Home Buying

Understanding the Arizona Residential Purchase Contract – Summary




AZ Purchase Contract Conclusion We hope you enjoyed our 9-part series on “Understanding the Arizona Residential Purchase Contract”. Although there are many exceptions and each buyer or client has their own unique circumstances, we tried to explain the Contract so that each buyer at least would have the basic understanding of its contents. Each section […]




Understanding the Arizona Residential Purchase Contract – Part 9




Section 9 – “Seller Acceptance” Section 9 of the Real Estate Purchase Contract is termed “Seller Acceptance”. The Buyer and Seller “Seller Acceptance” section consists of Lines 305 thru 401. If you don’t have a copy of a blank Arizona Residential Purchase Contract to follow along, please click here. This section is for the Seller […]




Understanding the Arizona Residential Purchase Contract – Part 8




Section 8 – “Additional Terms & Conditions” Section 8 of the Real Estate Purchase Contract is termed “Additional Terms & Conditions”. The Buyer and Seller Additional Terms & Conditions section consists of Lines 305 thru 401. If you don’t have a copy of a blank Arizona Residential Purchase Contract to follow along, please click here.Below […]




Understanding the Arizona Residential Purchase Contract – Part 7




Section 7 – “Remedies” Section 7 of the Real Estate Purchase Contract is termed “Remedies”. The Buyer and Seller Remedies section consists of Lines 272 thru 304. If you don’t have a copy of a blank Arizona Residential Purchase Contract to follow along, please click here. This section discusses “Cure Period Notice” and options available […]




Understanding the Arizona Residential Purchase Contract – Part 6




Section 6 – “Due Diligence” Section 6 of the Real Estate Purchase Contract is termed “Due Diligence”. The Buyer and Seller Due Diligence section consists of Lines 185 thru 271. If you don’t have a copy of a blank Arizona Residential Purchase Contract to follow along, please click here. By far, this is the largest […]




Understanding the Arizona Residential Purchase Contract – Part 5




Section 5 – “Disclosures” Section 5 of the Real Estate Purchase Contract is termed “Warranties”. The Seller and Buyer Warranty section consists of Lines 166 thru 184. If you don’t have a copy of a blank Arizona Residential Purchase Contract to follow along, please click here. We will explain these so potential home buyers will […]




Understanding the Arizona Residential Purchase Contract – Part 4




Section 4 – “Disclosures” Section 4 of the Real Estate Purchase Contract is termed “Disclosures”. The Disclosure section consists of Lines 134 thru 165. If you don’t have a copy of a blank Arizona Residential Purchase Contract to follow along, please click here. We will explain this section in detail so the buyer will have […]




Understanding the Arizona Residential Purchase Contract – Part 3




Section 3 – “Title & Escrow” Section 3 of the Real Estate Purchase Contract is termed “Title and Escrow”. The Title and Escrow section consists of Lines 91 thru 133. If you don’t have a copy of a blank Arizona Residential Purchase Contract to follow along, please click here. We will explain these so the […]




Understanding the Arizona Residential Purchase Contract – Part 2




Section 2 – “Financing” Section 2 of the Real Estate Purchase Contract is termed “Financing”. It would be difficult for a buyer to complete this section without first speaking with a lender. The financing section consists of Lines 54 thru 90. If you don’t have a copy of a blank Arizona Residential Purchase Contract to […]




Understanding the Arizona Residential Purchase Contract – Part 1




Section 1 – “Property” Section 1 of the Real Estate Purchase Contract is termed “Property”. The entire 9-page contract has identifying line numbers, and this particular section is numbered 1 thru 53. As we break down each section, you will notice that some portions of the contract are also identified by “1a”, “2b” and so […]