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E M A I L U S AT N E W S T I P S @ A R I Z O N A R E P U B L I C . C O M O R C A L L U S AT 6 0 2 - 4 4 4 - N E W S ( 6 3 9 7 )
CATHERINE REAGOR REAL ESTATE
Big housing groups stress over tax plan
Prospective homebuyers energized by job growth and low mortgage rates struggle to find properties amid a
FADING SUPPLY ALEX VEIGA ASSOCIATED PRESS
Anyone eager to buy a home this spring probably has reasons to feel good. Job growth has been solid. Average pay is rising. And mortgage rates, even after edging up of late, are still near historic lows. And then there’s the bad news: Just try to find a house. The national supply of homes for sale hasn’t been this thin in nearly 20 years. And over the past year, the steepest drop in supply has occurred among homes that are typically most affordable for first-time buyers and in markets where prices have risen sharply. In markets like San Diego, Boston and Seattle, competition for a dwindling supply has escalated along with pressure to offer more money
and accept less favorable terms. “Sellers will have the edge again this year,” said Ralph McLaughlin, chief economist for Trulia, a real estate data provider. “Homebuyers are really going to be scraping the bottom of the barrel as far as housing choice is concerned.” The intensity of the competition this spring has surprised even sellers like Kathleen Mulcahy, a 37-year-old product manager in Seattle. Within a week of listing her one-bedroom, one-bath condo, Mulcahy received 21 offers — all above her asking price of $398,000. Most of the offers came with built-in triggers to automatically rise in case a rival bidder sweetened a bid. In the end, she accepted an offer of $500,000 — all cash. See HOMES, Page 3R
PHOTO ILLUSTRATION BY ALIYA MOOD/USA TODAY NETWORK, AND GETTY IMAGES
NO UPFRONT FEES with every purchase or refinance. Expert Guidance - Hassle Free Approvals Lightning Fast Closings!
The popular mortgage-deduction tax break isn’t being cut under President Donald Trump’s plan to overhaul the tax system. That seems like a very good thing for homeowners and the housing industry. But the nation’s biggest real-estate groups aren’t celebrating. Proposed tax changes under the new plan, especially doubling the standard deduction, will lead to fewer people buying homes to tap the mortgage deduction, according to the National Association of Realtors and the National Association of Home Builders. “Current homeowners could very well see their home’s value plummet and their equity evaporate, while prospective homebuyers will see that dream pushed further out of reach,” said NAR President William Brown in a statement. When a housing advocate group talks about falling home prices, many of us get a little alarmed. Particularly because as Arizona Association of Realtors CEO Michelle Lind told me, “Arizona’s real-estate market has recently recovered from falling home prices, and we do not want to see home values tumble again due to a tax plan that eliminates the tax benefits of homeownership.” The housing industry’s main concern appears to be if the standard deduction is doubled from $6,350 for single people and $12,700 for married couples, fewer people will need to itemize to save money on their taxes and fewer people will buy homes to get the tax break. About 32 million homeowners took the mortgage-tax deduction in 2014, according to the housing groups. I was one of them. “The proposed elimination of itemized deductions for real-estate taxes will make owning a home more expensive for mid- to high earners,” Arizona housing analyst Mike Orr told me. ”Low earners probably did not itemize their deductions in the first place.” He isn’t overly concerned about what the tax changes will do to home values in metro Phoenix. “I doubt that home prices will fall as a result,” he said. He does think under the current Trump tax plan, only people earning more than $200,000 will benefit from the mortgage-interest deduction. Arizona’s typical household earns about $51,500, according to the latest census data. I understand the housing groups’ concern.
You don’t have to pay a lot in fees to get a great rate!
480.607.7906 or visit us at scoutmortgage.com 9304 E Raintree Dr., #110 Scottsdale, AZ 85260 Visit us on Facebook
This advertisement is a solicitation by Scout Mortgage, Inc. for a mortgage loan. Not all applicants will be approved. Good Credit and Verifiable Income Required. Other loan programs are available. Rates are subject to change. Call for Details. AZ MB 0903218 / NMLS #56553. AR-0008663716-01
SCOTTSDALE | 11042 North 54th Street | Open Today 1–4PM
CLASSIC SCOTTSDALE STYLE. An entertainer’s paradise with MLS# - 5580467 plenty of space, this generous home is nestled on an incredible .83 Bedrooms - 4 ACRE lot with picture-perfect curb appeal. The sunlit living room Bathrooms - 3 has a trio of windows with plantation shutters while the beamedPool - Yes ceiling family room enjoys a two-way fireplace. Eat-in kitchen. Attractive tile, plush carpet, rich wood, magnificent Marble dress Sq. Ft. - 3,068 the floors. Office has built-in workstations. Spacious bonus room. Garage - 2-Car Relaxation awaits you in the master with a luxurious bath. A pool, Lot Size - .83-ACRE spa, lawn, sport court and patios set a stunning alfresco scene. New ZIP Code - 85254 amenities include dual-pane windows, elastomeric roof coating, pool motor, sand filter and two AC’s. - Joseph Callaway Online Pics - ThoseCallaways.com Price - $744,900
Brought to you by Those Callaways, (480) 596-5751
see more inside AR-0008662332-01
GILBERT | 21423 South 147th Street | BY APPOINTMENT ONLY
EXTRAORDINARY FOUR-ACRE ESTATE. Beyond MLS# - 5574455 breathtaking, this estate boasts a magnificent main house (five Bedrooms - 6 bedrooms, four full baths, two half-baths, 9,326 SF) with a Bathrooms - 5.5 wealth of rustic wood, leather-clad walls, a two-story “hers” Pool - Yes dressing closet with a sliding ladder and more. Trestle-beamed ceiling motifs, copper-clad exterior portions, dual master baths Sq. Ft. - 9,326 w/meditation gardens. In addition to main house: massive multiZIP Code - 85298 purpose building (approx. 5,628 livable SF) w/batting cage, game room, fitness center, casita. Pool, spa, splash pad. Swim-up stools Online Pics - BaldwinTeam.com Price - $5,000,000 next to barbecue island/bar. Soccer field/playground, four patios, in-ground trampoline, windmill, fire-pit, garden. Priced under appraisal! Visit tourfactory.com/1740813. Inside: more info.
Brought to you by Sandra Baldwin and Patti Swisher, Launch Real Estate
see more inside AR-0008662537-01
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Valley Home Values DONE DEALS TOP DOLLAR
PHOTOS COURTESY OF STREETSCOUT.COM
Jody Nehmeh, president of Neeme Systems Solutions, Inc, and his wife, Amira, purchased this 8,197-square-foot mansion in the Valle Vista community of Paradise Valley.
Mark Sundquist and his wife, Changmin, paid cash for this recently completed 8,106-square-foot mansion in Paradise Valley’s Coconino Estates community.
Guest houses, sport courts and in-home theaters are among the luxurious features in this week’s priciest home sales in metro Phoenix:
$6,100,000 Centauri Six LLC paid cash for this estate in Scottsdale’s Silverleaf community with in DC Ranch. Nestled next to the third fairway of Silverleaf’s course, there are seven bedrooms and 10 bathrooms in the 11,682-square-foot Spanish Colonial-style estate.The lower level of the home comes equipped with two guest suites, a lounge with bar, entertainment area and a dining room to accommodate at least 14 people. Juan and Andrea Mendoza sold the home through their trust.
$4,000,000 2110 Mount Calvary LLC, a Wyoming limitedliability company,paid cash for this mansion in north Scottsdale’s Desert Mountain community. There are five bedrooms and 41⁄2 bathrooms in the 8,800-square-foot Santa Fe-style estate, as well as an office, exercise room, three indoor fireplaces and a separate entrance to a guest quarters. Charles and Meredith von Arentschildt sold the home through their trust.
$3,930,000 Pat Perez, PGA golfer who won the Bob Hope Classic, and his wife, Ashley, purchased this
Scottsdale estate in Canyon Heights. The 9,712-square-foot contemporary-style mansion has four bedrooms, 51⁄2 bathrooms, a trophy room, built-in office, game room, exercise room, full-size theater, wet bar and a one-bedroom guest house. MLGGLC LLC sold the home.
$3,000,000 Mark Sundquist and his wife, Changmin, paid cash for this recently completed 8,106-squarefoot mansion in Paradise Valley’s Coconino Estates community. The six-bedroom, 61⁄2 bathroom European-style estate is surrounded by views of Camelback Mountain. The house also has a theater room and a separate guest
casita. John and Karen Stringer sold the home.
$2,965,000 Jody Nehmeh, president of Neeme Systems Solutions Inc, and his wife, Amira, purchased this 8,197-square-foot mansion in the Valle Vista community of Paradise Valley. The Santa Barbara/Tuscan-style estate looks out over views of Camelback Mountain and has six bedrooms, eight bathrooms, and a separate entrance to guest quarters. William Nichols, owner of Scott Nichols Inc., a car dealership in Silver City, N.M., and his wife, Michelle, sold the home. Researched by Lorraine Longhi and The Information Market.
CHRISTOPHER COMBS REAL ESTATE Q&A
HELOC in hubby’s name is legal, not enforceable as mortgage against home (HELOC) 10 years ago. We noticed recently that the HELOC is only in my name. Is this HELOC legal? Answer: Yes. Although the HELOC is legal, the HELOC is not enforceable as a mortgage against the home. The reason is that the signatures of both the husband and the wife are re-
quired to mortgage a home owned as community property with right of survivorship. The HELOC is enforceable, however, against any of your sole and separate property. Ten years ago the real estate market was still very strong, and mortgage lenders were breaking many rules in
making as many mortgages to homeowners as possible, as quickly as possible. The result was that there were many careless errors in mortgage lending at that time. Reach real estate attorney Christopher Combs at azrep@combslaw group.com.
Scottsdale 85254 Gilbert
Magnificent 4-Acre Estate; Sports-Lover’s Paradise
Beautiful Backyard, Classic Scottsdale Style
11042 N. 54th Street Open Today 1–4PM. Truly an entertainer’s dream, this stunning contemporary Territorial is snuggled on a spacious .83-ACRE lot where it enjoys a luxurious front yard graced with fragrant rose bushes, a lush brick-trimmed lawn, semi-circular drive and flagstone-style entryway. As impressive as this move-in-ready gem’s curb appeal is, prepare to be equally wowed when a step inside reveals a light-filled living room flattered by a trio of plantation-shuttered windows and a floor-to-ceiling brick-columned two-way fireplace. Dressed with an elegant chandelier, the nearby dining room is as ideal for Sunday dinners as it is for hosting discerning guests. Meanwhile, the sparkling kitchen is nestled close to the kick-back-and-relax family room
21423 S. 147th Street
where you’ll find a beamed ceiling motif, whisper-quiet sliding doors to the alfresco amenities, wide-planked floors and the opposite side of the living room’s dramatic fireplace. A romantic retreat, the sumptuous master suite includes a blissful bedroom, pampering bath and a private patio exit. Along with a fun-in-the-sun diving pool, the enormous backyard boasts a pretty play lawn, sport court, built-in spa with a petite waterfall, large lounge/sun-decks and mature shade and palm trees. Additional details: baywindowed breakfast room; office with built-in workstations; no HOA; RV gate/parking; new dual-pane windows, elastomeric roof coating, pool motor, sand filter, two A/C units. (4BD; 3BA; 3,068SF)
Big, bold, beautiful and beyond breathtaking in every way, this wow-worthy estate boasts a magnificent main house (with five bedrooms, four full baths, two half-baths and 9,326 square-feet) featuring a wealth of rustic wood, leather-clad walls, a two-story “hers” dressing closet with a sliding ladder and more. A small sampling of the main home’s additional highlights includes trestle-beamed ceiling motifs, wood beams, copper-clad exterior portions, a chef-quality stove-range (electric, gas and grill), dual master baths with private meditation gardens, exquisite exterior metal work and much more. In addition to the main house, the estate includes a sports-lover’s dream: a massive multi-purpose building with approximately 5,628 livable square-feet with a
DIRECTIONS
NEARBY SCHOOLS: Sequoya Elementary; Cocopah Middle School; Chaparral High School. NEARBY HOSPITALS: HonorHealth Scottsdale Shea; Mayo Clinic. NEARBY SHOPPING: Desert Ridge Marketplace; Kierland Commons; Scottsdale Quarter.
CROSS-STREETS: Cactus Road and 56th Street. DIRECTIONS: South to Yucca Street. West to 54th Street. South to home on right. Look for Those Callaways Open House signs.
batting cage, game room, fitness center and a comfy-cozy casita. Not to be outdone by the estate’s interior treasures, alfresco amenities show off with an elegant pool, spa and splash pad area; the pool includes in-water swim-up stools nestled next to a barbecue island/bar. Along with a soccer field/playground, the rear grounds dazzle with two water features, four generoussized covered patios, an in-ground trampoline, windmill, fire-pit, garden and more. Garage details: four garage spaces, three carport spaces for total of seven covered spaces; extended length/over-height garage. Priced under appraisal! Visit tourfactory. com/1740813. Offered at $5,000,000. (no HOA; 6BD; 5.5BA; 9,326SF)
BY APPOINTMENT ONLY
Open Today 1–4PM AREA HIGHLIGHTS
85298
CONTACT Joseph and JoAnn Callaway, Those Callaways 480-596-5751 www.ThoseCallaways.com
MLS# 5580467
Offered at $744,900. AR-0008662332-02
AREA HIGHLIGHTS
DIRECTIONS
NEARBY SCHOOLS: Haley Elementary; Perry Middle School; Perry High. NEARBY HOSPITALS: Banner Gateway Medical Center; Mercy Gilbert Medical Center. NEARBY SHOPPING: Crossroads Towne Center; San Tan Village.
CROSS-STREETS: Located near Lindsay and Ocotillo in Gilbert.
CONTACT Sandra Baldwin and Patti Swisher, Launch Real Estate 602-397-4300 www.BaldwinTeam.com
MLS# 5574455
AR-0008662537-02
Question: We have owned our Sunnyslope home as community property with right of survivorship for almost 20 years. The original mortgage is in the name of myself and my wife. We borrowed $100,000 on a home equity line of credit
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AZ Real Estate
Homes Continued from Page 1R
“A lot more than I expected,” Mulcahy said. Yet the changed landscape cuts both ways: Facing higher prices and competition herself, Mulcahy has decided for now to put off buying another home. “There’s very little available, and it’s just too expensive right now, so I’m going to wait,” she said. “I’ll probably rent for two or three years.” About 1.75 million homes were for sale nationally at the end of February, according to the National Association of Realtors. That’s down 6.4 percent from a year earlier and only slightly up from January, when listings reached their lowest point since the association began tracking them in 1999. All told, the supply of homes for sale has fallen on an annual basis for the past 21 months. Among the factors that have fueled the decline in homes for sale: » Since 2008, the average time homeowners have stayed in their houses before selling has doubled to nearly eight years, according to Attom Data Solutions. » Many homeowners aren’t selling for fear they wouldn’t find a new home they would like and could afford. Some who had locked in ultra-low fixed mortgage rates may be reluctant to take on a new loan at a higher rate. Others may wish to sell but can’t because they own one of the 3.2 million homes worth less than what’s owed on their mortgage. » Some homeowners own other properties they rent out and have little incentive to give up the steady rental income, especially while they’re also benefiting from rising home values. » Investors, who typically keep proper-
ELAINE THOMPSON/AP
Kathleen Mulcahy stands in her recently sold one-bedroom condo in Seattle on March 30. She received nearly two dozen offers and sold for more than $100,00 over her asking price.
ties for disproportionately long periods, own a larger share of houses. Between 2006 and 2016, the share of U.S. singlefamily houses and condos owned by investors averaged around 30 percent, according to Attom, and reached 35 percent last year. Nor are builders replenishing the stock of new homes fast enough. Though the pace of building has been rising, it has yet to make up for years of sluggish construction growth that followed the housing bust. Builders complain that they can’t build more homes because of a lack of ready-to-build land, costly regulations and a chronic shortage of skilled construction workers. “We’re building homes now at a 65 percent of the rate we have historically,”
McLaughlin said. “The long-term solution to this scenario is building new homes.” Despite the scant supply, U.S. home sales are expected to rise this year, economists say. Fueled by job growth, pay raises and still-low loan rates — and perhaps fearful of being left out as more homes are snapped up and prices rise further — many people are looking to buy. Sales of previously occupied U.S. homes surged 5.4 percent in February from a year earlier, according to the NAR. In January 2016, 16.5 percent of the homes on the market were sold. This January, it was 19 percent, according to Trulia. As prices have risen in response, so have the financial obstacles to homeownership. The median sales price has surged 7.7
FRESH ON THE MARKET
MEDIAN LISTING PRICE
New listings per month
Median price per month 300 thousand
percent from a year ago to $228,400, more than double the pace of average pay gains. And qualifying for increasingly expensive homes will become even harder should mortgage rates continue to rise this year, as many economists predict. The average rate on a 30-year, fixed-rate mortgage recently hit 4.1 percent; last year, it averaged 3.65. The homes that are on the market are less affordable to a growing proportion of the population, according to research from Realtor.com. Entry-level buyers will likely have the most difficulty finding a home they can afford this spring. Nationally, the supply of entry-level homes for sale has declined the most from a year ago — down 8.7 percent in the first quarter, according to Trulia. The supply of move-up homes is down 7.9 percent. By contrast, the supply of high-end homes has slipped just 1.7 percent from a year ago. The coastal markets are among the tightest, reflecting years of declines in homes for sale. Seattle’s inventory is 20 percent lower than it was in the first three months of last year. It’s down 66 percent since 2012, according to Trulia. But even many inland markets have only a limited supply of homes for sale. Three such metro areas experienced the sharpest drop in supply over the past year, according to Trulia: Dayton, Ohio (-29 percent); Gary, Indiana (-27.6 percent); and Minneapolis-St. Paul (-24.9 percent). Some areas did buck the trend, including Miami, where inventory jumped this year by more than 43 percent. But even in housing markets where the supply has grown over the past year, prices have risen briskly. Take Denver. Its inventory was up 6.5 percent in the first quarter. Yet it was still down 61 percent from its 2012 levels. That’s one reason why sellers there are fetching multiple offers.
DAYS ON THE MARKET For single-family home sales in March
Mar. ‘16 $249,900
4,000
12 thousand 3,000
8
4
Mar. ‘15 10,345
Mar. ‘16 11,068
0 2015
150
Mar. ‘17 11,811
1,236 houses
2,000
1,000 0
2016
Mar. ‘17 $259,900
Mar. ‘15 $239,400
3,980 houses
0 2014
2015
2016
1-30
31-60
61-90
91-120
121+
NICOLE VAS/THE REPUBLIC
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Ranked #1 in homebuilding 3 years in a row by FORTUNE Magazine* We couldn’t be prouder of this honor, or of our luxurious homes that feature great locations, award-winning designs and spectacular community amenities. Own one and it will bring your family pride and joy, too. For information, visit TollBrothers.com/AZR
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Tuesday–Sunday 10 am–5:30 pm, and Monday 12 noon–5:30 pm. Listing Broker Toll Brothers Real Estate, Inc. Brokers welcome. Homes available nationwide. Prices subject to change without notice. This is not an offering where prohibited by law. Photos are images only and should not be relied upon to confirm applicable features. *From FORTUNE Magazine, March 1, 2017 ©2017 Time Inc. FORTUNE and the World’s Most Admired Companies are registered trademarks of Time Inc. and are used under license. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Toll Brothers, Inc.
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Luxury Homes, $750,000 & Up
6000sqft 1/2acre 6 beds/6.5 baths,pool,jacuzzi,detached studio/pool-house & ext.1/2 bath 12037 S.HonahLee 1.15M 602-432-3296
Out of Arizona Real Estate
Leisure Lakes, FL. Lake Placid. Corner lot close to Lake. 90 Mi from Disney World and Epcot Center $18,000 obo. 480-821-5206
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3233
Acreage Resi. Lot 1.2 Acre, Tonopah City water/power, $65k, Call 602-367-9669.
3243
TERMS 3yr, $60K Down PV Home 5bd 7ba Sep Guest Hs hillside acre, open house daily. Debbie 480-215-7776 www.homeswith noqualfinancing.com
Leisure Lakes, FL. Lake Placid. Corner lot close to Lake. 90 Mi from Disney World and Epcot Center $18,000 obo. 480-821-5206 for more info
3227
Time & Equity Sharing
3027
FOR SALE: DIAMOND RESORTS INTENATIONAL MEMBER POINTS. 7,500 AT WELL BELOW CURRENT MARKET PRICE. $5.00 White Fence Farms II. Cust. PER POINT, NEGOTIABLE blt 3bd, 2ba, no HOA, irrig. 719-648-1895 1¼ac,detached w-shop, arena, 20 mi horse/trail. Walk to all shops. 480-899-3202 Hyatt Time Share Resale! 2BR 2BA Patio, FirePl. Spring Break week in March! Beau3059 tiful Location! Easy access. $4000 obo 505-828-1438 Northwest
Gilbert Homes
Homes
Coming Soon! FSBO 3 BR, 1.5 BA, + 4-plex apartments in back, also 4 BR, 1.5 BA next door, Both on 1/2 acre lots, will sell together or separate, 2215 & 2221 W. Augusta Ave. Phoenix, AZ 85021
Telluride, COLORADO . Fractional 1/8 Ownership LOG Home. 2,623 sq. ft. for SALE, $157,000. Rental Available June 3-17. E-mail: cindy84d@aol.com
Commercial Property For Sale
Manufactured Housing for Rent Available Now! Furnished or Unfurnished, 1 & 2 bedroom vintage homes located in the 55+ community of Windsor Park. We have only a few rentals available, so visit now & become a part of our community! Contact Deb: 480-969-7192
Scottsdale Homes Beautifully remodeled, 3bedroom, 2 Bathroom 2170 sqft home close to greenbelt. Call Ray 602 708 0605 602-708-0605 Prestigious Eagle Mt Home, 20mi Panoramic Views & City Lights! Shay Bld 0.5 miScdl. 1.5 mi- Mayo Clinic. 5BR 3+BA 3718sf 3 car garg, 24hr guard/gated Open house Sat-Sun 1-4 pm $674k 9626 N.IndigoHill Dr F.H.
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Product
Rate
Points
Fees
%Down
APR
Phone / Website
Rate: 4.000
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Show Low - Lots of Potential! 2 wooded acres, Hwy 260, zoned A-General. Home on property. $628,000 928242-2806 or 928-358-2647
3290
30yr Fixed APR
3.903%
Mountain Property REDUCED TO SELL!!! 2Acre Lot,Pinetop,AZ. area.Util, Bks National Forest,Near Lake,Heavily Treed,MUST SELL $42,500. 602-540-1957
30 yr APR
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30yr Fixed APR
NMLS # / License #
NMLS# 166778
15 yr fixed
3.125
0.000
$0
20% 3.126
10 yr fixed
3.000
0.000
$0
20% 3.001
7/1 ARM refi
3.375
0.000 $885 20% 3.746
Rate: 3.875
15 yr fixed
3.125
0.000
$0
20% 3.153
Points: 0.000
5/1 ARM
3.125
0.000
$0
20% 3.804
800-219-8999
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30 yr fixed refi
3.875
0.000
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20% 3.903
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MB0905740
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% Down: 20%
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Legend: The rate and annual percentage rate (APR) are effective as of 4/26/17. © 2017 Bankrate, LLC . http://www.interest.com. The APR may increase after consummation and may vary. Payments do not include amounts for taxes and insurance. The fees set forth for each advertisement above may be charged to open the plan (A) Mortgage Banker, (B) Mortgage Broker, (C) Bank, (D) S & L, (E) Credit Union, (BA) indicates Licensed Mortgage Banker, NYS Banking Dept., (BR) indicates Registered Mortgage Broker, NYS Banking Dept., (loans arranged through third parties). “Call for Rates” means actual rates were not available at press time. All rates are quoted on a minimum FICO score of 740. Conventional loans are based on loan amounts of $165,000. Jumbo loans are based on loan amounts of $424,101. Points quoted include discount and/or origination. Lock Days: 30-60. Annual percentage rates (APRs) are based on fully indexed rates for adjustable rate mortgages (ARMs). The APR on your specific loan may differ from the sample used. Fees reflect charges relative to the APR. If your down payment is less than 20% of the home’s value, you will be subject to private mortgage insurance, or PMI. FHA Mortgages include both UFMIP and MIP fees based on a loan amount of $165,000 with 5% down payment. VA Mortgages include funding fees based on a loan amount of $165,000 with 5% down payment. Bankrate, LLC . does not guarantee the accuracy of the information appearing above or the availability of rates and fees in this table. All rates, fees and other information are subject to change without notice. Bankrate, LLC . does not own any financial institutions. Some or all of the companies appearing in this table pay a fee to appear in this table. If you are seeking a mortgage in excess of $424,100, recent legislation may enable lenders in certain locations to provide rates that are different from those shown in the table above. Sample Repayment Terms – ex. 360 monthly payments of $5.29 per $1,000 borrowed ex. 180 monthly payments of $7.56 per $1,000 borrowed. We recommend that you contact your lender directly to determine what rates may be available to you. To access the NMLS Consumer Access website, please visit www.nmlsconsumeraccess.org. To appear in this table, call 800-509-4636. To report any inaccuracies, call 888-509-4636. • http://azcentral.interest.com
3336
Manufactured Homes For Sale
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FSBO: 01’ Mobile Home 55 + Park in Wickenburg, 2 BR, 2 BA. 1248 Sq. Ft., Appli, Sauna. House can be moved! 160 AC Maricopa County, $18,750 OBO. P:541-727-1559 Ranch, Mobiles OK, elec., phone, gas, Solar Farm Newly remodeled 14x64 $2580/acre. Best offer takes Palm Harbor MH in a 55+ Cash or Terms. 602-246-8205 resort, Apache Junction. 2BR 1BA New appliances. $14,000 obo. 734-512-6206 or 734-444-4723 2.94 Acres @ 2702 S Dean Rd, Park Models for sale $39,999 or for lease starting at Buckeye, AZ $600/month. Desert Vista Raw Land, Wtr Rights GrndRV Resort, Mesa, AZ. Call fthrd Spetic, Electric On Property, for more info. 480-826-8564 Photos can be seen on Phone under 350 feet, APS Zoned: Single Family, Agri- azcentral.com Mfg Rentals cultural, Residential Lot Potential Use: Single Family We Pay Top Dollar for $210,000 623-221-4308 Your Mobile Home ! Call Bronco 480-832-0712
40 ACRE PARCEL, 17 miles north of Joseph City, beautiful raw land located in the Call 602-444-4444 Painted Desert near Flying The one that works Butte $15,500. 480-380-0387
3021
3021
Chandler Homes
3057
Check rates daily at http://azcentral.interest.com Institution
Commercial Warehouse 5000 Sq. Ft., Cottonwood, AZ, divided into 3 Spaces ea., w/ office, restroom & overhead door, fenced, paved, secure. All leased! $279k P: 928-649-3166 days.
Acreage
3070
Arizona Republic
Phoenix Northeast Homes
3021
Chandler Homes
3057
Phoenix Northeast Homes
Chandler Homes
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Phoenix Northeast Homes
Open House Sunday 12-4
RESIDENTIAL BROKERAGE 3296
Martin E Mogalian Coldwell Banker Residential 602-448-9234 marty.mogalian@azmoves.com
3296
Real Estate Auctions
AR-0008679196-01
13412 N. 31st Place, Phoenix 85032 Brand New Home, 2x6 construction. Includes Builder Warranty. 2-story, 4br/3.5ba, 3,325 s.f., 35’ deep RV Garage w/16 FT ceiling + 2Car Garage, RV Gate, pool with water feature, NO HOA, Cul-De-Sac in established neighborhood. MBR downstairs, view deck upstairs, many upgrades, Granite & Quartz countertops, custom cabinetry, gas cooktop, Stainless Steel appliances. Terrific Greatroom w/gas fireplace. Minutes from Downtown Phoenix, Kierland Commons, Fashion Square, Biltmore and Desert Ridge, Mayo, 51, 101, Qtr.
3296
Real Estate Auctions
Real Estate Auctions
Open Houses West Valley Open House-Sun. 30, 12-4p. 17542 W. Wind Drift Ct. Beautiful 2-story 4 BR, 3 BA w/ pool, 2,175 sq. ft., Estrella Mountain Ranch, brand new appli, $259,000. 602-469-2914
Northeast Valley
ON THE WATER
Northeast Valley
Northeast Valley
85258
Northeast Valley
OPEN TODAY 1-4
Northeast Valley 1 COMMUNITY- 6 HOMES OPEN! Sunday, April 30th from 12 to 3:00 PM 6105 E Laurel Ln, Scottsdale 85254 6 Bed/7 Bath, 7525 Sq Ft, pool, theater, game room. Realty Executives Jim Steimer 602.430.8666
Place your ad
NOW! 4 Lines. 2 days.
$23
Call 602-444-4444 The one that works
A masterpiece of design and craftsmanship, this 2003 re-built estate features an impressive library with Alder bookcases, en-suite bedrooms and rare temperature controlled vaulted safe room with its own alarm system. Magnificent attention to detail. Marble floors, beautiful view windows, intricately finished raised over 10’ ceilings, added insulation, widened hallways and high quality 2x6 outer construction. Stainless appliances, radon-free manufactured counters
and striking cabinetry in the kitchen. Luxurious master. Lush emerald yard with McDowell Mountain views and expansive patio with roller shields. Mature pomegranate, fig, lemon and orange trees. Notable paver drive. Sail boat conveys! 4 Bedrooms
5 Bathrooms
4,029 Square Feet
8234 E Del Cadena Drive
Directions: From Hayden Road go west on Via De Ventura to Via Linda. North to Del Cadena Drive. East to home on left. Direction
Only $1,355,000
WWW.AZCENTRAL.COM 3500-3999
Rentals 3500
Ahwatukee Apartments
Best Location, Best Prices! 1BD $1000, 2BD $1145, 3BD $1275. W/D, I-net, Fitness, Pets OK. San Paulo 480-467-2934
Glendale Apartments
1st Mo ½ Price!!
Walk to Westgate! Lots of custom amenities! 1 & 2 bedrooms from $885 Pillar at Westgate 623-385-0119
$250 DEPOSIT oac! 1Bds from $620, 2Bds from $719. Gated, pool & sport courts. Villa de Cortez 623-385-0151
WASHER/DRYER INCL!* 1 bd at $639, 2 bd at $749. Extra storage. Sunset Landing 623.792.9126
ALL UTILITIES INCLUDED! Stu. 1, 2, 3 bdrms from $613 Banyantree Apartments Call Now! 602-648-9885
3528
Stunning 3 Bedroom, 2 Bath house in Foothills Paseo III. Gated Community. Walking Distance to Pecos Park and Schools. Community Pool. Close to Everything. Stainless steel appliances. Rent $1350 Call: (310)877-1160.
DAILY SPECIALS! 1, 2 & 3 Bds from $839. Casitas w/attached garages avail. Desert Sage 623-385-0132
Avondale Apartments
Reduced Move-in Fees. Rates start at $800’s! Theater, lagoon style pool. Versante Apts 623-792-9093
3513
Casa Grande Apartments
FURNISHED STUDIO APTS Low monthly /weekly rates. Free utilities, no credit check, call 520-276-3954
3518
Chandler Apartments
1 & 2 Bedrooms Available! PETS, Fwy Access, Stainless APPLIANCES, on lake, blinds. Summit Lakes 480-385-3090 Across From Intel 1Br’s - $800, 2Br’s - $1,000 Cornerstone Ranch 480-467-2940 Call for Great Specials! 1 BDR $890, 2 BDR $1,080, 3BDR Avail. Pillar at Taviano - 480-422-5186
3524
Gilbert Apartments
Goodyear Apartments
Ç Reduced Rates! É 1, 2 & 3 Br’s from $810 Aldea at Estrella Falls 623-385-0114
1 Bedrooms from $799 2 Bedrooms from $917 PETS WELCOME! Vista Valley CALL NOW! 480.461.1091 HOT MOVE-IN SPECIALS! 1 & 2 Bedrooms from $900 New/Renovated Interiors Verde Dimora 480-385-3404
Gated Mesa Spirit Resort Adult Park Model. May-Dec 2017. Fully furn.! W/D, 1 BR, 3 swimming pools, gym, water, A/C, garbage, pet ok. $650/mo. 3020 E. Main St, Lot A153. 1-403-392-5803
Southern/Stapley. Studio, 1 & 2Brs from $595-800. Gated, lndry, pool, cvd prkg, walk to shops/dining. Southern (W. of Stapley) 480-516-0024 UPGRADED 1BD’s! CALL FOR AVAILABILITY. SOME UTILITIES INCLUDED! 2 BR’s from $800 Dartmoor Apts 480-516-0431
3539
Glendale Apartments
Peoria Apartments
Great Move-In Specials! $1000, 2Bd $1100, 3Bd $199 MOVE-IN! 1 BD from 1Bd Townhomes Avail. $649! 2 BDS from $749. W/D $1395. Pillar Bella Vista - 623-385-0096 hkup. Some utilities incl. Monte Vista 623-385-0134 2 & 3 Bds TH’s from $649 W/D in Unit! Sec 8 OK. Oregon Oasis, 59th Ave & Camelback. 623-385-0141 $299 M/I. 45Ave & Glendale 2Br/1Bath, laundry, cov’d parking. Near school. $650/mo. (623) 939-3217 $35 APPLICATION FEE! *oac. Studios, 1, 2 & 3 Bedrooms from $499. Cambridge Square 623-385-0009 Call for Great Specials! Gourmet & granite kitchens. Metro at Zanjero 623-385-0090 CREDIT FRIENDLY! FREE UTILITIES! NO LEASE. FURNISHED! FROM $509/MO 59Av/Bethany. 623-385-0153 FABULOUS RATES! 1BD $850, 2BD $996. W/D, Internet, Fitness, Pets OK. Arrowhead Summit - 623-385-0122
CHECK OUT THESE SHORT-TERM LIVING SPECIALS!
WEEK TO WEEK
3541
Phoenix Apartments
1 Bedrooms from $550, 2 Bedrooms from $650. *OAC Las Ventanas Apartments Call 602-246-9166
www.4rentweekly.com Furnished Studios & 1 Bedrooms
FREE UTILITIES!!
Studio, Loft, 1 Br, 2 Br & 3Br from $500! Quiet, pool, patio, fitness room. Call 602-249-6244
3542
wkly from
wkly from
Text NORTHWEST
Text WEST
TEXT CENTRAL
2541 W Georgia Phoenix
4323 N 27th Ave Phoenix
1350 E Thomas Rd Phoenix
GREAT MOVE-IN SPECIALS 4 pools/spas + 1 wading pool! 1 bdrm $751, 2 bdrm $855. Vaseo 602-748-1727
Phoenix-East Apartments
1 & 2 Bds at GREAT Rates. Upgraded appl, counters, cabinets & window coverings. Bella Sera 602-748-1679
Phoenix-South Apartments
Newly Renovated Great Spaces A BOLD NEW CHANGE AWAITS! 1, 2 & 3 Br’s from $865. Sterling Point 602-903-2895
Duplex, 3BR, AC, W/D, 3554 Fridge, tile, block fence, Phoenix-West 56th Street and Thomas Apartments area. $900/mo. $500 dep. 1 year lease. Small dog ok. 480-203-1760 1 & 2Brs starting at $709* $249 M-In! oac (subject to change) FREE Water, Sewer, 3548 Phoenix-North Trash. Villa Del Sol 623-385-0017
Apartments
Close to 101 & I-17! One and Two Bedrooms From $599/month. Avalon Hills 602-682-9674
1Br fr $709*, 2Br fr $769*. $249 M-In! oac (subject to change) 59Ave/McDowell (623) 209-7423
3560
Scottsdale Apartments
64St/Indian School. FREE UTILITIES. Studios from $750, 1Brs from $890 Great downtown location, near Old Town. Scottsdale 5th Ave (480) 748-2943
Glendale Apartments
3527
Glendale Apartments
FREE UTITILITIES. ON LIGHT RAIL. 1 Br’s from $755* ARBOUR PARK, 1901 East Apache Blvd. 480-682-1990
3747
3566
BEST LOCATION IN SCOTTSDALE! One Month FREE! 1, 2 & 3 Bd’s from $1175! Crown Court 480.682.1988
Call For Specials! 1, 2 & 3 Br’s from the $834. Villas at Mountain Vista Ranch 623-385-0027
Great M/I Spec*
3568
3533
Mesa Apartments
Tolleson Apartments
FURNISHED PHX STUDIO APTS FREE Utilities, Move In READY FLEX PAYMENTS-NO LEASE REQ CALL NOW! 602-833-7334
3569
Tempe Apartments
$349 M-I by ASU
1st Mo+ Sec Dep*. 1-2Brs fr $675. Hidden Glen 480-516-0438
3756
TEMPE PARK PLACE! 1 & 2 BD’s from $929. UTILITIES INCLUDED! MINUTES TO ASU! (480) 516-0104
3787
1Br’s - $2,525, 2Br’s - $3,349 Renaissance Luxury Living in Sun Lakes Call 480-682-1499
3875
55+ Community Pet Friendly Apts On-site Beauty Salon 9-Hole Putting Green Fitness, Pool, Spa Studios, 1, 2 & 3 Bds Starting at $695 GREAT M-IN SPECIALS Mesa Royale 480-682-4618 1825 N. Stapley, Mesa ûûûûûû
San Diego/Imperial Beach: Vacation at this oceanfront 2 BR/2 BA furnished townhome. Monthly. 949-673-7793
Located inside Westgate City Center!
TOWNHOMES AVAILABLE!
Phoenix-Northwest Apartments
3781
Furnished Rentals
Out of Area Rentals
3533
3554
Mesa Apartments
3549
Phoenix-Northwest Apartments
NO LEASE FREE UTILITIES CREDIT FRIENDLY FURNISHED Rent from $529 Northern Chateau 3708 W. Northern 602-973-1362 AR-0008630703-01
CLASSIFIED ADS change every day, If it’s not here today, be sure and look tomorrow!
Phoenix-Northwest Residential Rentals
3790
3653
Fountain Hills Condo/ Townhome Rentals
3554
Phoenix-West Apartments
Phoenix-West Apartments
3569
2Brs from 769
Tempe Apartments
249 MOVE-IN* oac
FREE RENT
APP FEE WAIVED - VISIT TODAY!
Villa Del Sol (623) 209-7423
LIGHT RAIL
STOP #25
3554
Phoenix-West Apartments
Tempe Apartments
3569
480-682-1990 Free Utilities!
Tempe Apartments
3569
Tempe Apartments
99 FREE CABLE
$
San Marina Check Us Out For Our FALL DEALS! Free After School Learning Center
Free Water, Sewer & Trash
MOVE-IN SPECIAL
1 Bedrooms from $559 2 Bedrooms from $639 2 Bedroom/2 Bath from $659
Bring in this ad for an Additional $50 Off Move-In!
7002 W. Indian School Phoenix, AZ 85033 AR-0008630639-03
3569
Arbour Park
Se Habla Español. *Prices subject to change
Phoenix-West Apartments
Call Republic Classified locally at 602-444-4444 or dial 1-800-352-5095 for non-local areas in Arizona.
1901 E. Apache Blvd., Tempe, AZ
6231 W. McDowell Road, Phoenix
3554
Republic Classified reaches Arizona’s largest newspaper audience – over one million readers per day!
$399 Move-In Special! oac.
Free Water, Sewer, Trash. Full-Size W/D in Every Apt.
$
Seasonal Rentals
For Rent Private Home! Twin Cities MN area, lower lvl., walk-out, 2 BR, util. incl, on lake, avail. May-Sept., $2500/mo. 651-433-3994.
Private studio guest house 2br 2ba, Wood and ceramic at Trilogy Golf Estate, active flooring; 3 ceiling fans; small sr. community, furnished. computer room. Fridge, $549/mo. + $100 dep. Availstove, dishwasher, reverse able NOW! 480-840-5446 osmosis. 18239 N 37th Drive $1075. 602-397-1149
All Area Condo/ Townhome Rentals
Furnished Rentals
Scottsdale McDowell Mtn Ranch, 3 BD, 2 BA, 2 gar, Immaculate! Granite, tile, $1995. 480-419-1960 û†û†û†û†û†û
Coronado Apartments Call for current specials! 1 & 2 Bd’s from $797 480-327-4835
Campus Court Apartments Walk to ASU, 1 Br $650, 2Br $750 and Casitas $750. Some Util. Incl. 480-516-0433
310 N. ALMA SCHOOL RD., MESA, AZ 85204 3549
3790
55+ Living
FREE UTILITIES! NO LEASE. FURNISHED! Studios & 1Brs Coronado Island 2 Br 2 Ba from $569. Stapley & Brdwy. 7th Floor. Beautiful bay La Petite (480) 327-4840 view. Long term rent. Furnished/unfurnished. For McCormick 1275sf condo, 2BR 2BA, ap- info call Jackie 619-888-2707 SCOTTSDALE Ranch Condo. Summertime pliances included, 180 degrees stunning north view Coronado Island. 3BR 2.5BA Special! FULLY FURNISHED from patio, great location. home. patio w/pool & & EQUIPPED. Long or Short beach, closed com., tennis Term? ø 403-249-4631 $1400/mo. 219-688-1546 ct, Avail Mid June-mid Aug.. Call Jackie 619-888-2707
DARTMOOR APARTMENTS
Glendale Apartments
6610 N. 93rd Ave. Glendale, AZ 85305 623-385-0119
3br 2ba, Great location! A/C, all major appliances. Covered carport. large backyard, storage area and laundry. 35th Avenue & Camelback $900. 602-478-5528
INCREDIBLE PRICES!! Tempe Luxury! Great Location! Starting at $985 San Portella 480-385-3075
3634
Phoenix Residential Rentals
WATER, SEWER & TRASH INCLUDED!
CALL FOR DETAILS
Tour interiors, amenities, neighborhoods and more.
Call 602-444-4444
Surprise Apartments
CALL FOR GREAT MOVE-IN SPECIALS!
PREFERRED EMPLOYER PROGRAMS*
• Granite counter tops • Black appliances • Cherry wood cabinetry • Washer/Dryers • 24 hour Fitness Center • Pet friendly
Tolleson Condo/ Townhome Rentals
96th/Shea. BEAUTIFUL! 1Br $965, 2Br $1065. FREE water, sewer, trash. Anacosta (480) 327-4828
480-327-4849 3527
3702
Tempe Apartments
FREE RENT ! Ask me how! Call for Avails and Details. 623-385-0405 Siegel Suites Tolleson
AR-0008630426-01
Glendale Apartments
3569
FREE CABLE! 1-2-3Br from $700. FREE Water, Sewer, Trash. Rural/Baseline College Park (480) 516-0981
Chateau Gardens *@3?F3= :3DGF!B 6105 N. 59th Ave. -21'&1+'%62) 623-937-0128 3527
Sun City/Sun City West Apartments
2 BEDROOMS FROM $800 1Brs from $$709
NO LEASE ,C />.9> FREE 475/575>9 UTILITIES <;>> CREDIT #6%%% FRIENDLY! 9A>*5./$ FURNISHED <4;,598>( Rent ;F!? from EDH" $509 #0-&
Phoenix-Central Apartments
snap!
WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com
3563
Sun city: 2 BR, 2BA tile in kit, W/D indl. Updated in 2008. Carport, 1800sq ft. Corner lot. $875 Call Lowell 602-330-1865
*oac. 2-3 Br’s $941-$1316/mo. Quiet, green comm. Near Schls, shopping & Bus Lines. CREDIT FRIENDLY! Furnish- The Vintage (480) 748-2944 ed. FREE UTILITIES & NO CREDIT FRIENDLY! LEASE from $509/mo. ChaFREE UTILITIES! NO LEASE. Live Well at the Equestrian.. FURNISHED! FROM $529/MO teau Gardens (623) 937-0128 Awesome Location! 37Av/Northern 602-648-9935 1 & 2 Br’s from $875. Equestrian 480-327-4855 FURNISHED PHOENIX APTS FREE UTILITIES! SHORT Studio/2 bdrm great rates TERM & CORP SUITES AVAIL FREE utilities, Move in today Luxury living! 1Bds From STU & 1BS FROM $599/MO! Call now 623-688-3928 $900, 2 Bds from $1100, Sierra Grande 602-648-9884 3Bds from $1350. Franks On Shea 480-682-1492 MOVE-IN AS LOW AS $399!* Spacious 1, 2 & 3 bds Gated, 1 & 2 Bedrooms from $559 Mountainside Community Unique 2 & 3 story TH’s. Great Water, Sewer, & Trash Incl. Green Leaf Promontory Pointe Scottsdale Location! 1, 2 & 3 San Marina 623-792-9117 (602) 748-1719 Br’s! Inspiration at Frank Lloyd Wright 480-385-3406 Palm Crest @ Station 40 3549 2 & 3 BD’s from $667 Phoenix-Northwest 1, Extreme Property Makeover Apartments 623-385-0109
3527
To get AZRentals magazine delivered to your door call 602-444-4971 or visit www.azcentral.com/advert/reprentals
AR-0008632011-01
3551
3545
1st Mo ½ Price!
AZRentals magazine is the Valley’s premier full-color glossy guide to apartment living. Featuring a full-color trifold map of the metro Phoenix area & color-coded geographical sections to help make your apartment search easier.
Accepted at all locations. Rates subject to change without notice. Taxes not included. Some restrictions apply.
LOVE WHERE YOU LIVE! Rents Start at $696! UTILITIES INCLUDED! SienaVillage 602-648-9879
Monthly Rentals. 3 Br’s. $0 Security Dep (active military). Free WIFI area. Desert $0 Deposit. Nice! Vista Del Gardens II. 623-385-0008 Prado (602) 242-0237
Videos that make apartment hunting a
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TO 602-300-7423 TO 602-300-7423 TO 602-300-7423 FOR LIVE INFO! FOR LIVE INFO! FOR LIVE INFO!
CREDIT FRIENDLY! Furnished. FREE UTILS & NO LEASE from $529/mo. Northern Chateau 602-973-1362
W/D IN EVERY APT! All Remodeled. Free Water, Sew, Trash. 1 & 2Br fr $675. Belleview TH’s 602-682-9657
LOVE WHERE YOU LIVE! UTILITIES Included! Rents Start at $600 Ridgeway Village 623-385-0137
PHOENIX CENTRAL
602.748.1674 602.682.9677 602.648.9942
Phoenix-North Central Apartments
Studios $569, 1 bdrm $719, 2 bdrm $889! Instant Approval! Some utilities included. Daybreak Place 602-648-9865
WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com
PHOENIX WEST
NO CREDIT REQUIREMENT NO INCOME REQUIREMENT
NEWLY RENOVATED UNITS! ALL UTILITIES INCLUDED! $99 MOVE-IN!(oac) Studio, Rates as low as $639/mo. 1 & 2 Bedrooms from $425 Pets are welcome - BelCourt Paloma Village 602-385-1228 (602) 648-9859
GREAT LOCATION! 1, 2 & 3 Bds from $799. W/D, large floor plans. Cantamar 602-748-1685
PHOENIX NORTHWEST
$214.95 $209.95 $234.95
WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com
RENTS STARTING AT $629!* Gated, Pet Friendly. North Mountain Village 602-648-9877
Get AZRentals magazine delivered right to your door!
MONTH TO MONTH
2b $775 1b $675. Nice, Gated, balcony 602-246-4330
Mesa Apartments
1 & 2 Br’s from $735. WASH/DRYER IN EVERY UNIT! Fitness, Pool Sage Condos (480) 682-1495
|| 5 R
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$0 Deposit. Pets Welcome Canyon Point (602) 266-7221
3543 3533
Water, Sewer & Trash Incl! 1 bdrm $825, 2 bdrm $930 Your Own Private Resort! 3 pools, tennis & spa! Pets OK! Gorgeous 1, 2 & 3 Bd Condos Villa Fiesta 480-327-4825 from $875. Amenities Galore. Solana 480-385-3089.
3527
Phoenix-Central Apartments
RENT TODAY! Gourmet kitchens, custom features at $915. Courtney Vista at Zanjero 623-385-0005
NOW WAIVING All App & Admin Fees* Rent from $650! Short term avail. Great Location! Central on Broadway 480-385-3411
3509
3542
AR-0008630613-01
3527
623-792-9117
1Brs$ from
700
2Brs$ from
800
3Brs$ from
900
College Park Apts | (480) 516-0981 401 E. Dunbar Dr., Tempe (N. of Baseline/College)
CHECK OUT THIS SENIOR LIVING SPECIAL! Mesa Royale PET-FRIENDLY APARTMENTS FOR INDEPENDENT SENIORS 55 OR BETTER
Studio, 1, 2 & 3 Bedrooms Available
Get AZRentals magazine delivered right to your door!
STARTI NG @ $700 • Dishwasher • Washer / Dryer • Pool & Hot Tub • Clubhouse • Business Center • Elevators • Fitness Center • Theater • Daily Activities
AZRentals magazine is the Valley’s premier full-color glossy guide to apartment living. Featuring a full-color trifold map of the metro Phoenix area & color-coded geographical sections to help make your apartment search easier.
1825 N. Stapley • Mesa, AZ 85203
480-682-4618 www.MesaRoyaleAZ.com
AR-0008632151-01
*Prices subject to change
To get AZRentals magazine delivered to your door call 602-444-4971 or visit www.azcentral.com/advert/reprentals
RENTER’S Legal Q & A Attention property managers and owners! The Arizona Multi housing Association invites you to attend one of the monthly Apartment Coalition meetings located throughout the valley. We currently offer 8 coalitions in the Phoenix-metropolitan area including: Central Phoenix Canyon Corridor (I-17) North Phoenix Glendale
Mesa Maryvale West Valley Tempe
The mission of these coalitions is to lay a foundation of community awareness & involvement by providing educational meetings and networking to better address the needs of your residents as well as provide professional development. By attending these monthly meetings you’ll find: Information of general interest to all involved in managing properties as well as specific information pertinent to the location of your property Insight from guest speakers on how to improve your property’s performance Information from local police on what’s happening in your area Free Q&A with AMA Member attorneys Legislative updates that affect property owners and managers Networking opportunities to support you in your community FREE LUNCH
Whether you own or manage, you CANNOT afford to miss these Apartment Coalition meetings. ALL area owners and managers are welcome to attend. For more information, contact Stephanie Garcia at sgarcia@azama.org to find out about the next meeting in your area! AR-0008632096-01
Question: I live in an over 55 community. On spring break, many of the grandchildren are here in Arizona visiting their grandparents. Our HOA CC&R’s restrict the hours children under the age of 18 can use the pool area. The restriction indicates that children are only allowed in the pool from 10am to 12noon and from 4pm to 6pm. Would you consider this discrimination and is restricting the hours legal? Answer: In a community that is not age restricted (55 and over), a pool rule that restricts children from using the pool certain hours of the day is a problem under the federal fair housing laws. Such rules that are not facially neutral have been successfully challenged and invalidated in communities around the country. However, a qualified age-restricted community has something like a “free pass” to discriminate against those who are not age qualified. The age qualification principally applies to occupancy of a home or unit and that the occupants of the units or homes be over the age of 55. This creates an obvious tension between parts of the fair housing laws that protect the rights of active adults living in these types of communities and the laws that protect families with children in regards to housing related issues. In resolving that tension, the law favors active adult community and allows the age restriction with regard to use of the amenities in that community as well. While there really is no reported decision on such rules in age-qualified communities, it would seem that the age-restricted community can lawfully
impose rules restricting children in their use of the common amenities. In what would be unlawful in other communities, the 55 plus community can restrict the children’s use of the pool. A HUD (Department of Housing and Urban Development) fair housing publication long ago provided such guidance: The housing community/facility may restrict families with children from benefits of the community, or otherwise treat family households differently than senior households, as long as those actions do not violate any other state or local law. However, the community/facility is not exempt from the provisions of the Act that prohibit discrimination against any resident or potential resident on the basis of race, color, religion, national origin, sex, or disability. Editor’s note: Readers who have non-emergency, general landlordtenant, fair housing or multi-housing real estate questions can mail them to: The Arizona Republic c/o Rental Team, 200 E. Van Buren Street, Second Floor, Phoenix, AZ 85004. While all cannot be answered in this weekly column, we will attempt to publish those questions that would be of interest to most readers. For specific or urgent advice, consult your own legal advisors before making a decision. Legal Q&A participating attorneys:
Scott Clark (602) 957-7877
Matt Koglmeier (480) 962-5353
Andy Hull (602) 230-0088
Mark Zinman (480) 994-4732
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AZRentals TOM SIMPLOT RENT SMART
End-of-school-year move doesn’t have to be stressful Next weekend cars, trucks and moving vans will be pulling up outside of dorms and apartment buildings across Arizona. Students will be wrapping up another school year and leaving their dorms rooms behind. For these students, planning the move can be stressful. Many dorms require that students leave within a day or two of completion of their exams. Hundreds will swarm campuses, all with the same goal.
Set a timeline for the move and set an appointment with the Resident Advisor or Manager for your final walk-through. Do your own walk through first to see what needs to be repaired or replaced. Schools and apartment operators will charge their renters fees associated with damaged furniture, flooring, fixtures and more. There’s often a pricing outline of how much will be assessed for damage or removal of items that belong to the owner/operator. Coordinate with your roommates if
you have them. It’s best to review what you expect and how you will cover final fees before you leave for summer break. Dispose of goods and trash responsibly. You can check out ASU’s “Ditch the Dumpster” program to learn more about how you can recycle and upcycle your goods. They have partnered with local nonprofits to take your quality unwanted goods and recycle them to benefit the community. This keeps waste out of landfills and helps individuals and families in need.
Clean up your apartment before you leave. It can be tempting to leave trash or not to do a final cleaning of your place when you are moving. Most college dorms and apartments charge a cleaning fee if you leave a mess. The end of school year comes fast and it can be tough to study for finals and plan for a move at the same time. Planning before the big day will take some of the stress out of this big change. Tom Simplot is president and CEO of the Arizona Multihousing Association.
IF YOU ARE THINKING ABOUT BUYING A HOME OR REFINANCING,
GET OFF THE FENCE. THE CLOCK IS TICKING, TIME IS RUNNING OUT!
Mortgage Rates Drop!
3.69% APR Refinance Now | 30 year Fixed
INCLUDES FREE APPRAISAL Free Appraisal Offer Expires 5/15/2017. The upfront appraisal fee will be paid by Scout Mortgage. Loan application must be approved to qualify.
Purchase or Refinance NO application fee, NO processing fee, and NO upfront appraisal fee.
480.607.7906 or visit us at scoutmortgage.com 9304 E Raintree Dr., #110 Scottsdale, AZ 85260 This advertisement is a solicitation by Scout Mortgage, Inc. for a mortgage loan. Owner Occupied. Rates subject to change. APR based on loan amount of $350,000 and 75% Loan to Value, credit score 740 and two discount points. Purchase or Refinance. Good Credit and Verifiable Income Required. Other loan programs are available. Rates are subject to change. Call for Details. AZ MB 0903218 / NMLS #56553. AR-0008663716-02