Due Diligence and The Inspection Period Once the offer is signed it becomes a contract and the inspection period begins. Now the burden is on the buyer to begin the due diligence regarding the property to determine if it is the right property for them. The inspection period is typically a 10 calendar day window
Let’s sit back and take a look at what happened in 2023 in the Phoenix real estate market. There was a lot going on! Prices bottomed out at the beginning of 2023. Speculation on what the Federal Reserve was going to do was a daily discussion. Pundits were obliged to opine on what this would do to inflation and interest rates. Like I said, what a year!! And the big question, what did all of this do to prices and home sales. Buck up because that’s exactly what we’re going to discuss.
Most Unique Phoenix Real Estate Waterfront or lakeside living is a hidden gem in the Phoenix area representing a very unique type of real estate for a desert environment. It represents less than 1% of the residential homes in the area and often overlooked by many potential buyers. Waterfront property can be categorized as waterview
Scottsale Ranch – Scottsdale’s Luxury Lake Community The gem of Scottsdale Ranch, a lake community is Lake Serena, a 42 acre lake that allows pontoon boating, canoes and kayaking. There are many gated communities with waterfront views that will impress almost any buyer.
Prevent Title Fraud – Pinal County There are all kinds of fraud in our society today. Another one to be added to the list is title fraud. Unfortunately, it can be done without a property owner even knowing that it has taken place. Also disturing is the fact that many victims of this crime know
What happened in real estate this year? This year has been like the last couple of years in the Phoenix real estate market, loaded with change. That’s the only constant. We need to look at the 2023 Phoenix real estate market update YTD. In particular, we are dealing with the effects of higher mortgage interest
The Lakes at Rancho El Dorado The Lakes at Rancho El Dorado is a 575 acre lake community in the city of Maricopa in Pinal county with a variety of floor plans from many different builders. Boating is allowed on the lake for non-motorized watercraft. A new 8 acre park with two little league ball
Tool to avoid title fraud The Maricopa county recorder recently rolled out a tool to help homeowners avoid title fraud. It has been on the rise and can be financially devasting to a homeowner. This title fraud alert tool notifies homeowners when a document is being recorded that has their name or the name of
Supreme Court Issues Unanimous Ruling On May 25, 2023 the U.S. Supreme Court issued a ruling in the Tyler vs. Hennepin County case. The Supreme Court unanimously ruled that Hennepin County violated the 5th Amendment Takings Clause when it confiscated, sold and kept the entire amount of the sale. The $25,000 of Ms. Tyler’s equity
Boat Friendly Lake Communities in Phoenix Some potential home owners want to look at something besides a block wall when they’re in their backyard. That’s where waterfront properties in Phoenix residential boating communities become very appealing. Then there are those that ask, “Does this lake allow boating?” This leads to another set of questions. For
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