FAQ — KarenK Sells AZ

Common questions

Buying or selling in the Valley — here's the real answer.

No jargon, no fine print you need a law degree for. Just what buyers and sellers actually ask me, answered straight.

Do I have to sign something before you show me homes?

Yes — Arizona buyers now sign a written agreement before touring homes. It's a short conversation, not a trap: it just spells out what I do for you, so there are no surprises later.

How much cash do I actually need to buy a home here?

Less than most people think. However, I'll connect you with an expert lender who lays out real numbers for your situation before you fall in love with a house.

What's earnest money, and will I get it back?

It's a good-faith deposit — usually around 1% of the price — that shows the seller you're serious. It goes toward your closing costs at the end. You only risk losing it if you back out for a reason the contract doesn't protect.

Do new-build homes still need an inspection?

Always. Arizona heat is brutal on HVAC systems, roofs, and pool equipment, and even brand-new builds have punch-list issues. A few hundred dollars now can save you thousands later.

What if the inspection turns up problems?

You get a window — typically 10 days — to negotiate. That could mean asking the seller to fix things, credit you cash, or in some cases walking away with your earnest money intact. I'll tell you which findings are worth fighting for and which aren't.

How do I know if an HOA is a good one?

I pull the CC&Rs, dues history, and reserve fund status before you write an offer — so you know what you're signing up for, not just what the monthly fee is.

What extra costs should I plan for beyond the down payment?

Budget 2–4% of the purchase price for closing costs — things like loan fees, title insurance, and prepaid taxes. I'll get you an estimate early so nothing catches you off guard at the table.

How competitive is it out there right now?

It shifts by season and by neighborhood. For example, Gilbert moves differently than Chandler or Scottsdale, and they change month to month. Rather than guess, let's talk about your specific area and price point.

What's my home actually worth?

I'll build you a free comparative market analysis using real recent sales on your street and in your neighborhood. Not a Zestimate guess.

What am I legally required to disclose?

Arizona requires a Seller's Property Disclosure Statement covering known material defects — things like roof leaks, plumbing issues, or past repairs. Being upfront protects you from disputes after closing.

Do I have to fix everything the inspector finds?

No. Repairs are negotiable, not mandatory. I'll help you decide what's worth fixing, what's worth a credit, and what you can reasonably say no to.

What will I actually walk away with?

Plan for roughly 6–8% in total seller costs — commission, title and escrow fees, and prorated property taxes. I'll walk you through a net sheet with real numbers before you ever list.

How fast does closing happen once I accept an offer?

Standard financed deals run 30–45 days. Cash offers can close in as little as two weeks. We'll set a timeline that actually works with your move.

Should I sell first or buy first?

It depends on your equity, the current market, and your risk tolerance — there's no universal right answer. This is exactly the kind of thing worth a real conversation before you make a move.

Does my pool actually add value?

In this market, yes — a well-maintained pool and outdoor living space are genuine selling points here, not just a nice-to-have. We'll make sure your marketing shows it off properly.

Who actually holds my money and paperwork during the sale?

A neutral title and escrow company — not an attorney, which surprises people moving from other states. They hold funds and manage the paperwork until everything's ready to close.

Still have a question that's specific to your situation? Book a straight-talk conversation — no pressure, no jargon.