Today’s real estate market in Greater Phoenix is one of the fastest-moving in the country. With record-low inventory in many market segments, we’re seeing multiple offers—and sometimes even bidding wars—for homes in the most sought-after neighborhoods. This has led some sellers to question the need for an agent. After all, why spend money on a […]
Tag: purchase contract
How to Prepare for a Home Inspection as an Arizona Seller
Congratulations! Now that you have a buyer under contract, you are one step closer to finalizing the sale of your Arizona home. But, there are still a few more things to do. The first is getting through the buyer’s inspection period. During this period, the potential buyer of your home will likely want to have […]
All About Earnest Money in Arizona
There are over 50 separate terms you can negotiate in Arizona’s Residential Resale Real Estate Purchase Contract. One of them is the amount of earnest money the buyer will deposit with an escrow company while the sale is being processed. And, like with any term that can be negotiated, the more you know about earnest money, the better. […]
Are Phoenix Home Sellers Required to Respond to Offers?
Today, with multiple offers on the table, home buyers are starting to ask themselves, “Do Phoenix home sellers have to respond to every offer they receive?” More specifically, “Do they have to respond to MY offer?” […]