top portion of settlement statement document - Settlement Statement, Closing Costs, Documents, Title Company, Mortgage - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

TRID Improvement Act Passes House Committee

Since the post below was first published, The House has passed a version of the TRID Improvement Act of 2017. I’ve read the amendments, you can read them here, and they are indeed an improvement. It takes Congress so long to develop or improve anything that I hesitate to point out that it could use… Read More

top portion of settlement statement document - Settlement Statement, Closing Costs, Documents, Title Company, Mortgage - Bill Salvatore, Arizona Elite Properties 602-999-0952 - Arizona Real Estate

Mortgage Closing Costs 101

Mortgage Closing Costs 101. It goes without saying that buying a home is a major financial investment. It is advisable that you understand how much more goes into budgeting for a new home other than monthly mortgage payments. Closing costs are one of those budget entries.  Click to view “Who Pays for What?”. Closing costs… Read More

HOA documents, stack of papers, closing documents

Don’t Let HOA Documents Slow Down Your Sale

The facts below pertain to California law but are equally relevant here in Arizona. It’s the rare Phoenix Valley property that is not located in an HOA, these are usually homes in older neighborhoods or outlying areas and “county islands”. Most Home Owners Associations are in no great hurry to produce the required documents for… Read More