The Importance of Appraisal When Selling Your Home
When speaking with one of our Phoenix Quality Home Realtors, you will have the opportunity to discuss the local market conditions and the current anticipated value of your home.
Current statistics from ARMLS data, show that the longer a home remains on the market the lower the achieved figure may be, relative to your asking price.
The key is to obtain an accurate appraisal if you wish to sell within a relatively short space of time, and in line with the local market.
Your asking price should also be comparable to other properties of the same type and size, in your local area . All of our realtors have extensive experience and the knowledge to guide you to the best solution for your desired goal.
We can discuss recent comparable sales with you, and help you determine the optimum time for you to sell, that fits with your current goals.
Proactive Marketing of Your Home
The key to effective marketing of your home is utilizing all available channels and to allow our clients to benefit from our years of experience and contacts in your local market. Click below to learn more.View Our Marketing Plan
Arrange an Appraisal From Our Market Experts
Our realtors will be happy to discuss your home appraisal, how to maximize your sale price and how we may work with you to achieve your goals.Request an Appraisal
As you may be aware Escrow is a facility where a third, neutral party administers the home sale transaction and keeps vital documentation and of course funds secure.
The period of escrow begins after the buyer’s offer is accepted by the seller and ends at the closing.
The Escrow Process
A buyer will open an Escrow account using the earnest money, to show good faith to the seller.
The concept of Escrow is to ensure the transaction proceeds while satisfying all agreed terms of the sale and ensures accountability for both parties.
There may be certain contingencies which must be met with regard to title, repairs or mortgages, for example. Purchasers will want to be confirm all conditions are met before allowing the seller access to their funds and sellers need to be certain that they will receive payment, before releasing their title deeds.
Then according to the agreement between the buyers and sellers, the Escrow company redistributes funds and other key pieces of information upon closing. This protection is vital and means that buyers and sellers never exchange funds directly.