TERMS OF USE

Last Updated: April 2023

 Please read these Terms of Use carefully before continuing on with your use of the Services. By accessing and/or using the Services (including without limitation our websites and mobile applications) You are agreeing to these Terms of Use. IF YOU DO NOT AGREE WITH THESE TERMS, DO NOT ACCESS OR USE THE SERVICES. By registering with or accessing the Service you are acknowledging and accepting these Terms of Use (these "Terms"). Capitalized terms are defined below.THESE TERMS OF USE CONTAIN A MANDATORY INDIVIDUAL ARBITRATION AND CLASS ACTION/JURY TRIAL WAIVER PROVISION THAT REQUIRES THE USE OF ARBITRATION ON AN INDIVIDUAL BASIS TO RESOLVE DISPUTES, RATHER THAN JURY TRIALS OR CLASS ACTIONS. BY AGREEING TO THESE TERMS OF USE AND THE ARBITRATION AND CLASS ACTION WAIVER PROVISION, YOU WAIVE YOUR RIGHT TO BRING A LAWSUIT IN COURT.Coldwell Banker Real Estate LLC (“We”) fully support the principles of the Fair Housing Act and the Equal Opportunity Act.Some words used in these Terms of Use have a specific definition. You can find these definitions at the end of these Terms of Use.

1. These Terms
This is a legally binding agreement. The terms "you" and "your" refer to an individual registering with or accessing the Service. You represent that you have the full right, power, and authority to enter into and perform these Terms without the consent of any third party.We may, in our sole discretion, amend these Terms from time to time upon notice. Your continued use of the Service after any such change constitutes your acceptance of the amended Agreement. If you do not agree to any portion of these Terms at any time, you must cease your access and use of the Service.

2. Use of the ServiceA. Accounts
You may register, maintain, and create an Account for the Service. You are responsible and liable for all activities conducted in connection with your Account, for maintaining the security of your username and password, and for the accuracy of all information relating thereto, including contact, technical and payment information, and your login credentials. You will promptly (i) update any Account information when it changes, and (ii) notify us of any unauthorized use of your Account, including any security or data breach. You may only connect to the Service through your Account and in accordance with our access procedures. You will not allow an Account to be shared or used by more than one individual. By providing us with your email address you consent to us sending you Service-related notices. You must be eighteen (18) years of age or older to use the Service.

B. Service Rules
You will use the Service strictly in accordance with these Terms, all Documentation, the Privacy Policy, and Applicable Law. You will not engage in any of the following activities:

(i) use the Service in violation of any third-party license or agreement;

(ii) use the Service to collect, process, or store bank account information, credit or debit card information, personally identifiable information pertaining to children under 13, or health or medical information (including 'Protected Health Information' as defined in the Health Insurance Portability and Accountability Act of 1996);

(iii) sublicense, sell, transfer, assign, distribute, republish, rent, lease or transmit in any form or by any means any part of the Service;

(iv) use, modify, copy, or create derivative works from the Service or Marks without the applicable owner's written permission, including without limitation using automated or manual means to access Content from the Service;(v) frame, mirror, embed or otherwise incorporate any portion of the Service in any other service or product;(vi) scrape or use any automated means to collect data from the Service or any website;

(vii) reverse engineer, decompile, or disassemble any part of the Service, or use or access any part of the Service in connection with any other product or service using features, functions or graphics similar to any part of the Service;

(viii) remove, obscure, or alter any Intellectual Property Rights notice related to any part of the Service or Marks;

(ix) send or store unsolicited, infringing, harassing, obscene, threatening, harmful, defamatory, or otherwise unlawful Content;

(x) facilitate the transmission or use of any: (a) malicious code (including malware, viruses, worms, and Trojan horses); (b) traps, time bombs, or other code with a latent ability to disable or cripple software or services; or (c) code that would allow any party to interfere with or access any of portion of the Service;

(xi) interfere with, disrupt, or overburden the integrity or performance of the Service, or interfere with any other use of the Service;

(xii) attempt or assist others to attempt to gain unauthorized access to the Service or its related systems or networks; or(xiii) use the Service in any way not expressly authorized by these Terms.

C. Service Changes; Suspension
We may, without prior notice, change the Service, stop or suspend access to any or all of the Service,

or create usage limits for the Service. Your continued use of the Service after any change or limitation constitutes your acceptance thereof.

D. Monitoring; Records
We have the right, but not the obligation, to review and monitor your use of the Service at any time, with or without notice, including Communications, to ensure compliance with these Terms.

E. User Content and Behavior
Because we do not control Content, you acknowledge and agree that we are not responsible for any Content and we make no guarantees regarding the accuracy, currency, suitability, or quality of any Content. Your interactions with Users are solely between you and such Users and we are not responsible or liable with respect to any such interactions. If there is a dispute between you and any User, we are under no obligation to become involved. We reserve the right to change, condense or delete any content, information, or other materials on the Service (including your Content).

F. Your Representations You represent and warrant that you:

(i) are entitled to grant the rights and licenses to your Content under these Terms and none of your Content will infringe any party's Intellectual Property Rights or violate Applicable Law;


(ii) will not sublicense, sell, license, assign, or transfer to any party any information obtained through the Service or engage in any other commercial exploitation of the Service;

(iii) have the right and authority to enter into these Terms, and that by entering into or executing your obligations under these Terms, you will not be in breach or violation of the terms of any agreement with or obligation to any third party;


(iv) are a prospective purchaser or seller of real property in the geographic areas where we are licensed and operating with a bona fide interest in the purchase or sale of such real property;

(v) have not signed any agreement with a real estate broker or agent that would prevent you from using one of our offices as your sole and exclusive broker or agent, and you do not have a contract or agreement with any third party that would interfere with our representation of you;


(vi) will limit your search on the Service to properties within your anticipated purchase ability or price range and to the properties that meet your other criteria;

(vii) will not (a) contact the owner or seller of any property from information gained through the Service or (b) attempt to enter the property or speak with an owner or seller without an appointment set by us;

(viii) will abide by all copyright restrictions placed on the content of the Website including, but not limited to, any material or data compilations where we or others may hold the copyright;

(ix) agree that we may also represent other prospective buyers seeking to purchase properties that may meet your criteria;

(x) authorize us to review and provide copies of various documents in any of your transactions relating to the Service, including without limitation home inspection reports and closing papers;

G. Agent Users
Any User that holds any type of real-estate license, including, but not limited to a brokers, associate brokers or salespersons license other than Agents must immediately advise us before that User may access any password protected material including, without limitation, house listing data or other data compilations. We reserve the right to deny or terminate access to any real-estate agent who is not an Agent, except for the real-estate agent's limited purpose of accessing the Website for verifying compliance with MLS rules.

H. Property Data Restrictions
In addition to other restrictions herein, for the avoidance of doubt, all property data provided on the Service is for your personal, sole and private, non-commercial use and not available for redistribution, retransmission or copying. You may not sell or use such data for any purpose, other than the purpose of attempting to evaluate properties or properties for sale or purchase. You acknowledge that the MLS data on the Service is owned by the respective MLS, and you acknowledge the validity of the MLS's copyright to such data.

3. Licenses

A. License to You
Subject to these Terms, we grant you a non-exclusive, non-sublicenseable, nontransferable, limited

right, solely during the term of the Agreement, to access and use the Service solely for your non- commercial purposes related to searching for real estate for personal use.

B. License to Us
You grant to the us a non-exclusive, sublicensable, transferable, perpetual, irrevocable, royalty-free, worldwide license to use, develop, transmit, distribute, modify, reproduce, publicly display, and create derivative works of any of your Content to provide, develop, maintain, support, and improve the Service and the Affiliated Entities services.

C. Maps
The Service may feature Microsoft Bing Maps and Google Maps. Use of Microsoft Bing Maps is subject to the Bing Maps Terms of Use and use of Google Maps is subject to the Google Maps Terms of Use and Privacy Notice. Such services are not under the control of Affiliated Entities. Please review the terms of use or privacy policies of these services for rights and restrictions.

4. Ownership Rights

A. Our Ownership Rights
As between you and us, (i) we solely and exclusively own and will continue to own all right, title and interest in and to the Service and Marks; (ii) you will do nothing inconsistent with such ownership, including by challenging title or registering or attempting to register Marks or any similar trademarks; (iii) no title to or ownership in the Service or Marks, or any associated Intellectual Property Rights embodied therein, is transferred by implication to you under these Terms; and (iv) any use of Marks by you that is permitted under these Terms will inure to the benefit of and be on behalf of the applicable owner. You will promptly notify us of any use of the Service or Marks by any party that is not authorized by these Terms. If you provide us or any affiliate with Feedback, you assign to such entity all right, title and interest in and to such Feedback, including all Intellectual Property Rights therein, waiving all claims thereto, including claims of payment and credit.

B. Your Ownership Rights
As between you and us, and subject to Sections 3(B) and 4(A) above, you own all right, title and interest in and to your Content.

5. Data
You agree that the Affiliated Entities, including us, may collect, store, use, and distribute information in accordance with the Privacy Notice, including in respect of your information and data. You will comply with the Privacy Notice. Without limiting the rights contained in the Privacy Notice, You understand and agree that we may use both the data you input into as well as usage data (such as search criteria) to provide and improve our real estate services.

6. Compliance
We do not provide compliance services.You agree that the Service is provided for your convenience only, and not for purposes of enabling you to meet your obligations under Applicable Law and third-party agreements. You are solely responsible for ensuring compliance with such obligations.

7. Payment
If any amounts are due hereunder, you will pay us in accordance with statements issued by us or otherwise as agreed within the Service. Pricing for any portion of the Service is subject to change upon our notice. Pricing excludes, and you will pay, all taxes, but neither party will pay income taxes of the other party. For any amount you fail to pay by its due date, we may charge you a late penalty on the amount overdue each day it is overdue until it is paid, equal to the lesser of (a) the maximum legally permissible interest rate, and (b) an interest rate of five percent (5%), which reflects the cost of our efforts to collect your payment. You will pay amounts through the means determined by us, including without limitation through a payment service provided by us or a PSP. If a PSP is used, you may also be required to register with the PSP, agree to the PSP's terms of service and privacy policies, and go through a vetting process at the request of the PSP. Please note we are not a party to the PSP's terms of service and privacy policies and we have no obligations or liability to you under any such terms or policies.

8. NO WARRANTIES
THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EXPRESS, IMPLIED, OR STATUTORY. USE OF THE SERVICE HEREUNDER IS AT YOUR SOLE RISK. THE AFFILIATED ENTITIES DISCLAIM ALL WARRANTIES, EXPRESS, IMPLIED, OR STATUTORY INCLUDING ANY IMPLIED WARRANTY OF MERCHANTABILITY , FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON- INFRINGEMENT, AS WELL AS ANY IMPLIED WARRANTY ARISING FROM COURSE OF PERFORMANCE, COURSE OF DEALING OR USAGE OF TRADE. WITHOUT LIMITING THE GENERALITY OF THE FOREGOING, NO AFFILIATED ENTITY, INCLUDING US, AND EACH OF THEIR LICENSORS AND SUPPLIERS DO NOT WARRANT THAT ANY PORTION OF THE SERVICE, CONTENT THEREIN OR MLS FEED IS ACCURATE, RELIABLE OR CORRECT; THAT THE SERVICE WILL MEET YOUR REQUIREMENTS OR COMPLY WITH LAWS APPLICABLE TO YOU; THAT ANY PORTION OF THE SERVICE WILL BE AVAILABLE AT ANY PARTICULAR TIME OR LOCATION, UNINTERRUPTED, BACKED UP, SECURE, OR FREE FROM BREACH OR INTERCEPTION OF DATA OR YOUR CONFIDENTIALITY INFORMATION; THAT ANY DEFECTS OR ERRORS WILL BE CORRECTED; OR THAT THE SERVICE IS FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. ANY CONTENT DOWNLOADED OR OTHERWISE OBTAINED THROUGH THE SERVICE IS DOWNLOADED AT YOUR OWN RISK. NEITHER US NOR ANY AFFILIATED ENTITY WARRANT, ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY PRODUCT, SERVICE, LINK OR ADVERTISEMENT OFFERED BY ANY THIRD PARTY THROUGH THE SERVICE OR ANY LINKED WEBSITE OR SERVICE, AND NEITHER US NOR ANY AFFILIATED ENTITY WILL BE A PARTY TO OR IN ANY WAY MONITOR ANY TRANSACTION BETWEEN YOU AND ANY SUCH THIRD PARTY.

9. LIMITATION OF LIABILITY
IN NO EVENT WILL ANY AFFILIATED ENTITY, INCLUDING US, OR ANY OF THEIR EMPLOYEES, LICENSORS, CONSULTANTS, CONTRACTORS, OR DIRECTORS, BE LIABLE FOR COSTS OF PROCUREMENT OF SUBSTITUTE GOODS, LOSS OF REVENUES, LOSS OF PROFITS, LOSS OF DATA, ERRORS, OMISSIONS, MISCALCULATIONS, MISREPRESENTATIONS OF VALUE, OR FOR ANY DIRECT, INDIRECT, SPECIAL, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY, OR OTHER DAMAGES. THIS LIMITATION OF LIABILITY APPLIES WHETHER THE ALLEGED LIABILITY IS BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR ANY OTHER BASIS, EVEN IF ANY AFFILIATED ENTITY, INCLUDING US, HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. THIS LIMITATION ON LIABILITY DOES NOT APPLY TO PERSONAL INJURY. OUR LIABILITY TO YOU FOR USE OF AND/OR ACCESSING THE SERVICES OR WEBSITES SHALL IN NO EVENT EXCEED THE GREATER OF THE FEES, IF ANY, YOU HAVE PAID FOR THE SERVICES OR TEN(10)DOLLARS. THEREFORE GOING LIMITATION OF LIABILITY WILL APPLY TO THE FULLEST EXTENT PERMITTED BY LAW IN THE APPLICABLE JURISDICTION.

10. Indemnification
You will indemnify, defend and hold us, including any Affiliated Entity, harmless from and against any and all Claims to the extent arising out of or in connection with your (i) breach of these Terms; (ii) conduct involving fraud, negligence, omissions, or willful misconduct; and (iii) misuse of the Content or any other misuse of the Service.

11. Third Parties
We may, in our sole discretion, (a) delegate or subcontract the performance of any portion of the Service to third party service providers, and (b) make available one or more Third Party Products to you in connection with the Service. Third-Party Products may be separately licensed to you by their respective providers. If you access a Third-Party Product from the Service, you do so at your own risk, and the User understands that these Terms and the Privacy Notice do not apply to your use of such sites. You expressly relieve us from any and all liability arising from your use of any Third-Party Product, and we make no representations or warranties of any kind in respect thereof. PLEASE ALSO VISIT THIRD PARTY WEBSITES TO REVIEW THEIR TERMS OF USE. ADDITIONALLY, THERE MAY BE LINKS TO THIRD PARTY SITES WHICH ARE NOT UNDER OUR CONTROL AND WE ARE NOT RESPONSIBLE FOR THE CONTENTS OF ANY LINKED SITE.

12. Confidentiality
Recipient may use Disclosing Party's Confidential Information solely to perform Recipient's obligations or exercise its rights hereunder. Recipient will not knowingly disclose, or permit to be disclosed, Disclosing Party's Confidential Information to any third party without Disclosing Party's prior written consent, except that Recipient may disclose Disclosing Party's Confidential Information solely to Recipient's employees and/or subcontractors who have a need to know and who are bound in writing to keep such information confidential pursuant to confidentiality agreements containing nondisclosure obligations substantially similar to those in these Terms. Recipient agrees to exercise due care in protecting Disclosing Party's Confidential Information from unauthorized use and disclosure, and in any case will not use less than industry standard security measures and the degree of care a reasonable person would use. The foregoing will not apply to any information that: (i) is in the public domain through no fault of Recipient; (ii) was properly known to Recipient, without restriction, prior to disclosure by Disclosing Party; (iii) was properly disclosed to Recipient, without restriction, by another person with the legal authority to do so; (iv) Recipient independently develops without use of Disclosing Party's Confidential Information; (v) is expressly permitted to be disclosed pursuant to the terms of these Terms; or (vi) is required to be disclosed pursuant to a judicial or legislative order or proceeding; provided that, where possible, Recipient provides to Disclosing Party prior notice of the intended disclosure and an opportunity to respond or object thereto. Our Confidential Information includes these Terms, our pricing, our Intellectual Property Rights, and the Service. Notwithstanding the foregoing, our obligations under this section are subject to the disclaimers set forth in Section 8 above.

Our obligations with respect to your Confidential Information under these Terms are subject to the Privacy Notice. Please review our Privacy Notice.

13. Termination
These Terms will continue in full effect unless and until your Account or these Terms is terminated as described herein. We may terminate these Terms for convenience upon notice. Upon termination of the Agreement, the rights and licenses granted to you hereunder will immediately terminate. Upon termination of these Terms, you grant to us a non-exclusive, non-sublicenseable, non-transferable, irrevocable, and perpetual license to use the data and information collected by the Service under your Account during the term of these Terms, and to use such data and information in accordance with the Privacy Notice.

14. Third Party Beneficiary
You expressly acknowledge and agree that we have the right (and will be deemed to have accepted the right) to enforce these Terms against you as a third-party beneficiary thereof, and that we will have the full benefits of these Terms. These Terms do not and are not intended to confer any rights or remedies upon any person other than the parties and as otherwise expressly stated herein.

15. Assignment
These Terms, and any rights and licenses granted hereunder, may not be transferred or assigned by

you without our prior written consent, but may be assigned by us without restriction. Any attempted transfer or assignment in violation hereof will be nil and void.

16. General

A. Nature of Relationship
The relationship of the parties under these Terms will be that of independent contractors. Neither these Terms as a whole or any part of these Terms will render either party the agent, representative, servant, or employee of the other party. Neither party has the power, express or implied, to bind the other party in any manner or to make representations on behalf of the other party regarding any matter. Except as stated in the Agreement, we will in no way be restricted from using or commercializing all or any portion of the Service or performing or receiving any services from any third-party including services the same as or similar to the Service provided or received in connection with these Terms.

B. MODIFICATION
We may modify any of these terms and conditions at any time, in our sole discretion, by posting the updated Terms. The changes will become effective no sooner than 30 days after posting, please check the Terms from time to time for updates. YOUR CONTINUED USE OF AND/ACCESS OF THE SERVICES OR THE WEBSITES FOLLOWING A CHANGE WILL CONSTITUTE YOUR ACCEPTANACE OF THE CHANGE.

C. AGREEMENT TO ARBITRATE DISPUTES
PLEASE READ THIS SECTION CAREFULLY - IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND TO HAVE A JURY HEAR YOUR CLAIMS. ARBITRATION IS A WAIVER OF THE RIGHT TO BRING SUIT IN COURT.

THIS SECTION CONTAINS PROCEDURES FOR MANDATORY BINDING ARBITRATION AND A CLASS ACTION WAIVER. IF YOU ARE A U.S. RESIDENT, YOU ALSO AGREE TO THE FOLLOWING MANDATORY ARBITRATION PROVISIONS:

WE BOTH AGREE TO ARBITRATE:

You and all Affiliated Entities agree to resolve any claims relating to these Terms through final and binding arbitration, except that, to the extent you have in any manner violated or threatened to violate our intellectual property rights (for example, trademark, trade secret, copyright, or patent rights). Under such circumstances, any Affiliated Entities may bring a lawsuit solely for injunctive relief to stop unauthorized use or abuse of the Site, or intellectual property infringement (for example, trademark, trade secret, copyright, or patent rights) without first engaging in arbitration or the informal dispute resolution process described above.

WHAT IS ARBITRATION: Arbitration is more informal than a lawsuit in court and seeks to resolve disputes more quickly. Instead of a judge or a jury, the case will be decided by a neutral arbitrator who has the power to award the same damages and relief that a court can. Thus, you agree that you are waiving your right to sue or go to court to secure relief, and instead agree to the arbitration process as stated in this provision. If any provision of this arbitration agreement is found unenforceable, the unenforceable provision shall be severed, and the remaining arbitration terms shall be enforced.

ARBITRATION PROCEDURES: The Federal Arbitration Act governs the interpretation and enforcement of this dispute resolution provision. Arbitration shall be initiated through JAMS. Any dispute, controversy, or claim arising out of or relating to these Terms shall be referred to and finally determined by arbitration in accordance with the JAMS Streamlined Arbitration Rules and Procedures.If there is a conflict between JAMS Rules and the rules set forth in this Agreement to Arbitrate, the rules set forth in this Agreement to Arbitrate will govern. The JAMS Rules and instructions for how to initiate an arbitration are available from JAMS at http://www.jamsadr.com or 1-800-352-5267. To initiate arbitration, you or we must do the following things:

• (1) Write a demand for Arbitration. The demand must include a description of the Claim and the amount of damages sought to be recovered. You can find a copy of a Demand for Arbitration at www.jamsadr.com.

• (2) Send three copies of the Demand for Arbitration, plus the appropriate filing fee to your local JAMS office.

• (3) Send one copy of the Demand for Arbitration to the other party.

Payment of all filing, administration and arbitrator fees will be governed by the JAMS Rules, except that for claims of less than $1,000, you will be obligated to pay $25 and we will pay all other administrative costs and fees. In addition, for claims of less than $1,000, we will reimburse you for the $25 fee if the arbitrator rules in your favor. Arbitration under this agreement shall be held in the United States county where you live or work, New Jersey, or any other location we mutually agree to, subject to New Jersey law. The arbitration may award on an individual basis the same damages and relief as a court (including injunctive relief). Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction.

AUTHORITY OF ARBITRATOR: The arbitrator will decide the rights and liabilities, if any, of you and us, and the dispute will not be consolidated with any other matters or joined with any other cases or parties. The arbitrator shall have the authority to grant motions dispositive of all or part of any claim. The arbitrator shall have the authority to award monetary damages and to grant any non-monetary remedy or relief available to an individual under applicable law, the Arbitration Rules, and the Terms. The arbitrator shall issue a written award and statement of decision describing the essential findings and conclusions on which the award is based, including the calculation of any damages awarded. The arbitrator has the same authority to award relief on an individual basis that a judge in a court of law would have. The award of the arbitrator is final and binding upon you and us. The arbitrator's decision may be entered as a judgment in a court of competent jurisdiction.

NO CLASS ACTIONS: You may only resolve disputes with us on an individual basis and may not bring a claim as a plaintiff or a class member in a class, consolidated, or representative action. Class arbitrations, class actions, private attorney general actions, and consolidation with other arbitrations are not allowed.

WAIVER OF JURY TRIAL: THE PARTIES HEREBY WAIVE THEIR CONSTITUTIONAL AND STATUTORY RIGHTS TO GO TO COURT AND HAVE A TRIAL IN FRONT OF A JUDGE OR A JURY, instead electing that all claims and disputes shall be resolved by arbitration. Arbitration procedures are typically more limited, more efficient and less costly than rules applicable in court and are subject to very limited review by a court. In the event any litigation should arise between you and the Affiliated Entities in any state or federal court in a suit to vacate or enforce an arbitration award or otherwise, BOTH PARTIES HEREBY WAIVE ALL RIGHTS TO A JURY TRIAL, instead electing that the dispute be resolved by a judge. YOU ACKNOWLEDGE THAT YOU HAVE BEEN ADVISED THAT YOU MAY CONSULT WITH AN ATTORNEY IN DECIDING TO ACCEPT THIS AGREEMENT TO ARBITRATE.

 OPT-OUT OF AGREEMENT TO ARBITRATE: You can decline this agreement to arbitrate by emailing us at [email protected] and providing the requested information as follows: (1)Your Name; (2) the URL of Terms of Use and Agreement to Arbitrate Disputes; (3) Your Address; (4) Your Phone Number; (5) and clear statement that you wish to opt out of this arbitration provision in the Terms of Use. The Opt-Out Notice must be emailed no later than 30 days after the date you first accept the Terms of Use by using the website.

Choice of Law/Forum Selection In any circumstances where the Agreement to Arbitrate Disputes permits the parties to litigate in court, these Terms shall be governed by and construed in accordance with the laws of the State of New Jersey, excluding its conflict of law rules. You further expressly consent and agree to submit to the exclusive jurisdiction and venue of a court of competent jurisdiction in the United States District Court for the District of New Jersey or in state court in Morris County, New Jersey.

D. Notices

All notices and other communications to be given to any party hereunder will be sufficient for all purposes hereunder if in writing, properly addressed as set forth below in this section and delivered (a) by hand or courier (delivery of notice deemed to occur upon delivery), (b) if sent electronically on the date delivered to the authorized email address, (c) by overnight delivery service (delivery of notice deemed to occur upon delivery and written confirmation thereof by such service), (d) by certified or registered mail, return receipt requested, with appropriate postage prepaid (delivery of notice deemed to occur upon signature of the receipt by the recipient), or (e) if from us to you, posted to your Account on the date posted. If to us, notices may be sent to [email protected]. If to you, your email and mailing address as identified in our records.

E. Headings; Interpretation
Section headings used in these Terms are used for convenience only and are not to be considered in construing or interpreting these Terms. As used herein, "including" means "including without limitation."

F. Severability
The provisions of the Terms are intended to be interpreted in a manner which makes them valid, legal, and enforceable. In the event any provision of the Terms is found to be partially or wholly invalid, illegal or unenforceable, such provision shall be modified or restricted to the extent and in the manner necessary to render it valid, legal, and enforceable. It is expressly understood and agreed between the parties that such modification or restriction may be accomplished unilaterally by us, or alternatively, by disposition of an arbitrator or a court of law. If such provision cannot under any circumstances be so modified or restricted, it shall be excised from the Terms without affecting the validity, legality or enforceability of any of the remaining provisions.

G. Waiver
A waiver of any provision of these Terms must be made in writing to be effective, and our waiver of a

breach of any provision or right contained in these Terms will not constitute a continuing waiver or waive any subsequent breach or right.

H. Force Majeure
Except with respect to your payment obligations, neither party will be liable for failures or delays in the performance of its obligations hereunder due to causes beyond its reasonable control, including, in respect of the provision of the Service, failures or delays caused by our service providers, any act of God, sabotage or terrorist attacks, inclement weather, accidental damage, vandalism, failure or shortage or power supplies, flood, drought, lightning or fire, strike, lock-out, trade dispute or labor disturbance, or any act or omission of government or other competent authorities, including those related to communicable diseases, epidemics, pandemics or other dangers to public health.

I. Entire Agreement
These Terms, and documents incorporated herein, comprises the entire agreement between us and

you and supersedes all prior or contemporaneous negotiations, discussions, or agreements, whether written or oral, between the parties regarding its subject matter.

J. Survival
Sections 1, 2(E), 2(F), 2(G), 2(I), 3(B), 4-17 will survive any termination or expiration of these Terms.

Definitions.

"Account" means the account provided by us that you to manage and access the Service."Affiliated Entities" means, collectively, us, and our parent, subsidiaries, affiliates, and, where applicable, our and their service providers and licensors.


• "Agent" means a real estate-broker, salesperson, agent, associate broker, or similar state licensed real-estate professional licensed with one of our franchisees."App" means a mobile application that may be provided as part of the Service."Applicable Law" means any statute, law, ordinance, rule, regulation, or requirement of a governmental entity that applies to a party or its business.


• "Claim" means, collectively, claims, costs, damages, losses, liabilities, Fines, and expenses (including reasonable attorneys' fees and costs).


• "Communications" means parts of the Service that includes electronic communications services, and document storage and management services, all as provided by us (or, at your selection, by a third party through a Third-Party Product) for your use.


• "Confidential Information" means any information that (i) a party ("Disclosing Party") discloses to the other party ("Recipient"), either directly or indirectly, in writing or orally or by inspection of tangible objects, and (ii) identified as confidential at the time of its disclosure or that should reasonably be understood to be confidential in nature.


• "Content" means any content, data or information provided by a party for inclusion in the Service or uploaded to, transmitted or submitted by a party through the Service, including Communications.


• "Documentation" means the technical and operational documentation made available to you by us regarding any portion of the Service."Feedback" means ideas, suggestions, or recommendations on the Service provided by you."Fine" means any and all fines, penalties, refunds, charges, debits, deductions, legal fees and costs incurred by or other sums payable to any party.


• "Intellectual Property Rights" means all patent rights, copyright rights, mask work rights, moral rights, rights of publicity, rights of privacy, trademark, trade dress and service mark rights, goodwill, trade secret rights, and other intellectual property rights as may now exist or hereafter come into existence, and all applications therefore and registrations, renewals and extensions thereof, under the laws of any state, country, territory, or other jurisdiction.


• "Marks" means an Affiliated Entity's proprietary trademarks, trade names, and service marks, including registrations and applications for registrations thereof and all renewals, modifications and extensions thereof."MLS Feed" means a local listing service ("MLS") feed(s) provided through the Service."Privacy Notice" means the Privacy Notice for a Website or App and other portions of the Service, as provided and modified by us from time to time in our discretion.

• "PSP" means a third-party payment service provider selected by us.

• "Service" means our hosted service (including Websites and Apps), software, Documentation, and any services made available to you by us hereunder, all as may be modified by us from time to time in our discretion.


• "Third Party Products" means the third-party applications and/or services, if any, which may be offered, made available or integrated by us to you for use as part of, or in connection with the Service.

"User" means users of the Service.

"We," "our," and "us" means Coldwell Banker Real Estate LLC.

"Website" means a website that may be provided by us as part of the Service.

"You" and "your" means the individual entering into these Terms with us.

PRIVACY POLICY

What It Really Costs to Buy a Home in Tempe, AZ

What It Really Costs to Buy a Home in Tempe, AZ

September 02, 202619 min read

Buying a home in Tempe, Arizona can look pretty simple when you first start browsing listings. You see a price, you check the bedrooms and bathrooms, maybe you look at the kitchen and backyard, and then you start thinking about whether the monthly mortgage payment fits your budget. But the number on the listing is only the beginning. What you actually spend to buy and own a home in Tempe can be quite a bit different once you add the down payment, closing costs, mortgage insurance, property taxes, homeowners insurance, HOA fees, maintenance, utilities, and the occasional expense that seems to show up right when you thought you were finally done spending money.

That does not mean buying in Tempe is a bad financial decision. Far from it. Tempe continues to attract buyers who want a central East Valley location, access to Arizona State University, nearby employment centers, restaurants, parks, trails, and a lifestyle that makes it possible to get around the Valley without feeling completely removed from everything. The bigger issue is making sure you know what you are actually signing up for before you write an offer.

As of summer 2026, Tempe's housing market is still broad enough that buyers can find a pretty wide range of prices depending on the neighborhood, property type, age, condition, and location. Zillow reported a typical Tempe home value of about $465,636, while its June 2026 median sale price was $462,667. Redfin reported a median sale price of about $479,739 for the three months ending in June 2026. Those numbers are useful for getting a general sense of the market, but they should not be treated as a price tag for every home in the city because Tempe has a lot of variation from one property to another.

So, what does it really cost to buy a home here?

Let's break it down in a way that makes sense when you are actually trying to plan your budget.


Start With the Home Price, But Don't Stop There

The purchase price is obviously the biggest number, but it is not necessarily the number that tells you whether a home is affordable.

For example, let's say you find a Tempe home priced at $475,000. At first glance, you might look at that number and start calculating your down payment. If you put 20% down, that would be $95,000, leaving you with a $380,000 mortgage.

That sounds straightforward.

Then the rest of the numbers start showing up.

Your lender will look at your interest rate, loan type, credit profile, debt, income, and down payment to determine your actual monthly payment. Mortgage rates can make a surprisingly big difference in what the same house costs from one buyer to another. As of August 27, 2026, Freddie Mac's national average for a 30-year fixed mortgage was 6.66%, although your actual rate could be higher or lower depending on your situation and the loan you choose.

At 6.66%, a $380,000 loan would have a principal and interest payment of roughly $2,440 per month. That's before property taxes, homeowners insurance, HOA dues, mortgage insurance if applicable, and everything else that comes with owning the property.

That is why I always encourage buyers to stop asking, "Can I afford a $475,000 house?" and start asking, "Can I comfortably afford the full monthly cost of owning this particular $475,000 house?"

Those are two different questions.


Your Down Payment Is Only One Piece of the Cash You Need

A common mistake, especially for first-time buyers, is saving for the down payment and assuming they are ready to close as soon as they hit that number.

You will usually need additional cash for closing costs and prepaid expenses.

Closing costs can include lender fees, appraisal costs, title and escrow charges, recording-related expenses, prepaid interest, homeowners insurance, property tax adjustments, and other transaction costs. The exact amount depends heavily on your loan, the property, the contract, and how the costs are divided between the buyer and seller.

This is also where your lender's Loan Estimate becomes much more useful than a generic online calculator because it gives you an actual picture of what you are likely to bring to closing.

Let's use that $475,000 example again.

With 20% down, you are putting $95,000 toward the purchase price. If your closing and prepaid costs came out to, say, $10,000 to $15,000, you could be looking at roughly $105,000 to $110,000 in cash needed before considering any extra reserves you want to keep after closing.

And I would strongly recommend keeping some money in the bank after you buy.

Emptying your savings account just to get the keys can make the first few months of homeownership unnecessarily stressful. Even if the house looks perfect during the inspection, something will eventually need attention.


Mortgage Insurance Can Change the Monthly Number

If you are putting less than 20% down on a conventional loan, you may have private mortgage insurance, commonly called PMI.

The exact amount depends on the loan and borrower, so there is no single PMI number I would use for every Tempe buyer. Your lender can give you the actual estimate based on your credit, down payment, loan amount, and other factors.

This is worth paying attention to because a smaller down payment can make buying possible sooner, but it can also increase your monthly payment.

That does not automatically mean you should put 20% down.

Sometimes keeping more money available for emergencies, investments, moving expenses, or future repairs makes more sense than putting every available dollar into the house. Other buyers may feel much better with a larger down payment and a lower monthly obligation.

The right answer depends on your overall financial picture, not just what sounds good on paper.


Property Taxes Are Part of Your Monthly Housing Cost

Property taxes are another expense buyers sometimes overlook because they are not always included in the advertised home price.

In Arizona, property taxes are based on assessed values and the applicable tax rates for the property, so you should look at the actual tax history or current tax information for the specific home you are considering rather than relying on a rough percentage.

The number can also change over time.

For budgeting purposes, ask your lender to include the estimated property tax in your monthly payment if you are setting up an escrow account. If your mortgage payment is quoted as principal and interest only, it is not your full housing payment.

This is one of those details that can make a house feel affordable on a calculator and noticeably different once you see the complete monthly number.


Homeowners Insurance Is Another Cost You Need to Plan For

You will also need homeowners insurance if you are financing a typical single-family home, and your lender will generally require proof of coverage.

Arizona homeowners face some specific insurance considerations because of the state's heat, monsoon activity, wind, and wildfire risk in certain areas. Your actual premium can vary based on the home, its age, construction, location, coverage limits, deductible, claims history, and the insurance company you choose.

As a broad statewide reference, Policygenius reported an average Arizona homeowners insurance cost of about $1,667 per year, or roughly $139 per month, based on its 2026 analysis. Your Tempe property could be significantly different from that average.

That is why I would get an insurance quote before you become too emotionally attached to a house.

It is much better to discover that the insurance is higher than expected while you are still comparing homes than after you have already written an offer.


HOA Fees Can Be a Big Deal in Tempe

This one deserves more attention than it usually gets.

Tempe has a mix of single-family homes, condos, townhomes, and planned communities, and HOA fees can vary quite a bit between properties. Some neighborhoods may have relatively modest dues, while certain condo and townhome communities can have much higher monthly fees because the association is responsible for common-area maintenance, roofs, exterior structures, landscaping, pools, community amenities, or other shared expenses.

For example, current Tempe townhome listings show HOA fees in the $200-plus-per-month range, although individual communities can be much higher or lower.

So if you are comparing a $400,000 single-family home with a $350,000 townhome, don't assume the townhome is automatically cheaper.

The townhome might have a $250 or $300 monthly HOA fee. That adds up to several thousand dollars a year.

And HOA fees are not the only thing you need to look at. You also want to know what the HOA actually covers, whether there are upcoming special assessments, how healthy the association's reserves are, and whether the community has restrictions that could affect how you use the property.

If you are considering a condo or townhome because you want less exterior maintenance, that can absolutely be a good reason to go that route. Just make sure you understand what you are paying for.


Tempe's Home Age Can Affect Your Budget

This is another piece that does not always show up in a mortgage calculator.

A home that looks like a great deal because it is priced below other nearby properties may simply need more work.

Tempe has many established neighborhoods with homes that are several decades old, and that can be part of the charm. Mature trees, established streets, larger lots, and neighborhood character are things you cannot recreate overnight.

But older homes can also bring older plumbing, electrical systems, HVAC equipment, roofs, windows, water heaters, appliances, and other components that eventually need attention.

That does not mean you should avoid older homes.

It means you should budget differently.

A newer home may cost more upfront but require fewer immediate repairs. An older home may give you a better location or more character at a lower purchase price, but you may need to spend money updating it over time.

The inspection is a huge part of figuring this out. Pay attention to the big-ticket items, not just the cosmetic things you can see during a showing.

A dated kitchen is one thing.

An aging air-conditioning system in Tempe is a different conversation.


Air Conditioning Is Not an Optional Expense in Tempe

If you are moving to Tempe from somewhere with a cooler climate, the importance of the HVAC system may take some getting used to.

You are not buying a home in a climate where you can simply open the windows for a few weeks and forget about heating or cooling.

Your air-conditioning system is a major part of how comfortable your home is, and it is also a significant piece of your ownership budget.

When you are looking at a Tempe home, ask how old the HVAC system is, whether it has been serviced regularly, whether there are multiple units, and whether the home has any known insulation or efficiency issues.

You do not necessarily need to walk away from a home with an older system.

You just need to know what you are buying.

If an HVAC replacement could be approaching, that should be part of the conversation when you evaluate the price and your cash reserves.


Your Utility Bills Will Depend on the House, Not Just the City

People often ask what utilities cost in Tempe, but there is no single number that works for every home.

A small condo with efficient appliances and shared walls can have a very different electric bill from a larger single-family home with high ceilings, older windows, a pool, and a large air-conditioning system.

The summer months are where you are most likely to notice the difference.

Before buying, ask the seller or listing agent whether historical utility information is available. It can give you a much better idea of what the home costs to operate than a general citywide estimate.

And if the property has a pool, remember that the cost is not just the water and electricity. There is also cleaning, chemicals, equipment maintenance, repairs, and eventual replacement of pumps or other components.

A pool can be a fantastic part of living in Tempe, especially when you are looking for a way to make the summer more enjoyable, but it should be treated as an ongoing expense rather than a free feature that comes with the house.


Maintenance Is the Cost Buyers Forget Until They Own the Home

Renters usually know what their monthly rent is.

Homeowners need to think beyond the monthly payment.

You are now responsible for the little things that break, the things that wear out, and the things you simply did not notice during the inspection.

A faucet starts leaking. A water heater stops working. The garage door needs repair. The landscaping gets out of hand. A sprinkler valve fails. The roof needs attention. The dishwasher gives up at the worst possible time.

None of these expenses are particularly exciting, but they are part of owning a home.

I like the idea of thinking of maintenance as a monthly budget even when you do not actually spend the money every month. If you set aside money consistently, a large repair is much less likely to become a financial emergency.

The exact amount you should reserve depends on the home's age, condition, size, systems, and your financial situation, but the main idea is simple. Do not spend every dollar getting into the house and assume the house will not ask for anything from you afterward.


Location Can Affect What You Pay

Two homes with similar square footage can have very different prices in Tempe because location matters.

A home closer to major employment centers, Arizona State University, shopping, restaurants, parks, major roads, and other amenities may command a different price than a similar property farther away.

The lifestyle piece matters, too.

Some buyers want to be close to Mill Avenue and the activity around ASU. Others want a quieter residential neighborhood where they can come home and slow down. Some care about trail access, while others are more focused on getting to work quickly.

If spending time outdoors is part of why you like Tempe, pay attention to how close your potential home is to the parks, trails, and open spaces you actually enjoy using. Something that looks like a quick ten-minute drive on a map may not feel convenient once you have to load up the car every time you want to go for a walk, get some fresh air, or spend an afternoon outside. The closer those places are to your everyday routine, the more likely you are to actually use them.

That is one of the reasons I tell buyers to visit neighborhoods at different times of day.

Drive through on a weekday morning.

Come back in the evening.

Walk around on a weekend.

You are trying to figure out what living there will actually feel like, not just whether the house looks good in listing photos.


Don't Forget the Cost of Moving

There is also a smaller category of expenses that can add up quickly during a purchase.

You may need movers, temporary storage, new furniture, window coverings, paint, cleaning, landscaping, smart-home equipment, appliances, or other items that were not part of your original budget.

And if you are moving from another home, there may be costs on that side of the transaction as well.

This is why I like having a separate "move-in fund" instead of treating every dollar you have as part of the down payment.

The goal is to get into your new home without immediately feeling broke.

If your current home has started to feel too large, too expensive, or simply out of step with the way your family lives now, it is worth looking beyond the cost of moving and thinking about what staying could cost you over time. A home that no longer fits your needs can mean paying for extra space, taking on more maintenance, or putting up with a layout that makes everyday life harder than it needs to be. There may not be a new mortgage payment staring you in the face, but that does not mean staying where you are comes without a cost.

What About Buying a Condo or Townhouse?

For some Tempe buyers, the answer to the affordability question may not be a traditional single-family house.

Condos and townhomes can sometimes give you access to locations that would be more expensive if you were buying a detached home, and they can also reduce some of the exterior maintenance responsibilities.

But the tradeoff is the HOA.

If you are thinking about downsizing, simplifying your life, or just want a home that takes less time and money to maintain, it is worth comparing condos and townhomes based on how you actually want to live. A smaller property may give you less upkeep and a more manageable monthly budget, but the HOA fees, community rules, and maintenance responsibilities can vary quite a bit, so it helps to understand those differences before deciding which option makes the most sense for you.

The monthly HOA payment needs to be included in your real housing budget, along with the possibility of future increases or special assessments.

Again, it comes down to what you are actually buying for your money.


The Cost of Buying Is Also About the Life You Want

This is where the conversation gets more interesting.

A home is not just a financial purchase. It changes your daily routine.

Maybe you want to walk to coffee. Maybe you want a backyard where your kids can play. Maybe you want to be closer to work. Maybe you are tired of maintaining a large house and want something smaller. Maybe you want to spend your weekends outside instead of doing home projects.

Those preferences have value.

That is why I would not automatically choose the cheapest house you can qualify for.

If a slightly more expensive home puts you closer to work, reduces your commute, gives you the neighborhood feel you actually want, and fits your lifestyle better, the difference may be worth considering.

On the other hand, if buying at the top of your budget means you cannot travel, save, handle repairs, or enjoy the life you moved there for, that house may be too expensive even if the lender approves you for it.

If you are still deciding whether Tempe is the right place for your next move, take a step back from the home prices and monthly payments for a moment and think about what everyday life would actually look like here. Consider the commute, the neighborhood feel, nearby amenities, outdoor spaces, traffic, and the things you value most about where you live. Looking at the bigger picture can help you decide whether Tempe fits your lifestyle, not just your budget.


A Simple Example of What a $475,000 Tempe Home Could Cost

Let's make this practical.

Imagine you purchase a $475,000 home with 20% down.

Your down payment would be $95,000, leaving a $380,000 mortgage.

Using a 30-year fixed rate around 6.66% as a rough example, your principal and interest payment would be around $2,440 per month. That is only an illustration, not a quote, and your actual rate and payment will depend on your lender and financial profile. Freddie Mac's current national survey rate gives us a useful benchmark for understanding the math.

Then you add property taxes.

Add homeowners insurance.

Add HOA dues if the home has them.

Add PMI if you are putting less than 20% down.

Then think about utilities, maintenance, landscaping, pool care if applicable, and the occasional repair.

Suddenly, the real cost of the home looks very different from the mortgage payment you first saw online.

That is not meant to scare you.

It is meant to help you plan.

When you know the full number, you can make a much more confident decision.


So, How Much Money Should You Have Before Buying in Tempe?

There is no universal number because every buyer's situation is different, but I would think about your cash in several separate buckets instead of one giant pile.

You need money for the down payment.

You need money for closing and prepaid costs.

You need money for moving and getting settled.

And ideally, you want an emergency reserve that remains untouched after closing.

If you have to use your emergency savings to cover the first major repair you encounter, you may have stretched too far when you bought the house.

That is not a failure. It is simply a sign that the purchase price was not the only number that needed to fit your budget.


The Cheapest House Isn't Always the Cheapest Home

This is probably the biggest point I would want a Tempe buyer to take away.

A lower purchase price does not always mean lower ownership costs.

A $400,000 home with an aging roof, older HVAC system, high HOA dues, inefficient windows, and significant maintenance needs could cost you more over the next few years than a $440,000 home that has already had the major systems updated.

You have to look at the whole picture.

The same goes for location. A home that costs a little more but cuts your commute dramatically may change your quality of life every single week.

And a home with a slightly smaller yard may save you money and time if you are already tired of spending your weekends maintaining property.

Buying a home is really about finding the combination that works for your budget and your life.


Final Thoughts

Buying a home in Tempe can absolutely be worth it, but the purchase price should never be the only number you consider.

The real cost includes the money you need upfront, the mortgage payment you will make every month, property taxes, insurance, HOA dues when applicable, utilities, maintenance, repairs, and the everyday expenses that come with owning a property instead of renting one.

The good news is that most of these costs can be estimated before you buy.place you worked so hard to buy.

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Nancy Wittenberg

Nancy Wittenberg is a trusted REALTOR® serving Chandler, Gilbert, and the East Valley of Arizona. She helps buyers and sellers navigate the local housing market with clear guidance, honest advice, and strong advocacy. Her signature Buyer Care Plan™ walks clients step by step from the first consultation through closing and beyond, helping buyers feel confident and informed at every stage. For homeowners preparing to sell, Nancy acts as a Strategic Market Guide, helping sellers manage pricing strategy, buyer psychology, and negotiations that determine how a home sale actually unfolds. Nancy holds designations including GRI, ABR®, and SRS, reflecting her commitment to professional excellence and client advocacy in the East Valley real estate market. If you're thinking about buying or selling a home in Chandler, Gilbert, or the East Valley, reach out to Nancy for a conversation, not a pitch.

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