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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

Design of 1950s beloved

Cost calculator: calculator

RENTING vs. OWNING Buying bites more from your pocket, but that isn’t the only figure to check EMILY STARBUCK CRONE NERDWALLET

Owning a home is often considered the American dream — and it’s an expensive one. Homeowners in all 50 states and Washington, D.C., pay from 33 percent to 93 percent more for housing each month than do renters living in the same state, according to a new NerdWallet analysis. See COSTS, Page 3R

In Arizona The premium to own a home costs a median of 41 percent more than to rent, which is one of the lower differentials in the country.

JENNA KENDLE/GANNETT AND GETTY IMAGES

Frank Austin moved to the Valley from California a few years ago and found he loved the area’s Midcentury architecture. Last September, the architecture aficionado bought the historic home of Frederick Weaver, who designed some of Phoenix’s iconic mid-20th-century buildings including Arizona State University’s Hayden Library in Tempe. Austin paid about half a million dollars for the 1951 home in Phoenix’s Encanto Vista neighborhood and then spent another $100,000 renovating it. The Midcenturycool house with brick interior walls and wood ceilings is part of this year’s Modern Phoenix week tours. “When I went to the open house, I met Fred Weaver’s daughter there,” Austin told me. “She told me about the house they moved away from in the 1980s. I was hooked.” He worked with a contractor and designed much of the renovation himself, incorporating key designs from the era including chevron patterns and 1950s-era fixtures. Phoenix really began to grow in the 1950s due to the advent of affordable air-conditioning. The Valley’s architecture from the era didn’t really start to draw a lot of fans until more recently. Full disclosure, I own a Midcentury home half a mile from Austin’s house. And when I bought it 13 years ago, the buzz about the era’s architecture was much quieter. The listing See REAGOR, Page 3R

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PHOENIX | 1709 West Burnside Trail | Open Today 1–4PM

AN ABSOLUTE PLEASURE. Nestled in gated Sonoran Foothills, MLS# - 5563102 this masterfully-built cul-de-sac home will take your breath away. Bedrooms - 4 The elegantly-finished interior has soaring ceilings, gleaming Bathrooms - 4 granite, surround sound, dual-pane windows and plantation Pool - No shutters. Host guests in the formal dining room, chic living room and inviting family room with fireplace. The study is perfect for Sq. Ft. - 3,391 the work-at-home professional. Luxurious master. An entertainer’s Garage - 3-Car delight, the expansive yard enjoys a pond, waterfall, professional Lot Size - 9,974 sq. ft. landscape and multiple patios. Block wall and view fencing ZIP Code - 85085 offer privacy without compromising mountain views. Three-car extended tandem garage with epoxy floors. Incredible community Online Pics - ThoseCallaways.com amenities! – Joseph Callaway Price - $575,000

Brought to you by Those Callaways, (480) 596-5751

see more inside AR-0008662323-01

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PHOENIX | 14649 North 14th Drive | Open Today 12-4PM

MLS# - 5532333 VIEW-RICH MOUNTAINTOP GEM. Snuggled at the end of a quiet cul-de-sac, this big bold beauty brims with views, views Bedrooms - 5 and more views including shimmering city lights and urban Bathrooms - 5.5 mountain vistas. Posh living room w/soaring cut-outs, floor-toPool - Yes ceiling fireplace column, wall-width glass doors for easy indoor/ Sq. Ft. - 6,021 outdoor living. Chandelier-lit dining room. Family room w/ massive view windows. Chic kitchen. Swank wet bar. Blissful ZIP Code - 85023 master retreat. Generous upper-level spaces for office or billiards Online Pics - BaldwinTeam.com parlor/game room. Alfresco amenities: elegant pool, spa, towering Price - $1,500,000 palms, lush side-yard, full-length flagstone patio, waterfall. Guardgated community w/tennis courts, biking/walking paths. Visit tourfactory.com/1689606. Inside: details, directions.

Brought to you by Sandra Baldwin, Launch Real Estate

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Valley Home Values DONE DEALS TOP DOLLAR rooms and a secluded private den. The allgranite-countertop kitchen features an island and breakfast bar. Gas barbecue hook-up is available on the patio, which overlooks the lush fairways of the Adobe Golf Course. Two Biltmore Estates LLC sold the home.

Outdoor showers, private saunas and putting greens are among the luxurious features in this week’s priciest home sales in metro Phoenix.

$6,500,000 Leonard Hyde, president of JL Properties, and his wife, Sandra, bought the Scottsdale mansion named the Bridge House. Nestled at the edge of the McDowell Mountains in the gated Lost Canyon neighborhood, the 7,523-squarefoot contemporary-style mansion has floor-toceiling walls of glass that look out onto panoramic views of the surrounding Sonoran Desert. There are three bedrooms, four bathrooms, an exercise/sauna room and private den. The estate also features a stainless steel Bulthaup kitchen, custom millwork, concrete flooring and cast bronze stairs. The backyard features an infinity-edge swimming pool dropping off into the surrounding mountains and locally quarried stone walls. The home was designed by Allen + Philp Architects. Craig R. Eaton, broker and Realtor, sold the home through his family trust.

$3,200,000 William Petty, managing director at Beecken Petty O’Keefe & Co., paid cash through his trust for this Paradise Valley mansion in the Judson community. There are five bedrooms and five bathrooms in the 6,407-square-foot mansion. The Tuscan-style home is fully up-

CHRISTOPHER COMBS REAL ESTATE Q&A

$2,545,000 Douglas Davis, senior vice president of Automated Driving Group at Intel, and his wife, Lori, paid cash through their trust for this 6,995-square-foot mansion in Paradise Valley’s Stanford Hills neighborhood. The Santa Barbara/Tuscan-style home has five bedrooms and 51⁄2 bathrooms. The gourmet kitchen features a 400-bottle wine room and butler’s pantry. The backyard has multiple patios with french doors, a garden, sport court, pool and heated spa. Richard White and his wife, Constance, sold the home. STREETSCOUT.COM

Douglas and Lori Davis paid $2.5 million for this 6,995-square-foot mansion in Paradise Valley's Stanford Hills neighborhood. The residence includes a 400-bottle wine room.

dated with a gourmet chef’s kitchen and wine room. The backyard has sport court-basketball, volleyball, tennis, a built-in trampoline and playhouse for the kids. For adult entertainment, the backyard also has a barbecue, ramada with fireplace, pool and heated spa. John Kim, executive vice chairman of Amkor Technology Inc., and his wife, Jinyoung Lee, sold the house.

$3,097,000 John O. Whiteman, founder of the Arizona Museum for Youth, paid cash through his trust for this Phoenix mansion in the prestigious Biltmore Estates. The home was built recently and has an open floor plan with amenities such as electronic windows. With 4,877 square foot, the home has three bedrooms, 31⁄2 bath-

$2,250,000 James Robert Miller, associate professor at the University of Illinois, paid cash through his trust for this 4,338-square-foot home in Scottsdale’s Desert Mountain, situated on the 15th fairway of the Cochise Course. The Santa Fe-style home has four bedrooms and 41⁄2 bathrooms, with a den/office and separate entrance to a guest casita. The home has five fireplaces, a pool and a heated spa. Marilyn E. Keller sold the house through her trust. Researched by Lorraine Longhi and the Information Market.

Contracts to buy homes hit highest level in a year

Sex offender list

PAUL WISEMAN

Question: You recently wrote that the public registry of convicted sex offenders maintained by the Arizona Department of Public Safety lists names and addresses of Level One, Two and Three convicted sex offenders. I believe Level One offenders are not currently listed. Am I correct? Answer: Yes. Level One sex offenders are not now on the registry. My understanding, however, is that public urination soon will no longer be a Level One offense, and that Level One offenders will then be added to the public list.

WASHINGTON - More people signed contracts to buy homes last month as warm weather and rising confidence appeared to encourage consumers to look for houses. The National Association of Realtors said Wednesday that its pending home sales index climbed 5.5 percent in February to 112.3, its highest point since April and its second-highest point since 2006. Lawrence Yun, the Realtors’ chief economist, suggested that a rising stock market had helped bolster confidence. “Last month being the warmest February in decades also played a role in kick-starting prospective buyers’ house hunt,” Yun said. In addition, rising prices may have

Reach attorney Christopher Combs at azrep@combslawgroup.com.

ASSOCIATED PRESS

Phoenix

“Last month being the warmest February in decades also played a role in kick-starting prospective buyers’ house hunt.” LAWRENCE YUN ATTRIBUTE HERE

nudged some Americans into making offers for homes now out of fear of having to pay more if they wait. The NAR’s index of pending home sales rose 11.4 percent in the Midwest, 4.3 percent in the South, 3.4 percent in the Northeast and 3.1 percent in the West. The housing market is looking strong despite a sharp rise in mortgage rates since the presidential election. The average on a 30-year fixed rate loan was

4.23 percent last week, up from 3.54 percent the week before the Nov. 8 vote. Investors bid up rates in part out of expectation that President Donald Trump’s plans to cut taxes and increase spending on defense and infrastructure would raise economic growth and inflation. The Realtors reported last week that sales of existing homes fell in February after having surged in January to the fastest pace in a decade. Sales were still up solidly from a year earlier. The supply of homes for sale is tight and is helping to drive prices up and affordability down. The number of listings for sale has tumbled 6.4 percent over the past year to 1.75 million homes last month, up only slightly from a record low in January. The supply of homes for sale has fallen on an annual basis the past 21 months.

85085 Phoenix

85023

Pristine and Oh-So Pretty in Sonoran Foothills

Mountaintop Beauty With Magnificent Views

1709 W. Burnside Trail

14649 N. 14th Drive

Open Today 1–4PM. Tucked inside gated Sonoran Foothills, this stunning home enjoys a comfy-cozy setting on an intimate cul-desac that backs to a greenbelt. Masterfully built, this beauty begins with a towering stone-arched entrance that opens into a lovely cocktail courtyard. Cross the threshold and prepare to be impressed by a sleek crisp décor awash in a blissful blend of pristine pastels and soft neutrals accented by soaring ceilings, gorgeous granite and more. Indeed, the formal rooms are flattered by downlit art niches and huge plantation-shuttered windows, while deeper into the super-spacious floor plan, the family room features a floor-toceiling split-stone fireplace column framed by built-ins perfect for showcasing cherished

heirlooms and/or treasured family photographs. Meanwhile, the kitchen sparkles with upscale appointments including raised-panel cabinetry and richly veined granite counters. Secluded and serene, the rear wing is host to the romantic master suite’s light-filled bedroom (with its plush carpet and own patio exit) and pampering bath. Ideal for entertaining, the backyard boasts a waterfall pond, coffee and conversation patio, easy-care desert landscaping and a combination of block wall and view-fencing that offers privacy without compromising the area’s mountain views. Additional details: surround sound; threecar extended tandem garage with epoxy floor; first-class community amenities. (4BD; 4BA; 3,391SF)

Snuggled at the end of a quiet cul-de-sac, this big bold beauty brims with views, views and more views, including a breathtaking panorama of shimmering city lights and urban mountain vistas. A magnificent mountaintop gem, the home’s posh living room is flattered by soaring cut-outs, a floor-to-ceiling fireplace column and wallwidth glass doors that allow for easy-breezy indoor/outdoor living, dining and entertaining. Ideal for hosting your most discerning guests, the dining room is graced with a volume view window, a dramatic drop-down chandelier and handsome wide-planked floors. Sure to be a popular gathering place, the family room shows off with massive windows overlooking the gorgeous views just beyond.

OPEN TODAY 1-4PM AREA HIGHLIGHTS

DIRECTIONS

Nearby Schools: Sonoran Foothills Elementary School; Sonoran Foothills Middle School; Barry Goldwater High. Nearby Hospitals: Abrazo Arrowhead Campus. Nearby Shopping: Arrowhead Towne Center.

Cross Streets Lone Mountain Road and Paloma Parkway. Directions South to Bronco Butte Trail. East to 18th Avenue. North, through gate, to Burnside Trail. East to home on right. Look for Those Callaways Open House signs. Offered at $575,000.

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A gourmet culinary treasure, the chic kitchen sizzles with upscale appointments, while a nearby wet bar adds a splash of super-swank panache to this enticing scene. At the end of the day, retreat to the master suite, a peaceful getaway blessed with a lavish bath and a blissful bedroom with enormous windows. Backdropped by those amazing views, alfresco amenities include an elegant pool and spa, towering palm trees, a lush sideyard, full-length ﬂagstone patio and a gently cascading rock waterfall. Additional details: generous upper-level spaces perfect for office or billiards parlor/game room. Guard-gated community with tennis courts, biking/walking paths. Visit tourfactory.com/1689606. Offered at $1,500,000. (5BD; 5.5BA; 6,021SF)

OPEN TODAY 12-4PM CONTACT Joseph and JoAnn Callaway, Those Callaways 480-596-5751 www.ThoseCallaways.com

MLS# 5563102

AREA HIGHLIGHTS

DIRECTIONS

NEARBY SCHOOLS: Lookout Mountain Elementary; Mountain Sky Middle School; Thunderbird High. NEARBY HOSPITALS: HonorHealth Scottsdale Shea; Mayo Clinic. NEARBY SHOPPING: Kierland Commons; Desert Ridge Marketplace.

CROSS-STREETS: 51 Freeway/7th Ave. and Cactus Road. DIRECTIONS: West on Cactus. Right on Coral Gables Drive till Port Au Prince. Right on Port Au Prince. From guard gate, follow street up hill to end of cul-de-sac.

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CONTACT Sandra Baldwin, Launch Real Estate 602-397-4300 www.BaldwinTeam.com

MLS# 5532333

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AZ Real Estate

PHOTOS COURTESY DWL ARCHITECTS + PLANNERS INC.

In renovating his Midcentury Modern home in the Encanto Vista neighborhood, Frank Austin incorporated key designs from the era including chevron patterns and 1950s-era fixtures.

Reagor Continued from Page 1R

agent for the house didn’t even mention it. But thanks to the Modern Phoenix tour and innovative restaurateurs, rundown 1950s and ’60s buildings and homes across Phoenix have been renovated into to hip places to eat, drink, hang out and live. “In Midcentury Modern architecture, form follows function,” said Sean War-

Costs Continued from Page 1R

But many homeowners reap benefits that you can’t get from renting, such as financial security and stability, tax deductions and a vehicle for retirement savings. With each mortgage payment, you get closer to fully owning the home. The equity you build can be leveraged for loans like cash-out refinances, home equity loans and lines of credit that can be used to improve the home and boost its value or be used in financial emergencies. While renting can’t offer those longterm financial benefits, it’s cheaper to rent on a month-to-month basis, the

field, designer at Phoenix-based DWL Architects, originally called Weaver and Dover because it was founded by the architect of Austin’s home and Richard Dover in 1951. “Weaver designed this (Austin’s) home, post-war, when designs were focused on the American family – marrying functional spaces with high design elements derived from Bauhaus and International styles, creating what we know as Midcentury Modern,” he said. Alison King of Modern Phoenix told me the tour has been expanded since it started 13 years ago and is definitely drawing more people who want to see the

analysis found. If you’re wondering how to save money for a down payment, renting can help you build that nest egg — but in extremely expensive or competitive markets, renting might be better for the long haul. If you’re considering buying, before entering the market, use a mortgage calculator to estimate the costs and compare mortgage rates to find the best deal. To determine the monthly homeownership premium — the additional cost of owning instead of renting, expressed as a percentage — NerdWallet compared 2015 American Community Survey data from the U.S. Census Bureau for the median gross rent and median homeownership cost in each state and Washington, D.C. Median gross rent includes the costs of monthly rent and utilities for all kinds of rental properties, and median

Frank Austin’s home was designed and built by architect Frederick P. Weaver as his personal residence and tribute to Midcentury Modern architecture, a style that passed 60 years ago.

Valley’s great architecture. Besides the home tour on Sunday that includes Austin’s house, there was a Friday-night bus ride checking out Mesa’s neon signs at night. On Saturday, tours included “holy houses” showcasing some of the Valley’s Midcentury churches and architect Al Beadle’s cool “Beadle Box” buildings. King said the number of tickets to Modern Phoenix events are capped so people who buy them can really see the properties and not be crowded out by too big of a group. One of Weaver’s other Phoenix pro-

jects that has become an Arizona architecture icon – the former Valley National Bank building at 44th Street and Camelback Road – was part of Saturday’s Midcentury bank tour. He also designed Phoenix Sky Harbor International Airport’s Terminal 2 building. Many of the tours, including the one of Austin’s Weaver home, sold out early. But Austin shared many before and after photos of his Weaver-designed home, so you can take a tour from your computer or phone. I have already gleaned some ideas for my Midcentury home.

homeownership cost includes monthly mortgage payments, real estate taxes, insurance and utilities. This comparison doesn’t include the down payment required to buy a home, which is traditionally 20 percent of the home price for conventional mortgages, but is lower for FHA or VA loans.

premium to own a home is lowest is Florida, where it costs a median of 33 percent more to own than to rent. The states with the next lowest premiums are Colorado (40 percent) and Arizona (41 percent). » In some states, the cost of owning far eclipses renting. In New Jersey, the state with the highest homeownership premium, the median monthly cost of owning is nearly double that of renting (93 percent). The next most expensive places to own are Rhode Island, where the median homeownership cost is 84 percent higher than renting, and Connecticut, where owners pay a median of 82 percent more than renters each month for housing.

Key takeaways » Owning is more expensive everywhere. Across all 50 states and Washington, D.C., it costs more each month to own a home than to rent. The median cost people pay nationwide to own a home is 54 percent more than the median cost to rent each month. » The smallest difference is still a third more to own. The state where the

Emily Starbuck Crone writes for NerdWallet, a personal finance website. Email emily.crone@nerdwallet.com.

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All information subject to change. Construction by TNHC Mountain Shadows LLC, ROC #B303855. Sales by broker: TNHC Realty and Construction Inc. ADRE Development: The Villas at Mountain Shadows (Mountain Shadows Resort Villas), The Villas at Mountain Shadows II (Mountain Shadows Resort Villas), The Flats at Mountain Shadows (Mountain Shadows Resort Flats) and The Flats at Mountain Shadows II (Mountain Shadows Resort Flats). Rendering is an artist’s conception only. Depiction of pool is proposed only and no warranty is given or implied that the pool will be completed. Models or persons in photos do not reflect ethnic preferences and housing is open to all without regard to race, color, religion, sex, age, handicap or national origin. March 2017.

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Luxury Homes, $750,000 & Up

Business Property for Sale

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

Italian Restaurant for Sale by Owner in Payson, AZ in Safeway Shopping Center. In business for 10+ years, Includes full bar, 120 person capacity. ASU campus is being built 500 yards away. For more information call 602-919-9338

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Mesa Homes Amazing use of space in this NEW 2Br 2Bth home. Ground set w/Carport & A/C Inc. Below Cost & ask about FREE Rent 480-636-8151 FSBO: 2 BD, 2 BA, 5830 E. McKellips Rd. Apache Wells II, 55+, gated. $225,000. You Own Land. $295 HOA. Pool, Hot tub, etc. - 651-247-8573

Phoenix West Homes

12 x 55 Mobile H., 2Br, 1Ba, $1,000 West Phoenix, 55+ mobile home park 801-935-5274

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Commercial Property For Lease

Mesa, Stapley and Southern. Impressive high-end 5,335 SF single tenant office building with class “A” upgrades. Featuring formal reception area with comfortable lobby, custom iron doors, arched doorways, granite desks and counter tops, Travertine flooring, chandeliers, etc. Conference room with flat-screen TVs and mini-fridge. Kitchen area offers sink, cabinets, and full size refrigerator.10 private offices with Covered Parking! www.GalleryPlazaAZ. com 15/SF NNN 602-3808080 623-329-8029

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Office Space For Lease

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Chandler: 2 Office Spaces avail immediately. Mental health providers or sm. business owners Welcome. Contact Carol: 480-694-8979

Arizona Republic Check rates daily at http://azcentral.interest.com Institution

30 yr APR

3004

All Area Homes

30 yr Fixed

Product

Rate

Points

Fees

% Down

APR

Phone / Website

Rate: 4.000

4.001%

3.250 0.000 $0

20% 3.251 MB0905740

Points: 0.000

602-688-2938 10 yr fixed

3.125 0.000 $0

20% 3.126

7/1 ARM refi

3.375 0.000 $995

20% 3.793

www.AchieversMortgage.com

Fees: $0

Achievers Mortgage, LLC

30yr Fixed APR

NMLS # / License #

NMLS# 166778

15 yr fixed

% Down: 20%

LENDERS, TO HAVE YOUR RATES APPEAR IN THIS FEATURE CALL BANKRATE.COM SALES DEPARTMENT @ 800-509-4636

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Legend: The rate and annual percentage rate (APR) are effective as of 3/30/17. © 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

3004

All Area Homes

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Condos from the $250s Homes from the $300s

By owner 93rd& Sweetwater 2 story 4BD, 2½BA, 2CG pool 19X65 2BR 1BA, total remodMove in ready! $399,900. el, Pecan Tree, Mobile EsJoe (623) 551-0679 tates 1214 N. 119th Ave, spc Don (480) 614-8851 #20 Avondale. Incl water, sewage, trash. 623-584-0242

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55+ Park model refurnished, background check a must, pool, hottub, billiards, exc room, $11,500, also avail for rent. Pets ok. 952-250-3232 2BR 1BA Furnished, patio, big grg. Updated/upgraded kitchen & lighting. AZ room Mobile Home, 1975 Buena, 1332 sqft. SCW $121,800. 14x64, 2 BR each w/ own full 303-683-2938 bath, good condition, $11500. Furnished or unfurnished. 602-551-9790 Sun City: 3BD 2BA 2 car grg. Cover bk patio, 2 country clubs, fishing lake $210.000. Park Models for sale $39,999 10753 W Beaubien Dr. Ava or for lease $800/month. mid April. 623-418-2427. Desert Vista RV Resort, Mesa, AZ. Please call for more information 678-895-6573 3201 Photos can be seen on Northern Arizona azcentral.com Mfg Rentals We Pay Top Dollar for Your Mobile Home ! Call Bronco 480-832-0712 AR-0008671204-01

Great investment. Country home 20 miles from Show Low 3BR 2BA, barn, shop, 36 acres, well, septic, power. Horse fences. 928-243-3760

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3246 White Fence Farms II. Cust. blt 3bd, 2ba, no HOA, irrig. 1¼ac,detached w-shop, arena, 20 mi horse/trail. Walk to all shops. 480-899-3202

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Agricultural Property

CareerBuilder. Go Beyond the Job Search.

Farm near Wellton, AZ in Yuma County. 206 total acres. 191.8 water buy acres. Good soil. $30,000 per water buy acre 928-846-1510 435-245-7550 Place your ad in Republic Classified. The one that works. High reach. Low rates. Call for details. 602-444-4444.

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Arizonarealestate fromArizona’s real estateexperts.

TWO ARIZONA AUCTIONS SELLING WITHOUT RESERVE CatherineReagor,azcentral.comrealestatecolumnist.

Because for information you can trust, you turn to the Valley’s most trusted source. AUCTION APRIL 25TH Previously $3.5M | 212.658.0940 35237 North Ridgeway Drive, Carefree, AZ Listed by Frank Aazami of Russ Lyon Sotheby’s Int’l Realty

NobodyknowsthelocalhousingmarketlikeStreetScout.com.Hometounique insights and must-have info from Arizona Republic and azcentral.com insiderslikeCatherineReagor,thisrealestatewebsitedoesmorethanhelpyou findaplacetolive.Itguidesyouinmakingoneoflife’s mostimportantdecisions. CEKO][XWaRRVYaWOK[]OTaIVaWJ[\X C`VJPOXW[WKODaIIOGFX QN\OJLK_[YK[[PX CS\XJLKWXMY[]I[RaIYOaIOXWaWOOHZOYWX C^[]OXM[YXaIO CDJPO[XU]aZXa\P][YO

AUCTION APRIL 27TH Previously $4.75M | 212.641.0995 10343 East Pinnacle Peak Road, Scottsdale, AZ Listed by Walt Danley & Julie Rohr of Walt Danley Realty

CONCIERGEAUCTIONS.COM TAP. BID. WIN. DOWNLOAD OUR MOBILE APP. These properties are listed for sale by Walt Danley (#SA016756000) and Julie Rohr (#SA642841000) of Walt Danley Christie’s International Real Estate (#LC640731000) – 6720 N Scottsdale Rd #140, Paradise Valley, AZ 85253 – 480-991-2050; and Frank Aazami (SA581280000) of Russ Lyon Sotheby’s Realty Company (LC646682009), 7135 E. Camelback Road, Ste 360, Scottsdale, AZ 85251 - (480) 287-5200. Concierge Auctions, LLC is the provider of auction marketing services, is not a licensed brokerage, and is not directly involved in selling real property – 777 S Flagler Drive, 800W, West Palm Beach, FL 33401 – (212) 2022940. The services referred to herein are not available to residents of any state where prohibited by applicable state law. Concierge Auctions, LLC, its agents and affiliates, broker partners, auctioneer, and sellers do not warrant or guaranty the accuracy or completeness of any information and shall have no liability for errors or omissions or inaccuracies under any circumstances in this or any other property listings or advertising, promotional or publicity statements and materials. This is not meant as a solicitation for listings. Brokers are protected and encouraged to participate. Equal Housing Opportunity. See Auction Terms and Conditions for full details.

Getrealmarketinfofromlocalexperts. VisitStreetScout.comtoday!

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AR-0008632003-01

3524

3500-3999

Rentals 3500

Ahwatukee Apartments

1BR 1BA Condo. 19th & Thomas. Furnished. Park avl. Small gated patio. Fresh paint, tile floor. Acc. pub. trans $725 623-670-1954 4BR twnhse 35th Av/ Northern. 2.5BA Swim pool, close to Metro Cntr Mall & Schl Dist. Prime loc. 2 carport. Sec 8 allw$1200.623-6701954 Best Location, Best Prices! 1BD $1000, 2BD $1145, 3BD $1275. W/D, I-net, Fitness, Pets OK. San Paulo 480-467-2934

Gilbert 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

Glendale Apartments

3541

Phoenix Apartments

3543

3554

CREDIT FRIENDLY! Furnished. FREE UTILS & NO LEASE from $529/mo. Northern Chateau 602-973-1362

1 & 2Brs starting at $649* $249 M-In! oac (subject to change) FREE Water, Sewer, Trash. Villa Del Sol 623-385-0017

Unique 2 & 3 story TH’s. Great Scottsdale Location! 1, 2 & 3 Br’s! Inspiration at Frank Lloyd Wright 480-385-3406

Phoenix-North Central Apartments

Phoenix-West Apartments

3560

Scottsdale Apartments

Your Own Private Resort! Gorgeous 1, 2 & 3 Bd Condos from $875. Amenities Galore. Solana 480-385-3089.

W/D in 2-BRS. Monthly Rentals. 1, 2 & 3Br. $0 Security Dep (active military). Free WIFI area. 623-385-0008

1 Bedrooms from $550, 2 Bedrooms from $650. *OAC Las Ventanas Apartments Call 602-246-9166

3527

3528

ALL UTILITIES INCLUDED! GREAT MOVE-IN SPECIALS Rates as low as $639/mo. Pets are welcome - BelCourt 4 pools/spas + 1 wading pool! 1 bdrm $751, 2 bdrm (602) 648-9859 $855. Vaseo 602-748-1727

1Br fr $649*, 2Br fr $709*. $249 M-In! oac (subject to change) 59Ave/McDowell (623) 209-7423

3566

RENTS STARTING AT $629!* Gated, Pet Friendly. North Mountain Village 602-648-9877

CREDIT FRIENDLY! Furnished. FREE UTILITIES & NO LEASE from $509/mo. Chateau Gardens (623) 937-0128

Call For Specials! 1, 2 & 3 Br’s from the $834. Villas at Mountain Vista Ranch 623-385-0027

FURNISHED PHOENIX APTS Studio/2 bdrm great rates FREE utilities, Move in today Call now 623-688-3928

3568

MOVE-IN AS LOW AS $399!* 1 & 2 Bedrooms from $559 Water, Sewer, & Trash Incl. San Marina 623-792-9117

FURNISHED PHX STUDIO APTS FREE Utilities, Move In READY FLEX PAYMENTS-NO LEASE REQ CALL NOW! 602-833-7334

Palm Crest @ Station 40 1, 2 & 3 BD’s from $667 Extreme Property Makeover 623-385-0109

3569

Glendale Apartments

Goodyear Apartments

$199 MOVE-IN! 1 BD from $649! 2 BDS from $749. W/D hkup. Some utilities incl. Monte Vista 623-385-0134

DAILY SPECIALS! 1, 2 & 3 Bds from $760. Casitas w/attached garages avail. Desert Sage 623-385-0132

2 & 3 Bds TH’s from $649 W/D in Unit! Sec 8 OK. Oregon Oasis, 59th Ave & Camelback. 623-385-0141

Ç Reduced Rates! É 1, 2 & 3 Br’s from $810 Aldea at Estrella Falls 623-385-0114

$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 NOW WAIVING All App & Admin from $499. Cambridge Fees* Rent from $650! Short Square 623-385-0009 term avail. Great Location! Central on Broadway 480-385-3411 $399 1st Months Rent!* 1 bd at $629, 2 bd at $729. W/D, extra storage. 3509 Sunset Landing 623.792.9126

Avondale Apartments

3527

Call for Great Specials! Gourmet & granite kitchens. Metro at Zanjero 623-385-0090 CALL FOR SPECIALS! 1, 2 & 3 Br’s from $825 Newly Remodeled! Indigo Creek 602-748-1714 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

GREAT LOCATION! 1, 2 & 3 Bds from $799. W/D, large floor plans. Cantamar 602-748-1685 LOVE WHERE YOU LIVE! UTILITIES Included! Rents Start at $600 Ridgeway Village 623-385-0137

Across From Intel 1Br’s - $800, 2Br’s - $1,000 Cornerstone Ranch 480-467-2940

RENT TODAY! Gourmet kitchens, custom features at $855. Courtney Vista at Zanjero 623-385-0005

Call for Great Specials! 1 BDR $890, 2 BDR $1,080, 3BDR $1,305. Pillar at Taviano - 480-422-5186

Walk to Westgate! Lots of custom amenities! 1 & 2 bedrooms from $885 Pillar at Westgate 623-385-0119

3533

Studios $569, 1 bdrm $719, 2 bdrm $889! Instant Approval! Some utilities included. Daybreak Place 602-648-9865

Mesa Apartments

1 & 2 Br’s from $735. WASH/DRYER IN EVERY UNIT! Fitness, Pool Sage Condos (480) 682-1495

HOT MOVE-IN SPECIALS! 1 & 2 Bedrooms from $900 New/Renovated Interiors Verde Dimora 480-385-3404

Southern/Stapley. Studio, 1 & 2Brs from $595-800. Gated, lndry, pool, cvd prkg, walk to shops/dining. Southern (W. of Stapley) 480-516-0024

Phoenix-Central Apartments

1st Mo ½ Price!!

CREDIT FRIENDLY! FREE UTILITIES! NO LEASE. FURNISHED! FROM $529/MO 37Av/Northern 602-648-9935

$0 Deposit. Nice! Vista Del Prado (602) 242-0237

$0 Deposit. Pets Welcome Canyon Point (602) 266-7221 $250 DEPOSIT oac! 1Bds from $620, 2Bds from $719. Gated, pool & sport courts. Villa de Cortez 623-385-0151

Water, Sewer & Trash Incl! 1 bdrm $825, 2 bdrm $930 3 pools, tennis & spa! Pets OK! Villa Fiesta 480-327-4825

FREE UTILITIES!!

Great Move-In Specials! 1Bd $1000, 2Bd $1100, 3Bd $1395. Townhomes Avail. Pillar Bella Vista - 623-385-0096

Phoenix-North Apartments

1st Mo ½ Price!

ALL UTILITIES INCLUDED! Stu. 1, 2, 3 bdrms from $613 Banyantree Apartments Call Now! 602-648-9885

Peoria Apartments

Phoenix-East Apartments

Close to 101 & I-17! One and Two Bedrooms From $595/month. Avalon Hills 602-682-9674

UPGRADED 1BD’s! CALL FOR AVAILABILITY. SOME UTILITIES INCLUDED! 2 BR’s from $800 Dartmoor Apts 480-516-0431

3539

3545

W/D IN EVERY APT! All Remodeled. Free Water, Sew, Trash. 1 & 2Br fr $675. 1 & 2 Bds at GREAT Rates. Belleview TH’s 602-682-9657 Upgraded appl, counters, cabinets & window coverings. WEEK TO WEEK Bella Sera 602-748-1679 FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com 3548

3542

1 Bedrooms from $799 2 Bedrooms from $917 PETS WELCOME! Vista Valley CALL NOW! 480.461.1091

LOVE WHERE YOU LIVE! Rents Start at $696! UTILITIES INCLUDED! SienaVillage 602-648-9879

2b $775 1b $675. Nice, Gated, balcony 602-246-4330 Studio, Loft, 1 Br, 2 Br & 3Br from $500! Quiet, pool, patio, fitness room. Call 602-249-6244 WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com Shop Online! Cars, trucks, SUV’s, Vans azcentral.com featuring Cars.com. Click on “Autos” Fast, Local, Simple.

FREE UTILITIES! SHORT TERM & CORP SUITES AVAIL STU & 1BS FROM $599/MO! Sierra Grande 602-648-9884

WEEK TO WEEK FURNISHED APARTMENTS 3 Locations - 602-385-1204 www.4RentWeekly.com

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

Surprise Apartments

Tolleson Apartments

Tempe Apartments

$349 M-I by ASU

1st Mo+ Sec Dep*. 1-2Brs fr $675. Hidden Glen 480-516-0438

Campus Court Apartments Walk to ASU, 1 Br $650, 2Br $750 and Casitas $750. Some Util. Incl. 480-516-0433 Coronado Apartments Call for current specials! 1 & 2 Bd’s from $797 480-327-4835

3653

3754

1275sf condo, 2BR 2BA, appliances included, 180 degrees stunning north view from patio, great location. $1400/mo. 219-688-1546

2BR near mtns, 7th Ave/ Peoria. Pristine/upgraded. Tile flrs thru-out, upgraded AC & fixtures. Fenced block wall. $650. 602-359-7553

Fountain Hills Condo/ Townhome Rentals

3676

Phoenix-North Central Condo/ Townhome Rentals

2br/1½ba Condo Pointe-Tapatio newer appl tile & carpet, frpl, lrg yrd, cov’d prkng, basic TV/cable $1100/mo. 602-577-0413

Phoenix-West Residential Rentals

3790

Furnished

∂ 3Bd 2Ba 2 Story T/H, Frig, W/D, New Carpet, Balcony, Co. Pool. Only $995 APT HUNTERS 602.863.7676

4BR 1.5BA Newly remodeled inside & out. 8101 W. Trafalgar Ave. 623-692-6963

Phoenix-North Condo/ Townhome Rentals

RENT TO OWN

3697

Sun City/ Sun City West Condo/ Townhome Rentals

Condo in Sun City West 2BR 2BA, new carpet, $800/month. $800/deposit 602-750-9170

3766

3865

Room Without Board

Scottsdale Residential Rentals

Chan/Gil: 1 Beautiful Room rental, furn, lrg, bath, walk in closet, cable, net, utilities paid, $700/mo. Ref req’d, 1 DELUXE FURN’D PATIO 480-456-6558 leave msg. HOME 3br/2ba/2cg Cactus& Hayden/Scotts CountryClub Lake & Golf Course Front- 3868 age, Gated, Pool. Avail 5/1. Resort and 303-810-1651 / 480-948-5992

Vacation Rentals

Tolleson Condo/ Townhome Rentals

3BR 2BA 2CG 1800sf beautiful hse near 202 frwy all appls incl W/D, mins from dwntwn Scts. $1200/ mo. Avail Now 480-705-7707

INCREDIBLE PRICES!! Tempe Luxury! Great Location! Starting at $985 San Portella 480-385-3075

NEWLY RENOVATED UNITS! $99 MOVE-IN!(oac) Studio, 1 & 2 Bedrooms from $425 Paloma Village 602-385-1228

*oac. 2-3 Br’s $941-$1316/mo. Quiet, green comm. Near Schls, shopping & Bus Lines. The Vintage (480) 748-2944

3551

TEMPE PARK PLACE! 1 & 2 Live Well at the Equestrian.. BD’s from $929. UTILITIES INCLUDED! MINUTES TO Awesome Location! ASU! (480) 516-0104 1 & 2 Br’s from $776. Equestrian 480-327-4855

3751

Luxury living! 1Bds From $900, 2 Bds from $1100, 3Bds from $1350. Franks On Shea 480-682-1492

1 Updated 3Bd 2Ba Home W/ POOL & Gar, 56 St & Greenway Area. $1,650 602-265-6490

Newly Renovated Great Spaces A BOLD NEW CHANGE AWAITS! 1, 2 & 3 Br’s from $865. Sterling Point 602-903-2895

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

3681

3702

Apartments

Phoenix-South Apartments

55+ Community

Great savings for spectacular 1BR accommodations, views, location, recreation & privacy, neg. CaveCreek &CarefreeHwy 928-278-3600

3760

55+ Living

71 Ave Encanto. Nice 2 BD Rentals Living Room, Di/Room, New Tile, Fresh Paint, A/C. Near School, I-10. Covered Patio, FREE UTILITIES! NO LEASE. $875 . 623-872-0463 FURNISHED! Studios & 1Brs from $569. Stapley & Brdwy. La Petite (480) 327-4840

FREE CABLE! 1-2-3Br from $700. FREE Water, Sewer, FREE RENT ! Ask me how! Trash. Rural/Baseline 96th/Shea. BEAUTIFUL! College Park (480) 516-0981 Call for Avails and Details. Spacious 1, 2 & 3 bds Gated, 1Br $965, 2Br $1065. 623-385-0405 Mountainside Community FREE water, sewer, trash. Siegel Suites Tolleson FREE UTITILITIES. ON LIGHT Green Leaf Promontory Pointe Anacosta (480) 327-4828 RAIL. 1 Br’s from $755* (602) 748-1719 ARBOUR PARK, 1901 East 3739 BEST LOCATION IN SCOTTS- Apache Blvd. 480-682-1990 DALE! Call for specials. Mesa 3549 1, 2 & 3 Bd’s from $1270! Residential Rentals Phoenix-Northwest Crown Court 480.682.1988

Great M/I Spec*

3787

Phoenix-North Residential Rentals

Call 602-444-4444

PRESCOTT COOL PINES - 2 mi. to square. Designer’s 3BR, 3BA, furnished, Pool & Tennis, Avail. June-October! $2,400/mo. 928-273-1702

2br 1ba, Desde ASU y Old Twn Scotts. Casa espaciosa c 2 cuartos para rentar. Perros OK. Cable wifi util incl. Patio mediano. Todos electrodomesticos principales Hablo algo de Español. Roberto $500 mes/ cuarto. 480-390-8429

3787

3872

Mesa furn. 1BR 1 person pvt. entrance, Share kitch & bath, cable, internt, nr bus W/D avail. Utils incl $500 mo Gilbert/Adobe 480-710-0303

55+ Living

1Br’s - $2,525, 2Br’s - $3,349 Renaissance Luxury Living in Sun Lakes Call 480-682-1499

Phoenix-East Residential Rentals

Reach over one million readers statewide by placing an ad to reach this huge audience. Call Republic Classified locally at (602) 444-4444; dial 1-800-352-5095 for non-local areas in Arizona.

Make your next yard sale a success! 4 Lines. 2 Days. $23

Rental Share

Call 602-444-4444 The one that works

RENTER’S Legal Q & A Question: About three weeks ago, a week 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!

Editor’s note:

before rent was due on the ﬁrst of the month, my son was arrested on the property for a drug related offense. I paid rent on the ﬁrst and now a week after I paid rent, management indicates they found out that my son was arrested for drug activity and gave me an immediate termination notice to move. I was told that the Arizona statutes indicate that if management takes money after the breech occurs that management waives its rights to evict for breach. Answer: That is close to the law, but not exactly what the law states. A.R.S. 33-1371 states that acceptance of rent, or any portion thereof, with knowledge of a default by a tenant, or acceptance of performance by the tenant that varied from the terms of the rental agreement are rules and regulations subsequently adopted by the landlord constitutes a waiver of the right to terminate the rental agreement for that breach. Therefore, if the manager knew about the breach, and then accepted the money, you would be correct. However, if the manager found out about the drug related activity and the arrest at the property only after you paid rent, even though the event happened before you paid the rent; the manager would still have a right to evict.

Readers who have non-emergency, general landlord-tenant, 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

AR-0008632090-01

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All of the autom %A) <#'A+( ation “lives on a network,” controls are —Ben L. Camp Hayse said. wireless but bell, Regio The the foundation automation nal Marke Manager, of an extensive ting system is often Meritage home hard-wiring Homes devices requir to accommoda ing much greate te r bandwidth than in the “The kind of *0A )A?A past. wiring */ ='2?; A$=;2;:$ ;# <#'A called CAT 6 — is the we install today — 3A2?% ;<2; difference betwe 9%"A?=;2% garden hose 8A!913:$ en a of bandw "= .A":2 )2= idth that we recently as installed )<2; ;:'A $?A2;:%> 2 :; := data that’s three years ago and a fire hose as 9=A?,@?:A% become the of "3& )A1=:;A +++ ;# 233#) @#? Ketchen, DSHE’s represstandard,” said Doug "A":$2;A" ;# !A#!3A entati #!;:'23 A%A? :% ;<A '2?6A; @#? >& Homes, a local high-end homeve to Rosewood builder. 2 %A) <#' =27:%>=+( —Nicole Stanto A+( Basics beco n, Senior —Kevin Rosin Marketing ming stand Phoenix Divisio Manager, ski, ard At n, Mattamy its new-h Toll Broth ome developme Homes ers nt at Victory at Verrado in Buckeye, Maracay Hom includes an *-A)5#'A es automation $A%;?23+$#' package with sale of a house every =<#93" !?# two years of . It includes monitoring a security system 7:"A 2 >?A and control door and therm , 2; #7A?7:A) #@ of the front ostat from a door, garag ;<A %A),<#' smartphone e John Rich, app, according DSHE’s repre A '2?6A; =# sentative to to the option ;<2; 19&A?= Maracay. “Buye to upgrade rs have their system ):33 1A 213A Rich said. to include more ;# <27A '#? features,” A Indeed, you :%@#?'2;:#% likely could ?:><; 2; add to this upgraded progr basic system an ammable therm ;<A:? @:%>A?;: light switch ostat and contr !=+( es in the house ol of 10 to 12 —Dennis Webb, Vice , said Denn DSHE in 1995 President is Sage, who of Operations, as a home entert established Fulton Home providing servic ainment comp s any but began es such as securi behest of home ty and struct ured wiring builders. DSH at the E now provi services for des home autom Lennar, Marac ay, Rosewood ation Homes, amon and Standard g others. The Pacific company also automation installs home systems in existi ng homes. Mortgage inclusion Any items instal led during const home mortg ruction can age, Rosinski be included in the said.

Get smart !

(GET SMART

continued on page

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AZRentals TOM SIMPLOT RENT SMART

Simple steps ease return of deposit when you move out With the end of the school year fast approaching, spring is often a busy time in apartment communities with move-ins and move-outs. Depending on your lease, you likely will need to notify your community manager if you are planning to move out. Most leases require a 30 or 60-day Notice of Termination in writing. It’s easy to find sample letters of notice of termination online and they can

be customized for your situation. The letter should include your move-out date (choose an exact date) and your new address and contact information. You should include where the managers can send your security deposit. If you don’t know where you are moving, you can update the management company in writing to let them know where to send your deposit. This should not be done in a voice mail; you want a record of notification. Submit your notice in person and re-

view the move-out process with the apartment manager. These actions will help to protect you in case of a dispute and will help you manage the timing of your move. This is a good time to review how you should handle action items like utilities and cleaning. Packing up and leaving at the end of a lease, without notification, will create serious, unintended problems. Failure to notify your community manager or owner can result in a broken lease, especially if you have unpaid expenses related to

the lease. A broken lease will likely affect your credit, as most management companies will report this to the credit bureaus, which can make it harder to secure another lease. Property debt like this should be paid off before you attempt to sign another lease. Taking a few simple steps will protect you and help facilitate the refund of your money. Tom Simplot is president and CEO of the Arizona Multihousing Association.

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