2046 W Medina Mesa, AZ 85202
Kim Healy 602-402-5330
[email protected]
Data Provided By: Property Research 2375 E Camelback Rd., #110 Phoenix AZ 85016 602-240-3300
[email protected]
Disclaimer This REiSource report is provided "as is" without warranty of any kind, either express or implied, including without limitations any warrantees of merchantability or fitness for a particular purpose. There is no representation of warranty that this information is complete or free from error, and the provider does not assume, and expressly disclaims, any liability to any person or entity for loss or damage caused by errors or omissions in this REiSource report without a title insurance policy. The information contained in the REiSource report is delivered from your Title Company, who reminds you that you have the right as a consumer to compare fees and serviced levels for Title, Escrow, and all other services associated with property ownership, and to select providers accordingly. Your home is the largest investment you will make in your lifetime and you should demand the very best.
© 2022 CoreLogic. All rights reserved
Subject Property : 2046 W Medina Ave Mesa AZ 85202 Owner Information Owner Name : Go Blue Mailing Address : 2046 W Medina Ave, Mesa AZ 85202-6439 C052 Vesting Codes : / / Living Trust Owner Occupied O Indicator : Location Information Legal Description : Lot 214 Laguna Shores Unit 8 Mcr 211-34 County : Maricopa, Az Census Tract / Block : 4222.12 / 2 Township-Range- Sect : 01S-05E-06 Legal Lot : 214 APN : 305-09-709
Subdivision : Laguna Shores Unit 8 Map Reference : 21134 School District : Mesa 4 Munic/Township : Mesa Neighbor Code : 02-003
Owner Transfer Information Recording/Sale Date : 02/23/2018 / 02/14/2018
Deed Type : Special Warranty Deed
Document # : 137970 Last Market Sale Information Recording/Sale Date : 10/18/2004
Deed Type : Deed (reg)
Document # : 1215251 Seller Name : Owner Record Prior Sale Information Prior Rec/Sale Date : 09/29/1988 / 08/00/1988 Prior Sale Price : $170,000 Prior Doc Number : 481336
Prior Deed Type : Deed (reg) Prior Lender : Pacific First Prior 1st Mtg Amt/Type : $161,500 / Conv
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Property Characteristics Gross Area : 2,319 Living Area : 2,319 Total Rooms : 7 Year Built / Eff : 1980 # of Stories : 1 Parking Type : Garage
Garage 3 Capacity : Roof Material : Asphalt Shingle Heat Type : Forced Air Cooling Type : Forced Air Exterior wall : Stucco Patio Type : Covered Patio
Pool : Pool Air Cond : Refrigeration Quality : Good Condition : Average Bath Fixtures : 7 Pool Size : 365
Property Information Land Use : Sfr Zoning : RS-6
Lot Acres : 0.23
State Use : Single Fam Resurban Subd ( 4 )
Lot Size : 9,875
Tax Information Total Value : $322,500
Improve % : 80%
Land Value : $64,500
Tax Year : 2021
Improvement $258,000 Value :
Property Tax : $2,345.72
Total Taxable $22,877 Value : Assessed Year : 2021
Tax Rate Area : 041000
Current Assessed 2023 Year : Current Year Total $46,320 Value : Current Year $37,060 Improvement Value : Current Year Land $9,260 Value :
Market Value : $322,500
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
2038 W MEDINA AVE Owner Name : Hoffman Matthew J Sale Date : 04/22/2002 Total Value : $331,600 Bed / Bath : / 3 Land Use : Sfr Stories : 1 Yr Blt / Eff Yr Blt : 1980 /
Distance 0.02 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 04/30/2002 Sale Price : $240,000 Property Tax : $2,361.54 Lot Acres : 0.23 Living Area : 2,535 APN : 305-09-708
2052 W MEDINA AVE Owner Name : Marquez Reginald R Sale Date : 03/16/2017 Total Value : $374,300 Bed / Bath : / 4 Land Use : Sfr Stories : 2 Yr Blt / Eff Yr Blt : 1981 /
Distance 0.02 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 03/23/2017 Sale Price : $422,000 Property Tax : $2,813.94 Lot Acres : 0.28 Living Area : 3,070 APN : 305-09-710
2049 W MEDINA AVE Owner Name : Miller Sale Date : 06/20/2007 Total Value : $348,000 Bed / Bath : / 3 Land Use : Sfr Stories : 1 Yr Blt / Eff Yr Blt : 1981 /
Distance 0.03 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 06/27/2007 Sale Price : $430,000 Property Tax : $2,491.78 Lot Acres : 0.26 Living Area : 2,640 APN : 305-09-698
2039 W MEDINA AVE Owner Name : Felker Jodi Sale Date : 04/20/2020 Total Value : $285,100 Bed / Bath : / 3 Land Use : Sfr Stories : 1 Yr Blt / Eff Yr Blt : 1981 /
Distance 0.03 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 04/30/2020 Sale Price : $425,000 Property Tax : $1,936.22 Lot Acres : 0.20 Living Area : 2,029 APN : 305-09-699 Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
2032 W MEDINA AVE Owner Name : Mittman Paul Sale Date : 06/14/2004 Total Value : $326,100 Bed / Bath : / 3 Land Use : Sfr Stories : 1 Yr Blt / Eff Yr Blt : 1980 /
Distance 0.03 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 07/01/2004 Sale Price : $275,000 Property Tax : $2,388.62 Lot Acres : 0.23 Living Area : 2,319 APN : 305-09-707
2033 W MEDINA AVE Owner Name : Devine Cynthia J Sale Date : 01/04/2021 Total Value : $336,500 Bed / Bath : / 3 Land Use : Sfr Stories : 1 Yr Blt / Eff Yr Blt : 1981 /
Distance 0.04 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 01/07/2021 Sale Price : $504,900 Property Tax : $2,391.78 Lot Acres : 0.25 Living Area : 2,535 APN : 305-09-700
2024 W MEDINA AVE Owner Name : Gerlach Douglas Sale Date : 07/09/1981 Total Value : $356,700 Bed / Bath : / 4 Land Use : Sfr Stories : 2 Yr Blt / Eff Yr Blt : 1981 /
Distance 0.05 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 07/15/1981 Sale Price : $134,651 Property Tax : $2,536.14 Lot Acres : 0.31 Living Area : 3,004 APN : 305-09-706
2015 W MEDINA AVE Owner Name : Garretson Sale Date : 04/16/1981 Total Value : $328,000
Distance 0.05 Miles Subdivision : Laguna Shores Unit 8 Sale Price : $137,679 Property Tax : $2,777.64
Bed / Bath : / 3
Lot Acres : 0.24
Land Use : Sfr
Living Area : 2,319
Stories : 1
APN : 305-09-701
Yr Blt / Eff Yr Blt : 1981 / Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
2018 W MEDINA AVE Owner Name : Pautz D & Ingrid E Fam Trust Sale Date : 12/20/2006 Total Value : $306,600 Bed / Bath : / 3 Land Use : Sfr Stories : 1 Yr Blt / Eff Yr Blt : 1981 /
Distance 0.06 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 12/26/2006 Sale Price : $515,000 Property Tax : $2,152.04 Lot Acres : 0.23 Living Area : 2,319 APN : 305-09-705
2007 W MEDINA AVE Owner Name : Farren Shayne Sale Date : 08/26/2020 Total Value : $351,200 Bed / Bath : / 5 Land Use : Sfr Stories : 2 Yr Blt / Eff Yr Blt : 1983 /
Distance 0.07 Miles Subdivision : Laguna Shores Unit 8 Recording Date : 09/04/2020 Sale Price : $565,000 Property Tax : $2,547.26 Lot Acres : 0.21 Living Area : 2,877 APN : 305-09-702
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Census Tract / block: 4222.12 / 2 Year: 2018 Household Population
Population by Age
Count:
4,341
0 - 11
Estimate Current Year:
4,304
12 - 17
Estimate in 5 Years:
4,161
18 - 24
5.18%
Growth Last 5 Years:
6.54%
25 - 64
54.39%
Growth Last 10 Years:
-155.08%
65 - 74
11.98%
75+ Household Size
Household Income
Current Year:
1,645
0 - $25,000
6.63%
Average Current Year:
2.62
$25,000 - $35,000
6.14%
Estimate in 5 Years:
1,630
$35,000 - $50,000
12.28%
Growth Last 5 Years:
-1.58%
$50,000 - $75,000
17.26%
Growth Last 10 Years:
3.34%
$75,000 - $100,000
12.64%
Male Population:
46.21%
Above $100,000
45.05%
Female Population:
53.79%
Married People:
61.81%
Unmarried People:
38.19%
Average Household Income:
$86,250
Housing Median Mortgage Payments
Home Values
Under $300:
1.52%
Below $100,000:
2.55%
$300 - $799:
29.43%
$100,000 - $150,000:
5.82%
$800 - $1,999:
52.31%
$150,000 - $200,000:
10.45%
Over $2,000:
16.75%
$200,000 - $300,000:
43.62%
Median Home Value:
$274,300
$300,000 - $500,000:
35.09%
Unit Occupied Owner:
76.23%
Above $500,000:
2.47%
Median Mortgage:
$1,043
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Rent Payments
Year Built
Unit Occupied Renter:
23.77%
1999 - 2000
Median Gross Rent:
$1,389
1995 - 1998
Less Than $499
0%
1990 - 1994
$500 - $749
0%
1980 - 1989
38.56%
$750 - $999
0%
1970 - 1979
56.12%
$1000 and Over
100%
1900 - 1969
2.27%
Public Pre-Primary School:
0.55%
Not Enrolled in School:
78.47%
Private Pre-Primary School:
0.36%
Not A High School Graduate:
3.44%
Public School:
18.12%
Graduate Of High School:
14.99%
Private School:
3.41%
Attended Some College:
19.86%
Public College:
3.49%
College Graduate:
38.13%
Private College:
2.77%
Graduate Degree:
23.58%
56.46%
Private Worker:
67.6%
Government Worker:
17.83%
Self Employed Worker:
5.17%
Unpaid Family Worker:
3.61%
Education Enrollment
Workforce Occupation:
Manager/Prof: Technical: Sales:
19.43%
Administrative: Private House Hold: Service:
Farming: 13.46%
Protective Services:
3.39%
Skilled: Blue-Collar:
10.65%
Commute Time
Less Than 15 Min:
31.44%
15 min - 28 min:
40.59%
30 min - 57 min:
24.82%
Over 60 min:
3.14%
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Public Schools :
Elementary Schools
Washington Elementary School
Distance 0.93 Miles
2260 W Isabella Ave Mesa AZ 85202 Telephone : (480) 472-4100 Lowest Grade : Pre-K Kindergarten : Yes Enrollment : 440
School District : Mesa Unified District (4235) Highest Grade : 6th School Enrollment : Total Expenditure/Student : 373
Fuller Elementary School
Distance 1.12 Miles
1975 E Cornell Dr Tempe AZ 85283 Telephone : (480) 897-6228 Lowest Grade : K Kindergarten : Yes Enrollment : 592
School District : Tempe School District (4258) Highest Grade : 5th School Enrollment : Total Expenditure/Student : 212
Franklin At Alma Elementary
Distance 1.13 Miles
1313 W. Medina Ave Mesa AZ 85202 Telephone : (480) 472-3900 Lowest Grade : Pre-K Kindergarten : Yes Enrollment : 375
School District : Mesa Unified District (4235) Highest Grade : 8th School Enrollment : Total Expenditure/Student : 373
Summit Academy
Distance 1.22 Miles
1560 W Summit Pl Chandler AZ 85224 Telephone : (480) 472-3500 Lowest Grade : Pre-K Kindergarten : Yes Enrollment : 1226
School District : Mesa Unified District (4235) Highest Grade : 8th School Enrollment : Total Expenditure/Student : 373
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Middle Schools
Rhodes Junior High School
Distance 0.88 Miles
1860 S Longmore Mesa AZ 85202 Telephone : (480) 472-2300 Lowest Grade : 7th Kindergarten : No Enrollment : 905
School District : Mesa Unified District (4235) Highest Grade : 9th School Enrollment : Total Expenditure/Student : 373
Fees College Preparatory Middle School
Distance 1.9 Miles
1600 E Watson Dr Tempe AZ 85283 Telephone : (480) 897-6063 Lowest Grade : 6th Kindergarten : No Enrollment : 929
School District : Tempe School District (4258) Highest Grade : 8th School Enrollment : Total Expenditure/Student : 212
Connolly Middle School
Distance 2.56 Miles
2002 E Concorda Dr Tempe AZ 85282 Telephone : (480) 967-8933 Lowest Grade : 6th Kindergarten : No Enrollment : 1130
School District : Tempe School District (4258) Highest Grade : 8th School Enrollment : Total Expenditure/Student : 212
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
High Schools
Evit - Dobson High School
Distance 0.96 Miles
1501 W Guadalupe Rd Mesa AZ 85202 Telephone : (480) 461-4000 Lowest Grade : 9th School Enrollment : Total Expenditure/Student :
School District : East Valley Institute Of Technology (4516) Highest Grade : 12th Enrollment : 0 Advanced Placement : No
Dobson High School
Distance 0.96 Miles
1501 W Guadalupe Rd Mesa AZ 85202 Telephone : (480) 472-3000 Lowest Grade : 9th School Enrollment : Total Expenditure/Student : 373
School District : Mesa Unified District (4235) Highest Grade : 12th Enrollment : 2369 Advanced Placement : No
Arizona Agribusiness & Equine Center Inc. - Mesa
Distance 1.56 Miles
1440 S Longmore Mesa AZ 85202 Telephone : (480) 222-3999 Lowest Grade : 9th
School District : Arizona Agribusiness & Equine Center Inc. (134379) Highest Grade : 12th
School Enrollment :
Enrollment : 81
Total Expenditure/Student :
Advanced Placement : No
James Madison Preparatory School
Distance 1.69 Miles
5815 S Mcclintock Dr Tempe AZ 85283 Telephone : (480) 345-2306 Lowest Grade : 6th School Enrollment : Total Expenditure/Student :
School District : James Madison Preparatory School (79063) Highest Grade : 12th Enrollment : 181 Advanced Placement : No
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Local Business Attractions / Recreation Name
Address
Telephone
Distance (Miles)
Kung Fu Creative Llc
2365 S Paseo Loma Cir Mesa Az
(480) 282-3063
0.1
Laughing Bull Entertainment, Llc
2266 S Dobson Rd Mesa Az
(602) 472-3107
0.18
Aqua Swim Llc
2431 S El Dorado Mesa Az
(480) 491-8202
0.28
Campground Properties, Inc.
2656 S Salida Del Sol Mesa Az
(480) 491-8800
0.3
Banks / Financial Name
Address
Telephone
Distance (Miles)
Hb Funding Group Llc
2222 S Dobson Rd Ste 901 Mesa Az
(480) 237-1390
0.25
Mortgage Processing Group, Llc
2525 W Medina Ave Mesa Az
(602) 568-7854
0.42
Titlemax Of Arizona, Inc.
2103 W Guadalupe Rd Mesa Az
(480) 491-5853
0.5
Bank Of America, National Association
1961 W Baseline Rd Mesa Az
(480) 345-0923
0.56
Eating / Drinking Name
Address
Telephone
Distance (Miles)
East-west Ranch One, L.l.c.
2205 S Catarina Mesa Az
(480) 491-8312
0.33
Bagels Plus, Llc
2432 W Los Lagos Vis Mesa Az
(480) 755-7315
0.4
Gordita Bar Llc
2312 W Lindner Ave # 38 Mesa Az
(480) 752-1087
0.4
Desert Treat, Llc
2338 W Lindner Ave # 35 Mesa Az
(480) 658-7087
0.41
Health Care Services Name
Address
Telephone
Distance (Miles)
Jaime Ibarrola, M.d., Pllc
2425 S Los Altos Mesa Az
(480) 345-2681
0.04
Arizona Private Care Llc
2266 S Dobson Rd Ste 200 Mesa Az
(480) 814-8181
0.18
Cloutier, Nathan John
2266 S Dobson Rd Ste 200 Mesa Az
(480) 329-8065
0.18
Mobile Medical Providers Of Arizona Llc
2266 S Dobson Rd Ste 200 Mesa Az
(480) 663-3417
0.18
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Hospitality Name
Address
Telephone
Distance (Miles)
Del Rio Lodge, L.l.c.
2231 W Lobo Cir Mesa Az
(480) 833-0010
0.13
Innkeeper Llc
2326 W Naranja Ave Mesa Az
(480) 760-1400
0.46
Holiday Inn Express
2559 W Naranja Ave Mesa Az
(480) 529-5187
0.65
White Mountain Cabins, Llc
1711 W Natal Ave Mesa Az
(480) 310-7062
0.7
Organizations / Associations Name
Address
Telephone
Distance (Miles)
Christian Alcoholism Treatment
2023 W Guadalupe Rd 11-18 Mesa Az
(480) 696-6873
0.51
Arizona Woman's Missionary Union
2814 S Las Palmas Cir Mesa Az
(480) 839-4233
0.59
St. Matthew United Methodist Church
2540 W Baseline Rd Mesa Az
(480) 838-7309
0.6
The Church Of Jesus Christ Of Latterday Saints
2300 W Javelina Ave Mesa Az
(480) 831-8376
0.64
Personal Services Name
Address
Telephone
Distance (Miles)
Optimum Management Group, Inc.
2266 S Dobson Rd Ste 200 Mesa Az
(480) 734-5275
0.18
Studio 14 Salon & Spa Suites, Llc
2241 S Catarina Cir Mesa Az
(480) 838-0947
0.22
Where There's A Will Personal Training 2730 W Nido Ave Mesa Az Llc
(602) 999-0217
0.65
Maxfit Llc
(602) 568-5592
0.73
1731 W Baseline Rd # 110 Mesa Az
Shopping Name
Address
Telephone
Distance (Miles)
Susan Gaumont Nutrition Consu
2355 W Lomita Cir Mesa Az
(480) 839-2141
0.28
Paint Party Az
2232 W Lindner Ave # 17 Mesa Az
(732) 547-0435
0.39
Quick Mobile Check Services In
1902 W Nopal Cir Mesa Az
(480) 735-9434
0.5
Foodies Haven Corporation
2023 W Guadalupe Rd # 14 Mesa Az (480) 878-4509
0.51
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Subject Property : 2046 W Medina Ave Mesa AZ 85202
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Sales Document
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Loan Document
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
Customer Name : Maureen Myles Customer Company Name : Old Republic Title Prepared On : 10/06/2022 © 2022 CoreLogic. All rights reserved
The Closing Process When an Offer Becomes a Contract: • Open escrow with Old Republic Title. • When you receive the contract make sure all pages and changes have been initialed. • Please DATE the executed contract. This applies to both the seller’s agent and the buyer’s agent. • Be sure that all addenda and counteroffers are attached and all applicable boxes are checked. If applicable, include the completed and signed HOA Addendum with the name of the Master and Sub Association along with who is required to pay the Transfer and Capital Improvement Fees at COE. • Provide Old Republic Title a copy of the executed contract and any other applicable documents, along with the earnest money deposit from the buyer. • If the contract has been faxed several times
and is hard to read, furnish a legible copy to Old Republic Title • Let Old Republic Title know the commission structure contained in the contract. Also, if you have a Commission Disbursement Authorization form, present it to Old Republic Title. Title Commitment: • Check the vested owner on Schedule A to make sure it matches the name of the seller. • Check Schedule B to make sure there are no liens or other issues, other than the seller’s existing mortgage lien, that will be paid off at closing • Notify Old Republic Title if you see any issues (i.e.: marital status, deceased spouse, probate, divorce, etc.).
www.OldRepublicTitle.com/Arizona 05/2021 | © 2021 Old Republic Title | OR1414-DI | This material is for educational purposes only and does not constitute legal advice. We assume no liability for errors or omissions.
The Closing The Closing: • Any information you know about the client that might affect the closing would be beneficial to provide to Old Republic Title. Examples: Buyer or seller will be out of town during escrow or at closing; a Power or Attorney (POA) is needed; special arrangements for any disabilities, etc. This information will help Old Republic Title provide a smooth and efficient closing and avoid potential delays. • If applicable, the buyers or sellers, will need to bring a CASHIERS CHECK payable to the Old Republic Title Agency or have their funds wired in. • All parties will need to have a valid government-issued ID (e.g.: a driver’s license or passport). • Power of Attorney – Must be signed and notarized ahead of time and the original provided to Old Republic Title. Old Republic Title Underwriting approval is required for any transaction involving a POA. • Mail outs – Old Republic Title will furnish a pre-paid return envelope for any documents that need to be signed, initialed and notarized for return by overnight mail. Make sure Old Republic Title has the correct address to ship the applicable package. • Once the loan documents are executed, they will need to be returned to the lender for approval. The lender will then deposit loan funds and authorization for Old Republic Title to record and disburse. • Coordinate key delivery including garage door openers, mailbox keys, alarm codes, etc. • Coordinate and schedule signing appointments for closing documents at Old Republic Title. • Review the Settlement Statement sent by Old Republic Title prior to closing. Notify the Escrow Officer of any discrepancies in charges and/or fees in order to avoid any last minute changes or delays in closing.
www.OldRepublicTitle.com/Arizona 05/2021 | © 2021 Old Republic Title | OR1414-DI | This material is for educational purposes only and does not constitute legal advice. We assume no liability for errors or omissions.
ESCROW OPENED Escrow number issued, contract and deposit received by escrow
Preliminary Report prepared and distributed for review Preliminary Report/Commitment prepared and distributed for review
Additional terms and appropriate invoices from companies such as termite companies, homeowner associations, roofers, inspection companies, home warranty companies etc. forwarded to the Escrow Officer. CLOSING DISCLOSURE SENT BY THE LENDER OR ESCROW OFFICER TO THE BUYER FOR REVIEW
Seller Closing Disclosure sent to the seller by the Escrow Officer Estimated Settlement Statement sent to the respective buyer’s and seller’s agents
Escrow receives loan documents and lender instructions for scheduling the signing
SIGNING DATE IS SCHEDULED Buyer and Seller to bring valid ID to the signing appointment Buyer to bring funds to close Signed documents are returned to the lender and funds are requested to close
Funds are received from the lender and documents sent to the County Recorder for recording
Confirmation of recording is received, funds are disbursed, final settlement statement is prepared and final CD is sent to the buyer by the lender or Escrow Officer CONGRATULATIONS
Escrow is now closed. Keys are typically delivered by the agents or the seller to the new homeowner and the Owner’s Title Policy is delivered by mail.
WHO PAYS WHAT IN ARIZONA 1. Down payment 2. Termite (Wood Infestation) Inspection 3. Property Inspection (if requested by Buyer) 4. Property Repairs, if any (negotiable) 5. New Loan Origination Fee (negotiable) 6. Discount Points (negotiable) 7. Document Preparation Fee (negotiable) 8. Credit Report 9. Appraisal or Extension Fee (negotiable) 10. Existing Loan Payoff 11. Existing Loan Payoff Demand 12. Loan Prepayment Penalty (if any) 13. Prepaid Interest (approx. 30 days) 14. FHA, MIP, VA Funding Fee, PMI Premium 15. Assessments payoff or proration (sewer, paving, etc.) 16. Taxes 17. Tax Impounds 18. Tax Service Contract 19. Fire/Hazard Insurance 20. Flood Insurance 21. Homeowners Association Transfer Fee (negotiable) 22. HOA/Disclosure Fee 23. Current HOA Payment 24. Next Month’s HOA Payment 25. Home Warranty Premium (negotiable) 26. Realtors’ Commissions 27. Owners Title Insurance Policy 28. Lenders Title Policy and Endorsements 29. Escrow Fee * 30. Recording Fees 31. Reconveyance/Satisfaction Fee 32. Courier/Express Mail Fees (inclusive in Escrow Fee)* 33. Wire Fees (inclusive in Escrow Fee)* 34. Email Loan Documents (inclusive in Escrow Fee)*
CASH
FHA
VA
CONV
BUYER BUYER BUYER
BUYER BUYER BUYER
BUYER BUYER BUYER
BUYER BUYER BUYER
BUYER
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Effective 05.09.18 | ORF-1550 | Old Republic Title is providing this information as a free customer service and makes no warranties or representations as to its accuracy. Old Republic Title strongly recommends that consumers confer with their title insurer as underwriting requirements vary among companies and further, obtain guidance and advice from qualified professionals, including attorneys specializing in Real Property, Trusts and/or Title Insurance to get more detailed, and current, information as to any particular situation affecting them.
Seller Required Items For a Smooth and Timely Closing Congratulations on selecting a real estate professional to market your home and handle the negotiations of your sale. As you prepare your home to be market ready, don’t forget the items and paperwork required for a successful closing. Below is a list that will assist you in gathering that information. Old Republic Title looks forward to providing escrow and title services and offering you guidance throughout the closing process.
For a timely and smooth closing you may need to provide the following items: • Your Social Security or Taxpayer ID numbers. • A current US Government issued picture ID (driver’s license, passport). • Your Marital Status. A copy of a Divorce Decree, if applicable. • A copy of your Trust, if applicable. • A copy of a Probated Will, if applicable. • Information concerning a bankruptcy, IRS lien, unpaid child support lien, if applicable. • Daytime contact information, email and current mailing address. • Current home warranty information, if any. • If one of the parties will not be at closing, alert our office to prepare a remote closing or provide our office with an original executed and notarized Power of Attorney. • Your current mortgage information, if applicable. • Homeowner’s Association information, if applicable. • A post-closing forwarding address. www.OldRepublicTitle.com/Arizona 05/2021 | © 2021 Old Republic Title | OR1414-DI | This material is for educational purposes only and does not constitute legal advice. We assume no liability for errors or omissions.