Helpful Tips

Things To Do in Arizona – August 2018

It’s August.  It’s hot.  There, we got that out of the way!  But I have to tell you, our monsoon season is really quite extraordinary and if you enjoy a free fireworks display, our skies do not disappoint. 

I hope you enjoy this month’s edition of Things to Do in Arizona!  

Things to do in Arizona – April 2016

Can you feel the excitement in the air?  Today is the season-opener for Baseball!  Not a baseball fan?  No worries…we’ve got every sport under the sun (sorry for the pun) you can imagine!  To find out all the wonderful things happening in our great State, check out this months’ edition of What’s Happening in Arizona!

Things to do in Arizona – June 2015

…But it’s a dry heat!  No doubt you’ve heard this often when our Arizona summer weather is being described.  In fact, however, it’s true.  At least before the Monsoon season hits.  Right now, these balmy 105 degree days can actually feel more like 90.  And factor in a cool breeze and a swimming pool and it’s just darn right lovely!

So, if you’ve been thinking about making Arizona your new home, our weather is just one of many great reasons to take the plunge and start packing!  Remember to leave behind your coats and snow boots but do pack plenty of flip flops!

I hope you enjoy this month’s edition of Things To Do in Arizona!

Things to do in Arizona – March 2015

Welcome to another edition of Things to Do in Arizona.  Due to our gorgeous Spring weather, March brings many wonderful events to Arizona.  If you’re planning a visit to Arizona, schedule it between March and June when our weather is simply stellar!  And don’t hesitate to contact me if you have any questions — I want to be your resource for all things Arizona!

Common Closing Costs

It is important for you to be aware of these common closing costs so there are no surprises on closing day.

PROPERTY TAXES. Based on the month you close, property taxes will be pro-rated between you and the seller.

HOMEOWNER’S INSURANCE. You will be required to pay an entire year’s homeowner’s insurance (hazard insurance) premium at closing.

PREPAID INTEREST. Depending on the day of the month your loan closes, this charge may vary from a full month’s interest to just a few days’ interest.

PRIVATE MORTGAGE INSURANCE (PMI). Depending on the amount of your down payment, you may be required to put a certain amount for PMI into an escrow account.

TITLE INSURANCE FEES. These fees cover both the buyer’s title policy and the lender’s title policy. The title company may also charge fees for a title search, settlement/closing fees, recording fees, notary fees, document preparation, and title examination.

ADMINISTRATIVE, LOAN PROCESSING, AND UNDERWRITING FEES. These fees offset the cost of processing your loan request, obtaining all the necessary documentation, and evaluating your loan application package.

Other costs that you should be familiar with but do not apply in all cases:

LOAN ORIGINATION FEE. This fee covers the lender’s administrative costs in establishing the new loan. It is generally expressed as a percentage of the loan amount.

LOAN DISCOUNT. Often called “points,” a loan discount is a charge used to allow a lower interest rate than the current market rate. One point is equal to 1% of the loan amount.

Please contact me with any questions.