Old Republic Title-Home Buyers & Sellers Handbook 2020

Section 5

RESOURCES

Market Conditions Advisory familial status (including children under the age of 18 living
with people securing custody of children under the age of
The real estate market is cyclical and real estate 18), and disability.
values go up and down. The financial market also
changes, affecting the terms on which a lender will Fair Housing Rights and Obligations (HUD.gov)
agree to loan money on real property. It is http://www.ada.gov/pubs/ada.htm
impossible to accurately predict what the real (Americans with Disabilities Act)
estate or financial market conditions will be at any
given time. Wire Fraud
The ultimate decision on the price a buyer is willing
to pay and the price a seller is willing to accept for a Beware of wiring instructions sent via email. Cyber
specific property rests solely with the individual criminals may hack email accounts and send emails
buyer or seller. The parties to a real estate with fake wiring instructions. You should
transaction must decide on what price and terms independently confirm wiring instructions in person
they are willing to buy or sell considering market or via a telephone call to a trusted and verified phone
conditions, their own financial resources and their number prior to wiring any money.
own unique circumstances.
The parties must, upon careful deliberation, decide http://bit.ly/2gQNWms (FTC & NAR - Protect your mortgage
how much risk they are willing to assume in a closing from scammers
transaction. Any waiver of contingencies, rights or http://bit.ly/2vDDvFk (CFPB- Buying a home? Watch out for mortgage
warranties in the Contract may have adverse closing scams
consequences. Buyer and seller acknowledge that
they understand these risks. Additional Information
Buyer and Seller assume all responsibility should
the return on investment, tax consequences, credit NATIONAL ASSOCIATION OF REALTORS® (NAR)
effects, or financing terms not meet their
expectations. The parties understand and agree https://www.nar.realtor/
that the Broker(s) do not provide advice on
property as an investment. Broker(s) are not Ten Step Guide to Buying a Home
qualified to provide financial, legal, or tax advice
regarding a real estate transaction. Therefore, http://bit.ly/YweGug
Broker(s) make no representation regarding the
above items. Buyer and seller are advised to obtain Home Closing 101
professional tax and legal advice regarding the
advisability of entering into this transaction. www.homeclosing101.org

http://bit.ly/1sSTprj Information about Arizona
(AAR - Sample Forms) Government, State Agencies, City &
County Websites
Fair Housing and Disability Laws
Arizona Department of Real Estate
The Fair Housing Act prohibits discrimination in Consumer Information
the sale, rental, and financing of dwellings based
on race, color, national origin, religion, sex, www.azre.gov/InfoFor/Consumers.aspx

Arizona Association of REALTORS®

www.aaronline.com

Page | 12 of 13 Arizona Department of Real Estate Buyer Advisory (June 2019)

47

BUYER ACKNOWLEDGMENT

Buyer acknowledges receipt of all 13 pages
of this Advisory.

Buyer further acknowledges that there may be
other disclosure issues of concern not listed in
this Advisory. Buyer is responsible for making all
necessary inquiries and consulting the
appropriate persons or entities prior to the
purchase of any property.
The information in this Advisory is provided with
the understanding that it is not intended as legal or
other professional services or advice. These
materials have been prepared for general
informational purposes only. The information and
links contained herein may not be updated or
revised for accuracy. If you have any additional
questions or need advice, please contact your own
lawyer or other professional representative.

^ BUYER SIGNATURE DATE
^ BUYER SIGNATURE DATE

Page | 13 of 13 Arizona Department of Real Estate Buyer Advisory (June 2019)

48

11 LOCATIONS

ADMIN OFFICE GOODYEAR
MARICOPA | BILTMORE
COMMERCIAL DIVISION 1626 N. Litchfield Rd, Suite 320
Goodyear, AZ 85395
2375 E. Camelback Road, Suite 180 (623) 882-2400
Phoenix, AZ 85016
(602) 631-3700 KIERLAND

MARICOPA TITLE DEPARTMENT 14850 N. Scottsdale Road, Suite 195
Scottsdale, AZ 85254
2375 E. Camelback Road, Suite 110 (480) 596-2060
Phoenix, AZ 85016
(602) 631-3700 PARADISE VALLEY

AHWATUKEE 11201 N Tatum Blvd. Suite 130
Phoenix, AZ 85028
4505 E Chandler Blvd., Suite 160 (602) 996-4301
Phoenix, AZ 85048
(480) 705-0010 TEMPE

ARROWHEAD 4500 S. Lakeshore Drive, Suite 570
Tempe, AZ 85282
17235 N 75th Ave., Suite A-125 (480) 413-0000
Glendale, AZ 85308
(623) 334-5009 SOUTHEAST VALLEY

CHANDLER 1630 S. Stapley Drive, Suite 116
Mesa, AZ 85204
161 E Rivulon Blvd., Suite 118 (480) 820-2255
Gilbert, AZ 85297
(480) 895-9924 ORO VALLEY

10445 N Oracle Rd., Suite 161
Oro Valley, AZ 85737
(520) 818-0064

49

February 2020