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Phone: 602-560-4736
Location
7420 E. Pinnacle Peak Road
Suite 126
Scottsdale, AZ 85255
Hours
Buying or selling residential property in Arizona involves multiple steps and a significant amount of paperwork. Understanding which documents are necessary ensures the transaction proceeds smoothly and minimizes potential legal issues. At McCain & Bursh Attorneys at Law, P.C., we assist Scottsdale residents by guiding them through every stage of their residential transactions. Here are the key documents you'll typically need:
The Purchase Agreement outlines all essential terms of the sale, including price, closing date, contingencies, and property disclosures. Both buyer and seller must carefully review and agree upon its contents.
Arizona law requires sellers to disclose known issues or defects with the property. The SPDS helps buyers make informed decisions and protects sellers from future disputes.
A Title Commitment ensures the property is free of liens and legal issues. Title Insurance further protects the buyer and lender against
potential claims regarding ownership.
Home inspections, termite inspections, and other specialized inspections (like roofing or plumbing) provide valuable information about the property's condition.
An appraisal establishes the fair market value of the property and ensures that lenders aren’t financing more than the home is worth.
If financing is involved, you’ll need various loan-related documents, including the mortgage agreement, loan estimate, and closing disclosure detailing loan terms.
This document secures the lender’s interest in the property until the loan is fully repaid. It is recorded in county records.
Also known as the Closing Disclosure, this itemized statement outlines all financial transactions, fees, and costs involved in the purchase.
The deed officially transfers ownership from the seller to the buyer. It must be signed, notarized, and recorded in the county records.
Real estate transactions can be complex. At McCain & Bursh Attorneys at Law, P.C., our attorneys ensure that all required documents are properly drafted, reviewed, and executed. With our detailed attention and experienced legal guidance, Scottsdale residents can confidently close their residential transactions without worry.
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7420 E. Pinnacle Peak Road
Suite 126
Scottsdale, AZ 85255
*By Appointment Only
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Phoenix, Scottsdale, Anthem, Apache Junction, Avondale, Buckeye, Chandler, Gilbert, Goodyear, Litchfield Park, Maricopa, Mesa, Peoria, Glendale, Queen Creek, Sun City, Surprise, Tempe and Tucson and throughout Maricopa County, Pinal County, Pima County, Mohave County, Cochise County, Yavapai County and La Paz County.
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All Rights Reserved | McCain & Bursh Attorneys At Law, P.C. | Powered By Convert It Marketing | Privacy Policy