Category Archives: Arizona Real Estate News

All About Earnest Money Deposits in Arizona

Posted on April 10, 2012 by Joshua Hill

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. Continue reading →

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In Arizona MLS, what does AWC mean?

Posted on April 3, 2012 by Joshua Hill

Currently in the Arizona MLS (the Arizona Regional Multiple Listing Service, that is), a home for sale can be listed and placed in one of seven different statuses. Today, I’m going to skip ahead to discuss the most asked-about status of them all: Active With Contingency (AWC). Continue reading →

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Phoenix Housing Market Update – March 30, 2012

Posted on March 30, 2012 by Joshua Hill

In our ongoing effort to post consistent and timely real estate market updates, here below is a Concise Market Snapshot from The Cromford Report, and my own short commentary afterward. Continue reading →

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What to Do If Phoenix Home Builder Refuses to Make a Repair After Closing Escrow

Posted on March 26, 2012 by Joshua Hill

When we’re working with buyers who are interested in new house construction, we are often asked how good certain builders are about warranting their homes after they’ve finished construction on them. Continue reading →

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Can Phoenix Home Sellers Accept Backup Offers?

Posted on March 23, 2012 by Joshua Hill

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. Continue reading →

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17 Ways to Get Your Offer to Buy a House Accepted in a Seller’s Market

Posted on March 19, 2012 by Doug Hill

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. Continue reading →

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