Welcome to ASUlisings.com.  We help Students, Parents of Students, Faculty, as well as the Everyday Buyer purchase real estate in the Downtown Tempe and Arizona State University Area.  Our experience with this unique market is what has helped us personally create this website.  We hope that you will find it useful while exploring the many options that are in this area.  If you aren't familiar with the buying process here in Arizona we wrote an 8-part Guide you can find by clicking here.  Please take a moment to register with us here:
Buyer Registration
Seller Registration

Arizona Buying Process

Step 4 - Negotiating the Offer

Arizona is like the majority of states, in which it is not standard to involve a lawyer in a residential real estate transaction. We do advise that if you have any legal questions concerning the contract, other forms/documents involving the purchase of a home, or any other concerns that you do seek legal council.

Arizona sets the standard in the development of a clear, concise, and overall easy to understand real estate contract. Some buyers feel more comfortable getting familiar with the purchase contract early on in the buying process. If you wish to review a blank copy of the contract then please feel free to contact us so that we can send you one.

The following forms are typically required to be provided/signed by the buyer before submitting an offer:

  • Arizona Real Estate Purchase Agreement
  • LSR or Proof of Funds (explained in step 2)
  • Home Owners Association Addendum (if applicable)
  • Real Estate Agency Disclosure and Election
  • Signed acknowledgment of having received the Arizona Buyer Advisory (view here)
  • AS-IS Addendum (typical in bank owned and short sale transactions)
  • Short Sale Addendum (if applicable)
  • Various other disclosures/addendums when applicable

The Offer is written up on the 9-Page Purchase Contract and is then sent to the seller for their review. If the Seller decides to accept the offer as written they will sign the acceptance on p9 and the contract is then considered "executed."  The Seller may also choose to reject the contract or sign and return it to the buyer along with a counter offer. If they do counter the offer it is then up to the buyer to either accept, counter back, or cancel.  This process can go back and fourth several times.  If the offer does become "executed" at any point it is at that time that the "escrow period" then begins.  This also signals the beginning of the "inspection period," which is a standard 10-days in Arizona.  Both the "escrow" and "inspection" periods are further described as you continue on below.

We have recently adopted a new electronic signature technology known as DocuSign.  With DocuSign we are able to coordinate an entire real estate transaction without ever printing out a single document.  The best part for our clients is that they also don't have to worry about printing and faxing.  It is now possible to execute an entire purchase contract using just your email and the internet.  This has made things so much easier for ourselves and our clients, especially our long-distance clients who sometimes even purchase properties sight-unseen, which is a another type of transaction we also have of experience in.

We try diligently to stay ahead of the crowd when it comes to adapting in this ever changing.  We are constantly bring on new technology and acquiring new skills.  We have also written special sections for bank owned and short sale properties.

Please Go Here to Register with Us so that we can help you begin the process of finding the right home and purchasing it at a great price.

If you have any questions at all please don't hesitate to Contact Us.

Step 3 - Viewing Properties

Once we have worked together to narrow your search down to a particular area (or areas) and then further down to a set of properties, it is then time to start viewing homes.  We make sure that you not only get to view each property thoroughly but that you get a firm grasp on the area surrounding each home as well.  This way you can be sure the location is up to your standards and that it has all the amenities you desire.

Whenever possible we preview and/or research properties before we show them to our clients, especially if our clients are from out of town and are limited on time.  The day of showings we will provide you with full-color, in-depth, printed reports of the properties that we will be viewing. Once we have located some properties of interest to you, we then prepare a report on comparable properties, which includes information on other homes currently for sale in the area as well as recently sold properties.  This will allow you can get to an early understanding for how competitively, or non-competitively, the property is priced before you decide on an offer price.

Using our digital keys we have access to almost every property that you will see on our website, or anywhere else you might look, as long as it is in the MLS System.  Typically, if a home is being lived in then the current owner or occupant does not need to be there for us to gain access to the house.  Most of the time the current occupants are not there giving you the opportunity to give the home a very thorough review without anyone looking over your shoulder.

We have been able to show clients as many 25 homes in a single day.  It can be an exhausting experience but it always proves to be worth the effort once we walk into the right home.

Already have a property in mind that you would like to view?  -Or- do you want to get set up with detailed search results so that you can be on your way to viewing homes? All we need is a little bit of info, which you can easily provide on our Buyer Form by clicking here.  Also, feel free to Contact Us anytime with any questions about a particular property or any general questions that you might have. In Addition, remember, our services are FREE for all buyers.

Step 1 - Searching for the Perfect Arizona Property

We wrote this 8-part section to help take any confusion you may have out of the residential property buying process here in Arizona.  This website represents only a small part of the length we are willing to go to help you find the perfect home that meets your exact needs.  We  are experts in negotiating the best deal for you in both standard homeowner/seller and bank owned/foreclosure situations.  Our services are always absolutely free for buyers.  The best way to get started is to first take a moment to Register with Us by clicking this link.

As Professional REALTORS® we have full access to the Arizona Regional Multiple Listing Service. This allows us to search for homes using over 100 search criteria.  This includes geographic location, size, year built, room dimensions, types of rooms, specific community rules and regulations, just to name a few.

One of the many free services that we offer is a "Client Portal." This is virtually your own website, set up by us, that will store all the homes that meet your criteria. You are able to save homes as your “Favorites” or “Possibilities”, make notes on properties, and get rid of the ones you don’t like.  We are also able to log in and see what properties you are interested in and answer any questions you might have about the homes.  This is a great tool.  If you would like to get set up please complete our simple Buyer Form by clicking here.

We can't forget to mention the custom MLS map search tool that is available right on this website.  This puts you in complete control allowing you to save properties and to set up your own custom searches to have new properties emailed to you.  We keep up-to-date on all of the latest MLS search tools and feel that this is definitely the best one out there.  Look for it under "MLS Search" at the top of the screen or Click Here. 

Again, please keep in mind that our services are absolutely FREE to all Buyers.  If you have any questions please feel free to Contact Us at anytime via phone or email.

While you're planning your real estate purchase you may want to refer to the Arizona Department of Real Estate Buyer Advisory for much more specific information and pitfalls to watch out for during the process.  You can view that in PDF format by Clicking Here.

Step 2 - Research Financing Options 

Often times this is put well ahead of actually searching for a home. If you have not yet begun to look into the financing of your home then this will be the next step.

If you are planning to use lender financing when submitting an offer we are required to attach a standardized form known in Arizona. as an "LSR" or a "Loan Status Report."  This is essentially what is called "conditional loan approval" in most other states.  To view a copy of an LSR click here.

If you are planning to pay with CASH then we are required to attach a "Proof of Funds."  Typically a letter from a financially institution or an account statement showing that you have enough funds to cover the purchase price of the property is sufficient.

We work closely with lenders who have been in the business for several years. Whether you have purchased a home (or homes) in the past, are a first-time-home buyer, an investor we have knowledgeable people who can help.  We also know of some special programs that allow for parents to co-sign for their college student son/daughter so that they can get an early start on building great credit.

We would suggest that you interview at least a few different people within the mortgage profession so that you can learn about as many different programs and options as possible.  Rates are back down to record lows and that definitely can be used to your advantage in the purchase of you home.

We can provide you the contact information of several different Lenders. Please Contact Us or fill in the Buyer Form by click here and select, "Yes, Need to Be Prequalifed."

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