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How Earnest Money Works When Buying a Home In Arizona

So what is earnest money?  When a buyer makes an offer on a home, they will also include a monetary figure called “earnest money” or a “good faith deposit” in the written purchase contract. The actual money is not needed at the time the offer is submitted but should be ...

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What Buyers Need to Know About the Appraisal

Are you new to homebuying process? Maybe you've heard the word appraisal but are unsure what it actually involves.  The appraisal occurs after the due diligence period.  The due diligence period or inspection period as it is referred to here in Arizona begins the day after an offer is accepted.  ...

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Top 5 Mistakes Arizona Homebuyers Make

You decided to buy a home in Arizona? Great! That's fantastic.  Homeownership is a major pathway to building wealth for most people.  But hang on a minute... it's important that you do your homework first. Slow and steady wins the home!  Take your time, do things right and try not ...

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About the Arizona 10-day Inspection Period

When you purchase a home in Arizona, your 10-day due diligence period begins the day after you have a real estate purchase contract signed by buyer and seller and all parties are in agreement to move forward on the deal.  You are given this 10-day time frame as your opportunity ...

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