Holiday moratorium on foreclosures

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U.S. Bank and Wells Fargo are among several national banks that will implement a holiday moratorium on foreclosure sales, according to American Banker.

For U.S. Bank, the moratorium will last from Dec. 17 through Jan. 2. Wells Fargo will begin its moratorium Dec. 19. Wells Fargo and U.S. Bank will suspend evictions and foreclosure sales on loans owned by the banks nationwide.

Fannie Mae and Freddie Mac took similar actions. Fannie said that from Dec. 19 through Jan. 2 it will halt evictions from single-family homes and two- to four-unit properties that have been foreclosed on, although foreclosure proceedings may continue. Freddie will honor a moratorium from Dec. 17 to Jan. 2.

“We’re taking this step in support of families who have faced financial challenges and gone through a foreclosure,” Terry Edwards, executive vice president of credit portfolio management for Fannie Mae, told American Banker. “The holidays are a chance to be with loved ones, and we want to relieve some stress at this time of year. We encourage homeowners having difficulty to reach out for help as soon as possible.”

Source: StarTribune/business http://www.startribune.com/business/183408411.html?refer=y

Take a look at The Canny Team November 2012 Newsletter

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November ARMLS Statistics & Pending Price Index is here

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Take a look at the November Arizona Regional MLS Statistics & the Pending Price Index. The Canny Team is ready to serve all of your real estate needs. Call or text us anytime at 602-301-9754.

November 2012 Statistics

November 2012 Pending Price Index

Inviting all ghouls & goblins to our open house on Sunday, October 21!

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This exquisite home is nestled in Greer Ranch & is sure to make your peepers pop!!! There’s a grand entrance at the family room, it boasts soaring ceilings, tile walk ways, upgraded fixtures and tile in all the right places. There’s a large kitchen with gas stove, granite counter tops, upgraded cabinets, and a formal dining area with bay window open to the living room. The upstairs offers 4 bedrooms and three additional lofts, perfect for home office, exercise room and play area. The beautiful backyard has a scene that’s a scream! It has a sparkling pebble tech pool, and extended patio, and so much more. Even the most squeamish will love this home! It would be a grave mistake to miss our open house. We’ll have a spell-binding selection of tricks or treats from 12:00 to 4:00 on Sunday, October 21st. It will be frightfully fun! Go to www.CannyTeam.com for more information. The address is 15826 W. Mercer Ln., Surprise, AZ 85379.

An unbeatable value you’ll love to sink your teeth into!

2 Units in ‘The Shores’ Scottsdale Luxury Resort Living

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The first unit is #18 and is a hidden oasis right in the heart of Scottsdale!  Attention investors, this unit has a tenant in place at $1,295 monthly until 11/30/12.  Traditional Sale!!  Villa is located next to McCormick Golf Course and Camelback Lake.  This unit offers 3 bedrooms with 2 private patios and 2 balconies.  no neighbors above or below.  Unique because it can be short term rented in the rental pool at the resort where they do all the work, making it hassle free or… can be rented long term or… just enjoyed as a primary home.  Amenities of the resort ~ pool, spa, tennis courts, paddle boats, to just name a few.  Villa is located near fine dining and shopping.  Don’t miss out on this unique villa!

The second unit is #23  and is a great investment property with tenant at $1,200 monthly.  Tenant is now month to month and this is a Traditional Sale!  A hidden paradise oasis right in the heart of Scottsdale with a a fantastic 3 bedroom villa located next to MCCormick Golf Course and Camelback Lake.  Wonderful resort style upstairs unit that is one level, fully furnished with linens and kitchen supplies.  A great 2nd home or investment property!  Long term lease villa or add it to the rental pool at the Millennium Resort which includes room & maid service plus all the resort amenities.  The resort does all the paperwork making renting hassle free!

 

 

 

 

 

 

 

 

Horse Property with 2 Acres in Waddell

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Got horses? Almost 2 acres of gorgeous horse property here! And it’s a traditional sale!! Park in the circular driveway, step inside the foyer, and notice the gorgeous dual access staircase.

7031 N187th Waddell, 85355

The gourmet kitchen includes granite counter tops, double ovens, and a huge island. The roomy master suite includes a ginormous bathroom with a jetted tub and a separate state-of-the-art shower. Cozy up in the winters in front of 1 of the 2 fireplaces. Cool off in the summers, splashing around in the sparkling pool. Bring your cars, trucks & toys! There’s parking & storage galore, including a 20’X40′ enclosed shed with electricity, an additional covered storage area, a 2-car side-entry garage, and a 4-car slab with a 1-car carport. This property has so much to offer!

 

 

 

 

 

Open house 9/22/12 at 2953 W. Libby St., Phoenix, AZ 85053

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We’ll be at 2953 W. Libby St., Phoenix, AZ 85053 from 11 to 3 on Saturday, September 22 from 11-3. Come see us & check out this gorgeously remodeled home! 

**Reduced price**2953 W. Libby St., Phoenix, AZ 85053

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New price of $169,900!!! Honey, stop the car! Wow, this is it! It’s not a short sale, not a bank-owned, and not a fix-n-flip! The owners spared no expense! The improvements on this one are top notch! Almost everything has been replaced! The remodeling includes: the kitchen, the bathrooms, the roof, the flooring, the French doors, neutral paint throughout, the laundry room, and the list goes on & on & on!! The carport was converted into a 2-car garage. The oversized back yard features a large, covered patio, a large, grassy area, a garden area, and mature citrus trees. Located within the excelling Deer Valley School District, this home is truly move-in ready! What are you waiting for? Come see it today!

The Search for Life on Mars

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Her mission is to find life on Mars, her name is Curiosity. She costs 2.6 billion dollars! she is fueled by plutonium, has a robotic arm, lots of advanced cameras, and a rock-vaporizing laser. Wow!! And she can move at 1.5 inches per second. But, the question is, is she really worth it??