Category Archives: Tucson Real Estate

Innovative Materials in a New Home

Innovative Materials to Look for in a New Home

Materials For Safety, Durability and Energy Efficient

Innovative materials in new homesIf you’re on the hunt for a new home, you want it to be well-built, energy-efficient, and durable. Homes built with innovative materials do that.

Recently, we’ve seen a boom in home construction innovations, with many new and exciting innovative materials appearing in new homes all across the country.

These materials are high-quality and virtually ensure you’ll have a better living experience with more safety and fewer maintenance requirements.

In case you’re about to buy a new home, let’s have a look at some innovative materials you’d be lucky to find in one.

1. Safety Features

Slips, falls, and injuries can happen to anybody, regardless of age. That’s why, if you’re looking for innovative materials and features in a new home, safety features are a major plus.

All you need are a few handrails here and there, along with some non-slip flooring, touch-less faucets, and smooth, curved countertop edges. Finding a home with at least some of these features will help you sleep a bit easier at night, especially if you’ve got elderly family or children.

2. Solid Surface Materials

Solid surface materials are non-porous and feature no grout lines or connection points within them. This makes for much easier cleaning and improved durability.

Countertops made from acrylic solid surfaces, for example, are known for being low maintenance as well as being some of the most durable and stylistically diverse materials out there.

solid surface kitchen

If you find a home with solid surface materials throughout it, you can count on spending less cleaning time and a lower risk of damage occurring, such as chipping or cracking.

3. High-Quality Roofing

You can find a variety of different types of roofing around Arizona, but if you’re in the market for a new home, concrete roof tiles are a great sign.

tucson tile roofs

While cheaper roofing options like asphalt or wood shakes can work, concrete roof tiles will stand up much better to our blazing heat.

They provide you with innovative materials that are a more energy-efficient option that won’t absorb heat like black shingles do.

 

4. Permeable Pavers

Residential permeable pavers are eco-friendly and can be used to build anything from a simple pathway to an RV parking spot or hidden grass driveway. Pavers create great designs and are incredibly durable and require almost no maintenance. They can also make a perfect pool surround.

permiable pavers

They are very stylistically diverse, with many different types and colors of aggregate to choose from as fill material. If you find a home with permeable pavement, it’s a eco-friendlier and more cost-effective alternative to regular pavement.

Look for these Innovative Materials when Searching for a New Home

If you’re looking for a new home to buy, remember to keep an eye out for today’s latest and greatest materials. All of the features and materials we’ve listed here are relatively inexpensive and can be found in any average home across the country.

Finding a home with one or more of these materials means you’re likely to enjoy easier maintenance requirements, more durability, better style, a high level of eco-friendliness, and improved safety once you move in.

Guest Article by Skylar Ross – is a contributor to the Innovative Materials blog. He is a content writer for the construction and home improvement industries with an interest in landscaping, outdoor remodeling, and interior design.

Skylar is focused on educating homeowners, contractors, and architects on innovative materials and methods of construction that increase property value, improve sustainability, and create a warm and welcoming ambiance.

Considering A Home in Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect……. And what to plan for!

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services. Our professional service backgrounds mean we put you first!

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

Best Season To Buy Property In Tucson, AZ

Is There A Best Season To Buy Property In Tucson, AZ?

What’s Your Guess – Summer, Fall, Winter Or Spring

Tucson Mountains In Arizona Season to Buy The timing of a purchase is a huge factor in the real estate world. It can affect the price and the length of the house-hunting process. In most states, people buy homes in summer. But what is the best season to buy in Tucson, AZ?

However, Arizona is known for harsh summers, so this might not be the case in this state. That’s why this guide for choosing the best season to buy property in Tucson, AZ is essential for those planning to move here.

Choosing the right season will reduce the time you spend on house hunting, and make sure you move into your new home in no time.

Know your priorities

Before you pick the best season to buy property in Tucson, AZ, decide why this is the best time for you.

There are several priorities to think about when finding a home. Consider if you’re looking for the cheapest option, fastest option, or the time with the highest number of active listings.

Only by knowing your priorities can you decide on the best time to start the search.

Get pre-approved

To be able to start the house-hunting process, contact your lender to get pre-approved.

Knowing exactly how much you can afford will give you a much clearer image of the Tucson housing market and help you make the selection a lot faster.

What’s the best season to buy a property in Tucson, AZ?

As we mentioned, the best season to buy a home or other type of property depends on what you are looking for.

However, you should know that even though summers are the most common option, it’s not like that in Arizona. Summers get really hot here, which is why this is not the time when you’ll find too many homes on the market.

But, if you’re looking for a bargain offer, summer might be the right time to look at the listings.

The peak of the market season is summer in most of the states. But in Arizona, the busiest time for sellers and buyers is fall, until early spring. The reason is that the summer season is when most of the buyers are out of town.

That means it is also the least competitive season, which might prove to be successful if you dig deeper and start looking for a home.

Another thing you should know is that Arizona, in general, is the seller’s market. This means that there are more buyers than homes available for sale. Thus, the competition among sellers is not that harsh.

Furthermore, you should probably go for the time when there are a lot of homes available on the market, so you can find something you like. However, don’t forget that the busy season means higher prices, too.

Just be sure to start the search on time, as Tucson, AZ, is one of the most popular places to buy a home in this state, so expect a lot of competition.

How to buy a home and relocate stress-free

Choosing the best season to buy property in Tucson, AZ, is just the first step of the moving process. There are several things to consider when purchasing a home here and preparing for the moving day.

Hire an agent to help you out! Real estate agents are precious in every house-hunting process.

If you’re not from Tucson or need to buy a home remotely, a trustworthy real estate agent can make the process a lot easier. Knowing the local housing marketing, an experienced agent will quickly find a home that suits your family’s needs, budget, and taste.

Think long-term

When making a commitment this big, you need to find a property that will be a wonderful home for a long time. That’s why you should think about your long-term plans, the size of your family, etc. Also, this applies to your budget.

Don’t go over a budget line, so you can afford to pay for your home over the years.

Start planning the move

Finding a home with an excellent real estate agent can happen quickly. That’s why you need to be ready for the moving process.

You can do several things to find a hassle-free way to settle here and move into your dream Tucson home without any problems.

Make sure to:

  • hire reliable, high-quality movers that will not cause any trouble;
  • get rid of all the unnecessary items before you start packing;
  • pack systematically, organizing and labeling your boxes for a faster unpacking process;
  • start on time – as soon as you start house-hunting, you can start planning your moving tasks;
  • have a moving checklist to guide you – a list of tasks you need to finish until the moving day will help you not forget something and complete everything on time.

Consider both pros and cons of your favorite property

Remember…….No house is perfect.

You may like it a lot, but there are probably some flaws you should be aware of. Be sure to understand the things home sellers are legally required to disclose.

This way, you will know what to expect from the property, even though you might have fallen in love with it at first sight. Be realistic about this purchase, as this is one of the most significant investments for most families.

Start house hunting as soon as possible

If you’ve made the decision and want to move to Arizona, start the house-hunting process as soon as possible. Depending on the nature of your purchase, you can easily pick the best season to buy property in Tucson, AZ.

However, you should start the search on time to not miss some great opportunities.

The Above Article Is A Guest Post

Considering A Home In Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

But most important, our professional service backgrounds mean we put you first!

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

Investing In Real Estate

Investing In Real Estate

Is It A Good Investment …….. For You?

Investing In Real EstateFor many people investing in real estate means buying a home. But there are other options to consider depending on ones objectives.

Residential real estate includes single-family homes, condominiums, apartments, townhouses, duplexes, and so on. Residential rental is different than commercial properties.

Tenants of commercial properties tend to be corporate entities or businesses. Not individuals who live in the property.

Residential rental property can be an attractive investment. Most people have firsthand experience with the rental market as tenants.

This familiarity makes residential rental properties less intimidating than other investments. A residential rental property can provide monthly cash flow. Cash flow and long term appreciation is why people invest in real estate.

The following guest article presents insights to owning rental properties.

“Benefits Of Investing In Real Estate”

Investing in real estate can be a highly profitable business.

If you are aiming for long-term prosperity and passive income, this is the gig of your dreams. You obviously need initial capital to be a part of this industry, but the money you spend now will propagate substantially (sooner than you think if you play your cards right).

Becoming a landlord is the shortcut to becoming rich fast and conserving the wealth for generations. Once you realize the financial prospects of this venture, you won’t hesitate to turn it into a full time career.

Real estate attorneys vouch for the returns of investing in this industry by elaborating the immediate benefits:

You get to be your own Boss

If you are fed up of your regular 9 to 5 and the pay is equally disappointing, real estate management might be your calling.

You do not need a particular kind of education to get in this business, and learning the basics does not require ample grey matter. You might have to take some well-calculated risks in the beginning, but being your own boss will compensate for minor setbacks.

Once you have acquired property and found a bunch of good tenants, income generates on its own. You will free up plentiful time in your schedule to pursue dreams and activities that matter to you.

You won’t be answerable to anyone and gain the privilege to work on your own terms.

Financial Stability and Security

The best thing about being a property owner is that you never go broke.

Yes, the overall value of your real estate may fluctuate marginally over time, but a piece of land is never useless. Real estate purchased by you translates to tangible assets, which can be cashed anytime.

The continuous revenue you collect from tenants pays off your mortgages and loans; it also helps you build equity fast and stay out of debt.

Renting out multiple properties can generate enough income to contribute to savings; you can retire early and enjoy the rest of your life.

Landlords have the privilege of welcoming inflation with open arms. The growing cost of living means that housing charges will go up too. The pressure of elevated expenses will transfer to your tenants, allowing you to maintain a comfortable lifestyle.

Old Investments are Gold

Bear in mind that when you invest in real estate, you are in for the long haul. If you are looking for a temporary commitment, this business might not be a good fit.

The price of real estate increases as the locality develops and populates. Acres of empty land you acquire for cheap this year may be worth a fortune a decade or two later.

It is always smart to invest in property that has potential to be converted into residential or commercial area. Apart from reaping huge profits in the future, you will be doing a favor to the community.

Tax Incentives

Real estate owners who lend property qualify for various tax exemptions, such as not having to pay self-employment tax on rental income.

The government also offers tax breaks for insurance, maintenance, repairs, and depreciation of property.

In addition, all money spent on traveling and legal expenses associated with real estate is deductible. Long-term investments allow for lower property taxes, thereby reducing overheads with time.

Author Bio

John Adams is a paralegal who writes about widespread legal and social issues. He helps readers overcome challenges and solve many personal problems the smart way, rather than the hard way. He aims to reach out to individuals who are unaware of their legal rights, and make the world a better place.

Other Thoughts

A BIG consideration when investing in real estate is the investment is NOT liquid! Should the local real estate market tank and you need to sell, you may not be able to get your investment back. At least not all of it. You need to think “long term” as an individual investing in rental properties.

For those that already have rental properties in the investment portfolio and want of invest in stronger markets, consider a 1031 exchange. If you don’t have 1031 properties, you can set one up.

There are additional tax considerations when investing in real estate. As a passive investor the IRS has limitations on any losses you can deduct from other income you might have. Also, if your rental properties are out of the state you live in, you will have additional state income taxes in addition to property taxes. Be sure to discuss any potential investment in real estate with your tax advisor.

Last, have a local real estate attorney involved in your transaction. They know the market and the governing law.

Considering A Home In Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services. Our professional service backgrounds mean we put you first!

Selling Your Home In The Greater Tucson Area?

Selling a home requires more than listing it in the Tucson MLS system. It’s about marketing. Marketing through multiple online channels.

To no one’s surprise, 80% of home buyers start their search on the internet. Homes must be visible on multiple internet channels. The more visible a home is, the faster it will sell.

And the photos on the mls make a difference. You can spend lots of money on home staging, but if the photos aren’t great it doesn’t matter. Staging and stunning photos make it all come together.

We use multiple online marketing channels to showcase your home. We will build a stand-alone website built to show your home. Our marketing program targets key cities in the U. S. based on the season.

For luxury listings, our drone service provides video of your home and neighborhood. This video along with professional photos helps the online buyer see and feel your home. Their “new” home.

To learn more about how we can help you sell your Tucson home, call us – 520-940-4541 – to arrange a meeting. We will visit your home and prepare a comparative market analysis.

Then we will meet with you to review our analysis. We will go over our Comparative Market Analysis for your home in detail. And the review our marketing program to “get your home sold!”

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

1031 Exchange

Understanding The 1031 Exchange

The Tax Code May Help You Own A Home In Tucson

A 1031 exchange is a type of real estate transaction that can defer any taxable gains. The key to a 1031 is an exchange is that the acquired new property must be “like-kind” property.

1031 Exchange of Like Kind Property
Tax-free exchanges of property are covered under Section 1031 of the Federal Tax Code.

The advantage of a 1031 exchange is that income taxes are not paid at the time of the exchange.

Section 1031 of the tax code creates property “classifications”.

The classification of a property determines if a property qualifies for a “1031 exchange”.

 

There are four classifications of Real Estate established by the Internal Revenue Service.

  1. Primarily held for sale. (Dealer Property)
  2. Held for personal use. (Personal Property)
  3. Held for investment. (Investment Property)
  4. Held for productive use in a trade or business. (Business Property)

Only classifications 3 & 4 qualify for a 1031 Exchange.

Property received and the property sold “or given” must be of “like-kind“. The use of the property determines its classification. Should the receiver of the property use it differently, it does not affect your tax status.

Like Kind Exchange Basics

To avoid any current taxable gain, you also must avoid receiving any “boot.” Boot means cash and/or property that is not like-kind property.

When mortgaged boot also includes the excess of the mortgage on the sold property.

If you receive any boot, you will incur a tax liability on any gain equal to the lesser of:

  • The value of the boot or
  • Your total gain on the transaction based on fair market values.

In the case where the boot is small, taxes will be small as well. On the other hand, if you receive lots of boot, you could have a big taxable gain.

To avoid receiving any boot, swap a less-valuable property for a more-valuable property. That way, you’ll be paying boot rather than receiving it.

Paying boot won’t trigger a taxable gain on your side of the deal.

The Key Is “Like Kind”

Remember “like kind” is based on your use of the property. Its grade or quality is not considered. Section 1031 treatment is not applied to property held outside the United States.

Vacation homes do not qualify for Section 1031 treatment if used solely for personal use. But may qualify if rented. It must pass a use test each year. Search Condos For Sale in Tucson AZ.

This information is provided as general background on the subject of Section 1031 exchanges. It does not cover all issues or rules on the subject. It is not a substitute for advice from your professional tax adviser. You should always consult your financial or tax adviser on such matters.

Like-Kind Exchange Tax Basics

The deferred gain in Section 1031 swap rolls over into the replacement property. It remains un-taxed until you sell that property in a taxable transaction.

Now should you die and still own a 1031 exchange property, the tax basis is “stepped up” to Fair Market Value. FMV is set as of the date of death — or as of six months later if your executor makes that choice.

This beneficial washes away most – or all – of the taxable gain on the replacement property.

If your heirs sell the property, they would only be taxed on gain that accrued after the magic date, if any. Nice!

Section 1031 rules and the step-up-on-death are why real estate helps make fortunes.

Selling An Existing 1031 Property?

Selling or “relinquishing” a 1031 property has some critical timelines to follow.

From the date of the sale of a 1031 property, the Exchangor has 45 days to identify replacements. Then a new timeline begins.

This time line runs for 135 days, assuming 45 days where required to identify new properties.

The time from the sale of an existing property to buying a new one can not exceed 180 days.

Should you want to identify or buy more than one property, you need to;

  1. Identify up to 3 properties of any value with the intent of buying at least one.
  2. You can identify more than 3 properties. But the aggregate value of the 3 must be less than 200% of the market value of the sold property.
  3. Should the value for the 3+ properties exceeds the 200%, you need to buy at least 95% of the value of the identified properties.

Time out!

If you are new to 1031 exchanges, take the time to discuss your interests with an expert. It may save you a lot of money.

Considering A Home in Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your home buying interests and desires. At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home. Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services. We will also help you get deals on tile and paint to make the home you buy yours.

Best of all, our professional service backgrounds mean we put you first!

Conclusion

A 1031 exchange may be one way to buy a home in Tucson.  But it is only for investment properties not primary homes. If you have 1031 investments you should also understand how a reverse 1031 exchange may be helpful.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

Tucson Roof Inspections And Home Buyers

Consider A Tucson Roof Inspection When Buying a Home

What Home Buyers Need to Know

Tucson Roof InspectionsA Roof Inspections is a must when buying a home. Even new construction!

As with all inspections, complete it during the inspection period.

Roof Inspections are common and usually done as a result of the Tucson Home Inspection.

If you don’t know a roof inspector, we can provide you some options.

As with all home Inspections, the results of a Tucson Roof inspection is provided a written report for your review.

Should the Tucson Roof inspection identify any issues, they should be included the repair request to the seller – the “BINSR”.

New Construction – Inspect It!

As mentioned above, we recommend new home Buyers have inspections scheduled during construction. That include a roof inspection upon completion.

Why? Unless you are adventurous, you aren’t going up on the roof to look at it. Second, the builder isn’t going to tell you if something isn’t correct. We have seen missing flashing, nails through vent stacks and broken tiles.

As the buyer you will pay for all Tucson home inspections. Your new home is a big investment. Be sure you get what you paid for. Inspect the builders work.

The Arizona Board of Technical Registration sets forth specific criteria on what a Tucson Home Inspector should look for when inspecting a roof.

We will be pleased to suggest companies that do Tucson Roof Inspections.  We have worked with many and know the “better” ones.

Other Inspections to Consider

In addition to a roof inspection, ask your Realtor what else should be done during the inspection period. Suggestions for a complete Tucson Home Inspection should include.

Considering A Home In Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home. Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services. Our professional service backgrounds mean we put you first!

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

Tucson Home Buying Process FAQs

What To Know About The Tucson Home Buying Process 

Answers To The Top FAQs About Buying A Home In Tucson AZ

Tucson Home Buying Process - FAQ'sFAQ #1 – What is title insurance?

Most people understand “traditional” insurance policies. They protect insureds against future losses.
 
For example, a car insurance. It protects the driver from future accidents. A health insurance policy will protect an insured from future health problems.
 
Title insurance is different. It protects insureds against claims for past occurrences.
When “real property” is bought or sold, a record of the transaction is enter into the public archives. Anyway, it should be, but isn’t always.
 
Other events that may affect the ownership of a property, like liens or levies, are also archived. Again, they should, but aren’t always.
 
Title insurance protects the buyer of a home and their lender from errors in the records. A title company searches public records to find the errors. And remedy them if possible.
 
After this search, the underwriter will determine the insurability of the title.
 
Risks include filing errors, forgeries, or undisclosed heirs, are difficult to identify. This creates the potential for a claim ownership on a property owned by someone else.
 
Title insurance helps protect the buyer and lender from such an issue.
 
A loan policy protects the lender’s interest in a property for the amount of the loan balance.
 
The owner’s policy insures the buyers ownership rights to the property. Even though you’ll pay for this policy only once, your coverage will last as long as you own your home.
 

FAQ #2 – Who Pays For The Title Insurance Policy?

First off there are 2 title insurance policies. One for the buyer and one for the lender.

The party responsible for paying for each policies varies by state. In Arizona, the buyer pays for the lender policy if they are buying a home with a mortgage.

The amount insured is the amount of the loan the buyer received to buy the home.

The seller pays for the buyers title insurance policy. The amount insured is the price the buyer paid for the home.

The title insurance policy protects the buyer against loss of the property.  A loss may occur due to defects in the title.  Various liens, encumbrances, adverse claims may not have been disclosed before date of policy.

But everything is negotiable when buying a home. At least in Arizona.

And there may be a discount if both title insurance policies come from the same company.

FAQ #3 – What is a wood-destroying organism inspection report?

A wood-destroying organism inspection is called a “Termite Inspection Report” in Tucson.  A Termite Inspection report is a written opinion by a licensed inspector.

The report details any visible signs of termites evident at the time of inspection. But the inspection report does not or guarantee the structure to be free from wood-destroying organisms.

Wood-destroying organisms include subterranean termites, damp wood termites, carpenter ants, wood boring beetles and wood decay fungus.

There are 1,000’s of species of termites in Arizona. The saying is, “it is not if you will get termites, it is when”.

FAQ #4 – What are the hazards of lead-based paint?

Homes and condominiums built before 1978 have lead-based paint.
 
Lead based paint can create lead dust. Especially on surfaces that can rub together. And lead dust or chips can pose a serious health hazard.
 
Home buyers have rights to know whether lead is present in the home they are buying. Before signing a contract.
 
A federal law requires buyers and sellers to receive and read a pamphlet on lead based-paint. The pamphlet presents the hazards of lead-based paint for homes built before 1978.
Homes listed for sale by Multi Listing Services in Arizona require a lead-based paint disclosure if the homes was built on or before 1978.
If you have questions, ask your Realtor for more information.

Tucson Home Buying Process FAQ #5 – What are closing costs?

Closing costs are charges paid when buying or selling of real estate.  For sellers, closing costs are 2% to 3% of the total sales price of a property.  Real Estate commissions paid to an agent are additional costs.

Closing costs include items such as discount points on a loan, escrow fee, documentation fees, pre paid homeowners’ association fees and title insurance premium.

Tucson Home Buying Process FAQ #6 – What is the difference between “pre-qualified” and “pre-approved”?

If a buyer is “pre-qualified” it has been determined, by a loan officer, what price the buyer can afford.  A “pre-qualification” will be based on the down payment, debts and the amount the mortgage company will approve for the mortgage.

Being “pre-qualified” is only a determination of probable credit.

When “pre-approved”, the buyers credit, employment and funds have been approved by the lender.

FAQ #7 – What should a home inspection include?

Every home inspection should include, but not be limited to, an evaluation of the following:

  • Foundations
  • Roof
  • Heating and air conditioning systems
  • Ventilation
  • Common areas (for condominiums)
  • Septic tanks, wells or sewer lines
  • Insulation
  • Plumbing and electrical systems
  • Ceiling, walls and floors
  • Doors
  • Hazardous materials concerns

FAQ #8 – What property details are usually included by Listing Services?

Usually, properties listed will include the following details:

  • Location
  • Photograph
  • Price
  • Utilities
  • Amenities
  • Annual property tax
  • Current financing (when assumable)
  • Listing company

FAQ #9 – What is included in the Purchase and Sales Agreement

  • Agency Disclosure
  • Financing Addendum/Clause
  • Earnest Money Receipt
  • Inspection/Clause
  • Conditions/Disclosures Addendum
  • Contingency
  • Addendum Outlining Special Conditions
  • Lead-Base Paint Notification
  • Property Disclosure Form (completed by Sellers)

FAQ #10 – What does the designation – REALTOR®  – mean?

REALTOR® identifies real estate professionals who are members of the National Association of REALTORS® and subscribe to its strict Code of Ethics.

Not every real estate agent is a REALTOR®. A REALTOR®may be an appraiser, property manager or involved in some other aspect of the real estate business.

Considering A Home In Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your home buying interests and desires. At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. You are a client and, future friend. We strive to create a relationship that continues long after you move into your home.

Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services. We will also help you get deals on tile and paint to make the home you buy yours. Our professional service backgrounds mean we put you first!

Selling Your Home In The Greater Tucson Area?

Selling a home requires more than listing it in the Tucson MLS system. It’s about marketing. Marketing through multiple online channels.

To no one’s surprise, 80% of home buyers start their search on the internet. Homes must be visible on multiple internet channels. The more visible a home is, the faster it will sell.

And the photos on the Tucson MLS makes a difference. You can spend lots of money on home staging. But if that effort isn’t correctly shown in the MLS photos, you are not getting the full benefit.

We use multiple online marketing channels to showcase your home. We will build a stand-alone website built to show your home. Our marketing program targets key cities in the U. S. based on the season.

For luxury listings, our drone service provides video of your home and neighborhood. This video along with professional photos helps the online buyer see and feel your home. Their “new” home.

To learn more about how we can help you sell your Tucson home, call us – 520-940-4541 – to arrange a meeting. We will visit your home and prepare a comparative market analysis.

Then we will meet with you to review our analysis. We will go over our Comparative Market Analysis for your home in detail. And the review our marketing program to “get your home sold!”

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

Fair Market Value

Fair Market Value Is What Your Home Is Worth – Today

Understand What FMV Means to You

fair market valueFair Market Value is the answer to the question; “What is my home worth”. Fair market value (FMV) is an estimate of the market value of a home or other property.

Or the amount a knowledgeable buyer will pay to a knowledgeable non-pressured seller. In the current market conditions!

Fair market value differs from the “intrinsic value”. That is the value a homeowner may place on their home based on their circumstances or desires.

Every rational owner wants the very best home price and terms for their or her home.

But current market conditions and interest rates will affect what homes sell for. The desire is to get the highest price and best terms during the time your home is on the marketed.

It should be recognized that selling a home isn’t straight forward math. 2 + 2 may not always equal 4 in the real estate market. Each transaction is different. Each seller has different objectives when they want to sell their home.

And every buyer has different financial considerations and personal wants that need to be balanced.

What’s The Right Value

What is your home worth? Fair Market Value during the time it is being sold in the then current market conditions!

Every home has a price the home is sold at. However, when it is initially being listing for sale, there may be three prices for the home. The price homeowners want, the price a buyer is going to offer and the price a willing buyer and a willing seller agree upon.

In determining a home’s fair market value, several factors come into play:

The fair market value of a home is relative to the local market. The same home, in another location, would most likely have a different fair market value.

One of the top factors is the overall economy and the supply and demand for homes.

In a city with a growing population and a limited housing supply, it’s very likely home sale prices will be rising. Known as a sellers’ market.

If the area is losing jobs and people are moving out, then you’ll likely see home values declining. A buyers’ market.

Homeowner needs will also have a significant effect on fair market value. If a homeowner “must” sell quickly, they will have little leverage or negotiating power. When a homeowner has no need or incentive to sell quickly, they will have stronger negotiating power.

Homes prices are not based on what owners’ “needs” out of the sale. An owner may want to sell for $300,000 in order to net $100,000 for their next home purchase.

However, the $300,000 price tag needs to be a “reasonable” fair market value in the eyes of the buyer. If similar homes in the local community have been selling for $250,000, the seller may not get what they want unless their home has a greater perceived fair market value.

Other Factors Effecting Fair Market Value

A few key factors include the type of home, where it is located, how many homes have sold in the area, home sale prices and when they sold.

For illustration, suppose you might be selling your townhouse. Suppose also that there have been five recent sales of the model you own and that sale values have ranged between $200,000 and $210,000.

You and any buyer could probably estimate the price your home would sell at. In a strong market a seller might ask for $210,000 or a bit more. If the market weak, $210,000 may be a reasonable listing price, but the actual fair market value sales price could be lower.

As a second example, consider that you are living in a neighborhood of Victorian-style historic homes, the majority of which were built in the 1920s. Each the homes is different in terms of size, condition, upgrades, details and features.

In such a neighborhood, an average home sale price is just a number without much useful meaning. In one block a home may sell for $400,000 and another nearby home listed at more than $1 million.

Understanding what the fair market value is for your home, in your neighborhood, in the current market conditions is key to getting your home sold.

Thinking About Selling Your Home In The Greater Tucson Area?

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your  interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home selling process.

Selling a home requires more than determining its fair market value and listing it in the Tucson MLS system. It’s about marketing. Marketing through multiple online channels.

To no one’s surprise, 80% of home buyers start their search on the internet. Homes must be visible on multiple internet channels. The more visible a home is, the faster it will sell.

And the photos on the mls make a difference. You can spend lots of money on home staging, but if the photos aren’t great it doesn’t matter. Staging and stunning photos make it all come together.

We use multiple online marketing channels to showcase your home. We will build a stand-alone website built to show your home. Our marketing program targets key cities in the U. S. based on the season.

For luxury listings, our drone service provides video of your home and neighborhood. This video along with professional photos helps the online buyer see and feel your home. Their “new” home.

To learn more about how we can help you sell your Tucson home, call us – 520-940-4541 – to arrange a meeting. We will visit your home and prepare a comparative market analysis.

Then we will meet with you to review our analysis. We will go over our Comparative Market Analysis for your home in detail. And the review our marketing program to “get your home sold!”

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

Prequalification vs Preapproval

Pre-qualification vs Pre-approval In the Home Buying Process

 Key Facts You Need to Know

prequalification vs preapprovalPre-qualification vs Pre-approval are significantly different terms. Know what these terms mean BEFORE starting your Arizona home buying process.

Many first-time buyers or individual who have not bought a home in some times do not know what these terms really mean.

Search Homes For Sale in Tucson Arizona

Or how having a pre-qualification vs pre-approval may effect their ability to buy a home in Tucson Arizona.

In today’s mortgage environment every potential buyers needs to understand the meaning of pre-qualification vs pre-approval.

Pre-qualification vs Pre-approval Defined

Pre-qualification is the initial step in getting a mortgage. The potential mortgage lender wants to know the overall picture of your financial situation. Information a lender will want includes your income, assets and any debt.

Based on this information a lender will be able to provide an estimate of the mortgage a person will qualify for. The estimate is based on the information you have provided WITHOUT verification by the lender.

Therefore the “Pre-qualification” is just that. Pre-qualified means “without verification”. An estimate of how much you could borrow BEFORE all of the financial information is submitted and verified.

In Arizona, a potential home buyer must submit a mortgage pre-qualification with their offer to purchase a home. It is REQUIRED.

Pre-approval is the next step in the mortgage lending process. This step usually completed after the purchase offer on a home has been accepted by the seller. Pre-approval ususally starts after an offer to purchase a home has been accepted by the seller.

The lender will require you to submit documents related to your income, assets and debt. The lender will “verify” that information. After the verification process the lender will confirm your ability qualify for a loan. Additionally, the lender will indicate the amount of the mortgage they will lend to you.

Pre-qualification vs Pre-approval which is better?

When you are buying a home in Arizona must submit a Pre-qualification form with their offer to purchase a home. However, should the next step – preapproval – limit the mortgage amount required, you may not be able to purchase the home you want.

Accordingly, having the Pre-approval BEFORE you start your home search is recommended. You will know exactly how much you can borrow and much you will need as a down payment.

This will also help the realtor you choose to work with. Knowing the amount, you can afford will narrow the home search. This will help you to find and purchase your new home more quickly.

Final Comment

Submitting an offer that shows you are “PRE-APPROVED” will give the seller better assurance your offer is good, and their home will be sold. Having a preapproval will put you in a stronger negotiating position!

Considering A Home in Tucson, AZ?

Are you thinking of buying a home in the greater Tucson area? Finding the right home can be a challenging process. But we can make the process much less stressful for you.

We have been Tucson Realtors since 2002. We know Tucson and the Tucson Real Estate market. As a top Realtor duo, we invest the time to understand your home buying interests and desires.

At our first meeting, we will review the current real estate market with you. Show you the market data and then walk you through the Arizona home buying process.

Why? We want you to know what to expect. And what to plan for.

Interested in new construction? We’ll brief you on buying a new construction home. And what’s unique about the process.

For us, you are not another real estate transaction. Our goal is to provide insight, advice and the highest level of professional services to you. We want you to be proud to recommend us to your family, friends and acquaintances.

Review our profiles. Check out our backgrounds, education, and certifications.

We are here to help you “know what you need to know” to buy a home in Tucson, AZ. We provide you information on Tucson events, places to shop and restaurants. Our resources include contractors, electricians, and home services.

But most important, our professional service backgrounds mean we put you first!

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

BACK to the ANSWERING MORTGAGE QUESTIONS page.

What Is An Appraisal

An Appraisal Is Required for Mortgage Processing

 Critical Points to Understand in An Appraisal

 

What Is An AppraisalWhat is an appraisal for a home? Simply, it is one of the last pieces in obtaining a home mortgage, but a big one! The appraisal establishes the “value” of the home being purchased compared to the purchase price and the amount of the mortgage.

Update On the Home Appraisal Process – January 2015

Numerous factors come into play when a lender makes their commitment to finance a home loan. Lenders investigate at a borrower’s financial picture, including information such as income, standing debt, and savings.

They also evaluate a borrower’s credit; good credit is vital to securing a home loan. Other factors, such as a steady employment history, go toward a lender’s decision on whether a prospective borrower is a good risk for a loan.

What is an appraisal in the eyes of a Tucson home buyer?

As part of the mortgage loan process, lenders need to know that the “value of a home” being purchased compares to the purchase price.

An appraisal establishes a home’s value for the lender. To ensure the creditability for lenders, appraisals are done by a state licensed appraiser. Appraisers will review the home against “comparable” homes sold in the local area or neighborhood and give their opinion of its value.

Their opinion is documented in a written report when their work is completed.

So, what is an appraisal? It is a licensed appraiser’s opinion of the value of a home in the area is located under current real estate market conditions. If a home doesn’t appraise for at least the purchase price, lenders won’t lend.

As a home buyer, you will be provided a copy for the appraisal. You paid for it, you own it. But you can’t order the appraisal! If the home you want to purchase, doesn’t appraise, talk with your Realtor about getting a price adjustment from the seller.

What is an appraisal in the eyes of a Tucson home seller?

Whenever you are selling a home, you want to price your home at its fair market value in the current real estate market conditions. This should be done for two reasons.

1 – To attract buyers to your home. If the price is “over the market” in your area, buyers will likely exclude it from their home search. Most buyers have a price range in which they look. If a home is priced out of that range, they may not even take the time to look.

2 – Obviously, if the buyer is financing the purchase, the home must appraise at or above the purchase price in order for the buyer to obtain a mortgage.

As a seller, it is important to select a Realtor with the professional skills to work with in setting the selling price for your home in the current market conditions. In a situation where there haven’t been any homes recently sold in your area, it may be appropriate to have an appraisal to validate your selling price.

Discuss this option with your Realtor to determine if the expense is worthwhile. Most Realtors are qualified to establish the “market value” and listing price for a home.

If you and your Realtor elect to have a “pre-listing” appraisal done here are a few points pay particular attention to in the appraisal report. Verify square footage, number and type of rooms, date of original construction, and all basic features of the property. Be sure that any updates or renovations are included in the appraisal report. Point out any inaccuracies to the appraiser and have the report updated as needed.

You won’t be able to influence the appraiser that prepares the appraisal report, but here are some home appraisal tips that might help.

Summary

Whether buying or selling a home, select a Realtor as you would an accountant, attorney or a trusted adviser. Select them because you are confident, they are experienced and honest.

They will be able to answer the question – what is an appraisal – and other questions about buying or selling a home in Tucson AZ.

Conclusion

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA

BACK to the ANSWERING MORTGAGE QUESTIONS page.

Escrow Process

Escrow Process Overview

 From Accepted Purchase Offer To Close Of Escrow

escrow processThe escrow process starts when the seller and the buyer agree to the buyers offer. “Agree” means both buyer and seller have signed all documents.

Once done, the buyers Realtor will deliver the buyers “earnest money” to the escrow company. The earnest money check and the executed contract trigger opening the escrow account.

An escrow account used to receive and disperse all monies for the transaction.

The terms of the executed contract guide the escrow company through the process.

The Arizona Offer To Purchase identifies what each party to the contract must do and by when.

Home Inspections

In Arizona a home inspection is a standard event in the purchase process. The buyer will need to schedule an inspector, have the inspection completed and report prepared within 10 calendar days after contract acceptance.

Lenders require the buyer and the property meet various conditions before granting a loan. They will want to receive a preliminary title policy, title insurance to protect the lender against title errors, termite inspections and an appraisal to assure that the home has sufficient value to secure the loan.

The buyers Realtor will typically arranges required inspections. The sellers Realtor will normally be on-site during the inspection.

How long does it take to close the escrow process?

Here again the Arizona purchase contract requires a close of escrow date be specified. It can be change should circumstances require it. However, both parties must agree to any change in writhing.

Today’s mortgage process will typically take 5 to 7 weeks. Accordingly, the seller should have ample time to be packed and ready to move on or before the close of escrow date.

What happens?

Closing or “closing escrow” as it is known in Arizona is the submission of all transaction documents to the responsible county office. In almost all cases this is done electronically by the escrow company.

Both the buyer and seller will meet with the escrow officer to execute the documents required to transfer the home to the buyer along with all mortgage loan documents. Upon execution the loan documents are sent to the lender for review. When all documents are complete the lender will fund the loan at the escrow company.

The escrow closing officer will review the sale agreement and determine what payments and credits the owner should receive and what amounts are due from the buyer. The closing agent also assures that certain transaction costs are paid (taxes and title searches).

When everything is complete, the sale is recorded at the Pima County Recorder’s Office. This is actually done electronically.

Selling Your Home in The Greater Tucson Area?

Selling a home requires more than listing it in the Tucson MLS system. It’s about marketing. Marketing through multiple online channels.

To no one’s surprise, 80% of home buyers start their search on the internet. Homes must be visible on multiple internet channels. The more visible a home is, the faster it will sell.

And the photos on the mls make a difference. You can spend lots of money on home staging, but if the photos aren’t great it doesn’t matter. Staging and stunning photos make it all come together.

We use multiple online marketing channels to showcase your home. We will build a stand-alone website built to show your home. Our marketing program targets key cities in the U. S. based on the season.

For luxury listings, our drone service provides video of your home and neighborhood. This video along with professional photos helps the online buyer see and feel your home. Their “new” home.

To learn more about how we can help you sell your Tucson home, call us – 520-940-4541 – to arrange a meeting. We will visit your home and prepare a comparative market analysis.

Then we will meet with you to review our analysis. We will go over our Comparative Market Analysis for your home in detail. And the review our marketing program to “get your home sold!”

Conclusion

Needless to say, the process outlined above is a summary of the key events and steps in the escrow process. Our job as your Realtor – either buyer or seller – is to work with you in the process.

Thank you for visiting www.premiertucsonhomes.com! It’s one of the top real estate websites in Tucson. Our clients tell us that.

Our website provides information on communities and neighborhoods in the greater Tucson area. Want more? Give us a call – 520-940-4541.

We are ready to answer your questions and help you get the information you are looking for.

We are a top Realtor team in Tucson, AZ since 2002. Take a few minutes to read our profiles and client testimonials.

Are we the Tucson Realtors you have been looking for?

Sign UP to receive daily HOME TRACKER UPDATES - OR - Our Monthly NEWSLETTER. And get regular updates on the Real Estate Market and events in Tucson, AZ.

Questions about the Tucson Real Estate Market or Tucson Homes for Sale? Call Us - 520 940 4541 OR complete the - CONTACT FORM - and we will get right back to you!

 

Back to – HOW TO BUY A HOUSE IN ARIZONA