Tempe, AZ Real Estate News

By Will Daly, www.WeKnowUrban.com - Phoenix High Rise and Loft C
(We Know Urban Realty)
The owner of Monti's La Casa Vieja Restaurant in Tempe has revised his plans to build two high rise mixed use buildings adjacent to and over his business.Michael Monti had recently been criticized for proposing that one of the two towers (tenty five stories and 300 feet tall) actually straddle the historic restaurant (originally built in 1871).  Critics felt it would demean the historic value of the restaurant and possibly jeopardize the historic status of the building.  To his credit Monti is not fighting the issue and has instead elected to redesign the plan.  He will present his new plan to the Tempe Historic Commission this Thursday.
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
I am still amazed that I get offers in my mail box from mortgage companies that list out all the products they currently carry.  As if someone is going to hire them because they named off a product that sparks their interest.  I got an offer the other day that read something like this.Here at XYZ Mortgage we have all types of loan products:  Full Doc, Low Doc, Lite Doc, No Doc, Stated Income, Self Employed, Bank statement loans.Conventional, FHA, VA, Government, Alt A, Sub-prime, Community ProgramsFirst Time Home-buyers, 100% financing, Little Down, Down Payment AssistancePrimary home, Investment, 2nd homes, Vacation properties, Commercial, Condos, Town-homes.No Cost, Some Cost, All Cost,  Blah, Blah, Blah, Blah, Blah, My thoughts that come to mind is how can average Joe Home-buyer unde...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Well Sun Devil Fans, today Arizona State kicked off their basketball season playing an exhibition game against in town Grand Canyon University.  I was at the game, and the Devils won the game 80-53.  The top scorer was Freshman guard James Harden.  With a great recruiting class from 2nd year head coach Herb Sendek, we should expect a better season then last.  Season tickets are still available and there really is not a bad seat in the house.  So I hope to see you at a game in the future.GO DEVILS!!
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By Nick Bastian, Real Estate Agent - Tempe
(Realty Executives)
This morning, I attended an "Open House" showcasing the new residential project called Newberry Terrace which is located just South of Apache and East of Rural in Tempe. The future Dorsey / Apache stop for Metro's light rail project is just a short distance away.. Homes range in size from 1376 to nearly 2400 square feet and current pricing begins near $280k and goes up to the $400's. Their B and D plans consist of single family homes from 2-4 bedrooms while the E and F plans consist of loft/town-home style units with attached, common walls. This is a nice in-fill project with a couple of "common areas" that are well landscaped and look pretty good. The two main streets for entering/exiting the community are wide enough to accommodate parking and drive through traffic which is nice for t...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Are you looking to buy an investment property, but do not understand the lending process?  Well look no further, you have come to the right person to help you.  I have over 14 years experience in the Real Estate and Mortgage Services Industry.  Mortgage planning requires highly specialized financial expertise.  It demands hands-on experience throughout the enitre investment process.  I understand the time, labor, and cost involved in completing investment projects.  Whether it is the short term endeavor, equity/appreciation opportunity, or long term cash flow property, I have solutions for you.  I offer discounted services based on volume purchases, and is dedicated to relationships that make sense.I am the Trusted Advisor that you can rely on for education and guidance.   I believe it ...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Are you a small business owner who is trying to grow your business?  Is extra capital hard to come by?  Well look no further, you have come to the right person to help you.  I have over 14 years experience in the Real Estate and Mortgage Services Industry.  Locating untapped resources within your organization can be the cornerstone toward obtaining life's financial and retirement goals.  I help uncover these hidden resources,  By restructuring mortgage loans and equity, I can help you fund additional projects and expand your business.  I also assist in freeing up funds for long term investments and retirement goals.  I am the Trusted Advisor that you can rely on for education and guidance.   I believe it is of the up-most importance to keep my clients informed throughout the entire tran...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
So you went to your mortgage lender and spent the quality time upfront to be pre-approved.  You shopped till you dropped and finally found the right home for you.Now comes the fun part.  Getting the transaction closed. Once your under contract, there are things that need to be finished.  Below is a list of helpful tips and advice so your mortgage transaction will close on time.   Get all required paperwork to the lender in a timely manner.  Most of the time any documentation your lender asks from you needs to be reviewed and signed off by the underwriter.  If this is not done, then they will not be able to move forward with getting closing documents to your title company.Do not change your employment status.  I really cannot emphasize this enough.  Basically, your lender qualified you b...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Are you looking to buy your first home, but do not understand the process?  Are you needing funds for down payment assistance?  Were you turned down by other lenders who do NOT specialize in these types of loan programs?  Well look no further, you have come to the right person to help you.  I have over 14 years experience in the Real Estate and Mortgage Services Industry.  The purchase of your first home will be one of the largest investments you will ever make.  You will need a plan and guidance along the course of that long term investment.  I am the Trusted Advisor that you can rely on for education and guidance. Specializing with first time homebuyers, I have an expansive knowledge of programs such as FHA, VA, government bond programs and little or zero down payments loans.  I prese...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Lately I have been asked by a large group of people if I can get 100% financing for first time home buyers.  There is been so many changes to mortgage guidelines lately that most of us get really confused on who we can really qualify for a home.  So I will set the record straight by first stating that YES first time home buyers can get 100% financing, and attached below of some of the most popular financing products for this type of client. I will rank this list based on what I feel are the best 100% financing programs:FHA Loans with Down Payment Assistance:  This program is actually 97% financing, but the buyer can use down payment assistance.  Down payment assistance is basically a gift of the 3% down payment.  The gift can come from many sources such as a family member, a church or a...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
SynopsisMichael Clayton (George Clooney) is an in-house "fixer" at one of the largest corporate law firms in New York. A former criminal prosecutor, Clayton takes care of Kenner, Bach & Ledeen's dirtiest work at the behest of the firm's co-founder Marty Bach (Sydney Pollack). Though burned out and hardly content with his job as a fixer, his divorce, a failed business venture and mounting debt have left Clayton inextricably tied to the firm. At U/North, meanwhile, the career of litigator Karen Crowder (Tilda Swinton) rests on the multi-million dollar settlement of a class action suit that Clayton's firm is leading to a seemingly successful conclusion. But when Kenner Bach's brilliant and guilt-ridden attorney Arthur Edens (Tom Wilkinson) sabotages the U/North case, Clayton faces the bigg...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
(Arizona State Football 8-0)Its now official, Arizona State Football is the "REAL DEAL" and has a chance at a national title.  I just got back from watching the game, as ASU beat CAL 31-20.  Arizona State is now the only undefeated team left in the PAC 10.  Under new coach Dennis Erickson, ASU is on a collision course with a big bowl berth.  Now, I do not want to brag, but this team is getting it done.  At halftime, after a slow start and some really bad calls by the officials, Arizona State was down 20-14 CAL.  The Sun Devils came back in the 2nd half to rally and win the game.  Now they have been doing this all year, and no one would give them credit, but tonight the national sports media is all eyes on the Sun Devils after knocking off a ranked opponent for the first time since 2004....
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By Tom Tokoph
(Urban Realty & Development)
Last month, the city approved a new parking structure and Phase 2 of "6th Street Park" next to the Orchidhouse Lofts in downtown Tempe.  The plans for the garage include first floor retail space, office space as well as a rooftop garden... obviously, not your typical parking structure!  At the same time, Phase 2 of the "6th Street Park" will finally wrap the City Hall building on the East side of the property.  This will complete most of the circular sidewalk that currently runs through "6th Street Park".  There will be a water feature added as well.  If all goes as planned, completion of the project would be within the next 2 years.  Take a look at the renderings and let me know what you think! Would you like to live or work in Downtown Tempe? Call an Urban Real Estate Broker who actua...
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By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
Cinderella Affaire is a non profit organization operated by Tempe Arizona's Community Council. Cinderella Affaire collects formal wear, prom dresses and tuxes which are then given to teenagers in low income families so they will have wearing apparel for homecoming dances and proms. Often times after formal wear is worn a few times, it is discarded and something else is purchased, leaving lovely garments languishing in the backs of closets. Dust them off, take them out of the boxes and donate them to this very worthwhile cause. With the price of formal dresses and tux rental these days, a family on a low income budget simply can't afford to purchase these formal items, leaving low income teenagers to feel very left out of these high school traditions. You can check out the organization's...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Sometimes, I have to chuckle when I look and see how our society makes the decisions that we do.  When we get sick, we go see a doctor who has spent a good portion of his life in school training for his career.  When we need an attorney we seek out only the best and look for law firms with a great proven track record.  If we are investing our money into the stock market, we seek out professionals or insiders who understand how to protect our money for our retirement.  But, for some reason when we decide to spend hundreds of thousands of dollars on a home, this common sense approach to business is thrown out the door.  Some of us end up making poor decisions on mortgage loans and working with sub-standard lenders who will cost us more money in the long run.  I think I know why this happe...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Across the Universe directed by Julie Taymor and starring Evan Rachel Wood and Jim Stugess is a musical that uses the songs by The Beatles to convey the story.  Read Plot Summary below:Adock worker Jude (Jim Sturgess) travels to America in the 1960s to find his estranged father. There he falls in love with sheltered American teenager Lucy (Evan Rachel Wood). When her brother Max (Joe Anderson) is drafted to fight in the Vietnam War, they become involved in peace activism. The film title and main characters are named after various songs by The Beatles. Written by MIB6116 Musical based on The Beatles songbook and set in the 60s England, America, and Vietnam. The love story of Lucy and Jude is intertwined with the anti-war movement and social protests of the 60s. Over 30 Beatles' songs are...
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By Will Daly, www.WeKnowUrban.com - Phoenix High Rise and Loft C
(We Know Urban Realty)
The Brownstones at Tempe remind me so much of the architectural style that I just saw in Amsterdam, The Netherlands.  (Granted I much prefer the history and construction in Holland but since that city is about seven hundred years older than Phoenix, let's give Brownstones at Tempe a break).  Nonetheless, once you turn the corner into the community one can not help but notice the quaint feel of the community.  Tall narrow buildings with varying looks and facades reminds one of small town America.The exterior of each home brick and/or stone facades at the front and back of the properties.  The interiors have mondern technology and wiring, two and three story floor plans, granite countertops, wood floors, and upgraded appliances.  All the garages are in the back of the homes so that the fr...
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By Will Daly, www.WeKnowUrban.com - Phoenix High Rise and Loft C
(We Know Urban Realty)
The WeKnowUrban High Rise and Loft Tour of Tempe on October 13th, went over wonderfully.   We had a bus with over twenty high rise and loft condo enthusiasts join us for about two and a half hours as we visited communities like Sotelo Condominiums, Hayden Ferry, TUL, Brownstones of Tempe, and Centerpoint High Rise Condominiums.  It was a dynamic group with architects, real estate agents, urban enthusiasts, and a man who is already under contract for a Centerpoint unit.  People were very chatty and easily shared their likes and dislikes of the various properties.  The heighth of the bus gave us all a very unique perspective allowing us to see Tempe Town Lake better than is possible from an automobile.Here's a great shot of the lake and Tempe in general.  A great shot from the area near N...
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By Bob & Carolin Benjamin, East Phoenix Arizona Homes
(Benjamin Realty LLC)
If you are into yoga, massages and organic foods you may want to check out a new holistic center near Tempe Arizona called I Am ... The Center. You can take classes, get a massage, meet with financial therapists, or just hang out at the bistro that serves organic foods. There is also live music on Sunday nights. The center is the brainchild of a Phoenix Valley attorney who wanted to have all these things under one root to be able to partake of and enjoy. Thinking of relocating to Arizona where you can enjoy facilities such as I Am The Center? Give Bob and Carolin Benjamin a call at 480-201-3001. We can help you with your relocation needs.
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By Kevin Hanley
(Coldwell Banker Residential Brokerage)
371 W Lodge Dr, a beautiful Tempe AZ condo in upscale Brittany Lane Community!You absolutely have to see this beautiful home in upscale Brittany Lane, conveniently located near ASU & AZ Mills Mall! This modern home is across from the manicured common area and sparkling community pool! Priced to sell!This beautiful patio home condo offers 1174 square feet of living space!Easy flowing floorplan offers 2 big bedrooms plus a large Den/Office/Guest Room!Neutral colored carpet is complimented by color accent freshly painted walls!Front yard landscaping maintenance is provided by the Homeowners Association!Spacious greatroom floorplan is perfect for every lifestyle, and great for entertaining!Brittany Lane provides residents a valuable parking area for RV's, boats, big toys, etc.!Galley type k...
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By Gary Miljour, Mortgage Originator NMLS Licensed in AZ and NC
(American Financial Network, Inc. NMLS#207208)
Everytime I turn around the mainstream media is providing the consumer with another article on the mortgage crisis.  There is not a day that goes by now that I know of someone who was a mortgage lender who recently has exited out of this business.  They a making a mass exit because they state "the business is slow", or "its a bad market".  My opinion is different.  They are leaving because they did not provide their customers a unique experience and did not build a great relationship.  My entire business has been built on providing unique services that not many other mortgage lenders can compete with.  Most of these things are small, but mean a lot to my customers.  I wanted to take a moment and share some of these unique things I do.I am honest with my customers upfront:  This includes...
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