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Scottsdale Progress in Scottsdale, Arizona

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This newspaper page contains 6 articles. Subscribers can read the full text of each article.

Newspaper

Scottsdale Progress

Location

Scottsdale, Arizona, United States of America

Date

Jun 25, 1977

Page

5

Harmony California for sale town with 40 buildings

Harmony California population 18 seeks buyer for two acres and 14 to 40 buildings listed at 400000 dollars. The town features a 180 year old door gallery post office and various shops with Hearst era records included. Prospective owner would appoint local officials and preserve historic charm.

James Bronson Copley Los Angeles Harmony Calif Tinsel Town Hollywood Rudolph Valentino Pola Negri Pat O'Shaughnessy O’shaughnessy Hearst Castle William Randolph Hearst O'Shaughnessy Federal Harmonians

Real estate syndicates offer tax shelter for small investors

Real estate syndicates allow small investors to share in income producing properties through pooled equity. The approach provides tax shelter and a sense of ownership similar to major investors, enabling participation in shopping centers and other income producing properties despite limited cash.

James M. Woodard Copley

Real estate syndications offer strong growth and tax benefits

Richard R. Wood of RESSI notes real estate investments often outpace corporate assets in capital appreciation and provide inflation protection. Investors join as limited partners, with low entry ($1,000) and limited liability, plus tax advantages. Regulations and a seasoned general partner are key, despite reduced gains from the 1976 Tax Reform Act.

Richard R. Wood Real Estate and Syndication Institute RESSI

Builders urge federal help to speed housing environmental reviews

David E. Stahl of the National Association of Home Builders urged CEQ to streamline federal environmental review rules and align them with state and local standards to cut delays in housing development. He cited long EIS clearance times, overhead costs, and suggested eliminating federal EIS in cases with equivalent local rules and adopting VA/FmHA flexibility.

David E. Stahl National Association of Home Builders Council of Environmental Quality CEQ Department of Housing and Urban Development HUD Farmers Home Administration Fmha Veterans’ Administration Houston Stahl

MBA Opposes FNMA Bilt Charter Changes

The Mortgage Bankers Association warns during Senate hearings that amendments to the FNMA charter would threaten its ability to fund mortgages. Spokesman Kennon Rothchild says the bill could invite political influence undermine credit and reduce stock value, hurting the secondary mortgage market.

Congress National Mortgage Association FNMA Kennon V. Rothchild Mortgage Bankers Association of America MBA

Additional condo units open at Scottsdale Shadows in 1972 project

Eighty four one to four bedroom condominiums opened in the seventh building of Scottsdale Shadows located at 7800 E Camelback Rd Scottsdale. The 40 acre development by Environmental Developers of Denver has sold nearly 500 homes since 1972. Four furnished and seven unfurnished models sample 11 floor plans with prices from 32400 to 89300 and maintenance starting at.

Scottsdale Shadows E. Camelback Rd Denver Scottsdale

Also Mentioned on This Page

California Scottsdale (Az Daily Progress Easycore E. Rancho Drive Camelback 40Th Street Fnma Bilt Escrow Homeowners Picture Gallery Western Region Goldcrest N. 35Th Ave Phoenix Eastern Region Sth Ave Burt Susan Sweeton United Western Realty P.O Arizona Flagstaff APS
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