Six Steps to a Successful Escrow

The Arizona Association of Realtors® (AAR) created a contract that is used in place of our escrow instructions and it is important to ensure the following is fulfilled:

  • Copy of contract signed and dated by all parties
  • Legible copy
  • Addendums (including Loan Status Report, HOA/PUD Addendum, etc. upon opening escrow)
  • Counter offers
    • Complete addresses for Seller and Buyer
    • Current addresses
  • Work addresses as well as home (mailing)
  • Addresses that will be used for buyers and sellers after close of escrow
    • Correct legal description
    • Lot number
    • Subdivision
    • Parcel number
    • Street address
  • Mobile Home
    • Affidavit of Affixture
    • Certificates of Title
  • Check for Earnest Money deposit