Salt Lake City, UT asked in Real Estate Law for Arizona

Q: Az property valuation affidavit. price of ac $18,000 if means of financing is marked barter or exchange what next

98 promissory note signed for two acres.

2001 mother sold one acre back to owner who financed us. $41000 both acres 2001 modification to promissory note states new loan amount 25000 also note states we returned one acre releasing it back. I never signed anything agreeing to this agreement they got title my mother signed nothing in modified note states it was a barter exchange. Title company has knowledge of we sold it not gave it back

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1 Lawyer Answer
Anthony M. Avery
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Answered

A: You are going to have to hire an AZ attorney that does real property litigation, not a title co. The Title needs to be searched, and if possible the original instruments need to be examined. Despite your disputes, the Notes and taxes must be kept current during litigation. Otherwise the mortgage will be foreclosed and you lose the case for mootness. Mother and you must prepare to testify.

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