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

980 Castillo Drive Litchfield Park, AZ 85340

$1,100,000

4 Beds

2.5 Baths

2,456 SqFt

Status Active

MLS # 6772754

Property Type Single Family Residence

Price Type --

**HOME COMPLETELY REMODELED THROUGHOUT WITH OWNED SOLAR & SOLAR HEATED POOL FOR YOUR WINTER ENJOYMENT!! COME SEE THIS BEAUTIFUL HOME IT'S UNIQUE CHARACTER WILL IMPRESS! UPGRADES INCLUDE NEW FLOORING, ALL BATHROOMS REDONE WITH BLUETOOTH SPEAKER LIGHTING, KITCHEN + COUNTERTOPS, NEW PAINT IN THE INTERIOR & EXTERIOR, NEW ABS SEWER PIPING FROM MAIN SEWER TO HOUSE, NEW ROOF FLAT ROOF & TILES AND SO MUCH MORE! PRIME LOCATION - PROPERTY IS WITHIN WALKING DISTANCE OF GOLF COURSE + NEAR SPRING TRAINING BASEBALL FIELDS, RESTAURANTS, SHOPPING AND MUCH MORE. **THIS WARM, WELCOMING, BEAUTIFUL HOME WILL NOT LAST! IT'S A MUST SEE!!

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18439 W Beryl Court Waddell, AZ 85355

$1,100,000

4 Beds

3 Baths

4,862 SqFt

Status Active

MLS # 6777906

Property Type Single Family Residence

Price Type --

There simply is not a property in Waddell that compares to this immaculate two story sitting on over an acre. A covered patio with built in BBQ overlooks the sparking pool with water features. Need a guest house? There is plenty of room to expand if the 4862 sq ft isnt enough for you and your family. Located within the gated community of Cortessa, you will have security and a custom built neighborhood with mountain views and park-like surroundings. Above the massive great room is an equally massive loft/game room. Exreme attention to detail throughout this magnificent property.

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18965 S 196th Place Queen Creek, AZ 85142

$1,100,000

5 Beds

3.5 Baths

3,882 SqFt

Status Active

MLS # 6783169

Property Type Single Family Residence

Price Type --

Welcome to your dream home in La Jara Farms II! This stunning single-story residence on a sprawling .44 acre offers 5 bedrooms, 3.5 baths, and a spacious 3-car garage. Designed for comfort and style, this home features an open floor plan with modern finishes throughout. The gourmet kitchen, complete with premium appliances and a large island, is perfect for entertaining. Retreat to the expansive backyard to enjoy Arizona's beautiful sunsets. Located in the heart of Queen Creek, close to shopping, dining, and top-rated schools. Don't miss out—this is luxury living at its finest!''

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10044 E Graythorn Drive Scottsdale, AZ 85262

$1,100,000

2 Beds

2.5 Baths

1,836 SqFt

Status Active

MLS # 6776284

Property Type Townhouse

Price Type --

Best value for a Desert Mountain residence! Make this quaint Sonora Cottage Village your desert retreat! Great room plan with two king ensuites. Enjoy the meandering greenbelt with walking trails. Shaded patio provides relaxation and resort environment with heated spa. As a community resident, enjoy 25+ miles of private hiking trails encircling Apache Peak (4600+ ft elevation) and providing breathtaking 360* views of mountain ranges and the entire Valley of the Sun. Desert Mountain Club membership office will advise of availability. Club amenities are available for members only.

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2327 N Beverly Place Buckeye, AZ 85396

$1,100,000

5 Beds

3.5 Baths

4,329 SqFt

Status Active

MLS # 6777767

Property Type Single Family Residence

Price Type --

BEAUTIFUL HOME ON THE WASH WITH FABULOUS SUNRISE, MOUNTAIN AND CITY VIEWS!! This stunning home's Kitchen includes quartz countertops, backsplash, beautiful hardware, an upgraded Monogram gas stove, and a huge pantry. The living room and covered back porch have an electric fireplace to keep you warm. This home is spray foam insulated with energy efficient windows throughout. Beautiful wood look tile and brand new carpet! Master suite on first level has separate shower, jetted tub, and huge walk in closet. There is a bonus/6th bedroom upstairs along w/ a game room. Other upgrades include plantation shutters, epoxy garage floors, pool, turf & a view fence to watch the morning sunrise. The owners are VERY clean and have filled this home with love. Take a look at this home of all homes!

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11305 S 195th Drive Buckeye, AZ 85326

$1,100,000

4 Beds

2 Baths

2,857 SqFt

Status Active

MLS # 6781143

Property Type Single Family Residence

Price Type --

Craftsmanship Meets+Custom Resort on Acre! This pristine Oasis offer's Quality Craftsmanship everywhere you look! No upgrade was spared, this was the Custom builder model to showcase their options so you can only imagine. When you enter the Great room you will notice the open inviting 12 foot ceilings. Gourmet kitchen with high end granite countertops, stainless steel appliances w/rich solid knotty alder cabinets, Hard wood floors, Custom doors, Travertine floors, Subzero refrigerator, Stainless steel double ovens, a walk in pantry and lots of pull out shelves, gas stove, Primary bath has huge walk-in closets snail shower & extensive tile, built in cabinets, One of the room is used as an office with built in Murphy bed. The backyard is fenced in and private with mountain views from the

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22635 N 45th Place Phoenix, AZ 85050

$1,100,000

5 Beds

3.5 Baths

3,196 SqFt

Status Active Under Contract

MLS # 6774400

Property Type Single Family Residence

Price Type --

This stunning home sits on a spacious .24-acre lot and offers the perfect setup for multi-generational living, featuring 2 bedrooms and a full bath on the lower level. Located just blocks away from PVUSD elementary and middle schools, it's an ideal location for families. Surrounded by a pristine natural desert wash, this elegant home provides exceptional privacy from its prime position on an oversized semi-cul-de-sac lot. Step inside the beautiful foyer, where dark wide-plank flooring and muted white walls create a sophisticated ambiance. The gorgeous living room boasts tall windows, plush carpeting, and soaring vaulted ceilings. A chandelier-lit formal dining room adds an extra touch of elegance.The stunning kitchen features an abundance of silver and gray cabinetry, exquisite exquisite countertops, and upscale stainless steel appliances, including a deep farmhouse sink. A casual dining/breakfast room flows seamlessly into the family room, which is anchored by a dramatic luxury wood-framed fireplace, media wall, art-display niches, and twin shutter-trimmed windows. Upstairs, a spacious loft/library area leads to big secondary bedrooms and a romantic primary suite. The primary suite offers a slightly elevated sleeping area, a large sitting room, a luxurious bath, an enormous walk-in closet, and a cocktail balcony overlooking the backyard's alfresco amenities. Outside, enjoy a sparkling freeform pool, sprawling lounge decks, an expansive grassy lawn, a barbecue island, and just the right amount of flowering shrubbery. The home was fully remodeled in 2019, is exceptionally quiet, and shares a fence with only one neighbor for ultimate privacy.

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13653 E Aloe Vera Drive Scottsdale, AZ 85262

$1,100,000

4 Beds

3 Baths

3,025 SqFt

Status Active

MLS # 6783334

Property Type Single Family Residence

Price Type --

(UNDER CONSTRUCTION) New Construction desert home. This new build with NO HOA, MASSIVE open Kitchen & living room with high-end Cabinets, Quartz Countertops, 36'' Cooktop, Built-in Stainless Steel Microwave and double ovens, & upgraded flooring. The upgrades continue with a stunning Master Bathroom with a Freestanding Soaking Tub, Modern Shower and Beautiful Double Vanities, an oversized four car garage, RV Garage, private well and more!!! (pictures useed in this listing are of a previous project and represent what the home may look like).

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634 E County Down Drive Chandler, AZ 85249

$1,100,000

4 Beds

3.5 Baths

3,599 SqFt

Status Active

MLS # 6738354

Property Type Single Family Residence

Price Type --

Nestled within the upscale gated community of Fieldstone Estates, this pristine home showcases an ambience of Arizona living throughout. This premium north/south facing property situated on a 1/3 acre greenbelt lot in Chandler is an entertainers delight. A gated front courtyard leads into a formal living room featuring an elegant two-way fireplace and views directly showcasing the outdoor resort oasis. This desert gem highlights ultimate living with an impressive gourmet Chef's kitchen including a deluxe island with breakfast bar, double ovens, gas cooktop, stainless steel appliances, built in fridge, warming oven, built in microwave and a large walk-in pantry. The primary suite boasts an abundance of natural sunlight offering direct outdoor access to a spacious covered patio. Custom wood shutters and two stone accent walls amplify the exquisite nature of the room. The luxe bathroom with his and her separate vanities is complete with a soaking tub, private double shower and a considerable walk-in closet. This luxurious home boasts 4 bedrooms including a guest suite/den with built-in Murphy bed and desk, a formal office with impressive bookcase and additional cozy theatre room perfect for entertaining or relaxing. Exclusive outdoor living space offers a resort style heated pool with waterfall and elevated spa backing to a vast common area. A wooden slat pergola covers a fully functioning outdoor kitchen complete with built-in BBQ, dual gas burner stovetop, electric deep fryers, wood burning pizza oven, kegerator and sink providing a significant space perfect for open-air dining. Additional lower level outdoor patio with impressive wood burning fireplace provides ample seating areas for tranquility & relaxation. Don't miss out on this exclusive property designed for superior indoor and outdoor enjoyment!

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8751 E Krail Street Scottsdale, AZ 85250

$1,100,000

3 Beds

2 Baths

2,097 SqFt

Status Active

MLS # 6785048

Property Type Single Family Residence

Price Type --

Beautiful single level home in Scottsdale on the Silverado Golf course. This 2 Bedroom plus Den has a south facing backyard with stunning views and sunsets.Floor plan is wonderful for guests . Large counters and bar seating, Oversize patio and landscaping, shutters, lighting, ceiling fans, chandelier in DR and newer carpet for guest bedroom. Very convenient location with access to the 101 and resorts, restaurants and the Railroad Park.

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5471 S Big Horn Place Chandler, AZ 85249

$1,100,000

5 Beds

4 Baths

3,408 SqFt

Status Active

MLS # 6787552

Property Type Single Family Residence

Price Type --

Welcome to this semi-custom TW Lewis 5bed/4bath/3,408sqft home w/ resort style backyard! Equipped w/ a stunning pool, putting green, built in BBQ & no neighbors behind you! Through the gated courtyard you're greeted by a bright & open floorplan which blends contemporary style w/ modern finishes throughout. New marble floors in all the living spaces. Enjoy holiday cooking in the gourmet chef's kitchen w/ upgraded cabinets, granite countertops, Kitchen Aid SS appliances & island for entertaining. The primary bath has all the amenities needed to spoil yourself - tiled walk-in shower, soaking tub & oversized closet. Valencia is a luxury master-planned gated community & one of South Chandler's most desired neighborhoods. Surrounded by parks, lakes & Chandler's award-winning schools district.

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18947 E Lazo Court Rio Verde, AZ 85263

$1,100,000

2 Beds

2.5 Baths

2,860 SqFt

Status Active

MLS # 6785682

Property Type Single Family Residence

Price Type --

Beautiful territorial home with elegance, privacy and views located in the wonderful golfing community of Tonto Verde. Meticulously maintained throughout with a total luxurious remodel in the primary bathroom, to include heated tile floors in the shower. Chef's kitchen with large island and a breakfast bar is open to the family room with windows galore to allow beautiful natural lighting. Kiva fireplaces add even more warmth to this designer decorated retreat. Extra large pantry, built in cabinets in dining room, office and garage allow for extra storage that every home owner desires. This is a home you will want to see in person to appreciate the charm and character. You will not want this one to slip through your fingers as it is very special find in a community of this caliber.

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