47834 N 15th Ave

WIRE FRAUD ADVISORY

Criminals are targeting social media and email to steal information. This is particularly common in real estate transactions because sensitive data, including social security numbers, bank account numbers, and wire instructions are often sent by electronic means. We do not want you to be the next victim of wire fraud. Money wired to a fraudulent account is stolen money that typically cannot be recovered. Additionally, there is generally no insurance for this loss. You may never get the money back.

PROTECT YOURSELF VERIFY AND NOTIFY

DO NOT TRUST EMAILS CONTAINING WIRE INSTRUCTIONS

• If you receive an email containing wire transfer instructions, immediately call your escrow officer to ensure the validity of the instructions.

DO NOT TRUST EMAILS SEEKING PERSONAL/FINANCIAL INFORMATION

• If you receive an email requesting personal/financial information or asking you to download, click on a link, send, and/or do anything that may seem unusual to you, call your escrow officer immediately prior to acting on the suspicious email to verify the validity of the email.

TRUST YOUR SOURCE OF INFORMATION

• Never direct, accept or allow anyone in the transaction to consent to receiving transfer instructions without a direct personal telephone call to the individual allegedly providing the instructions.

• It is imperative that this call be made to a number obtained in person from the individual or through other reliable means, not from a number provided in the email or the wiring instructions

ONLINE RESOURCES:

There are many online sources that can provide useful information regarding similar topics including, but not limited to, the following sites:

The Federal Bureau of Investigation @ https://www.fbi.gov/scams and safety

The Internet Crime Complaint Center @ www.ic3.gov

The National White Collar Crime Center @ http://www.nw3c.org/research

On Guard Online @ www.onguardonline.gov

Before you wire funds to any party (including your lawyer, title agent, mortgage broker, or real estate agent) personally meet them or call a verified telephone number (not the telephone number in the email) to confirm before you act!

Immediately notify your banking institution and Settlement/Title Company if you are a victim of wire fraud.

The undersigned acknowledges receipt of this Wire Fraud Advisory.

LIMITATION OF LIABILITY FOR INFORMATIONAL REPORTS

IMPORTANT -- PLEASE READ CAREFULLY:

This report is not an insured product or service or a representation of the condition of title to real property. It is not an abst ract, legal opinion, opinion of title, title insurance commitment or preliminary report, or any form of Title Insurance or Guaranty. This report is issued exclusively for the benefit of the Applicant therefor and may not be used or relied upon by any other person. This report may not be reproduced in any manner without First American or Title Security's prior written consent. First American or Title Security does not represent or warrant that the information herein is complete or free from error, and the information herein is provided without any warranties of any kind, as-is, and with all faults. As a material part of the consideration given in exchange for the issuance of this report, recipient agrees that First American or Title Security's sole liability for any loss or damage caused by an error or omission due to inaccurate information or negligence in preparing this report shall be limited to the fee charged for the report. Recipient accepts this report with this limitation and agrees that First American or Title Security would not have issued this report but for the limitation of liability described above. First American or Title Security makes no representation or warranty as to the legality or propriety of recipient's use of the information herein.

Subject Property

202-27-029

Data Provided By: First American Title Ins Co

Data Provided By:

First American Title Ins Co

Disclaimer

This REiSource report is provided "as is" without warranty of any kind, either express or implied, including without limitations any warrantees of merchantability or fitness for a particular purpose. There is no representation of warranty that this information is complete or free from error, and the provider does not assume, and expressly disclaims, any liability to any person or entity for loss or damage caused by errors or omissions in this REiSource report without a title insurance policy.

The information contained in the REiSource report is delivered from your Title Company, who reminds you that you have the right as a consumer to compare fees and serviced levels for Title, Escrow, and all other services associated with property ownership, and to select providers accordingly. Your home is the largest investment you will make in your lifetime and you should demand the very best.

Subject Property :   47834 N 15th Ave New River AZ 85087

Owner Information

Owner Name : Harkor Enterprises Llc

Mailing Address : 2232 W Lone Cactus Dr, Phoenix AZ 85027-2613 C052

Vesting Codes : / / Corporation

Owner Occupied Indicator : A

Location Information

Legal Description : N 210f Of W 208f Of Se4 Ne4 Sw4 Sec 30

County : Maricopa, Az

Census Tract / Block : 6100.01 / 1

Township-Range- Sect : 07N-03E-30

Owner Transfer Information

Recording/Sale Date : 07/11/2006 / 07/07/2006

Document # : 925927

Last Market Sale Information

Recording/Sale Date : 09/22/2004 / 08/00/2003

Sale Price : $88,000

Document # : 1107138

Title Company : Security Title Agency

Seller Name : Carefree Mountain Estates

Prior Sale Information

Prior Rec/Sale Date : 04/26/1990

Prior Sale Price : $65,000

Prior Doc Number : 183852

Property Information

Land Use : Residential (nec) Lot Size : 43,941

APN : 202-27-029

School District : Deer Valley 97

Neighbor Code : 08-008

Deed Type : Quit Claim Deed

Deed Type : Joint Tenancy Deed

Price Per SqFt : $2

Prior Deed Type : Deed (reg)

Prior Lender : No New Mtg

Zoning : RU-43 Water Type : Public Well

Lot Acres : 1.01

Sewer Type : Septic Tank

State Use : Vac-res-rural Non Subd

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company

Prepared On : 09/27/2022

Tax Information

Total Value : $37,100

Land Value : $37,100

Total Taxable Value : $2,111

Tax Year : 2021 Fire Dept Tax : 11577

Property Tax : $282.20

Tax Rate Area : 970001

Assessed Year : 2021 Market Value : $37,100

Current Assessed Year : 2023

Current Year Total Value : $8,055

Current Year Land Value : $8,055

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

Sales Analysis

Criteria

Sale

Price

Year

Stories

Total Assessed

From Subject

Subject Property Low High Average

$88,000 $85,000 $574,000 $251,333

$11 $11.46

$37,100 $38,400 $42,000 $40,800

Customer

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

CoreLogic.

Details of Comparables

Subject Property: 47834 N 15th Ave New River Az 85087

Owner Name: Harkor Enterprises Llc / APN / Alternate APN: 202-27-029 / Deed Type: Joint Tenancy Deed

Subdivision / Tract: / Lot Size: 43,941

Rec. Date / Price: 09/22/2004 / $88,000 Living Area:

Land Use: Residential (nec)

Year Built / Eff: /

# of units:

Document #: 1107138 Bedrooms: Pool:

Total Tax Value: $37,100 Bath(F/H): /

#1   48013 N 15th Ave New River Az 85087

Owner Name: Michael / APN / Alternate APN: 202-09-021-J / Deed Type: Warranty Deed

Subdivision / Tract: / Lot Size: 50,084

Land Use: Residential (nec)

Year Built / Eff: /

# of units: Document #: 538274 Bedrooms: Pool:

Rec. Date / Price: 06/29/2022 / $85,000 Living Area:

Total Tax Value: $42,000 Bath(F/H): /

#2   48019 N 15th Ave New River Az 85087

Owner Name: Tnt Real Estate Holdings Ll / APN / Alternate APN: 202-09-021-K / Deed Type: Warranty Deed

Subdivision / Tract: / Lot Size: 50,079

Land Use: Residential (nec)

Year Built / Eff: /

# of units: Document #: 313597 Bedrooms: Pool:

Rec. Date / Price: 04/08/2022 / $95,000 Living Area:

Total Tax Value: $42,000 Bath(F/H): /

#3   48111 N 15th Ave New River Az 85087

Owner Name: Malone Daniel E /Malone Kolleen M

APN / Alternate APN: 202-09-021-E / Deed Type: Warranty Deed

Subdivision / Tract: / Lot Size: 50,073

Land Use: Residential (nec)

Year Built / Eff: /

Rec. Date / Price: 11/05/2021 / $574,000 Living Area: # of units:

Document #: 1191855 Bedrooms: Pool:

Total Tax Value: $38,400 Bath(F/H): /

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company

Prepared On : 09/27/2022

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

2022 CoreLogic. All rights

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

CoreLogic.

and statistics on

schools please go

Public Schools :

Elementary Schools

New River Elementary School

Distance 2.75 Miles 48827 N Black Canyon Hwy Phoenix AZ 85087

Telephone : (623) 376-3500

Lowest Grade : Pre-K

School District : Deer Valley Unified District (4246)

Highest Grade : 6th

Kindergarten : Yes School Enrollment : Enrollment : 251 Total Expenditure/Student : 176

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

CoreLogic.

Local Business

Attractions / Recreation

Name Address

Telephone Distance (Miles)

Royal Racing Llc 48540 N Fig Springs Rd New River Az (602) 715-6070 0.61

Nrg Dance Academy Llc 48432 N 31st Ave New River Az (602) 790-0003 1.91

Kraus Investments Llc 44444 N Shangri La Ln Phoenix Az (623) 465-5959 2.07

Tbt Racing Arizona Corp. 1027 E Johnson Rd Phoenix Az (602) 617-1032 2.67

Banks / Financial

Name Address

Telephone Distance (Miles)

Lighthouse Mortgage Co. L.l.c. 2318 W Hazelhurst Dr Anthem Az (623) 551-1269 3.95

Marquee Mortgage Llc 41306 N Congressional Dr Phoenix Az (602) 228-4017 4.22

Total Funding Solutions 41317 N Laurel Valley Ct Anthem Az (623) 225-9552 4.24

Next Mortgage Llc 2157 W Valhalla Ct Anthem Az (602) 942-5626 4.37

Eating / Drinking

Name Address

Gavilan Restaurant, Llc

Telephone Distance (Miles)

49638 N 7th Ave New River Az (623) 465-9451 1.17

Aloe & Agave Racing 48812 N 25th Ave New River Az (480) 993-8920 1.21

Aunt Mel's Herbals 49014 N 24th Ave New River Az (623) 465-5875 1.28

Whole Lotta Hoopla Llc 48214 N 35th Ave New River Az (623) 465-9346 2.4

Health Care Services

Name Address

Telephone Distance (Miles)

Cactus Physical Thrpy Ltd Inc 49039 N 23rd Dr Phoenix Az (623) 546-6643 1.16

Tlc Health And Education Services, Inc. 2940 W Wander Rd New River Az (623) 221-4409 1.99

Marla Sample-ormes, Msn, Fnp-bc 2940 W Wander Rd New River Az (623) 221-4409 1.99

Transcendental Finishes, Llc 45519 N 10th St Phoenix Az (623) 465-2606 2.49

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

Hospitality

Name Address

Reilly's B&b For Dogs

Telephone Distance (Miles)

49025 N 26th Ave New River Az (602) 769-2294 1.46

Duck Bay Lodge 42920 N Challenger Trl Anthem Az (623) 853-3891 4.1

Fitzgerald Hospitality 42923 N Hudson Ct Anthem Az (480) 600-6728 4.25

Budget Buster 41814 N Emerald Lake Dr Anthem Az (623) 399-6871 4.43

Organizations / Associations

Name Address

Telephone Distance (Miles)

New River Bible Chapel Inc 47402 N 15th Ave Phoenix Az (623) 465-7760 0.19

New River First Assembly God 2924 W New River Rd Phoenix Az (623) 465-7455 1.73

The Church Of Jesus Christ Of Latterday Saints 44611 N New River Rd Phoenix Az (623) 465-7388 2.36

Connecting The Dots Ministries, Inc. 43717 N 11th Ave New River Az (623) 584-8856 2.64

Personal Services

Name Address Telephone Distance (Miles)

New Creation Mind Body & Soul Fitness Pllc

42027 N Harbour Town Ct Anthem Az (623) 879-3604 3.76

Ck Fitness Inc 3102 W Ravina Ln Anthem Az (623) 680-6023 4.14

Yourlocaljim Personal Training 3348 W Ravina Ln Anthem Az (623) 297-7955 4.26

Inner Harmony And Wellness, Llc 41013 N Congressional Dr Phoenix Az (480) 589-5890 4.41

Shopping

Name Address

Telephone Distance (Miles)

Cactus Corn Llc 49119 N 13th Ave Phoenix Az (623) 582-3744 0.81

Circle K Store 39414 W Daisy Mountain Dr New River Az (623) 551-1542 1.79

General Nutrition Center(gnc) 39508 W Daisy Mountain Dr New River Az (623) 551-0127 1.79

Danny Jackson 48315 N 30th Dr New River Az (602) 918-4499 1.84

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

47824 N 15TH LN

Owner Name : Estrella Nick

Sale Date : 03/27/2015

Total Value : $346,600

Bed / Bath : / 4

Land Use : Sfr

Distance 0.04 Miles

Recording Date : 04/30/2015

Sale Price  : $349,000

Property Tax : $3,041.70

Lot Acres : 1.10

Living Area : 2,619

Stories : 1 APN : 202-27-017-B

Yr Blt / Eff Yr Blt  : 2006 /

47918 N 15TH AVE

Owner Name : 47918 Llc

Total Value : $37,500

Distance 0.04 Miles

Property Tax : $296.26

Lot Acres : 1.02

Land Use : Residential Acreage APN : 202-27-011-X

48030 N 15TH AVE Distance 0.05 Miles

Owner Name : Towne George & Anne & Isenberg

Sale Date : 08/26/1983

Total Value : $41,900

Bed / Bath : / 2

Land Use : Residential (nec)

Yr Blt / Eff Yr Blt : 1976 /

Sale Price  : $86,500

Property Tax : $626.26

Lot Acres : 1.08

Living Area : 1,697

Stories : 1 APN : 202-27-031

47826 N 16TH AVE Distance 0.05 Miles

Owner Name : Harpur David M

Sale Date : 07/00/1999

Total Value : $260,300

Bed / Bath : / 3

Land Use : Sfr

Recording Date : 08/04/1999

Sale Price  : $42,000

Property Tax : $2,531.78

Lot Acres : 3.03

Living Area : 2,095

Stories : 1 APN : 202-27-018-R

Yr Blt / Eff Yr Blt  : 1985 /

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

47821

15TH LN

Owner Name : Byman Ryan

Sale Date : 02/22/2022

Total Value : $278,300

Bed / Bath : / 3

Land Use : Sfr

Distance 0.06 Miles

Recording Date : 02/28/2022

Sale Price  : $512,000

Property Tax : $2,139.70

Lot Acres : 1.00

Living Area : 1,950

Stories : 1 APN : 202-27-011-Q

1559 W GOLDEN ECHO DR Distance 0.06 Miles

Owner Name : Laino Vincent

Sale Date : 02/17/2010

Total Value : $278,800

Bed / Bath : / 3

Land Use : Sfr

Recording Date : 03/08/2010

Sale Price  : $187,000

Property Tax : $2,090.38

Lot Acres : 2.34

Living Area : 1,930

Stories : 1 APN : 202-27-018-V

47816 N 15TH LN Distance 0.08 Miles

Owner Name : Street William L

Sale Date : 06/01/2016

Total Value : $330,100

Bed / Bath : / 3

47910

Recording Date : 06/27/2016

Sale Price  : $350,000

Property Tax : $2,875.50

Lot Acres : 1.10

Land Use : Sfr Living Area : 2,425

Stories : 1 APN : 202-27-017-C

AVE Distance 0.08 Miles

Owner Name : Pfaff Bryce L & Kaycee G

Sale Date : 04/15/2022

Total Value : $52,800

Sale Price  : $240,000

Property Tax : $308.24

Lot Acres : 1.00

Land Use : Mobile Home Lot APN : 202-27-011-Y

Recording Date  : 04/19/2022

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company

Prepared On : 09/27/2022

48014 N 15TH AVE

Owner Name : Towne George & Anne & Isenberg

Total Value : $54,800

Land Use : Manufactured Home

Distance 0.08 Miles

Property Tax : $339.10

Lot Acres : 1.08

Living Area : 1,920

Stories : 1 APN : 202-27-030

Yr Blt / Eff Yr Blt  : 2007 / 2007

48040 N 15TH AVE

Owner Name : Cahoon Matthew C

Sale Date : 04/17/2017

Total Value : $208,700

Bed / Bath : / 1

Distance 0.09 Miles

Recording Date : 04/26/2017

Sale Price  : $290,000

Property Tax : $1,621.26

Lot Acres : 2.27

Land Use : Sfr Living Area : 1,602

Stories : 1 APN : 202-27-001-Z

Yr Blt / Eff Yr Blt  : 1962 /

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

Customer Name : Lisa Mrazek

Customer Company Name : First American Title Insurance Company Prepared On : 09/27/2022

CoreLogic.

No demographics data for selected property.

PARCEL:  202-27-029

202-27-029

INSTRUMENT REC DATE

2006 925927 07/11/2006

2232 W LONE CACTUS DR

PRIMARY  2,216

2022  TAX AMT TAX DUE

RATE

5.8600  970001  11577 30002

6.6475

277.14

DATE PAID

TOTAL DUE

FIRST HALF  138.57  138.57  0.00  138.57

SECOND HALF  138.57  138.57  0.00  138.57

TOTAL CURRENT TAXES DUE 09/22 277.14 10/22 277.14 (ESTIMATED)

We are providing the requested information without CC&Rs.

Unfortunately, we are unable to confirm CC&Rs at this time, possibly because:



The property is too complex to obtain CC&Rs without a complete title examination



The property is sectional, whereas there are no “standard” subdivision‐type restrictions



A recorded plat may not exist

The recorded plat may be older, with limited information available, or



 Recorded CC&Rs may not exist.

Once escrow is opened, the property will be thoroughly examined. CC&Rs and other matters that may “run with the land” will be disclosed in Schedule B of the Commitment for Title Insurance.

If you have questions, or need additional information at this time, please contact your First American or Title Security Account Manager or Escrow Officer.

Your Escrow Number

Your New Address

City/State/Zip

Real Estate Agent

First

Southwest Gas 1.877.860.6020 www.swgas.com Cox 602.277.1000 www.cox.com

Direct TV 1.888.777.2454 www.directv.com

Dish Network 1.800.823.4929 www.dishnetwork.com

CenturyLink 800.366.8201 www.centurylink.com AT&T 1.800.222.0300 www.att.com

Verizon 1.877.300.4498 www.connecttoverizon.com

Salt River Project 602.236.8888 www.srpnet.com APS 602.371.7171 www.aps.com

Count on First American Title

Welcome to the home-selling process. Throughout this process, you can count on First American Title to guide you smoothly through your transaction and provide expert answers to your questions. We are happy to serve you.

Count On Us For Service

First American Title’s professionals are proud to provide the title insurance that assures people’s home ownership. Backed by First American Title Insurance Company, your transaction will be expertly completed in accordance with state-specific underwriting standards and state and federal regulatory requirements.

Count On Us For Stability

First American Title is the principal subsidiary of First American Financial Corporation, and one of the largest suppliers of title insurance services in the nation. With roots dating back to 1889, we’ve served families for generations.

Count On Us For Convenience

First American Title has a direct office or agent near you, offering convenient locations throughout Arizona. We also have an extensive network of offices and agents throughout the United States, and internationally.

Count On Us To Meet Your Needs

First American Financial Corporation offers more than title insurance and escrow services through its subsidiaries. Our subsidiaries also provide property data, title plant records and images, home warranties, property and casualty insurance, and banking, trust and advisory services.

Benefits of using a Professional REALTOR ®

Before you make the decision to try to sell your home alone, consider the benefits a REALTOR ® can provide that you may not be aware of.

A REALTOR ® :

› Understands market conditions and has access to information not available to the average homeowner.

› Can advertise effectively for the best results.

› Knows how to price your home realistically, to give you the highest price possible within your time frame.

› Is experienced in creating demand for homes and how to show them to advantage.

› Knows how to screen potential buyers and eliminate those who can’t qualify or are looking for bargain-basement prices.

› Knows how to go toe-to-toe in negotiations.

› Is always “on-call,” answering the phone at all hours, and showing homes evenings and weekends.

› Can remain objective when presenting offers and counter-offers on your behalf.

› Maintains errors-and-omissions insurance.

› Will listen to your needs, respect your opinions and allow you to make your own decisions.

› Can help protect your rights, particularly important with the increasingly complicated real estate laws and regulations.

› Is experienced with resolving problems to facilitate a successful closing on your home.

Only you can determine whether you should attempt to sell your home—probably your largest investment—all alone. Talk with a REALTOR® before you decide. You may find working with a professional is a lot less expensive and much more beneficial than you ever imagined!

FOR SALE BY OWNER

Many people believe they can save a considerable amount of money by selling their homes themselves. It may seem like a good idea at the time, but while you may be willing to take on the task, are you qualified? The following are some questions to help you realistically assess what’s involved.

Do you...

- have the knowledge, patience, and sales skills needed to sell your home?

- know how to determine your home’s current market value?

- know how to determine whether or not a buyer can qualify for a loan?

- understand the steps of an escrow and what’s required of you and the buyer?

- need to hire a real estate attorney? If so, do you know what the cost will be and how much liability they will assume in the transaction?

- know how to advertise effectively and what the costs will be?

- understand the various types of loans buyers may choose and the advantages and disadvantages for the seller?

- have arrangements with an escrow and title company, home warranty company, pest-control service and lender to assist you with the transaction?

Are you...

- aware of conditions in the marketplace today that affect value and length of time to sell?

- concerned about having strangers walking through your home?

- familiar enough with real estate regulations to prepare a binding sales contract? Counter-offers?

- aware that every time you leave your home, you are taking it off the market until you return?

- aware that prospective buyers and bargain hunters will expect you to lower your cost because there’s no REALTOR® involved?

- prepared to give up your evenings and weekends to show your home to potential buyers and “just-looking” time wasters?

Key Professionals Involved in Your Transaction

REALTOR ®

A REALTOR ® is a licensed real estate agent and a member of the National Association of REALTORS,® a real estate trade association. REALTORS ® also belong to their state and local Association of REALTORS.®

REAL ESTATE AGENT

A real estate agent is licensed by the state to represent parties in the transfer of property. Every REALTOR ® is a real estate agent, but not every real estate agent has the professional designation of a REALTOR.®

LISTING AGENT

A key role of the listing agent or broker is to form a legal relationship with the homeowner to sell the property and place the property in the Multiple Listing Service.

BUYER'S AGENT

A key role of the buyer’s agent or broker is to work with the buyer to locate a suitable property and negotiate a successful home purchase.

MULTIPLE LISTING SERVICE (MLS)

The MLS is a database of properties listed for sale by REALTORS ® who are members of the local Association of REALTORS.® Information on an MLS property is available to thousands of REALTORS ®

TITLE COMPANY

These are the people who carry out the title search and examination, work with you to eliminate the title exceptions you are not willing to take subject to, and provide the policy of title insurance regarding title to the real property.

ESCROW OFFICER

An escrow officer leads the facilitation of your escrow, including escrow instructions preparation, document preparation, funds disbursement, and more.

PREPARING FOR SALE YOUR HOME

Mow and edge the lawn regularly, and trim the shrubs.

Make your entry inviting: Paint your front door and buy a new front door mat.

Paint or replace the mailbox, if needed.

If screens or windows are damaged, replace or repair them.

Repair or replace worn shutters and other exterior trim.

Make sure the front steps are clear and hazard-free. Make sure the doorbell works properly and has a pleasant sound.

Ensure that all exterior lights are working.

Check stucco walls for cracks and discoloration.

Remove any oil and rust stains from the driveway and garage.

Clean and organize the garage, and ensure the door is in good working order.

Shampoo carpeting or replace if worn. Clean tile floors, particularly the caulking.

Brighten the appearance inside by painting walls, cleaning windows and window coverings, and removing sunscreens.

Repair leaky faucets and caulking in bathtubs and showers.

Repair or replace loose knobs on doors and cabinets. If doors stick or squeak, fix them.

Make sure toilet seats look new and are firmly attached.

First impressions have a major impact on potential buyers. Try to imagine what potential buyers will see when they approach your house for the first time and walk through each room. Ask your REALTOR ® for advice; they know the marketplace and what helps a home sell. Here are some tips to present your home in a positive manner:

Repair or replace loud ventilating fans.

Replace worn shower curtains.

Rearrange furniture to make rooms appear larger. If possible, remove and/or store excess furniture, and avoid extension cords in plain view.

Remove clutter throughout the house. Organize and clean out closets.

Clean household appliances and make sure they work properly.

Air conditioners/heaters, evaporative coolers, hot water heater should be clean, working and inspected if necessary. Replace filters.

Check the pool and/or spa equipment and pumps. Make sure all are working properly and that the pool and/or spa are kept clean.

Inspect fences, gates and latches. Repair or replace as needed.

Staging your home for Show

To make the best impression, keep your home clean, neat, uncluttered and in good repair. Please review this list prior to each showing:

Keep everything clean. A messy or dirty home will cause prospective buyers to notice every flaw.

Clear all clutter from counter tops.

Let the light in. Raise shades, open blinds, pull back the curtains and turn on the lights.

Get rid of odors such as tobacco, pets, cooking, etc., but don’t overdo air fresheners or potpourri. Fresh baked bread and cinnamon can make a positive impact.

Send pets away or secure them away from the house, and be sure to clean up after them.

Close the windows to eliminate street noise.

If possible you, your pets, and your children should be gone while your home is being shown.

Clean trash cans and put them out of sight.

If you must be present while your home is shown, keep noise down. Turn off the TV and radio. Soft, instrumental music is fine, but avoid vocals.

Keep the garage door closed and the driveway clear. Park autos and campers away from your home during showings

Hang clean attractive guest towels in the bathrooms.

Check that sink and tub are scrubbed and unstained.

Make beds with attractive spreads.

Stash or throw out newspapers, magazines, junk mail.

Terms You Should Know

Appraisal

An estimate of value of property resulting from analysis of facts about the property; an opinion of value.

Annual Percentage Rate (APR)

The borrower’s costs of the loan term expressed as a rate. This is not their interest rate.

Beneficiary

The recipient of benefits, often from a deed of trust; usually the lender.

Closing Disclosure (CD)

Closing Disclosure form designed to provide disclosures that will be helpful to borrowers in understanding all of the costs of the transaction. This form will be given to the consumer three (3) business days before closing.

Close of Escrow

Generally the date the buyer becomes the legal owner and title insurance becomes effective.

Comparable Sales

Sales that have similar characteristics as the subject real property, used for analysis in the appraisal. Commonly called “comps.”

Consummation

Occurs when the borrower becomes contractually obligated to the creditor on the loan, not, for example, when the borrower becomes contractually obligated to a seller on a real estate transaction. The point in time when a borrower becomes contractually obligated to the creditor on the loan depends on applicable State law. Consummation is not the same as close of escrow or settlement.

Deed of Trust

An instrument used in many states in place of a mortgage.

Deed Restrictions

Limitations in the deed to a parcel of real property that dictate certain uses that may or may not be made of the real property.

Disbursement Date

The date the amounts are to be disbursed to a buyer and seller in a purchase transaction or the date funds are to be paid to the borrower or a third party in a transaction that is not a purchase transaction.

Earnest Money Deposit

Down payment made by a purchaser of real property as evidence of good faith; a deposit or partial payment.

Easement

A right, privilege or interest limited to a specific purpose that one party has in the land of another.

Endorsement

As to a title insurance policy, a rider or attachment forming a part of the insurance policy expanding or limiting coverage.

Hazard Insurance

Real estate insurance protecting against fire, some natural causes, vandalism, etc., depending upon the policy. Buyer often adds liability insurance and extended coverage for personal property.

Impounds

A trust type of account established by lenders for the accumulation of borrower’s funds to meet periodic payments of taxes, mortgage insurance premiums and/or future insurance policy premiums, required to protect their security.

Legal Description

A description of land recognized by law, based on government surveys, spelling out the exact boundaries of the entire parcel of land. It should so thoroughly identify a parcel of land that it cannot be confused with any other.

Lien

A form of encumbrance that usually makes a specific parcel of real property the security for the payment of a debt or discharge of an obligation. For example, judgments, taxes, mortgages, deeds of trust.

Loan Estimate (LE)

Form designed to provide disclosures that will be helpful to borrowers in understanding the key features, costs and risks of the mortgage loan for which they are applying. Initial disclosure to be given to the borrower three (3) business days after application.

Mortgage

The instrument by which real property is pledged as security for repayment of a loan.

PITI

A payment that includes Principal, Interest, Taxes, and Insurance.

Power of Attorney

A written instrument whereby a principal gives authority to an agent. The agent acting under such a grant is sometimes called an “Attorney-in-Fact.”

Recording

Filing documents affecting real property with the appropriate government agency as a matter of public record.

Settlement statement

Provides a complete breakdown of costs involved in a real estate transaction.

TRID

TILA-RESPA Integrated Disclosures

The Life Of An Escrow

THE BUYER

Chooses a Real Estate Agent

Gets pre-approval letter from Lender and provides to Real Estate Agent.

Makes offer to purchase. Upon acceptance, opens escrow and deposits earnest money.

Finalizes loan application with Lender. Receives a Loan Estimate from Lender.

Completes and returns opening package from First American Title.

Schedules inspections and evaluates findings. Reviews title commitment/ preliminary report.

Provides all requested paperwork to Lender (bank statements, tax returns, etc.) All invoices and final approvals should be to the lender no later than 10 days prior to loan consummation.

Lender (or Escrow Officer) prepares CD and delivers to Buyer at least 3 days prior to loan consummation.

Escrow officer or real estate agent contacts the buyer to schedule signing appointment.

Buyer consummates loan, executes settlement documents, & deposits funds via wire transfer.

Documents are recorded and the keys are delivered!

THE SELLER

Chooses a Real Estate Agent

Accepts Buyer’s offer to purchase.

Completes and returns opening package from First American Title, including information such as forwarding address, payoff lender contact information and loan numbers.

Orders any work for inspections and/or repairs to be done as required by the purchase agreement.

Escrow officer or real estate agent contacts the seller to schedule signing appointment.

Documents are recorded and all proceeds from sale are received.

THE ESCROW OFFICER

Upon receipt of order and earnest money deposit, orders title examination.

Requests necessary information from buyers and sellers via opening packages.

Reviews title commitment / preliminary report.

Upon receipt of opening packages, orders demands for payoffs. Contacts buyer or seller when additional information is required for the title commitment/ preliminary report.

All demands, invoices, and fees must be collected and sent to lender at least 10 days prior to loan consummation.

Coordinates with lender on the preparation of the CD.

Reviews all documents, demands, and instructions and prepares settlement statements and any other required documents.

Schedules signing appointment and informs buyer of funds due at settlement.

Once loan is consummated, sends funding package to lender for review.

Prepares recording instructions and submits docs for recording.

Documents are recorded and funds are disbursed. Issues final settlement statement.

THE LENDER

Accepts Buyer’s application and begins the qualification process. Provides Buyer with Loan Estimate.

Orders and reviews title commitment / preliminary report, property appraisal, credit report, employment and funds verification.

Collects information such as title commitment / preliminary report, appraisal, credit report, employment and funds verification. Reviews and requests additional information for final loan approval.

Underwriting reviews loan package for approval.

Coordinates with Escrow Officer on the preparation of the Closing Disclosure, which is delivered to Buyer at least 3 days prior to loan consummation.

Delivers loan documents to escrow.

Upon review of signed loan documents, authorizes loan funding.

Closing Costs: Who Pays What

CASH FHA VA CONV

1. Downpayment BUYER BUYER BUYER BUYER

2. Termite (Wood Infestation) Inspection (negotiable except on VA) SELLER

3. Property Inspection (if requested by buyer) BUYER BUYER BUYER BUYER

4. Property Repairs, if any (negotiable) SELLER SELLER SELLER SELLER

5. New Loan Origination Fee (negotiable) BUYER BUYER BUYER

6. Discount Points (negotiable) BUYER BUYER BUYER

7. Credit Report BUYER BUYER BUYER

8. Appraisal or Extension Fee (negotiable) BUYER BUYER BUYER

9. Existing Loan Payoff SELLER SELLER SELLER SELLER

10. Existing Loan Payoff Demand SELLER SELLER SELLER SELLER

11. Loan Prepayment Penalty (if any) SELLER SELLER SELLER SELLER

12. Next Month’s PITI Payment BUYER BUYER BUYER

13. Prepaid Interest (approx. 30 days) BUYER BUYER BUYER

14. Reserve Account Balance (Credit seller / Charge buyer) PRORATE PRORATE PRORATE

15. FHA MIP, VA Funding Fee, PMI Premium BUYER BUYER BUYER

16. Assessments payoff or proration (sewer, paving, etc.) SELLER

Taxes PRORATE PRORATE PRORATE PRORATE

Tax Impounds BUYER BUYER BUYER

Tax Service Contract SELLER SELLER BUYER

Fire/Hazard Insurance BUYER BUYER BUYER BUYER

Flood Insurance BUYER BUYER BUYER

Homeowners Association (HOA) Transfer Fee BUYER or SELLER BUYER or SELLER BUYER or SELLER BUYER or SELLER

SELLER SELLER SELLER SELLER

PRORATE PRORATE PRORATE PRORATE

BUYER BUYER BUYER BUYER

BUYER

SELLER BUYER or SELLER BUYER or SELLER BUYER or SELLER

SELLER SELLER SELLER SELLER

SELLER SELLER SELLER SELLER

BUYER BUYER BUYER

SPLIT SPLIT SELLER SPLIT

SPLIT SPLIT SPLIT SPLIT

SELLER SELLER SELLER SPLIT

SPLIT SPLIT SELLER SPLIT

The Escrow Process

WHAT IS AN ESCROW?

The escrow is the process of having a neutral party manage the exchange of money for real property. The escrow holder is known as an escrow or settlement officer or agent. The buyer deposits funds and the seller deposits a deed with the escrow holder along with all of the other documents required to remove all "contingencies" (conditions and approvals) in the purchase agreement prior to closing.

HOW IS AN ESCROW OPENED?

Once a purchase agreement is signed by all necessary parties, the agent representing the party who will pay the fee selects an escrow holder and the buyer's earnest money deposit and contract are submitted to the escrow holder. From this point, the escrow holder will follow the mutual written instructions of the buyer and seller, maintaining a neutral stance to ensure that neither party has an unfair advantage over the other. The escrow holder also follows the instructions of the Buyer's new lender, the seller's existing lender, and both parties' agents. The escrow holder ensures the transparency of the transaction, while carefully maintaining the privacy of the consumers.

Your Escrow Professional May:

Open escrow and deposit good faith funds into an escrow account

Conduct a title search to determine the ownership and title status of the real property

Review the title commitment and begin the process of working with you and the title officer to eliminate the title exceptions the buyer and the buyer’s new lender are not willing to take subject to. This includes ordering a payoff demand from your existing lender.

Coordinate with the buyer’s lender on the preparation of the Closing Disclosure (CD)

Prorate fees, such as real property taxes, per the contract and prepare the settlement statement

Set separate appointments allowing the buyer and seller to sign documents and deposit funds

Review documents and ensure all conditions are fulfilled and certain legal requirements are met

Request funds from buyer and buyer’s new lender

When all funds are deposited and conditions met, record documents with the County Recorder to transfer the real property to the buyer

After recording is confirmed, close escrow and disburse funds, including proceeds, loan payoffs, tax payments, and more

Prepare and send final documents to all parties

Understanding Title Insurance

The Title Industry & Title Insurance in Brief

Prior to the development of the title industry in the late 1800s, a home-buyer received a grantor’s warranty, attorney’s title opinion, or abstractor’s certificate as assurance of home ownership. The buyer relied on the financial integrity of the grantor, attorney, or abstractor for protection. Today, home-buyers look primarily to title insurance to provide this protection. Title insurance companies are regulated by state statute. They are required to post financial guarantees to ensure that any claims will be paid in a timely fashion. They also must maintain their own “title plants” which house duplicates of recorded deeds, mortgages, plats, and other pertinent county property records.

WHAT IS TITLE INSURANCE?

Title insurance provides coverage for certain losses due to defects in the title that, for the most part, occurred prior to your ownership. Title insurance protects against defects such as prior fraud or forgery that might go undetected until after closing and possibly jeopardize your ownership and investment.

WHY IS TITLE INSURANCE NEEDED?

Title insurance insures buyers against the risk that they did not acquire marketable title from the seller. It is primarily designed to reduce risk or loss caused by defects in title from the past. A loan policy of title insurance protects the interest of the mortgage lender, while an owner’s policy protects the equity of you, the buyer, for as long as you or your heirs (in certain policies) own the real property.

WHEN IS THE PREMIUM DUE?

You pay for your owner’s title insurance policy only once, at the close of escrow. Who pays for the owner’s policy and loan policy varies depending on local customs.

Compare First American’s Eagle Policy® for Owners

Protection from:

1 Someone else owns an interest in your title

2 A document is not properly signed

3 Forgery, fraud, duress in the chain of title

4 Defective recording of any document

5 There are restrictive covenants

6 There is a lien on your title because there is:

a) a deed of trust

b) a judgement, tax, or special assessment

c) a charge by a homeowner’s association

7 Title is unmarketable

8 Mechanics lien

9 Forced removal of a structure because it:

a) extends on another property and/or easement

b) violates a restriction in Schedule B

c) violates an existing zoning law*

10 Cannot use the land for a Single-Family Residence because the use violates a restriction in Schedule B or a zoning ordinance

11 Unrecorded lien by a homeowners association

12 Unrecorded easements

13 Building permit violations*

14 Restrictive covenant violations

15 Post-policy forgery

16 Post-policy encroachment

17 Post-policy damage from extraction of minerals or water

18 Lack of vehicular and pedestrian access

19 Map not consistent with legal description

20 Post-policy adverse possession

Compare First American’s Eagle Policy® for Owners

21

22

23

Post-policy prescriptive easement

Covenant violation resulting in your title reverting to a previous owner

Violation of building setback regulations

24 Discriminatory covenants

Other benefits:

25 Pays rent for substitute land or facilities

26 Rights under unrecorded leases

27

28

29

30

Plain language statements of policy coverage and restrictions

Compliance with Subdivision Map Act

Coverage for boundary wall or fence encroachment*

Added ownership coverage leads to enhanced marketability

31 Insurance coverage for a lifetime

32

Post-policy inflation coverage with automatic increase in value up to 150% over five years

33 Post-policy Living Trust coverage

* Deductible and maximum limits apply. Not available to investors on 1- to 4-unit residential properties. Coverage may vary based on an individual policy.

As with any insurance contract, the insuring provisions express the coverage afforded by the title insurance policy and there are exceptions, exclusions and conditions to coverage that limit or narrow the coverage afforded by the policy. Also, some cov erage may not be available in a particular area or transaction due to legal, regulatory, or underwriting considerations. Please contact a First American representative for further information. The services described above are typical basic services. The services provided to you may be different due to the specifics of your transaction or the location of the real property involved.

EAGLE ALTA Standard or CLTA

EAGLE ALTA Standard or CLTA

Consider This

One escrow transaction could involve more than 20 individuals, including real estate agents, buyers, sellers, attorneys, escrow officer, escrow technician, title officer, loan officer, loan processor, loan underwriter, home inspector, termite inspector, insurance agent, home warranty representative, contractor, roofer, plumber, pool service, and so on. And often, one transaction depends on another.

When you consider the number of people involved, you can imagine the opportunities for delays and mishaps. Your experienced escrow team can’t prevent unforeseen problems from arising; however, they can help smooth out the process.

Closing Your Escrow

THE CLOSING DISCLOSURE

Once the loan is approved and all invoices and paperwork have been provided, the lender and escrow officer will collaborate on the preparation of the Closing Disclosure (CD). In order to close on time, all paperwork and invoices should be submitted at least 10 days prior to the expected close of escrow date. The borrower must receive the CD at least three days* prior to consummation of the loan (typically the signing date). The escrow officer will also prepare an estimated settlement statement and inform the buyer of the balance of the down payment and closing costs needed to close escrow.

*For purposes of the Closing Disclosure“business day” is defined as every day except Sundays and Federal legal holidays.

THE CLOSING OR SIGNING APPOINTMENT

The escrow holder will contact you or your agent to schedule a closing or signing appointment. In some states, this is the "close of escrow." In some others, the close of escrow is either the day the documents record or that funds are disbursed. Ask your escrow holder if you would like clarification about your state's laws.

You will have a chance to review the settlement statement and supporting documentation. This is your opportunity to ask questions and clarify terms. You should review the settlement statement carefully and report discrepancies to the escrow officer. This includes any payments that may have been missed. You are responsible for all charges incurred even if overlooked by the escrow holder, so it's better to bring these to their attention before closing.

The escrow holder is obligated by law to have the designated amount of money before releasing any funds. If you have questions or foresee a problem, let your escrow holder know immediately.

DON'T FORGET YOUR IDENTIFICATION

You will need valid identification with your photo I.D. on it when you sign documents that need to be notarized (such as a deed). A driver's license is preferred. You will also be asked to provide your social security number for tax reporting purposes, and a forwarding address.

WHAT HAPPENS NEXT?

If the buyer is obtaining a new loan, the buyer’s signed loan documents will be returned to the lender for review. The escrow holder will ensure that all contract conditions have been met and will ask the lender to "fund the loan."

If the loan documents are satisfactory, the lender will send funds directly to the escrow holder. When the loan funds are received, the escrow holder will verify that all necessary funds are in. Escrow funds will be disbursed to the seller and other appropriate payees. Then, the REALTOR® will present the keys to the property to the buyer.

Planning your move

SIX WEEKS BEFORE:

Create an inventory sheet of items to move.

Research moving options You’ll need to decide if yours is a do-it-yourself move or if you’ll be using a moving company.

Request moving quotes Solicit moving quotes from as many moving companies and movers as possible. There can be a large difference between rates and services within moving companies.

Discard unnecessary items Moving is a great time for ridding yourself of unnecessary items. Have a yard sale or donate unnecessary items to charity.

Packing materials. Gather moving boxes and packing materials for your move.

Contact insurance companies. (Life, Health, Fire, Auto) You’ll need to contact your insurance agent to cancel/transfer your insurance policy. Do not cancel your insurance policy until you have and closed escrow on the sale.

Seek employer benefits. If your move is work-related, your employer may provide funding for moving expenses. Your human resources rep should have information on this policy.

Changing Schools. If changing schools, contact new school for registration process.

FOUR WEEKS BEFORE:

Contact utility companies Set utility turnoff date, seek refunds and deposits and notify them of your new address.

Obtain your medical records. Contact your doctors, physicians, dentists and other medical specialists who may currently be retaining any of your family’s medical records. obtain these records or make plans for them to be delivered to your new medical facilities.

Note food inventory levels Check your cupboards, refrigerator and freezer to use up as much of your perishable food as possible.

Service small engines for your move by extracting gas and oil from the machines. This will reduce the chance to catch fire during your move.

Protect jewelry and valuables. Transfer jewelry and valuables to safety deposit box so they can not be lost or stolen during your move.

Borrowed and rented items. Return items which you may have borrowed or rented. Collect items borrowed to others.

ONE WEEK BEFORE:

Plan your itinerary. Make plans to spend the entire day at the house or at least until the movers are on their way. Someone will need to be around to make decisions. Make plans for kids and pets to be at the sitters for the day.

Change of address. Visit USPS for change of address form.

Bank accounts Notify bank of address change. Make sure to have a money order for paying the moving company if you are transferring or closing accounts.

Service automobiles If automobiles will be driven long distances, you’ll want to have them serviced for a trouble-free drive.

Cancel services. Notify any remaining service providers (newspapers, lawn services, etc) of your move.

Start packing. Begin packing for your new location.

Travel items. Set aside items you’ll need while traveling and those needed until your new home is established. Make sure these are not packed in the moving truck!

Scan your furniture. Check furniture for scratches and dents before so you can compare notes with your mover on moving day.

Prepare Floor Plan. Prepare floor plan for your new home. This will help avoid confusion for you and your movers.

MOVING DAY:

Review the house. Once the house is empty, check the entire house (closets, the attic, basement, etc) to ensure no items are left or no home issues exist.

Sign the bill of lading. Once your satisfied with the mover’s packing your items into the truck, sign the bill of lading. If possible, accompany your mover while the moving truck is being weighed.

Double check with your mover. Make sure your mover has the new address and your contact information should they have any questions during your move.

Vacate your home. Make sure utilities are off, doors and windows are locked and notify your real estate agent you’ve left the property.

Your Notes:

Your Notes:

Your Notes:

First American Title Branch Locator

1 SUN CITY WES T

623.299.3644

13940 W. Meeker Blvd., #119

Sun City West, AZ 85375

N of Meeker Blvd

W of R.H. Johnson

2 GOODYEAR

623.936.8001

1626 N. Litchfield Rd. Ste. #170 Goodyear, AZ 85395

NW corner of McDowell & Litchfield

3 ARROWHEAD

623.487.0404

16165 N. 83rd Ave , #100

Peoria, AZ 85382

S of Bell/E side of 83rd Ave

4 THE LEGENDS

623.537.1608

20241 N. 67th Ave , #A-2 Glendale, AZ 85308

E side 67th Ave/N of 101

5 ANTHEM

623.551.3265

39508 N. Daisy Mountain Dr., #128 Anthem, AZ 85086

NE corner Daisy Mtn Dr/ Gavilan Peak Pkwy

6 BILTMORE

602.954.3644

3200 E Camelback Rd., #123 Phoenix, AZ 85018

NE Corner of Camelback/32nd Street

7 TATUM RIDGE

480.515 4369

11211 N Tatum Blvd, #A150 Phoenix, AZ 85028

N of Shea, E side of Tatum

8 CAREFREE 480.575.6609

7202 E. Carefree Dr , Bldg 1, #1 Carefree, AZ 85377

NE corner of Tom Darlington/ Carefree Dr.

9 KIERLAND COMMONS

480.948.6488

14648 N Scottsdale Rd., Ste. #100 Scottsdale, AZ 85254 W of Scottsdale Road, S side of Greenway

10 SCOTTSDALE FORUM

480.551.0480

6263 N. Scottsdale Rd., #110 Scottsdale, AZ 85250

E Side Scottsdale/S of Lincoln

11 DC CROSSING

480.563.9034 18291 N. Pima Rd , #145 Scottsdale, AZ 85255

SE corner of Pima/Legacy

12 AHWATUKEE

480.753.4424

4435 E. Chandler Blvd , #100 Phoenix, AZ 85048

SW corner Chandler/45th St.

13 CHANDLER PORTICO

480.777.0051 2121 W. Chandler Blvd., #215 Chandler, AZ 85224

SW Corner Chandler Blvd./ Dobson Rd.

14 GILBERT SAN TAN 480.777.0614

1528 E. Williams Field Rd., #101 Gilbert, AZ 85295

NW corner of Williams Field Rd./ Val Vista Rd.

15 MESA 480.401.3738

1630 S. Stapley Dr., #123 Mesa, AZ 85204

N of Baseline / W of Stapley

16 RED MOUNTAIN

480.534.3599

1135 N. Recker Rd., #103 Mesa, AZ 85205

SE corner of Recker & Brown

17 GOLD CANYON

480.288.0883 6877 South Kings Ranch Rd., #5 Gold Canyon, AZ 85118 E of 60/

South Side Kings Ranch Rd.

For more information please contact your First American representative. www.firstam.com

©2022 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF

First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates.

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