The Short Sale Seller Advisory is a Resource Provided by the Arizona Association of Realtors® What is a Short Sale? A short sale is a real estate transaction in which the sales price is insufficient to pay the loan(s) encumbering the property in addition to the costs of sale and the seller is unable to pay the difference. A short sale involves numerous issues as well as legal and financial risks. This Advisory is designed to address some of these issue and risks, but does not purport to be comprehensive. Please click on the photo of document to download PDF.
Regarding your seller’s disclosure agreement, The general rule of thumb is “when in doubt, disclose.” This will protect both you and the buyer and be instrumental in avoiding future lawsuits. There are; however, a few very specific cases when disclosure is not required and sometimes seen as discriminatory. Material facts that do not need to be disclosed are very limited and licensees and transferors of property are protected by statutory law in these few circumstances. The Stigmatized Property Law (A.R.S. 32-2156) reads as follows: “No criminal, civil, or administrative action may be brought against a transferor or lessor of real property or a licensee for failing to disclose that the property being transferred or leased is or has been: 1. The site of a natural … Read more
Items that must be disclosed include, but are not limited to, the following: Swimming pool barrier disclosure, Lead-based paint disclosure in properties built prior to 1978, Planned community/condominium information, Affidavit of disclosure for properties located in un-subdivided, unincorporated areas
When purchasing a home, you have to think about the long-haul as well as your first impression. It’s all too easy to fall in love with a property at first glance and forget about all the potential challenges you will face as the new owner. Here’s a quick real estate buyers checklist of 10 items that you should check off for every new property you look at in Prescott, Prescott Valley, Chino Valley & surrounding area. If you consult this checklist every time, you’ll have a much better chance of ending up with a home that keeps you happy for years to come. Permits Research to find out whether or not the property has had any work done on it and whether or not it … Read more
Ready to Build Your Dream Home? Finding qualified contractors who specialize in a specific style such as Green off the Grid Building, Log Homes, Santa Fe or Modern Contemporary homes can be challenging. Living, working, & selling in the Prescott Area for over 25 years has given us the knowledge to create lasting relationships with the finest building contractors in the area. Our building partners provide a wide variety of home designs to meet each individual’s personal lifestyle and budget. From obtaining construction loans, finding contractors, hiring home inspectors, and working with interior designers, landscapers, and movers…we are there for you from start to finish. Wanting to Sell Your Land? If you are a land owner wanting to sell, our Advantage Program for Land Owners … Read more
“Flexible” Commission Schedule Many realtors have a very rigid commission schedule that is not in touch with today’s fast paced market. The Garden Brook Sellers Advantage Program offers flexibility. The commission varies depending on when the house is sold, who sells the house and whether or not we are selling your next home. Sell the Property Yourself, While it is Listed, and Pay No Commissions How you benefit: Having the ability to contribute and get compensated for your efforts. You can run ads and hold open houses if you wish. This, of course, does not apply to a buyer exposed to the property by my office or another agent. “Cancel” the Listing at Any Time If for some reason we do not provide 100% satisfactory … Read more
The best way to sell your house is to sell it fast. When your house isn’t in the best condition, it sits on the market for far too long and becomes stale. That’s when people begin to wonder what’s wrong with it… You only have one defense against one stagnant showing after the next. You need to be absolutely certain your house is in the best condition possible. Marketing has everything to do with presentation. When you present a poor and flawed product, its negative aspects stand out and affect the entire experience. When you put your home on the market, it needs to be immaculate. It needs to have all of the positive aspects that attract buyers. The market is full of people who … Read more
Make Your Home a Showplace First impressions are key, and you need to make them count. When Buyers walk into a home that is uncluttered and sparkling clean, they can better appreciate the appeal and will take more time to look at all your home has to offer. Plus, they clearly see a pride of ownership, inspiring trust that the home has been well cared for and a confidence in the integrity of the property. We encourage our Sellers to make their homes shine and show off their property to its best advantage. This helps immensely to shorten the sale cycle and strengthen the value of the home. Other real estate agents can rely on a Garden Brook listing to show well, which means they … Read more