Once you have determined how much you qualify for, it is now time to find a Realtor to represent your best interest. Make sure that your agent has good experience, good work history, good education, and references. The difference between a good Realtor and a bad Realtor may cost you thousands of dollars. It is imperative to make sure you choose someone who knows the area, and knows the market conditions.
After you have chosen your Realtor, it is now time to start looking for some homes. Just tell your Realtor what you are looking in your price range, and they will pull up all the homes available in your search criteria. Tell them what is important to you such as school district, zip code, price, and square footage just to name a few. You may want a pool, you may not. Tell your Realtor anything and everything that you are looking for in a home. They will help you find it as long is it is in your price range.
Once you have found your home, your Realtor will walk you through every step of the purchase contract. That is what you hired them for, however, the seller pays the buying Realtor in most cases in Arizona so you get representation paid for by the seller. When you sell your home you will have to pay both the buying and selling Realtors.
Other factors to consider when purchasing a home in Arizona is insurance, home inspectors, and termite inspectors. It may be a good idea to use the current carrier of your car insurance when talking about obtaining home owners insurance. This may save your money since you have already established a relationship with your insurance company, and a multi-plan policy. If you have car and life insurance, you will probably get a good rate with the company that hold your current insurance needs. It may be a good idea to shop the rate just in case another company can beat the rate that you have with your current carrier. Make sure that when you purchase a home to get a home inspection. If you do not know any home inspectors, your Realtor should have one in mind. Most lenders also require that you get a termite inspection because a lender will not fund a loan if the home has termites. It is usually required that a termite inspection is done, and is definitely recommended to get one. If the home has termites, you can usually ask the seller to treat the termites so that by the time you move in, they have been eliminated. After the lender sees proof that the termites have been treated, you can move forward. Do not be scared of termites, they are extremely common in Arizona and must be dealt with swiftly so that no damage is caused.
Phoenix, Arizona Coldwell Banker Real Estate Agent