Category Archives: For Sellers

All About Earnest Money Deposits in Arizona

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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5 Tips on Buying and Selling a House at the Same Time

When you already own a house and want to buy your next one, should you buy first, or sell first? As in most questions in life, the answer is…it depends. Continue reading

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In Arizona MLS, what does AWC mean?

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

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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Can Phoenix Home Sellers Accept Backup Offers?

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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Phoenix Area Distressed Housing Update – March 7, 2012

In our ongoing effort to post consistent and timely real estate market updates, here below is a Distressed Property Report from the Arizona Regional Multiple Listing Service (ARMLS), and my own short commentary afterward. Continue reading

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