Ar_home_b_search
 



trulia voices: Reading Non-Existent Clauses into the Purchase Contract - 12/19/11 12:29 PM
There was a rather interesting thread this past week on Trulia Voices, all revolving around the concept of the earnest deposit.
In theory, once a contract is accepted, the buyer (or their agent) opens escrow and deposits a check as the earnest deposit - essentially a good-faith deposit representing the buyers' intent to purchase the home.
Amazingly enough, though, the Arizona Association of REALTORS Residential Resale Purchase Contract is extremely vague as to when the earnest deposit needs to be deposited into escrow.
Some agents on the thread argued that there's a 48-hour rule, or that 48 hours is the accepted practice. I … (4 comments)

trulia voices: What I've Learned from Ice Road Truckers, Part One - 07/06/11 05:50 PM
Have you ever driven down the highway and noticed chains hanging from the side of an 18-wheeler? Have you ever wondered to yourself why exactly there were chains seemingly hanging at random from a truck?
If you live somewhere other than the desert southwest, particularly the Phoenix area, then it may seem like a remarkably silly - virtually rhetorical - question. You're likely saying to yourself, "those are snow chains, you idiot! How could you not know that?"
But when you've lived your life in Los Angeles (for the first eight years) and the Valley of the Sun (for the past … (5 comments)

 
Card%20photo Rainmaker_large

Jonathan Dalton

Glendale, AZ

More about me…

Thompson's Realty

Office Phone: (602) 502-9693

Cell Phone: (602) 502-9693

Email Me

Phoenix Arizona Real Estate Blog, presented by Jonathan Dalton of Thompson's Realty and All Phoenix Real estate.com. Check back often for market analysis and general thoughts on the state of real estate in Maricopa County. Free listings search!



Listings

Links

Archives

RSS 2.0 Feed for this blog