home buying: Disclosure vs. Discovery – There is a difference. - 07/02/19 06:52 AM

When should a seller disclose material facts that could affect the marketable value of a home? That, of course, is a trick question. The answer is always.
However, does the receipt of a home inspection report immediately require an update of the Seller Disclosure documents? Well, not always.
Let’s start by explaining the disclosure and inspection processes in AZ:
Whenever a house is placed on the market the Seller is required by law to disclose known facts (including history) of the property. We use a Sellers Disclosure form for that purpose. Upon receipt, the Buyer has 5 days to examine the Sellers Disclosure and … (20 comments)

home buying: "I am going to FSBOland!" - 03/21/19 01:17 PM

Sometimes finding the right house for your buyer means doing something extra or out of the ordinary. Going the extra mile.
I recently had one buyer that simply could not find a suitable property in the area he wanted to live. I showed him more than 35 houses over a period of about 6 weeks. We even wrote offers on two that did not get accepted.
Each week we wait for the new listings to hit the MLS. We began to expand the search area, nothing was working. Finally, we got with his lender and had the lender increase his Pre-Approval by $10K … (3 comments)

home buying: Using Social Media for Good, not Evil - 10/31/18 08:17 PM

Social media has evolved into something that the original creators likely never envisioned. Today’s social media not only connects people together but also provides a wealth of information about the users that can be employed for many purposes both good and bad.
When it comes to real estate, social media provides numerous opportunities to connect buyers and sellers with access to services, reviews and ratings, and a plethora of other information.
Like most agents, I subscribe to several social media platforms. It is one way to connect with others and help build a brand identity. But it also can be helpful to help … (6 comments)

home buying: Self-Closing Fire Doors - 10/27/18 11:34 AM
I was preparing a new blogpost on this subject because it comes up so often in home inspection reports. But Jay Markanich's 2016 blogpost said all that I needed to say. Take a look.
Self-closing fire doors.
Fire possibilities are a big deal and fire-safety codes are designed to help put people in a better position to handle themselves should a fire occur.
One such code regards fire doors.
What is a fire door?  One that seals an opening, like the house or a bedroom, against the possibility of a fire progressing from one area to another.
When there is a … (0 comments)

home buying: Halloween is a Treat in Carefree, AZ - 10/26/18 09:15 AM
Carefree, AZ is a small town just north of Scottsdale. Carefree historically has been known as a quiet, peaceful hamlet void of any nightlife or touristy hub-bub. With street names like Tranquil Trail and Leisure Lane, it is easy to see how Carefree obtained its low key reputation.
But Carefree has been changing. In the last few years, it has become more of an artsy/touristy destination. The recent revitalization of the town center has made it a destination for visitors.
This season the local business owners have transformed the town center into a wonderful display of Halloween artwork. They have also scheduled pumpkin … (1 comments)

home buying: Title Insurance – Nothing For Something? - 09/26/18 11:03 AM

I am often asked about the value of Title Insurance. Why do we need it? What does it do? Why is so expensive?
Title insurance protects the property owner in the event that someone or something causes a claim or other encumbrance on the ownership or title to real property.
Like all forms of insurance, it has no value until you need it. My father-in-law has been driving for 50 years. He has never gotten into an accident despite the fact that he has carried full coverage on his automobiles the entire time. Was it a waste of money? After all, he is … (3 comments)

home buying: Every showing should be like your first date. - 08/30/18 02:35 PM

Ah, the first date. The time to clean up. Get your haircut, shave and put on your best fitting clothes. No one goes on a first date in their old sweatpants, hair a mess, looking like you just got done mowing the lawn. It is a chance to be your very best.
Now you want to sell your house and you want to get top dollar. Shouldn’t your house be it’s very best? There are going to be a lot of people coming through your house. Looking at your bedroom, checking out your appliances, walking around your yard.
How do you want them … (30 comments)

home buying: So Long Sun City, We Were Just Getting To Be Friends. - 08/25/18 05:22 PM
I recently had the good fortune to handle several real estate transactions in the Sun City, AZ area. Sun City is a large retirement community just northwest of Phoenix. This is significant for me because it is not an area that I regularly farm or advertise for business. But when your past clients call and say they want to move to Sun City you take up the task.
One home was a listing that sold surprisingly quickly, the other two were Buyers. They all closed without any major issues.
One of the nice things about working in Sun City is that there are … (4 comments)

home buying: Be an agent, not a salesperson. - 08/23/18 09:41 AM

I just attended a class on risk management for real estate agents. The class was taught by an attorney that has litigated hundreds of cases on behalf of buyers, sellers, and of course agents. The presenter offered some positive advice on how to avoid complaints and ultimately litigation when handling real estate transactions.
This isn’t the first class of this type that I have attended, yet regardless of how many I attend, there is always the one or two agents in the class that seem to have the wrong idea of what their role should be in the real estate transaction.
In one … (3 comments)

home buying: From Green to Gray, but hope for a more colorful future. - 08/21/18 05:33 PM
Part of my recent trip had us visiting Northern Ireland. For those of you that don’t know Northern Ireland is the part of the island that is a separate entity from the rest of Ireland.
Northern Ireland is a place that in many ways defies logic. The border between the Republic of Ireland and Northern Ireland is open. With the exception of a few small signs, you would not know that you are crossing a border. Yet, the atmosphere in N. Ireland is distinctively different. The people of N. Ireland live with an uneasy peace that the government is working hard to … (2 comments)

home buying: Who needs TV when you have Bob? - 08/20/18 02:17 PM
We spent the last few weeks touring the UK, with most of our first week in Ireland. Ireland is a gay and happy place. It seemed everywhere we went people were out and about enjoying life. It is no wonder, the TV programming is terrible in Ireland.
One of my favorite towns was Killarney. Killarney is rated a “Travelers Choice” by Trip Advisor and it is easy to see why. The landscape around Killarney is simply beautiful. We spent the better part of our day on a bus tour around the Ring of Kerry, a scenic drive past mountains, lakes waterfalls and … (4 comments)

home buying: Give Me Lots, Lots of Lots. - 07/18/18 08:39 AM
Hum along with me to the tune from Cole Porter’s classic song Don’t Fence Me In.

I really cannot say that I started in the real estate business selling land. But, I can say that I started in the real estate business buying and selling vacant lots.
I obtained my license in 2003 and immediately looked for a niche that would bring me success. After a few stops and starts, I began to do business with two small developers. They had a plan to get rich in the rapidly accelerating custom home market in North Phoenix. The area was comprised of small … (4 comments)

home buying: Ooops, there goes another great Sun City home. - 07/16/18 05:04 PM
We did it again! We just closed on this darling Sun City townhome. This wonderful 2BD/2BA/1CG was in near perfect condition. The soon to be retired buyer is ready to relax and enjoy life on her own terms.
The sale went as smooth as silk thanks to a pair of experienced RE Agents, a top-notch Loan Officer, and a meticulous Escrow Agent.
I love it when a plan comes together.
Want to find your place in The Valley of the Sun?
Visit me www.Scottsdale-AZHomes.com

home buying: The effects of low inventory. - 07/07/18 08:32 PM
In many places around the country, the inventory for resale homes continues to be very low in comparison to demand. The result has been accelerating prices particularly in the lower and middle price points. But accelerating prices are not the only factors that have made this market the most unique we have seen in many years. Aside from the usual supply and demand issues, low inventory has created several other situations that have affected home sales.

Sales are down.
Pure and simple, fewer houses to sell results in fewer sales. According to the National Association of Realtors® (NAR) Pending Home Sales Index (PHS), … (0 comments)

home buying: A House So Hot It Nearly Burned My Hands. - 07/06/18 03:53 PM
In Phoenix, every agent carries a pair of gloves in their car. You see, in the summer, lockboxes, signs and even door knobs that are in the direct sun get so hot they will burn your hands. So when we talk about a hot market, we mean it in more ways than one.
Still, the demand for houses in certain price points is extraordinary. My client just closed on a house in suburban Glendale, AZ. The need for houses in this area was so hot that I was receiving multiple calls before it even hit the MLS, thanks to a coming soon … (3 comments)

home buying: I Got Some Good News Today. - 07/05/18 10:00 AM
Some say hard work is its own reward. Others say success can only be achieved through hard work (they apparently are discounting the element of luck). Still, others will stumble upon success while making very little effort toward the result.
But I am, as they say, old school. I still believe that you get out of it what you put into it. Sometimes success takes longer than you might hope, you just have to stick to your plan.
Still, I am always unsure if my efforts will be rewarded. But, today I received some good news. I opened my fortune cookie and was … (7 comments)

home buying: Soundtrack of a Lifetime - Day 27 - 06/25/18 07:23 PM
Come back with me to the early days of Rock and Roll to a duo that left their mark on many of the future artists that we have come to know and love. I am speaking about the Everly Brothers. Don & Phil Everly were huge stars. The Everly Brothers had 35 Billboard Top-100 singles and at one point even hosted their own network TV show. They influenced many rock groups of the 1960s. The Beatles, The Beach Boys, and Simon & Garfunkel all developed their early styles by performing Everly Brothers songs. Groups whose style featured 2 and 3 part … (2 comments)

home buying: Soundtrack of a Lifetime - Day 24 - 06/23/18 12:04 PM
I consider The Eagles to be one of the best rock bands ever. They are right up there with the Beatles and Rolling Stones. Despite the fact that many consider the Eagles to be a country sound, founding member Glen Fry was adamant that they were a rock band. One of the reasons early member Randy Meisner left the band, to be replaced by Timothy B. Schmidt, was the constant squabbling over the direction the band was taking. Eventually, Joe Walsh joined the band cementing it as a true rock band.
The Eagles are in my opinion one of the best live … (0 comments)

home buying: Soundtrack of a Lifetime - Day 19 - 06/17/18 08:17 PM
I am pretty sure that just about everyone knows who The Beach Boys are. It seems like this group has been around in one form or another since the early sixties.
The Beach Boys practically created a whole new genre called surfing music. Their music was about growing up in Southern California in the 1960s. The songs were about cars, dancing, beach parties, surfing, and of course teenage love. On the surface, their songs seem simple, but if you really listen you can hear the complexities of Brian Wilson’s arrangements.
The Beach Boys continue to perform concerts worldwide. I had the pleasure … (0 comments)

home buying: Soundtrack of a Lifetime - Day 14 - 06/13/18 07:20 PM
Today's selection is from a band named Jethro Tull. I have always thought they never got enough recognition in part because the band's frontman, Ian Anderson, was such a unique and imposing character. But the band comprised of Anderson, Martin Barre, Jeffrey Hammond-Hammond and Barriemore Barlow along with a host of guest musicians put together some of the most complex arrangements any rock band that came before them. Rather than a series of songs. Jethro Tull’s albums were often written with a theme. When you tuned in you needed and wanted to listen to the entire album to get the full … (1 comments)

Joseph Domino 480-390-6011, Real Estate Made Easy (HomeSmart) Rainmaker large

Joseph Domino 480-390-6011

Real Estate Made Easy

Scottsdale, AZ

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Address: 33725 N Scottsdale Rd. Suite 130, Scottsdale, AZ, 85266

Mobile: 480-390-6011

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