41825 N Old Stage Rd digital homebook by PropertyResearchAZ

41825N.OldStageRoad CaveCreek,AZ85331

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RELYING ON EMAIL

ALONE

IS NO LONGER AN OPTION.

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DO NOT TRUST EMAILED INSTRUCTIONS

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ALTERNATIVE INSTRUCTIONS?

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Subject Property

41825 N Old Stage Rd

Cave Creek AZ 85331

APN: 211-01-032-A

Data Provided By:

First American Title Ins Co

Data Provided By:

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.

First

American Title Ins Co

Subject Property : 41825 N Old Stage Rd Cave Creek AZ 85331

Owner Information

Owner Name : Jeong Hyun Chul

Mailing Address : 41825 N Old Stage Rd, Cave Creek AZ 85331-7000 H014

Owner Occupied Indicator : O

Location Information

Legal Description : Com At Pt 30f E Of Sw Cor Of Sw4 Sw4 Ne4 Sec 17 Th N 387.43f To Tpob Th E 623.47f S 223.50f W 220f N 79d 59m W 269.50f Th N 38d 8m W 224.10f To Tpob

County : Maricopa, Az

School District : Cave Creek 93

Census Tract / Block : 304.02 / 1 Munic/Township : Cave Creek

Township-Range- Sect : 06N-04E-17

APN : 211-01-032-A

Last Market Sale Information

Recording/Sale Date : 04/30/2018 / 04/10/2018

Sale Price : $1,450,000

Document # : 325386

Title Company : Old Republic Title Agcy

Seller Name : Hammond Nicholas J & Jenna W

Prior Sale Information

Prior Rec/Sale Date : 05/23/2017 / 04/26/2017

Prior Sale Price : $505,000

Property Characteristics

Neighbor Code : 20-003

Deed Type : Warranty Deed

Price Per SqFt : $218.27

Prior Doc Number : 372463

Prior Deed Type : Warranty Deed

Gross Area : 6,643 Garage Capacity : 7 Patio Type : Covered Patio

Living Area : 6,643 Roof Material : Concrete Tile Pool : Pool

Year Built / Eff : 2016 Heat Type : Heated Air Cond : Refrigeration

# of Stories : 2

Cooling Type : Heated Bath Fixtures : 23

Parking Type : Garage Exterior wall : Frame/stucco Pool Size : 500

Property Information

Land Use : Sfr

Zoning : DR-70

Tax Information

Total Value : $1,213,200

Land Value : $242,600

Lot Acres : 2.70

Lot Size : 117,580

Assessed Year : 2022

Improve % : 80%

Tax Year : 2022

State Use : Single Fam Resrural Non Subd ( 4 )

Tax Rate Area : 932200

Market Value : $1,213,200

Current Assessed Year : 2024 Total

Improvement Value : $970,600

Taxable Value : $100,010

Total Value :

Property Tax : $4,967.60 Current Year

$299,060

Sales Analysis Criteria Subject Property Low High Average Sale Price $1,450,000 $3,000,000 $3,000,000 $3,000,000 Bldg/Living Area 6643 5753 5753 5753 Price Per Square Foot $218.27 $521 $521 $521.47 Year Built 2016 2006 2006 2006 Lot Size 117,580 217,844 217,844 217,844 Bedrooms Bathrooms 8 6 6 6 Stories 2 1 1 1 Total Assessed Value $1,213,200 $1,455,100 $1,455,100 $1,455,100 Distance From Subject 0 0.52 0.52 0.52 Customer Name : Lisa Mrazek Customer Company Name : First American Title Insurance Company Prepared On : 03/15/2024 © 2024 CoreLogic. All rights reserved

Details of Comparables

Subject Property: 41825 N Old Stage Rd Cave Creek Az 85331

Owner Name: Jeong Hyun Chul / APN / Alternate APN: 211-01-032-A / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: / Lot Size: 117,580 Year Built / Eff: 2016 /

Date / Price: 04/30/2018 / $1,450,000 Living Area: 6,643 # of units:

Document #: 325386

#1 41111 N 54th St Cave Creek Az 85331

Pool

Owner Name: Mi Llc / APN / Alternate APN: 211-01-036-B / Deed Type: Warranty Deed Land Use: Sfr

Subdivision / Tract: / Lot Size: 217,844 Year Built / Eff: 2006 / Rec. Date / Price: 04/20/2023 / $3,000,000 Living Area: 5,753 # of units: Document #: 203103 Bedrooms: Pool: Pool Total

Rec.

Bedrooms: Pool:

Total Tax Value: $1,213,200 Bath(F/H):

Tax Value:

$1,455,100 Bath(F/H): /

Subject Property : 41825 N Old Stage Rd Cave Creek AZ 85331 Customer Name : Lisa Mrazek Customer Company Name : First American Title Insurance Company Prepared On : 03/15/2024 © 2024 CoreLogic. All rights reserved

41825 N OLD STAGE RD Distance 0.02 Miles

Owner Name : Jeong Hyun Chul

Sale Date : 12/14/2016

Total Value : $3,760

Land Use : Residential (nec)

Recording Date : 12/14/2016

Sale Price : $700,000

Property Tax : $14.92

Lot Acres : 0.36

APN : 211-01-032-C

41777 N OLD STAGE RD Distance 0.04 Miles

Owner Name : Davies Bob & Tracy Fam Trust

Yr Blt / Eff Yr Blt : 2000 /

Total Value : $601,600 Property Tax : $2,831.18

Bed / Bath : / 4 Lot Acres : 2.88

Land Use : Sfr Living Area : 2,416

Stories : 1 APN : 211-01-032-B

41847 N OLD STAGE RD Distance 0.07 Miles

Owner Name : Home-burtis Trust

Sale Date : 03/03/2014

Total Value : $1,006,300

Bed / Bath : / 4

Recording Date : 04/25/2014

Sale Price : $845,000

Property Tax : $2,236.62

Lot Acres : 5.55

Land Use : Sfr Living Area : 4,143

Stories : 1 APN : 211-01-033-A

Yr Blt / Eff Yr Blt : 1997 /

41755 N OLD STAGE RD Distance 0.09 Miles

Owner Name : Cotter Michael

Sale Date : 05/17/2022

Total Value : $935,100

Bed / Bath : / 3

Land Use : Sfr

Recording Date : 05/31/2022

Sale Price : $1,900,000

Property Tax : $2,656.38

Lot Acres : 3.74

Living Area : 3,722

Stories : 1 APN : 211-01-064

Yr Blt / Eff Yr Blt : 1994 /

41902 N OLD STAGE RD Distance 0.12 Miles

Owner Name : Powers George D Jr Recording Date : 04/06/2007

Sale Date : 04/02/2007

Sale Price : $1,550,000

Total Value : $1,059,300 Property Tax : $3,202.48

Bed / Bath : / 4

Lot Acres : 3.00

Land Use : Sfr Living Area : 4,185

Stories : 1 APN : 211-01-005-U

Yr Blt / Eff Yr Blt : 2000 /

41814 N OLD STAGE RD Distance 0.13 Miles

Owner Name : Stewart Mark Recording Date : 06/08/2022

Sale Date : 05/09/2022

Total Value : $1,026,200

Bed / Bath : / 5

Land Use : Sfr

Sale Price : $1,975,000

Property Tax : $4,689.44

Lot Acres : 4.37

Living Area : 4,425

Stories : 2 APN : 211-01-005-Y

Yr Blt / Eff Yr Blt : 2014 /

41620 N OLD STAGE RD Distance 0.13 Miles

Owner Name : Haley Clark Recording Date : 10/02/2023

Sale Date : 09/20/2023

Total Value : $461,800

Bed / Bath : / 3

Land Use : Sfr

Sale Price : $950,000

Property Tax : $1,540.08

Lot Acres : 2.69

Living Area : 1,378

Stories : 1 APN : 211-01-012-V

Yr Blt / Eff Yr Blt : 2017 /

Census Tract / block: 304.02 / 1 Year: 2020 Household Population Population by Age Count: 4,042 0 - 11 Estimate Current Year: 3,598 12 - 17 Estimate in 5 Years: 2,259 18 - 24 2.18% Growth Last 5 Years: -5.81% 25 - 64 48.22% Growth Last 10 Years: -86.57% 65 - 74 21.43% 75+ Household Size Household Income Current Year: 1,891 0 - $25,000 14.23% Average Current Year: 2.14 $25,000 - $35,000 7.99% Estimate in 5 Years: 904 $35,000 - $50,000 6.45% Growth Last 5 Years: -0.95% $50,000 - $75,000 16.98% Growth Last 10 Years: 12.72% $75,000 - $100,000 11.05% Male Population: 46.14% Above $100,000 43.31% Female Population: 53.86% Average Household Income: $84,798 Married People: 58.76% Unmarried People: 41.24% Housing Median Mortgage Payments Home Values Under $300: 1.3% Below $100,000: 6.89% $300 - $799: 29.11% $100,000 - $150,000: 0% $800 - $1,999: 31% $150,000 - $200,000: 4.89% Over $2,000: 38.6% $200,000 - $300,000: 2.47% Median Home Value: $661,400 $300,000 - $500,000: 20.98% Unit Occupied Owner: 89.74% Above $500,000: 64.76% Median Mortgage: $1,708 Customer Name : Lisa Mrazek Customer Company Name : First American Title Insurance Company Prepared On : 03/15/2024 © 2024 CoreLogic. All rights reserved

Rent Payments Year Built Unit Occupied Renter: 10.26% 1999 - 2000 Median Gross Rent: $1,319 1995 - 1998 Less Than $499 0% 1990 - 1994 $500 - $749 5.15% 1980 - 1989 15.06% $750 - $999 35.05% 1970 - 1979 12.49% $1000 and Over 59.79% 1900 - 1969 12.53% Education Enrollment Public Pre-Primary School: 0.5% Not Enrolled in School: 88.23% Private Pre-Primary School: 0% Not A High School Graduate: 4.06% Public School: 10.14% Graduate Of High School: 18.18% Private School: 1.62% Attended Some College: 21.83% Public College: 1.65% College Graduate: 32.07% Private College: 0.52% Graduate Degree: 23.85% Workforce Occupation: Manager/Prof: 36.49% Private Worker: 61.01% Technical: Government Worker: 6.6% Sales: 29.41% Self Employed Worker: 11.38% Administrative: Unpaid Family Worker: 18.46% Private House Hold: Farming: 9.36% Service: 20.48% Skilled: Protective Services: Blue-Collar: 13.62% Commute Time Less Than 15 Min: 31.69% 15 min - 28 min: 21.93% 30 min - 57 min: 25.27% Over 60 min: 21.1% Customer Name : Lisa Mrazek Customer Company Name : First American Title Insurance Company Prepared On : 03/15/2024 © 2024 CoreLogic. All rights reserved

Subject Property

41825 N Old Stage Rd

Cave Creek AZ 85331

APN: 211-01-032-C

Data Provided By:

First American Title Ins Co

Data Provided By:

Disclaimer

First

American Title Ins Co

Subject Property : 41825 N Old Stage Rd Cave Creek AZ 85331

Owner Information

Owner Name : Jeong Hyun Chul

Mailing Address : 41825 N Old Stage Rd, Cave Creek AZ 85331-7000 H014

Owner Occupied Indicator : O

Location Information

Legal Description : Sw4 Sw4 Ne4 Sec 17 Ex N 250f Th/of & Ex W 30f Rd & Ex Any Pt Des P/f 98-0491568 & 98-0503098

County : Maricopa, Az

Census Tract / Block : 304.02 / 1

Township-Range- Sect : 06N-04E-17

APN : 211-01-032-C

Last Market Sale Information

School District : Cave Creek 93

Munic/Township : Cave Creek

Neighbor Code : 20-003

Recording/Sale Date : 12/14/2016 / 12/14/2016 1st Mtg Amount/Type : $629,250 / Va

Sale Price : $700,000 1st Mtg Document # : 922271

Document # : 922270 1st Mtg Term : 30

Deed Type : Warranty Deed

Title Company : First American Title

Lender : Goldwater Bk Na

Seller Name : Red Moon Homes Inc

Prior Sale Information

Prior Rec/Sale Date : 11/25/2015 / 10/29/2015

Prior Sale Price : $11,063

Property Information

Land Use : Residential (nec)

Zoning : DR-70

Lot Acres : 0.36

Lot Size : 15,594

Prior Doc Number : 843910

Prior Deed Type : Warranty Deed

State Use : Orphan Parcels W/rd Zoning

Customer

Tax Information

Total Value : $3,760

Land Value : $3,760

Total Taxable Value : $300

Assessed Year : 2022

Tax Year : 2022

Property Tax : $14.92

Tax Rate Area : 932200

Market Value : $3,760

Current Assessed Year : 2024

Current Year Total Value : $1,611

Sales Analysis Criteria Subject Property Low High Average Sale Price $700,000 $475,000 $2,960,000 $1,117,688 Bldg/Living Area 720 720 720 Price Per Square Foot $1,597 $1,597 $1,597.22 Year Built 1980 1980 1980 Lot Size 15,594 2,103 995,677 86,111 Bedrooms Bathrooms Stories 1 1 1 Total Assessed Value $3,760 $40,600 $512,300 $135,665 Distance From Subject 0 1.58 4.43 3.68 Summary of Comparables # Address Sale Price Total Assessed Value Sale Date Bed Bath Living Area Lot Size Year Built Dist (Miles) Zoning S 41825 N Old Stage Rd 700,000 3,760 12/14/2016 15,594 DR-70 1 6419 E Willow Springs Ln 2,960,000 239,300 03/20/2023 198,105 1.58 DR-190 2 38500 N School House Rd # 60 898,900 93,200 02/15/2024 4,463 2.52 TCC 3 38557 N School House Rd 1,150,000 512,300 08/28/2023 720 995,677 1980 2.54 DR-89 4 7400 E Aribiome Ct 1,832,209 167,400 12/22/2023 46,327 3.57 R1-35 5 7402 E Aribiome Ct # 1 2,671,368 233,400 12/15/2023 83,004 3.58 R1-35 6 7403 E Aribiome Ct 1,944,455 219,900 12/06/2023 80,723 3.66 R1-35 7 35903 N Prickley Pear Rd 475,000 304,400 10/09/2023 144,549 3.82 DR-89 8 1 Easy St # 1 920,269 40,600 06/23/2023 2,509 3.92 C 9 1 Easy St # 2 745,636 40,600 06/23/2023 2,225 3.92 C 10 1 Easy St # 24 720,953 40,600 11/13/2023 2,508 3.94 C 11 1 Easy St # 23 752,715 40,600 11/09/2023 2,212 3.94 C Customer Name : Lisa Mrazek Customer Company Name : First American Title Insurance Company Prepared On : 03/15/2024 © 2024 CoreLogic. All rights reserved

12 1 Easy St # 22 690,551 40,600 01/17/2024 2,103 3.94 C 13 1 Easy St # 21 859,935 40,600 12/28/2023 2,452 3.95 C 14 1 Easy St # 25 763,051 40,600 02/23/2024 2,655 3.95 C 15 1 Easy St # 20 762,305 40,600 08/21/2023 2,643 3.96 C 16 1 Easy St # 19 799,046 40,600 09/22/2023 2,343 3.96 C 17 1 Easy St # 14 760,618 40,600 10/26/2023 2,175 3.98 C 18 1 Easy St # 13 629,747 40,600 10/23/2023 2,743 3.99 C 19 6205 E Hidden Canyon Rd 1,505,000 245,900 04/19/2023 70,120 4.41 RURAL-70 20 7657 E Nonchalant Ave 512,000 250,900 11/15/2023 72,675 4.43 RURAL-70 Distressed Sales = Map Customer Name : Lisa Mrazek Customer Company Name : First American Title Insurance Company Prepared On : 03/15/2024 © 2024 CoreLogic. All rights reserved

Details of Comparables

Subject Property: 41825 N Old Stage Rd Cave Creek Az 85331

Owner Name: Jeong Hyun Chul / APN / Alternate APN: 211-01-032-C / Deed Type: Warranty Deed

Subdivision / Tract: / Lot Size: 15,594

Rec. Date / Price: 12/14/2016 / $700,000 Living Area:

Document #: 922270

Bedrooms:

Bath(F/H): /

#1 6419 E Willow Springs Ln Cave Creek Az 85331

Owner Name: Carriere Scott / APN / Alternate APN: 216-16-046 / Deed Type: Warranty Deed

Land Use: Residential (nec)

Year Built / Eff: /

# of units:

Pool:

Land Use: Residential (nec)

Subdivision / Tract: Willow Spgs Estates / Lot Size: 198,105 Year Built / Eff: /

Rec. Date / Price: 03/20/2023 / $2,960,000 Living Area:

Document #: 139047

Bedrooms:

#2 38500 N School House Rd # 60 Cave Creek Az 85331

Owner Name: Johnson Terri L / APN / Alternate APN: 211-13-354 / Deed Type: Warranty Deed

Subdivision / Tract: Galloway Ridge / Lot Size: 4,463

Rec. Date / Price: 02/15/2024 / $898,900 Living Area:

Document #: 76552

# of units:

Pool:

Land Use: Residential (nec)

Year Built / Eff: /

# of units:

Bedrooms: Pool:

Total Tax Value: $93,200 Bath(F/H): /

#3 38557 N School House Rd Cave Creek Az 85331

Owner Name: Andrews Holdings Llc / APN / Alternate APN: 216-11-006-D / Deed Type: Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: / Lot Size: 995,677

Rec. Date / Price: 08/28/2023 / $1,150,000 Living Area: 720

Document #: 448797

Bedrooms:

Total Tax Value: $512,300 Bath(F/H): /

#4 7400 E Aribiome Ct Carefree Az 85377

Year Built / Eff: 1980 /1980

# of units:

Pool:

Owner Name: Kropp Kimberly J Trust / APN / Alternate APN: 216-23-081 / Deed Type: Special Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: Aribiome / Lot Size: 46,327

Rec. Date / Price: 12/22/2023 / $1,832,209 Living Area:

Document #: 651723

Year Built / Eff: /

# of units:

Bedrooms: Pool:

Total Tax Value: $3,760

Total Tax Value: $239,300 Bath(F/H):

Name : Lisa Mrazek

Total Tax Value: $167,400 Bath(F/H):

Customer

#5 7402 E Aribiome Ct # 1 Carefree Az 85377

Owner Name: Aribiome Hoa Inc / APN / Alternate APN: 216-23-077 / Deed Type: Special Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: Aribiome / Lot Size: 83,004 Year Built / Eff: /

Rec. Date / Price: 12/15/2023 / $2,671,368 Living Area: # of units: Document #: 638782 Bedrooms: Pool:

#6 7403 E Aribiome Ct Carefree Az 85377

Owner Name: Rangus Kristofer / APN / Alternate APN: 216-23-079 / Deed Type: Special Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: Aribiome / Lot Size: 80,723 Year Built / Eff: /

Rec. Date / Price: 12/06/2023 / $1,944,455 Living Area: # of units: Document #: 622647 Bedrooms: Pool:

#7 35903 N Prickley Pear Rd Cave Creek Az 85331

Owner Name: Van Horn Ryan /Van Horn Kindra

APN / Alternate APN: 211-13-174 / Deed Type: Warranty Deed Land Use: Residential (nec)

Subdivision

10/09/2023 / $475,000

#8 1 Easy St # 1 Carefree Az 85377

Owner Name: Rief Manuela Trust / APN / Alternate APN: 216-88-373 / Deed Type: Special Warranty Deed Land Use: Residential (nec) Subdivision / Tract:

#9 1 Easy St # 2 Carefree Az 85377

Owner Name: Rief Manuela Trust /

Value:

Total Tax

$233,400 Bath(F/H): /

Tax Value: $219,900

Total

Bath(F/H): /

Lot

Document

Bedrooms: Pool: Total Tax Value: $304,400 Bath(F/H):

/ Tract: Canyon Ridge Estates /

Size: 144,549 Year Built / Eff: / Rec. Date / Price:

Living Area:

of units:

#: 525511

View Carefree Condo / Lot Size: 2,509 Year Built / Eff: /

Living

units: Document

Bedrooms: Pool: Total Tax Value: $40,600 Bath(F/H): /

Rec. Date / Price: 06/23/2023 / $920,269

Area:

#: 327606

APN

Tract: View Carefree Condo / Lot Size: 2,225 Year Built / Eff: /

Price:

Living

units: Document #:

Bedrooms: Pool: Total Tax Value: $40,600 Bath(F/H): / Customer Name : Lisa Mrazek Customer Company Name : First American Title Insurance Company Prepared On : 03/15/2024 © 2024 CoreLogic. All rights reserved

/ Alternate APN: 216-88-374 / Deed Type: Special Warranty Deed Land Use: Residential (nec) Subdivision /

Rec. Date /

06/23/2023 / $745,636

Area:

327631

#10 1 Easy St # 24 Carefree Az 85377

Owner Name: Kennedy Family Trust / APN / Alternate APN: 216-88-396 / Deed Type: Special Warranty Deed Land Use: Residential (nec) Subdivision / Tract: View Carefree

#11 1 Easy St # 23 Carefree Az 85377

Owner Name: Kelm Eric W / APN / Alternate APN: 216-88-395 / Deed Type: Special Warranty Deed Land Use: Residential (nec) Subdivision / Tract: View Carefree

#12 1 Easy St # 22 Carefree Az 85377

Owner Name: Jackson Noell R / APN / Alternate APN: 216-88-394 / Deed Type: Special Warranty Deed Land Use: Residential (nec) Subdivision / Tract: View Carefree

#13 1 Easy St # 21 Carefree Az 85377

Owner Name: Giebel Gregory W /Giebel

#14 1 Easy St # 25 Carefree Az 85377

Owner Name: Tilts Brandon J /Tilts Dawn O APN / Alternate APN: 216-88-397 / Deed Type: Special Warranty Deed Land Use: Residential (nec) Subdivision / Tract: View Carefree

Bedrooms: Pool: Total Tax Value: $40,600 Bath(F/H):

Condo / Lot Size: 2,508 Year Built / Eff: / Rec. Date / Price: 11/13/2023 / $720,953 Living Area:

of units: Document #: 585948

Pool:

Tax Value: $40,600 Bath(F/H):

Condo / Lot Size: 2,212 Year Built / Eff: / Rec. Date / Price: 11/09/2023 / $752,715 Living Area:

of units: Document #: 581516 Bedrooms:

Total

Bedrooms: Pool:

Tax Value: $40,600 Bath(F/H):

Condo / Lot Size: 2,103 Year Built / Eff: / Rec. Date / Price: 01/17/2024 / $690,551 Living Area:

of units: Document #: 25850

Total

Pool:

Tax Value: $40,600 Bath(F/H):

Patti APN / Alternate APN: 216-88-393 / Deed Type: Special Warranty Deed Land Use: Residential (nec) Subdivision / Tract: View Carefree Condo / Lot Size: 2,452 Year Built / Eff: / Rec. Date / Price: 12/28/2023 / $859,935 Living Area:

of units: Document #: 658629 Bedrooms:

Total

Living

units:

Pool: Total Tax Value: $40,600 Bath(F/H):

Condo / Lot Size: 2,655 Year Built / Eff: / Rec. Date / Price: 02/23/2024 / $763,051

Area:

Document #: 93083 Bedrooms:

#15 1 Easy St # 20 Carefree Az 85377

Owner Name: Bachman Thomas E /Blasiar-jones Mary K

APN / Alternate APN: 216-88-392 / Deed Type: Special Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: View Carefree Condo / Lot Size: 2,643 Year Built / Eff: /

Rec. Date / Price: 08/21/2023 / $762,305 Living Area: # of units: Document #: 436041 Bedrooms: Pool:

#16 1 Easy St # 19 Carefree Az 85377

Owner Name: Manuals Rio Trust / APN / Alternate APN: 216-88-391 / Deed Type: Special Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: View Carefree Condo / Lot Size: 2,343 Year Built / Eff: /

Rec. Date / Price: 09/22/2023 / $799,046 Living Area: # of units: Document #: 496409 Bedrooms: Pool:

#17 1 Easy St # 14 Carefree Az 85377

Owner Name: Pavlovic Zeljko Trust /Kinzelmann Irene Trust

APN / Alternate APN: 216-88-386 / Deed Type: Special Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: View Carefree Condo / Lot Size: 2,175 Year Built / Eff: /

Rec. Date / Price: 10/26/2023 / $760,618 Living Area:

557496

#18 1 Easy St # 13 Carefree Az 85377

Owner Name: Pfleiderer Famil Trust / APN / Alternate APN: 216-88-385 / Deed Type: Special Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: View Carefree Condo / Lot Size: 2,743

Rec. Date / Price: 10/23/2023 / $629,747

Document #: 549629

Year Built / Eff: /

Living Area: # of units:

Bedrooms: Pool:

#19 6205 E Hidden Canyon Rd Cave Creek Az 85331

Owner Name: Blackburn Jason L /Blackburn Jenny A

APN / Alternate APN: 211-28-121 / Deed Type: Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: Carefree Foothills / Lot Size: 70,120

Year Built / Eff: /

Rec. Date / Price: 04/19/2023 / $1,505,000 Living Area: # of units:

Document #: 199456 Bedrooms: Pool:

Value:

Total Tax

$40,600 Bath(F/H): /

Tax Value: $40,600

Total

Bath(F/H): /

# of units: Document #:

Bedrooms: Pool: Total Tax Value: $40,600 Bath(F/H):

Total Tax Value: $40,600 Bath(F/H):

Value:

Total Tax

$245,900 Bath(F/H): / Customer

#20 7657 E Nonchalant Ave Carefree Az 85377

Owner Name: Hoonsbeen Paul /Hoonsbeen Reyna

APN / Alternate APN: 216-83-106 / Deed Type: Warranty Deed Land Use: Residential (nec)

Subdivision / Tract: Carefree Arizona / Lot Size: 72,675

Rec. Date / Price: 11/15/2023 / $512,000 Living Area:

Document #: 588917

Bedrooms:

Year Built / Eff: /

# of units:

Pool:

Total Tax Value: $250,900 Bath(F/H): / Customer

: Lisa Mrazek

Name

Customer

41825 N OLD STAGE RD

Owner Name : Jeong Hyun Chul

Sale Date : 04/10/2018

Total Value : $1,213,200

Bed / Bath : / 8

Land Use : Sfr

Stories : 2

Yr Blt / Eff Yr Blt : 2016 /

41847 N OLD STAGE RD

Distance 0.02 Miles

Recording Date : 04/30/2018

Sale Price : $1,450,000

Property Tax : $4,967.60

Lot Acres : 2.70

Living Area : 6,643

APN : 211-01-032-A

Distance 0.04 Miles

Owner Name : Home-burtis Trust Recording Date : 04/25/2014

Sale Date : 03/03/2014

Total Value : $1,006,300

Bed / Bath : / 4

Land Use : Sfr

Stories : 1

Yr Blt / Eff Yr Blt : 1997 /

41777 N OLD STAGE RD

Owner Name : Davies Bob & Tracy Fam Trust

Total Value : $601,600

Bed / Bath : / 4

Land Use : Sfr

Stories : 1

41902 N OLD STAGE RD

Owner Name : Powers George D Jr

Sale Date : 04/02/2007

Total Value : $1,059,300

Bed / Bath : / 4

Land Use : Sfr

Stories : 1

Yr Blt / Eff Yr Blt : 2000 /

Sale Price : $845,000

Property Tax : $2,236.62

Lot Acres : 5.55

Living Area : 4,143

APN : 211-01-033-A

Yr Blt / Eff Yr Blt : 2000 /

Distance 0.05 Miles

Property Tax : $2,831.18

Lot Acres : 2.88

Living Area : 2,416

APN : 211-01-032-B

Distance 0.1 Miles

Recording Date : 04/06/2007

Sale Price : $1,550,000

Property Tax : $3,202.48

Lot Acres : 3.00

Living Area : 4,185

APN : 211-01-005-U

Customer

41755 N OLD STAGE RD Distance 0.11 Miles

Owner Name : Cotter Michael

Sale Date : 05/17/2022

Total Value : $935,100

Bed / Bath : / 3

Land Use : Sfr

Recording Date : 05/31/2022

Sale Price : $1,900,000

Property Tax : $2,656.38

Lot Acres : 3.74

Living Area : 3,722

Stories : 1 APN : 211-01-064

Yr Blt / Eff Yr Blt : 1994 /

41814 N OLD STAGE RD Distance 0.13 Miles

Owner Name : Stewart Mark

Sale Date : 05/09/2022

Total Value : $1,026,200

Bed / Bath : / 5

Land Use : Sfr

Recording Date : 06/08/2022

Sale Price : $1,975,000

Property Tax : $4,689.44

Lot Acres : 4.37

Living Area : 4,425

Stories : 2 APN : 211-01-005-Y

Yr Blt / Eff Yr Blt : 2014 /

42016 N 54TH ST Distance 0.13 Miles

Owner Name : Alder Dirk C

Sale Date : 07/06/2023

Total Value : $596,100

Bed / Bath : / 3

Land Use : Sfr

Recording Date : 07/06/2023

Sale Price : $1,199,000

Property Tax : $1,751.40

Lot Acres : 5.08

Living Area : 3,075

Yr Blt / Eff Yr Blt : 1968 / APN : 211-01-023-C

Subdivision : Gila & Salt River Base & Merid

PARCEL: 211-01-032A

PARCEL: 211-01-032C

PARCEL: 211-01-032A 4

SEARCH PARAMETERS

INSTRUMENT REC DATE

OWNER: JEONG CHUL 2018 325386 04/30/2018

SITUS: 41825 N OLD STAGE RD CAVE CREEK

MAIL: 41825 N OLD STAGE RD CAVE CREEK AZ 85331

SECTION: 17 TWP 6N RNG 4E

LEGAL: COM AT PT 30F E OF SW COR OF SW4 SW4 NE4 SEC 17 TH N 387.43F TO TPOB TH E 623.47F S 223.50F W 220F N 79D 59M W 269.50F TH N 38D 8M W 224.10F TO TPOB

CURRENT TAXES

INFORMATION THROUGH 03/08/2024

+ FIRST AMERICAN TITLE, FC0, LMRA MARICOPA, AZ 03/15/2024 11:27AM RL13 INVESTIGATIVE SEARCH RESULTS PAGE 1 OF 2

LAND IMPR EXEMPT RATE AREA SPECIAL DISTRICTS PRIMARY 105,010 0 0 3.6449 932200 30001 SECONDARY 32,550 130,200 0 1.1810 2023 TOTAL TAX BILLED 5,067.66 2023 TAX AMT TAX DUE INTEREST DATE PAID TOTAL DUE FIRST HALF 2,533.83 0.00 0.00 09/21/2023 0.00 SECOND HALF 2,533.83 0.00 0.00 09/21/2023 0.00 TOTAL CURRENT TAXES DUE 03/24 0.00 04/24 0.00 RESIDENTIAL IMPROVEMENTS BLDG SQFT 6,643 COOLING REFRIGERATION YEAR BUILT 2016 EXTERIOR WALLS OTHER NUMBER OF STORIES ROOF OTHER NUMBER OF ROOMS CONSTRUCTION CLASS R4 NUMBER OF BATH FIXTURES 23 PHYSICAL CONDITION OTHER PATIO (TYPE AND NUMBER) COVERED 1 LAND USE 01 44 GARAGE (TYPE AND NUMBER) GARAGE 7 LOT SIZE 2.699 ACRES POOL SQ FT 500 SCHOOL DISTRICT 932200 HEATING LAND FULL CASH VALUE 325,500 IMPR FULL CASH VALUE 1,302,000 SALES SALE DATE SALE AMOUNT INSTRUMENT TYPE SELLER NAME VALIDITY 04/30/2018 1,450,000 2018 325386 WD HAMMOND NICHOLAS J & JENNA 12/14/2016 700,000 2016 922270 WD RED MOON HOMES INC M 12/28/2012 74,900 2012 1185163 SD BMO HARRIS BANK NA ADDITIONAL PROPERTY INFORMATION STANDARD LAND USE: SFR

PARCEL: 211-01-032C 2

INSTRUMENT REC DATE

OWNER: JEONG HYUN CHUL 2018 325386 04/30/2018

SITUS: 41825 N OLD STAGE RD CAVE CREEK

MAIL: 41825 N OLD STAGE RD

CAVE CREEK, AZ 85331

SECTION: 17 TWP 6N RNG 4E

LEGAL: SW4 SW4 NE4 SEC 17 EX N 250F TH/OF & EX W 30F RD & EX ANY PT DES P/F 98-0491568 & 98-0503098

INFORMATION THROUGH 03/08/2024

END SEARCH

+ FIRST AMERICAN TITLE, FC0, LMRA MARICOPA, AZ 03/15/2024 11:27AM RL13 INVESTIGATIVE SEARCH RESULTS PAGE 2 OF 2

CURRENT TAXES

LAND IMPR EXEMPT RATE AREA SPECIAL DISTRICTS PRIMARY 315 0 0 3.6449 932200 30001 SECONDARY 836 0 0 1.1810 2023 TOTAL TAX BILLED 15.20 2023 TAX AMT TAX DUE INTEREST DATE PAID TOTAL DUE FIRST HALF 15.20 0.00 0.00 09/21/2023 0.00 SECOND HALF 0.00 0.00 0.00 0.00 TOTAL CURRENT TAXES DUE 03/24 0.00 04/24 0.00 IMPROVEMENTS LAND USE 88 05 LAND FULL CASH VALUE 5,576 LOT SIZE 15,594 SQ FT IMPROV FULL CASH VALUE 0 SCHOOL DISTRICT 932200 SALES SALE DATE SALE AMOUNT INSTRUMENT TYPE SELLER NAME VALIDITY 12/14/2016 700,000 2016 922270 WD RED MOON HOMES INC M 11/25/2015 11,063 2015 843910 WD CAMPAGNA JOHN J/ANNCHA C ADDITIONAL PROPERTY INFORMATION STANDARD LAND USE: VACANT LAND (NEC)

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to the Title & Escrow Process in Arizona Home Seller’s Guide

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 Your Escrow Number Your New Address City/State/Zip Real Estate Agent Name Email Assistant Email Company Phone Address Fax Insurance Previous Company Phone Previous Agent Policy No. New Company Phone New Agent Policy No. Home Warranty Company Policy No. First American Title Escrow Officer Email Escrow Assistant Email Address Phone City/State/Zip Fax 02 Quick Reference 03 Welcome 04 Benefits of Using a REALTOR ® 05 Key Professionals 06 Preparing Your Home for Sale 07 Staging Your Home for Show 09 Terms You Should Know 10 The Life of an Escrow 11 Closing Costs: Who Pays What 12 The Escrow Process 14 Understanding Title Insurance 16 Consider This 17 Closing Your Escrow 18 Planning Your Move Q uick Reference Table of Contents Utilities and Services

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.

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.

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.

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.

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.

AZ Sellers Guide | 3

On Us For Service

On Us For Stability

On Us For Convenience

On Us To Meet Your Needs

Count

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?

AZ Sellers Guide | 4

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.

AZ Sellers Guide | 5

PREPARING FOR SALE YOUR HOME

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:

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.

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.

AZ Sellers Guide | 6

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.

AZ Sellers Guide | 7

AZ Sellers Guide | 8

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

AZ Sellers Guide | 9

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.

AZ Sellers Guide | 10

Closing Costs: Who Pays What

AZ Sellers Guide | 11 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 17. Taxes PRORATE PRORATE PRORATE PRORATE 18. Tax Impounds BUYER BUYER BUYER 19. Tax Service Contract SELLER SELLER BUYER 20. Fire/Hazard Insurance BUYER BUYER BUYER BUYER 21 Flood Insurance BUYER BUYER BUYER 22. Homeowners Association (HOA) Transfer Fee BUYER or SELLER BUYER or SELLER BUYER or SELLER BUYER or SELLER 23. HOA/Disclosure Fee SELLER SELLER SELLER SELLER 24 Current HOA Payment PRORATE PRORATE PRORATE PRORATE 25. Next Month’s HOA Payment BUYER BUYER BUYER BUYER 26. Home Warranty Premium (negotiable) BUYER or SELLER BUYER or SELLER BUYER or SELLER BUYER or SELLER 27. REALTORS®’ Commissions SELLER SELLER SELLER SELLER 28. EAGLE Homeowners Title Policy SELLER SELLER SELLER SELLER 29. Lenders Title Policy and Endorsements BUYER BUYER BUYER 30. Escrow Fee (NOTE: Charge seller on VA Loan) SPLIT SPLIT SELLER SPLIT 31. Recording Fees (Flat rate) SPLIT SPLIT SPLIT SPLIT 32. Reconveyance/Satisfaction Fee SELLER SELLER SELLER SPLIT 33. Courier/Express Mail Fees SPLIT SPLIT SELLER SPLIT THIS CHART INDICATES WHO CUSTOMARILY PAYS WHAT COSTS Note: Prorated items will appear on Closing Statement as charges for one and credits for the other.

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.

AZ Sellers Guide | 12

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

AZ Sellers Guide | 13

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.

AZ Sellers Guide | 14

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

Compare First American’s Eagle Policy® for Owners

21 Post-policy prescriptive easement

22 Covenant violation resulting in your title reverting to a previous owner

23 Violation of building setback regulations

24 Discriminatory covenants

Other benefits:

25 Pays rent for substitute land or facilities

26 Rights under unrecorded leases

27 Plain language statements of policy coverage and restrictions

28 Compliance with Subdivision Map Act

29 Coverage for boundary wall or fence encroachment*

30 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 coverage 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.

AZ Sellers Guide | 15

EAGLE ALTA Standard or CLTA

12 Unrecorded easements

Building

permit violations*

Restrictive covenant violations

Post-policy forgery

Post-policy encroachment

Post-policy damage from extraction of minerals or water

Lack of vehicular and pedestrian access

Map not consistent with legal description

Post-policy adverse possession

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.

AZ Sellers Guide | 16

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.

AZ Sellers Guide | 17

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.

AZ Sellers Guide | 18

Your Notes:

AZ Sellers Guide | 19

Your Notes:

AZ Sellers Guide | 20

Your Notes:

AZ Sellers Guide | 21

623.299.3644

13940

623.537.1608

20241

623.551.3265

39508

480.515

480.575.6609

7202

480.551.0480

6263

480.563.9034

18291

480.777.0051

2121

6877

First American Title Branch Locator

1 4 3 2 6 12 10 5 8 7 11 9 CRISMON SIGNAL BUTTE GOLDFIELD OLDWESTHWY SKINGSRANCH

Central Arizona

SUN CITY WES

W. Meeker Blvd, #119

Sun City West, AZ 85375

Meeker

N of

Blvd W of R.H. Johnson

THE LEGENDS

N. 67th Ave, #A-2

Glendale, AZ 85308

side 67th Ave/N of 101

ANTHEM

Mountain Dr, #128

N. Daisy

Anthem, AZ 85086

corner Daisy Mtn Dr/Gavilan Peak Pkwy

TATUM RIDGE

4369

Blvd, #A150

11211 N Tatum

Phoenix, AZ 85028

of Shea, E side of Tatum

CAREFREE

E. Carefree Dr, Bldg 1, #1

Carefree,

85377

corner of Tom Darlington/Carefree Dr.

SCOTTSDALE FORUM

N. Scottsdale Rd, #110 Scottsdale, AZ 85250 E Side Scottsdale/S of Lincoln

DC CROSSING

N. Pima Rd, #145

Scottsdale, AZ 85255

corner of Pima/Legacy

CHANDLER PORTICO

W. Chandler Blvd., #215

Chandler,

85224

Corner Chandler Blvd./Dobson Rd.

GILBERT SAN TAN

E. Williams Field Rd. #101 Gilbert, AZ

corner of Williams Field Rd./Val Vista Rd.

480.777.0614 1528

85295 NW

MESA

S. Stapley Dr, #123 Mesa, AZ

N of Baseline / W of Stapley

480.401.3738 1630

85204

RED MOUNTAIN

N. Recker Rd, #103 Mesa,

480.534.3599 1135

AZ 85205

corner

Recker & Brown

GOLD CANYON

480.288.0883

South Kings Ranch Rd, #5 Gold Canyon, AZ 85118

of 60/South Side Kings Ranch Rd.

Sellers Guide | 22

05110280223 For more information please contact your First American representative. www.firstam.com 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. ©2023 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF