Archive | August, 2011

Short Sale 4 Bedroom 3 Bathroom- SCARLETT CANYON

26 Aug

20440 17TH
Phoenix, az 85024
Short sale 4 bedroom home in Scarlett Canyon

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Mamta Jain

Real Estate Agent

Office: (602) 361-9292
Mobile: (602) 361-9292
Website: Visit Website

Price : $249,900
Bedrooms : 4
Bathrooms : 2.75
Square Foot : 2,235
Lot Size : 1
County : Maricopa
Property Type : Detached
Year Built : 1995
MLS Number : 4609465

click for more information and pictures

Property Description
SELLER IS OFFERING $3,000 FLOORING CREDIT. PICK YOUR OWN COLORS OR STYLE!! Amazing home in Scarlett Canyon backs to private mountain reserve with breathtaking mountain city light views! Very open with soaring ceilings in the living and dining room. Large great room with eat in kitchen. Guest bedroom and full bathroom downstairs. Unique catwalk style hallway looking down on the family room and dining room leads from the loft to the master bedroom. Master bedroom is spacious and has private balcony. Master bath has separate tub/shower. Backyard boasts a covered patio with new ceiling fan as well as a fireplace. The home sits next to the mountain and has view fencing to watch the wildlife and enjoy the serenity of nature. Do not miss this opportunity.
Features List
  • Scarlett Canyon
  • Scarlett Canyon home
  • Scarlett Canyon sale
  • 4 bedroom
  • 4 bedroom home
  • 4 bedrooma sale
  • Short sale
  • Short sale home
  • Short sale
  • Phoenix
  • Phoenix home
  • Phoenixa sale
  • Arizona
  • Arizona home
  • Arizona sale
  • 85024
  • 85024 home
  • 85024a sale
Equal Housing Opportunity.
Realty One Group :
5343 N. 16th St. Ste. 100 –
Phoenix
AZ
85016
: (602) 361-9292
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Arizona Department of Real Estate-Informational Alert

24 Aug

August 23, 2011
Judy Lowe, Commissioner, Arizona Department of Real Estate Advisory.
During these challenging times, it is critical that all parties involved in the real estate industry are kept well informed as to any illegal misbehavior and/or activity. In a spirit of maintaining an open dialog with our licensees, the real estate industry and consumers, I am providing you with the warning issued on Monday, August 22, 2011 by the Arizona Attorney General Tom Horne.

AG HORNE WARNS HOMEOWNERS: MORTGAGE LAWSUIT SCAM HITS ARIZONA
PHOENIX (Monday, August 22, 2011) — Attorney General Tom Horne today issued a warning to consumers to be wary of any notices or advertisements that claim to offer homeowners facing foreclosure “complete forgiveness of the loan” or other monetary relief if they join a class-action lawsuit. Such ploys are likely a pretext to collect illegal up-front fees for foreclosure assistance.
In class action litigation, consumers generally do not have to pay to join, and most reputable firms will not charge a fee for attorneys to review your case or to determine if you are eligible to join a lawsuit. “The mortgage crisis is only made worse by predators who take advantage of consumers who are already facing the loss of their home,” Horne said. “State and federal law ban almost all types of up-front fees for foreclosure assistance. I am committed to prosecuting anyone who engages in this type of consumer fraud, and it is just as important that consumers be vigilant against these types of scams.”

The California Attorney General recently filed a lawsuit against California lawyer Philip Kramer, the Law Offices of Kramer & Kaslow, plus 19 other lawyer and non-lawyer individuals and companies, for deceptively marketing class action or “mass joinder” lawsuits. The defendants in that case are believed to have taken over $7 million in fees from homeowners in 17 states – including Arizona – after sending out hundreds of thousands of flyers advertising the program. The lawsuit alleges that the defendants advertised nationwide settlements against lenders that did not exist and that many servicers were not provided by lawyers or legal staff.

Notices may be mailed to homeowners or posted on their doors. Typically, the business claims that the fee they are charging is for a forensic audit of your loan documents to see if you are eligible to join the class action litigation. However, the Federal Trade Commission’s Mortgage Assistance Relief Services Rule (“MARS Rule”) contains a broad ban on requesting or collecting up-front fees for almost all types of mortgage assistance, including forensic audits related to foreclosure relief. Arizona’s foreclosure consultant statute also prohibits companies from collecting an up-front fee for assisting homeowners in foreclosure.
Foreclosure rescue companies may promise to refund your fee if you are not eligible to join the litigation. However, the Office’s experience with guaranteed refunds indicates that they are very difficult to obtain, or the company may disappear before the refund is paid. If you are facing foreclosure, refuse to pay up-front fees and instead contact the Arizona Foreclosure Prevention Helpline at (877) 448-1211 for free assistance provided by HUD approved housing counseling agencies.
If you feel you’ve been a victim of a class joinder scam or any other type of consumer fraud, please contact the Arizona Attorney General’s Office Consumer Information & Complaints Unit at (602) 542-5763 / (520) 628-6504 / (800) 352-8431. You can also file a consumer complaint online at: http://www.azag.gov/consumer/complaintform.html

Billions in the bank: Arizona companies faring well in tough economy

22 Aug

Corporations have risen to the challenge of a tough economy by making themselves stronger.
Shareholder-owned companies in Arizona and elsewhere have boosted their cash levels and shored up balance sheets by carefully watching costs, shelving expansion plans and holding off on hiring.
As a group, they have emerged as healthier, more flexible and in greater control of their own destinies. But the same trend also reflects an unwillingness by many firms to hire more workers until signs of a more reliable economic recovery emerge. Read more:

Fight back: How to Lower Your Property Taxes

22 Aug

Home prices are still going down in many markets. But your property-tax bill might well be going up. The good news: There are ways to fight back. Read more:

Forget the Stock Market. Buy a House.

22 Aug

With the Dow Jones Industrial Average down more than 400 points today, and many market experts predicting more volatility ahead, some advisers are recommending their clients put some of their cash to another use: To buy that house or summer home at the shore.
Potential homebuyers certainly have plenty of incentives: Home prices are still way down in many parts of the country, and mortgage rates are nearing their all-time lows. Consider: The benchmark 30-year fixed-rate mortgage fell 1 basis point this week, to 4.45 percent — just a few basis points above the record low hit in October 2010, according to the Bankrate.com national survey of large lenders. Freddie Mac, meanwhile, reported today that the 30-year fixed-rate mortgage averaged 4.15% for the week ended Aug. 18, its lowest reported rate in 50 years. Read more:

Recent commercial projects sold and leases signed recently-Phoenix and around

20 Aug

Airpark Industrial Sells for $3.2Million
Wal-Mart Signs 10-Year Deal in Phoenix
Dobson Springs Sells for $5.4 Million
Apartment complexes in Mesa, Tempe sell for $11 Million
Gilbert apartments sell for $7.5 Million
E.V. apartment complexes sold for $11 Million
Scottsdale industrial property sells for $5.5 Million
Tempe office/retail development sells for $4.1 Million
Scottsdale shopping center sold for $16.1 Million
Whitestone REIT pays $9.3 Million for Ahwatukee shopping center
McCarthy Building lands $7 Million deal at Yuma Regional Medical Center
El Dorado Place Trades for $12 Million
First Solar christens Mesa plant site
Apartment complexes in Mesa, Tempe sell for $11 Million
New tenants at Mesa’s Broadway 101
GovNet Buys Scottsdale Industrial Bldg for $3.6 Million
Four Gateway Sells for $12.3 Million

Freddie Offers Cash Incentives for Buying Condos

20 Aug

Freddie Mac’s HomeSteps unit is offering cash to buyers willing to purchase one of its foreclosed condos that has been lingering on the market. HomeSteps is hoping to unload some of its high inventory of foreclosed condos through the incentive program, known as HomeSteps Condo Cash. Through the “Condo Cash” program, condo buyers of HomeSteps properties can get up to $1,500 to help pay for standard home owner association dues. The offer is only valid to owner-occupant buyers and on HomeStep condos that have been on the market for at least 120 days. To participate, buyers must submit offers between Aug. 15 and Nov. 15, and close escrow by Dec. 30. Some of the homes also come with a two-year Home Protect home warranty to cover electrical, plumbing, air conditioning, heating, and other major appliances and systems. Home Protect also is offering up to 30 percent discounts on the purchase of new appliances (see http://www.HomeSteps.com/smartbuy for more information).