Understanding Real Estate Contracts and What You Can Expect to Find

There are a lot of things that go into the successful sale of your home, but many people are unfamiliar with the intricacies of the contract. Whether you consult with your real estate agent or plan on diving in on your own, it’s important to be clear on the terms. If you’re wondering what you can expect when it comes to the contract, here are some pointers on what to watch out for.

Real Estate Jargon

A real estate contract would not be complete without the professional terminology, so you’ll see words like amortization, price-to-income ratio and title that may impact the meaning of your contract. Instead of going it blind, search the Internet for terms or consult with your real estate agent to provide a clear explanation.

Specifics On The Sale

Information regarding the specifics of your property will be present in the contract, and it’s important to check this information before signing on the dotted line. While the address and location of your home are important, it’s also critical to verify the purchase price that has been decided upon, the closing date on the property and any other items that have been negotiated and agreed upon.

Be Aware Of Withdrawal Terms

It can be easy to be taken away by excitement once you’ve received the perfect offer on your home, but it’s important not to lose sight of everything that’s required before the sale has been finalized. One of the most important parts of the contract is the withdrawal terms that are laid out, so be certain you’re aware of what your rights are if you or the home buyer decides to withdraw from the process.

Watch For Seller’s Responsibilities

If you, as a seller, do not remain committed to the terms of the contract this can be a deal breaker, so ensure that you’ve familiarized yourself with exactly what’s required of you. This may include everything from the maintenance on the property to offer negotiations, so it’s important to comply with these terms.

Dealing with a real estate contract can be confusing for the layman, so it’s worth your while to have a trusted real estate agent around who will be able to explain it. From withdrawal terms to seller responsibilities, there are plenty of things you should be aware of before sealing the deal. If you’re currently embarking on selling your home, give me a call for professional representation – J.P. Cook – 602-320-4253.

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Sort by: Select Price, Low to High Price, High to Low Newer Listings First Older Listings First Open House Date

13616 W Ocotillo Road Glendale, AZ 85307

$1,119,000

4 Beds

4 Baths

3,940 SqFt

Status Active

MLS # 6773411

Property Type Single Family Residence

Price Type --

A UNIQUE find! Spectacular 4-bedroom home in the highly sought-after Luke Ranch Estates is a dream come true! Starting with a sided 2-car garage, RV garage, RV gate, striking stone accents, extended driveway, and a mature desert landscape. The home exudes elegance throughout! Attention to detail is evident in the plantation shutters that grace the windows, complemented by neutral paint, abundant natural light, archways, stylish light fixtures, dramatic high ceilings, and tasteful flooring - carpet & wood-look tile. You'll LOVE the formal dining room and a desirable great room paired with multi-sliding doors that effortlessly blend indoor & outdoor living! The gourmet kitchen boasts high-end SS appliances w/wall ovens, solid-surface counters, mosaic tile backsplash, & a huge 2-tier island This home is a former Model home. The walk-in pantry, wine rack, and a plethora of cabinetry ensure ample storage. The den provides versatility! The oversized owner's retreat promises a restful night's sleep, featuring a vaulted ceiling and a barn door that opens to the lavish ensuite with two vanities, a soaking tub, a tiled shower, & a sizable walk-in closet. The secondary bedrooms also include their own walk-in closets & private bathrooms. PLUS! As a bonus, this gem has an attached guest house with a bedroom, living area, & a kitchenette. Laundry room with a sink & cabinetry. Beyond the interiors, the RESORT-STYLE backyard holds its own charm! Designed for relaxing & entertaining, it showcases a covered patio, lush lawns, a firepit, well-laid pavers, and a sparkling pool for year-round enjoyment. This gem has it all. See it! Love it! Live it! Seller wants it SOLD!

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5729 E Star Valley Street Mesa, AZ 85215

New

$1,118,970

4 Beds

4.5 Baths

3,207 SqFt

Status Active

MLS # 6789612

Property Type Single Family Residence

Price Type --

Corner lot, completed home with front yard landscaping included! This stunning single-level property features 4 bedrooms, a den, 3.5 baths, 12' ceilings and an oversized 3-car garage on a spacious 9,100 sq. ft. lot. This south-facing backyard offers privacy with no neighbors behind and plenty of natural light. Highlights include a KitchenAid gourmet kitchen, regal white cabinets, wood tile plank throughout, highly desirable quartz countertops with thick 6cm edge, a wall of glass, an extended covered terrace, and a luxurious master bath with a freestanding tub and oversized shower. Located in a gated master-planned community with resort-style amenities: lap pool with beach entry, pickleball courts, fitness center and more. (model home photos)

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6073 E Brilliant Sky Drive Scottsdale, AZ 85266

$1,115,000

2 Beds

2 Baths

2,096 SqFt

Status Active

MLS # 6724323

Property Type Single Family Residence

Price Type --

6073 EAST BRILLIANT SKY DRIVE - TERRAVITA CAELUM 2 BEDROOM/2 BATH WITH 2 CAR GARAGE. SOUTH BACKYARD ON GOLF LOT. ARIZONA SUN THROUGH MULTIPLE WINDOWS! LARGE LOT HAS EXPANSION OPTIONS FOR CASITA OR THIRD GARAGE. Lovely entrance to a tiled open area. Great room, living room with entertainment wall and wall of niches and fireplace. Windows to open area/golf course. Double doors to patio. Breakfast nook and kitchen open to entire area. Breakfast nook is surrounded by windows for spectacular views. Kitchen has SS appliances, gas stove, microwave, granite counter and side area with additional cabinetry and counter. Primary bedroom again with lots of windows and double doors to patio. Plantation shutters. Bathroom has double vanities, walk-in shower, soaking tub. Floor Plan att Click Second bedroom is spacious with plantation shutters. Bath has single vanity and tub/shower combo. Additional closet and cabinetry in hallway. Laundry has cabinetry and counter space area. Backyard paradise: golf course lot and open for privacy; pool; paved, rock and grass with grass partially in yard and down side; covered patio; grill area. Perfect Arizona home for entertaining and luxury living.

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10707 E Tesla Avenue Mesa, AZ 85212

$1,115,000

6 Beds

4.5 Baths

5,045 SqFt

Status Active

MLS # 6781706

Property Type Single Family Residence

Price Type --

BLACK FRIDAY BLOW OUT PROMOTION!! Submit the Black Friday Coupon in the documents tab with your offer to receive $15,000 off the listed price!! All written offers must be submitted with the coupon by 11:59 pm on Sunday, December 1st to receive this promotion. NO EXCEPTIONS! FINALLY... AFFORDABLE LUXURY AT ITS FINEST!! BELOW APPRAISED VALUE! (Home was just appraised several weeks ago) Welcome to this stunning 6-bedroom, 4.5-bath home, offering over 5,000 sq.ft. of luxurious living space. Located in the highly sought-after Eastmark community, this home features nearly $200K in upgrades, creating the perfect blend of style, comfort, and functionality. As you approach, the desert landscaping enhances the home's curb appeal. Inside, you'll find tile flooring throughout the main level and a spacious open-concept design. The enormous kitchen is a chef's dream with a massive island, gas cooktop, dual in-wall ovens, and ample cabinets, plus a walk-in pantry and breakfast bar. A formal dining room and large family room provide plenty of space for entertaining. Upstairs, the bedrooms have highly upgraded carpets for comfort, and the oversized primary suite offers a spa-like en-suite bath and walk-in closet. A convenient downstairs ensuite bedroom is perfect for guests. Additional features include an oversized 3 car garage, a loft area, and walk-in closets in all secondary bedrooms. The resort-style backyard is an entertainer's paradise with a private pool, luxury spa, built-in BBQ, firepit, and two pergolas, all set amidst low-maintenance turf and gravel landscaping. Living in Eastmark offers access to parks, walking trails, amenities that are seconds to none, amazing schools, and a phenomenal connected community feel. Ask us about our luxury listing video we did for this house and community. This home offers luxury living at its finest - don't miss out!

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29429 N 64th Street Cave Creek, AZ 85331

$1,115,000

2 Beds

1.5 Baths

1,728 SqFt

Status Active

MLS # 6677040

Property Type Single Family Residence

Price Type --

Welcome to your own private desert oasis in the heart of Cave Creek, Arizona. This stunning property boasts 2.5 acres within a gated equestrian community ready for you to build on. The highlight of this estate is the impressive barn, perfect for housing horses or could be a car barn! The charming 2 bedroom 1 bath apartment located on top of the barn will not disapoint. HVAC in the garage! Live in your barndominium while you build your dream home. Enjoy breathtaking views of the surrounding mountains and sunsets from your own private balcony, or relax in front of the fire pit after a long day on the trails. Don't miss out on this rare opportunity to own a piece of paradise in one of Arizona's most sought-after locations. Giddy Up!

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8731 E Starlight Way Scottsdale, AZ 85250

$1,112,800

4 Beds

2 Baths

1,931 SqFt

Status Active

MLS # 6749733

Property Type Single Family Residence

Price Type --

This darling ranch style home has been updated into a show-stopping residence! The contemporary style has all the right colors and finishes and will be the perfect place to welcome family and friends. The great room boasts a modern fireplace accented by large windows that look out onto the backyard and pool, a kitchen that makes you think ''yes, I want to cook -no more takeout!'' and a cute dining room niche that is ideal for gatherings. The rear yard has been designed with outdoor fun in mind, and the heated pool will be available all year for your enjoyment. Close to all that Scottsdale has to offer, you will be minutes from the Talking Stick Fields, Casino, golf, parks, OdySea Aquarium, Butterfly Wonderland, walking paths, Old Town Scottsdale, unique dining opportunities, high end shopping and all kinds of entertainment like a luxury movie theater, Farmer's Market and Art Shows.

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4331 W Port Au Prince Lane Glendale, AZ 85306

$1,111,777

4 Beds

3 Baths

2,570 SqFt

Status Active

MLS # 6782134

Property Type Single Family Residence

Price Type --

Get Ready to Check All your Boxes. Just under 1 ACRE, Irrigated, Owned Solar, New Pebble tech Pool/Equipment, 5 Stall Horse Barn with connected turnout space/Grass Pasture, 120' x 70' Sand Arena & Bridle Paths out the back gate, Tack room, Fully Remodeled Home with New Roof, Windows, Doors, Paint, Stucco, New Deck, Mature Trees, Gabion Walls, Dog Run, Chicken Coop and the Property just keeps giving. Incredibly Unique opportunity to feel like you are living in the Country with all the amenities of the City only minutes away. Truly an Amazing Remodel by Licensed Contractor with Custom touches like Iron railing, Iron Front Door, Huge MudRoom/Drop Zone, Water Feature, Epoxy Garage Floor, Spray Foam Insulation on All Exterior walls of the Living/Kitchen. No expense was Spared!

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2609 E Pine Island Lane Payson, AZ 85541

$1,111,000

4 Beds

4.5 Baths

3,586 SqFt

Status Active

MLS # 6769125

Property Type Single Family Residence

Price Type --

BEST OF THE BEST VIEWS OF GOLF & WATER~COURSE SIGNATURE FEATURE~Canopied w/ ponderosa pines~3 primary king size en-suite bedrooms plus bunk room w/ its own bath~Main level has 2 beds, 2.5 baths, gathering area, kitchen & dining spaces all opening to views and deck~Downstairs has another open gathering space with bar, wine room, 2 beds and 2 baths & all open to covered patio walking right out to lakes & golf~Private cul de sac lot w/ 2.5 garage~Updated entertainers' kitchen w/ loads of cabinets, Viking cooktop, commercial dishwasher, walk-in pantry~Community includes two 18-hole golf courses, pools, spas, gyms, parks, courts, trails & restaurants~POSITIONED 5000 ft, 1.5 hrs from valley~Spectacular drive, 20 degrees cooler~HELLO SUMMER HOME, 4 seasons, & DESIGNER SNOW, PLAY HOOKEY FOR THE DAY AND DRIVE UP TO PLAY IN THE SNOW AND SLED FOR THE DAY! It is a lifestyle ypu will fall in love with! Easy drive, easy show, adored home with plenty of space for family and friends! Golf or social membership required for each homesite in the clubs & posted in documents. Buyer to confirm all facts and figures.

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6437 N 17 Street Phoenix, AZ 85016

$1,110,000

5 Beds

4.5 Baths

2,714 SqFt

Status Active

MLS # 6774830

Property Type Single Family Residence

Price Type --

Rare Opportunity-Central Phoenix- Urban Sophistication at it's Finest! This highly coveted , uptown floorplan, has 5 bedrooms and 4.5 bathrooms, a downstairs office, and a spacious upstairs loft. The inspired design was newly built in 2022 with high ceiling and a open layout, stylish black matte fixtures, and two separate primary suites on both levels. Modern kitchen that opens to the family room, stainless steel appliances, gourmet kitchen cabinets, quartz counter tops and walk in pantry. Upgrades include lighting and fans, custom window coverings and upgraded flooring, nova water softener and tankless water heater. Premium lot and backyard professionally designed, resort style oasis. Nearby eateries and hiking and biking trails with views of mountain preserves. Top rated schools.

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16510 N 92nd Street Unit 1003 Scottsdale, AZ 85260

Open House

$1,109,900

3 Beds

5 Baths

3,100 SqFt

Status Active

MLS # 6752776

Property Type Townhouse

Price Type --

This stunning 3 bed, 5 bath home in Soho Scottsdale is the perfect blend of luxury and convenience with a private elevator. Inside, enjoy wood-look flooring, upgraded fans, and a crisp, modern palette. The eat-in kitchen features quartz counters, tile backsplash, stainless appliances, and an island with a breakfast bar. A bonus room offers a cozy lounge or entertainment space. The primary bedroom boasts a walk-in closet and ensuite with dual sinks and designer touches. Relax on the balcony or the jacuzzi-ready rooftop deck with mountain views. ADA compliant and allows residential/commercial use!

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5525 N 12th Street Phoenix, AZ 85014

$1,100,098

3 Beds

3 Baths

2,204 SqFt

Status Active

MLS # 6771751

Property Type Single Family Residence

Price Type --

''El Rancho Paquito'' Historic Del Webb 1954, 2,350 square foot Ranch house in the heart of Phoenix! Nestled on a premium 1/3 acre corner lot, featuring a large front yard w/mature shade trees, a 2 car side garage, electric RV gate with 3 car covered parking! Inside you will find a cozy family room and a living area w/a fireplace. Elegant wood flooring in all the right places and neutral palette throughout. The fabulous galley kitchen is equipped w/ample cabinetry, solid surface counters, mosaic tile backsplash, built-in appliances, recessed lighting. The primary bedroom boasts a private sitting area w/outdoor access and an ensuite w/a stylish barn door. Guest quarters have their own separate entry & bath! Owned solar w back up battery. Document tab has the history of this unique property . Also including a sizeable backyard w/a covered patio, extended paver seating area, and a refreshing hot tub, this home has it all! Act now before it's gone!

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3283 W Mesquite Street Phoenix, AZ 85086

$1,100,000

4 Beds

3.5 Baths

3,038 SqFt

Status Active

MLS # 6700603

Property Type Single Family Residence

Price Type --

Presenting a stunning new construction luxury home by NEXTGEN Builders to be built: This luxurious home features 4 bedrooms plus an office/den, 3.5 bathrooms, and high-quality finishes throughout. The spacious design includes an oversized 2-car garage plus a 46+ foot RV garage with a 12x14-foot tall garage door, set on a large lot without HOA restrictions. Highlights include an oversized contemporary front door, 2x6 exterior framing, a large kitchen island with quartz countertops, and walk-in closets in all bedrooms. The master bathroom offers a spacious entry shower, standalone tub, and double sinks. Other features include 8-foot doors, high ceilings, energy-efficient spray foam insulation, and a post-tension foundation. Choose your options. Please note, photos are of a model home

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