I get this question a lot when someone is considering a purchase of a Foreclosed property. When they buy the home what happens to the back due HOA dues? Arizona law is pretty clear on this, HOA dues are a personal liability and will remain with the person that didn’t pay them. In other words [...]
Finding a home, financing a home, moving, these are all important steps in the process. Another step is picking a home warranty. Understanding a home warranty is another major milestone.
From costs to what is covered, home warranty programs can vary extensively. The variables that shape cost and coverage are often determined by location, detail [...]
The standard contract from the Arizona Association of Realtors is pretty clear on what a fixture is and what is included in the sale of a property:
AAR Purchase Contract
It used to be and sometimes we still state: if it’s attached or fixed to the property somehow, than it stays for the new [...]
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 [...]
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 [...]