October 2007

There are 23 blog entries for October 2007.

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Litchfield Park Festival of the Arts

Wednesday, October 31st, 2007 at 5:28pm. 300 Views, 0 Comments.

One of the most anticipated events of the year is coming November 3 and 4th.The Historic Downtown Litchfield Park hosts the ever popular Litchfield Park Festival and Arts.  This event will showcase over 300 fine artists and craftsmen exhibiting their unique wares.  There will also be other types of entertainment such as book signings, artist talks and demonstrations and an antique book sale. Live music and bands including performances by Arvil Bird and One Nation will also be enjoyed by attendees both days of the event. Kids will be involved as well with fun trains and exciting inflatables.Expect sumptuous samplings of food from around the world, Greek, Jamaican, Italian, Mexican, German, BBQ and much, much more.This is an outdoor festival that…

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What do Buyers Want In a Home

Wednesday, October 31st, 2007 at 4:53pm. 305 Views, 0 Comments.

What every home in Phoenix should have.I believe that you should buy a home that fits best, your personal needs.  But, if you will  be moving from it in a short time, or it will be an investment than you should to take into account the results of the NAR 2007 Profile of Buyers Home Feature Preferences. The report highlights some of the more popular features buyers are looking for.  They are listed in no particular order.1.  Buyers want central air conditioning.  This feature is a must in Greater Phoenix.2.  The size of homes has increased by 100sf from 2004 survey.  It's currently at 1,840sf, but I believe 2100 is much safer.3.  Storage is a must.  Our society is driven by consumption and storage.  We tend to keep things even if we don't…

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Subject To Loans or Wraps

Wednesday, October 31st, 2007 at 4:39pm. 307 Views, 0 Comments.

Creative Financing for Real EstateThe recent credit crunch has brought back to life creative financing.  Though creative financing can be a good way to acquire property it has its own traps.  Investors and buyers should be careful about employing certain acquisition tactics.  Wraparound or "wraps" especially can be a risky proposition.  This is a financing method that should only be considered if the loan does not have a due on sale clause.  Since almost all loans if not all have a due on sale clause, the wrap around should  not be used.  The risk is that employing a wrap in fact trigger the due on sale clause putting the original owner and the new owner in a position of having to cure the loan immediately.  If a wrap is used the additional risk…

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X Ten Wine Lofts

Tuesday, October 30th, 2007 at 6:56pm. 262 Views, 0 Comments.

For the perfect urban lifestyle.This unique, edgy, urban loft community is located in Old Town Scottsdale, on East Osborn Road and is a development by Grace Communities. These lofts offer exceptional venues for for entertaining and living. The loft designs are open with floor plans that focus on removing barriers and walls between the kitchen, living rooms and wine bar.  Breathtaking balconies open onto  beautiful views of the city and nearby mountains.Community amenities at the X Ten Wine Lofts include: an open, inviting courtyard with decorative planters, clubhouse with pool table and flat screen TV, heated swimming pool, modern fitness center and an outdoor fire pit.Theses lofts are in the center of everything so it is just a short stroll to…

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Equestrian Manor

Monday, October 29th, 2007 at 8:02pm. 332 Views, 0 Comments.

A popular community in ScottsdaleA beautiful, gated community located in the heart of Scottsdale, just north of Paradise Valley.Residents appreciate the conveniences such as easy access to major freeways, the Scottsdale airport and large employment centers but they also enjoy larger lots, lots that are at least 35,000 square feet.Within this community are approximately 120 homes that enjoy a very social neighborhood.  Neighbors participate in block parties, progressive dinners.  The neighborhood is also close to wonderful shopping, exquisite dining and and lots of entertainment options.Homes have amenties such as oudoor fireplaces, covered patios, outdoor pools, misting systems,travertine flooring and incredile granite countertops and gourmet…

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Optima Camelview Village

Sunday, October 28th, 2007 at 8:28pm. 273 Views, 0 Comments.

Enjoy premier urban living in the center of downtown Scottsdale.Residents will appreciate the convenient amenities of Scottsdale city living such as dining, shopping and entertainment venues but can also enjoy the beautiful neighboring Camelback and Mummy Mountains.  This 14 acre haven is located at the northern edge of Scottsdale and is a dynamic new luxury residential community.  This exclusive Scottsdale address offers private terraces, gardened rooftops, floor to ceiling windows for beautiful sunsets of downtown Scottsdale.The community embraces "green living" which includes park-like settings, dog park and two outdoor swimming pools. Other amenities include ian ndoor swimming pool, waterworks, outdoor putting green, racquetball and basketball…

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Kerr Cultural Center

Friday, October 26th, 2007 at 10:37pm. 340 Views, 0 Comments.

One of Scottsdale premiere cultural venues.The Kerr Cultural Center began as the beloved ranch of Louise Lincoln Kerr.  The ranch was first built in the 1940's and it was a spacious  five-room adobe  with massive rough-hewn wooden beams, hand made, wrought iron chandeliers, railings and doors and bookcases.  In 1977 after Mrs Kerr had passed away her ranch became the home and studio of her friend, the artist John Waddell as well as a popular artist colony for emerging muscians, artists and writers.The Kerr Cultural Center offers many great artistic outlets such as: Sunday at Kerr, Jazz in AZ, Final Word, a lecture series, Coffee at Kerr and Tuesday Morning Music and Tea.  The Kerr Cultural Center offers a huge variety of local, regional,national…

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North Scottsdale, Arizona

Friday, October 26th, 2007 at 4:03pm. 311 Views, 0 Comments.

About North Scottsdale, AZ the area, real estate, schools, shopping and leisure.North Scottsdale in Arizona is a mostly newer area of the valley.  Its expensive compared to the median for Greater Phoenix; its unique and in most places the beautiful Sonoran desert dominates.  In the 3rd Quarter 2007 the median home price in North Scottsdale was $647,000.  North Scottsdale has boundaries on each side except the South were no one can agree where South Scottsdale ends and North Scottsdale begins.  Some say Shea Blvd. and that seems like a good split but a more accurate split of Scottsdale would be in 3 with a new Middle Scottsdale.  If you delve into each part you will see what I mean.  Each has its own character.North Scottsdale is about the good…

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Day of the Dead

Tuesday, October 23rd, 2007 at 7:42pm. 322 Views, 0 Comments.

This wonderful tradition come alive this time of year.El Dia de los Muertos is a public holiday in Mexico and is a very popular celebration in Arizona. The Day of the Dead as it is called in English is a two day ritual that the natives of Mexico have been practicing for more than 3,000 years. Aztecs and other Latin civilization regarded death as a continuation of life, not the end.  It is traditional for families to build alters in their homes for dead ancestors.  On these alters family members would place flowers, foods, photos or paintings of those departed and lighted candles.On the first two days of November people may wear wooden skull masks, also called calacas and dance to honor those who have past on. Many public exhibitions are also offered…

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Small Investors Should Consider Adding Real Estate To The Investment Portfolio

Tuesday, October 23rd, 2007 at 6:17pm. 277 Views, 0 Comments.

Second Part of Advice for Small Real Estate Investors in Phoenix
Part 2 of 2 - Advice for Small Investors in PhoenixStart out small – Investing in real estate may require a great deal more of a time involvement than investing in stocks. That’s why first-time commercial investors are advised to purchase smaller properties, such as duplex, triplex or fourplex apartment buildings or single-tenant retail properties. These properties require less initial capital and generally a reduced time management commitment but still provide the experience of ownership and prospect of financial rewards. Often the lender will require investment real estate experience before financing a larger property.
Stay close to home – Markets across the

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