Tony and Suzanne Marriott's Phoenix Arizona Real Estate Blog

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Getting Ready for Showtime! Part 2 of a series

In the previous entry in this series: Getting Ready for Showtime! Part 1 of a series

I made a list of the various things to do to get ready for "showtime".

First up are: Title Inspection and Home Warranty

You are under contract with the Seller to represent their best interests.  Two items to be done immediately and concurrently are a "Title Inspection" and placing a Home Warranty on their property.

TitleBy "Title Inspection" I mean having your preferred Title & Escrow company run the property through their system to see what "clouds" may exist - and I don't mean Active Rain Clouds!  While a Seller may think they know what they owe on the property, and can provide you with a recent loan statement, that won't paint the complete picture.  The Seller may be unaware of pre-payment penalties on the loan(s).  They may be unaware of any Mechanics Liens on the property.  You need to find out ASAP if there are going to be any roadblocks to closing escrow due to title "issues".

Case in point:  A client of ours - the widow of Bob M. who ran the car service I used before I retired from the Corporate America 2-3 roundtrips a week out of Phoenix airport - wanted to sell the house Bob had owned for over 30 years.  As far as she knew, the property was free and clear.  A title search revealed a lien of $60,000+ on the property to do with a bond issued to Bob when he owned a travel agency.  The bank involved was no longer in business.  It took 6 weeks for the title agency to get the records found, and confirmation that the lien was in fact cleared long ago!

Home WarrantyA Seller's Home Warranty protects your Seller during the Listing period and costs ZERO - the Home Warranty companies offer the FREE Seller's Home Warranty in the hope that at Close of Escrow the Buyer or the Seller will purchase a Home Warranty for the benefit of the Buyer.  There is no obligation on the part of anyone to purchase the warranty if they don't want to - although in my opinion it is a big plus to put one in place for the minimal $300 to $400 investment.

In Part 3 of this series we'll explore the Home Inspection.  Stay tuned! 

If you are considering selling a home or real estate in the Phoenix area you owe it to yourself to talk with Haven Express at Keller Williams Realty Professional Partners to determine whether Tony Marriott is the best real estate Broker in the Phoenix and Scottsdale metropolitan area to help you with the sale of your home!

About the Authors - Updated 2018

If you are considering a Traditional or Short Sale of your home in Phoenix, Scottsdale or any location in Maricopa County Arizona, you owe it to yourself to talk with the BVO Luxury Group @ Keller Williams Arizona Realty to determine whether Tony and Suzanne Marriott are the best real estate Brokers in the Phoenix and Scottsdale metropolitan area to help you with the Successful Sale of your home.

Tony and Suzanne have personally Listed, Sold and Closed more than a hundred Short Sales with the highest list to close rate in the Phoenix Metro Area!

Tony Marriott - Chief Operating Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Suzanne Marriott - Chief Learning Officer - BVO Luxury Group @ Keller Williams Arizona Realty

Associate Brokers, REALTORS
BVO Luxury Group
Keller Williams Arizona Realty

Comments

Enjoyed this post and want to read more - try this one - Peacocks and Pickles for Christmas 2015!  Wishing you a prosperous and Happy New Year!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) over 3 years ago

Enjoyed this post and want to read more - visit our website  - HavenExpress.com - where all your questions about buying and selling residential real estate in Arizona are addressed!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) over 3 years ago

Enjoyed this post and want to read more - visit our website  - HavenExpress.com - where all your questions about buying and selling residential real estate in Arizona are addressed!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) over 3 years ago

Planning to sell your home in Scottsdale, Arizona?  Give us a call for a free, no obligation, consultation!  Haven Express

Listed, Sold and Closed 100% of listings taken (dozens of them) since June 2011!

Real Estate.  It's What We Do. Best!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) about 3 years ago

Planning to sell your home in Scottsdale, Arizona?  Give us a call for a free, no obligation, consultation!  Haven Express

Listed, Sold and Closed 100% of listings taken (dozens of them) since June 2011!

Real Estate.  It's What We Do. Best!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) about 3 years ago

Planning to sell your home in Scottsdale, Arizona?  Give us a call for a free, no obligation, consultation!  Haven Express

Listed, Sold and Closed 100% of listings taken (dozens of them) since June 2011!

Real Estate.  It's What We Do. Best!

Posted by Tony and Suzanne Marriott, Associate Brokers, Serving Scottsdale, Phoenix and Maricopa County AZ (BVO Luxury Group @ Keller Williams Arizona Realty) about 3 years ago

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