Arizona Homebuyers’ Bill of Rights

Jonathan Dalton, Phoenix Real Estate AgentAs part of her State of the State address, Governor Janet Napolitano made mention of a new creation – the Arizona Homebuyers’ Bill of Rights.

From her speech today:

“… the Department of Real Estate, at my direction, has created the Homebuyers’ Bill of Rights. It is available now, on the Web and in print, and it gives homebuyers information about roads, water, police and fire services and more. It’s a tool for making educated financial decisions…”

I’m trying to get excited about this but can’t seem to get there. While it’s certainly better then Redfins’ all-but-ignored so-called Consumer Bill of Rights, the Arizona Homebuyers’ Bill of Rights isn’t substantively different than the existing Buyers’ Advisory available through the Arizona Association of REALTORS.

Whether there’s a grocery store nearby is good information but it’s also the kind of thing that easily can be determined by driving a neighborhood. Either there’s a Safeway on the corner or there’s not.

(Is there liability for such a thing? “The state told me there was an Albertson’s on the corner and I bought here because of it but now it’s three months later and they’ve closed the store in a restructuring.” Just a thought.)

Governor Napolitano also called on the Legislature to pass a bill requiring loan officers to be licensed. If nothing else, such a bill would provide the state with a hammer – taking away the livelihood of those found negligent – similar to the hammer they hold over real estate licensees.

Should be an interesting legislative session.

[h/t to Dru Bloomfield’s At Home in Scottsdale for the first report.}

[tags]Phoenix real estate, Arizona Legislature, Arizona Homebuyers’ Bill of Rights[/tags]

Jonathan Dalton

Jonathan Dalton is a 40-plus-year resident of the Valley and has been helping folks buy and sell homes since 2004. He can be reached at 602-502-9693 or info at allphoenixrealestate.com.

0 Comments

  • Rod Rebello 10 years ago

    Did I read the same Bill of Rights doc that you did? The one on the ADRE website appears to just be a summary of some of the Buyer Advisory Guide items – and says so at the the bottom. Looks like hype to get consumers to read the full guide.

  • Jonathan Dalton 10 years ago

    Ummmm … I think we did. There were a couple of extras on the ADRE site such as the right to know if there’s a grocery store but otherwise it’s the AAR Buyers’ advisory.

  • Rod Rebello 10 years ago

    OK, I missed the grocery reference as an essential service which confused me when you mentioned it.

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