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CATHERINE REAGOR REAL ESTATE
It’s not always about the name with big real estate deals When I looked up the buyer of a $4.6 million Scottsdale mansion earlier this week, I had to laugh. The buyer paid cash for the home through a group called Left Turn LLC. Like with all big real-estate deals in metro Phoenix, I dug deeper into public records to find out who the buyer really was. That led me to the MYOB Family Trust, managed by an estate attorney. If you haven’t been told to Mind Your Own Business, or MYOB, let me translate the popular acronym. I understand some buyers and sellers don’t want their names disclosed, but it’s my job to watchdog real-estate deals. Whether it’s the Arizona Coyotes buying land for a new arena, a large new employer purchasing an office building, an investor picking up dozens of homes at bargain-rate prices or bigname athletes and celebrities acquiring Valley mansions, I track sales daily for the deals. Understandably, not all buyers want their names disclosed, so I have come across some pretty interesting limitedliability corporation and partnership names during these daily real-estate searches. In January, a group called Happily Ever After in Arizona paid $12.75 million for a Paradise Valley mansion. It was the third priciest home sale in Arizona history, so of course I dug deeper into the records. I found it’s a foreign LLC managed by a Cincinnati attorney. Calls to the attorney weren’t returned, and the public-record trail ran dry.
Keep moving cheap by planning ahead and doing extra legwork STEPHEN LAYTON NERDWALLET
M
oving is a real pain — which is why it usually takes some amount of enticement for your friends and family to schlep your worldly pos-
sessions from one place to another. Eventually, though, you might find that the proverbial beer-and-pizza bribe isn’t enough, and you’re stuck moving on your own. Hiring a moving company is much more expensive, but there are still ways to keep your moving costs low. Plan it
The biggest thing you can do to keep costs down? Plan ahead. There’s no way you’ll be able to get everything done at the last minute; unless, of course, you spend extra money. The
Tracking down the deals
more time you have, the more you can do yourself.
When rumors were flying in 2011 that Sarah Palin, former Alaska governor and Republican vice-presidential candidate, had purchased a Scottsdale home to potentially run for political office here, I couldn’t find any sales tied to her name despite several hours of searching. That’s because she bought that home for $1.75 million through a Delaware limited-liability company called Safari. Palin covered the sale well because limited-liability companies and other partnerships that register in the northeastern state don’t have to disclose any of the people behind the group. She ultimately confirmed buying
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