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Arizona Homeowner January / 2010

Inventive Home Lending 1400 E. Southern Avenue, Suite 615 Tempe, Arizona 85282 RETURN SERVICE REQUESTED

The financing of your real estate can be a daunting task. You want the best interest rate and you want the pre-approval, application and close of escrow processes to be hassle-free. I understand. I listen. I respond quickly. • I specialize in custom-designing a specific loan for each individual client. With over 400 loan programs at my fingertips, you will get a mortgage that best fits your unique situation. • I use the latest technology in loan underwriting. You’ll receive a loan decision within hours. Don’t wait days to find out if you qualify for the home you really want! • Closing thousands of loans and working with thousands of borrowers assures you that I have the knowledge and expertise to handle any situation. • My impeccable reputation is my best asset. I always strive to exceed your expectations! CALL ME TODAY!

my oh my!

A Happy New Year to All!

Happy New Year! I hope you have enjoyed your holiday season. With 2010 upon us, we all have the good fortune of a clean slate for the new year. In 2009 we saw mortgage loan originations and real estate sales bounce back very nicely. The coming year will be an interesting one for both the mortgage industry and real estate market. Despite the rosy housing numbers for 2009, 2010 will be hard to project. In the mortgage industry there are major changes taking place. Lenders who have taken massive losses on real estate loans during the recession are gun shy about lending money and continue to do so only with the highest scrutiny. Federal regulators are rolling out all sorts of new lending rules and oversight onto the industry. Both of these trends will likely slow new loan growth in the New Year. The real estate market also faces its own challenges. Last year was a year of solid progress as low home prices, low rates, and first-time homebuyer tax credits combined for a tremendous surge in home buying. Will we see the same growth in 2010? The homebuyer credit will be available again for the first third of the year. And that will definitely help keep home buying at a good pace. But there is also anticipation that mortgage rates will be on the rise as well. In our next newsletter we will focus on a final analysis of housing trends in 2009

Now That’s A Pizza Pie!

along with early predictions for 2010. One important development in lending since the last newsletter is that Congress extended the first-time homebuyer tax credit. Plus, they added in an extra incentive to allow repeat home buyers to also receive a tax credit for buying a new home. Here are the details: The bill extends the present $8,000 tax credit for first-time homebuyers through April 30, 2010 providing that the buyer closes escrow by June 30, 2010.Current homeowners are eligible for a $6,500 tax credit through April 30th, provided they currently own a primary home or have owned a primary home in five of the last eight years. The home they buy must become their primary residence, but buyers don’t have to sell their previous home. They can use the previous home as a rental or a second home and still claim the credit. Under the Extended Home Buyer Tax Credit, single buyers with incomes up to $125,000 and married couples with incomes up to $225,000 are eligible for the tax credit.

HELP FOR HOMEOWNERS

• Mortgage rates are at a 50-year low. Almost everyone can benefit by either buying a new home or refinancing to a low fixed rate. Call now for a free review of your options. • First-time homebuyers are eligible for an up to $8,000 tax credit, and repeat home buyers are eligible for an up to $6,500 tax credit for buying a home by April 30th, and closing by June 30th. • If you have a Fannie Mae, Freddie Mac, FHA or VA loan you may be eligible for refinancing even if your owe more on your loan then your home is worth. (Call us to determine if you are eligible).

Brady Holland President 480.627.2423 bradyh@ihlending.com www.ihlending.com

MORTGAGE RATES AS OF 12/10/09 LOAN RATES FOR $150K-$417K

30 Year Fixed @ 4.750%/5.105%APR 15 Year Fixed @ 4.250%/4.679%APR 5/1 ARM @ 3.625%/4.053% APR

LOAN RATES FOR $418K-$1.5M

5/1 ARM @ 4.375%/4.672% APR 7/1 ARM @ 4.750%/5.099% APR

*Note: Quotes assume primary home financing with 720+ fico score on a single family property with 20%-30% equity. All quotes offered at 1% origination fee. Certain restrictions apply.

MB0905347

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.desertlifestyle.net

destructive water damage

How To Protect Your Home

the secret’s out!

LGO’s Infamous Rocket Man Pizza Recipe!


Event Calendar January 2010

Drive the Dream Gala WestWorld, Jan. 16th 480.922.8212 or childhelpdrivethedream.org This magical night is dedicated to a truly worthy cause. Proceeds benefit Childhelp, the leading national organization dedicated to helping victims of child abuse and neglect. A part of the BarrettJackson event, the evening unfolds with a cocktail reception, followed by fine dining, a live auction and dancing. Glendale Glitter and Glow Block Party Downtown Glendale, Jan. 16th 623.930.2299 or glendaleaz.com Don’t miss out on this exciting block party, a finale to the annual Glendale Glitters holiday event. Thousands of people will fill the 12 blocks of historical downtown. More than a dozen musical acts and lively street performers will be entertaining the crowd. The ambiance is festive with the soft glow of lit and tethered hot air balloons, and the 1.5 million twinkling lights as the stunning backdrop. Sunday A’Fair Scottsdale Civic Center, Jan. 24th 480.994.2787or scottsdaleperformingarts.org Pack a picnic basket and sit out on the lawn as you enjoy the many performances by top Valley entertainers. Or, delicious food and beverages from Arcadia Farms will be available to purchase. Many activities for children and families will be set up as well as a free guided tour of the sculptures in the Civic Center. What a great way to spend a sunny winter afternoon. National Geographic Live: Hunting Dinosaurs Mesa Arts Center, Jan. 27th 480.644.6501 or mesaartscenter.com Go back in time with Paul Sereno to the prehistoric era of the dinosaurs! This modern-day Indiana Jones leads expeditions to exotic places such as the Sahara and Tibetan Plateau in search of fossils. You’ll be captivated with many great stories of Sereno’s thrilling life and recent dinosaur discoveries. Walk ‘n Roll Dog Walk Tempe Town Lake, Jan. 31st 480.945.0754 or walknrolldogwalk.org Bring your dog out for a little exercise and fun all in support of their canine friends. The day starts out with a 5K walk and wheelchair roll around Tempe Town Lake. Afterwards participate in the silent auction, play a few games and browse the many vendor booths. Proceeds benefit Power Paws Assistance Dogs.

LEAVE HAPPY!

WHERE TO FIND THE VALLEY’S BEST PIZZA Every homeowner has worried about it: What if a busted pipe leaks and floods your home or water in the backyard seeps inside and causes damage? Even one seemingly small incident like an overflowing toilet or a burst water supply line to your washing machine or refrigerator ice maker can cause major headaches for homeowners. You may not realize it, but water leaks are the number-one cause of property damage, according to Safeguard Security & Communications, Inc., a security and communications provider here in Arizona. Water damage is also the most common insurance claim, says Safeguard. More scary stats: 5 million water heaters rupture annually and cause some degree of household damage while 2 million homes experience severe damage, according to Safeguard. How can you protect your home from water damage? Routine maintenance is step number one. According to the Tampa, Florida-based Institute for Business & Home Safety (IBHS), a research and advocacy group that works to reduce the social and SOURCE: INSTITUTE FOR economic effects of natural disasters and other property BUSINESS & HOME SAFETY (IBHS) losses, simple steps can make a big difference. They recommend homeowners inspect plumbing supply lines Water heater failures are and drain systems annually and that you check one of the top five sources refrigerator ice makers, washing machines, toilets, of residential water losses. showers, and water heaters for problems before they The chance a water heater happen. One important tip: Make sure all family will leak or burst begins to dramatically increase when members know how to shut off the main water valve it is just five years old. in an emergency. Three-quarters of all water Water from outside your home can also get in, heaters fail before they are especially with excessive rainfall and poor drainage 12 years old. areas. IBHS recommends clearing drains of debris and making sure the grading around your home directs 73% of losses involving water away from your house. It’s also important to an icemaker were caused make sure mulch and other bedding material does not by the failure of the supply rest up against your house and that irrigation systems line hose — and 10% of incidents involved new don’t spray against your home causing water damage refrigerators and were linked to your foundation. Another tip? IBHS also suggests to improper installation. using high-quality silicone caulk to seal areas where cables or pipes exit walls (think clothes dryers, kitchen Toilet failures are the second or bathroom vents, and outdoor electrical outlets). leading source of residential Even when every precaution has been taken, water losses, costing an accidents happen and water damage can occur. average of $5,584 per incident One solution is to arm your home with a leak alert after the deductible was paid. system, such as Safeguard’s Flood Watch system. Installers place wireless sensors throughout your home in strategic locations (water line connections to your washing machine, water heater, sinks, toilets, and icemaker) to alert you if there is a leak. If the sensors detect a leak, an automatic alert signal is sent to a shut-off valve connected to your home’s main water line. Once the water is shut off, no further damage can occur to your home. Safeguard receives a signal about the possible leak and in turn contacts the homeowner notifying them of a possible problem. For more details on Safeguard’s Flood Watch protection plan, contact them at 1.800.426.6060.

Water Woes Did You Know?

Your Home

Got a hankering for truly delicious, dare we say gourmet, pizza? You’ve come to the right place! Our region – quite surprisingly to some East Coast transplants – boasts some of the finest pizzerias around. You just have to know where to look. Here’s our tour of the top pizza joints in the Valley. First off, no talk of Arizona pizza would be complete without mentioning the hot-hot-hot Pizzeria Bianco. Here are just a few of the accolades bestowed on chef Chris Bianco, owner of this Heritage Square stronghold: Bianco is the only pizza chef to be awarded the prized James Beard Foundation for best chef of the Southwest (2003), his pizza was named the best in the country (yes, the country) by food writer Ed Levine in his book Pizza: A Slice of Heaven (Universe Publishing, 2005), and he’s often been praised in bon appétit magazine. Need we say more? The pizzas are homemade and wood-fired in the oven – try the Sonny Boy (tomato sauce, fresh mozzarella, salami, and Gaeta olives) or the Rosa (red onion, parmigiano reggiano, rosemary, and Arizona pistachios). The woodroasted antipasto also gets raves. This pizza haven is always busy, but crowds don’t usually mind waiting at Bar Bianco, the beer and wine bar located just next door. 3 Tomatoes & A Mozzarella is another popular spot for pie. This Tuscan-inspired restaurant has locations here in Peoria and in Las Vegas, Nevada. Offerings include pizza – try the Potato Pie (thin sliced garlic potatoes, bacon, caramelized onions, sautéed spinach, and a special blend of cheese), paninis, antipasti, pasta, and salads. Beer and wine are also served. While the much-revered Scottsdale location has closed its doors, many 3 Tomatoes loyalists are happy to get their fix at the remaining locations. With numerous awards and accolades, Grimaldi’s Pizzeria also makes the “it” list of pizza places in the Valley. The secret

to this venerated pizza? The coal-fired brick oven that gives the pizza its distinctive flavor and crispy crust. Don’t take our word for it: The Grimaldis have been firing up their pizza oven under the Brooklyn Bridge in New York City since 1905, attracting the likes of Frank Sinatra and Mayors Giuliani and Bloomberg through the years. They eventually brought their pizza West and now have six locations in Arizona. Fans swear this pizza is one of the tastiest around. If you’re looking for great pizza in downtown Phoenix, look no further than Cibo Urban Pizzeria Cafe, where the handcrafted pies are lovingly baked in a wood-fired oven. Winner of the Best of Phoenix in 2005, 2006, and 2007, Cibo is housed in a refurbished downtown Phoenix bungalow and definitely worth the trip for its nice neighborhood café atmosphere. Special care is given to choosing locally-grown and imported ingredients to make each hand-tossed pie fresh and homemade. Try the Capricciosa pizza (prosciutto cotto, mushrooms, artichokes, and black olives) or the Salmone (topped with fresh mozzarella, smoked salmon, and fresh basil). For dessert, indulge in warm crepes filled with Nutella and mascarpone cheese. Yum. Finally, La Grande Orange Pizzeria rounds out our list. This upscale market and restaurant keeps the crowds coming. Trendy and comfy at the same time, LGO (to those in the know) is the place to see and be seen. But don’t get distracted by the lively atmosphere – the pizza truly is the raison d’être. The menu is simple and unfussy but the food is spectacular. Chalk it up to exceptional ingredients and creative combinations. Try the Pacifica (lined with rock shrimp, goat cheese and chorizo and finished with thyme and lemon zest) or the Padre (prosciutto, arugula and Point Reyes blue cheese) for an inspiring piece of pie heaven!

3 Tomatoes & A Mozzarella • 8258 W. Thunderbird Rd. #206 Peoria, AZ 623.878.1116 Cibo Urban Pizzeria Café cibophoenix.com • 603 N. 5th Ave Phoenix, AZ 602.441.2697 Grimaldi’s grimaldispizzeria.com • 4000 N. Scottsdale Rd. Scottsdale, AZ 480.994.1100 • 20715 N. Pima Road #115 Scottsdale, AZ 480.515.5588 • 2168 E. Williams Field Rd. Gilbert, AZ 480.814.7722 • 9788 W. Northern Ave. Peoria, AZ 623.486.4455 La Grande Orange Pizzeria lagrandeorangepizzeria.com • 4410 N. 40th Street Phoenix, AZ 602.840.7777 Pizzeria Bianco pizzeriabianco.com • 623 E. Adams Street Phoenix, AZ 602.258.8300

Rocket Man Pizza

Local Flavor!

Saturday Science Class Arizona Science Center, Jan. 16th 602.716.2000 or azscience.org You and your child are invited to join the Arizona Science Center each Saturday, as they explore various topics to investigate and experiment with. This specific Saturday the subject is robots! Examine and analyze them and work on building your own robot! It’s sure to get young minds excited about science. Advanced registration is required for this event.

Ingredients: 1 10 oz. Pizza Dough Ball (or your favorite frozen crust) 2 cups Pizza Cheese (you can blend mozzarella with white cheddar) 7 Roasted Roma Tomatoes 1 cup Blanched Broccolini, chopped 1/2 cup Roasted Red Fresno Chilies, chopped 1 Tbsp. Chopped Roasted Garlic 1 Tbsp. Chopped Parsley for garnish Fresh Grated Parmesan Cheese for garnish

Featuring La Grande Orange Pizzeria 4410 N. 40th St. • Phoenix 602.840.7777 or lagrandeorangepizzeria.com

Procedure: 1. Roast garlic whole in extra virgin olive oil covered at 350 degrees for an hour. Remove garlic from the oil and chop. The oil can be used for the tomatoes. 2. Slice tomatoes about 1/4 inch thick and season with garlic oil and salt, pepper, and roast at 225 degrees for 45 minutes. 3. Quickly blanch broccolini in salted boiling water. 4. Seed and thinly slice chilies and toss with extra virgin olive and roast at 350 degrees until soft. 5. Stretch dough ball and place on pizza pan. 6. Distribute cheese evenly over dough and place roasted tomatoes evenly around. 7. Evenly distribute broccolini, chilies and roasted garlic around pizza. 8. Place into preheated oven at 400 degrees and cook 12-18 minutes or until desired doneness. 9. Slice pizza into 12 slices and garnish with chopped parsley and fresh grated parmesan cheese. 10. Enjoy!


Event Calendar January 2010

Drive the Dream Gala WestWorld, Jan. 16th 480.922.8212 or childhelpdrivethedream.org This magical night is dedicated to a truly worthy cause. Proceeds benefit Childhelp, the leading national organization dedicated to helping victims of child abuse and neglect. A part of the BarrettJackson event, the evening unfolds with a cocktail reception, followed by fine dining, a live auction and dancing. Glendale Glitter and Glow Block Party Downtown Glendale, Jan. 16th 623.930.2299 or glendaleaz.com Don’t miss out on this exciting block party, a finale to the annual Glendale Glitters holiday event. Thousands of people will fill the 12 blocks of historical downtown. More than a dozen musical acts and lively street performers will be entertaining the crowd. The ambiance is festive with the soft glow of lit and tethered hot air balloons, and the 1.5 million twinkling lights as the stunning backdrop. Sunday A’Fair Scottsdale Civic Center, Jan. 24th 480.994.2787or scottsdaleperformingarts.org Pack a picnic basket and sit out on the lawn as you enjoy the many performances by top Valley entertainers. Or, delicious food and beverages from Arcadia Farms will be available to purchase. Many activities for children and families will be set up as well as a free guided tour of the sculptures in the Civic Center. What a great way to spend a sunny winter afternoon. National Geographic Live: Hunting Dinosaurs Mesa Arts Center, Jan. 27th 480.644.6501 or mesaartscenter.com Go back in time with Paul Sereno to the prehistoric era of the dinosaurs! This modern-day Indiana Jones leads expeditions to exotic places such as the Sahara and Tibetan Plateau in search of fossils. You’ll be captivated with many great stories of Sereno’s thrilling life and recent dinosaur discoveries. Walk ‘n Roll Dog Walk Tempe Town Lake, Jan. 31st 480.945.0754 or walknrolldogwalk.org Bring your dog out for a little exercise and fun all in support of their canine friends. The day starts out with a 5K walk and wheelchair roll around Tempe Town Lake. Afterwards participate in the silent auction, play a few games and browse the many vendor booths. Proceeds benefit Power Paws Assistance Dogs.

LEAVE HAPPY!

WHERE TO FIND THE VALLEY’S BEST PIZZA Every homeowner has worried about it: What if a busted pipe leaks and floods your home or water in the backyard seeps inside and causes damage? Even one seemingly small incident like an overflowing toilet or a burst water supply line to your washing machine or refrigerator ice maker can cause major headaches for homeowners. You may not realize it, but water leaks are the number-one cause of property damage, according to Safeguard Security & Communications, Inc., a security and communications provider here in Arizona. Water damage is also the most common insurance claim, says Safeguard. More scary stats: 5 million water heaters rupture annually and cause some degree of household damage while 2 million homes experience severe damage, according to Safeguard. How can you protect your home from water damage? Routine maintenance is step number one. According to the Tampa, Florida-based Institute for Business & Home Safety (IBHS), a research and advocacy group that works to reduce the social and SOURCE: INSTITUTE FOR economic effects of natural disasters and other property BUSINESS & HOME SAFETY (IBHS) losses, simple steps can make a big difference. They recommend homeowners inspect plumbing supply lines Water heater failures are and drain systems annually and that you check one of the top five sources refrigerator ice makers, washing machines, toilets, of residential water losses. showers, and water heaters for problems before they The chance a water heater happen. One important tip: Make sure all family will leak or burst begins to dramatically increase when members know how to shut off the main water valve it is just five years old. in an emergency. Three-quarters of all water Water from outside your home can also get in, heaters fail before they are especially with excessive rainfall and poor drainage 12 years old. areas. IBHS recommends clearing drains of debris and making sure the grading around your home directs 73% of losses involving water away from your house. It’s also important to an icemaker were caused make sure mulch and other bedding material does not by the failure of the supply rest up against your house and that irrigation systems line hose — and 10% of incidents involved new don’t spray against your home causing water damage refrigerators and were linked to your foundation. Another tip? IBHS also suggests to improper installation. using high-quality silicone caulk to seal areas where cables or pipes exit walls (think clothes dryers, kitchen Toilet failures are the second or bathroom vents, and outdoor electrical outlets). leading source of residential Even when every precaution has been taken, water losses, costing an accidents happen and water damage can occur. average of $5,584 per incident One solution is to arm your home with a leak alert after the deductible was paid. system, such as Safeguard’s Flood Watch system. Installers place wireless sensors throughout your home in strategic locations (water line connections to your washing machine, water heater, sinks, toilets, and icemaker) to alert you if there is a leak. If the sensors detect a leak, an automatic alert signal is sent to a shut-off valve connected to your home’s main water line. Once the water is shut off, no further damage can occur to your home. Safeguard receives a signal about the possible leak and in turn contacts the homeowner notifying them of a possible problem. For more details on Safeguard’s Flood Watch protection plan, contact them at 1.800.426.6060.

Water Woes Did You Know?

Your Home

Got a hankering for truly delicious, dare we say gourmet, pizza? You’ve come to the right place! Our region – quite surprisingly to some East Coast transplants – boasts some of the finest pizzerias around. You just have to know where to look. Here’s our tour of the top pizza joints in the Valley. First off, no talk of Arizona pizza would be complete without mentioning the hot-hot-hot Pizzeria Bianco. Here are just a few of the accolades bestowed on chef Chris Bianco, owner of this Heritage Square stronghold: Bianco is the only pizza chef to be awarded the prized James Beard Foundation for best chef of the Southwest (2003), his pizza was named the best in the country (yes, the country) by food writer Ed Levine in his book Pizza: A Slice of Heaven (Universe Publishing, 2005), and he’s often been praised in bon appétit magazine. Need we say more? The pizzas are homemade and wood-fired in the oven – try the Sonny Boy (tomato sauce, fresh mozzarella, salami, and Gaeta olives) or the Rosa (red onion, parmigiano reggiano, rosemary, and Arizona pistachios). The woodroasted antipasto also gets raves. This pizza haven is always busy, but crowds don’t usually mind waiting at Bar Bianco, the beer and wine bar located just next door. 3 Tomatoes & A Mozzarella is another popular spot for pie. This Tuscan-inspired restaurant has locations here in Peoria and in Las Vegas, Nevada. Offerings include pizza – try the Potato Pie (thin sliced garlic potatoes, bacon, caramelized onions, sautéed spinach, and a special blend of cheese), paninis, antipasti, pasta, and salads. Beer and wine are also served. While the much-revered Scottsdale location has closed its doors, many 3 Tomatoes loyalists are happy to get their fix at the remaining locations. With numerous awards and accolades, Grimaldi’s Pizzeria also makes the “it” list of pizza places in the Valley. The secret

to this venerated pizza? The coal-fired brick oven that gives the pizza its distinctive flavor and crispy crust. Don’t take our word for it: The Grimaldis have been firing up their pizza oven under the Brooklyn Bridge in New York City since 1905, attracting the likes of Frank Sinatra and Mayors Giuliani and Bloomberg through the years. They eventually brought their pizza West and now have six locations in Arizona. Fans swear this pizza is one of the tastiest around. If you’re looking for great pizza in downtown Phoenix, look no further than Cibo Urban Pizzeria Cafe, where the handcrafted pies are lovingly baked in a wood-fired oven. Winner of the Best of Phoenix in 2005, 2006, and 2007, Cibo is housed in a refurbished downtown Phoenix bungalow and definitely worth the trip for its nice neighborhood café atmosphere. Special care is given to choosing locally-grown and imported ingredients to make each hand-tossed pie fresh and homemade. Try the Capricciosa pizza (prosciutto cotto, mushrooms, artichokes, and black olives) or the Salmone (topped with fresh mozzarella, smoked salmon, and fresh basil). For dessert, indulge in warm crepes filled with Nutella and mascarpone cheese. Yum. Finally, La Grande Orange Pizzeria rounds out our list. This upscale market and restaurant keeps the crowds coming. Trendy and comfy at the same time, LGO (to those in the know) is the place to see and be seen. But don’t get distracted by the lively atmosphere – the pizza truly is the raison d’être. The menu is simple and unfussy but the food is spectacular. Chalk it up to exceptional ingredients and creative combinations. Try the Pacifica (lined with rock shrimp, goat cheese and chorizo and finished with thyme and lemon zest) or the Padre (prosciutto, arugula and Point Reyes blue cheese) for an inspiring piece of pie heaven!

3 Tomatoes & A Mozzarella • 8258 W. Thunderbird Rd. #206 Peoria, AZ 623.878.1116 Cibo Urban Pizzeria Café cibophoenix.com • 603 N. 5th Ave Phoenix, AZ 602.441.2697 Grimaldi’s grimaldispizzeria.com • 4000 N. Scottsdale Rd. Scottsdale, AZ 480.994.1100 • 20715 N. Pima Road #115 Scottsdale, AZ 480.515.5588 • 2168 E. Williams Field Rd. Gilbert, AZ 480.814.7722 • 9788 W. Northern Ave. Peoria, AZ 623.486.4455 La Grande Orange Pizzeria lagrandeorangepizzeria.com • 4410 N. 40th Street Phoenix, AZ 602.840.7777 Pizzeria Bianco pizzeriabianco.com • 623 E. Adams Street Phoenix, AZ 602.258.8300

Rocket Man Pizza

Local Flavor!

Saturday Science Class Arizona Science Center, Jan. 16th 602.716.2000 or azscience.org You and your child are invited to join the Arizona Science Center each Saturday, as they explore various topics to investigate and experiment with. This specific Saturday the subject is robots! Examine and analyze them and work on building your own robot! It’s sure to get young minds excited about science. Advanced registration is required for this event.

Ingredients: 1 10 oz. Pizza Dough Ball (or your favorite frozen crust) 2 cups Pizza Cheese (you can blend mozzarella with white cheddar) 7 Roasted Roma Tomatoes 1 cup Blanched Broccolini, chopped 1/2 cup Roasted Red Fresno Chilies, chopped 1 Tbsp. Chopped Roasted Garlic 1 Tbsp. Chopped Parsley for garnish Fresh Grated Parmesan Cheese for garnish

Featuring La Grande Orange Pizzeria 4410 N. 40th St. • Phoenix 602.840.7777 or lagrandeorangepizzeria.com

Procedure: 1. Roast garlic whole in extra virgin olive oil covered at 350 degrees for an hour. Remove garlic from the oil and chop. The oil can be used for the tomatoes. 2. Slice tomatoes about 1/4 inch thick and season with garlic oil and salt, pepper, and roast at 225 degrees for 45 minutes. 3. Quickly blanch broccolini in salted boiling water. 4. Seed and thinly slice chilies and toss with extra virgin olive and roast at 350 degrees until soft. 5. Stretch dough ball and place on pizza pan. 6. Distribute cheese evenly over dough and place roasted tomatoes evenly around. 7. Evenly distribute broccolini, chilies and roasted garlic around pizza. 8. Place into preheated oven at 400 degrees and cook 12-18 minutes or until desired doneness. 9. Slice pizza into 12 slices and garnish with chopped parsley and fresh grated parmesan cheese. 10. Enjoy!


Arizona Homeowner January / 2010

Inventive Home Lending 1400 E. Southern Avenue, Suite 615 Tempe, Arizona 85282 RETURN SERVICE REQUESTED

The financing of your real estate can be a daunting task. You want the best interest rate and you want the pre-approval, application and close of escrow processes to be hassle-free. I understand. I listen. I respond quickly. • I specialize in custom-designing a specific loan for each individual client. With over 400 loan programs at my fingertips, you will get a mortgage that best fits your unique situation. • I use the latest technology in loan underwriting. You’ll receive a loan decision within hours. Don’t wait days to find out if you qualify for the home you really want! • Closing thousands of loans and working with thousands of borrowers assures you that I have the knowledge and expertise to handle any situation. • My impeccable reputation is my best asset. I always strive to exceed your expectations! CALL ME TODAY!

my oh my!

A Happy New Year to All!

Happy New Year! I hope you have enjoyed your holiday season. With 2010 upon us, we all have the good fortune of a clean slate for the new year. In 2009 we saw mortgage loan originations and real estate sales bounce back very nicely. The coming year will be an interesting one for both the mortgage industry and real estate market. Despite the rosy housing numbers for 2009, 2010 will be hard to project. In the mortgage industry there are major changes taking place. Lenders who have taken massive losses on real estate loans during the recession are gun shy about lending money and continue to do so only with the highest scrutiny. Federal regulators are rolling out all sorts of new lending rules and oversight onto the industry. Both of these trends will likely slow new loan growth in the New Year. The real estate market also faces its own challenges. Last year was a year of solid progress as low home prices, low rates, and first-time homebuyer tax credits combined for a tremendous surge in home buying. Will we see the same growth in 2010? The homebuyer credit will be available again for the first third of the year. And that will definitely help keep home buying at a good pace. But there is also anticipation that mortgage rates will be on the rise as well. In our next newsletter we will focus on a final analysis of housing trends in 2009

Now That’s A Pizza Pie!

along with early predictions for 2010. One important development in lending since the last newsletter is that Congress extended the first-time homebuyer tax credit. Plus, they added in an extra incentive to allow repeat home buyers to also receive a tax credit for buying a new home. Here are the details: The bill extends the present $8,000 tax credit for first-time homebuyers through April 30, 2010 providing that the buyer closes escrow by June 30, 2010.Current homeowners are eligible for a $6,500 tax credit through April 30th, provided they currently own a primary home or have owned a primary home in five of the last eight years. The home they buy must become their primary residence, but buyers don’t have to sell their previous home. They can use the previous home as a rental or a second home and still claim the credit. Under the Extended Home Buyer Tax Credit, single buyers with incomes up to $125,000 and married couples with incomes up to $225,000 are eligible for the tax credit.

HELP FOR HOMEOWNERS

• Mortgage rates are at a 50-year low. Almost everyone can benefit by either buying a new home or refinancing to a low fixed rate. Call now for a free review of your options. • First-time homebuyers are eligible for an up to $8,000 tax credit, and repeat home buyers are eligible for an up to $6,500 tax credit for buying a home by April 30th, and closing by June 30th. • If you have a Fannie Mae, Freddie Mac, FHA or VA loan you may be eligible for refinancing even if your owe more on your loan then your home is worth. (Call us to determine if you are eligible).

Brady Holland President 480.627.2423 bradyh@ihlending.com www.ihlending.com

MORTGAGE RATES AS OF 12/10/09 LOAN RATES FOR $150K-$417K

30 Year Fixed @ 4.750%/5.105%APR 15 Year Fixed @ 4.250%/4.679%APR 5/1 ARM @ 3.625%/4.053% APR

LOAN RATES FOR $418K-$1.5M

5/1 ARM @ 4.375%/4.672% APR 7/1 ARM @ 4.750%/5.099% APR

*Note: Quotes assume primary home financing with 720+ fico score on a single family property with 20%-30% equity. All quotes offered at 1% origination fee. Certain restrictions apply.

MB0905347

Produced by Desert Lifestyle Publishing • 480.460.0996 • www.desertlifestyle.net

destructive water damage

How To Protect Your Home

the secret’s out!

LGO’s Infamous Rocket Man Pizza Recipe!


AZHO Holland Jan. 10