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In today’s Phoenix Market, there are quite a few buyers that are using the FHA financing and sometimes they are surprised by the rules associated with repairs. Today, I’m going to try to describe some of the conditions to be prepared for. FHA has shifted from the emphasis on repair of minor items and now only [...] A common expression in the Arizona Regional Multiple Listing Service (ARMLS®) and raises questions by prospective Phoenix buyers, what does it mean. Well, this is a message from the listing agent to the buyer’s agent to put add a clause to the contract waiving the buyer’s rights to receive a Seller Property Disclosure Statement (SPDS). [...] When you write an offer for a home, a seller is going to want to be sure that you can obtain financing and be able to purchase the home. After all, when a buyer and seller agree to terms and the contract is ratified, the status of the home in the Phoenix MLS will change from [...] Why can’t you you see that Phoenix home that is available on the MLS? From time to time a listing is just hard to see. This week I’ve had trouble scheduling and see 3 homes for clients. First one was because the owner didn’t want a lockbox on her home and was [...] Like a lot of metro Phoenix Realtors®, lately I’ve been working with lots of out-of-town buyers. These buyers are often used to the way purchase transactions are handled in their hometowns, but somewhat baffled by the way we do things in metro Phoenix. From the standard Arizona Association of Realtors® (AAR) contract, line 13, “Close of Escrow [...] |
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