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 […]
Things That Could Go Wrong During Transaction
Things that could go wrong during real estate transaction Buying or selling a home is exciting, especially when the market is right for it. While most transactions close without incident, there can be some issues. There are a lot of moving parts that go into real estate transaction, so you will want to ensure you […]
Buying Home in Phoenix AZ 2021
Working with a Realtor when Buying a home
2021 FHA Loan Limit Arizona
2021 FHA loan limit in Arizona Increase about 7.4 Percent The department of Housing Urban Development (HUD) announced an increase FHA loan limit in Arizona for 2021. Starting 1/1/2021, the new 2021 FHA loan limit in Arizona for single-family properties in Maricopa county will be $381,347, up about 7.4% from $331,760 in 2020. This means […]
2021 Conventional Loan Limit in Arizona
2021 Conventional Loan Limit Increase about 7.5 Percent Starting 1/1/2021, the 2021 conventional loan limit in Arizona Maricopa County for single-family properties will be $548,250, increased about 7.5% from up from $510,400 in 2020. This means first time home buyers using (3% down payment) can buy at a maximum purchase price of about $565,200! This […]
Prepare to Buy a House
How to prepare to buy a house in one year in Arizona Preparing and getting ready to buy your first house can be daunting. It is a long process, commitment and mental ready to be a homeowner. Before you begin shopping for properties or comparing mortgage options, financially prepare is the starting process of becoming […]