:52 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://buyingarizonarealestate.com/blog/2009/07/19/18/comment-page-1/#comment-3 Tony Pomykala - admin Thu, 06 Aug 2009 19:53:27 +0000 http://buyingarizonarealestate.com/blog/?p=18#comment-3 Hooray! It seems the right people are doing the right things! Tom Farley's latest update tells us that "the original sponsor of the bill, Senator Steve Pierce, has asked the legislature and the Governor for an immediate repeal of the law which is slated to go into effect at the end of September. The state's original anti-deficiency language has been inserted into two budget bills (HB 2008 and SB 1024) currently being debated by the legislature which would have the effect on nullifying the passage of SB 1271. HB 2008 has quickly passed the Arizona House of Representatives. SB 1024 is awaiting final vote which could happen August 8th or on the 10th. If for some reason, the Senate Bill fails on final vote, we will immediately focus on our next effort to repeal the law. The banking lobby and at least one member of the legislature are pushing for an amendment to SB 1271, instead of repeal, that would allow it to still apply retroactively to loans already in existence. We have been advised that this action would ultimately be unconstitutional if not unjust." You can follow more on the subject at <a href="http://www.RALLiNOW.com" rel="nofollow">www.RALLiNOW.com </a> Hooray! It seems the right people are doing the right things!
Tom Farley’s latest update tells us that “the original sponsor of the bill, Senator Steve Pierce, has asked the legislature and the Governor for an immediate repeal of the law which is slated to go into effect at the end of September. The state’s original anti-deficiency language has been inserted into two budget bills (HB 2008 and SB 1024) currently being debated by the legislature which would have the effect on nullifying the passage of SB 1271. HB 2008 has quickly passed the Arizona House of Representatives. SB 1024 is awaiting final vote which could happen August 8th or on the 10th. If for some reason, the Senate Bill fails on final vote, we will immediately focus on our next effort to repeal the law. The banking lobby and at least one member of the legislature are pushing for an amendment to SB 1271, instead of repeal, that would allow it to still apply retroactively to loans already in existence. We have been advised that this action would ultimately be unconstitutional if not unjust.”
You can follow more on the subject at http://www.RALLiNOW.com

]]> http://buyingarizonarealestate.com/blog/2009/07/19/18/comment-page-1/#comment-2 Tony Pomykala Thu, 23 Jul 2009 05:03:32 +0000 http://buyingarizonarealestate.com/blog/?p=18#comment-2 To read the letter as well as the accompanying materials that were sent to Governor Brewer, <a href="http://www.aaronline.com/Members/MemberLogin.aspx?doc=/documents/GBrewer072209.aspx" title="AAR's request to Governor Brewer on SB 1271" rel="nofollow">please click here</a>. To read the letter as well as the accompanying materials that were sent to Governor Brewer, please click here.

]]>