Vote Yes on Proposition 100 to prevent double taxation.

There are some important choices to make that may have a serious implication regarding Phoenix AZ real estate and home ownership.

There are two ballots in particular that you will be asked to make decisions on regarding how real estate is taxed and how buyers and sellers settle disputes.

The first initiative is Proposition 100, the Protect our Homeowners Initiative. Proposition 100 will protect families from the effects of a real estate transfer tax that could potentially be imposed by local government on the sale of Phoenix AZ real estate.

Currently, there is no real estate transfer tax. However, one could be imposed at anytime. The effects of such a tax would take away equity from families and make the costs of sales greater. Both further hampering the ailing Phoenix AZ real estate market. Finally, a transfer tax would be an additional tax to annual Phoenix AZ real estate property taxes. Thus, double-taxation.

Please Vote Yes on Proposition 100 to prevent double taxation.