A Buyers Guide to Buying a Home in Arizona
A simplified layout to home ownership. Click on any of the links for further information on that subject. Check back for more as more information is gathered and deemed necessary to add here.
Interview Real Estate agents
Getting Prequalified for a home loan (if using financing)
- Working with a qualified lender, how to choose the right lender.
- If purchasing with cash, obtain a proof of funds for your purchase
Writing an offer And MORE
- What happens if your offer is rejected
- What happens with counter offers
- What to do when multiple offers
Going under contract – accepted offer
- Understanding the time frames
- Potential Breach, and the Cure Notice
Opening escrow
Getting a Home Loan
The inspection Period
- The Sellers Disclosures
- The Claims History Report
- What are the buyers responsibilities
- What are the sellers responsibilities
- What are the agents responsibilities
- Types of inspections
- Outside the box thinking
- Ordering your Home Owners insurance
- What to expect when inspecting
- Is the home to code? No.
- How to choose an inspector and WHO
- Completing your inspection period (the BINSR)
- What repairs to ask for
The Appraisal
- How to prepare and what to expect
The Finance Contingency
The Final Walk Through
Signing the docs
Closing/Recordation
- When do you get keys?
Contact me for a free buyer consultation
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I Invite All Agents to NOT Answer Their Phones
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Hard Money Loans are Not the Same as Cash
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The Claims History Report
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The Sellers Disclosures (SPDS)
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Proof of Funds
When you are buying a home with cash, the contract states that a proof of funds (POF) will be provided. There is no standard form however. Proof, is proof. So, what would be considered a valid proof of funds? Bank statement. If you choose to do this, you should...