First Time Home Buyer: Not All Lender are Same The first step in the home buying process should be talking to your lender for mortgage pre-qualification. Choosing the right lender can save you time, money and a lot of frustration in the long run. So how do you choose the lender that is best for […]
Buying Home with Septic System
What you need to know about buying a home with septic system Septic systems are underground wastewater treatment structures, commonly used in rural areas without centralized sewer systems. They use a combination of nature and technology to treat wastewater from household plumbing produced by bathrooms, kitchen drains, and laundry. Homes with septic system are pretty […]
Should You Use Local Mortgage Lender
Tips For Competing in Sellers Market
Tips For Competing in Hot Sellers Market and Multiple Offers In a strong real estate market, the fear of having to compete with multiple offers might deter some homebuyers from making an offer on their dream house. No buyer wants to be caught off guard buying in a seller’s market, where the buyers outnumber the […]
Arizona Pre-Qualification Form
What you need to know about the Arizona Pre-Qualification Form when buying a home in Arizona? One of the form use when making offer buying a house is Arizona Mortgage Pre-Qualification Form (PQF), unless you will be paying cash for the house. This pre-qualification form will be a key component of any purchase offer and […]
Things Not to Do During Escrow
Things to Avoid Doing Escrow When Buying a Home in Arizona After weeks or months of searching and finally found your dream home and your offer accepted by seller. Escrow is opened, you or your buyer agent deposited the earnest money to title company and now you are in escrow process. You likely think you’ve […]
Real Estate Agents Do for Buyers
What Does Days on Market Means to Buyer
Days on Market – What Does it Mean to Home Buyers? Understanding local housing market statistics is an important key when buying a home in Arizona. Most buyer only pay attention on median sold price and average sold price. Another statistic that is important in real estate is Days on Market, or DOM. The number […]
Beware of Mortgage Wire Fraud
Beware of Mortgage Wire Fraud During Closing When Buying Home in Arizona Buying a home, especially the first, is supposed to be an exciting time. However, the very nature of real estate transactions with large amounts of money transferring between parties, makes them a prime target for criminals. One of the fastest growing cybercrimes in […]
The Closing Process When Buying a House in Arizona
What you need to know about the closing process when buying a house in Arizona? The closing process is the final steps in real estate transaction. It is a big day, especially for buyer. Unlike many states, Arizona does not use the formal “sit down” closing with buyers and sellers, their agents, bankers and attorney […]