Buyers Guide
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?
Read the latest Buyer articles, from the blog.
No Breach Until Cured
In the purchase contract, there are MANY timeframes and responsibilities for both parties to follow. If you do not follow these terms of the contract, you may be in breach. However, according to the Arizona Purchase Contract, if you are outside of the terms of the...
Multiple Offers and the Counter Offer
Most people believe that if a home is for sale, and you offer on it… the next step is going under contract… naturally. Not necessarily. There are other scenarios that can cause crimps in this simple plan. The multiple offer situation In a sellers market, or other...
Finding the Right Lender
Working with the right lender is crucial! Please do not be fooled by the teaser rates available on a poster in your local bank. Those are not accurate rates. Your bank will likely be able to give you an excellent rate for your loan. However, you may lose out on your...
What is the Due Diligence Period
Frequently referred to as, simply, the inspection period. This is your time to do all of the necessary investigations, regarding the property, to determine if this is a good fit for you. During this time, you’ll be able to review all of the sellers disclosures, tell...
Choosing an Inspector
Real Estate Inspections can be a very sticky subject at times. It’s important that you know, not all inspectors are the same. We’re asked all the time for a “good inspector“. I’d like to ask you… what is a good inspector to you? Some people qualify the inspector by...
Moving Checklist
This comprehensive list of reminders will be valuable in the moving days ahead. Previous Residence PREPARING FOR THE MOVE: Leave keys & garage openers Travel funds (cash & checks) Prepare pet transportation Personally transport valuables & jewelry ADDRESS...
The Most Common Inspection Issues
The inspection period and the appraisal are those 2 moments during a transaction that everyone holds their breath and finds religion… cause there is a lot of praying going on. When selling a home, know that inspectors WILL make it sound like the house is about to fall...
The Challenges When Getting Pre-Approved for a Home
I have heard several people refer to the loan process as “similar to an audit”. It’s completely invasive, demanding and heavily regulated these days. Gone are the times when we could promise the lender that we really can afford that half a million dollar home, pinky...
Behind the Scenes of a Real Estate Deal
The job of the Real Estate agent is no longer to "find" you a home. Lets be honest… no matter how good I am at searching the MLS, you're spending 6 hours a night on every real estate site you can find, mostly because you're positive that you're better at finding THE...
Is Your Agent Exceptional… or a DUD
Arizona Licensed Agents As of writing this, there are around 92k licensed Agents in the state of Arizona. About half of those are in the Maricopa Valley area, including everything around Phoenix. It's said that about 20% of the real estate agents sell 80% of the real...