It is bound to happen to you, a home buyer and seller may wish to allow the buyer possession of the home prior to the closing date. However, a pre-possession agreement carries with it many risks which the parties should carefully consider. First, they need to decide whether they want a “pre-possession agreement” or a “rental agreement” (Lease) which would be governed by the Arizona Residential Landlord and Tenant Act: The...

Seller financing has been a hot issue due to the changes in regulations and market conditions. When we hear Seller Financing the first thing that comes to mind is the Dodd-Frank Act. Stated simply, seller financing is where the seller holds the mortgage for the buyer instead of a traditional lender such as a bank. However, there are some set of rules that are always important to know. Sellers cannot provide...

Do you have a strategy in place to maximize this opportunity? We all know most agents hold open houses by just hoping and praying that someone shows up, so make a plan and go with it. Use these 10 tips to drive traffic to your open house and then convert the visitors into buyers and sellers. Make visiting your open house an experience for every person who walks through the door.