Tag Archives: home buying tips

Who Can Sign to Buy a Home?

signing deed

The manner in which real property is titled can be critical to keeping title clear of “clouds” or flaws. In order to have a properly titled and insurable deed to your property it must be executed by the party who has the actual legal authority, under the laws of the State, to convey the title. Additionally, all parties with any interest in the property must be accounted for. Proper, authorized signatures are critical in the real estate closing, but it is not always evident in some cases who is the authorized party. How do you know who is authorized to sign the Deed as the Grantor? While each situation can be different, the following may be used as a guide. Continue reading…

Posted in Arizona Real Estate News, For Buyers, For Sellers, National Real Estate News | Tagged , , , | Leave a comment

Is There a Difference Between a Real Estate Agent and a REALTOR?

photo for ethics blog

Did you know that there’s a difference between a real estate agent and a REALTOR? Most people we speak with don’t. It might sound like a distinction without a difference, but it’s not. The difference is important because who you work with matters. You want the real estate professional you’re working with to adhere to a code of ethics. And that is exactly what all REALTORS agree to do. Continue reading…

Posted in Arizona Real Estate News, For Buyers, For Sellers, National Real Estate News | Tagged , , , | Leave a comment

Finding A Forever Home

projectIcon

Alright. We admit it. We’re dog lovers. And we were so happy when we saw the latest Coldwell Banker commercial during the 2015 Academy Awards. If you missed the commercial you have to see it. You will fall in love with the dog actors, but more than that you will get to see all the wonderful things Coldwell Banker is doing to help homeless dogs. For over 100 years Coldwell Banker has helped people find a home, and now their mission has been extended to man’s (and woman’s) best friend. Coldwell Banker has “teamed up with Adopt-a-Pet.com, North America’s largest non-profit pet adoption website, to help adoptable dogs find a loving home.” Continue reading…

Posted in Arizona Real Estate News, General Information, National Real Estate News | Tagged , , | Leave a comment

What is Escrow?

Title company

We get asked on an almost daily basis, “What is escrow”? This is a great question, and for most people this question is as mysterious as “Is there alien life on other planets?” or “Why is the sky blue?” Merriam-Webster Dictionary defines an escrow as “a deed, a bond, money, or a piece of property held in trust by a third party to be turned over to the grantee only upon fulfillment of a condition.” This is a great definition of what an escrow is, but when you’re buying or selling a home, a title company does so much more. Below is a description of the many roles a title company plays in the process of transferring real estate from one party to another. Continue reading…

Posted in Arizona Real Estate News, For Buyers, For Sellers | Tagged , , | Leave a comment

FHA Lowering Mortgage Insurance

FHA Lowering Mortgage Insurance

Lots of people have been asking me about the FHA (Federal Housing Administration) lowering the Mortgage Insurance Premium (MIP), and with good reason. Continue reading…

Posted in Arizona Real Estate News, For Buyers, National Real Estate News | Tagged , | Leave a comment

The Most Overlooked Symptoms of a Bad Roof

How to Know If Your Roof Needs Replaced

Ironically, few things are as overlooked as roofs in real estate. It’s ironic because your roof is precisely the thing that will protect your cherry wood cabinets, your valuables, and your wallet from substantial damage. Continue reading…

Posted in For Buyers | Tagged , | Leave a comment

Mortgage Rates Affect Monthly Payments More Than You Think

While most home buyers know that the sales price they agree to pay for their next home will impact how much their next monthly mortgage payment will be, I believe home buyers should pay as much, if not more, attention to their mortgage rate. Continue reading…

Posted in For Buyers | Tagged , | 2 Comments

4 Housing Recovery Myths Debunked in Phoenix Area

Average Sales Price per Square Foot 2001 - 2013

I read an article on Yahoo! Finance titled, “4 Major Housing Recovery Myths Debunked” earlier this week and it reminded me of how many people I’ve talked to this year who are also skeptical of the housing recovery we’re seeing here in the Phoenix/Scottsdale area. So, in the same way Brendon DeSimone addressed four myths related to the US housing market for Yahoo! Finance, I’m going to address those same four myths as they relate to the Phoenix housing market in this article. Continue reading…

Posted in Arizona Real Estate News, For Buyers, For Sellers, National Real Estate News | Tagged , , , , | 1 Comment