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Brady Holland

Senior Mortgage Banker

85026 PERMIT 1441

Real estate financing can be a daunting task. And that is especially true in today’s world where lenders are more cautious about lending due to economic uncertainty. I understand that choosing a mortgage is one the biggest decisions that you will make. You want the best interest rate and you want the pre-approval, application, and close of escrow process to be hassle-free. I understand. I listen to your needs. And I respond quickly and deliver. Let me put my nearly two decades of residential lending experience to work for you! • The needs of every client are different. I specialize in tailoring a loan and financing strategy that will best fit the individual needs of each client. • Have you ever closed on a mortgage and later had remorse that you may have picked the wrong loan program or paid too much in fees? I offer a benefit analysis on every loan to ensure that the loan program and the associated costs are the best fit and in the best interest of the client. • I use the latest lending technology to deliver a loan credit decision in hours, not days. • Closing thousands of loans over the course of my career assures you that as an industry veteran I have the knowledge and expertise to handle every situation. • My impeccable reputation is my best asset. I always strive to exceed your expectations and earn your business for life!

Call me today!

Arizona Homeowner January | February 2012

Short Sales And Their Impact On Your Credit A short sale in real estate occurs when the outstanding obligations (loans) against a property are greater than what the property can be sold for. Due to declining home values, in many cases a homeowner does not have any equity in the property and they cannot sell the home to cover the balance of the loan. If a homeowner in this situation needs to move they can either try to negotiate a short sale with the lender or go into foreclosure. Why would a lender authorize a short sale knowing they will take a loss? The high cost for the lender in a foreclosure action is that they have to carry the loan until they can resell the house. They have to pay the taxes, insurance, and foreclosure legal fees. This can take time and the cost of carrying the loan can become quite substantial. In some cases it will be more beneficial for them financially to take the short sale. How does it affect credit? Typically the loan will show on a credit report as “settled for less than the full balance.” This will have a negative impact on the borrower’s credit score, however, it will be less of an impact than if it shows as “foreclosure.” How soon after a short sale can I qualify for another home? Lenders on new loans aren’t very forgiving on short sales and often view them with the same negativity as a foreclosure since the last lender took a loss. The most flexible conventional lenders require a wait of three years after a short sale with 10% down, and two years with 20% down. FHA requires you to wait three years on a short sale, but they will allow a shorter time frame if the mortgage was paid on-time through the short sale closing date. If you are considering a short sale, I am happy to answer questions for those considering this path. It is always important to understand the legal and credit repercussions when considering a short sale and I recommend that you also consult with an attorney and an accountant. Call me, let’s talk about it.

MORTGAGE RATES Brady Holland

Senior Mortgage Banker NMLS 180079

Office: 480.278.8993 Cell: 480.272.3282 E-Fax: 480.223.4290 BHolland@VIPMtgInc.com

As of 10/20/11

Loan Rates for $150K-$417K: • 30-Year Fixed: 4.375%/4.484% APR • 15-Year Fixed: 3.625%/3.807% APR • 5/1 ARM: 3.625%/3.727% APR

Loan Rates for $418K-$1.5M: • 30-Year Fixed: 5.000%/5.055% APR • 5/1 ARM: 4.375%/3.535% APR • 7/1 ARM: 5.000%/4.008% APR

*Note: All rate quotes offered at 0% points for primary home purchase or no cash-out refinance financing with 720+ FICO score. Loans under $417K are quoted based on 20% equity while loans over $417K require 20%-30% equity. Other financing options are available upon request. NMLS 145502 AZ BK#0909074

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

the warmth of wood Custom-Crafted Garage Doors

the stetson chopped salad Cowboy Ciao’s Signature Dish


Event Calendar January | February 2012 Arizona Centennial Celebration Peoria Sports Complex, February 3rd – 4th 623.773.8700 | PeoriaSportsComplex.com The Friday evening event will feature an “old time” baseball game with retired Major League Baseball players, kid’s activities and a fireworks display following the baseball game.  Saturday morning, Centennial Plaza and Decade walk – an approved AHAC Legacy Project – will be dedicated by members of the Peoria City Council. Following the dedication are a community breakfast and art gallery exhibits from Cooperstown in the City Hall Art Gallery.

Traveling the Cowboy Trail: 100 Years of Arizona Tales Coconino Center for the Arts, February 12th 928.779.2300 | CulturalPartners.org Cowboy entertainers will play music, tell stories and read cowboy poetry in celebration of Arizona and the centennial. The program literally brings to life old tales and stories in the imaginations of the audience. Through the beauty of live music and sound effects, story-telling is once again alive as a great way to experience the love of literature. Arizona Centennial Train and Sweetheart Dinner Grand Canyon Railway, February 14th 800.The.Train | TheTrain.com Ride behind a steam locomotive to the Grand Canyon within the nostalgic 1923 Harriman coaches to one of the famous seven natural wonders of the world for only $7.50 round trip – the same price charged in 1912! The train ride will be followed by a Centennial Sweetheart Dinner at the Sultana Theatre which was built in 1912. Winter Range Ben Avery Shooting Range, February 20th – 25th 623.582.8313 | azgfd.gov The Old West will once again come alive at an exciting six-day event featuring a shooting competition, displays of period militia, exhibitions of Western skills and crafts, and nearly 100 vendors purveying everything from period clothing to antiques and reproductions. Live performances by singers, cowboy bands, trick roping, trick horses and various other forms of cowboy entertainment. As for grub, your choices are varied – from authentic chuck wagon cooking to hot dogs. Roosevelt’s Ride Apache Junction, February 24th – 26th 602.540.6524 | LostDutchmanDays.org A President Theodore Roosevelt re-enactor will be the Grand Marshall for the annual Lost Dutchman Days Parade, riding in an era-specific vehicle. After the parade he will drive to more locations on the historic Apache Trail where he will speak about the building of the road to carry materials for the construction of the Roosevelt Dam.

When it comes to improving the aesthetics and curb appeal of your home, take into consideration the upgrades that can be made to your garage door. Garage doors are often the focus or spotlight on your home particularly if they front the street. When visitors arrive, your garage doors are perhaps the first thing they see when they pull into your driveway. And for a homeowner, making improvements to your property that you can visually appreciate on a daily basis tends to give you more satisfaction. One of the most popular trends today in garage doors is the conversion from a typical 25-gauge steel door to a custom-designed wooden door. Inspired by the heritage of swinging carriage doors, these styles offer a warm and rich look to your home. Wooden garage doors are not a new concept. In decades past, garage doors were made exclusively of wood and often swung open to the sides or swung open to the top. Over the years, improvements were made to garage doors including doors that were set in panels that rolled up in sections to the ceiling. The typical steel garage doors that most homebuilders install today have the advantage of being lighter weight with minimal maintenance. However, it seems that the beauty and architectural “wow” of wooden garage doors are making a comeback. Today’s wooden garage doors offer the custom-crafted look that sets a home apart along with the innovations and functionality developed in recent years. Wooden garage doors are now built onto a strong steel door. In fact, the steel door is the foundation and the wood is overlaid on top of the steel. Depending on the design you choose, another layer of wood will be applied to give your door depth and dimension. The doors are created to appear as one flat unit that swings open like in days past. But they are actually built with panels that roll up into your garage when opened, just like the modern garage doors we’ve become accustomed to. Because a wooden garage door is much heavier than a 25-gauge steel door, the track and reinforcements required to lift and support the door will need to be modified. Three-inch tracks with three-inch rollers may be necessary as will heavy duty, commercial-grade hardware. The lighter steel doors typically require two springs in the lifting mechanism where as these heavier wooden doors may require four. Because the track and door will be larger than what you may have, you’ll need to confirm that your garage has enough headroom (the distance from the support lumber running across the top of the garage door opening to the ceiling.) It is possible that you will need to replace your automatic garage door opener as well, especially for larger, two-car garage doors. These doors may require a 3/4 horsepower chain-drive operator that is specifically designed to lift doors of this weight. Let’s talk maintenance. These wooden beauties will need regular upkeep to protect them from the elements. Our harsh Arizona sun can cause fading and cracking of the wood, so these doors should be resealed at least once a year. With all that goes into installing and maintaining a wooden garage door, one might ask if it’s worth the trouble. That’s where personal opinion comes in. If you are searching for a way to make your home really stand out, than the benefits and aesthetics may far outweigh these issues. You can custom-create garage doors with choices of styles, hardware, paint and stain colors. This is an excellent opportunity to enhance the architectural design of your home while creating an entrance that makes your homecomings just a little sweeter!

Your Home

On February 14, 1912, after nearly 49 years as a US territory and thousands of years as a sacred home to indigenous peoples, Arizona became the 48th and last of the contiguous states to enter the Union of the United States of America. At the time of its statehood, Arizona epitomized the economic promise of the American West. Rich in natural resources, the state was earning its reputation as the home of the Five C’s – copper, cattle, cotton, citrus, and climate. Its people reflected the rich history and heritage of the Southwest, from the influences of its Native American and Hispanic cultures to the adventurous spirit of its early prospectors, ranchers, and farmers. All embraced Arizona’s rugged and rich environment to create a unique and prosperous lifestyle. Arizona continues to be recognized for its natural beauty, a high quality of life, and its ongoing innovation in all fields, from agriculture to technology. Arizona was founded on rugged individualism matched with hard work and vision. It was this indomitable spirit that shaped and molded our state into the place we now call home. From our school children to centenarians, from urban centers to rural communities – we all have the opportunity to come together and commemorate this indomitable spirit and the 100 years of growth, challenge and success it engendered.

THE CELEBRATION OF STATEHOOD Arizona before, and at the turn of the century, was still a wild place. Violence was a way of life in this corner of the Old West. Shootings were commonplace, and robberies of trains and stagecoaches occurred fairly regularly. On Valentine’s Day 100 years ago, President Taft signed the proclamation making Arizona the 48th state. The signing ceremony was recorded by movie cameras for the first time. Arizonans celebrated their new statehood in various ways. A statehood tree was planted in Prescott’s Courthouse Plaza. The University of Arizona dismissed its students, all 254 of them, from classes. Governor-elect George Hunt walked from the Ford Hotel to the Capitol. William Jennings Bryan spoke for two hours at the statehood ceremonies at the Capitol. A 48-gun salute had to be halted after 38 shots because the booming rattled the windows and panicked the horses. In Bisbee, miners set off dynamite; in Snowflake, residents blew up an anvil. And in Phoenix, people took to the street and some fired their pistols into the air. One couple, Joe Melczer and Hazel Goldberg delayed their wedding, scheduled for early that morning, until they got the word that Arizona had become a state. They thus became the first couple married in the state of Arizona and exchanged rings presented

by then three-year-old Barry Goldwater. Newspapers reported that, in spite of the celebrations, very few people spent the night in jail. Today our centennial celebration comes in the midst of extraordinary times. Not unlike 100 years ago, Arizona faces both enormous challenges and opportunities. Our state and nation are charting a vital course through serious economic times. And, although there may not be abundant funds to plan and celebrate our Centennial, there is abundant pride, energy and resourcefulness amongst our citizens to pay tribute to our Grand Canyon State. The Centennial is not only about events and history; it is most importantly about people. The people we are and the people we want to be. Some of us are multi-generational Arizona natives and some of us may have only arrived a week ago, but together we are Arizona! Sources: Content provided by the State History Guide and the Arizona Centennial 2012 Foundation.

STETSON CHOPPED SALAD Ingredients 2 oz. Israeli couscous, cooked and chilled 2 oz. arugula, chopped 2 oz. Roma tomatoes, diced 1 1/2 oz. smoked salmon, diced 1/2 oz. asiago cheese, crumbled 1/2 oz. pepitas, toasted 1/2 oz. dried black currants 1 oz. air-dried sweet corn

Local Flavor!

Parada del Sol Parade Downtown Scottsdale, February 11th 480.990.3179 | ParadaDelSol.us The Parada del Sol Parade is world-famous for having the longest horse-drawn parade. People young and old love to watch horse-drawn stage coaches, wagons, buggies and carriages make their way down Scottsdale Road ridden by cowboys and cowgirls in Old West attire. Don’t miss this year’s special centennial celebration.

THE ARIZONA EXPERIENCE

Featuring Cowboy Ciao 480.946.3111 | CowboyCiao.com

Combine cheese, pepitas and dried currants in a separate bowl. This Ciao ‘trail mix’ is one of the six components of the salad. In a shallow bowl, arrange the six rows with contrasting colors next to each other. After presenting the salad, drizzle dressing on top and toss. Serve extra dressing on the side if desired.

Pesto Buttermilk Dressing (makes one generous pint) 1/2 cup basil pesto 1 ea. shallot, rough chop 1 cup aioli 1 cup buttermilk 1/2 tsp. coarse black pepper 1/2 lemon, juice only salt & pepper to taste Add first three ingredients to food processor and blend thoroughly. With motor running, pour in buttermilk. Add remaining ingredients to combine. Store in refrigerator up to one week.


Event Calendar January | February 2012 Arizona Centennial Celebration Peoria Sports Complex, February 3rd – 4th 623.773.8700 | PeoriaSportsComplex.com The Friday evening event will feature an “old time” baseball game with retired Major League Baseball players, kid’s activities and a fireworks display following the baseball game.  Saturday morning, Centennial Plaza and Decade walk – an approved AHAC Legacy Project – will be dedicated by members of the Peoria City Council. Following the dedication are a community breakfast and art gallery exhibits from Cooperstown in the City Hall Art Gallery.

Traveling the Cowboy Trail: 100 Years of Arizona Tales Coconino Center for the Arts, February 12th 928.779.2300 | CulturalPartners.org Cowboy entertainers will play music, tell stories and read cowboy poetry in celebration of Arizona and the centennial. The program literally brings to life old tales and stories in the imaginations of the audience. Through the beauty of live music and sound effects, story-telling is once again alive as a great way to experience the love of literature. Arizona Centennial Train and Sweetheart Dinner Grand Canyon Railway, February 14th 800.The.Train | TheTrain.com Ride behind a steam locomotive to the Grand Canyon within the nostalgic 1923 Harriman coaches to one of the famous seven natural wonders of the world for only $7.50 round trip – the same price charged in 1912! The train ride will be followed by a Centennial Sweetheart Dinner at the Sultana Theatre which was built in 1912. Winter Range Ben Avery Shooting Range, February 20th – 25th 623.582.8313 | azgfd.gov The Old West will once again come alive at an exciting six-day event featuring a shooting competition, displays of period militia, exhibitions of Western skills and crafts, and nearly 100 vendors purveying everything from period clothing to antiques and reproductions. Live performances by singers, cowboy bands, trick roping, trick horses and various other forms of cowboy entertainment. As for grub, your choices are varied – from authentic chuck wagon cooking to hot dogs. Roosevelt’s Ride Apache Junction, February 24th – 26th 602.540.6524 | LostDutchmanDays.org A President Theodore Roosevelt re-enactor will be the Grand Marshall for the annual Lost Dutchman Days Parade, riding in an era-specific vehicle. After the parade he will drive to more locations on the historic Apache Trail where he will speak about the building of the road to carry materials for the construction of the Roosevelt Dam.

When it comes to improving the aesthetics and curb appeal of your home, take into consideration the upgrades that can be made to your garage door. Garage doors are often the focus or spotlight on your home particularly if they front the street. When visitors arrive, your garage doors are perhaps the first thing they see when they pull into your driveway. And for a homeowner, making improvements to your property that you can visually appreciate on a daily basis tends to give you more satisfaction. One of the most popular trends today in garage doors is the conversion from a typical 25-gauge steel door to a custom-designed wooden door. Inspired by the heritage of swinging carriage doors, these styles offer a warm and rich look to your home. Wooden garage doors are not a new concept. In decades past, garage doors were made exclusively of wood and often swung open to the sides or swung open to the top. Over the years, improvements were made to garage doors including doors that were set in panels that rolled up in sections to the ceiling. The typical steel garage doors that most homebuilders install today have the advantage of being lighter weight with minimal maintenance. However, it seems that the beauty and architectural “wow” of wooden garage doors are making a comeback. Today’s wooden garage doors offer the custom-crafted look that sets a home apart along with the innovations and functionality developed in recent years. Wooden garage doors are now built onto a strong steel door. In fact, the steel door is the foundation and the wood is overlaid on top of the steel. Depending on the design you choose, another layer of wood will be applied to give your door depth and dimension. The doors are created to appear as one flat unit that swings open like in days past. But they are actually built with panels that roll up into your garage when opened, just like the modern garage doors we’ve become accustomed to. Because a wooden garage door is much heavier than a 25-gauge steel door, the track and reinforcements required to lift and support the door will need to be modified. Three-inch tracks with three-inch rollers may be necessary as will heavy duty, commercial-grade hardware. The lighter steel doors typically require two springs in the lifting mechanism where as these heavier wooden doors may require four. Because the track and door will be larger than what you may have, you’ll need to confirm that your garage has enough headroom (the distance from the support lumber running across the top of the garage door opening to the ceiling.) It is possible that you will need to replace your automatic garage door opener as well, especially for larger, two-car garage doors. These doors may require a 3/4 horsepower chain-drive operator that is specifically designed to lift doors of this weight. Let’s talk maintenance. These wooden beauties will need regular upkeep to protect them from the elements. Our harsh Arizona sun can cause fading and cracking of the wood, so these doors should be resealed at least once a year. With all that goes into installing and maintaining a wooden garage door, one might ask if it’s worth the trouble. That’s where personal opinion comes in. If you are searching for a way to make your home really stand out, than the benefits and aesthetics may far outweigh these issues. You can custom-create garage doors with choices of styles, hardware, paint and stain colors. This is an excellent opportunity to enhance the architectural design of your home while creating an entrance that makes your homecomings just a little sweeter!

Your Home

On February 14, 1912, after nearly 49 years as a US territory and thousands of years as a sacred home to indigenous peoples, Arizona became the 48th and last of the contiguous states to enter the Union of the United States of America. At the time of its statehood, Arizona epitomized the economic promise of the American West. Rich in natural resources, the state was earning its reputation as the home of the Five C’s – copper, cattle, cotton, citrus, and climate. Its people reflected the rich history and heritage of the Southwest, from the influences of its Native American and Hispanic cultures to the adventurous spirit of its early prospectors, ranchers, and farmers. All embraced Arizona’s rugged and rich environment to create a unique and prosperous lifestyle. Arizona continues to be recognized for its natural beauty, a high quality of life, and its ongoing innovation in all fields, from agriculture to technology. Arizona was founded on rugged individualism matched with hard work and vision. It was this indomitable spirit that shaped and molded our state into the place we now call home. From our school children to centenarians, from urban centers to rural communities – we all have the opportunity to come together and commemorate this indomitable spirit and the 100 years of growth, challenge and success it engendered.

THE CELEBRATION OF STATEHOOD Arizona before, and at the turn of the century, was still a wild place. Violence was a way of life in this corner of the Old West. Shootings were commonplace, and robberies of trains and stagecoaches occurred fairly regularly. On Valentine’s Day 100 years ago, President Taft signed the proclamation making Arizona the 48th state. The signing ceremony was recorded by movie cameras for the first time. Arizonans celebrated their new statehood in various ways. A statehood tree was planted in Prescott’s Courthouse Plaza. The University of Arizona dismissed its students, all 254 of them, from classes. Governor-elect George Hunt walked from the Ford Hotel to the Capitol. William Jennings Bryan spoke for two hours at the statehood ceremonies at the Capitol. A 48-gun salute had to be halted after 38 shots because the booming rattled the windows and panicked the horses. In Bisbee, miners set off dynamite; in Snowflake, residents blew up an anvil. And in Phoenix, people took to the street and some fired their pistols into the air. One couple, Joe Melczer and Hazel Goldberg delayed their wedding, scheduled for early that morning, until they got the word that Arizona had become a state. They thus became the first couple married in the state of Arizona and exchanged rings presented

by then three-year-old Barry Goldwater. Newspapers reported that, in spite of the celebrations, very few people spent the night in jail. Today our centennial celebration comes in the midst of extraordinary times. Not unlike 100 years ago, Arizona faces both enormous challenges and opportunities. Our state and nation are charting a vital course through serious economic times. And, although there may not be abundant funds to plan and celebrate our Centennial, there is abundant pride, energy and resourcefulness amongst our citizens to pay tribute to our Grand Canyon State. The Centennial is not only about events and history; it is most importantly about people. The people we are and the people we want to be. Some of us are multi-generational Arizona natives and some of us may have only arrived a week ago, but together we are Arizona! Sources: Content provided by the State History Guide and the Arizona Centennial 2012 Foundation.

STETSON CHOPPED SALAD Ingredients 2 oz. Israeli couscous, cooked and chilled 2 oz. arugula, chopped 2 oz. Roma tomatoes, diced 1 1/2 oz. smoked salmon, diced 1/2 oz. asiago cheese, crumbled 1/2 oz. pepitas, toasted 1/2 oz. dried black currants 1 oz. air-dried sweet corn

Local Flavor!

Parada del Sol Parade Downtown Scottsdale, February 11th 480.990.3179 | ParadaDelSol.us The Parada del Sol Parade is world-famous for having the longest horse-drawn parade. People young and old love to watch horse-drawn stage coaches, wagons, buggies and carriages make their way down Scottsdale Road ridden by cowboys and cowgirls in Old West attire. Don’t miss this year’s special centennial celebration.

THE ARIZONA EXPERIENCE

Featuring Cowboy Ciao 480.946.3111 | CowboyCiao.com

Combine cheese, pepitas and dried currants in a separate bowl. This Ciao ‘trail mix’ is one of the six components of the salad. In a shallow bowl, arrange the six rows with contrasting colors next to each other. After presenting the salad, drizzle dressing on top and toss. Serve extra dressing on the side if desired.

Pesto Buttermilk Dressing (makes one generous pint) 1/2 cup basil pesto 1 ea. shallot, rough chop 1 cup aioli 1 cup buttermilk 1/2 tsp. coarse black pepper 1/2 lemon, juice only salt & pepper to taste Add first three ingredients to food processor and blend thoroughly. With motor running, pour in buttermilk. Add remaining ingredients to combine. Store in refrigerator up to one week.


Luxury Homes, Quality Living... thats My Specialty!

~TEAM ROSENTHAL~

MARNIE ROSENTHAL

Top Producer

TRADITIONS SPONSOR • GRAYHAWK BOYS & GIRLS CLUB SPONSOR • ATHLETE RELOCATION SPECIALIST

With great experience as a Scottsdale Realtor and as a Realtor servicing all areas in Maricopa County, AZ such as Paradise Valley, Phoenix, Carefree, Fountain Hills, and Mesa, I help both buyers and sellers meet their real estate objectives. I have extensive knowledge of each of the communities located in the Valley and will work tirelessly on your behalf to make your next home buying or home selling experience a pleasant and successful one. When selecting a Realtor or real estate agent, strong knowledge of the community, strong negotiation skills, and a commitment to providing excellent service are all crucial elements. For sellers, it is my commitment to help sell your home or property in a timely fashion while helping you attain the highest possible price for your real estate. If you are interested in receiving a free home valuation, I look forward to aiding you with that. For buyers looking for homes or other real estate opportunities, I will work with you to find your ideal home. And, I will negotiate the best possible deal for my clients with each and every real estate transaction. Nothing satisfies me more than seeing the smiles that come with a successful real estate transaction. Thanks again for considering me as your Realtor. Call or email me today!

480.298.2971

Marnie.Rosenthal@SothebysRealty.com Russ Lyon | Sothebys International Realty

If your home is currently listed, this is not a solicitation for that listing.

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


Arizona Homeowner presented by Marnie Rosenthal