8501 E Turney Ave, Scottsdale, AZ 85251

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Subject Property

8501 E Turney Ave Scottsdale AZ 85251 APN: 173-57-037

Data Provided By: First American Title Ins Co

Data Provided By:

First American Title Ins Co

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Subject Property :   8501 E Turney Ave Scottsdale AZ 85251

Owner Information

Owner Name : Sheldon Michael B / Sheldon Beth A

Mailing Address : 8643 E Sells Dr, Scottsdale AZ 85251-2927 C009

Vesting Codes : / / Trust

Owner Occupied Indicator : A

Location Information

Legal Description : Lot 37 Scottsdale Highlands

County : Maricopa, Az

Census Tract / Block : 2171.02 / 2

Township-Range- Sect : 02N-04E-24

Legal Lot : 37

APN : 173-57-037

Owner Transfer Information

Recording/Sale Date : 12/09/2011 / 12/08/2011

Subdivision : Scottsdale Highlands

Map Reference : 7423

School District : Scottsdale 48

Munic/Township : Scottsdale

Neighbor Code : 19-006

Deed Type : Warranty Deed Document # : 1014359

Last Market Sale Information

Recording/Sale Date : 05/26/2004 / 05/24/2004

Sale Price : $280,000

Document # : 590497

1st Mtg Int. Rate/Type : / Fixed Rate Loan

1st Mtg Document # : 590498

1st Mtg Term : 30

Deed Type : Warranty Deed Price Per SqFt : $132.45

1st Mtg Amount/Type : $250,000 / Cnv

Title Company : Security Title Agency

Lender : First Magnus Fin'l Corp

Seller Name : Kleider John E & Heather M

Prior Sale Information

Prior Rec/Sale Date : 03/29/1990 / 03/00/1990

Prior Sale Price : $89,900

Prior Doc Number : 137754

Prior Deed Type : Deed (reg)

Prior Lender : Firemans Fund Mtg Corp

Prior 1st Mtg Amt/Type : $90,357 / Fha

Prior 1st Mtg Rate/Type : / Fixed Rate Loan

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Property Characteristics

Gross Area : 2,114 Garage Capacity : 2

Pool : Pool

Living Area : 2,114 Roof Material : Asphalt Shingle Air Cond : Refrigeration

Total Rooms : 7 Heat Type : Forced Air Quality : Good

Year Built / Eff : 1958

Cooling Type : Forced Air Condition : Average

# of Stories : 1 Exterior wall : Paint Blk Bath Fixtures : 6

Parking Type : Garage Patio Type : Covered Patio Pool Size : 512

Property Information

Land Use : Sfr

Lot Acres : 0.23

Zoning : R1-7 Lot Size : 9,937

Tax Information

Total Value : $397,700 Improve % : 80%

Land Value : $79,500

State Use : Single Fam Resurban Subd ( 4 )

Current Assessed Year : 2023

Tax Year : 2021 Current Year Total Value : $62,420

Improvement Value : $318,200 Property Tax : $2,495.12

Total Taxable Value : $30,267 Tax Rate Area : 481400

Utility Tax : $13,802

Current Year Improvement Value :

$49,940

Assessed Year : 2021 Market Value : $397,700 Current Year Land Value : $12,480

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

CoreLogic.

Sales Analysis

Criteria

Subject Property Low

Average

Sale Price $280,000 $264,761 $1,300,000 $829,357

Bldg/Living Area 2114 1815 2332 2007

Price Per Square Foot $132.45 $146 $598 $410.26

Year Built 1958 1959 1968 1963

Lot Size 9,937 6,554 11,481 8,850

2 2 4 3 Stories 1 1 1 1

Total Assessed Value $397,700 $288,000 $428,300 $366,455

Distance From Subject 0 0.04 0.35 0.24

Summary

#

Comparables

S 8501 E Turney Ave 280,000 397,700 05/26/2004 2 2,114 9,937 1958 R1-7

1 4331 N 84th Pl 695,205 393,800 09/02/2022 3 2,029 9,871 1959 0.04 R1-7

2 8532 E Montecito Ave 865,000 372,600 03/03/2022 2 1,956 9,639 1959 0.09 R1-7

3 8423 E Heatherbrae Ave 1,050,000 364,700 05/13/2022 2 2,224 7,733 1964 0.11 R1-7

4 8324 E Montecito Ave 1,200,000 331,700 04/25/2022 2 2,175 7,220 1959 0.18 R1-7

5 4349 N 86th St 799,000 380,000 03/15/2022 3 1,838 8,564 1966 0.19 R1-7

6 8343 E Camelback Rd 725,000 312,700 04/29/2022 2 1,815 7,512 1959 0.19 R1-7

7 4381 N 86th St 980,000 384,100 06/02/2022 3 1,886 8,146 1966 0.19 R1-7

8 8319 E Camelback Rd 570,000 288,000 09/13/2022 2 1,957 6,700 1959 0.23 R1-7

9 8631 E Turney Ave 830,000 413,100 12/08/2021 3 2,272 9,857 1967 0.25 R1-7

10 8346 E Devonshire Ave 731,000 320,800 11/08/2021 2 1,927 7,888 1959 0.25 R1-7

11 8239 E Turney Ave 264,761 293,100 06/01/2022 2 1,816 7,223 1959 0.26 R1-7

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

12 8629 E Heatherbrae Dr 935,500 426,600 08/31/2022 3 2,203 10,835 1968 0.27 R1-7

13 8701 E Sells Dr 1,050,000 396,500 08/05/2022 3 1,984 11,481 1967 0.29 R1-7

14 8310 E Devonshire Ave 1,150,000 370,800 04/06/2022 4 1,922 6,991 1959 0.3 R1-7

15 8702 E Montecito Ave 765,000 390,600 11/08/2021 3 1,827 8,673 1968 0.31 R1-7

16 4524 N 86th Pl 657,216 396,300 04/12/2022 3 2,000 11,371 1961 0.31 R1-7

17 8314 E Monterosa St 609,000 297,300 09/13/2022 2 1,862 6,554 1960 0.33 R1-7

18 8727 E Sells Dr 906,450 407,500 05/20/2022 2 2,188 10,971 1966 0.35 R1-7

19 8709 E Mackenzie Dr 1,300,000 428,300 04/29/2022 3 2,332 10,514 1968 0.35 R1-7

20 8726 E Sells Dr 504,000 360,600 04/08/2022 2 1,919 9,259 1966 0.35 R1-7

Distressed Sales =

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Details of Comparables

Subject Property: 8501 E Turney Ave Scottsdale Az 85251

Owner Name: Sheldon Michael B /Sheldon Beth A

APN / Alternate APN: 173-57-037 / Deed Type: Warranty Deed

Subdivision / Tract: Scottsdale Highlands / Lot Size: 9,937

Rec. Date / Price: 05/26/2004 / $280,000 Living Area: 2,114

Land Use: Sfr

Year Built / Eff: 1958 /

# of units:

Document #: 590497 Bedrooms: Pool: Pool

Total Tax Value: $397,700 Bath(F/H): /

#1   4331 N 84th Pl Scottsdale Az 85251

Owner Name: Trier Catherine M /

APN / Alternate APN: 173-57-033 / Deed Type: Warranty Deed

Subdivision / Tract: Scottsdale Highlands / Lot Size: 9,871

Rec. Date / Price: 09/02/2022 / $695,205 Living Area: 2,029

Land Use: Sfr

Year Built / Eff: 1959 /

# of units:

Document #: 688937 Bedrooms: Pool:

Total Tax Value: $393,800 Bath(F/H): /

#2   8532 E Montecito Ave Scottsdale Az 85251

Owner Name: Driver Adam C /Waltman Jennifer A

APN / Alternate APN: 173-57-026 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Scottsdale Highlands / Lot Size: 9,639

Rec. Date / Price: 03/03/2022 / $865,000 Living Area: 1,956

Year Built / Eff: 1959 /

# of units:

Document #: 195098 Bedrooms: Pool:

Total Tax Value: $372,600 Bath(F/H): /

#3   8423 E Heatherbrae Ave Scottsdale Az 85251

Owner Name: Arman Ravi S /Arman Priya L

APN / Alternate APN: 173-55-012 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Scottsdale Highlands Estates 1 / Lot Size: 7,733

Rec. Date / Price: 05/13/2022 / $1,050,000 Living Area: 2,224

Year Built / Eff: 1964 /

# of units:

Document #: 418584 Bedrooms: Pool: Pool

Total Tax Value: $364,700 Bath(F/H): /

#4   8324 E Montecito Ave Scottsdale Az 85251

Owner Name: Leovic Michael P /Cable Alexandria

APN / Alternate APN: 173-58-132 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Scottsdale Estates 9 Lts 1184-1350 / Lot Size: 7,220

Rec. Date / Price: 04/25/2022 / $1,200,000 Living Area: 2,175

Year Built / Eff: 1959 /

# of units:

Document #: 362233 Bedrooms: Pool: Pool

Total Tax Value: $331,700 Bath(F/H): /

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

#5   4349 N 86th St Scottsdale Az 85251

Owner Name: 818 Properties Llc /

APN / Alternate APN: 173-55-085 / Deed Type: Warranty Deed

Subdivision / Tract: Scottsdale Highlands Estates 3 / Lot Size: 8,564

Rec. Date / Price: 03/15/2022 / $799,000 Living Area: 1,838

Land Use: Sfr

Year Built / Eff: 1966 /

# of units:

Document #: 235200 Bedrooms: Pool: Pool

Total Tax Value: $380,000 Bath(F/H): /

#6   8343 E Camelback Rd Scottsdale Az 85251

Owner Name: Lahaine Christian G /Strong Lauren J

APN / Alternate APN: 173-58-001 / Deed Type: Warranty Deed

Subdivision / Tract: Scottsdale Estates 9 Lts 1184-1350 / Lot Size: 7,512

Rec. Date / Price: 04/29/2022 / $725,000 Living Area: 1,815

Land Use: Sfr

Year Built / Eff: 1959 /

# of units:

Document #: 378695 Bedrooms: Pool: Pool

Total Tax Value: $312,700 Bath(F/H): /

#7   4381 N 86th St Scottsdale Az 85251

Owner Name: Kilpatrick Austin C /Kilpatrick Trinell

APN / Alternate APN: 173-55-080 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Scottsdale Highlands Estates 3 / Lot Size: 8,146

Rec. Date / Price: 06/02/2022 / $980,000 Living Area: 1,886

Year Built / Eff: 1966 /

# of units:

Document #: 471946 Bedrooms: Pool: Pool

Total Tax Value: $384,100 Bath(F/H): /

#8   8319 E Camelback Rd Scottsdale Az 85251

Owner Name: Creative Equity Partners Ll / APN / Alternate APN: 173-58-005 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Scottsdale Estates 9 Lts 1184-1350 / Lot Size: 6,700

Rec. Date / Price: 09/13/2022 / $570,000 Living Area: 1,957

Year Built / Eff: 1959 /

# of units:

Document #: 707469 Bedrooms: Pool:

Total Tax Value: $288,000 Bath(F/H): /

#9   8631 E Turney Ave Scottsdale Az 85251

Owner Name: Regis William /Valenzuela Mikaila

APN / Alternate APN: 173-55-156 / Deed Type: Warranty Deed

Subdivision / Tract: Sands East / Lot Size: 9,857

Rec. Date / Price: 12/08/2021 / $830,000 Living Area: 2,272

Land Use: Sfr

Year Built / Eff: 1967 /

# of units:

Document #: 1298889 Bedrooms: Pool: Pool

Total Tax Value: $413,100 Bath(F/H): /

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

#10   8346 E Devonshire Ave Scottsdale Az 85251

Owner Name: Young Daniel Christian /Rikas Michelle Suzanne

APN / Alternate APN: 173-59-102 / Deed Type: Warranty Deed

Subdivision / Tract: Scottsdale Estates 9 Lts 1184-1350 / Lot Size: 7,888

Rec. Date / Price: 11/08/2021 / $731,000 Living Area: 1,927

Land Use: Sfr

Year Built / Eff: 1959 /

# of units:

Document #: 1198712 Bedrooms: Pool:

Total Tax Value: $320,800 Bath(F/H): /

#11   8239 E Turney Ave Scottsdale Az 85251

Owner Name: Turney Ave Llc /

APN / Alternate APN: 173-58-113 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Scottsdale Estates 9 Lts 1184-1350 / Lot Size: 7,223

Rec. Date / Price: 06/01/2022 / $264,761 Living Area: 1,816

Year Built / Eff: 1959 /

# of units:

Document #: 467217 Bedrooms: Pool:

Total Tax Value: $293,100 Bath(F/H): /

#12   8629 E Heatherbrae Dr Scottsdale Az 85251

Owner Name: 217 Pvcondo Llc / APN / Alternate APN: 173-55-213 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Sands East 2 / Lot Size: 10,835

Rec. Date / Price: 08/31/2022 / $935,500 Living Area: 2,203

Year Built / Eff: 1968 /

# of units:

Document #: 681953 Bedrooms: Pool: Pool

Total Tax Value: $426,600 Bath(F/H): /

#13   8701 E Sells Dr Scottsdale Az 85251

Owner Name: Maize Landon / APN / Alternate APN: 173-55-126 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Sands East / Lot Size: 11,481

Rec. Date / Price: 08/05/2022 / $1,050,000 Living Area: 1,984

Year Built / Eff: 1967 /

# of units:

Document #: 625812 Bedrooms: Pool: Pool

Total Tax Value: $396,500 Bath(F/H): /

#14   8310 E Devonshire Ave Scottsdale Az 85251

Owner Name: Hammel-knipe Cynthia / APN / Alternate APN: 173-59-096 / Deed Type: Warranty Deed

Subdivision / Tract: Scottsdale Estates 9 Lts 1184-1350 / Lot Size: 6,991

Rec. Date / Price: 04/06/2022 / $1,150,000 Living Area: 1,922

Land Use: Sfr

Year Built / Eff: 1959 /

# of units:

Document #: 307150 Bedrooms: Pool: Pool

Total Tax Value: $370,800 Bath(F/H): /

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

CoreLogic.

#15   8702 E Montecito Ave Scottsdale Az 85251

Owner Name: Pecan Ventures Llc / APN / Alternate APN: 173-55-168 / Deed Type: Warranty Deed

Subdivision / Tract: Sands East / Lot Size: 8,673

Rec. Date / Price: 11/08/2021 / $765,000 Living Area: 1,827

Land Use: Sfr

Year Built / Eff: 1968 /

# of units:

Document #: 1195943 Bedrooms: Pool: Pool

Total Tax Value: $390,600 Bath(F/H): /

#16   4524 N 86th Pl Scottsdale Az 85251

Owner Name: Falion Benjamin P / APN / Alternate APN: 173-67-028 / Deed Type: Warranty Deed

Subdivision / Tract: Scottsdale Highlands 4 / Lot Size: 11,371

Rec. Date / Price: 04/12/2022 / $657,216 Living Area: 2,000

Land Use: Sfr

Year Built / Eff: 1961 /

# of units:

Document #: 321359 Bedrooms: Pool: Pool

Total Tax Value: $396,300 Bath(F/H): /

#17   8314 E Monterosa St Scottsdale Az 85251

Owner Name: Hodder Belinda / APN / Alternate APN: 173-59-131 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Scottsdale Estates 9 Lts 1184-1350 / Lot Size: 6,554

Rec. Date / Price: 09/13/2022 / $609,000 Living Area: 1,862

Year Built / Eff: 1960 /

# of units:

Document #: 707248 Bedrooms: Pool:

Total Tax Value: $297,300 Bath(F/H): /

#18   8727 E Sells Dr Scottsdale Az 85251

Owner Name: 818 Properties Llc /

APN / Alternate APN: 173-55-143 / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: Sands East / Lot Size: 10,971

Rec. Date / Price: 05/20/2022 / $906,450 Living Area: 2,188

Year Built / Eff: 1966 /

# of units:

Document #: 438547 Bedrooms: Pool: Pool

Total Tax Value: $407,500 Bath(F/H): /

#19   8709 E Mackenzie Dr Scottsdale Az 85251

Owner Name: Heilman Edward Trust / APN / Alternate APN: 173-55-216 / Deed Type: Warranty Deed

Subdivision / Tract: Sands East 2 / Lot Size: 10,514

Rec. Date / Price: 04/29/2022 / $1,300,000 Living Area: 2,332

Land Use: Sfr

Year Built / Eff: 1968 /

# of units:

Document #: 376315 Bedrooms: Pool: Pool

Total Tax Value: $428,300 Bath(F/H): /

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

8726 E Sells Dr Scottsdale Az 85251

Owner Name: Stellburg Prop Invs Llc / APN / Alternate APN: 173-55-109 / Deed Type: Warranty Deed

Land Use: Sfr

Year Built / Eff: 1966 / Rec. Date / Price: 04/08/2022 / $504,000 Living Area: 1,919

Subdivision / Tract: Sands East / Lot Size: 9,259

# of units: Document #: 312605 Bedrooms: Pool:

Total Tax Value: $360,600 Bath(F/H): /

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

CoreLogic.

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

CoreLogic.

and statistics on

schools please go

Public Schools :

Elementary Schools

Navajo Elementary School

4525 N Granite Reef Rd Scottsdale AZ 85251

Telephone : (480) 484-2600

Lowest Grade : Pre-K

Distance 0.2 Miles

School District : Scottsdale Unified District (4240)

Highest Grade : 6th

Kindergarten : Yes School Enrollment : Enrollment : 377 Total Expenditure/Student : 115

Pima Elementary School

8330 E Osborn Rd Scottsdale AZ 85251

Telephone : (480) 484-2800

Lowest Grade : Pre-K

Distance 0.81 Miles

School District : Scottsdale Unified District (4240)

Highest Grade : 6th

Kindergarten : Yes School Enrollment : Enrollment : 492 Total Expenditure/Student : 115

Noah Webster Schools-pima Distance 1.2 Miles

5399 N Pima Rd Scottsdale AZ 85250

Telephone : (480) 291-6900

Lowest Grade : K

School District : Noah Webster Schoolspima (92374)

Highest Grade : 6th

Kindergarten : Yes School Enrollment : Enrollment : 487

Total Expenditure/Student :

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Hohokam Elementary School

8451 E Oak St Scottsdale AZ 85257

Telephone : (480) 484-1800

Lowest Grade : Pre-K

Distance 1.88 Miles

School District : Scottsdale Unified District (4240)

Highest Grade : 6th

Kindergarten : Yes School Enrollment : Enrollment : 363 Total Expenditure/Student : 115

Middle Schools

Mohave Middle School

8490 E Jackrabbit Rd Scottsdale AZ 85250

Telephone : (480) 484-5200

Lowest Grade : 6th

Distance 1.22 Miles

School District : Scottsdale Unified District (4240)

Highest Grade : 8th

Kindergarten : No School Enrollment : Enrollment : 904 Total Expenditure/Student : 115

Ingleside Middle School

5402 E Osborn Rd Phoenix AZ 85018

Telephone : (480) 484-4900

Lowest Grade : 6th

Distance 3.9 Miles

School District : Scottsdale Unified District (4240)

Highest Grade : 8th

Kindergarten : No School Enrollment : Enrollment : 850 Total Expenditure/Student : 115

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

High Schools

Evit - Saguaro High School Distance 1.9 Miles

6250 N 82nd St Scottsdale AZ 85250

Telephone : (480) 484-7100

School District : East Valley Institute Of Technology (4516)

Highest Grade : 12th School Enrollment : Enrollment : 0

Lowest Grade : 9th

Total Expenditure/Student : Advanced Placement : No

Saguaro High School

6250 N 82nd St Scottsdale AZ 85250

Telephone : (480) 484-7100

Distance 2 Miles

School District : Scottsdale Unified District (4240)

Highest Grade : 12th School Enrollment : Enrollment : 1245

Lowest Grade : 9th

Total Expenditure/Student : 115 Advanced Placement : No

Evit - Coronado High School

7501 E Virginia Ave Scottsdale AZ 85257

Telephone : (480) 484-6800

Distance 2.03 Miles

School District : East Valley Institute Of Technology (4516)

Lowest Grade : 9th Highest Grade : 12th School Enrollment : Enrollment : 0

Total Expenditure/Student : Advanced Placement : No

Coronado High School Distance 2.11 Miles

7501 E Virginia Ave Scottsdale AZ 85257

Telephone : (480) 484-6800

School District : Scottsdale Unified District (4240)

Highest Grade : 12th School Enrollment : Enrollment : 861

Lowest Grade : 9th

Total Expenditure/Student : 115 Advanced Placement : No

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Attractions / Recreation

Name Address

Telephone Distance (Miles)

Max Aviation Llc 8561 E Sells Dr Scottsdale Az (602) 751-7202 0.16

Sundarakriya Yoga Llc 8304 E Glenrosa Ave Scottsdale Az (480) 663-7643 0.23

Ximenes Brazilian Jiu Jitsu And Judo, Llc 8402 E Indian School Rd Scottsdale Az (623) 760-2614 0.35

Catalyst Entertainment Llc 8520 E Highland Ave Scottsdale Az (602) 680-0734 0.42

Banks / Financial

Name Address

Telephone Distance (Miles)

Home Point Financial 8840 E Chaparral Rd # 130 Scottsdale Az (480) 771-4463 0.79

Jpmorgan Chase Bank, National Association 7908 E Chaparral Rd # 113 Scottsdale Az (480) 949-0069 1.01

Arizona Federal Credit Union 3396 N Hayden Rd Scottsdale Az (602) 683-1561 1.05

Jpmorgan Chase Bank, National Association 7628 E Indian School Rd Scottsdale Az (480) 659-2357 1.08

Eating / Drinking

Fresh 5 Juicery

Name Address

Aunt Bee's Bakery Llc

Telephone Distance (Miles)

8520 E Mackenzie Dr Scottsdale Az (480) 238-7530 0.17

8637 E Roma Ave Scottsdale Az (480) 577-6935 0.26

Tang Family Restaurants Llc 4205 N 86th Way Scottsdale Az (480) 756-0006 0.32

Marcel Waffles Phoenix 8444 E Indian School Rd # Scottsdale Az (630) 917-2142 0.34

Health Care Services

Name Address

Tandem Radiology, Llc

Telephone Distance (Miles)

4357 N 86th St Scottsdale Az (480) 474-4550 0.17

Ideal Health Concepts Llc 8324 E Montecito Ave Scottsdale Az (480) 945-3997 0.17

Therapy Owl Healthcare, Llc 8324 E Montecito Ave Scottsdale Az (480) 580-3997 0.17

Jeffrey A Lee 8580 E Sells Dr Scottsdale Az (480) 744-6653 0.18

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Hospitality

Name Address

Telephone Distance (Miles)

Happiness Accommodations, Llc 8420 E Mackenzie Dr Scottsdale Az (480) 970-1979 0.17

Rocky Point Property Network Llc 5055 N 83rd St Scottsdale Az (480) 686-2280 0.78

Sheraton Phoenix Downtown Hote 8133 E Osborn Rd Scottsdale Az (480) 570-4288 0.95

Courtyard Management Corporation 5201 N Pima Rd Scottsdale Az (480) 745-8200 1.01

Organizations / Associations

Name Address

Scottsdale Congregational United Church Of Christ

Telephone Distance (Miles)

4425 N Granite Reef Rd Scottsdale Az (480) 946-2900 0.14

Old Town Bible Church 4438 N 86th St Scottsdale Az (480) 707-3836 0.2

Bethany Lutheran Church Elca 4300 N 82nd St Scottsdale Az (480) 947-5525 0.37

The Wesleyan Church Corporation 4640 N Granite Reef Rd Scottsdale Az (480) 941-1783 0.37

Personal Services

Name Address

Telephone Distance (Miles)

Peak Fitness Vi Llc 4031 N 83rd St Scottsdale Az (480) 235-9652 0.48

Priority One Fitness Llc 8634 E Clarendon Ave Scottsdale Az (480) 584-3966 0.63

Scott Stuart Shogreen 7850 E Camelback Rd Scottsdale Az (480) 947-1281 0.78

Urban Burn Boot Camp Llc 5141 N 83rd St Scottsdale Az (602) 633-4348 0.87

Shopping

Name Address

Telephone Distance (Miles)

Blank Label, Llc 8321 E Roma Ave Scottsdale Az (623) 302-1850 0.22

American Roland Food Corp 8500 E Indian School Rd Scottsdale Az (480) 245-6713 0.33

Rock Star Auto Glass 4026 N 83rd St Scottsdale Az (480) 232-5554 0.49

Circle K Stores Inc. 8140 E Indian School Rd Scottsdale Az (480) 947-7320 0.54

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

8449 E TURNEY AVE

Owner Name : Akins Michael A

Sale Date : 04/15/2002

Total Value : $339,600

Bed / Bath : / 2

Land Use : Sfr

Stories : 1

Distance 0.02 Miles

Subdivision : Scottsdale Highlands

Recording Date : 05/15/2002

Sale Price  : $201,000

Property Tax : $1,867.86

Lot Acres : 0.24

Living Area : 1,470

Yr Blt / Eff Yr Blt : 1957 / APN : 173-57-036

8450 E MONTECITO AVE

Owner Name : Abpac Saguaro Properties Inc

Sale Date : 08/02/2021

Total Value : $379,000

Bed / Bath : / 2

Land Use : Sfr

Stories : 1

Distance 0.03 Miles

Subdivision : Scottsdale Highlands

Recording Date : 08/13/2021

Sale Price  : $830,000

Property Tax : $2,189.40

Lot Acres : 0.22

Living Area : 2,073

Yr Blt / Eff Yr Blt : 1959 / APN : 173-57-031

8502 E TURNEY AVE

Owner Name : Atkinson James G

Sale Date : 05/13/2021

Total Value : $343,600

Bed / Bath : / 2

Land Use : Sfr

Stories : 1

Distance 0.03 Miles

Subdivision : Scottsdale Highlands

Recording Date : 05/20/2021

Sale Price  : $802,500

Property Tax : $2,373.24

Lot Acres : 0.23

Living Area : 1,467

Yr Blt / Eff Yr Blt : 1958 / APN : 173-57-053

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

4337 N 84TH PL

Owner Name : Lydia Yanak

Sale Date : 02/12/2020

Total Value : $299,700

Bed / Bath : / 2

Land Use : Sfr

Stories : 1

Yr Blt / Eff Yr Blt : 1959 /

8519 E TURNEY AVE

Owner Name : Michl Terry L

Sale Date : 07/00/1986

Total Value : $305,800

Bed / Bath : / 2

Land Use : Sfr

Stories : 1

Yr Blt / Eff Yr Blt : 1958 /

Distance 0.04 Miles

Subdivision : Scottsdale Highlands

Recording Date : 02/14/2020

Sale Price  : $300,000

Property Tax : $1,894.22

Lot Acres : 0.19

Living Area : 1,379

APN : 173-57-034

Distance 0.05 Miles

Subdivision : Scottsdale Highlands

Recording Date : 08/28/1986

Sale Price  : $82,500

Property Tax : $1,684.30

Lot Acres : 0.21

Living Area : 1,428

APN : 173-57-040

8520 E TURNEY AVE Distance 0.05 Miles

Owner Name : Griffiths Family Trust

Sale Date : 11/24/2020

Total Value : $403,000

Bed / Bath : / 3

Subdivision : Scottsdale Highlands

Recording Date : 12/01/2020

Sale Price  : $625,000

Property Tax : $2,680.68

Land Use : Sfr Lot Acres : 0.23

Stories : 1 Living Area : 2,281

Yr Blt / Eff Yr Blt : 1958 / APN : 173-57-051

8513 E ROMA AVE

Owner Name : Haynes

Sale Date : 07/16/2013

Total Value : $480,200

Bed / Bath : / 4

Land Use : Sfr

Stories : 1

Distance 0.06 Miles

Subdivision : Scottsdale Highlands 2

Recording Date : 07/18/2013

Sale Price  : $400,000

Property Tax : $2,484.06

Lot Acres : 0.24

Living Area : 2,306

Yr Blt / Eff Yr Blt : 1959 / APN : 173-57-068

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

8432 E TURNEY AVE

Owner Name : Puryear W L & K A Living Trust

Sale Date : 10/31/1985

Total Value : $477,100

Bed / Bath : / 3

Land Use : Sfr

Stories : 1

Distance 0.06 Miles

Subdivision : Scottsdale Highlands 2

Recording Date : 10/31/1985

Sale Price  : $115,000

Property Tax : $2,629.12

Lot Acres : 0.47

Living Area : 2,544

Yr Blt / Eff Yr Blt : 1959 / APN : 173-57-063

8525 E ROMA AVE

Owner Name : Coppotelli Anne M

Sale Date : 06/16/2003

Total Value : $368,700

Bed / Bath : / 2

Land Use : Sfr

Stories : 1

Distance 0.07 Miles

Subdivision : Scottsdale Highlands 2

Recording Date : 06/27/2003

Sale Price  : $220,000

Property Tax : $2,064.78

Lot Acres : 0.22

Living Area : 1,877

Yr Blt / Eff Yr Blt : 1959 / APN : 173-57-070

8532 E TURNEY AVE

Owner Name : Johnson Richard P

Total Value : $357,300

Bed / Bath : / 2

Land Use : Sfr

Distance 0.08 Miles

Subdivision : Scottsdale Highlands

Property Tax : $1,920.44

Lot Acres : 0.21

Living Area : 1,541

Stories : 1 APN : 173-57-049

Yr Blt / Eff Yr Blt  : 1959 /

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Census Tract / block: 2171.02 / 2     Year: 2018

Household

Population Population by Age

Count: 3,039 0 - 11

Estimate Current Year: 2,985 12 - 17

Estimate in 5 Years: 2,778 18 - 24 5.96%

Growth Last 5 Years: 16.42% 25 - 64 64.03%

Growth Last 10 Years: -91.24% 65 - 74 6.48% 75+

Household Size

Household Income

Current Year: 1,393 0 - $25,000 11.7%

Average Current Year: 2.17 $25,000 - $35,000 4.45%

Estimate in 5 Years: 1,408 $35,000 - $50,000 5.46%

Growth Last 5 Years: 17.16% $50,000 - $75,000 25.63%

Growth Last 10 Years: 12.34% $75,000 - $100,000 14.57%

Male Population: 47.68% Above $100,000 38.19%

Female Population: 52.32% Average Household Income: $80,174

Married People: 38.02%

Unmarried People: 61.98%

Housing

Median Mortgage Payments Home Values

Under $300: 2.41% Below $100,000: 2.16%

$300 - $799: 36.72% $100,000 - $150,000: 5.46%

$800 - $1,999: 45.36% $150,000 - $200,000: 3.05%

Over $2,000: 15.5% $200,000 - $300,000: 22.36%

Median Home Value: $343,900 $300,000 - $500,000: 55.65%

Unit Occupied Owner: 56.5% Above $500,000: 11.31%

Median Mortgage: $1,083

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Rent Payments Year Built

Unit Occupied Renter: 43.5% 1999 - 2000

Median Gross Rent: $1,360 1995 - 1998

Less Than $499 3.63% 1990 - 1994

$500 - $749 0% 1980 - 1989 5.5%

$750 - $999 10.23% 1970 - 1979 22.75%

$1000 and Over 86.14% 1900 - 1969 54.71%

Education

Enrollment

Public Pre-Primary School: 0.35%

Not Enrolled in School: 82.59%

Private Pre-Primary School: 0.63% Not A High School Graduate: 3.61%

Public School: 14.62% Graduate Of High School: 11.84%

Private School: 2.8% Attended Some College: 21.97%

Public College: 5.24% College Graduate: 38.77%

Private College: 0.77% Graduate Degree: 23.81%

Workforce

Occupation:

Manager/Prof: 53.52% Private Worker: 71.46% Technical: Government Worker: 14.39%

Sales: 27.55% Self Employed Worker: 4.08%

Administrative: Unpaid Family Worker: 6.17%

Private House Hold: Farming: 4.72%

Service: 8.62% Skilled:

Protective Services: Blue-Collar: 10.31%

Commute Time

Less Than 15 Min: 39.41%

15 min - 28 min: 35.61%

30 min - 57 min: 22.86%

Over 60 min: 2.12%

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

Customer Name : Jeremiah Stiffler

Customer Company Name : First American Prepared On : 09/30/2022

PARCEL:  173-57-037

PARCEL: 173-57-037 2

SEARCH PARAMETERS

INSTRUMENT REC DATE

OWNER: SHELDON MICHAEL B/BETH A TR     2011 1014359 12/09/2011

SITUS: 8501 E TURNEY AVE SCOTTSDALE

8501 E TURNEY AVE  SCOTTSDALE, AZ 85251

74 -   23 LOT    37

SCOTTSDALE HIGHLANDS

RATE

PRIMARY  31,780

SECONDARY  8,370

2022  TAX AMT TAX DUE

INFORMATION THROUGH 09/23/2022

5.2590  481400  13802 30001

2.1333

2,349.28

DATE PAID

TOTAL DUE

FIRST HALF  1,174.64  1,174.64  0.00  1,174.64  SECOND HALF  1,174.64  1,174.64  0.00  1,174.64

TOTAL CURRENT TAXES DUE 09/22 2,349.28 10/22 2,349.28 (ESTIMATED)

RESIDENTIAL IMPROVEMENTS

BLDG SQFT  2,114

COOLING

REFRIGERATION YEAR BUILT  1958 EXTERIOR WALLS  PAINTED BLOCK

ROOF  ASPHALT SHINGLE

CONSTRUCTION CLASS  R4

PHYSICAL CONDITION

COVERED 1 LAND USE  01 41

LOT SIZE  9,937 SQ FT

SCHOOL DISTRICT  481400

LAND FULL CASH VALUE  83,700 IMPR FULL CASH VALUE 334,900

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 DESERT RIDGE

480.515 4369

20860 N. Tatum Blvd , #100 Phoenix, AZ 85050

NW corner of Tatum/Loop 101

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

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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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