outset. Make sure any outdated derogatory entries are deleted, officially cancel inactive credit cards,
- If you are planning on getting a mortgage - check your credit rating, it is wise to double-check at the
and hold off on making any major credit card or car purchases. Any monthly payments will be
counted against you and reduce the amount of mortgage loan you will be offered.
Getting pre-qualified or better yet pre-approved makes you a strong buyer, welcomed by the seller.
Home Inspection - It is extremely important to hire a reputable inspector so that you know exactly
what you are buying. If you are satisfied with the results of the inspection, then you can proceed.
If the inspector finds problems, you may request for the seller to do the repairs or accept the
property without any repairs.
Appraisal - Your lender will require, to make sure that the home you are buying is worth the money
you are borrowing.
Homeowner's Insurance - To protect your interests (and that of the lender, if applicable).
Walk-Thru - To be comfortable that the home is in the same condition as when you wrote the
Purchase Contract and that any agreed upon repairs have been completed.
Settlement or Closing - a meeting at the title company where all the papers have been collected for
signing. Have your money wire transferred and bring your identification.
Recording - After all the papers have been signed (from both sides) and the monies collected, the
title company will have a runner take the paperwork to the county recorder's office and after it is
recorded, the home is yours.
For Sale By Owner -
If you are selling your
house by owner - I would
be happy to put it on this
website. Just email me a
picture and a small ad and
I will put it on. There are no
strings attached, if at a later
date you should decide to
list with a Realtor, I just ask
for your consideration.
Make a Wish List - Decide -
What is essential
What is a nice extra
What is completely undesirable
Buying a Home
Where to begin the process of looking for a home - Establish priorities in the following 3 areas:
Location - Are you relocating to a new town for retirement, job, - How will the location of shops,
medical, transportation affect your choice of neighborhood?
Personal Taste - How large a home do you need? Style of architecture, kind of lot, amenities
offered by the community? You may have a choice of dozens of styles, sizes and settings
Budget - Familiarize yourself with prices in different areas using the intenet, magazines, drive
thru neighborhoods, talk to friends, etc and then sit down and consider all the things you are
looking for in a home. Make a wish list. By now you will have a good idea what you would like
your dream home to be.
As a community property state, real or personal property acquired by either husband or wife during a marriage may
be considered community property of both. As a general rule, property acquired before a marriage and property
acquired by one spouse by gift or inheritance is considered separate property. Virtually everything else acquired
during a marriage is community property. - An important exception exists for joint tenancy property, on the death of
one joint tenant the property passes to the remaining joint tenant, If you are moving from a state that does not have
a community property law, check to be sure that your will conforms to Arizona laws.