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Newspaper
Scottsdale Progress
Location
Scottsdale, Arizona, United States of America
Date
Oct 07, 1972
Page
3
Advice from The Family Banker guides buyers to use a reliable real estate broker and attorney, set a personal affordable monthly housing budget, shop for the right mortgage, inspect the property, and evaluate location and future costs. It urges thorough questions and careful checks on water, wiring, heating, roof, and drainage.
Ground was broken for a two story office building at 70th Street and 1st Ave to house Moerkerke Realty and four other firms including Caviness & Downs Architectural firm Mobar Investment Co Scottsdale Realty and R E Brown Insurance Co. The $230000 project at 7000 square feet is owned by George Moerkerke with a February 1973 move date and 18 staff.
HUD designates William Bush of the Phoenix Insuring Office to aid elderly and handicapped housing needs. Regional Administrator Robert H. Baida announced the appointment as part of a White House on Aging backed effort to improve living environments and meet production goals.
Garland-Rhuart Development announces a 160 acre Carefree Rolling Hills project with 140 custom homesites on Cave Creek Road one mile east of the airport. Lot sizes range one to two acres with prices 13500 to 18000 and plans emphasize scenic views and desert preservation.
J Fred Talley, commissioner of the Arizona State Real Estate Department, will speak at the Scottsdale Real Estate Board Luncheon Tuesday at noon at the Holiday Inn. His talk titled How the New Law Affects You explains new Real Estate laws. Talley has served since 1948 in various roles and led national license law officials in 1959.
The Independent Contractors Association Inc will hold its annual fall statewide meeting at Camelback Inn on Wednesday evening. Members and wives from five state chapters will attend. Speaker Anthony Harrigan will make his first Arizona appearance as executive vice president of the Southern States Industrial Council in Nashville Tennessee and a prolific author and lecturer.
The City of Phoenix Planning Commission will hear a request to rezone an 80 acre site at 68th Street extended and Shea Boulevard from RE 35 PAD to RE 36. American Engineering Co. seeks to replace clustered PAD homes with a straight subdivision of 75 to 80 single family homes on land owned by First Service Corp of Phoenix. A homeowners association would manage maintenance in a PAD plan.
A glossary chatter explains leg as an intermediate stop in a property exchange. The piece compares legs to a war canoe voyage where Baker the taker acquires property then passes to Charlie, allowing a new link to complete the trade chain. It cites a nineteen leg example.
IRS investigators launch Rent Watch to curb rent boosts in Arizona properties as 28 million Social Security recipients gain a 20 percent payment increase this month. A W Mc Canless, IRS District Director, remarks on protecting tenants from higher charges.
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