Write and negotiate an offer: The Arizona Residential Resale Purchase Contract is the primary form used in residential sales. There is a corresponding purchase contract used for vacant land sales. The contract is between a buyer and a seller and establishes the terms and conditions of the sale of residential property. There is a lot of "boilerplate" language and items that can be … [Read more...]
The Home Buying Process: Part 2
by Francy Thompson on April 14, 2008
Francy's note: I have tried several times to shorten this post. It appears I have a lot more to say than I initially thought (no Jay, that doesn’t mean I’ll be posting more often – it just means this may have to be a multi-post series). Identify a property. The internet can be a great asset to your search for a property - especially if you’re not sure of the area where you want to be. … [Read more...]
The Home Buying Process – Part 1
by Francy Thompson on April 12, 2008
Jay's Note: I've been trying to get Francy to write a post for months years. Today, after handling email inquires from two first time buyers, she finally caved. For most of us buying a home is the most expensive purchase in our life. Making the right choices can save time, money and future headaches. We are often asked about the process and I thought it might be helpful for home buyers to have … [Read more...]
Real Estate FAQ: What is a Realistic Number of Homes you Should View Prior to Buying?
by Jay Thompson on January 20, 2008
Someone submitted a great question to The Real Estate FAQ, so I thought I would share it here.The question was, “What is a realistic number of homes you should view prior to buying?” It’s a tough question to answer… there is no hard and fast answer. Beware the agent that limits how many homes they will show — and it does happen, at least in the Phoenix real estate … [Read more...]
Ask the Lender: Should I Get Pre-Qualified, Pre-Approved, or Neither?
by Shailesh Ghimire on January 15, 2008
Recently, reader “Eri” asked a question about getting pre-approved for a mortgage when looking to buy real estate. I thought I’d pass this one on to an expert, Shailesh Ghimire — The Arizona Mortgage Guru. Shailesh and his wife Aimee are two of our favorite Phoenix area lenders. The question: I am in the beginning stages of buying my first investment property, which … [Read more...]
I'm Jay Thompson, and I have a little blogging problem... Welcome to The Phoenix Real Estate Guy, or "TPREG" as I fondly refer to it.
