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A house divided Financial pro can help with home after divorce MARY BALLIN SPECIAL FOR NERDWALLET
The family house is where you create and store memories. Family gathers for the holidays, babies come home from the hospital, children and pets rampage through the backyard and much more. It is the place that we retreat to when we are tired or sick. It is home. But when a couple decides to divorce, they must figure out what to do with the house. You must weigh the pros and cons before making a decision that could be financially harmful to you down the road. Depending on what you decide to do with the house, here are key financial issues you must consider. See HOUSE, Page 3R
THINKSTOCK AND ALEX GREGORY/GANNETT
CATHERINE REAGOR REAL ESTATE
Home sales above $3 million soar in Valley Election jitters may have kept some metro Phoenix homebuyers on the sidelines. But the biggest spenders weren’t deterred. Multimillion-dollar mansions were a hot commodity in the Valley during September with seven selling for prices above $3 million, according to Walt Danley Realty's latest luxury home market
report. And many of the buyers paid cash. In September 2015, only one house with that hefty price sold in Phoenix. Also, we already know October will be another good month for home sales above $3 million. Several buyers, including Phoenix Suns guard Eric Bledsoe shelled out that and more for Valley estates. Billion-
aire oilman and Portland hockey team owner William Gallacher paid $11.11 million for a mansion in north Scottsdale. The big-dollar buying spree comes after a bit of slowdown in the area’s high-end housing market. In September 2015, many potential buyers of luxury homes stepped back because of the ups and down in the stock
Purchase or Refinance Loan amounts between
Refinance 150,000 to Now! $417,000 $
• No Points • No Fees • No Closing Costs
market. But most real estate agents will tell you that, overall, the biggest reason upscale home sales have slowed is because there have been too many mansions for sale in the Valley. See REAGOR, Page 3R
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. Loan amounts $150,000 to $417,000. 15 or 30 Year Fixed. Closing Costs paid at closing include title, recording, processing, underwriting, and escrow fees. Prepaid taxes/insurance not included. Good credit required. Owner Occupied homes only. Verifiable income required. Impounds may be required. Consolidating debt may increase rate. Your rate and term may vary. Not all applicants will be approved. Call for details. MB0903218/NMLS# 56553
AR-0008620806-01
PHOENIX | 13813 North 16th Way | Open Today 1–4PM
PARADISE VALLEY | 8601 North Sendero Tres M Road | Open Today 12–4PM
FOREVER VIEWS. In an intimate gated community, this stunning MLS# - 5499556 home is situated on a hillside lot with incredible panoramic views. Bedrooms - 3 A spacious courtyard invites you in to marvel at custom fixtures Bathrooms - 4 and finishes throughout. The chef ’s island kitchen wows with Pool - Yes high-end appointments and a stainless appliances. Eat-in kitchen, breakfast room and dining room. Both the living and family rooms Sq. Ft. - 3,534 open to backyard patios. Two fireplaces. Relax away the day in Garage - 3-Car the sitting room master suite with exits to alfresco amenities, a Lot Size - 13,183 sq. ft. walk-in closet, his-and-hers sinks and a large tile-surround shower. ZIP Code - 85022 Executive’s office. Entertain in the backyard with a heated pool/ spa, multiple patios, easy-care desert landscape and a built-in bbq. Online Pics - ThoseCallaways.com - Joseph Callaway Price - $750,000
Brought to you by Those Callaways, (480) 596-5751
see more inside AR-0008601226-01
EXTRAORDINARY OPPORTUNITY TO PURCHASE THIS MLS# - 5466261 MAGNIFICENT MOVE-IN-READY ESTATE. Snuggled Bedrooms - 5 deep inside the exclusive gated community of Merrill Cantatierra, this very private, view-rich estate is nestled alongside the lovely Bathrooms - 4.5 Pool - Yes fairways of Camelback Golf Club. Ideal for high-end entertaining with fabulous finishes and appointments. Sunlit living room with Sq. Ft. - 7,942 huge wall-width windows. Massive semi-circular family room ZIP Code - 85253 with tongue-and-groove ceiling, tony wet bar, soaring split-stone fireplace column, wall of floor-to-ceiling sheer glass doors. Grand Online Pics - BaldwinTeam.com Price - $2,795,000 staircases. Posh master retreat. Beautiful pool, spa, gently cascading fountain, alfresco barbecue. Stunning mountain and golf course views. Attached guest quarters. Inside: details, directions.
Brought to you by Sandra Baldwin and Beth Thompson, Launch Real Estate see more inside