Mobile: (520) 313-0352    Email: ypalmer11@gmail.com
Yvette M. Palmer, Associate Broker
AGAVE PREMIER PROPERTIES
Home Buyer Advisory
 
The Arizona Association of Realtors® Buyer Advisory is provided as a supplemental to the purchase contract. The advisory is broken up into 5 sections. This Buyers Advisory helps you identify pertinent information that you may otherwise overlook during the due diligence period. The advisory contains live links, as the market evolves, the Buyer Advisory is updated. The last updated for the home buyer advisory was March of 2016.
This Advisory is designed to make the purchase of real property as smooth as possible. Some of the more common issues that a buyer may decide to investigate or verify concerning a property purchase are summarized in this Advisory. As your agent, it's imperative that you communicate any special concerns you may have about the property or surrounding area, whether or not those issues are addressed in this Advisory.
 
 

COMMON DOCUMENTS A BUYER SHOULD REVIEW

  • Purchase Contract
  • MLS Printout
  • The Subdivision Disclosure Report (Public Report)
  • Seller’s Property Disclosure Statement (SPDS)
  • Covenants, Conditions and Restrictions (CC&Rs)
  • Homeowner’s Association (HOA) Governing Documents
  • HOA Disclosures
  • Community Facilities District
  • Title Report or Title Commitment
  • Loan Information & Documents
  • Home Warranty Policy
  • Affidavit of Disclosure
  • Lead-Based Paint Disclosure Form
  • Professional Inspection Report
  • County Assessors/Tax Records
  • Termites and Other Wood Destroying Insects and Organisms
  • Foreign Investment in Real Property Tax Act (FIRPTA)

COMMON PHYSICAL CONDITIONS IN THE PROPERTY A BUYER SHOULD INVESTIGATE

  • Repairs, Remodeling and
  • New Construction
  • Square Footage
  • Roof
  • Swimming Pools and Spas (Barriers)
  • Septic and Other On-Site Wastewater Treatment Facilities
  • Sewer
  • Water/Well Issues (Adjudications, CAGRDs)
  • Soil Problems
  • Previous Fire/Flood
  • Pests (Scorpions, Bed bugs,
  • Roof Rats, Termites & Bark Beetles)
  • Endangered & Threatened Species
  • Deaths & Felonies on the Property
  • Indoor Environmental Concerns (Mold, Chinese Drywall, Radon Gas & Carbon Monoxide, Drug labs, Other)
  • Property Boundaries
  • Flood Insurance / Flood Plain Status
  • Insurance (Claims History)
  • Other Property Conditions (Plumbing, Cooling/Heating, Electrical systems)

CONDITIONS AFFECTING THE AREA SURROUNDING THE PROPERTY THE BUYER SHOULD INVESTIGATE

  • Environmental Concerns (Environmentally Sensitive Land Ordinance)
  • Electromagnetic Fields
  • Superfund Sites
  • Freeway Construction & Traffic Conditions
  • Crime Statistics
  • Sex Offenders
  • Forested Areas
  • Military and Public Airports
  • Zoning/Planning/Neighborhood Services
  • Schools
  • City Profile Report

OTHER METHODS TO GETTING INFORMATION ABOUT A PROPERTY

  • Talk to the Neighbors
  • Drive around the Neighborhood
  • Google Earth

RESOURCES

  • Market Conditions Advisory
  • Fair Housing & Disability Laws
  • Additional Information Services: NATIONAL ASSOCIATION OF REALTORS®, Arizona Government, Arizona Department of Real Estate, and Arizona Association of REALTORS®

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