Escrow Officer: _________________
HOME WARRANTY COMPANY
HOME INSPECTION COMPANY
TABLE OF CONTENTS
1. Why Use REALTOR®? 5. Escrow & Title
a. Real Estate Agency Disclosure a. What is Escrow?
& Election b. Opening Escrow
b. Buyer—Broker Exclusive c. Closing Costs
Employment Agreement d. What Do I Pay For?
e. Closing the Deal
2. Loan Information f. Closing Escrow
a. Maximize Your Chances g. What to Expect at Closing
b. Loan Process h. Life of an Escrow
c. Loan Information i. Title Insurance
d. LSR j. What You Don’t Know Can Hurt You
k. It Can Happen
l. Holding Title
3. Finding The Perfect Home m. Owner Policy Comparisons
a. Home Comparison Checklist
b. Making an Offer
c. Get Protection 6. Moving Tips
d. Home Warranty a. Helpful Hints for Moving
e. Home Warranty Companies b. 6 Week Checklist for a Good Move
c. Final Steps to Ownership
d. Important Phone #’s
4. AAR Forms e. Phoenix Information
a. Buyer Broker Exclusive Agreement
f. Glossary of Terms
b. Real Estate Agency Disclosure
c. Attention Buyer
d. Buyer Advisory 7. Maps
e. Residential Resale Real Estate a. Metropolitan Phoenix Map
Purchase Contract b. School District Map
f. Lead Based Paint Disclosure
g. What is Lead Based Paint?
h. Environmental Hazards
i. Residential Pool Safety
A tradition of SERVICE and EXCELLENCE has been attributed to
Title Security Agency of Arizona’s success for over thirty-four years in
Tucson, Arizona. The expansion of the company into Maricopa County
occurred in December 2004. Recognized for our highly experienced and
professional escrow and title officers, our mission has been and will
continue to be providing exceptional customer service and expertise to
our clients and the real estate community.
Title Security Agency of Arizona was founded in 1972 by Tom Sullivan, Sr.,
& Tom Sullivan Jr. who is also Chairman of the Board. Tom Sullivan, Jr., is
the President and Marty Thomas is the Board of Directors Manager. The
Maricopa County President and Operations Manager is Cobra Collier .
Melissa Bushnell is Vice President and Escrow Manager. All of these indi-
viduals have extensive knowledge and experience in the Title and Escrow
First Magnus Financial is a company that is also owned by Tom Sullivan, Sr.
First Magnus Financial, in addition to Title Security Agency of Arizona,
owns and operates Great Southwest Mortgage and Charter Funding.
Magnus Title Agency of Arizona’s management philosophy is built on
integrity, innovation, technology and compassion for our clients and em-
ployees. Our dedication and hard work brings commitment and value to
Magnus Title’s solid reputation.
“Allow our Experience to Work for You.”
Administration Lakeshore Baseline Commercial
9500 E. Ironwood Sq. Rd., Suite 126 4801 S. Lakeshore Drive Suite 102 2915 E. Baseline Rd Suite 118
Scottsdale AZ 85258 Tempe, AZ 85282 Gilbert, AZ 85234
Phone: (602) 748-2800 Phone: (480) 385-6204 Phone: (480) 748-2900
Fax: (602) 748-2710 Fax: (480) 682-3390 Fax: (480) 682-3396
North Scottsdale Rural Power Road
9500 E. Ironwood Square Dr Suite 126 4801 S. Lakeshore Drive Suite 102 2915 E. Baseline Rd Suite 118
Scottsdale, AZ 85258 Tempe, AZ 85282 Gilbert, AZ 85234
Phone: (602) 748-2100 Phone: (480) 385-6212 Phone: (480) 467-2100
Fax: (602) 682-3430 Fax: (480) 682-3381 Fax: (480) 682-3300
Title Department Ahwatukee Sun City West
3200 N. Central Suite 1270 4621 E. Chandler Boulevard Suite 180 13843 W. Meeker Blvd. Suite 113
Phoenix, AZ 85012 Phoenix, AZ 85048 Sun City West, AZ 85375
Phone: (602) 792-7300 Phone: (480) 385-6275 Phone: (623) 385-4000
Fax: (602) 748-2700 Fax: (480) 385-6984 Fax: (623) 792-1863
Customer Service Ahwatukee Unit 2 Surprise Bell
3200 N. Central Suite 1270 4621 E. Chandler Boulevard Suite 180 14239 W. Bell Rd., Suite 213
Phoenix, AZ 85012 Phoenix, AZ 85048 Surprise, AZ 85374
Phone: (602) 792-7300 Phone: (480) 385-6275 Phone: (602) 792-1057
Fax: (602) 748-2709 Fax: (480) 385-6984 Fax: (602) 792-1831
Commercial Escrow Ocotillo
2525 E. Camelback Rd Suite 600 4050 S. Arizona Ave #1
Phoenix, AZ 85012 Chandler, AZ 85248
Phone: (602) 748-2800 Phone: (602) 682-9800
Fax: (602) 748-2710 Fax: (602) 682-3450
51st Avenue Magnus Arrowhead
18205 N. 51st Avenue Suite 129 7200 W. Bell Road Suite J-101
Glendale, AZ 85308 Glendale, AZ 85308
Phone: (623) 385-3440 Phone: (602) 792-1050
Fax: (623) 792-1860 Fax: (602) 682-3460
19th Avenue Phoenician
21410 N. 19th Avenue Suite 139 6991 E. Camelback #C100
Phoenix, AZ 85027 Scottsdale, AZ 85251
Phone: (602) 385-1550 Phone: (480) 682-0200
Fax: (602) 748-2750 Fax: (480) 385-6862
1. WHY USE A REALTOR®?
WHY USE A REALTOR®
Working with a REALTOR® -
Buying a Home
Buying a home calls for your informed decision · A REALTOR® can help familiarize you with
based on the knowledge, judgement and guidance the closing process.
of a real estate broker or agent -- particularly on
who is a REALTOR®. · A REALTOR® shows you only those
homes best suited to your needs -- size, style,
Unlike many real estate agents who are simply features, location, accessibility to schools,
licensed by their state to do business, REALTORS® transportation, shopping, and other personal
have taken additional steps to become members of preferences.
their local Board of REALTORS® and have agreed
to act under and adhere to a Code of Ethics. · A REALTOR® often can suggest simple,
imaginative changes that could make a
This membership obligates them to be fair to all home more suitable for you and improve its
parties involved in this transaction, be it the buyer, utility and value.
seller or cooperating agent. Be sure your real estate
agent is a REALTOR®. · A REALTOR®, though generally acting as
an agent for the property owner, is bound
REALTORS® do more… and obligated by the Code of Ethics to give
much more…than you think. fair treatment to all parties in the transaction.
· A REALTOR® can help you determine
how much home you can afford. Often a · A REALTOR® is sensitive to the importance
REALTOR® can suggest ways to accrue you place on this major commitment you
the down payment and explain alternative are about to make. Count on this real estate
financing methods. professional to facilitate negotiation of an
agreement satisfactory to both seller and
· A REALTOR®, in addition to knowing the buyer.
local money market, also can tell you what
personal and financial data to bring with you If you see a home as one of your most important
when you apply for a loan. investments, the REALTOR® you work with could
be one of your most valuable resources. As a home
· A REALTOR® is already familiar with buyer, you can expect the commitment, integrity and
current real estate values, taxes, utility costs, expertise that you’ll find in REALTORS®.
municipal services and facilities, and may be
aware of local zoning changes that could It is the business of a REALTOR® to work with
affect your decision to buy. you by understanding your home buying needs
and showing you properties that fit your lifestyle
· A REALTOR® can usually research your and budget.
housing needs in advance through the
Multiple Listing Service -- even if you are
relocating to another city.
2. LOAN INFORMATION
a. Maximize Your Chances
b. Loan Process
c. Loan Information
MAXIMIZE YOUR CHANCES
With inventory diminishing daily and multiple offers becoming common,
it is of great importance that you position yourself to have the “BEST
CHANCE” to get your offer accepted. You enhance your chance of getting
the home of your choice by doing the following:
GET PRE-QUALIFIED FOR YOUR PURCHASE: This takes very little time
and is based on unverified information. This identifies the price range for
which you qualify and which fits your lifestyle.
GET PRE-APPROVED FOR THE PURCHASE: This takes a bit more time
but is of great value. This is based on verified information and credit
SUBMIT A STRONG COMPETITIVE OFFER: Submit the offer as if there
will be multiple offers in an escalating market.
INCLUDE SUBSTANTIAL EARNEST MONEY DEPOSIT: Acceptance
of an offer is sometimes determined by the amount of the deposit. A larger
amount may signify a bigger commitment to the seller.
MINIMIZE OR ELIMINATE CONTINGENCIES: The fewer contingencies,
the stronger the offer.
MAKE A BUYER PROFILE AVAILABLE: Time on the job, flexibility, reason
for purchasing the seller’s home, etc.
BE PREPARED TO PREVIEW A NEW PROPERTY QUICKLY: Homes
sell sometimes in hours. Be prepared to make decisions quickly and be
accessible to change the terms instantly.
THE LOAN PROCESS
Application interview and lender obtains all
Order credit report, appraisal on property,
verifications of employment, mortgage and/or
rent, and funds to close, landlord ratings,
and commitment of title insurance.
The loan package is assembled and submitted
to the underwriter for approval.
Supporting documents come in.
Lender checks on any problems. Requests for any
additional items are made.
Parties are notified of loan
approval and conditions.
DOCUMENTS ARE DRAWN
Loan documents are completed and sent to Magnus Title.
Borrowers come into Magnus Title
for final signatures.
Lender reviews the loan package.
Funds are transferred by wire or check to Magnus Title.
Magnus Title records the Deed and Deed of Trust
with the County Recorder’s Office.
DISPERSAL OF FUNDS
ESCROW IS NOW OFFICIALLY CLOSED!!!!!!!!
The following information will be needed at your loan application:
• Copy of accepted earnest money contract.
• Residence addresses for past 2 years (landlord addresses if applicable).
• Name and address of employers for past 2 years with W-2’s, 1099’s, etc.
• Pay stubs showing gross monthly salary and all deductions, for 1 month
• Names, addresses, account numbers, and balances of all checking and
• Last 2 statements on all checking, savings, investments, IRA’s, etc.,
• Names, addresses, account numbers, balances, and monthly payments on
all open charge accounts.
• Addresses, loan information, and lease agreements on all other real estate
• Estimated value on all furniture, clothing, jewelry, and other personal
• Face value and cash value of life insurance, retirement accounts, and profit
• Certificate of Eligibility and/or DD214 for VA loans.
• Money for credit report and appraisal.
• If self-employed, 2 years tax receipts with all schedules,YTD P&L
statement with balance prepared by a CPA.
• If incorporated, 2 years corporate tax returns.
• Divorce decree, if applicable.
• Complete bankruptcy papers, if applicable.
LOAN STATUS REPORT
3. FINDING THE PERFECT HOME
a. Home Comparison Checklist
b. Making an Offer
c. Get Protection
d. Home Warranty
e. Home Warranty Companies
FINDING THE PERFECT HOME
Deciding on Your Dream Home
While your real estate agent will offer professional assistance, only you can determine your home
purchase priorities. Taking the following into account may help in selecting the right home for you.
What features are you looking for?
Do you have the design of a house in mind, such as traditional, southwestern, or modern? What
is the least amount of bed and bathrooms you will need? Are amenities such as garage space or
pool a priority? Is low-maintenance landscaping a concern?
The price is right…or is it?
Most buyers’ first consideration is price. As you begin to view homes, make sure you can
comfortably manage the monthly payments and that you will have enough cash to pay
transaction costs and moving expenses.
Location, Location, Location!
Your decision on the neighborhood should depend largely on the size and age of your family,
your income, and your personal preferences. Also, how accessible are major roads and
highways? Are public services such as street cleaning, garbage collection, police and fire
protection without charge? How does the cost of municipal taxes compare to similar
municipalities? What is the standing of area schools?
Condition & Comfort
While a thorough home inspection will reveal the home’s integrity, considerations such as a new
roof, electrical and plumbing upgrades, and efficiency of heating and cooling systems should
weigh significantly in your selection of a property.
Does it Have Resale Potential?
Since most first-time homebuyers expect to purchase a bigger and better home someday, resale
value should be an important factor in decision-making. Consider the following purchase and
resale tips before buying:
• It's best to buy a modest home in the nicest neighborhood you can afford, rather than
the most expensive home in a modest neighborhood.
• Two-bedroom/one-bath homes usually have less appeal; three and four bedroom
houses are most popular among buyers
• Curb appeal is very high on a buyer’s list. Homes with a charming, well-maintained
“street-view” appearance are easiest to resell.
Home Buyer Checklist 1 2 3
Property Address ____________ ____________ ____________
Asking Price $___________ $___________ $___________
Roof Condition ____________ ____________ ____________
Overall Exterior Condition ____________ ____________ ____________
Garage Size ____________ ____________ ____________
No. of Bathrooms ____________ ____________ ____________
No. of Closets ____________ ____________ ____________
No. of Bedrooms ____________ ____________ ____________
Central Air Conditioning
Separate Dining Room
Kitchen Eating Area
MAKING AN OFFER
How much? To ensure your offer is based on local market conditions, your agent will
provide you with comparable sales information as well as comparable listings. A second criteria is
making a sensible offer is determining how fast homes are selling, and whether they are selling for
close to the asking prices. In hot markets, otherwise known as a 'seller's market' --well-priced homes
sell for very close to the list price -- usually within five percent. In slower-paced markets where
prices are flexible, the gap between the list and sale price could be more than five percent.
Once you make your offer, one of three things will happen: 1) It will be accepted, 2) It will be
rejected, or 3) you will receive a counteroffer.
If all goes well and the offer is accepted, you’ll want to then proceed with a Home inspection. If it's
rejected, you can still come back with a higher offer if you're really interested in the house.
Fortunately, your agent is a professional negotiator and will work earnestly to bargain the deal in your
A contingency is a specified condition that must be met before a contract is legally binding. The two
most common contingencies in home purchasing are 1) the house must pass the home
inspection, and if not, the contract could become void, and 2) the borrower must obtain
specific financing from a lending institution, but if the loan can't be procured, the buyer
won't be bound by the contract. Essentially, a contingency protects you, the buyer, from being
obligated to purchase a house based solely on an accepted offer.
Once an offer and its contingencies are agreed upon, the next step is to provide earnest money,
proving the buyers commitment to purchasing the home. Also known as money given by a buyer to a
seller as part of the purchase price, it binds a transaction and assures payment. Your escrow officer
at your Title Company usually holds the deposit, and the amount will become part of your down
Withdrawing an offer
Once you make an offer, can you take it back? In most cases the answer is yes, right up until the
moment it is accepted, or even in some cases, if you haven't yet been notified of acceptance.
However, ask your Realtor for professional advice on this matter.
THE HOME INSPECTION
To protect owners in the event of catastrophe, real estate insurance can be
the best buy of a lifetime. There are varied insurance categories associated with
home ownership, including these major types:
• Title insurance: Protecting owners in the event that title to the
property is found to be invalid, coverage includes two types of policies;
"lenders" policies, which protect buyers up to the mortgage value of the
property, and "owners” policies, which protects owners up to the
• Homeowners' insurance: Required when you take ownership,
coverage provides fire, theft and liability protection for the home as well
as its contents.
• Flood insurance: Issued by the federal government and generally
required only in high-risk flood areas, this insurance provides as much as
$250,000 in coverage for a single-family home, plus an added $100,000
for its contents. Your agent will explain which locations require such
How do you get insurance?
It’s never too soon to shop around and compare insurance quotes. Be sure to
ask your agent about limitations, costs, and deductibles, and most importantly,
if your homeowner’s insurance plan incorporates a guaranteed replacement
cost policy. Since the Insurance company requires a couple of days to secure
the policy, you should take care of this during the inspection period.
THE HOME INSPECTION
Your Home Inspection
The AAR Residential Resale Real Estate Purchase Contract is intended to be a binding
contract; therefore, the importance of performing your own inspection of a home before you
decide to purchase it cannot be understated. Remember that while this is only a precursor to
the professional inspection that will soon follow, your personal inspection allows you to
pinpoint first-hand any potential problem areas that could cause you to change your mind
about whether or not you buy the house.
In general, you are looking for such details as: structural cracks; musty smells; rotting floor-
boards; roof leaks; peeling paint; cracked windows; broken appliances (including air conditioning
and heating units); quality of tile, carpeting, and other flooring material; and/or any aesthetic
(such as floor plan convenience, landscaping, or general home maintenance). In particular, you
will want to make note of any serious flaws about which you will want to notify the
professional home inspector.
Professional Home Inspection
The purchase contract gives you the right to make any inspections of the property/premises
for defects of any kind. Buying a home without having it professionally inspected first is about
as risky as engaging in a game of Russian roulette.
A professional inspection gives you more detailed information than an appraisal; information
you need to make a wise decision. In a home inspection, a qualified inspector takes an in-depth,
unbiased look at your potential new home to: (1) evaluate the physical condition (structure,
construction, and mechanical systems); (2) identify items that need to be repaired or replaced;
and (3) estimate the remaining useful life of the major systems, equipment, structure, and
finishes. The inspection gives a detailed report on the condition of the structural components,
exterior, roofing, plumbing, electrical, heating, insulation and ventilation, air conditioning, and
It is your responsibility to be an informed buyer!
THE HOME INSPECTION
Buyer’s Reasonable Disapproval
After any/all desired inspections have been performed, your Realtor may ask you to
complete an AAR Buyer Inspection Notice and Seller’s Response. You have three
options on this form: (1) Premises Accepted- No Repairs Requested; (2) Repairs
Requested; or (3) Cancellation.
Remember, a professional home inspection report is not necessarily a “fix-it” list for the
seller. However, if you determine repairs are deemed necessary, you and your Realtor
should submit all reasonably disapproved items to the seller. The seller has the option
to either repair those items or to refuse to do so. If the seller refuses to do so, you may
cancel the contract or proceed without any obligation on the part of the seller to make
Your Realtor will be your greatest asset in handling all the negotiations for you in regard
to reasonably disapproved items.
Unlike home owner’s insurance, which is only used in the event of a catastrophe such as
fire or storm damage, a home warranty is a renewable contract that combines the best
characteristics of an insurance policy and a service contract. A home warranty plan
covers home owners against unexpected failures of built-in mechanical systems and
appliance failures due to normal wear and tear. A home owner need only notify the
warranty company of a problem. The warranty company selects a local, licensed and
bonded service technician to diagnose and do the repair. The home owner merely pays
a small deductible ($35-$50) for the service. The initial policy period is for one year;
however, renewals are available. Ask your Realtor for specific information and read the
policy for coverage and limitations.
4. AAR FORMS
a. Buyer Broker Exclusive Agreement
b. Real Estate Agency Disclosure
c. Attention Buyer
d. Buyer Advisory
e. Residential Resale Real Estate
f. Lead Based Paint Disclosure
Arizona Department of Real Estate
A resource for real estate consumers
provided by the
Arizona Association of REALTORS®
A real estate agent is vital to the purchase of real property and can provide a variety of services in locating a property,
negotiating the sale, and advising the buyer. A real estate agent is generally not qualified to discover defects or evaluate
the physical condition of property; however, a real estate agent can assist a buyer in finding qualified inspectors and
provide the buyer with documents and other resources containing vital information about a prospective property.
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. Included
in this Advisory are: (1) common documents a buyer should review; (2) physical conditions in the property the buyer should
investigate; and (3) conditions affecting the surrounding area that the buyer should investigate. In addition, a buyer must
communicate to the real estate agents in the transaction any special concerns the buyer may have about the property or
surrounding area, whether or not those issues are addressed in this Advisory.
REMEMBER: This Advisory is supplemental to obtaining professional property inspections. Professional property inspections are
absolutely essential: there is no practical substitute for a professional inspection as a measure to discover and investigate defects
or shortcomings in a property.
COMMON DOCUMENTS A BUYER SHOULD REVIEW
The documents listed below may not be relevant in every transaction, nor is the list exhaustive. Unless otherwise stated, the
real estate agent has not independently verified the information contained in these documents.
Buyers should protect themselves by taking the time to read the real estate purchase contract and understand their legal
rights and obligations before they submit an offer to buy a property. Sample AAR forms are at www.aaronline.com/
A listing is an agreement between the seller and the listing broker and may authorize the broker to submit information to
the Multiple Listing Service (“MLS”). The MLS printout is similar to an advertisement. Neither the listing agreement nor the
printout is a part of the purchase contract between the buyer and seller. The information in the MLS printout was probably
secured from the seller, the builder, or a governmental agency, and could be inaccurate, incomplete or an approximation.
Therefore, the buyer should verify any important information contained in the MLS.
The Subdivision Public Report A Public Report
is intended to point out material information about a subdivision. Subdividers (any person who offers for sale or lease six
or more lots in a subdivision or who causes land to be divided into a subdivision) are required to give buyers an ADRE
Public Report. Read the Public Report before signing any contract to purchase property in a subdivision. Although some of
the information may become outdated, subsequent buyers can also benefit from reviewing the Public Report.
Initials _________ / __________
Public Reports dating from January 1, 1997, are available on the ADRE website at http://220.127.116.11/
publicdatabase/. The ADRE does not verify the information in the Public Report, therefore the Report could be inaccurate
so it should be verified. For additional information, go to www.azre.gov/PUBLIC_INFO/Documents/
Property_Buyer_Checklist.html Seller’s Property Disclosure Statement (“SPDS”) Most sellers provide a SPDS. This docu-
ment poses a variety of questions for the seller to answer about the property and its condition. The real estate broker is
not responsible for verifying the accuracy of the items on the SPDS; therefore, a buyer should carefully review the SPDS
and verify those statements of concern. View sample SPDS forms at www.aaronline.com/ForRealtors/Forms/. Also review
Covenants, Conditions and Restrictions (“CC&Rs”)
The CC&Rs are recorded against the property and generally empower a homeowner’s association to control certain as-
pects of property use within the development. By purchasing a property in such a development, the buyer agrees to be
bound by the CC&Rs. The association, the property owners as a whole, and individual property owners can enforce the
contract. It is essential that the buyer review and agree to these restrictions prior to purchasing a property. See
www.realtor.com/BASICS/condos/ccr.asp. The ADRE advises: “Read the deed restrictions, also called CC&Rs (covenants,
conditions and restrictions). You might find some of the CC&Rs are very strict.” www.azre.gov/PUBLIC_INFO/Documents/
Property_Buyer_Checklist.html Buyers should consult legal counsel if uncertain of the application of particular provisions in
Homeowner’s Association (“HOA”) Governing Documents
In addition to CC&Rs, HOAs may be governed by Articles of Incorporation, Bylaws, Rules and Regulations, and often ar-
chitectural control standards. Read and understand these documents. Also, be aware that some HOAs impose fees that
must be paid when the property is sold, so ask if the purchase of the property will result in any fees. Condominium and
planned community HOAs are regulated by Arizona statutes; however, they are not under the jurisdiction of the Depart-
ment of Real Estate. If you have questions about your rights and remedies regarding homeowner’s associations or commu-
nity associations, read the information provided at www.azre.gov/PUBLIC_INFO/Documents/
Purchasing_A_Home_Read_This.html#LINK11 or www.dfbls.az.gov/UserFiles/File/administration/HOA%
If purchasing a resale home in a condominium or planned community, the seller (if fewer than 50 units in the community) or
the HOA (if there are 50 ormore units) must provide the buyer with a disclosure containing a variety of information. See
www.azleg.state.az.us/ars/33/01260.htm and www.azleg.state.az.us/ars/33/01806.htm for the laws detailing these
Title Report or Title Commitment
The title report or commitment contains important information and is provided to the buyer by the title/escrow company or
agent. This report or commitment lists documents that are exceptions to the title insurance (Schedule B Exceptions). Sched-
ule B Exceptions may include encumbrances, easements, and liens against the property, some of which may affect the use
of the property, such as a future addition or swimming pool. Make sure you receive and review all of the listed documents.
Questions about the title commitment and Schedule B documents may be answered by the title or escrow officer, legal
counsel, or a surveyor. General information regarding title issues may be found at www.alta.org/consumer/questions.cfm.
For information on title insurance, visit the Arizona Department of Insurance website at www.id.state.az.us/
Initials _________ / __________
Unless a buyer is paying cash, the buyer must qualify for a loan in order to complete the purchase. A buyer should complete
a loan application with a lender before making an offer on a property if at all possible and, if not, immediately after
making an offer. It will be the buyer’s responsibility to deposit any down payment and insure that the buyer’s lender deposits
the remainder of the purchase price into escrow prior to the close of escrow date. Therefore, make sure you get all requested
documentation to your lender as soon as possible. For information on loans and the lending process, visit the following
Ginnie Mae: www.ginniemae.gov/2_prequal/intro_questions.asp?Section=YPTH
HUD: www.hud.gov/Mortgage Bankers Association: www.homeloanlearningcenter.com/default.htm
National Association of Mortgage Brokers: www.namb.org/namb/Home_Buyers_Home.asp?SnID=382338594
Home Warranty Policy
A home warranty may be part of the sale of the home. Buyers should read the home warranty document for coverage and
limitation information. Be aware that pre-existing property conditions are generally not covered under these policies.
Affidavit of Disclosure
If the buyer is purchasing five or fewer parcels of land (whether improved or vacant), other than subdivided land, in an
unincorporated area of a county, the seller must furnish the buyer with an Affidavit of Disclosure. A sample form is located at
Lead-Based Paint Disclosure Form
If the home was built prior to 1978, the seller must provide the buyer with a lead-based paint disclosure form. Information
about lead-based paint may be obtained at www.azre.gov/PUBLIC_INFO/Documents/
Purchasing_A_Home_Read_This.html#LINK12 or www.epa.gov/lead/.
County Assessors/Tax Records
The county assessor’s records contain a variety of valuable information, including the assessed value of the property for tax
purposes and some of the physical aspects of the property, such as the reported square footage. The date built information
in the assessor’s records can be either the actual or effective/weighted age if the residence has been remodeled. All infor-
mation on the site should be verified for accuracy. Information is available on county websites:
Maricopa: www.maricopa.gov/assessor and http://treasurer.maricopa.gov/parcels/
Other counties: www.az.gov/webapp/portal
Professional Inspection Report
The importance of having a property inspected by a professional inspector cannot be over-emphasized. An inspection is a
visual physical examination, performed for a fee, designed to identify material defects in the property. The inspector will
generally provide the buyer with a report detailing information about the property’s condition. The buyer should carefully
review this report with the inspector and ask the inspector about any item of concern. Pay attention to the scope of the
inspection and any portions of the property excluded from the inspection. A list of certified home inspectors may be found at
the Arizona Board of Technical Registration website, www.btr.state.az.us. Additional information on inspections may be found
at www.ashi.com, and guidance on hiring a home inspector may be found at www.realtor.com/basics/buy/inspnegot/
hire.asp?gate=realtor&poe=propertystore Termites and Other Wood Destroying Insects and Organisms Termites are com-
monly found in some parts of Arizona.
Initials _________ / __________
The Structural Pest Control Commission (“SPCC”) regulates pest inspectors and can provide the buyer with information regard-
ing past termite treatments on a property by calling 800-223-0618. The SPCC publication, What You Should Know About
Wood Infestation Reports, can be found at www.sb.state.az.us/TermiteInsp.php. Additional information may be obtained at
the SPCC website at www.sb.state.az.us.
COMMON PHYSICAL CONDITIONS IN THE PROPERTY A BUYER SHOULD INVESTIGATE
Every buyer and every property is different, so the physical property conditions requiring investigation will vary. Repairs and
New Construction The seller may have made repairs or added a room to the property. The buyer should feel comfortable
that the work was properly done or have an expert evaluate the work. Request copies of permits, invoices or other documen-
tation regarding the work performed. The Registrar of Contractors’ (“ROC”) publication, Hiring a Licensed Contractor, is avail-
able on the ROC website, www.rc.state.az.us/Consumer_menu.html. The Arizona Chapter of the National Association of the
Remodeling Industry may be contacted at http://aznari.com/. For information regarding permits, contact the city or county
If the roof is 10 years old or older, a roof inspection by a licensed roofer is highly recommended. See the ROC information on
hiring a licensed contractor online at www.rc.state.az.us/Consumer_menu.html or the Arizona Roofing Contractors Association
Swimming Pools and Spas
If the property has a pool or a spa, the home inspector may exclude the pool or spa from the general inspection so an inspec-
tion by a pool or spa company may be necessary. Barriers: Further, each city and county has its own swimming pool barrier
ordinance. Pool barrier contact information for Arizona cities and counties may be found at www.aaronline.com/documents/
pool_contacts.aspx. The Arizona Department of Health Services Private Pool Safety notice may be found at http://
azdhs.gov/phs/oeh/pool_rules.htm. The state law on swimming pools is located at www.azleg.state.az.us/ars/36/01681.htm.
Square footage on the MLS printout or as listed by the county assessor’s records is often only an estimate and generally
should not be relied upon for the exact square footage in a property. An appraiser or architect can measure the property’s
size to verify the square footage. If the square footage is important, you should have it confirmed by one of these experts
during the inspection period in a resale transaction and prior to executing a contract in a new home transaction. A list of ap-
praisers may be found at the Arizona Board of Appraisal, www.appraisal.state.az.us/directory/Default.aspx. A list of archi-
tects may be found at the Board of Technical Registration, www.btr.state.az.us.
Even if the listing or SPDS indicates that the property is connected to the city sewer, a plumber, home inspector, or other pro-
fessional should verify it. Some counties and cities can perform this test as well.
Septic and Other On-Site Wastewater Treatment Facilities
If the home is not connected to a public sewer, it is probably served by an on-site wastewater treatment facility (septic or al-
ternative system). A qualified inspector must inspect any such facility within six months prior to transfer of ownership. For infor-
mation on current inspection and transfer of ownership requirements, contact the county environmental/health agency or the
Arizona Department of Environmental Quality at www.azdeq.gov/environ/water/permits/onsitenot.html.
You should investigate the availability and quality of the water to the property. For information on wells and assured/
adequate water, go to www.azwater.gov/dwr/Content/Find_by_Program/Wells/default.htm or www.azwater.gov/
Initials _________ / __________
Adjudications: Arizona is undertaking several General Stream Adjudications, which are court proceedings to
determine the extent and priority of water rights in an entire river system. For information regarding water uses
and watersheds affected by these adjudications, and the forms upon sale of the property, contact the Department of
Water Resources at www.azwater.gov/dwr/Content/Find_by_Program/Adjudications/default.htm Additionally,
the Verde Valley Water Users assists members in matters pertaining to the Gila River System Adjudication.
CAGRDs: The Central Arizona Groundwater Replenishment District (CAGRD) functions to replenish
groundwater used by its members, individual subdivisions (“member lands”) and service areas of member water
providers (“member service areas”). Homeowners in a CAGRD pay an annual assessment fee which is collected
through the county property tax process based on the amount of groundwater served to member homes. To learn
more about CAGRD, membership visit www.cagrd.com.
The soil in some areas of Arizona has “clay-like” tendencies, sometimes referred to as “expansive soil.” To
investigate areas in Arizona where expansive soils exist, go to www.az.nrcs.usda.gov (search “shrink/swell”) or
www.azgs.az.gov (“Geologic Hazards”). Other areas are subject to fissures, subsidence and other soil conditions.
For information on earth fissures, visit www.azwater.gov/dwr/Content/Hot_Topics/Earth_Fissures_in_Arizona/
Earth_Fissures_in_Arizona.pdf. Properties built on such soils may experience significant movement causing a
major problem. If it has been disclosed that the property is subject to any such soil conditions or if the buyer has
any concerns about the soil condition or observes evidence of cracking, the buyer should secure an independent
assessment of the property and its structural integrity by a licensed, bonded, and insured professional engineer. A
list of state certified professional engineers and firms can be found at www.btr.state.az.us.
If it is disclosed there has been a fire or flood on the property, a qualified inspector should be hired to advise you
regarding any possible future problems as a result of the fire or flood damage and/or any subsequent repairs. For
example, if the property was not properly cleaned after a flood, mold issues may result. Your insurance agent may
be able to assist you in obtaining information regarding fire, flood, or other past damage to the property.
Cockroaches, rattlesnakes, black widow spiders, scorpions, termites and other pests are common in parts of
Arizona. Fortunately, most pests can be controlled with pesticides. Scorpions: Scorpions, on the other hand, may
be difficult to eliminate. If the buyer has any concerns or if the SPDS indicates the seller has seen scorpions or
other pests on the property, seek the advice of a pest control company. A source of information on scorpions may
be found at www.desertusa.com/oct96/du_scorpion.html. Roof Rats: For information on roof rats, which have
been reported in some areas, go to www.maricopa.gov/EnvSvc/VectorControl/RR/RRInfo.aspx. Termites and
bark beetles: For information on termites or bark beetles, which have been reported in some forested areas, see
Endangered and Threatened Species
Certain areas in the state may have issues related to federally listed endangered or threatened species that may af-
fect land uses.
Initials ________ / _________
Further information may be obtained by going to the following U.S. Fish and Wildlife website, www.fws.gov/southwest/
es/arizona/, or contact the appropriate planning/development service department.
Deaths and Felonies on the Property
An Arizona law states that sellers and real estate licensees have no liability for failure to disclose to a buyer that the prop-
erty was ever the site of a natural death, suicide, murder or felony, www.azleg.state.az.us/ars/32/02156.htm. This informa-
tion is often difficult to uncover; however, the local law enforcement agency may be able to identify calls made to the
Indoor Environmental Concerns
Mold: Mold has always been with us, and it is a rare property that does not have some mold. However, over the past few
years a certain kind of mold has been identified as a possible contributor to illnesses. Allergic individuals may experience
symptoms related to mold. The Arizona Department of Health Services, Office of Environmental Health, states: “If you
can see mold, or if there is an earthy or musty odor, you can assume you have a mold problem.” www.hs.state.az.us/phs/
oeh/invsurv/air_qual/mold_contents.htm The Environmental Protection Agency (EPA) and Centers for Disease Control
and Prevention websites also contain valuable information: www.epa.gov/iaq/molds/moldresources.html and
Radon gas and carbon monoxide: Radon gas and carbon monoxide poisoning are two of the more common and potentially
serious indoor air quality (“IAQ”) concerns. Both of these concerns can be addressed by the home inspector, usually for an
additional fee. For information on radon levels in the state, go to www.arra.state.az.us/radon.htm.
Clandestine drug labs: For information on remediation of clandestine drug laboratories, and to view a list of seized homes,
visit the Board of Technical Registration website at www.azbtr.gov/listings/drug_lab_site_clean_up.asp.
Other: For information on other indoor environmental concerns, the EPA has a host of resource materials and pamphlets
available at www.epa.gov/iaq/iaqinfo.html and www.epa.gov/iaq/pubs/index.html.
If the property boundaries are of concern, a survey may be warranted. For example, a survey may be advisable if there is
an obvious use of property by others (i.e., a well-worn path across a property and/or parked cars on the property) or fences
or structures of adjacent property owners that appear to be built on the property. For more information, visit the Arizona
Professional Land Surveyors website at www.azpls.org. A list of surveyors may be obtained from the Board of Technical
Registration at www.btr.state.az.us.
Flood Plain Status
If the property is in a flood zone, an additional annual insurance premium of several hundred dollars may be required
(check with your insurance agent about cost and coverage). If the property is in an area deemed high risk, the buyer may
be required by the lender to obtain flood hazard insurance through the National Flood Insurance Program. Find details on
flood plain status at:
Maricopa County: www.fcd.maricopa.gov/
Pima County: www.rfcd.pima.gov
Other parts of the state: www.azgs.az.gov/hazards_floods.shtml
FEMA’s Flood Map Service Center: www.fema.gov/hazard/flood/index.shtm
Insurance (Claims History)
Many factors affect the availability and cost of homeowner’s insurance. Some insurance companies use a database known
as the Comprehensive Loss Underwriting Exchange (“C.L.U.E.”) in their underwriting practices to track the insurance
claim history of a property and of the person applying for insurance coverage.
Initials ________ / _________
Property owners may request a five year claims history from their insurance agent or purchase a C.L.U.E. report online at
www.choicetrust.com or by calling 866-527-2600. For additional insurance information, visit the Arizona Department of In-
surance website at www.id.state.az.us/consumer.html and read "The New Reality of Property Insurance - What You Should
Know" at www.aaronline.com/documents/insurance.pdf.
Other Property Conditions
Plumbing: Check functionality. Also, a national class action suit has been settled, providing relief for qualifying leaks in poly-
butylene pipes (PB). For more information, see www.pbpipe.com/ or www.aaronline.com/documents/polyb.aspx Cooling/
Heating: Make sure the cooling and heating systems are adequate. Arizona State Chapter affiliate of the Air Conditioning
Contractors of America: www.acca-az.org/. Electrical systems: Check for function and safety.
CONDITIONS AFFECTING THE AREA SURROUNDING THE PROPERTY
THE BUYER SHOULD INVESTIGATE
Every property is unique; therefore, important conditions vary. Environmental Concerns It is often very difficult to identify
environmental hazards. For environmental information, search the ADEQ website at www.adeq.state.az.us. The ADEQ website
contains information regarding the locations of open and closed landfills (Solid Waste Facilities) at www.adeq.state.az.us/
environ/waste/solid/other.html and wildfire information at www.adeq.state.az.us/function/about/wildfire.html, as well as
air quality information, water quality information and more. Environmentally Sensitive Land Ordinance: Approximately two-
thirds of the City of Scottsdale is affected by the Environmentally Sensitive Land Ordinance (ESLO), which requires some ar-
eas on private property be retained in their natural state and designated as National Area Open Space (NAOS). For more
information about how the ESLO and NAOS may impact affected property, go to www.scottsdaleaz.gov/codes/ESLO .
For information on electromagnetic fields, and whether they pose a health risk to you or your family, visit the following web-
sites: www.niehs.nih.gov/health/topics/agents/emf/ or www.cancer.org/docroot/NWS/content/
NWS_1_1x_Electromagnetic_Fields_and_Cancer_Risk_.asp or http://cfpub.epa.gov/ncea/cfm/recordisplay.cfm?
There are numerous sites in Arizona where the soil and groundwater have been contaminated by improper disposal of con-
taminants. To check if a property is in an area designated by the ADEQ as requiring cleanup, see www.adeq.state.az.us/
environ/waste/sps/phx.html for available maps to view. The EPA also has information on Federal sites at www.epa.gov/
Freeway Construction and Traffic Conditions
Although the existence of a freeway near the property may provide highly desirable access, sometimes it contributes to un-
desirable noise. To search for roadway construction and planning, go to the Arizona Department of Transportation (“ADOT”)
website at www.azdot.gov/Highways/. Check ADOT maps to find the nearest future freeway routes and roads in the area
slated for widening. For traffic conditions, visit www.az511.com/.
Crime statistics, while an imperfect measurement at best, nevertheless provide some indication of the level of criminal activity
in an area. To check the crime statistics for the cities of Phoenix, Tempe, Glendale, Mesa, Scottsdale, Chandler, Gilbert and
Peoria, go to www.faxnet1.org. A visit or phone call to other law enforcement agencies may be required. For a list of all
Arizona city links, go to www.azleague.org. To find crime statistics on their websites, you may need to search for “crime
Initials ________ / _________
Since June 1996, Arizona has had a registry and community notification program for convicted sex offenders.
This information may be accessed at https://az.gov/webapp/offender/main.do . Prior to June 1996, registration was not
required, and only the higher-risk sex offenders are on the website. The presence of a sex offender in the vicinity of the
property is not a fact that the seller or real estate agent is required to disclose.
City of Glendale: Go to www.glendaleaz.com/police/sexoffenderinfocenter.cfm for more information.
Military and Public Airports
The legislature has mandated the identification of areas in the immediate vicinity of military and public airports that are
susceptible to a certain level of noise from aircraft. The boundaries of these areas have been plotted on maps that are
useful in determining if a property falls within one of these areas. The map for military airports may be accessed at
www.azre.gov/PUBLIC_INFO/Airport_Maps/Territory_in_the_Vicinity_of_a_Military_Airport.html; view maps for many of
the public airports at www.azre.gov/PUBLIC_INFO/Airport_Maps/Territory_in_the_Vicinity_of_a_Public_Airport.html.
These maps are intended to show the areas subject to the preponderance of airport-related noise from a given airport.
Periodic over-flights that may contribute to noise cannot usually be determined from these maps.
Life in a forested area has unique benefits and concerns. For information on protecting your property from wildfire, go to
www.azsf.az.gov/ or www.firewise.org/. See also, Arizona Firewise Communities, http://cals.arizona.edu/firewise/.
Contact county/city fire authority for information on issues particular to your community.
Other cities and towns: www.azleague.org
Although there is no substitute for an on-site visit to the school to talk with principals and teachers, there is a significant
amount of information about Arizona’s schools on the Internet. Visit www.ade.state.az.us for more information. The ADRE
advises: “Call the school district serving the subdivision to determine whether nearby schools are accepting new students.
Some school districts, especially in the northwest part of the greater Phoenix area, have placed a cap on enrollment.
You may find that your children cannot attend the school nearest you and may even be transported to another community.”
City Profile Report
Information on demographics, finances and other factors drawn from an array of sources, such as U.S. Census Bureau,
Bureau of Labor, Internal Revenue Service, Federal Bureau of Investigation, and the National Oceanic and Atmospheric
OTHER METHODS TO OBTAIN INFORMATION ABOUT A PROPERTY
Talk to the Neighbors
Neighbors can provide a wealth of information. Buyers should always talk to the surrounding residents about the
neighborhood and the history of the property the buyer is considering for purchase.
Initials ________ / _________
Drive around the Neighborhood
Buyers should always drive around the neighborhood, preferably on different days at several different times of the day
and evening, to investigate the surrounding area.
FOR INFORMATION ABOUT ARIZONA GOVERNMENT
Links to state agencies, city and county websites: www.az.govMaps and information based on address (Geographic Infor-
mation System): www.az.gov/webapp/govinfo/main.do
FOR INFORMATION ABOUT FAIR HOUSING AND DISABILITY LAWS
The Fair Housing Act prohibits discrimination in the sale, rental, and financing of dwellings based on race, color, national
origin, religion, sex, familial status (including children under the age of 18 living with parents or legal custodians, pregnant
women, and people securing custody of children under the age of 18), and handicap (disability). Visit HUD’s Fair Housing/
Equal Opportunity website at www.hud.gov/groups/fairhousing.cfm. For information on the Americans with Disabilities Act,
visit www.usdoj.gov/crt/ada/adahom1.htm. For the Arizona Office for Americans with Disabilities, visit www.azada.gov.
FOR ADDITIONAL INFORMATION NATIONAL ASSOCIATION OF REALTORS®
(NAR): www.realtor.com NAR’s Ten Steps to Homeownership: http://finance.move.com/homefinance/guides/buyers/
default.asp?lnksrc=FINHPGDS002&poe=move&tran=vud Home Closing 101: www.homeclosing101.org/
ARIZONA DEPARTMENT OF REAL ESTATE
Arizona Department of Real Estate (ADRE) Consumer Information www.azre.gov/
Home Buyers’ and Renters’ Bill of Rights www.azre.gov/PUBLIC_INFO/Bill_Of_Rights/BILL_OF_RIGHTS.html
ARIZONA ASSOCIATION OF REALTORS®
Arizona Association of REALTORS® (AAR) Consumer Assistance www.aaronline.com Find a REALTOR®: www.aaronline.com/
Arizona Department of Real Estate
A Resource for real estate consumers
Provided by the
Arizona Association of REALTORS®
Buyer acknowledges receipt of all nine pages of this Advisory. Buyer further acknowledges that there may be other disclo-
sure issues of concern not listed in this Advisory. Buyer is responsible for making all necessary inquiries and consulting the ap-
propriate persons or entities prior to the purchase of any property.
The information in this Advisory is provided with the understanding that it is not intended as legal or other professional ser-
vices or advice. These materials have been prepared for general informational purposes only. The information and links con-
tained herein may not be updated or revised for accuracy. If you have any additional questions or need advice, please con-
tact your own lawyer or other professional representative.
Buyer’s Signature MO/DA/YR
Buyer’s Signature MO/DA/YR
Initials _________ / __________
WHAT IS LEAD-BASED PAINT?
Effects of Lead-Based Paint
Lead poisoning can cause permanent damage to the brain and many other organs and causes reduced
intelligence and behavioral problems. Lead can also cause abnormal fetal development in pregnant
To protect families from exposure to lead from paint, dust, and soil, Congress passed Title X directing
HUD and the EPA to disclose known information on lead-based paint and its hazards before the sale or
lease of most housing built before 1978.
What is Required
Before ratification of a contract for housing sale or lease:
• Sellers and landlords must disclose known lead-based paint and lead-based paint hazards and
provide available reports to buyers or renters.
• Sellers and landlords must give buyers and renters the pamphlet, developed by EPA, HUD, and
the Consumer Product Safety Commission (CPSC), titled Protect Your Family from Lead in Your
• Home buyers will get a 10-day period to conduct a lead-based paint inspection or risk
assessment at their own expense. The rule gives the two parties flexibility to negotiate key terms
of the evaluation.
• Sales contracts and leasing agreements must include certain notification and disclosure language.
Sellers and real estate agents share responsibility for ensuring compliance.
(Note: This rule does not require any testing or removal of lead-based paint by sellers or landlords. )
For More Information
For a copy of Protect Your Family from Lead in Your Home (in English or Spanish), call the National Lead
Information Clearinghouse (NLIC) at (800) 424–LEAD, or TDD (800) 526–5456 for the hearing impaired.
GUIDE TO ENVIRONMENTAL HAZARDS
Although it is unlikely that any home you purchase will contain substances that pose a health threat, it’s
important to ask the question, “Is this a safe, secure home, free from potential hazards?” In recent years,
new concerns have been raised regarding the natural environment, and substances such as radon gas and
asbestos have provoked new questions about how and where we build homes and manage their upkeep.
What is Radon & Where is it Found?
Radon is a colorless, odorless, tasteless gas that occurs worldwide in the environment as a byproduct of
the natural decay of uranium present in the earth. Hence, radon that is present in surrounding soil or in
well water can be a source of radon in a home.
Entering through small spaces and openings, such as cracks in concrete, floor drains, sump pump openings,
wall/floor joints in basements, and the pores in hollow block walls, it can also can seep into ground water
and remain entrapped there.
Therefore, if a home is supplied with water taken from a ground water source (such as a well), there is
greater potential for a radon problem. The likelihood of radon in the water supply is greatly reduced for
homes supplied with water from a municipal water supply.
Because testing is the only way to know whether a home has a radon problem, if you are buying a home,
the EPA recommends:
• Having it tested for radon.
• Knowing its indoor radon levels, and asking the seller for their radon test results.
• If the home has a radon-reduction system, ask the seller for all information regarding the compo-
• For a new home, asking if radon-resistant construction features were used and if the home has
For further information on this environmental hazard, contact your local Radon Office.
State Radon Offices- Arizona
(602) 255- 4845
RESIDENTIAL POOL SAFETY
To educate residential pool owners on proper pool safety and the legal requirements of pool ownership, the
Arizona State Legislature has passed A.R.S. § 36-1681 to prevent children from gaining unsupervised access to
residential swimming pools.
Pool Enclosesure Requirements
A.R.S. § 36-1681 requires that all residential swimming pools are enclosed by a barrier. Unless a local code**
provides otherwise, the barrier must:
• Entirely enclose the pool area & be at least 5 feet high
• Not have openings, handholds, or footholds that can be used to climb the barrier
• Have no openings through which an object 4 inches in diameter can pass
• Be at least 20 inches from the water’s edge & prevent direct access from the house to the pool.
If the wall of the residence forms part of the pool enclosure, there must be:
• A barrier at least 4 feet high between the residence and the pool
• A motorized safety pool cover that requires a key switch and meets the ASTM standards in
• Self-latching devices on all doors with direct access to the pool, and self-latching devices at least 54
inches above the floor on all emergency or rescue windows with direct access to the pool
• For all other open able windows with access to the pool or pool area: screwed in place wire
mesh screens or a keyed lock that prevent opening a window more than 4 inch, or self-latching
devices at least 54 inches above the floor.
A.R.S. § 36-1681(B)(3) requires that all gates for the pool enclosure be: self-closing & open outward from the
pool. The latches must be located at least 54 inches above the ground, or if on the pool side with a release
• Located at least 5 inches below the top of the gate & so that no opening greater than ½ inch is
within 24 inches of the release mechanism
• Secured at any height if secured by a padlock or similar device that requires a key, electronic
opener, or integral combination.
Above Ground Pools
A.R.S. § 36-1681 (C)(4) requires that the exterior sides of an aboveground pool are non-climbable and a
minimum of 4 feet high. Any access ladder or steps must be secured and locked or removed when the
pool is not in use.
5. ESCROW & TITLE
a. What is Escrow?
b. Opening Escrow
c. Closing Costs
d. What Do I Pay For?
e. Closing the Deal
f. Closing Escrow
g. What to Expect at Closing
h. Life of an Escrow
i. Title Insurance
j. What You Don’t Know Can Hurt You
k. It Can Happen
l. Holding Title
m. Owner Policy Comparisons
WHAT IS ESCROW?
Webster’s vest pocket dictionary defines ESCROW as:
“Deposit to be delivered upon fulfillment of a condition.”
As an escrow holder, Lawyers Title’s duty is to act as the neutral third party. We hold all
documents and all funds, pursuant to the purchase contract and escrow instructions, until all
terms have been met and the property is in insurable condition; then, we make the final
exchange. We do not work for the seller or for the buyer; however, we are employed by
ALL parties and act only upon MUTUAL WRITTEN INSTRUCTION.
“Opening Escrow” occurs when your REALTOR® brings in a contract with your earnest
money deposit. The escrow officer needs to have all signatures on the purchase contract and
related documents. We will accept the contract with final signatures of a party to be forth-
coming. We will make arrangements to get signatures if a REALTOR® is unable to
Your escrow officer reviews the contract, receipts in the earnest money, orders the Commit-
ment for Title Insurance, and prepares the documents required to close escrow. All of the
documents are double checked by your escrow officer; however, it is the final responsibility of
your REALTOR® to review the documents, explain them to you, and make any necessary
changes or submit approval.
We do our best to understand the contract as presented, to take all calls or return them
promptly, and to send out documents in a timely manner. During the last few days of the
month we are extremely busy closing escrows already in progress; therefore, sometimes we
are not quite as responsive . . . but your transaction is important to us and we will get back
to you as soon as possible.
Any questions pertaining to loan fees and charges should be directed to your loan officer. Your
Escrow Officer will review and explain your settlement statement at closing. The following is
designed to help you understand some of the costs associated with closing and to show you cost
saving policies offered through Magnus Title Agency.
SOME TYPICAL CLOSING COSTS
TITLE INSURANCE PREMIUM
Fee paid by an individual to insure the
buyer has a marketable title and the lender
is in lien position.
REAL ESTATE COMMISSION
Fee paid to real estate broker for services
rendered in listing, showing, selling, and
consummating the transfer of property.
Fee charged by the lender to allow a new
purchaser to assume the existing
loan. Recording fees are assessed by
the County Recorder’s Office to record
document of a real estate transaction.
Fees charged by a lender in connection
with the processing of a new loan. These
may include points, origination fee, credit
report, appraisal, etc.
Fees charged by an escrow agent for
services rendered in preparing documents
and collecting/disbursing funds necessary
to consummate a real estate transaction.
ADDITIONAL SETTLEMENT CHARGES
Taxes, insurance, impounds and interest
prorations, termite inspection fee, home
warranty, Homeowners Association transfer, etc.
WHAT DO I PAY FOR?
YOUR CUSTOMARY GUIDE TO CLOSING COSTS
• Owners Title Insurance Policy • Lenders Title Insurance Policy
• Real Estate Commission • 1/2 Escrow Fee (except on VA)
• 1/2 Escrow Fee • Recording Charges for Deed and New
Loan Security Instruments
• Escrow Fee for New VA Loan
• 1/2 Homeowners Association
• Payoff Loans of Record and Transfer Fees
• All New Loan Charges, except those
• 1/2 Homeowners Association required of the seller, including Interest
Transfer Fees from day of funding to first of next month
• Homeowner Association Inspection Fee • Termite Inspection
• Home Warranty • 1/2 Assumption/Charge Records
• Judgment Lien(s), Tax Lien(s), etc. • Fees for Assumptions
• Recording Charges to Clear Title • Prorations for Prepaid Items
• 1/2 Assumption/Change Records Fees • Next Association Dues, Mortgage Pay-
for Assumptions ment, etc.
• Prorations for Unpaid Items • Settlement Charges including Property
Insurance (fire and extended coverage)
• Unpaid Associations Dues, Mortgage
Payments, Accrued Property Taxes, etc. • 14 Months of Property Insurance
• Appraisal Fee: By Agreement
Various fees charged by a lender for a new loan may be negotiated unless mandated by government regulations.
Please check with your REALTOR® and/or loan officer for clarification.
CLOSING THE DEAL
One Step Closer to Ownership
Also called "settlement" or "escrow," the closing process is Prior to closing, make sure the following
the official transfer of ownership from seller to buyer. At this things are in place:
stage (except for cases of fraud) all seller commitments end,
and the property legally becomes the responsibility of the pur- • Most lenders require homeowner’s
chaser. insurance, so be ready to verify you’ve
Involving the release of a deed, the signing of notes, and the
disbursement of funds necessary to complete the sale, settle- • The day before closing, you’ll want a
ment is a synchronized effort of many groups. An impartial final walk-through of the property.
Carefully inspect the premises and
third party is entrusted with the job of seeing that the
make certain all repairs and contract
transfer of ownership takes place according to the terms of
conditions are satisfied.
the written contract, then the closing agent holds any funds or
documents until all the details have been settled and disburses • Review the “Uniform Settlement
them to the proper parties. Statement” prepared by your title
company itemizing the costs of all
Opening escrow simply involves visiting the office that handles services you must pay at closing,
closings, then handing over the deposit money and giving then…..
instructions for the transaction. Customarily, each party
completes their papers separately, which typically takes one to Be prepared to provide a cashier’s or
two hours. certified check for your share of
expenses on closing day.
When setting the closing date, some things to consider are:
• Plan it near the end of your lease to prevent paying
• Does the time of year pose any tax implications?
• Give yourself enough time to move
How much will the closing costs be?
Generally, your closing costs, which include title searches, government taxes, notary fees, loan fees,
escrow fees, recording fees, reconveyance fees, prorations and sales commissions, will range between 4
and 5 percent of your purchase price.
Your escrow officer will call you to make an appointment for you to sign your lender’s
package as well as your deed, affidavit, and all other required documents. You should allow
a minimum of 60 minutes for this process. If you would like, ask your REALTOR® and/or
your loan officer to be present in case you should have questions.
Bring the following items to your appointment.
• Identification.You must have a photo ID, which can be in the form of
a current driver’s license or a current passport, and one other form
of identification. Identification must be presented in order for your
signatures to be notarized.
• Good Funds. Please plan ahead so that the necessary funds will be
available at the time of closing.Your escrow officer will prepare a
pre-audit for you prior to your signing, which will indicate the amount
of funds required by you to close. The law requires us to have Good
Funds, which consist of a Cashier’s Check or Certified Check drawn
on an Arizona banking or savings institution or a Wire Transfer.
• Insurance. Proof of homeowner’s insurance on the property must be
provided for your lender. Bring in the name, company, address, and
phone number of your insurance agent.
If a new loan is being obtained, generally the signed loan package must be returned to the
lender for review and subsequent funding of the loan. Upon the escrow holder’s receipt of
all GOOD FUNDS, including but not limited to the buyer’s closing funds, loan proceeds,
and fulfillment of conditions and contingencies, the documents are then released for
RECORDATION. Upon confirmation of recordation, all funds are disbursed and closing
packages provided to all parties.
LIFE OF AN ESCROW
1. Opening the Escrow- Items needed to Open Escrow
▪ Fully executed Purchase Contract
▪ Earnest money check
▪ Copy of listing
▪ New lender information
▪ Existing loan payoff/assumption information
▪ Cost estimate sheet
2. Processing the Escrow
▪ Escrow deposits earnest money check
▪ Escrow orders Preliminary Title Report from Title Department
▪ Escrow requests payoff or assumption information, homeowner’s association information, etc.
3. Title Examination
▪ Property is searched
▪ Property and parties are researched by the Title Examiner
▪ Preliminary Title Report is typed and sent to Escrow Officer, Agents, Sellers & Buyer
4. Escrow Closing Preparation
▪ Preliminary Title Report received by Escrow Officer and is reviewed for any surprises, I.e. tax liens,
judgments, unknown liens of record, discrepancies in legal description, delinquent taxes, access
▪ Escrow advises Agents if additional information is needed to clear any surprises revealed by the
Preliminary Title Report
▪ Escrow prepares for closing
▪ Escrow follows-up on receipt of the following if needed, per Purchase Contract:
-Termite Report -Home Protection Plan
-Buyer’s Hazard Insurance -New Loan Package
-Payoff Information -Assumption Information
-Repair Bills -Warranties
▪ Time for closing– loan documents are received and Escrow Officer ‘works’ the file to reflect
closing and advises agents of funds (if any) that are needed for closing
▪ Closing appointment times are set for Seller and Buyer with Escrow Officer
▪ Advise all parties executing document to bring a valid government issued picture, I.e. license, passport,
▪ Advise Buyer to bring in a cashier’s check or wired funds for closing
▪ Advise seller that pursuant to the Purchase Contract, they shall supply escrow with their Social
LIFE OF AN ESCROW
5. Execution of Documents
▪ Buyer & Seller meet with Escrow Officer and execute all documents
6. Lenders Funds
▪ After all parties have executed the necessary documents, escrow returns loan package to new
lender for review and funding
▪ Lender funds the loan and lenders check or wired funds are sent to escrow for processing
▪ After escrow receives all funds needed and have ascertained that all funds are ‘Collected”,
original documents are sent to the Recorder’s office for recordation
▪ Once documents are recorded, escrow notifies Agents
8. Disbursement of Funds
▪ All Disbursements are made in accordance with the Settlement Statement
9. Policies Issued
▪ Purchaser receives Owner’s Title Insurance Policy
▪ New Lender receives ALTA Loan Policy
WHAT IS TITLE INSURANCE?
DEFINITION: A contract where by the Insurer for valuable consideration agrees to
indemnify the Insured in a specified amount against loss through defect of title to real estate
wherein the latter has an interest either as a purchaser or otherwise.
PURPOSE: Title Insurance services are designed to afford real property owners, lenders,
and others with interest in real estate, the maximum degree of protection from adverse title
claims or risks. The financial assurance offered by a Title Insurance Policy from the Title
Company is, of course, the primary aspect of title protection. The Policy affords protection
both in satisfying valid claims against the title as insured and in defraying the expenses
incurred in defending such claims.
THE TITLE SEARCH
Title companies work to eliminate risks by performing a search of the public records or
through the title company’s own plant. The search consists of public records, laws and court
decisions pertaining to the property to determine the current recorded ownership, any
recorded liens or encumbrances or any other matters of record which could affect the title
to the property. When a title search is complete, The Title Company issues a Commitment
for Title Insurance (pre-lim) detailing the current status of title.
WHEN YOU BUY REAL ESTATE
WHAT YOU DON’T KNOW CAN HURT YOU!
When you buy an ordinary article like a coat, a radio, or a watch, you do not need
to know whether the former owner is married, single, or divorced. You may buy stocks or
bonds without caring whether the seller has a tax bill due.
You may buy an automobile without worrying about whether there are any suits or
judgments against the owner. But when you buy real estate, all of these things and many,
many others can cause you untold trouble.
WHY IS BUYING REAL ESTATE DIFFERENT?
No other property has a useful life that compares with the life of land. Owners die, new
ones succeed, but land goes on forever. Owners of goods may change their location at will,
but land is immovable.
Being both permanent and immovable, land lends itself to the absorption of innumerable
rights. Over the ages, this so impressed lawyers and jurists that they formed a separate
body of laws for land. These laws, creating many types of rights in land, are so numerous
and so complex that it is impossible in the very nature of things for there to be a
mathematical certainly of ownership.
For example, every lawyer is aware that there may be hidden defects in titles to land of
which they cannot take cognizance in their opinion: defects arising from fraud, forgery,
insufficiency of deeds, persons of unsound mind, demands of missing heirs, widow’s/
widower’s dower, rights of divorced persons, rights of a child born after the making of a
will, and many other circumstances that are liable to cause serious financial loss to the buyer
of real estate.
IT CAN HAPPEN!!!
Tom Rowe was amazed to learn that his title examiner had missed a substantial sum in old
taxes which had to be paid.
Sam White had to move his garage because it was partly built on his neighbor’s property.
The surveyor had made a mistake.
Bob Smith saw a small fortune spent defending the title to his home when a man who only
thought he had a better title carried his fight to the Supreme Court.
Art Green was shocked to hear that there was an old mortgage outstanding on his home.
A clerk had indexed it improperly.
Fred Page handed over a substantial check because the man from whom he bought his
home said he was single; however, when he died, it was discovered he was secretly married.
THE SECURITY OF YOUR HOME IS NO BETTER
THAN THE TITLE TO THE PROPERTY.
There are many title troubles that can arise to cause the loss of your home . . . or your
business property . . . or your mortgage investment.
Title troubles not disclosed by the most careful search of the public records — called
hidden hazards — are most dangerous. Because of them, your abstract may be perfect, but
your title worthless.
Owner’s title insurance protects you as well as your heirs from financial loss caused by title
troubles. And the title insurer, without expense to you, will defend you against any attack
on the title to your property as
The ONE-TIME premium is small.
The protection is GREAT!
OWNER’S POLICY COMPARISONS
Extra 40-50% Charge & Survey Requirement
1. Someone else owns a recorded interest in your title.
2 A document is not properly signed, sealed, acknowledged or
ALTA Extended Coverage
3. Forgery, fraud, duress, incompetency, incapacity or impersonation.
4. Defective recording of any document.
ALTA Residential (existing 1-4 SFR)
5. Unmarketability of title.
6. Lack of a right of access to and from the land.
7. Mechanic’s lien protection for work or materials done prior to the
policy date except where the insured has agreed to same.
8. Unrecorded liens by the homeowner’s association.
ALTA Homeowner’s (existing 1-4 SFR)
9. Others have the rights arising out of leases, contracts, or options.
10. Someone else has an easement on your land.
Extra 10% Charge
11. Forced removal of the residential structure because it extends onto
other land or on any easements or it violates a restriction shown in
Schedule B, or an existing zoning law.
12. Plain understandable policy language.
13. Automatic inflation coverage increasing policy amount up to 150%.
14. Building permit/zoning violations by prior owners.
15. Subdivision Map Act Coverage.
16. Restrictive covenant violations by prior owners.
17. Enhanced access coverage.
18. Map inconsistency protection.
19. Mineral extraction structure damage.
20. Post policy encroachment.
21. Post policy forgery.
22. Living trust coverage.
23. Forced removal of existing structures including boundary walls and
fences due to encroachment onto adjoining land.
24. Supplemental real estate taxes by a taxing authority for taxes not
previously assessed prior to date of policy because of construction
or a change in ownership occurring before policy date.
Please note that the above coverages are subject to specific expectations to Title, Exclusions and the Conditions
and Stipulations as set forth in each policy form. Special conditions and deductibles apply for certain
coverages in the ALTA Homeowner’s policy. Policy coverage is subject to change without notice,
except as required by the Arizona Department of Insurance.
6. MOVING TIPS
a. Helpful Hints for Moving
b. 6 Week Checklist for a Good Move
c. Final Steps to Ownership
d. Important Phone #’s
f. Phoenix Information
g. Glossary of Terms
HELPFUL HINTS FOR MOVING
The following is a list of items that will help you in preparation of your moving day!
⇒ Defrost and empty refrigerator
⇒ Have adequate funds available for the move (cash and checks)
⇒ Prepare transportation for pets and children
⇒ Notify post office of forwarding address (forms are available at the post office).
⇒ Notify your bank
⇒ Inform all subscriptions/magazines
⇒ Notify all credit card companies
With the following utilities make sure to check for refund once all utility companies have been notified of
moving date at the old residence. After this has been done, notify utility companies at new residence.
⇒ Garbage Pickup
Obtain the following records before your move date.
⇒ Medical Records
⇒ Dental Records
⇒ Veterinary Records
⇒ School Transcripts
Register the following items before your move date
⇒ Register to vote
⇒ Register children for school
⇒ Register vehicle
⇒ Apply for new drivers license (address change can be done online)
SIX-WEEK CHECKLIST FOR A GOOD MOVE
6 WEEKS BEFORE MOVE: MOVE:
• If you’re planning a garage sale, set a date.
• If you have children, arrange to transfer school records.
• Discover schools in your new community (Visit: www.theschoolreport.com on
• Notify insurance companies of your move.
• Start a “Move File” for all receipts, papers and estimates related to your move.
4 WEEKS BEFORE MOVE: MOVE:
• Choose a van line/rental truck company you will use and give them tentative
pick-up/deliver dates. The kitchen is the most important room in your house.
Make it bright and attractive. If dull, paint cabinets and put up lively curtains.
• If you are moving to a new city, be sure and ask your attorney, doctor and other
providers for referrals and any necessary records.
• If you have pets, schedule a check-up and be sure to get a copy of their records
from the veterinarian.
• Set schedules with real estate agents and/or landlords.
• Arrange to have your mail forwarded to your new home and inform creditors
of your new address.
2 WEEKS BEFORE MOVE: MOVE:
• Schedule disconnect date with your local utility company, cable company, and
• Notify new utility company, cable company and phone company of connect
dates for the your new home.
• If you have a lawnmower or any other power equipment, drain them of oil and
gasoline. Moving companies will not move if they are full.
• Cancel newspaper delivery and trash pickup effective
on your move date.
SIX-WEEK CHECKLIST FOR A GOOD MOVE
1 WEEK BEFORE MOVE: MOVE:
• Clean out refrigerator and defrost freezer.
• Have your car serviced if you will be driving a long distance.
• Confirm connect dates for utilities, cable service, and phone service in your
• Transfer or close your checking account.
• Be sure to get all items from your safe or deposit box.
• Pack a survival kit with basic tools, bathroom essentials, kitchen essentials, eye-
glasses, address book, checkbook, clock, change of clothes, and directions to
your new home.
PACKING FOR YOUR MOVE: MOVE:
• Bend from your knees and not from your back when trying to lift something.
• For large appliances, remove loose fittings and accessories and pack separately.
Tie down, tape or wedge all movable parts and doors.
• WRAP...anything you don’t want scratched or broken...with blankets, curtains,
sheets, plastic, or paper.
• LABEL...anything you wrap or place into a box.
• Plants help make home feel homey so don’t forget them. Store them in plastic
bags with holes punched for air. Check agriculture regulations on moving plants
or trees out of your area and into your new area.
• Moving can be overwhelming for your pet. Remember to help make the move
calm and comfortable for your pet too!
• Spend the entire day at home with the movers.
• Carry any valuables or family heirlooms with you.
• Specify a “DO NOT MOVE” area where you place items you do not want the
movers to take with them.
• Right before the movers leave, take a final tour of your home, making sure
nothing has been left in drawers or closets and that all
doors and windows are locked.
• Plan on spending entire day at house with movers. Don’t leave until movers
• Record all utility meter readings (gas, electric, water).
• Stay with moving van driver oversee inventory of goods.
• Give moving van driver directions to new home and numbers where you can
be reached prior to delivery.
• Get routing information from moving van driver.
• Review carefully and sign bill of lading and inventory, and keep your copy in a
safe place until all charges have been paid and all claims (if any) have been
• Make final walk-through of house, including basement, attic and closets, to
make sure it’s empty.
FINAL STEP…. OWNERSHIP
Congratulations! Now that you’ve looked at properties, made an offer, obtained financing, and gone to closing,
the home is officially yours. Yet, you’re probably wondering, “Is there any more to the homebuying process? “
First, the settlement papers you received at closing are extremely valuable, so hold on to them! In the short-
term they can help establish tax deductions for the year in which the property was purchased, and in the fu-
ture, if the property is sold, such papers will be important for tax purposes.
Next, determine the status of the property utilities such as water, sewage, gas, electric and
telecommunications. As of closing, you will want utility bills to be paid in full by the owners so without delay
they can be transferred to your name for billing. Listed below are the areas major utility and service suppliers.
Cox Communications (602) 277-1000
• Phone- Qwest Communications. 1-800-244-1111
• Motor Vehicle Division (602) 255-0072
• Solid Waste Management Department (Recycling) (623) 974-4791 (480) 373-0062
SRP, Salt River Project (602) 236-8888
APS, Arizona Public Service (602) 371-7171
• City of Phoenix Water (602) 262-6251
• Southwest Gas Corporation (602) 861-1999
• The Arizona Republic (602) 444-1000
• Voter registration (602) 506-1511
Finally, make sure you change your address with the United States Postal Service. Should you want to
avoid a trip to your local station, you can access their Mover’s Guide online at http://www.usps.com/
Ask the seller for the property’s equipment information; i.e. instruction booklet for the washing
machine; information on how that timer-light above the front door works; how you re-code the
automatic garage door opener; how-to manuals for the refrigerator and the food disposal.
IMPORTANT PHONE NUMBERS
UTILITIES FIRE DEPARMENT
(APS) Arizona Public Service - 602-371-7171 Apache Junction - 480-982-4440 CONSUMER SERVICES
(SRP) Salt River Project - 602-236-8888 Carefree - 480-488-3686 Better Business Bureau - 602-264-1721
Chandler - 480-782-2120 AZ Attorney General - 602-542-5763
GAS El Mirage - 623-583-6076 AZ Registrar of Contracts - 602-542-1525
Southwest Gas - 602-861-1999 Fountain Hills - 480-837-9820
Mesa Gas - 480-644-2221 Gilbert - 480-503-6300 TRANSPORTATION
Glendale - 623-931-5600 Bus Lines
WATER Litchfield Park - 480-945-6311 Super Shuttle - 602-244-9000
Apache Junction - 480-982-8002 Mesa - 480-644-2101 Phoenix Transit - 602-253-5000
Avondale - 623-932-2400 Paradise Valley - 480-997-3886 Dial-A-Ride - 602-253-4000
Buckeye - 623-386-2487 Peoria - 623-773-7440 Limousine
Carefree - 480-488-1471 Phoenix - 602-253-1191 Carey - 602-966-1955
Cave Creek - 480-488-1400 Queen Creek - 480-994-3886 Desert Rose - 623-780-0159
Chandler - 480-782-2280 Scottsdale - 480-945-6311 Scottsdale - 480-946-8446
El Mirage - 923-933-1228 Sun City - 623-974-2321 Starlite - 480-966-8294
Fountain Hills - 480-837-2003 Sun City West - 623-584-3500 Vincent - 480-348-9990
Gilbert - 480-503-6800 Surprise - 623-583-8225 Taxi Cab
Glendale - 623-930-3190 Tempe - 480-858-7230 AAA - 480-966-8294
Global Water - 520-568-4452 Youngtown - 623-974-3665 Courier - 602-232-2222
Goodyear - 623-932-3910 Yellow - 602-252-5252
Guadalupe - 480-730-3080
Litchfield Park - 623-935-5033
Mesa - 480-644-2221 POLICE DEPARTMENT LIBRARIES
Paradise Valley - 480-948-5410 Apache Junction - 480-982-8260 Apache Junction – 480-474-8555
Peoria - 623-773-7160 Carefree - 480-488-3686 Carefree – 480-488-3686
Phoenix - 602-262-6251 Chandler - 480-782-4130 Chandler – 480-782-2814
Queen Creek - 480-987-9887 El Mirage - 623-933-1341 El Mirage – 623-583-1030
Scottsdale - 480-312-2461 Fountain Hills - 480-343-8477 Fountain Hills – 480-837-9793
Surprise - 623-583-1000 Gilbert - 480-503-6500 Gilbert – 480-539-5100
Tempe - 480-350-8361 Glendale - 623-930-3000 Glendale – 623-930-3530
Litchfield Park - 480-343-8477 Litchfield Park – 623-935-4118
TELEPHONE Mesa - 480-644-2211 Mesa – 480-644-3100
Qwest - 1-800-244-1111 Paradise Valley - 480-948-7418 Peoria – 623-773-7555
Peoria - 623-773-8311 Phoenix – 602-262-6372
CABLE Phoenix - 602-262-5151 Queen Creek – 480-987-3600
Cox Communications - 602-277-1000 Queen Creek - 480-523-3611 Scottsdale – 480-312-7323
Scottsdale - 480-391-5000 Sun City – 623-974-2569
AUTOMOBILE INFORMATION Sun City - 623-256-1001 Surprise – 623-583-0626
Emissions Testing - 602-470-4646 Sun City West - 623-256-1001 Tempe – 480-350-5555
Motor Vehicle Division - 602-255-0072 Surprise - 623-583-1085 Youngtown – 623-974-3401
Tempe - 480-966-6211
DOG LICENSING - 602-506-7387 Youngtown - 623-974-3665
POST OFFICES, Valleywide - 1-800-275-8777
VOTER REGISTRATION - 602-506-1511
IMPORTANT PHONE NUMBERS
Arizona Heart Hospital Phoenix 1930 E Thomas 602-532-1000
Arizona State Hospital Phoenix 2500 E Van Buren 602-244-1331
Arrowhead Community Hospital & Medical Center Glendale 18701 N. 19th Ave 623-561-1000
Banner Good Samaritan Hospital & Medical Center Phoenix 1111 E McDowell Rd 602-239-2000
Barrow Neurological Institute Phoenix 350 W Thomas Rd 602-406-3000
Boswell Memorial Hospital Sun City 10401 W Thunderbird Blvd 623-977-7211
Del E Webb Memorial Hospital Phoenix 650 E Indian School Rd 602-277-5551
Carl T Hayden Veterans Affairs Medical Center Chandler 475 S Dobson Rd 480-963-4561
Chandler Regional hospital Sun City West 14502 W Meeker 623-214-4000
Del E Webb Memorial Hospital Mesa 1400 S Dobson Rd 480-835-3000
Desert Samaritan Medical Center Phoenix 19829 N 27th Ave 623-879-6100
John C Lincoln Hospital-Deer Valley Phoenix 250 E Dunlap Ave 602-943-2381
John C Lincoln Hospital-North Mountain Mesa 670 E Baywood Ave 480-854-5000
Maricopa Medical Center Phoenix 2601 E Roosevelt St 602-344-5011
Maryvale Hospital Medical Center Phoenix 5102 W Campbell Ave 623-848-5000
Mayo Clinic Hospital Phoenix 5777 E Mayo Blvd 480-515-6296
Mesa General Hospital Medical Center Mesa 515 N Mesa Dr 480-969-9111
Mesa Lutheran Hospital Mesa 525 W Brown Rd 480-834-1211
Paradise Valley Hospital Phoenix 3929 E Bell Rd 602-923-5000
Phoenix Baptist Hospital & Medical Center Phoenix 2000 W Bethany Home Rd 602-249-0212
Phoenix Children’s Hospital Phoenix 1919 E Thomas Rd 602-546-1000
Phoenix Indian Medical Center of Phoenix Phoenix 4212 N 16th St 602-263-1200
Phoenix Memorial Hospital Phoenix 1201 S 7th Ave 602-258-5111
Scottsdale Healthcare-Osborn Scottsdale 7400 E Osborn Rd 480-675-4000
Scottsdale Healthcare-Shea Scottsdale 9003 W Shea Blvd 480-860-3000
St Joseph’s Hospital Medical Center Phoenix 350 W Thomas Rd 602-406-3000
St Luke’s Medical Center Phoenix 1800 E Van Buren 602-251-8100
Tempe St Luke’s Hospital Tempe 1500 S Mill Ave 480-968-9411
Thunderbird Samaritan Medical Center Glendale 5555 W Thunderbird Rd 602-588-5555
Valley Lutheran Hospital Mesa 6644 E Baywood Ave 480-981-2000
500 Club @ Abode Dam Glendale 623-492-9500
Ahwatukee Country Club Phoenix 480-893-1161
Ahwatukee Lakes Golf Course Phoenix 480-893-3004
Alta Mesa Country Club Mesa 480-827-9411
Ancala Golf Club Scottsdale 480-391-2777
Anthem Golf & Country Club Anthem 623-742-6262
Apache Creek & Golf Course Apache Junction 480-982-2677
Apache Sun Golf Course Queen Creek 480-987-9065
Apache Wells Golf Club Mesa 480-830-4725
Arizona Biltmore CC Phoenix 602-955-9655
Arizona Country Club Phoenix 602-946-4565
Arizona Golf Resort Mesa 480-832-1661
Arizona Traditions Golf Club Sun City West 623-584-4000
Arrowhead Country Club Glendale 623-561-9625
Augusta Ranch Golf Club Mesa 480-354-1234
Belair Golf Club Glendale 602-978-0330
Bouganvilla Golf Course Laveen 602-237-4567
Briarwood Country Club Sun City West 623-584-5301
Casa Grande Municipal GC Casa Grande 520-836-9216
Cave Creek Golf Club Phoenix 602-866-8076
Chuparosa Golf Course Queen Creek 480-987-3633
Club Terravita Scottsdale 480-488-3456
Club West Golf Club Phoenix 602-460-4400
Coldwater Golf Club Avondale 623-932-9000
Continental Golf Club Scottsdale 480-941-1585
Coronado Golf Course Scottsdale 480-947-8364
Cottonfields Golf Club Phoenix 602-237-4567
Cottonwood Country Club Sun Lakes 480-894-9449
Coyote Lakes Golf Club Surprise 623-566-2323
Coyote Ridge Golf Course Peoria 623-972-1364
Cracker Jax Scottsdale 480-498-1700
Cypress Golf Course Scottsdale 480-946-5155
D.C. Ranch Golf Club Scottsdale 480-342-7200
Deer Valley Golf Course Sun City West 623-214-1101
Desert Canyon Golf Club Fountain Hills 480-837-1173
Desert Fairways Golf Course Casa Grande 520-723-4418
Desert Forest Golf Club Carefree 480-488-3527
Desert Highlands Golf Club Scottsdale 480-585-8521
Desert Mirage Golf Course Glendale 623-772-0110
Desert Mountain (Apache) Scottsdale 480-595-4090
Desert Mountain (Cochise) Scottsdale 480-488-1362
Desert Mountain (Geronimo) Scottsdale 480-488-1362
Desert Mountain (Renegade) Scottsdale 480-488-1971
Desert Mountain (Apache) Scottsdale 480-595-4090
Desert Mountain (Cochise) Scottsdale 480-488-1362
Desert Mountain (Geronimo) Scottsdale 480-488-1362
Desert Mountain (Renegade) Scottsdale 480-488-1791
Desert Sands Country Club Mesa 480-832-0210
Desert Springs Golf Course Surprise 623-546-7400
Desert Trail Golf Course Sun City West 623-825-0428
Dobson Ranch Golf Course Mesa 480-644-2291
Dove Valley Ranch Golf Club Cave Creek 480-488-0009
Dreamland Villa Golf Club Mesa 480-958-6591
Eagle Creek Golf Course Cave Creek 480-255-3245
Eagle Mountain Golf Club Fountain Hills 480-816-1234
Eagle’s Nest Country Club Goodyear 623-935-6750
Echo Mesa Golf Course Sun City West 623-584-0666
El Caro Golf Club Phoenix 602-995-2117
Encanto 18 Golf Course Phoenix 602-253-3963
Encanto 9 Golf Course Phoenix 602-262-6870
Estancia Golf Club Scottsdale 480-473-4415
Estrella Mountain Golf Course Goodyear 623-932-3714
Evergreen Golf Course Scottsdale 480-946-5155
Falcon Golf Club Goodyear 623-935-7800
Fiddlesticks Golf Learning Ctn. Tempe 480-940-3522
Fiesta Inn Golf Facility Tempe 480-967-1411
Fiesta Lakes Course Mesa 480-969-0377
Firerock Country Club Fountain Hills 480-836-8000
Foothills Golf Club Phoenix 480-460-4653
Fountain of the Sun Golf Course Mesa 480-986-3128
Francisco Grande Golf Club Casa Grande 800-237-4238
Gainey Ranch Golf Course Scottsdale 480-951-0022
Glen Lakes Golf Club Glendale 623-939-7541
Gold Canyon Golf Course Gold Canyon 480-982-9449
Golf Club at Johnson Ranch Queen Creek 480-987-9800
Golf Club at Tapatio Cliffs Phoenix 602-866-6356
Grandview Golf Course Sun City West 623-584-2998
Granite Falls Golf Course Sun City West 623-546-7575
Grayhawk Golf Glub Scottsdale 480-502-1800
Great Eagle Golf Course Surprise 623-584-6000
Hayden Golf Course Hayden 602-356-7801
Hillcrest Golf Course Sun City West 623-584-1500
Ironwood Country Club Chandler 480-895-0614
Karsten Golf Couse A.S.U. Tempe 480-921-8070
Ken McDonald Golf Course Tempe 480-350-5250
Kierland Golf Club Scottsdale 480-922-9283
Kokopelli Golf Club Gilbert 480-926-3589
Lakes at Westbrook Village Peoria 623-566-3439
Lakes East Golf Course Sun City 623-876-3023
Lakes West Golf Course Sun City 623-876-3020
Las Sendas Golf Club Mesa 480-396-4000
Legacy Golf Resort Phoenix 602-305-5500
Legend Trail Golf Club Scottsdale 480-488-7434
Legends at Arrowhead Glendale 623-561-2464
Leisure World Golf Course Mesa 480-832-0003
Links at Queen Creek Queen Creek 480-987-1910
Longbow Golf Club Mesa 480-807-5400
Marriot’s Camelback Golf Club Scottsdale 480-596-7050
Maryvale Golf Course Phoenix 602-846-4022
McCormick Ranch Golf Club Scottsdale 480-948-0260
Mesa Country Club Mesa 480-964-3514
Moon Valley Country Club Phoenix 602-942-1278
Mountain Brook Golf Course Apache Junction 480-671-1000
Mountain Shadows Golf Club Scottsdale 480-951-5427
Mountain View Golf Course Mesa 480-834-7191
Oakwood Golf Course Chandler 480-895-1159
Ocotillo Golf Course Chandler 480-917-6660
Orange Tree Golf Course Scottsdale 480-948-6100
Painted Mountain Golf Club Mesa 480-832-0156
Palm Valley Golf Course Goodyear 623-935-2500
Palmbrook Country Club Sun City 623-977-8383
Palo Verde Country Club Sun Lakes 480-895-0300
Palo Verde Golf Course Phoenix 602-249-9930
Papago Golf Course Phoenix 602-275-8428
Paradise Valley Country Club Paradise Valley 602-840-8100
Paradise Valley Park Golf Phoenix 602-992-7190
Pavilion Lakes Golf Course Scottsdale 480-948-3370
Pebblebrook Golf Course Sun City West 623-584-2401
Pepperwood Golf Course Tempe 480-831-9457
Phantom Horse Golf Course Phoenix 602-438-9000
Phoenician Golf Course Scottsdale 480-423-2449
Phoenix Country Club Phoenix 602-263-5208
Paradise Peak West Phoenix 480-515-2043
Pinnacle Peak Country Club Scottsdale 480-585-6992
Pointe Hilton @ Lookout Mt. Phoenix 602-866-6356
Pointe Hilton @ South Moutnain Phoenix 602-431-6480
Pueblo El Mirage Country Club El Mirage 623-583-0425
Quail Run Golf Course Sun City 623-876-3035
Queen Valley Country Club Apache Junction 520-463-2214
Ramada Golf Resort Scottsdale 480-948-3800
Ranch Del Rey Golf Course Queen Creek 480-987-9059
Rancho Manana Golf Course Cave Creek 480-488-0398
Raven GC At South Mountain Phoenix 602-243-3636
Red Mountain Ranch Country Club
Rio Solado Golf Course Tempe 480-990-1233
Rio Verde Country Club Rio Verde 480-471-9420
Riverview Golf Course Mesa 480-644-3515
Riverview Golf Course Sun City 623-876-3025
Road Haven Golf Course Apache Junction 480-982-4653
Rolling Hills Golf Course Tempe 480-350-5275
Royal Palms Golf Course Mesa 480-964-1709
Sanctuary Golf Course Scottsdale 480-502-8200
Scottsdale Country Club Scottsdale 480-948-6000
Scottsdale Golf Course Scottsdale 480-948-6911
Scottsdale Shadows Golf Course Scottsdale 480-945-1194
Shadow Mountain Golf Course Pearce 623-826-3412
Shalimar Golf Course Tempe 480-838-0488
Sheraton San Marcos Country Club Chandler 480-963-6655
Springfield Golf Resort Sun Lakes 480-895-5759
Stardust Golf Course Sun City West 623-584-2916
Stonecreek Golf Resort Phoenix 602-953-9110
Sun City Country Club Sun City 623-933-1353
Sun City Golf Courses Inc. Sun City 623-933-1321
Sun City North Golf Course Sun City 623-876-3010
Sun City South Golf Course Sun City 623-876-3015
Sun Lakes Country Club Sun Lakes 480-895-9274
Sun Village Golf Course Surprise 623-584-5774
Sunbird Golf Community Chandler 480-883-0820
Sunland Village Golf Club Mesa 480-832-3691
Sunridge Canyon Golf Club Fountain Hills 480-837-5100
Superstition Mountain Golf Club Apache Junction 520-983-3300
Superstition Springs Golf Club Mesa 480-985-5622
Sunland Village East Golf Course Mesa 480-986-4079
Talking Stick Golf Club Scottsdale 480-860-221
Tatum Ranch Golf Club Cave Creek 480-585-2399
Tempe Rolling Hills Golf Course Tempe 480-350-5275
Terra Grande Golf Course Casa Grande 520-723-9717
The Boulders Golf Club Carefree 480-488-9028
The Valley Golf Club Phoenix 602-952-9313
Thunderbird Country Club Phoenix 602-243-1262
Toka Sticks Golf Course Mesa 480-988-9405
Tonto Verde Golf Club Rio Verde 480-471-2710
TPC Scottsdale Desert Course Scottsdale 480-585-3939
TPC Scottsdale Stadium Course Scottsdale 480-585-3939
Trail Ridge Golf Course Sun City West 623-546-0858
Trilogy Golf Course Gilbert 480-988-0004
Troon Golf & Country Club Scottsdale 480-585-0540
Troon North Golf Club Scottsdale 480-585-5300
Union Hills Country Club Sun City 623-977-4281
Valley Club @ Royal Palms Inn Phoenix 602-480-6310
Van’s Driving Range Mesa 480-920-1350
Viewpoint R.V. Golf Resort Mesa 480-373-8715
Villa De Paz Country Club Phoenix 602-877-1171
Villa Monterey Country Club Scottsdale 480-990-7100
Vista Verde Golf Course Casa Grande 520-421-7121
Vista @ Westbrook Village Peoria 623-566-1633
Westbrook Village Country Club Peoria 623-933-0174
Wigwam Golf Resort Litchfield Park 623-935-9414
Wildfire Golf Club Phoenix 480-473-0205
Willowbrook Golf Course Sun City 623-876-3033
Willocreek Golf Course Sun City 623-876-3030
Western Skies Golf Club Gilbert 480-545-8542
US Airways Center-201 E Jefferson St Phoenix www.americawestarena.com 602-379-7800
Arizona Veterans Memorial Coliseum-1826 E Mcdowell Phoenix 602-258-6711
Chase Field-401 E Jefferson St Phoenix www.bankonepallpark.com 602-514-8400
Glendale Arena-6520 N 91st Ave www.glendalearenaaz.com 623-322-4695
Hohokam Park-1235 N Center St Mesa www.hohokamstadium.com 480-964-4467
Maryvale Baseball Park-3600 N 51st Ave www.baseballparks.com/Maryvale.htm 623-254-5500
Peoria Sports Complex-16101 N 83rd Ave Peoria www.peoriaaz.com/sportscomplex 623-878-4337
Phoenix Municipal Stadium-5999 E Van Buren www.baseballparks.com/PhoeMuni.htm 602-392-0217
Scottsdale Stadium-7408 E Osborn Rd Scottsdale www.scottsdaleaz.gov/stadium 480-990-2886
Sun Devil Stadium-ASU Tempe 480-965-8777
Surprise Stadium-15754 N Bullard Surprise 623-594-5600
ASU Athletic Ticket Office Tempe 480-965-2381
Tempe Diablo Stadium-2200 E Alameda Dr Tempe www.tempe.gov/diablostadium 602-438-9300
Firebird Intl. Raceway-I-10 & Maricopa Chandler www.firebirdraceway.com 602-268-0200
Manzanita Speedway-3417 West Broadway Rd Phoenix www.manzanitaspeedway.com 602-276-7575
Phoenix Intl Raceway-115th Ave Avondale www.phoenixintlraceway.com 623-252-3833
Arizona Diamondbacks-Chase Field www.arizona.diamondbacks.mlb.com 602-514-8400
Phoenix Suns-US Airways Center www.wnba.com/suns 602-379-2000
Phoenix Mercury 602-379-7878
Arizona Cardinals-ASU Stadium Tempe www.azcardinals.com 602-379-0102
Arizona Rattlers-US Airways Center www.azrattlers.com 602-379-2000
Fiesta Bowl-ASU Sun Devil Stadium www.tostitosfiestabowl.com 480-350-0911
Phoenix Greyhound Park-3801 E Washington St Phoenix www.phoenixgreyhoundpark.com 602-273-7181
Phoenix Coyotes-Glendale Arena www.phoenixcoyotes.com 480-473-5600
Turf Paradise Racecourse-19th Ave & Bell Rd www.turfparadise.com 602-273-7181
Anaheim Angels-Tempe Diablo Stadium www.anaheim.angels.mlb.com 480-350-5205
Chicago Cubs-Hohokam Park email@example.com 800-905-3315
Kansas City Royals-Surprise Stadium 623-594-3600
Milwaukee Brewers-MaryvaleBaseball Park 623-245-5500
Oakland Athletics-Phoenix Municipal Stadium 602-392-0074
San Diego Padres-Peoria Sports Complex 602-878-4337
San Francisco Giants-Scottsdale Stadium 800-225-2277
Seattle Mariners-Peoria Sports Complex 602-878-4337
Texas Rangers-Surprise Stadium 623-594-5600
GLOSSARY OF TERMS
ADDENDUM - Something added. A list or other material added to a document, letter,
contractual agreement, escrow instructions, etc. (See also: Amendment).
ADJUSTABLE MORTGAGE LOANS (AML'S) - Mortgage loans under which the interest
rate is periodically adjusted to more closely coincide with current rates. The amounts and times of
adjustment are agreed to at the inception of the loan. Also called: Adjustable Rate Loans,
Adjustable Rate Mortgages (ARM's), Flexible Rate Loans, Variable Rate Loans. (See also: Indexing,
AGENCY - Any relationship in which one party (agent) acts for or represents another (principal)
under the authority of the latter. Agency involving real property should be in writing, such as
listings, trusts, powers of attorney, etc.
AMENDMENT - A change, either to correct an error or to alter a part of an agreement without
changing the principal idea or essence.
AMORTIZED LOAN - A loan repaid in periodic (most commonly monthly) payments of
principal and interest. See also: Amortize, Interest Extra Note, Interest Included Note.
APPRAISAL - An opinion of value based upon a factual analysis. Legally, an estimation of value by
two disinterested persons of suitable qualifications
APPRECIATION - An increase in value to real property due to positive changes or the
elimination of negative elements in the surrounding area. Although not within the original meaning,
the word has been incorrectly used so often that it is now acceptable to describe an increase in
value for any reason, including inflation.
ASSESSED VALUE - Value place upon property for property tax purposes by the tax assessor.
BALLOON PAYMENT - The final payment (balance due) of a balloon note
CC&R'S (COVENANTS, CONDITIONS, AND RESTRICTIONS) - A term used in some
areas to describe the restrictive limitations which may be placed on property. In other areas,
simply called restrictions.
CHAIN OF TITLE - The chronological order of conveyancing of a parcel of land, from the
original owner (usually the government) to the present owner.
GLOSSARY OF TERMS
CLOSING - (1) In real estate sales, the final procedure in which documents are executed
and/or recorded, and the sale (or loan) is completed. (2) A selling term meaning the point
at which the client or customer is asked to agree to the sale or purchase and sign the
contract. (3) The final call in a metes and bounds legal description which "closes" the
boundaries of the property.
CLOSING COSTS - Expenses incidental to a sale of real estate, such as loan fees, title
fees, appraisal fees, etc.
CLOSING STATEMENT - The statement which lists the financial settlement between
buyer and seller, and also the costs each must pay. A separate statement for buyer and
seller is sometimes prepared.
CONDOMINIUM - A structure of two or more units, the interior space of which are
individually owned; the balance of the property (both land and building) is owned in
common by the owners of the individual units. The size of each unit is measured from the
interior surfaces (exclusive of paint or other finishes) of the exterior walls, floors, and
ceiling. The balance of the property is called the common area.
CONVENTIONAL LOAN - A mortgage or deed of trust not obtained under a
government insured program, (such as F.H.A. or V.A.).
COUNTER OFFER - An offer (instead of acceptance) in response to an offer. For
example: A offers to buy B's house for X dollars. B, in response, offers to sell to A at a
higher price. B's offer to A is a counter offer.
DEED - Actually, any one of many conveyancing or financing instruments, but generally a
conveyancing instrument, given to pass fee title to property upon sale
DEED OF TRUST - An instrument used in many states in place of a mortgage. Property
is transferred to a trustee by the borrower (trustor), in favor of the lender (beneficiary),
and reconveyed upon payment in full.
DEPRECIATION - (1) Decrease in value to real property improvements caused by
deterioration or obsolescence. (2) A loss in value as an accounting procedure to use as a
deduction for income tax purposes. (See specific types of depreciation).
DEPOSIT - (1) Money given by the buyer with an offer to purchase. Shows good faith.
Also called earnest money. (2) A natural accumulation of resources (oil, gold, etc.) which
may be commercially recovered and marketed.
GLOSSARY OF TERMS
DISCOUNT POINTS - The amount paid to increase the yield. Example: A borrower
receives a loan with an interest rate of seven percent but pays the lender three points in
advance. The points raise the annual percentage rate of the loan. The lender may then sell
the loan at less than face value and still make a profit. Each point equals one percent of the
face value of the loan.
EASEMENT - A right created by grant, reservation, agreement, prescription, or neces-
sary implication, which one has in the land of another. It is either for the benefit of land
(appurtenant), such as right to cross A to get to B, or "in gross", such as a public utility
ENCUMBRANCE, INCUMBRANCE - A claim, lien, charge, or liability attached to
and binding real property. Any right to, or interest in, land which may exist in one other
than the owner, but which will not prevent the transfer of fee title.
EQUITY - (1) A legal doctrine based on fairness, rather than strict interpretation of the
letter of the law. (2) The market value of real property, less the amount of existing liens.
(3) Any ownership investment (stocks, real estate, etc.) as opposed to investing as a
lender (bonds, mortgages, etc.).
ESCROW - Delivery of a deed by a grantor to a third party for delivery to the grantee
upon the happening of a contingent event. Modernly, in some states, all instruments neces-
sary to the sale (including funds) are delivered to a third (neutral) party, with instructions
as to their use.
ESCROW OFFICER - An escrow agent. In some states, one who has, through
experience and education, gained a certain degree of expertise in escrow matters.
FAIR MARKET VALUE - Price that probably would be negotiated between a willing
seller and willing buyer in a reasonable time. Usually arrived at by comparable sales in the
HAZARD INSURANCE - Real estate insurance protecting against loss caused by fire,
some natural causes, vandalism, etc., depending upon the terms of the policy.
F.H.A. (FEDERAL HOUSING ADMINISTRATION) - A federal agency which
insures first mortgages, enabling lenders to loan a very high percentage of the sale price.
GLOSSARY OF TERMS
IMPOUND ACCOUNT - Account held by a lender for payment of taxes, insurance, or
other periodic debts against real property. The mortgagor or trustor pays a portion of, for
example, the yearly taxes, with each monthly payment. The lender pays the tax bill from the
LEGAL DESCRIPTION - A method of geographically identifying a parcel of land, which is
acceptable in a court of law.
LIEN - An encumbrance against property for money, either voluntary or involuntary. All
liens are encumbrances but all encumbrances are not liens.
LOAN ORIGINATION FEE - A one time set up fee charged by the lender
MORTGAGE - (1) To hypothecate as security, real property for the payment of a debt.
The borrower (mortgagor) retains possession and use of the property. (2) The instrument
by which real estate is hypothecated as security for the repayment of a loan.
ORIGINATION FEE - A fee made by a lender for making a real estate loan. Usually a
percentage of the amount loaned, such as one percent
OWNER'S POLICY - Title insurance for the owner of property, rather than a lienholder.
PERSONAL PROPERTY - Any property which is not designated by law as real property
PITI (PRINCIPAL, INTEREST, TAXES AND INSURANCE) - Used to indicate what
is included in a monthly payment on real property. Principal, interest, taxes and insurance are
the four major portions of a usual monthly payment.
POINT - (1) One percent of the amount of the loan. (2) A commission paid for arranging a
POWER OF ATTORNEY - An authority by which one person (principal) enables
another (attorney in fact) to act for him. (1) General power - Authorizes sale, mortgaging,
etc. of all property of the principal. Invalid in some jurisdictions. (2) Special power - Specifies
property, buyers, price and terms. How specific it must be varies in each state.
PROMISSORY NOTE - A promise in writing, and executed by the maker, to pay a
specified amount during a limited time, or on demand, or at sight, to a named person, or on
order, or to bearer.
GLOSSARY OF TERMS
QUITCLAIM DEED - A deed operating as a release; intended to pass any title, interest, or
claim which the grantor may have in the property, but not containing any warranty of a valid
interest or title in the grantor.
RECORDATION - Filing instruments for public record (and notice) with a recorder (usually
a county official.
SEPTIC SYSTEM - A sewage system, whereby waste is drained through pipes and a tile field
into a septic tank. Found in areas where city or county sewers have not yet been installed.
SPECIAL ASSESSMENT - Lien assessed against real property by a public authority to pay
costs of public improvements (sidewalks, sewers, street lights, etc.), which directly benefits the
SUBDIVISION - Commonly, a division of a single parcel of land into smaller parcels (lots)
by filing a map describing the division, and obtaining approval by a governmental commission
(city or county). The exception is a condominium, which is sometimes called a "one lot
SURVEY - The measurement of the boundaries of a parcel of land, its area, and sometimes
TERMITES - Insects, similar to ants, which feed on wood, causing destruction to wooden
TERMITE INSPECTION - An inspection required in certain types of sales of property, to
determine if termites are present within a building
TITLE - The evidence one has o
—————————————————————-f right to possession of land.
TITLE INSURANCE - Insurance against loss resulting from defects of title to a specifically
described parcel of real property. Defects may run to the fee (chain of title) or to
WARRANTY DEED - A deed used in many states to convey fee title to real property.
Until the widespread use of title insurance, the warranties by the grantor were very important
to the grantee. When title insurance is purchased, the warranties become less important as a
practical means of recovery by the grantee for defective title.
a. Metropolitan Phoenix
b. School District Map
School Info 602-506-3866
Regional Schools 602-452-4700
Agua Fria Union 623-932-7000
Aguila Elem. 520-685-2222
Alhambra Elem 602-336-2920
Arlington Elem 623-386-2031
Avondale Elem 623-932-0840
Balsz Elem 602-275-4457
Buckeye Elem 623-286-3778
Cartwright Elem 623-691-4000
Cave Creek Unified 480-488-9816
Chandler Unified 480-812-7000
Creighton Elem 602-381-6000
Deer Valley Unified 623-581-7700
Dysart Unified 623-876-7000
Fountain Hills Unified 480-837-0690
Fowler Elem 623-907-2105
Gila Bend Unified 602-258-1445
Gilbert Unified 480-497-3300
Glendale Elem 623-842-8100
Glendale High 623-435-6000
Higley Elem 480-988-2571
Issac Elem 602-484-4700
Kyrene Elem 480-783-4000
Laveen Elem 602-237-9100
Liberty Elem 623-386-2094
Litchfield Elem 623-935-0000
Littleton Elem 623-936-3333
Madison Elem 602-664-7900
Mesa Public 602-472-0000
Mobile Elem 602-256-9633
Morristown Elem 623-388-2336
Murphy Elem 602-353-5000
Osborn Elem 623-707-2000
Paloma Elem 602-256-2428
Palo verde Elem 623-386-4461
Paradise Valley 602-867-5104
Pendergrast Elem 623-872-8484
Peoria Unified 623-486-6000
Phoenix Elem 602-257-3755
Phoenix Union 602-271-3100
Queen Creek Unified 480-987-9600
Riverside Elem 602-272-1339
Roosevelt Elem 602-243-4800
Ruth Fisher 623-386-5688
Scottsdale Unified 602-952-6100
Sentinel Elem 520-454-2474
Tempe Elem 480-730-7100
Tolleson Elem 623-247-4222
Union Elem 623-247-5744
Washington Elem 602-347-2600
Wickenburg Unified 520-684-5556
Wilson Elem 602-681-2200