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. […]
From time to time, a home buyer will ask us if he or she can write a backup offer on a home that is already in escrow. Usually, the house under contract is especially remarkable and/or well priced, and the buyer is hoping to reserve “second place” on the house in case the other buyer who is currently in escrow cannot or elects not to proceed with the purchase. […]
What’s a buyer to do in this shifting market? There are thousands of lists of home buying tips available across the internet, but remember, every market is different. Here is a list I put together specifically for Phoenix area home buyers, based on Arizona’s Residential Resale Real Estate Purchase Contract. […]
Since Phoenix area home buyers must determine how they wish to hold title before they can close escrow on a home purchase, here below is a list of the five ways to do so, and a brief description of each. […]
