When selling a home, it’s important to understand some of the key concepts and terms. Throughout the sales process, your REALTOR® will be available to explain any unfamiliar terms you encounter. …
Buyer Resources
Market Conditions Advisory The real estate market is cyclical and real estate values go up and down. The financial market also changes, affecting the terms on which a lender will …
Methods Of Getting More Information About A Property
Talk to the Neighbors Neighbors can provide a wealth of information. Buyers should always talk to the surrounding residents about the neighborhood and the history of the property the buyer …
Conditions In The Property Surrounding Area
1 Environmental Concerns It is often very difficult to identify environmental hazards. The Arizona Department of Environmental Quality (ADEQ) website contains environmental information regarding the locations of open and closed …
Physical Conditions For Which A Buyer Should Check
1 Repairs, Remodeling and New Construction The seller may have made repairs or added a room to the property. The buyer should feel comfortable that the work was properly done …
Common Documents A Buyer Should Review
1 Purchase Contract Buyers should protect themselves by taking the time to read the real estate purchase contract and understand their legal rights and obligations before they submit an …
Home Inspection
Your home is in escrow, and the buyer has scheduled a home inspection. A home inspection is a thorough visual examination of the home and property. The process usually takes …
Legal Documents
Deed – A legal description prepared by an attorney to transfer and record, in public records, ownership of property. Title Insurance Policy and Certificate of Title – This coverage is …
Buying vs. Renting
There are many advantages to buying a home versus renting one. View these advantages in the Buy vs. Rent Comparison Chart below Your income, savings, and monthly expenses play an …