Imagine getting ready to list your home and being offered a free market analysis of your property, which includes a lump sum of cash for taking part in the analysis. Only when you finally decide to sell your home do you discover that the analysis that was performed didn’t just check the value of your home—it also put a silent lien on the property, according to the Arizona Mirror.
That’s what 1,500 homeowners in Arizona say happened to them when they were contacted by MV Realty, which allegedly tied these homeowners up in an illegal agreement that demanded that they either list their home with the company or else give them 3 percent of the home’s value at signing, or 6 percent of the sales price once they finally sell.
And this isn’t a short-term arrangement, either. The publication says that some of these homeowners are locked into the deal for 40 years. Now, Arizona’s Attorney General Kris Mayes says she’s going after MV Realty to help these homeowners get free of these arrangements while also preventing anyone else from getting taken for a ride.
Here’s what you need to know about the predatory practice.
Mayes Filed a Lawsuit on Aug. 13, 2026
According to the state’s website, Mayes is going after MV Realty under the Arizona Consumer Fraud Act and Arizona Telephone Solicitations Statutes. Her office posted about it online, saying that the predatory scheme targeted those homeowners who were financially vulnerable, deceptively recording liens on their properties that couldn’t be removed until they paid “Early Termination Fees,” which could amount to thousands of dollars.
“MV Realty misled homeowners about the true nature of the Homeowner Benefit Program. Arizona homeowners who fell victim to MV Realty’s deceptive sales practices were trapped by the liens placed on their homes and stripped of their hard-earned equity,” Mayes said in a statement on the website. “My office will not allow predatory companies to take advantage of and profit from Arizona homeowners by making false promises.”
MV Realty Previously Filed for Bankruptcy
According to the Arizona Mirror, the company filed for bankruptcy back in 2023 after becoming the subject of several different investigations across multiple states. That isn’t stopping Mayes from hitting the company where its wallet is, and the publication says that she’s looking for penalties of $10,000 per violation of Arizona’s consumer protection act. She’s also seeking $1,000 penalties for each time the company violated the National Do-Not-Call list.
It’s sad that someone would take advantage of people this way, especially if the company was targeting the state’s more vulnerable populations, but it’s unfortunately very common. According to Gottlieb Law, anyone who suspects that they have been or are being targeted by some type of real estate fraud scheme should contact the appropriate authorities immediately.
That may mean notifying your state’s Department of Real Estate (DRE); in Arizona this would be the Arizona Department of Real Estate (ADRE), or reaching out directly to the District Attorney’s Office. Whatever you do, don’t let embarrassment over what has happened keep you from speaking up.