5 Things Every First-Time Buyer in Arizona Needs to Know

Buying your first home in Arizona is exciting, but the process can feel overwhelming. Here are five essential things I tell every first-time buyer client:\n\n1. GET PRE-APPROVED FIRST — Not pre-qualified, pre-approved. This means a lender has verified your income, credit, and assets. In competitive situations, sellers take pre-approved buyers seriously.\n\n2. UNDERSTAND ARIZONA DISCLOSURE LAWS — Arizona requires sellers to disclose known material defects. The SPDS (Seller Property Disclosure Statement) is your friend. Read every line.\n\n3. BUDGET FOR CLOSING COSTS — Expect 2-3% of the purchase price in closing costs. On a $400K home, that is $8,000-$12,000 on top of your down payment.\n\n4. HOME INSPECTION IS NON-NEGOTIABLE — Arizona homes can have unique issues: roof damage from monsoons, AC systems pushed to their limits, and potential foundation issues from expansive soil. Always get a thorough inspection.\n\n5. EXPLORE DOWN PAYMENT ASSISTANCE — Arizona has excellent DPA programs. The Home Plus program, Pathway to Purchase, and various city-specific programs can help with 3-5% of the purchase price.