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Residential real estate transactions are complex undertakings that involve several steps. Understanding each step and what happens during them is crucial if you buy or sell a home. Two concepts often the source of questions are earnest money and escrow. What is...
The home buying process is complex partly because of the many steps that come between finding the right home and being able to close on it. During the process, you will likely make an offer on the home. After the offer is accepted, a title search must be done. A title...
When looking to buy real estate, you may discover that the land has an easement. An easement is a right granted to a party who is not the property owner the ability to use that land. A common example is when a shared road runs through one party’s land and connects to...
A lease agreement serves as the basis of the landlord-tenant relationship. It specifies each party’s rights, privileges and obligations. Most importantly, a lease agreement is legally binding and can be enforced in court. Because a lease agreement is a crucial...
When buying a piece of real estate as an investment, it is important that you understand the future value of that real estate to carefully determine the offer amount you would like to put in. Sellers try to maximize their profits, so you may need to push back against...
Yes, negotiations nearly always occur when looking to lease commercial real estate in Arizona. The landlord will expect to negotiate, and so should you. If you have never held a commercial lease, you do not want to appear unsavvy about the negotiation process, or you...
If you’re moving to Arizona from another state and buying a home, you may be surprised to learn that sellers aren’t required to disclose as much information about the history of a property as they are in most other places. The same is true for those who lease or rent...
Acquiring a property for your business can be a significant milestone. However, whether you are a first-time investor or a seasoned one, getting lost in the excitement can be quite easy. And the long-term consequences can be devastating for your business. If you are...
Homeowners with financial difficulties, including those facing imminent foreclosure on their homes, may decide that they need to sell their homes even if they don’t make enough to pay off the mortgage. This is known as a short sale, and it’s a complex real estate...
When you are looking to sell a home, one thing that you may do is look at comparable properties ("comps") in the neighborhood. The idea is simply to get an idea of what your home is worth by seeing what other homes around yours are selling for. Once you know what they...
