When should you Sell your Arizona Home?
Are you asking yourself, "When should I sell my house?" Good question. Timing is everything when it comes to selling your house. Luckily, Tony Vejar your Arizona Real Estate Specialist has the information you need to sell your house with confidence and get the most money for your pocket. Tony Vejar and his team know when selling your home, its an emotional roller coaster for you and your family. That is why we take all worries out of guess work and work for you to the fullest.
Step 1
Consider hiring an Professional Arizona Realtor like us, Realtors typically charge a percentage of the property's sale price--due at the close of escrow--with no upfront fees. Many Realtors will market the property, pay for advertising, show the property (even when you are not available), prepare virtual tours, help price the property and walk the sale through the close of escrow. Depending upon the agreement with the Realtor, many of these services do not cost extra--even if the property fails to close.
Step 2
Request a copy of a blank sales contract from a local title company. In Arizona, real estate sales professionals typically use a purchase contract that has been sponsored by the Arizona Association of Realtors. If you aren't using a real estate agent or Realtor, you will be responsible for the contract. Familiarize yourself with the terms of the contract. If there is something in the contract you want to remove, those lines will need to be marked out and signed by all parties.
Step 3
Honor the inspection period. In the Arizona sales contract, the default time to inspect the property is 10 days. This means the buyer needs to inspect the property within that time frame. They then have the option to request repairs, or cancel the contract and get their earnest deposit back. Encouraging a buyer to freely inspect the property will help prevent future lawsuits if the buyer is unhappy after the close.
Step 4
Consider making requested repairs. While you are not obligated to make repairs, if you refuse to do so, it will be grounds for the buyer to cancel the contract. After the terms of the inspection have been met, the seller can lose their earnest deposit if they cancel the contract.
Step 5
Open escrow with a local escrow and title company, and deposit the earnest deposit. The company will run a title search on the property to make sure you have clear title. You must also purchase a title policy--which protects buyers if they discover that you did not have clear title. The price of a title policy is based on the property's sale price. A title insurance policy for a mid-priced house might be around $1,000. Other escrow fees are typically split between the buyer and seller.
Step 6
If you have a septic tank, be prepared to have it pumped and certified before the close of escrow. Some counties in Arizona require septic tanks to be transferred to the new owner--which can be done through the title company.
Check out our helpful articles on the selling process to learn more about the current state of the housing market and read testimonials from other home sellers on their experiences.With Tony Vejar as your partner, you'll always know when it's the right time to make your move.
Do you want a Free no obligation consultation?
Sinserlely,
Tony Vejar
Your Arizona Real Estate Specialist
Selling your Arizona Home Couldn't be any easier.
