AZ Real Estate 12-18-2016

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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 )

Reworking a mortgage can be arduous, but monthly payoff can be well worth the effort

REFI TO THE

RESCUE CATHERINE REAGOR THE REPUBLIC | AZCENTRAL.COM

My monthly mortgage payment just dropped by more than $300. ¶ That’s because my husband and I are among the almost 2.5 millionhomeowners to tap lower interest rates and refinance this year. ¶ Those lower rates, thanks to Brexit, and rising home values made it possible. ¶ Just three years ago, my husband, Sean, and I were still underwater — as were about 30 percent of other Valley homeowners. ¶ Now, only about 101⁄2 percent of all Phoenix-area homeowners owe more on their mortgage than their house is worth. That good news comes from national data research firm CoreLogic. ¶ And that number is also why refinancings jumped 51 percentin metro Phoenix this year, according to another good national research firm, Attom Data Solutions. See REFI, Page 3R

AVIVA LOEB/GANNETT AND GETTY IMAGES

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SPECTACULAR SIERRA BONITA. Nestled on a cul-de-sac lot MLS# - 5531785 with a gated courtyard and resort yard. A meandering flagstone Bedrooms - 5 pathway invites you in. A sunny atrium opens to the living and Bathrooms - 3 dining rooms. Updated granite eat-in kitchen. Warm up by the Pool - Yes cozy Kiva fireplace in the family room. Double doors reveal a sitting room master with private exit and atrium view. Dual-pane Sq. Ft. - 3,034 windows, pretty plantation shutters and solid wood doors. Fifth Garage - 3-Car Garage bedroom has built-ins and updated bath. Backyard oasis features Lot Size - 12,629 sq. ft. a pebble-finish pool, rock waterfall, BBQ, fireplace with seating, ZIP Code - 85028 covered patio and gazebo with Jacuzzi. Professional easy-care desert landscape. Three car split garage has one temperature- Online Pics - ThoseCallaways.com controlled bay. – Joseph Callaway Price - $549,900

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see more inside AR-0008601238-01

WATERFRONT GEM ON 42-ACRE CENTRAL SCOTTSDALE MLS# - 5535734 LAKE. Nestled inside the highly sought after community of Bedrooms - 4 Scottsdale Ranch, this gorgeous waterfront home dazzles with Bathrooms - 3.5 a panorama of lake and mountain views. Resort-style backyard Pool - Yes w/sprawling pavered patios, waterfall pool, spa, towering palm trees, bistro barbecue island, stone steps to private boat dock. Sq. Ft. - 3,665 Sun-dappled living room. Grand staircase ascends to loft/game ZIP Code - 85258 room, view-balcony, guest bedrooms. Kitchen w/jet-black granite, custom cabinetry. Bay-windowed breakfast room. Family room w/ Online Pics - BaldwinTeam.com Price - $1,298,000 brick-surround fireplace, beamed ceiling, multiple sliding doors to alfresco amenities. Community biking/walking paths, tennis courts. Visit tourfactory.com/1693995. Inside: details, directions.

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see more inside AR-0008601268-01


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AZ Real Estate 12-18-2016 by LOCALiQ - Issuu