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1) |
What towns or communities are located in the High
Sonoran Desert Foothills? |
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Anthem, Carefree, Cave Creek, Desert Hills, New River,
North Phoenix and Rio Verde. |
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| 2) |
What are the benefits of living in the High Sonoran
Desert Foothills? |
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- Close driving distance to
metropolitan Phoenix (jobs, culture, shopping, airport)
- Surrounded by year-round outdoor
recreation opportunities
- Open space, magnificent mountain
views and star lit skies
- Western character & history
"Wild West"
- Less traffic and congestion
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| 3) |
What is the main water supply for the High Sonoran
Desert Foothills area? |
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Most homes are located on a private
or shared well, or public water companies. |
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| 4) |
What is the Climate in the High Sonoran Desert
Foothills? |
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On an average it is
10 degrees cooler then the Phoenix metropolitan area.
Average Temps. For the year:
- January 53
- February 56
- March 60
- April 66
- May 75
- June 84
- July 89
- August 88
- September 83
- October 72
- November 60
- December 53
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| 5) |
What are common ways for individuals to acquire title
in Arizona? |
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- Community Property
- Community Property with Right of
Survivorship
- Joint Tenancy with Right of
Survivorship
- Tenancy in Common
- Sole and Separate
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| 6) |
How are closings held in Arizona? |
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All sales transactions, whether it land
or homes, will close through a Title Company. The title
company will handle the transaction from start to finish.
There are typically no round table closings or attorney's
involved. |
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| 7) |
What is title insurance? |
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Title insurance is designed to
afford real property owners, lenders and others with
interest in real estate, the maximum degree of protection
from adverse title claims or risks. |
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| 8) |
What is earnest money? |
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Good faith money used to secure the
property during the inspection period. It typically
represents 1% per every $1000 of the offer. |
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| 9) |
What does the buyer customarily pay for in the
closing costs? |
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Lenders Title
Insurance Policy
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Escrow Fee
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Recording charges for
deed & new loan security instruments
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Homeowners
Association transfer fees (where applicable)
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All new loan charges
except those required of the seller, including interest from
the day of funding to the 1st of the next month
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Recording Fees
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Termite inspection
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½ Assumption/Charges
including Property Insurance
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Homeowners
Insurance
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| 10) |
What does the seller customarily pay for in the
closing costs? |
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Owners Title
Insurance Policy
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Real Estate
Commission
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Escrow fee
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Payoff loans of
Record and Required fees
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Homeowner Association
fees (where applicable)
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Homeowners
Association inspection fees
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Home warranties
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Recording fee
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Current Property
Taxes
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