Tag Archive: escrow

Earnest Money FAQ

Earnest Deposit FAQ

Earnest money. You’ve heard about it, been asked for it; you may have even written a check for it. What exactly is earnest money, though, and why do you need it when you buy a house? __________________________________________________________ Earnest Money FAQ  What Is Earnest Money? When buying (or leasing) a home in Scottsdale, you will be…

The Day the Deal Stood Still

Late for closing

The closing table is no place for incompetence.  The crescendo to a Real Estate transaction, the signing of loan documents and the final settlement statement is representative of a successful navigation of the escrow obstacle course.  If it were a cinematic experience, an empowering musical score would soar over the montage of conquered struggles that…

What Do You Mean I Don’t Get My Keys At Closing?

It’s true. In Arizona, you will rarely get the keys to your new home at the closing table. Despite the fact that you wired in the balance of your down payment funds or marched a cashier’s check into the title company on what you thought was the penultimate day, the home is not yet yours

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