Oro Valley New Construction

Oro Valley Real Estate New Home Tips

It’s important that I am with you on the first visit to any builders site. Why? Builders have a rule – If you walk into a model home without your agent, the builders agent will register you and I will be unable to represent you throughout the process. Remember, the site agent will be working for the builder’s interests.
I will look out for your best interests from the time you enter the model until the time you close on your new home.
I will help you understand the terms and conditions of the builder’s contract. These contracts heavily favor the builder and are usually lengthy and complicated.
I will help you sort through the negotiations, financing options, and incentives in order to get the best terms and conditions for your purchase.
I have expertise to guide you in upgrade selections or custom changes that you would like to make during the build, and make sure you are aware of the cost.
I will communicate with you and the builder representative throughout the process, and will do my best to ensure a surprise-free transaction.
If your contract permits this due diligence, I will explain the benefits of a home inspection performed by an independent inspector.
I’ll also accompany you on your walk-through, when you create your “Punch List” of items the builder will need to address within 30 days.

Oro Valley Real Estate Marketing

Oro Valley Real Estate-Marketing Your Listing Basics

Oro Valley Real Estate Marketing
Marketing Your Listing Basic Services:
SERVICE TO YOU DURING THE LISTING
Keep all aspects of the transaction confidential.
Treat clients and their representatives with respect and cooperation.
Respond to every client call or e-mail promptly.
Solicit management assistance immediately if a problem develops
MARKETING SERVICES INCLUDE
A written marketing plan listing all websites where the listing will be posted.
A written comparable market analysis that includes current listings, recent sales, plus
expired or withdrawn listings.
PROCESSING THE LISTING
Complete the full listing packet and turn it in for processing within 24 hours.
Coordinate sign and keysafe placement.
Post listing to Long Realty website, Multiple Listing Service website, and Realtor.com
website.
Take digital pictures.
Place listing on personal web site including color pictures, slide show, video tour and a
detailed description.
SERVICING THE LISTING
Regularly e-mail sellers Listing Snapshot Report, showing website traffic for your property
Call or e-mail sellers each week with a complete update regarding that week’s showings
and marketing activities.
Call or e-mail sellers after all open houses to share feedback.
Send open house invitations to target area.
Every 30 days meet with the seller to review and update the “Home Selling Plan”,
update the comparable sales data, and to discuss positioning with respect to price.

Oro Valley Real Estate Market

Oro Valley Real Estate In the Oro Valley area, October 2018 active inventory was 275, a 8% increase from October 2017. There were 83 closings
in October 2018, a 6% increase from October 2017. Year-to-date 2018 there were 789 closings, a 1% decrease from
year-to-date 2017. Months of Inventory was 3.3, unchanged from 3.3 in October 2017. Median price of sold homes was
$296,000 for the month of October 2018, up 4% from October 2017. The Oro Valley area had 73 new properties under
contractinOctober2018,down16%fromOctober2017.

http://www.longrealtyonline.com/HousingReportSelect.asp?Agent=9000007&Area=OV&SubArea=&Report=hr-ov&Source=CRM

Oro Valley Real Estate Sell Your Home

Oro Valley Real Estate Sell Your Home
Find out What Your Home is Worth

Pricing is a very important step to selling your Oro Valley Home both quickly and for the most amount of money. Knowing what data to compile and analyze while relating it to your specific neighborhood and house can be very complicated. You probably have folks around you who have shared with you the good and bad about selling a home, what they were able to sell their home for and what your neighbors have their homes on the market for. Don’t be confused and dazed by all this information!

I use a unique combination of a competitive market analysis plus I have access to detailed statistical market trend analysis from the Long Realty Research Center to ensure you have the most comprehensive pricing strategy available.

Using Ian Taylor as Your Long Realty Sales Associate

Your needs are important. You want someone by your side who knows the Oro Valley Arizona real estate market as well as your specific neighborhood to help you price your property and bring in buyers. Since 1926, Long Realty has done just that for hundreds of thousands of people across Southern Arizona.

I have access to the exclusive Long Realty Research Center which provides me current market conditions all the way down to a subdivision level – making it easier for you to make informed decisions to sell your property and stay ahead of the competition.

Working with me, you can be confident that your property is being marketed to more qualified buyers through exclusive marketing programs, web presence and a network of more than 1500 agents throughout Arizona. Find out about the exclusive tools I use to help sell your home.

National presence

Long Realty Company is a proud member of HomeServices of America, Inc A Berkshire Hathaway Affiliate, the #2 real estate brokerage in the United States. The residential real estate brokerage, mortgage, title and homeowners insurance firms that comprise HomeServices of America, Inc. are among the very best in the nation. Each enjoys strong brand name recognition and is a leader in their industry and their market. This national presence of over 350 offices with over 19,000 agents throughout the US means that when you work with me you get the backing of a national leader and an expansive network from which your home will be marketed through.

Preparing your Oro Valley Home to Sell

When preparing your home to sell, take the opportunity to pay attention to details. Things you may have become accustomed to seeing around your house might need some attention

I can help you make a good first impression. Here are some suggestions to increase the desirability of your property to potential buyers, and help you sell at the best price, in the least amount of time. I can help you get discounts on home-related services from Long Advantage vendors – hand-picked local vendors who are focused on providing you a high level of service. It’s all part of my focus on giving you a full service real estate experience.

  • Curb Appeal is Essential – A buyer’s first impression is formed by viewing the outside of your property. Trim plants and trees, weed your front, back and side yards, use a leaf blower to remove leaves, pods, and plant debris. Inspect the exterior of your property, including shutters and windows. Steel or aluminum siding should be clean. If the house needs painting, buyers will notice, and may consider it a major objection to purchasing your property.
  • Pay close attention to the front door – it should sparkle. Polish the doorknob, clean the glass and replace worn screens.
  • Neatness Counts – A sparkling clean home greatly enhances its appeal to buyers. Scrub each room from top to bottom covering every nook and cranny. The entryway, kitchen and bathrooms are key areas and should be given special attention. Shampoo the carpeting if it hasn’t been done recently. If your carpet is old or matted, it will be a detriment to selling the property. Consider replacing it or removing it if there is hardwood underneath.
  • Eliminate Clutter – Closets, cupboards and other storage areas should be neat and uncluttered. Box everything you do not use regularly and donate it, sell it, throw it away or store it. Look at each room in the house with “less is best” as your objective. Remove unneeded furniture to make each room appear more spacious. Kitchen counter tops should be clear of everything except what you use daily.
  • If it’s Broken, Fix it – Repairs such as loose door knobs, broken dishwasher, dripping faucet and squeaky or sticking doors all detract from a property’s value. An afternoon spent making needed repairs now can eliminate buyers’ objections later. Hire a professional if needed.
  • Small Additions Make a Big Impression – With minimal expense, you can improve the appearance of any room. Consider replacing worn area rugs and throw pillows. New towels can freshen a tired kitchen or bath. Flowers add warmth and charm to any locations. Identify the things you can do to make areas more pleasing to a buyer.
  • It’s a Team Effort – Enlist the help of all household members to get the house ready – and keep it ready – for prospective buyers. A few minutes spent tidying up each morning can make the difference for a showing in the afternoon!

Understanding Oro Valley Real Estate Market Conditions

Oro Valley Real Estate is extremely localized and conditions can vary greatly depending on such factors as area, price range and even property type. Market conditions you may encounter on one side of town to the other may vary considerably, in fact even from one subdivision to another.

The Long Realty Research Center provides me with the most comprehensive suite of market data and analysis, making them best prepared to consult with you on an effective marketing and pricing strategy to sell your home.

Pricing Your Oro Valley Home

Pricing your property correctly is critical for getting the most amount of money in the least amount of time.

In today’s competitive real estate market, having your home priced correctly can make the difference between finding a buyer or not. I have critical knowledge of the local market necessary to make the most informed pricing analysis available. Most agents use comparable sold and for sale properties to help determine a value for your home. I use comparable properties as well, however I go a step further and also use a detailed statistical trend analysis to understand movement in the market. In this fashion you have an opportunity to better strategically price your home than competing listings in your neighborhood, helping to attract the most buyers possible.

The majority of showings occur when a house is first placed on the market. I can arrange for active, qualified buyers and agents to see your home when it is newly listed. Once seen by this group, showing activity decreases to only those buyers new to the market. So, it’s important to position your home at the best price during its first market exposure.

Oro Valley Properties Priced Right:

  • Increase showings
  • Bring more interested buyers
  • Creates ease in appraisal process
  • Keeps the prime market momentum…the first 30 days
  • Sends a message to buyers about your motivation to sell

The Value of Your Oro Valley Home is Not Affected by:

  • The amount of cash you need from your sale
  • Your investment in improvements
  • What other real estate agents say it is worth
  • Your original cost
  • What an appraiser said your home was worth
  • What the home you are purchasing costs

Over-Priced Oro Valley Properties:

  • Help sell the competition
  • Reduce showings
  • Attract lookers
  • Lose buyers unwilling to negotiate
  • Can cause appraisal problems
  • Lose the prime market momentum… the first 30 days
  • Send a message to buyers about your motivation (creating even lower offers)
  • Net the seller less

Even before you list your home, I can provide you with an estimated value of your home in today’s Oro Valley Real Estate Market.

Marketing Your Oro Valley Home

Your first thirty days on the market are the most critical. In order to maximize the opportunities available to you, I will utilize my knowledge of the market. I will also tap into a proven marketing system to implement an effective marketing plan for your property, which includes targeted media exposure, far reaching online presence and promotion through our powerful network of agents who are working with qualified buyers. And the proof is in the results,with over 40% of properties listed with Long Realty Company sold by Long Realty agents. If you are looking to find a qualified buyer for your property – look no farther than me.

Below is a sample of just some of the items that I will put into motion to sell your home:

  • Create a Marketing Plan for your home
  • Input your property into MLS
  • Install key safe
  • Install customized “For Sale” sign
  • Submit photo ad to Long Realty Company for “Long Realty Magazine”
  • Take multiple photos of your home
  • Post your property on a multitude of real estate websites including www.LongRealty.com
  • Create a customized photo flyer
  • Install specialty tubes for flyer distribution on “For Sale” sign
  • Talk enthusiastically about your property at office meetings
  • Schedule Open Houses
  • Advertise Open Houses in the local newspaper
  • Advertise Open Houses on www.LongRealtyOpenHouses.com
  • Pick up business cards/sign-in sheets names and phone numbers
  • Call agents for follow-up comments and share with you
  • Create a customized “Home Book” featuring the benefits of your home and
    neighborhood

Getting Oro Valley Real Estate Exposure Through Open Houses

Holding an open house can be a great way to bring attention to your property. Almost half of all buyers use open houses as an information source in their home search.

You will have a wide variety of people stopping by to learn more about your property, including your neighbors (remember, they may have friends and family who are in the market to buy a home too!) Here are some tips to a successful open house:

  • Have the house neat and tidy – free of clutter. When selling your house, less is more and will help buyer’s visualize their own belongings here.
  • Have ample parking available for visitors. Either place cars in garage or carport or move for the afternoon.
  • Turn on the lights and open the window coverings, this will give your home a warm welcome to those who visit.
  • Remember that some people may have allergies. Avoid using air fresheners and try simmering some spices on the stove for a fresh welcoming scent.
  • Refreshments are always a nice touch – especially in the heat of summer! Talk to your agent about some ideas to help cool visitors off and help them enjoy their tour.
  • Keep your home at a comfortable temperature. Visitors of your open house may have been driving for a while in the heat and could be turned off to an overly warm house.
  • Price your property right for your neighborhood and the market. I can help determine the right list price of your home through the knowledge of the real estate market in your area.
  • Plan a good time to get maximum traffic – Talk to me to find the best time of week and day.
  • I have access to a wide variety of advertising programs to promote your open house, including www.LongRealtyOpenHouses.com, postcard announcements, newspaper ads, my website, and the most recognizable open house signs around!
  • By using me, your property will be exposed to over 1300 Long Realty agents. I will utilize this network by sharing information on your home and open house for agents with buyers looking for just the right place to call home.

When an Offer Comes In

Once the buyer submits a written and signed offer to purchase, this document becomes the sales contract when signed by all parties involved. The selling agent customarily notifies the listing agent of the offer. Then the listing agent will arrange an appointment with the seller to present the offer.

You will have 3 options that I will help guide you through:

  1.    Accept the offer as written.
  2.    Reject the offer if it is totally unacceptable.
  3.    Counteroffer, changing any unacceptable conditions. (When the counteroffer goes back to the buyer, the buyer has the option of withdrawing, accepting, or countering the counteroffer.)

Using my expertise, I will counsel you in negotiating every detail to ensure a successful closing:

When both buyer and seller agree to all terms (including changes made in any counteroffer), and indicate agreement by their signatures, the contract becomes “firm”. With signatures and notification to all parties, a sales contract now exists.

CONTRACT:

Several professionals may come into the home-selling process after the offer is accepted, including a housing inspector (if hired by the buyer), a termite inspector, and an appraiser.

If the buyer is financing the purchase of your home, the process will typically take 30 to 60 days. On the chance that a buyer’s financing will not be given final approval, you should keep the house in good “showing” condition.

As part of the contract process, you must prove to the buyer that you have a clear title on the house – that there are no legal claims against the property and you are the legal owner.

Some of the details you will need to handle include:

  • Notifying your lender that you will be paying off the mortgage and asking for a statement of what you owe. Your outstanding balance will be subtracted from the amount you receive from the seller.
  • Having any fix-up work completed according to the contract, so that final inspections may take place. Contact me to find a local vendor with Long Advantage.
  • Gathering all warranties and instruction books for your home’s appliances or major systems to give to the buyer.
  • Once you have a closing date established, you will need to notify the utility, telephone, water, and other services to advise them on your final billing date.

A walk-through inspection prior to the closing allows the buyer to determine if conditions of the contract are satisfied. It is up to the buyer to perform the inspection, and they should be accompanied by the selling and/or listing agent. The seller may or may not be present, but should make sure that utilities are on so that equipment can be operated.

CLOSING:

At the final signing, the home seller should bring all warranties on equipment (or leave them in an obvious place in the house) and instructions on equipment maintenance or operation. Be sure to bring all keys and electric door openers. Also, remember to bring a picture identification.

Typical costs for the seller include:

  • Mortgage balance pay-off
  • Interest on the mortgage up to the date the mortgage is paid off
  • The real estate commission
  • Lender fees
  • Repairs to the property
  • Pro-rated taxes and homeowner’s association dues, if applicable
  • Homeowner’s warranty
  • Title policy
  • Escrow fees

The seller, the buyer, and the agents receive copies of the settlement sheets.

Congratulations! Sold and Settled!

My Oro Valley Real Estate Service Commitment

Using my expertise, I will guide you through negotiating process to help ensure a successful closing

  • Analyze & explain purchase offers
  • Advise as to the meaning of contingency
  • Advise in the negotiating process
  • Check on zoning requirements
  • Advise Buyer & Seller rights & obligations
  • Assist you in analyzing the pros and cons of each offer
  • Maintain confidentiality

Open Escrow

  • Take contract with all counteroffers and addenda, earnest money check to title company
  • Open office file & get earnest money receipt
  • Order and coordinate home inspections and termite inspections within required time elements
  • Attend inspections
  • Order survey, if applicable
  • Buyer to meet with lender (fax contract to lender).
  • Coordinate payment of appraisal. (If deemed necessary, ask lender for name of appraiser.)
  • Send contract to appraiser
  • Send contract to lender
  • Review C.L.U.E. Report (Comprehensive Loss Underwriting Exchange)
  • Homeowner’s insurance ordered
  • Ensure home protection plan ordered
  • Complete property verification form (“homework sheet”)
  • Obtain SPDS (Sellers Property Disclosure Statement), obtain buyer’s signature
  • Obtain lead-based paint report
  • Obtain inspection report, order any other inspections if recommended on report.
  • Complete buyers inspection notice and sellers response (negotiate repairs)
  • Buyer’s receipt, review & acceptance of preliminary title report, Schedule B Items, CC&Rs, easements, etc.
  • Home owners association documents ordered(Budget, Art. Of Inc., Bylaws, etc.)
  • Buyer’s receipt, review & acceptance of HOA documents
  • Obtain update from lender on the loan process
  • Verify receipt of appraisal
  • Negotiate & advocate where necessary, if appraised value less than contract price
  • Septic tank inspection & certification
  • Receive and notify all parties of loan approval
  • Set date/time for final walk through

Aid You in Finding Resources to Deliver the Property per the Contract:

  • Landscape, trash removal, paint, carpet cleaning, repair services
  • Set appointment with escrow officer for signing conveyance and financing documents
  • Receive and review closing HUD statement prior to closing

To Avoid any Delays, Review All Closing Documents prior to Closing For:

  • Figures, name accuracy, date accuracy, etc.
  • Notify client of what to bring to escrow
  • Remind you to cancel existing hazard insurance
  • Conduct final walk through and furnish receipts for any repairs, obtain signed form
  • Remind you to call to cancel utilities including cable
  • Attend signing
  • Verify recordation and notify you
  • Facilitate transfer of keys, gate openers, garage openers
  • Remove key safe, sign-in sheets and sign

How to Prepare For Your Move

Moving from your home may seem overwhelming! Where do you begin?

The best place to start is to create a calendar and checklist so nothing is left to chance. Start with Moving day and back out the calendar to be sure you leave plenty of time to get things done.

I am a great resource for you even after you close! Be sure to ask me about the Long Advantage discounts on moving-related services available to help you through this process.

Here are some helpful hints to help you through the process:

  • Find a safe place for all your documents so they don’t get misplaced during the move
  • Create a folder or envelope to keep all moving receipts in so you can discuss any tax benefits with your accountant.
  • Go through your house room by room and decide which items you will keep and which you will dispose of, sell, or donate – try using different color sticky pads for easy identification.
  • If you are using a moving company determine ahead of time what you will pack and what the mover’s will pack – this will make the moving estimate quicker and more accurate.
  • If you have antiques, talk to the moving company about having these items appraised prior to signing the contract.
  • If you are moving out of town, be sure to set up your bank accounts ahead of time and have all automatic deposits and withdrawals set up.
  • Request packing materials from your mover and begin packing out of season or rarely used items first.
  • Call your doctors, vets, dentists, pharmacies and schools to get copies of records or have them transferred to your new providers.
  • Schedule service disconnections and connections at your new home for electric, gas, water, etc – this way you have everything ready to go.
  • When you are packing up yard maintenance items, be sure hoses are empty and containers dry before the moving day.
  • Create a “survival kit” for items that you cannot do without during the move. Consider items such as important papers, address book, mover’s contact information, cash and the kid’s favorite toys.

Oro Valley Real Estate-Real Estate Terms

Oro Valley Real Estate-Real Estate Terms

Addendum: Something added. A list or other material added to a document, letter, contractual agreement, escrow instructions, etc., to modify the original. (See Amendment)
Adjustable Rate Mortgage (ARM): Mortgage loans under which the interest rate is periodically adjusted, in accordance with some market indicator, to more closely coincide with the current rates.  The extent and number of these adjustments are agreed to at the inception of the loan.
Agency: Any relationship in which one party (agent) acts for or represents another (principal) under the authority of the latter. Agency involving real estate should be in writing, such as listings, buyer/broker agreements, power of attorney, etc.
Amendment: A change either to correct an error or to alter a part of an agreement without affecting the  essential intent.
Appraisal:  A report from an independent third party detailing the estimated value of real estate.
Appreciation: An increase in value to real property due to positive improvement or the elimination of negative elements in the surrounding area.
Assessed Value: The valuation placed on real property for purposes of taxation.  This valuation does not necessarily correspond with the market valuation.
Balloon Note: A form of promissory note that calls for the minimum payment of principal and the payment of interest at regular intervals. This type of note requires a substantial final payment, which represents all the remaining principal.
Beneficiary (of a Trust): The recipient of benefits from a trust.
CC&Rs: A term used in Arizona to describe limitations in the deed on use and improvements to real property, frequently in a subdivision.
Clouded Title: An irregularity, possible claim or encumbrance that, if valid, would adversely affect or impair the title.
CLUE Report: (Comprehensive Loss Underwriting Exchange)  A report listing any insurance claims against the risk address which may affect the insurability of the property.
Conventional Loan: A mortgage or deed of trust not obtained under a government insured program, such as FHA or VA.
Comparable Sales (Comps): Real estate sales on properties of similar age, location and features to subject property used for price analysis and appraisals.
Conveyance: The transfer of title to real property from one person to another.
Deed: A document through which a conveyance of property is effected.
Deed of Trust: An instrument used in Arizona and many other states in place of a mortgage. Real property is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary) and re-conveyed upon payment in full.
Depreciation: Loss in value occasioned by ordinary wear and tear, destructive action of the elements, or functional or economic obsolescence.
Earnest Money: A deposit of funds by the purchaser on a piece of real estate as evidence of good faith.
Easement: A right to use all or part of the land owned by another for a specific purpose. An easement may, for example, entitle its holder to install and maintain sewer or utility lines or provide access to a piece of property.
Encroachment: Any building, improvement or structure (such as a wall, fence or driveway) located on one property that intrudes upon the property of another.
Encumbrance: Any interest, right, lien or liability attached to a parcel of land (such as unpaid taxes or an unsatisfied mortgage) that constitutes or represents a burden or charge upon the property.
Equity: The market value of real property less the amount of existing liens.
Fair Market Value: The average of the highest price that a buyer, willing but not compelled to buy, would pay and the lowest price a seller, willing but not compelled to sell, would accept.
Foreclosure: The legal process by which a lender or creditor exercises its legal rights to sell the property which was security for its loan at public auction and the owner’s rights are terminated.  Bank Owned Properties are those properties where the property was acquired by the former owner’s lender after such an auction.
Fixed Rate Mortgage: A mortgage having a rate of interest that remains the same for the life of the mortgage.
Fixtures: Personal property that is attached to real property and is legally treated as real property while it is so attached. Examples: medicine cabinets, window blinds, and chandeliers.
Hazard/Homeowners Insurance: Real estate/property insurance protecting against loss by fire, certain natural causes, covering liability, etc., depending on the terms of the policy.
Impound Account: An account held by the lender for payment of property taxes and insurance or other periodic debts against real property. The mortgagor (in this case the property owner) pays a portion of these debts with each monthly loan payment. The lender pays the billing parties from the accumulated funds when due.
Interim Financing: Temporary or short term loans. Often used with new construction. Usually replaced with a permanent long-term mortgage.
Intestate: Designates the estate or condition of failing to leave a will at death. “To die intestate.”
Judgment:  A decree of a court. In practice this is the lien or charge upon the lands of a debtor resulting from the Court ’s award of money to a creditor
Legal Description: A description of a parcel of land recognized by law, based on surveys  identifying the exact boundaries of the property.
Lien: A monetary charge imposed on a property, usually arising from a debt or obligation. All liens are encumbrances, but not all encumbrances are liens.
Lender’s Policy: Also called “mortgage policy.” A title insurance policy insuring a mortgagee, or beneficiary under a deed of trust, against loss caused by invalidity or unenforceability of a lien, or loss of priority of the mortgage or deed of trust.
Loan Origination Fee: A one time fee frequently charged by the lender to set up a loan.
Marketable Title: Real property ownership free of liens, defects, encumbrances or claims.
Mechanic’s Lien: A lien on real estate, securing the payment of debts due to persons provide labor, services or materials incident to the construction of buildings and improvements on the real estate.
Mortgage: An instrument by which real property is pledged as security for repayment of a loan.
Owner’s Policy: A policy of title insurance insuring an owner of real estate against loss occasioned by defects in liens against or unmarketability of the owner’s title.
PITI: A loan payment which combine Principal, Interest, Taxes and Insurance.
Plat: Also called “plat map.” A map dividing a parcel of land into lots, as in a subdivision.
Power of Attorney: An instrument in writing by which one person, the principal, authorizes another, the attorney in fact, to act in the specific actions described in the instrument.
Principal: (1) A sum of money owed as a debt on which interest is payable. (2) A person who empowers another to act as his representative or agent. (3) The person having prime responsibility for an obligation as distinguished from one who acts as a surety or endorser.
Public Records: Records which by law impart constructive notice of matters relating to land.
Purchase Agreement: See Sales Contract.
Quitclaim Deed: A deed which transfers whatever interest the maker of the deed may have in the particular parcel of land. A quitclaim deed contains no covenants or warranties.
Real Property: Also called “real estate.” (1) Land and anything permanently affixed to the land, such as building, fences and those things attached to the buildings, such as plumbing and heating fixtures, or other such items that would be personal property if not attached. (2) May refer to rights in real property as well as the property itself.
Recordation: Filing instruments of a legal nature with the recorder of the jurisdiction – such as a deed or mortgage – affecting the title to real estate. When such an instrument is properly recorded, it is considered to be a matter of public record. Legally, that means that all subsequent purchasers are deemed to have constructive knowledge of that information.
Right of Way: See Easement.
Sales Contract (Purchase Agreement): The legal document contractually binding the terms of Buyer’s and Seller’s agreement to sell/purchase real estate, usually completed by the real estate agent and signed by both parties
Short Sale: A real estate transaction in which the sales price is insufficient to pay the loans(s) encumbering the property, in addition to the costs of sale, and the seller is unable to pay the difference.  The approval of the seller’s lender(s) is required for the sale to proceed. 
Special Assessment: A lien assessed against real property by a public authority to pay costs of public improvements, such as sidewalks, sewers and street light, which directly benefits the assesses property.
Subdivision: A tract of land surveyed and divided into lots for purposes of sale.
Survey: The measurement of the boundaries of a parcel of land and its area.
VA Loans: Housing loans to veterans by banks, savings and loans, or other lenders that are guaranteed by the Veterans Administration, enabling veterans to buy a residence with little or no down payment.
Warranty Deed: A deed in which the grantor warrants or guarantees that good title is being conveyed.
Zoning: Laws passed by local governments regulating the size, type, structure, nature and use of land or buildings.

Oro Valley Community Events

Tucson and Oro Valley EVENT CALENDAR

Tucson communities are vibrant, active places to be and feature many social events. Here is a calendar of things to do in Tucson this month.


Theater and the Arts


Whose Live Anyway?
Fox Tucson Theatre
November 1, 2018

Diana Madaras Calendar Signing
Madaras Gallery
November 1, 2019

The Kevin Hart Irresponsible Tour
Tucson Music Hall
November 4, 2018

The Cripple of Inishmaan
Arizona Repertory Theatre
November 5 – December 3, 2018

Scrooge a Gaslight Musical
The Gaslight Theatre
November 8 – January 6, 2018

UA Presents the Martha Graham Dance Company
Centennial Hall
November 8, 2018

Loft Film Fest
The Loft Cinema
November 8 – 15, 2018

Arts & Crafts Sale
St. Pius Church
November 10 & 11, 2018

Eli Young Band
The Rialto Theatre
November 14, 2018

Season Performance: Premium Blend
Stevie Eller Dance Theatre
November 14 – 18, 2018

Joe Bonamassa
Tucson Music Hall
November 20, 2018

The Arizona Theatre Company Presents, Erma Bombeck: At Wit’s End
Arizona Theatre Company – Temple of Music and Art
October 20 – November 10, 2018


Sporting Events


Liver Life Walk
Brandi Fenton Memorial Park
November 3, 2018

Arizona Wildcat Hockey
Tucson Convention Center
November 3, 8, 10, 11, 15, 16, 17 & 30, 2018

Arizona Wildcats Mens Basketball
McKale Memorial Center
November 4, 7, 11, 14 & 29, 2018

Tucson Roadrunners Hockey
Tucson Arena
November 7, 9, 10, 20 & 21, 2018

Arizona Wildcats Womens Vollyball
McKale Memorial Center
November 16, 18 & 21, 2018

El Tour de Tucson
Tucson Convention Center
November 17, 2018

Territorial Cup: Arizona State Sun Devils at Arizona Wildcats
Arizona Stadium
November 24, 2018

Thanksgiving Cross-Country Classic – 5k & 1.5 Mile Fun Run
Reid Park, Ramada 10
November 22, 2018


Festivals, Fairs, and Shows


The Tucson Celtic Festival & Scottish Highland Games
Rillito Raceway Park
November 2 – 4, 2018

Tucson Comic-Con
Tucson Convention Center
November 2, 3 & 4, 2018

Tap & Bottle Invitational
MSA Annex
November 10, 2018

AZ Farm & Food Festival
AVA Amphitheater
November 10, 2018

Dusk Music Festival
Armory Park
November 10 & 11, 2018

GABA Fall Bike Swap 2018
7th Street, between 4th Avenue and 6th Avenue
November 11, 2018

TMA Holiday Artisans Market + Street Festival
Tucson Museum of Art
November 16 – 18, 2018

Western Heritage Festival
Old Tucson
November 23 – 25, 2018

Annual Holiday Arts and Crafts Fair
Gene C. Reid Park
November 24 & 25, 2018

A Magical Cirque Christmas
Fox Tucson Theatre
November 26, 2018


Outdoor Activities


All Souls Procession Weekend
Grande Avenue, South of Speedway Boulevard
November 2 – 4, 2018

Rillito Park Farmers Market
Rillito Park
November 4, 11, 18 & 25, 2018

2nd Saturdays Downtown
Downtown Tucson
November 10, 2018

Veterans Day: Free Entrance Day in Our National Parks
National Parks of America
November 11, 2018

The 99th Annual Tucson Veterans Day Parade
Downtown Tucson
November 12, 2018

Mercado Flea Market
Mercado San Agustin
November 11, 2018

Sonoran Harvest Taste The Desert
Arizona-Sonora Desert Museum
November 17, 2018

Family Festival in the Park presented by Cigna
Gene C. Reid Park
November 17, 2081

Luminaria Nights
Tucson Botanical Gardens
November 30 – December 9, 2018

Oro Valley Real Estate Home Buying

Oro Valley Real Estate Home Buying Process

Meet with me for your Buyer Consultation

You are Pre-Qualified by Lender

View homes fitting your criteria

Offer made on your favorite home

CONTRACT IS ACCEPTED!

Contract and Earnest Money deposited with Escrow Company: Escrow Opened/Title Search ordered

BUYER’S DUE DILIGENCE

Inspections: Home, Wood Infestation, Roof, Pool Review inspections and negotiates appropriate requests

Reports: Seller Disclosure, Title Commitment, CCRs, HOA Disclosures Buyer secures Home-owner’s Insurance within inspection period

Review with Buyer and present Buyer’s responses

LOAN APPROVAL PROCESS Mortgage Company, Underwriting/Property Appraisal, Approval

Escrow Company obtains payoffs and collects other info.

Buyer conducts final walk-through

Signing of documents by both Seller & Buyer

Signed documents sent to Lender

After approval of documents Lender wires funds and gives OK to record

Documents recorded at County Recorder

Sent back to Escrow and Escrow Company distributes funds

You are given the keys to your new home! WONDERFUL!

Title policy, deed, etc. are sent to you

 

Oro Valley Real Estate Market Report

Oro Valley Real Estate and Oro Valley Homes for Sale Housing Report October 2018 – In the Oro Valley area, September 2018 active inventory was 272, a 10% increase from September 2017. There were 59 closings in September 2018, an 8% decrease from September 2017. Year-to-date 2018 there were 704 closings, a 2% decrease from year-to-date 2017. Months of Inventory was 4.6, up from 3.9 in September 2017. Median price of sold homes was $307,500 for the month of September 2018, down 10% from September 2017. The Oro Valley area had 80 new properties under contract in September 2018, up 10% from September 2017

Oro Valley Real Estate Pool Views

Oro Valley Real Estate

Property Description

11262 N Chynna Rose Place

AWESOME MT VIEWS-CITY LIGHTS-BACKS TO DESERT. Range listing: $389,000-$399,000. All new Landscaping (Trees, shrubs, the works!) in front yard! Has been completely replaced with new drip system installed in front and backyard. New Grass installed in back. Many upgrades:. New light fixtures, new high end dishwasher and disposal, newer carpet throughout the home, new master bath flooring, many new wood blinds and window coverings. Garage floor epoxy coated. GRAND ENTRY THROUGH FORMAL LIV RM & DIN RM, SPACIOUS KIT & LRG FAM RM & WINDING STAIRCASE. HOME HAS LRG MSTR SUITE W/DBL DRS TO LOFT/OFFICE/DEN. Master privacy door has been added to en-suite. Large BALCONY OVER POOL.PRIVACY,, 3 CAR GARAGE, ON CUL-DE-SAC.

Oro Valley Real Estate Open House

Oro Valley Real Estate Open Sunday October 14th, 12-3pm

Property Description

Awesome Mountain Views and City Lights, backs to desert.

All new Landscaping (trees, shrubs, the works!) in front yard! Has been completely replaced with new drip system installed in front and backyard. New Grass installed in back.

Many upgrades:. New light fixtures, new high end dishwasher and disposal, newer carpet throughout the home, new master bath flooring, many new wood blinds and window coverings. Garage floor epoxy coated.

Grand Entry through formal Living Room & Dining Room, Spacious Kitchen & Large Family Room, Winding Staircase.

Home has large Master Suite with Loft/Office/Den. Master privacy door has been added to en-suite. Large Balcony over Pool.

Privacy, 3 Car Garage Cul De Sac.

Oro Valley Real Estate Market

Oro Valley Real Estate In the Oro Valley area, September 2018 active inventory was 272, a 10% increase from September 2017. There were 59
closings in September 2018, an 8% decrease from September 2017. Year-to-date 2018 there were 704 closings, a 2%
decrease from year-to-date 2017. Months of Inventory was 4.6, up from 3.9 in September 2017. Median price of sold
homes was $307,500 for the month of September 2018, down 10% from September 2017. The Oro Valley area had 80 new properties under contract in September 2018 ,up 10% from September 2017.

Oro Valley Real Estate Enjoy Outdoor Living

Oro Valley Real Estate Enjoy Outdoor Living 

SPRUCE UP YOUR OUTDOOR SPACES

 

With the weather cooling down, it’s time to enjoy our beautiful weather once more. It’s the perfect time to spruce up small outdoor spaces so you can enjoy them all winter long.
When working in a small space, you want to draw the eye around the room. Using a color pallet bring cohesion to the space, while adding pops of lively color can help draw your eye around the room. If you aren’t into color pops, multiple textures can help bring variety without overwhelming the space.
The smaller the area, the more precious the floor space. When placing bigger pieces like furniture in your outdoor space, make sure pieces are multipurpose where possible. A bench seat with extra storage or a table with a built-in planter can help make the most of the space.
If the foot print of the room is small, then look up! The floor isn’t the only useful space when you get creative. Utilize vertical planters, such as repurposed shutters, tall tiered containers or wall mounted pots to expand the space upwards. You can also save space on the floor by using a ceiling or overhead beam to hang lights, plants, or décor.
This extension of your home should feel like just that so make sure you infuse your space with the things that make you happy. Take inspiration from anything that can – the décor of your favorite restaurant, the pattern from your favorite outfit, the line of your dream car, the art that your kids make, the color of your dream car… you get the idea.
At the end of the day, clever use of your outdoor space is a great opportunity to expand your home. This is especially useful in a state like ours with almost year-round perfect weather. There are a million ideas out there, so get out there and enjoy that space!

Oro Valley Real Estate Open House Tips

Oro Valley and Real Estate-Buy or Run

When you go to an open house, it’s easy to get caught up in your own world. In fact, the seemingly innocuous chitchat you overhear can help you decide whether to follow through and make an offer—or run. The comments and criticisms you pick up on during an open house can contain nuggets of valuable financial and personal info you can put to use.

Here are some examples.

The owners are flexible on price

Translation: What [the agent] is really saying is that the home can and will be sold for under asking price. If you’re serious about making an offer, use this nugget of info to your advantage. Take a closer look around the property with a critical eye. Do the kitchen appliances need updating? Is the backyard in dire need of landscaping? Now that you know the homeowner’s in a selling mood, you’re in a perfect position to submit a low bid. Any repairs and issues will give you leverage to negotiate.

What’s that smell in the house?

Translation: There might be a big problem. If you overhear visitors discussing a specific issue—say, a damp smell, or maybe evidence of termites —it can certainly be used as leverage when writing an offer, or it may be enough for you to decide you don’t want to take on a potential problem. And if other visitors are talking about it, the problem is probably big enough to cause headaches.

Wow, the sellers are getting out just in time

Translation: The neighborhood could be on the decline. When you go to an open house, you shouldn’t just zero in on the home itself. This is your chance to get a feel for the community. Since open houses tend to attract curious neighbors, they can be the ideal setting for a potential buyer to find out about hot-button issues such as future development, traffic, area crime, or just neighborhood nuisances. If you’re looking for a home in a relatively quiet neighborhood, for instance, you might be grateful to find out now about the new road widening that’s slated to go up a half-mile away.

This price is way too high

Translation: You should work with your agent and research what other homes in the neighborhood are going for. Sure, the price of the home you’re looking at might seem high, but that doesn’t mean it’s not fair market value for the neighborhood. Sometimes a property is priced correctly, but buyers might not realize it. That’s why it’s crucial to check the comps and make sure the house you’re touring lines up. If it still seems high, don’t run yet. You could consider adjusting your bid accordingly.

Great, our couch would fit perfectly in here!

Translation: You have competition. Listen for interest at an open house. Interested home buyers will often travel through the home, slowly and intently, using phrases such as ‘Our living room set would fit perfectly’ or ‘Do you think our bed would look good in this room? These are clear indicators they’re thinking about putting in an offer. And if you can see yourself living in that house, too, you’d better act fast. The worst is losing out on a home because someone got there first.

Hear the words foreclosure or divorce

Translation: The sellers’ misfortune—sad as it may be for them—could work in your favor. If you hear the word foreclosure, you should pay attention. They may be open to selling it for less than they want to, due to time restrictions. Divorce is another word to listen for. If the owners are splitting up and/or need to split their assets, it’s likely that they don’t want to hang onto the home too long because it’s that much longer until they can move on with the rest of their lives.

 

Before jumping to conclusions, do some research. Of course, it’s always a good idea to consider your source. Take everything you hear with a grain of salt. If you’re genuinely concerned, share that info with your agent. That said, don’t discount anything entirely.

Oro Valley Real Estate Upgraded

Oro Valley Real Estate Desert Vista in the heart of Oro Valley. Move-in ready. Spacious 2,329sf 3BR/2BA single story home w/3 car garage on large lot on Cul-de-sac Street. Lot backs to open area w/privacy & views w/wrought iron fencing. Kitchen has granite counters, large prep island, newer cabinets w/soft close drawers/slide outs & casual dining area. Great for entertaining, the family room off kitchen has gas fireplace. Formal Living/Dining area. Spacious master suite has large sitting alcove w/patio access, garden tub, separate shower & 2 walk-in closets. Newly installed carpet in BR’s. Vaulted ceilings, wood blinds, solar tubes, art niches & security screen doors. Extended brick covered patio. Close to Schools, Library, shopping & restaurants. Zoned HVAC; One unit replaced in 2017. New Exterior Paint 2012