Realty Biz

JULY 1, 2023

The National Association of Realtors (NAR) conducted a survey in October 2022, revealing that approximately 7% of deals in the preceding three months got terminated before reaching the closing stage. During this stage, the buyer, seller, or their respective agents select an escrow agent who will oversee the process.

Purchase and sale agreement 76

Purchase and sale agreement Earnest money deposit Title search Pre-approval 76

HomeLight

MARCH 31, 2022

Disclosures: . Arizona law requires sellers to disclose material facts about the property through the Residential Seller Disclosure. According to Arizona’s disclosure form, “if you do not make the legally required disclosures, you may be subject to civil liability.”. No repairs, no staging, no open houses.

Purchase and sale agreement 95

Purchase and sale agreement Inspection MLS Inspection contingency 95

HomeLight

JANUARY 10, 2023

Transfer Disclosure Statement. The main form to know is the Transfer Disclosure Statement (TDS), as it is considered to be one of the “ most important and well-known ” seller disclosures, according to CAR. While most sellers will need to complete at least some of these forms, there are exemptions to be aware of.

Purchase and sale agreement 97

Purchase and sale agreement Natural hazards disclosure Inspection Title 97