McCormick Ranch Starts Second Development Phase
Kaiser-Aetna begins detailed planning for 1,400 acres in the second phase of McCormick Ranch north of Indian Bend Road. The project follows four years of development with 1,500 dwelling units and several new facilities including Scottsdale Executive Office Park and Paseo Village Center. Local officials note mixed use planning boosts city revenue and employment opportunities, though actual cash flow depends on where workers live.
MENTIONED IN THIS ARTICLE
Bruce Jameson
McCormick Ranch
Kaiser-Aetna
North Ranch
Indian Bend Road
Richard F. Boultinghouse
Via de Ventura
Shea Boulevard
Scottsdale
Boultinghouse
Timothy Bray
Bray
Palmer Clarkson
Scottsdale Executive
Paseo Village Center
Alpha Beta
Valley National Bank
Southwest Savings and Loan
The
Arizona Bank
Registry
Hospitality Management Corp
Dallas
Monterey Jack’s
Revised closing costs law eases buyers but hikes risks
Unwary buyers face hundreds in unexpected closing costs despite a June 1975 reform. The RESPA update trims deadlines and requires lenders to provide a HUD information booklet and good faith estimates, disclosing fees, service providers, and potential kickbacks.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Boy Scouts
Department of Housing and Urban Development
Ed Post Realty Offers One Year Home Warranty Plan
Ed Post Realty announces a one year service warranty for buyers of used homes listed after Tuesday. The American Home Shield plan, backed by Ed Post Realty, covers major home systems including cooling heating plumbing electrical hot water and built in appliances such as oven range garbage disposal and dishwasher.
MENTIONED IN THIS ARTICLE
Ed Post Realty
al Gazeley
Gazley
Banks expand home improvement lending this summer
Banks plan to broaden loans for remodeling with 85 percent of 109 banks surveyed aiming to increase home improvement lending. The ABA notes most loans last year averaged $3,000 with no collateral and rates of 10 to 14 percent, five to seven year terms. Some banks also offer FHA Title I loans at 12 percent up to $10,000.
MENTIONED IN THIS ARTICLE
American Bankers Association
ABA
Costs rise rapidly for rental property owners in Chicago
The National Association of Realtors reports 92 percent of landlords faced higher maintenance and repair costs nationally with increases of 10 to 15 percent. Property taxes rose for 72 percent of respondents while 1 percent saw lower rates. Gas and electricity costs climb at a double digit rate though utilities rose less sharply than 1974 and 1975. The CPI utility component stood at 184.8 in May.
MENTIONED IN THIS ARTICLE
Chicago
National Association of Realtors’ Department of Economics and Research
Record Arizona land endowment earns 6.1 million in 1976
Interest on Arizona's vested land endowment funds rose to a record 6.1 million for the year ending June 30 1976. Principal beneficiaries are public schools which receive 5.4 million of the interest with the rest allocated to various public institutions.
MENTIONED IN THIS ARTICLE
Phoenix
Arizona
Jack
Standard Off
Also Mentioned on This Page
Paseo del Norte
Darryl Frellinger
North Scottsdale
Daily Progress
Mortgage Bankers Association of America
Federal Housing Administration
FHA
HUD
Superintendent of Documents
Government Printing Office
Washington, D.C
Consumer Information Center
Pueblo
Colo
Mortgage Bankers Association
Fifteenth St
N.W
Maverick Road
Camelback Country Club
10Th Green
Lincoln Drive
Squaw Peak
Camelback
Mummy Mountains
Merideth
Paradise Valley
Dick Baxter
el Chaparral
Mara Kalva
el Chapatiil
Miller and Chaparral Rds
Scottsdale Road
America
Jack Webb
Helen Cossman
Helen
Realty
Granite Reef
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