Are you looking to sell property in Phoenix? Spring is always a busy time for people to consider this big step.
The market in Phoenix and across Arizona is expected to be on fire, so it might be a good time to sell. Plus, more and more people are calling Arizona home.
You might see a slight rise in the interest rate, but that isn’t stopping people from buying a new property. From industrial to residential, there is currently a boom in the real estate market.
Arizona
More people are coming to Arizona due to the strong economy, so housing demand is surging, which means it is a good time to sell. However, millennials are making things a little difficult since they tend to want to rent and not buy, however, don’t let this get you discouraged!
If you are on the fence about selling, you might want to take the leap to do it in 2020 when things are still strong. Things are more predictable at the moment, making things safer. New buyers are entering the market, but things may change in the coming years.
Preparing Your Property
Just like with any big decision in your life, you need to prepare!
First things first, obtain a comparative market analysis and set an attractive price. This means you should do your research, look at the completion and speak with the professionals to determine what your property is valued at and try to get the most for it.
Now that all of that is set, time to get your property in tip-top shape to attract buyers. This means repairing things or replacing things around your property.
Moving Forward
Once an offer does come in, carefully consider all of your options and do any negotiating if needed. You want to make sure you are coming out of this with the best deal possible. Keep in mind, all of this can take up to 60 days to finalize.
The next thing up is the home inspection and appraisal. This is the time to get that disclosure statement in place.
The disclosure statement is one of the most important documents needed in selling real estate. Be honest and forward about every detail regarding your property. You will want to work with an attorney to review it to make sure it is accurate and complete.
Using an Attorney
Of course, you want to consider using a real estate agent to help you sell your real estate, but you also want to consider using a real estate transaction attorney in Phoenix as well.
Remember, selling a property can be complex and you will need someone to help deal with all of the documents and legalities. There are many risks involved when selling real estate. Your attorney can deal with any changes to any terms or conditions, issues with the titles, and real estate taxes.
Real estate attorneys are never motivated by the sale price of your real estate, so you know that they will be working on your side for the right reasons.
Working with Murphy Cordier PLC
If you are going to sell your property in Arizona, you want to work with a local and knowledgeable real estate attorney. The team at Murphy Cordier PLC will be working closely with you during the process and work diligently and aggressively by your side. Serving the greater Phoenix area in Arizona, Murphy Cordier PLC specializes in real estate law, assisting you and providing you legal guidance through all of the stages of a real estate transaction.
