Tag Archive: Appraisal

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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