Green Valley Arizona New Home Buyer Advisory
Attention Green Valley Arizona New Home Buyers!!
The price you pay for your new home in Green Valley Arizona is exactly the SAME whether you chose to have a Realtor assist and represent you in the new home buying process or whether you elect to go it "on your own."
Please read the following information & checklist is to provided to help you avoid some of the pitfalls in buying a new home in Green Valley Arizona and assist you in the New Home buying process.
Purchasing a New Home in a Green Valley Arizona subdivision (Las Campanas, Canoa Ranch, Quail Creek, etc.)
1. You should read the Arizona Department of Real Estate Public Report. By law you must receive this document prior to signing the purchase contract. You must sign for receipt of this Report & confirm that you have read the report.
The Public Report will include at minimum the following:
- A description of adoining & near-by land uses.
- Public utility provider information (gas, water, electricity, sewer, telephone)
- Community recreation facilities.
- Assurances for completion of facilities.
- Local services & facilities including: schools, shopping, public transportation, medical facilities, fire protection, ambulance service, police protection, etc.
- Taxes and assessments.
- Home Owner Association details.
If you have questions about teh information in the Public Report, you can call teh Arizona Departmetn of Real Estate at 602-468-1313 extension 400 and a Subdivision Representative will assist you with the questions you have.
The cover of the Public Report should have the following disclaimer: "Not all the information in this report has been verified by the Department; certain infomration has been accepted by the Department as true and accurate based on attestation of the subdivider and/or the subdivider's agents. You should verify all facts before signing any documents."
2. Read the Purchase Contract Carefully! Note that if the builder is not placing your earnest money deposit in an escrow or trust account, the funds may be placed in the builder's or developer's general funds account and may be used for any purpose. You could lose the money if the builder or developer declares bankruptcy or otherwise goes out of business. If the funds are not going to be placed in escrow or a trust account, this must be disclosed in the purchase contract AND you are required to initial this detail. Make sure you understand where your earnest money is going to be depositied.
3. Before you sign a purchase contract, drive around the home at least a mile in every direction to see the surrounding areas, discover possible nuisances or hazzards that might exist in the surrounding area.
- Visit the area at different times of the day, on weekends and in the evening.
- If there are significant areas of vacant land nearby, check city or county zoning maps to see if the area is zoned for high density residential, industrial or commercial use. To obtain this information, call the city or county planning and zoning department listed in the phone book.
- Check Arizona Department of Transportation maps to find the nearest future freeway routes and whether roads are planned for future widening. ADOT can be reached by calling 602-255-7011.
4. Contact the local school district for district lines and current enrollment information.
5. Read the Deed Restrictions and CCRs (Covenent Codes and Restrictions) Some CCRs are very strict, especially with regard to landscaping, parking of recreation vehicles, driveway parking, and exterior home colors.
6. Check out of the builder with the Arizona Registrar of Contractors. You want to find out if or how many complaints have been filed with the contractor, whether there any unresolved complaints and whether the builder's license has evenbeen suspended or revoked. To contact the Registrar of Contractors call 602-542-1525.
For additional information and to read the Arizona Department of Real Estate Buyer Advisory This document is provided by the Arizona Association of Realtors.
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