AZ Real Estate 08-20-2017

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WWW.AZCENTRAL.COM

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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

A home is within reach Buying just got easier, even with student-loan debt Millennials overloaded with student loans now have a better

“It’s a big change

chance of buying a home. ¶ The biggest mortgage backers in

that can help a lot

the country have upped the amount of debt borrowers can

of people who

have and still qualify for a home loan. ¶ I cheer the good news for the

didn’t quite

many Millennials held back from a home purchase because of hefty stu-

qualify before.”

dent-loan debt. But then I worry about adding more debt to their load. ¶

CARISA WINKLEPLECK HOMEOWNERS FINANCIAL GROUP

Government-owned Fannie Mae and Freddie Mac raised their debt-toincome ratios for borrowers at the end of July. ¶ The debt limit has been upped from 45 percent to 50 percent.¶ “It’s a big change that can help a lot of people who didn’t quite qualify before,” Carisa Winklepleck of Scottsdale-based Homeowners Financial Group told me. See HOME, Page 2R

NO UPFRONT FEES with every purchase or refinance. Expert Guidance - Hassle Free Approvals Lightning Fast Closings!

Karen Wang and her partner, Logan Stephenson, play with their dogs Sophie (right) and Olivia at Margaret T. Hance Park in Phoenix last year. TOM TINGLE/THE REPUBLIC

You don’t have to pay a lot in fees to get a great rate!

480.607.7906 or visit us at scoutmortgage.com 9304 E Raintree Dr., #110 Scottsdale, AZ 85260 Visit us on Facebook

This advertisement is a solicitation by Scout Mortgage, Inc. for a mortgage loan. The No Loan Cost program is only available for loan amounts $150,000 and higher. Loan Costs paid by Scout Mortgage do not include prepaid interest, initial escrow reserve deposit or interest and fees associated with paying off existing mortgage(s). No Loan Cost program not available for non-owner occupied properties. Not all applicants will be approved. Good Credit and Verifiable Income Required. Other loan programs are available. Rates are subject to change. Call for Details. AZ MB 0903218 / NMLS #56553.

SCOTTSDALE | 16420 North 51st Street | Open Today 1-4PM

INCREDIBLE THIRD-ACRE! Wonderfully situated on one MLS# - 5636420 of the largest lots in the neighborhood, this masterfully-built Bedrooms - 5 home has a warm and welcoming ambiance. A towering twostory entry invites you in to discover soaring vaulted ceilings, Bathrooms - 3 Pool - Yes dual-pane windows and a sprawling split floorplan. Family room has a 20’ ceiling, corner-set fireplace and exit to the back Sq. Ft. - 3,720 patio. Enjoy the light-and-bright living room, formal dining Parking - 3-Car room and lovely loft. Master suite has a beautifully remodeled Lot Size - 14,540 sq. ft. bath. A pebble-finish dive pool sparkles as the crown jewel of ZIP Code - 85254 the back yard, surrounded by a lush lawn, built-in BBQ kitchen and a covered patio. Three-car garage with cabinets. RV gate/ Online Pics - ThoseCallaways.com parking. Bonus new 2012 A/C’s. – Joseph Callaway Price - $675,000

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

see more inside AR-0008693684-01

AR-0008663736-01

PARADISE VALLEY | 5312 North Wilkinson Road | By Appointment Only

SPECTACULAR GATED ESTATE. Awash with a magnificent MLS# - 5552247 Old World ambience, this spectacular estate enjoys a posh Bedrooms -6 setting on two-plus prime Paradise Valley acres. FRONT: Dramatic Camelback Mountain views, towering palms, Bathrooms - 7.5 lush lawns. INSIDE: Impressive living room w/volume view Pool - Yes windows, cascading archways. First-class kitchen. Family room Sq. Ft. - 10,605 w/gorgeous beamed ceiling, wall-width receding doors for ZIP Code - 85253 seamless indoor/outdoor entertaining. Lavish master retreat w/ dual couture closets, dual offices. REAR GROUNDS: Elegant Online Pics - BaldwinTeam.com waterfall pool, spa, lighted basketball/tennis court, sweeping Price - $7,700,000 emerald-green lawns, soaring palms, barbecue island, fire-pit, plethora of patios. ALSO: Two-bedroom guest house. MORE INFO: TourFactory.com/1697856 and see inside.

Brought to you by Sandra Baldwin, Launch Real Estate

see more inside AR-0008693819-01


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