How much does it cost to sell my home in Phoenix, AZ

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This is one of the first questions I’d ask if I was thinking about selling my home., The other is how much is my home worth. This is especially true as home values have dropped and many owe more than their home is worth. Sorry I had to bring up this painful subject, yet reality [...]

Arizona Title and Escrow Company Information and Referrals

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What Do Title and Escrow Companies Do When Buying or Selling A Home In Phoenix Arizona? The Role of the Escrow Company ‘When Buying or Selling A Home In Phoenix, AZ In the Phoenix Arizona area, an escrow company is a neutral third party that represents all parties in a transaction, including the home buyers, [...]

Arizona Residential Real Estate Purchase Contract Used in Phoenix, AZ

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Welcome to the UrbanConnectionRealty.com page on the Residential Purchase Contact used by Realtors helping people buying homes, condos and real estate in downtown, north central and greater Phoenix, AZ. The Residential Purchase contract is a 9 page legal document that outlines the duties, requirements, and other information when buying a home in Arizona. The contract [...]

Short Sales and IRS Tax Liability in Phoenix AZ

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One of the concerns in selling a home by short sale is potential tax liability. For many, the concern is unnecessary. However, not everyone is off the hook when it comes to short sales and the IRS.  Let’s take a peek into the murky word of short sales and IRS tax liabilities. Normally, under US [...]

Short Sales and Deficiency in Downtown, North Central Phoenix AZ

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One of the BIG questions we are asked is: Will the bank come after me for the deficiency on my mortgage loan? Let’s talk about what is meant by deficiency and how that is handled during a short sale in Arizona. What is a deficiency or deficiency judgment in Phoenix, AZ? When a home owner [...]

How Long Does It Take To Do A Short Sale in Phoenix, AZ

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A common question from people buying or selling a short sale in downtown, north central and greater Phoenix is: how long does it take to buy or sell a short sale? We wish there was a cut and dry answer to this question, yet none exist. We can tell you that completing a short sale [...]

How Do Short Sales Work In Phoenix AZ?

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As you can imagine, we get a lot of questions about how short sales work in Phoenix, AZ. With thousands of people selling their home using the short sale process, there is a lot of need for clarity and understanding. We’re going to provide a brief overview describing how a short sale works.  We have [...]

Staging Your Home To Sell Downtown N. Central Phoenix AZ

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The term staging your home is relatively new. It simply means to do things to put your home in its best light for potential buyers. It is much like an auto dealer who details a car before putting it up for sale. Like staging a home, it is done in an effort to get top [...]

To Sell or Not to Sell My Home in Downtown, North Central and Greater Phoenix AZ

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When thinking about selling your home in downtown, North Central and Greater Phoenix, one of the first questions is the famous To Sell or Not to Sell my Home question. There is no right or wrong answer to the question and we simply like to give people information that will help in the decision making [...]

Phoenix Real Estate Market News and Opinion October 2011

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I just received a real estate market update. It is based on information from the Cromford Report. Naturally, I’ll add a bit from our experience working in the trenches every day.  Hope you enjoy: Greater Phoenix–Single Family Home and Real Estate Market News and Opinion:  Provided by Old Republic Title and The Cromford Report Market [...]