Do not – enter into any major purchase or lease agreements, i.e. autos, appliances, furniture, etc.  Our debt to income ratio is one of the first factors lenders consider when reviewing our loan application.  Reduce debt wherever possible and stay clear of acquiring any new debt obligations.

Do not – get tempted to acquire new lines of credit.  No matter how attractively it’s presented, acquiring new store cards or bank cards will negatively affect your credit score, regardless of whether or not the card is actually used.  Before a creditor opens an account they check the applicant’s credit history.  Unfortunately, each inquiry reduces the applicant’s FICO score and makes their mortgage application less desirable.

Do not – change employment status.  Typically, lenders want to see at least two years of consistent employment history for the borrower.  Anything less could seriously jeopardize the loan process.

Do not – move funds around, make large deposits or withdrawals which will change the asset base stated on your original loan application.  If moving large sums of money is unavoidable, you may want to first consult with the lender to find out the best possible way to go about it.

Do not – discard or store out of reach, any financial paperwork.  Lenders will normally need access to past tax returns, W-2s, divorce decrees, bank statements, etc.  Sure, you could always get duplicates, but that will cost you valuable time.  Keep all financial records readily available until your loan has been approved.

For the most part, once you have submitted an application for a home loan, remember to be patient.  Don’t make any significant financial moves.  There will be time enough to purchase what is needed to make your new house an attractive and comfortable home for you and your family.

For more information on preparing or financing a loan, please call or email Mark Monson at Primary Residential Mortgage Inc. (602)345-7404, or markmonson@primeres.com.

1.  5540 N Saguaro Road, Paradise Valley

$12,500,000

Presented by Realty ONE Group

A long drive of authentic cobblestones from Rome meanders up to this spectacular 12,000 sf 5 acre estate w/2 electronically gated entrances! The lot is unique-appearing flat- its all useable- but gently sloping+ elevated w/beautiful views of city lights,Camelback Mtn, 4 Peaks & McDowells! Almost everything in home is hand-made incl. exquisite Pierre Lang cabinetry and amazing floors that are inlaid and hand scraped. It has 9 ft wide gallery hallways w/hyperbolic ceilings, 20 ft high ceilings, a 2 story limestone fireplace, windows set in 2 ft and gourmet kitchen w/corniche stove! Fabulous grounds boast an infinity pool, a stone pool house shading a smaller pool, bridges, loggias, rose gardens and lush rolling lawns! Looks brand new! Only lived in +/- 6 weeks a year! Much redone in 2011.

2.  5800 E Foothill Drive Unit: North, Paradise Valley

$10,000,000

Presented by Realty ONE Group

10 ACRE ESTATE – Enter thru electronic gates & dramatic long driveway past speciman plantings,a 28 tree citrus grove & breathtaking views of McDowells,Superstitions,4 Peaks & rock outcroppings! Sweeping mountain & city light views pour into floor-to-ceiling windows of this fabulous 13,000 s.f. home on large FLAT front & rear grounds high on Mummy Mtn! Entertain in a 55 ft. gamerm w/its own complete kitchen,a theatre, 18′ high living rm w/telescoping doors,dining rm w/floor-to-ceiling mahogany wall,2 family rms & many lrg patios! Wide elegant hallways lead to a library,craft rm,exercise rm,7 bedrms+12 baths.Lrge circular pool,rolling lawns,mini golf course,picnic/barbeque area,lush landscaping & a natural mtn habitat form a serene & private nature oasis. 30 additional acres also available.

3.  7501 N Ironwood Drive, Paradise Valley

$8,995,000

Presented by Realty ONE Group

Electronically gated and walled 3 acre estate is very private and quiet & has a resort feeling w/circular pools with bridges, a lap pool, tennis court, ramadas, a full guest house, 9 seat theatre, an entertainment room, a game room w/huge wet bar, exercise room, paneled library and wine room. Beautifully landscaped, it also has climate controlled garages for 15 cars including a ”1,414 sq.ft. Show Garage” and a” 1,671 sq.ft. Bus Garage”(both not included in the sq.footage) and wonderful views of Mummy Mtn and the McDowells.This 6 bedroom property has 4 ensuite child’s bedrooms each with their own jacuzzis, showers and large custom walk-in closets.This estate boasts a diversity of ceilings: beamed, barreled, domed or trussed and beautiful hand-crafted furniture grade cabinetry throughout

4.  5012 E Mockingbird Lane, Paradise Valley

$5,500,000

Presented by Walt Danley Realty, LLC

Estate home set on 1.7 privately gated acres offers a resort feel. Built with attention to the details, the high level of quality is readily apparent through this home. Custom designs and finishes include rich walnut flooring and extensive use of stone and marble which lend timeless appeal. Mahogany paneling finishes the elegant study. Main living includes 4 en-suite bedrooms and 3 powder rooms. Outdoors, amenities include a infinity edge pool, koi pond, unique fire feature and artistic sculpture. 1 bedroom guest house allows visitors to stay in comfort and privacy with a full kitchen, living Room, laundry and gated parking entrance. An additional detached quest house has been outfitted as a media room. Garage parking for 8 cars w/AC. Elevator to lower level garage.

5.  8224 N Golf Drive, Paradise Valley

$3,400,000

Presented by Solutions Real Estate

Gorgeous custom remodel with 10,000 bottle wine room! Earth, Metal, Wood, Fire and Water are artfully used to create a paradise within Paradise Valley. Golf course lots are more impressive than golf course views but imagine having your own tee box in this Executive Entertaining Estate. The views to the west are of the pool and the 10 foot waterfall with a two way gas fireplace behind surrounded by the masterpiece of a backyard entertaining area framed by Mummy Mountain. Wake up in the master bedroom to a view of Mummy Mountain and choose to take a shower, soak in the bathtub or a steam bath. This home boasts an impressive hand-set cobblestone driveway that would easily handle 100 guests with ease and a valet. Elemental Elegance Corporate Retreat Golf Course Lot Executive Arizona Home.

6.  6325 N Yucca Road, Paradise Valley

$2,927,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

Spectacular home on interior lot in guard gated Finisterre with incredible backyard views of Camelback Mtn. This beautifully remodeled home has warm Venetian plaster, custom oversized doors,vaulted wood beamed ceilings,wood floors and 3 interior fireplaces. Master retreat has sitting area, exercise room, elegant master bath and the most amazing closet! Separate guesthouse has full kitchen,LR,BR,bath and playroom. Lush backyard has custom arbor for outdoor living and dining, stone flooring,outdoor cooking center, full wet bar, outdoor fireplace, misting system, putting green and heated pool- all this with spectacular views of Camelback Mtn. This gracious estate is in the heart of Paradise Valley and will not disappoint.

7.  8501 N Golf Drive, Paradise Valley

$2,850,000

Presented by Walt Danley Realty

Simply the most elegantly appointed but truly functional home on the market in Paradise Valley. Located in Camelback Country Club Estates, this unique property features hardwood floors throughout, a gourmet kitchen, five bedrooms with en-suite baths, designer lighting fixtures, imported stonework and a room for every use. The exquisite master suite boasts a fireplace, separate patio entrance, custom designer bathroom, and over-sized his and her closets. For the most discerning buyer! Chandeliers in entry, bar and master bath excluded from sale.

8.  5301 E Vista Rica Street, Paradise Valley

$2,375,000

Presented by Russ Lyon Sotheby’s International

Flattered by a lush villa-like ambience, this luxurious estate exudes a wealth of elegance and sophistication embraced with an abundance of warmth and charm. Trimmed with colorful flowers, the intimate courtyard entry offers an enchanting welcome, as does the foyer that reveals the formal living room. Boasting a snazzy wet bar and a majestic tongue-and-groove ceiling, two sides of this sun-kissed space show off with wall-width French exits making this stunning area ideal for indoor/outdoor entertaining. Nearby, a glass-sided staircase ascends to the supporting bedroom wing. A romantic hideaway, the sumptuous master bedroom enjoys a soaring ceiling, a spacious sitting salon and an enticing fireplace. Along with a couture closet, the lavish master bath scintillates the senses thanks to a plethora of pampering appointments with posh marble finishes; an exercise/secondary laundry room is conveniently located next door.

9.  6840 E Cuarenta Court, Paradise Valley

$1,999,000

Presented by Allure Fine Properties, LLC

Cosmopolitan: Achieved first place in ‘Product Design’. When spirit minded designers joine hands to create a clever transformation by re-mixing Art, Character, Elegance and Imagination without forgetting ‘Family Living’, this is what you end up with. Not mass produced, capturing a little flair of Africa, Asia, Caribbean and modern Europe. All age appeal home, timeless in style and positively addicting. On a private, unparalleled resort style grounds with palm trees, waterfalls, outdoor kitchen, firepit, sport court, two cabanas and a dog run. An opulent indoor cinema, high ceiling foyer, woven grasscloth dressed walls and bands of antique bronze molding work. The drama of fall-in-love will begin every time you arrive. Seller will consider a million dollar PV trade.

10.  8800 N 58th Place, Paradise Valley

$1,695,000

Presented by REALTY EXECUTIVES Forum Office

Located in the heart of Camelback Country Estates in Paradise Valley. Totally renovated master suite, flooring, paint, HVAC, water heater, sinks, hardware, appliances and roof. New negative edge pool, water features, fountains and landscaping with grassy play area. This home is worth a look and features ceilings 18 to 20 feet, wood flooring and no stairs. Absolutely nothing to do but move in.

As good as these deals are, it is always advisable to remember the guiding principle in American commerce, caveat emptor.  So many of these attractive deals are fixer uppers, and are hardly in move-in condition. Although a home that needs major renovation can offer a great deal of personal satisfaction and return on investment, it can also be a lot of work.  A prudent buyer can capitalize on this by knowing what to look for and assessing the cost in advance.

Whether the home is being purchased for investment purposes or for personal use, there are at least seven areas to investigate and ponder prior to buying a fixer upper:

1.   Start by finding the lowest priced house in one of the better neighborhoods

2.  Confine your search to areas with desirable amenities and good resale potential

3.  Realistically, the majority of fixers are in such a state of disrepair, that it will cost more to “fix it up” than to purchase a home in move-in condition – but, don’t let this deter you

4.  Look for a home that has been listed for sale for several months – as this is likely to offer  greater opportunities for negotiating

5.  Estimate your fix up costs before buying – walk through the home with your contractor noting all repairs, replacements and upgrades, and have the contractor provide a bid estimating the costs involved

6.  Avoid homes with any structural damage – far too costly to repair and still get a good return on the investment

7.  Avoid homes that require structural additions such as adding rooms, bathrooms or a second story – again, far too costly to repair and still get a good return on the investment

In the past, the rule of thumb has been to buy a fixer for at least 20% to 30% below its projected “fixed-up” market value.  Fortunately, today we have a great deal more leeway when it comes to projecting future value as we have the benefit of hindsight.  Experts in real estate tell us that not only will the market eventually recover, but it will also surpass its previous high – making this the most opportune time for buyers of fixer uppers.

1.  41407 N 102nd Place, Scottsdale

$2,495,000

Presented by Desert Mountain Real Estate

Bring ALL OFFERS! Reduced price is now over $1 million below replacement cost!!This 5500 sq. ft. home designed by Terry Kilbane overlooks the Cochise-Geronimo lake and practice area in the distance, providing an architectural statement of true desert character. Enjoy water views as well as sunrise and sunsets from the ‘sunset grill’. The refreshing open floorplan & expanded outside patios are ideal for small gatherings or grand events. Excellent views from every room. Inviting entry courtyard & separate guest casita. Price includes an equity golf membership. Great quality and views throughout. Terrific buy at this price.

2.  10245 E Cochise Drive, Scottsdale

$1,795,000

Presented by The Peggy Rauch Group

Tuscan masterpiece on a fabulous waterfront lot featuring pool, spa and private boat dock. Enjoy life on Lake Serena’s 5 miles of lakefront on your sunset Happy Hour cruises. Enter this incredible home via the massive front door which leads to lovely foyer and grand staircase. The dining room is reminiscent of those in grand halls and would seat the masses. The living room is a thing of beauty with enormous Canterra stone fireplace, 12′ arched doors and windows overlooking the rear yard and lake. Gourmet kitchen overlooks family room with stone fireplace and entertainment wall and is separated from living room by granite wet bar. Travertine flooring,faux finished walls with domed ceilings with artistic finishes,plantation shutters are only some of the fine finishes.

3.  10215 N 103rd Place, Scottsdale

$1,450,000

Presented by Allure Fine Properties, LLC

Superb Quality, one level. Waterfront,Soft Contemporary Masterpiece. Amazing original upgrades. No cost was spared! Huge Great Room, wall of glass overlooking Lake Serena. Master wing private with curved stainless doors,foyer to private office,  master ste. Extensive builtin cabinets & closets. Granite, marble, terrazo, stainless, art glass.  Fire Sprinklers, Soft Water Loop, Vaulted Ceiling(s), Water Softener Owned, Breakfast Bar, Dining in LR/GR, Dishwasher, Kitchen Island, Refrigerator, Inside Laundry, Den/Office, Great Room, Master Bedroom Sitting Room, Double Sinks in Master Bathroom, Full Bath in Master Bedroom, Separate Shower & Tub in Master Bathroom, Tubs with Jets in Master Bathroom

4.  10401 N 100th Street Unit: 4, Scottsdale

$1,395,000

Presented by Allure Fine Properties, LLC

Enchanting Waterfront Resort! Like No Other! Elegant Spanish Hacienda That Oozes Charm And Authenticity. House was Gutted-Everything Remodeled. Fabulous Sholz Architecture with High Ceilings, Wood Beams, Enormous Windows To Capture The Most Stunning Location on Lake Serena. No Expense Spared! Saltillo, Granite, Colorful Tiles, Brazilian Cherry Floors in All 3 Bedroom Suites & Great Room Plus Venetian Plaster. Upgraded Kit-with Meile, Wolf, Subzero. 4 Iron Doors. Incredible Entertainment Area Surrounds the Negative Edge Pool & Spa, Cascading Waterfall, Firepit, & Bubbling Fountains. Chef’s Kitchen and much more! Atmosphere from the Inside Out. Offered furnished at this price.

5.  10270 N 103rd Place, Scottsdale

$1,295,000

Presented by RE/MAX Excalibur Realty

Location, Condition & Price! Stunning 5,794 foot luxury home on Lake Serena. Newer high quality construction (solid block completed in 2004). No cost spared – soaring ceilings, 3 fireplaces, multiple terraces, hardwood & imported Italian marble flooring, custom kitchen w/ rare granite and top line stainless steel appliances, Canterra stone fireplace, formal dining room, office/den with built in cabinetry, family room with wet bar, fabulous bathrooms. Artistic Adler & wrought iron staircase leads to a huge/luxurious master suite with his/hers baths & 2 terraces. Bonus partial basement has home theater, additional storage and wine storage. Private/tranquil yard – pool, spa w/multiple water features, eclipse patio, built in BBQ, fire pit, boat dock. No detail missed – Fantastic value!

6.  10183 E Cochise Drive, Scottsdale

$1,050,000

Presented by Allure Fine Properties, LLC

Dramatic and Stylish! Waterfront! Soaring Ceilings, Walls of Glass, Romantic Balcony, Curved Staircase. Visually Intriguing. Expanded & Totally Remodeled. AZ Room with Fireplace. Loft/Office plus 4 Bdrms, 1 Down. Beautiful Blend of Canterra, Iron Railings, Granite & Stone. Wine Closet! Maximized Garage Storage, Epoxy Floor & AC. Stainless Steel Appliances, upgraded Gas Range, Every Cabinet w/Pull Out Shelves. Shutters & Silhouettes, Intricate Brick & Stone Patio & Pool Surround. Pebble-Tec Pool & Spa w/Gas Heat & Rock Waterfall. Gazebo Over Stone BBQ. Trek Dock. Dramatic Lighting In & Out. Nothing Ordinary! Stunning!

7.  7705 E Doubletree Ranch Road Unit: 22, Scottsdale

$895,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

Amazing golf course and lake views. Incredibly private lot. Home has soaring ceilings, two bedrooms + office and den. Custom built-in cabinetry and decorative accents in the entry, dining room and living room. Beautiful built-ins in the den with a wetbar. Spacious kitchen has lots of counter space and incredible backyard and golf course views. The kitchen opens to a family room area with breakfast room. The backyard has a built-in bbq, pool, spa and spectacular views.

8.  9935 E Island Circle, Scottsdale

$869,900

Presented by Realty ONE Group

TOTALLY UPDATED & EXCEPTIONAL VIEWS w/southern exposure. Truly resort living at its best! Your guests are welcomed by a circular drive & delightful gated courtyd w/pavers & pots spilling out w/color. Wide dimensional views beyond your wildest dreams! Gourmet kitchen w/double islands, granite, top of the line appliances, maple cabinetry, crown molding & so much more. An artists dream w/exceptional appointed lighting, lots of natural light-soaring ceilings w/walls of windows to take in wide open views. Private 3 ensuite bdrms/baths. Large bonus room for pool table or family rm…make it what you want it to be. Entertainers delight w/spacious tropical patio, built-in BBQ, pavers/spa-large boat dock. Enjoy the ambiance of Lake Serena w/miles of waterway.

9.  10148 E Topaz Drive, Scottsdale

$799,000

Presented by Allure Fine Properties, LLC

Fabulous Mountain and Waterfront Views. One of the best sites in Las Brisas! Soaring ceilings, huge 15 ft window wall that captures the view and cascading waterfall at the pool. Elegant Edmunds design, open and flowing. Three bedroom suites up. Captivating master with balcony is exceptional. Wood vaulted ceilings add character to upper level. Fire Sprinklers, Skylight(s), Vaulted Ceiling(s), Wet Bar(s), Breakfast Bar, Formal Dining Room, Dishwasher, Disposal, Kitchen Island, Pantry, Refrigerator, Master Bedroom Sitting Room, Master Bedroom Split, Master Bedroom Upstairs, Master Bedroom Walkin Closet, Double Sinks in Master Bathroom, Separate Shower & Tub in Master Bathroom, Tubs with Jets in Master Bathroom, HighSpeed Internet Available, Pre-Wire Surround Sound

10.  10142 E Topaz Drive, Scottsdale

$795,000

Presented by Realty Executives

Gorgeous remodel on one of the best view lots on Lake Serena.Single level home, no steps,3 bedroom / 2baths, nice open floorplan, Exquisite views down the lake to the McDowell Mtns. Granite countertops, gorgeous cabinetry,24 inch travertine flooring,fireplace,Tounge and grooves ceilings,stone showers and baths.Huge walkin closet, Enjoy wine and cheese in your own private boat docked. Builtin BBQ,and a private spa.3 community swimming pool, dry sauna,2 tennis courts, luxury subdivision with 24hrs guard gate.

Whether you call it sand, mushroom, ecru or fawn, it’s still just plain old beige.  When all the colors you choose fall within this realm of safe paint choices, there’s always the chance of turning your home into something drab, dull and lifeless.  Don’t misunderstand, neutrals are great and definitely have their place.  They are easy on the eye and, if you’re attempting to sell your home, neutral shades create less distraction for potential buyers and can help to add an air of sophistication and elegance.

But, getting back to your desire for freshness and boldness in your home – if you’re not selling it, live in it fully.  Live out your passions and dreams using color to fully express yourself.  Throw out the safeguards and the desire to please others.  Remember, your home is an extension of who you are, so don’t be afraid to let your passions show.  If you decide to sell, there will be plenty of time to neutralize things down a bit while making your home market-ready.  Take a lesson about color from your travels around the world – where color is used without fear in places like the Tropics, Brazil, Italy and the  rest of the Mediterranean.  Embrace the boldness and enjoy the energy.

Though shades of red, orange and blue are often shunned by North Americans as being too risky, elsewhere in the world they are welcomed with enthusiasm.  A great deal of research has been done about the psychology of color and its effects on our mood, therefore, you will want to research and choose wisely while venturing into this realm.

One word of caution:  Unlike the neutral shades, you will find that bold colors are less forgiving of inexperienced painters.  Since irregular lines and inconsistencies are way more obvious when painting with bold colors, you may want to turn over your paint roller to a professional this time.

Finally, it is worth noting that certain professional painting companies will offer the services of a “color consultant” as part of the contractual package.  This is an irreplaceable service and a risk-free way of trying out color combinations and patterns for your home prior to taking the plunge.  Hopefully, you now feel more confident about adding a little spice to your life through the use of color.  Have fun, be creative, and enjoy the wonderful benefits of color therapy in your own home!

1.  9422 E Happy Valley Road, Scottsdale

$13,900,000

Presented by Russ Lyon Sotheby’s International

A private ‘world class’ residence listed at 1/2 of its replacement cost; w/Horse privileges – NO HOA – Just over 19 acres. Beholding depth, character and endless onsite amenities. Well secured behind its scenic iron gates. This million dollar private driveway winds up at a circular center court, room for plenty of parking for 9+ car garage. Some of the elaborate details include extensive hand carved pillars, built-in library, gourmet kitchen, ballet and dance quarter, signature indoor tennis court, mother of pearl swimming pool, mermaid style jacuzzi, authentic desert botanical garden and a French Victorian courtyard. Convert the indoor tennis court into a 80+ car museum, basketball court or a private auditorium. Owner may entertain your Trade or Carry Financing; Call today.

2.  9845 E Cactus Road, Scottsdale

$9,995,000

Presented by Arizona Connect Realty

Totally enclosed, unique landmark property. Cactus corridor, gated & security system, horse breeding/boarding/training grandfather in. Scrumptious mature landscaping. 9+ Flat Ceilings, Drinking Water Filter System, Fire Sprinklers, Vaulted Ceiling(s), Water Softener Owned, Breakfast Bar, Breakfast Room, Formal Dining Room, Dishwasher, Disposal, Kitchen Island, Pantry, Refrigerator, Dryer Included, Inside Laundry, Washer Included, Bonus/Game Room, Den/Office, Great Room, Guest Quaters-Separate Entrance, Media Room, Separate Workshop, Master Bedroom Downstairs, Master Bedroom Sitting Room, Master Bedroom Walkin Closet, Other Bedroom Walkin Closet, Separate Bedroom Exit, Bidet in Master Bathroom

3.  10782 E Heritage Court Unit: 1609, Scottsdale

$8,500,000

Presented by The Silverleaf Group

Immediately upon passing through the entry gate you know you’re in a very special place. Surrounded with lush landscaping, charming courtyards and fabulous views, this Ranch Hacienda estate exudes quality, sophistication and inviting grandeur. Master craftsman, Mike Graham, from American First Builders, has chosen this home as his first in the valley and his keen attention to detail is evident throughout. The abudance of stonework both inside and out is complimented by extraordinary beams and woodwork, imported windows, impressive light fixtures, fine custom cabinetry and state of the art electronics. This home must be seen to be fully appreciated. It truly has it all.

4.  11309 E Arabian Park Drive, Scottsdale

$7,995,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

Incredible Equestrian Estate on 5+ acres,privately gated. Beautifully remodeled home & equine facility are consistent in style with soaring ceilings,timbered beams,exquisite hand-forged lighting & rich custom cabinetry. Resort backyard with tall palms,fruit trees,pool & spa,water features & built-in BBQ. Barn contains stalls for 30 horses,groom rooms,wash racks & complete staff apartment. Outdoor facilities include arenas,Mare Motel,hot walker & breeding facility. One of a kind property! (Note: bronzes do not convey.)

5.  39029 N Alister Mckenzie Drive, Scottsdale

$7,500,000

Presented by Russ Lyon Sotheby’s International

The best view estate in Scottsdale! Pueblo influenced, contemporary masterpiece on over 15 acres with views of the entire southern horizon Sunset, city light & mtn views that include Four Peaks, McDowell Mountains, Pinnacle Peak & Camelback Mountain * Timeless & organic architectural elements include hand plastered walls, Rocky Mountain quartz stone floors, masonry fireplaces, latilla & viga layered ceilings, multiple built-in art niches & views through floor-to-ceiling windows & pocketing doorways Master suite w/separate office/library including tea kitchen Spacious outdoor living areas with covered patios, built-in banco seating and lounges, negative edge heated lap pool, spa, artistic reflective pool, outdoor firepit & multiple water features * Detached 2-bedroom guest casita

6.  10040 E Happy Valley Road Unit: 8, Scottsdale

$8,250,000

Presented by Walt Danley Realty

This California/Spanish flavored Nance creation is privately located on almost 3 acres in Desert Highlands. You will be in awe from the time you drive under the arched porte-cochere into the circular auto court. Fine architectural details and a palette of elegant materials contribute to the homes dramatic aura. Flooring of French limestone accented with ebony-hued walnut grids, soaring parchment-colored plaster walls, groin-vaulted ceilings, the list goes on and on. Lush areas of lawn and numerous patios unite indoors and out. Tucked away spots for entertaining and relaxation abound. Rectangular mosaic-tile swimming pool ends at a tile roofed cabana that offers a luxurious place for lounging. China breakfront attached in breakfast room and all decorative mirrors do not convey.

7.  20914 N 104th Street, Scottsdale

$8,125,000

Presented by REALTY EXECUTIVES Forum Office

On a dramatic hillside 8-acre lot in prestigious Silverleaf. This is a spectacular home. One of a kind views in every direction ~ mountain, golf course and city lights. Truly unparalleled. Superb craftsmanship and quality flow throughout this home. Perfect for entertaining on the massive patio, the automatic pocket door opens from the great room to the outdoor living area. Imported Canterra stone, custom wrought iron, state of the art lighting and technology and media room. Venetian plaster and separate guest house. The list goes on and on.

8.  28009 N 90th Way, Scottsdale

$6,995,000

Presented by Walt Danley Realty

Inspired Mediterranean elegance defines this massive custom estate in North Scottsdale. On 3.5 acres, the home and surrounding grounds are absolutely drenched in luxury; from the resort backyard with pool, spa, and a putting green designed by a renowned PGA golfer to the interiors featuring columned gallerias, exquisite materials and hand-detailed finishes. Six total bedrooms includes a master suite with a steam room, guest suite in the main home and detached guest house in the back yard. Amenities include a 1,400+ bottle wine cellar with a kitchen, 10-seat home theater, five fireplaces, specialized pizza oven and garage parking for 12 cars. Dramatic views provide the perfect final touch to this exciting desert estate.

9.  10863 E Purple Aster Way, Scottsdale

$6,250,000

Presented by Desert Mountain Real Estate

Created by Masters of the Southwest, architect Gordon Rogers and interior designers Eric & Dorothy Bron, this thoroughly modern masterpiece is composed of two wings which bridge a desert wash and encompass the commanding views of the entire Valley floor.Walls of glass and colorful accent details illuminate every space. Steel columns, slate floors, soaring clear cedar ceilings, textures, and colors enliven the living spaces. 3 BR’s, 2 exec. offices, Bonus/flex room could be 4th BR. Unparalleled home automation systems complement the design excellence. ”Car Guy’s” garage houses 4 -8 cars. Includes an Equity Golf Membership to the Desert Mt Mountain Club, complete with 6 Jack Nicklaus course, dining, fitness and tennis. Great photo-journal. See ”documents” for Village Map.

10.  20812 N 104th Street Unit: 1493, Scottsdale

$4,587,000

Presented by Toma Partners

Located in one of the finest private communities in the world, this luxurious Silverleaf Estate sits high in the McDowell Mountains and is surrounded by Scottsdale’s Sonoran Preserve. Residents enjoy a private gated community, signature golf, resort dining, fitness center and spa; while close to the heart of the city. Built by Gietz Master Builders as the culmination of a three decade long career, the estate is located on 1.3 acres and features a 7,980 square foot home with 5 bedrooms, 6.5 bathrooms, private guest house, eleven private courtyards, and European gardens. The combination of exceptional design and the highest quality craftsmanship available leave nothing left to desire. More photos are available on the virtual tour.

This typically involves the type of structure and whether the home should spread out and cover just one level – as in a single story ranch style home; or should the square footage cover two or more levels – as in a split level dwelling.  There are advantages to either choice you make.

Beginning with the split level home, some of the advantages include:

1.       Clearer definition of sleeping space.  Typically, the bedrooms are on the upper level while the common areas such as the living room, kitchen, den, office and guest power room are on the lower/street level.  This separation of the family sleeping quarters also provides for greater privacy, quiet, and fewer disturbances for family members at any given time.

2.       Consider a subdivision with lots of identical size.  A two story home may very well have a larger yard and give the buyer greater options for outdoor living spaces.

3.      Staircases can be a graceful focal point of a home while providing an opportunity for some purposeful exercise.

4.      The homes that tend to attract the most attention are usually those with an imposing façade.  These homes have greater curb appeal and more often than not have multiple levels.

Some of the noteworthy advantages to choosing a single story home include:

1.       For empty-nesters and couples downsizing who find themselves entertaining less, a single story home or condominium may be a perfect choice.

2.      Ranch style homes are in demand by those who wish to simplify their lifestyle. Having everything on one level provides a sense of ease when handling home management and maintenance matters.

3.      Ease of mobility for those who are physically challenged or may need wheel chair access.  It may be necessary for some people to avoid the use of stairs as much as possible.

4.      Applying holiday decorations, keeping widows clean, periodic roof inspections and exterior painting are all made a bit simpler when the home involved is a single story structure.

In making your decision, carefully consider the needs and desires of yourself and your family.  Most importantly, enlist the advice of your real estate professional who can offer even greater insight.

1.  10021 N Canyon View Lane, Fountain Hills

$1,950,000

Presented by MCO REALTY

Gorgeous and comfortable…Spectacular golf course and mountain views from this Santa Fe-Modern set on large, private 2 AC golf course lot. Spacious great room with T&G ceiling and vegas. Knotty Alder interior doors, custom cabinets. Dual burning fireplace. Granite counters throughout. Lower level game room with full bar. Multiple patios. Resort-like backyard with Pebbletec pool/spa.

2.  13620 N Catclaw Court, Fountain Hills

$1,295,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

WILL CONSIDER TRADE!!!!This stunning 4650 sq.ft. home is only 1 year old; everything in it is new and still under original warranty. The entire living space is on one level except for the 3-car garage and exercise room which has an elevator to the main floor. There are virtually no steps. This home was designed and constructed to provide maximum outdoor areas that take advantage of incredible, unique-in-the-Valley views. In addition to a 900+ sq.ft. roof deck providing 360 degree vistas, there are numerous patios and balconies that take full advantage of breath-taking views on all sides of the home. If you love Arizona mountains and sunsets, you will never want to leave this property! We are interested in trades up to $700,000.

3.  9529 N Four Peaks Way, Fountain Hills

$1,195,000

Presented by MCO Realty

This beautiful three-bedroom single-level (no interior steps) home was built for entertaining. Beautiful views of Four Peaks. Spacious great room with bar, formal dining, gourmet kitchen and access to large covered patio. Gourmet kitchen equipped with large kitchen island, 6-burner gas Dacor cooktop, Sub Zero refrig/freezer, Sub Zero beverage drawers, Dacor double ovens, Fisher/Paykel dishwasher drawers. Premium finishes of wood, granite, stone and tile throughout the home. Negative-edge heated pool and spa, fireplace, built-in barbecue and covered patios. Exercise room and pool bath are conveniently located poolside. Oversized three-car garage has epoxy floors,workbench and built-in storage.Furniture available on separate bill of sale. Golf membership available.

4.  14610 E Shadow Canyon Drive, Fountain Hills

$2,350,000

Presented by Prudential Arizona Properties

Spellbinding describes the moment you drive across your private bridge & upon entering you find every room is unique. Cantera columns, exquisite ceiling detail & chiseled, Versailles pattern travertine flooring lead to elevation changes that define special places for every member of the family! Chefs kitchen w/massive cantera hood,Butler’s pantry, professional grade appliances & granite work surfaces; Master Suite w/lavish Jacuzzi, mirrored exercise room & private garden w/fountain;Every bedroom is a unique suite w/patio & bath;Gameroom designed for entertaining, w/wetbar & patio are located adjacent to the professional theater. State of the art ”Nuvo Concerto” sound system, Separate single level guest quarters w/patio& private garage access. All of the exquisite furnishings available

5.  13811 N Sunset Drive, Fountain Hills

$1,249,000

Presented by Homeowner Advocates

Riveting views best view lot in Sunridge Canyon. Custom home developer handpicked this lot and built subject for his personal use which is apparent as he went overboard on exotic materials. Featured property in Phoenix Home & Garden.  Large formal great room & formal dining room extensive use of cantera stone & groin ceilings. Expansive family room plenty of flexible space with abundant seating & features full wet bar. Kitchen has every amenity expected in an executive luxury home. Media room & supporting bedrooms could also function as separate living quarters with their own garage. Master bathroom sports materials generally found in homes 2x this price, wood windows, cherry cabinets & floors, 4 car garage, custom bookcases & doors.  Not a short sale or reo. Immediate seller response

6.  14027 N Sunflower Drive, Fountain Hills

$1,000,000

Presented by Russ Lyon Sotheby’s International

A True Gem! This home was designed and constructed with incredible attention to flow and privacy, as well as great attention to architechtural details in the ceilings, lighting, and finishes. From the family room and pool/patio, the views of Four Peaks and gorgeous sunrises are spectacular. To top it off, the home has been immaculately maintained and shows like a model home! The pool/patio area are ideal for indoor/outdoor entertaining. There could be four bedrooms, however currently the fourth bedroom is a fantastic library office with a built-in desk, book shelves, display cabinet and hidden closet. The gourmet kitchen has everything a chef could want. This is truly a beautiful, elegant home.

7.  15719 E Telegraph Drive, Fountain Hills

$999,000

Presented by HomeSmart

Traditional sale. 6374 livable sf. Almost finished stunning spec home. Oversized 3 car garage + a whole extra room to park toys. 4 bedroom 4.5 bathroom + big theater room. Exquisite gorgeous warm contemporary blend. With full attached guest house that has its own kitchenette. This masterpiece is perched high on a mountain ridge. Jaw dropping world class views of 4 peaks, red rock, superstitions, and the fountain & city lights. Extra deep garage. Room for your boat, motorcycles etc. Huge open great room. Massive open kitchen. Huge pool table area next to massive party style wet bar. An elevator too. This home is an entertainers dream. Large pebble lap pool. Super quiet street. High end area! Not short sale, not bank owned! Once in a lifetime opportunity to steal the best.

8.  16117 E Star Gaze Trail, Fountain Hills

$950,000

Presented by MCO Realty

Beautiful views of Four Peaks, Red Rock and the 11th fairway of Firerock. Master suite is spacious with sitting area and bay windows enhancing the view. Master bath has aquatic tub, makeup vanity, and custom built-ins in closet. Gourmet kitchen with 4-burner gas cooktop, warming drawer and bar seating. Lower level has apartment style setup with kitchenette that includes sink, microwave and refrigerator, two bedrooms, home office and bonus room. Home has exercise room, Lutron lighting, automatic sunscreens, butlers pantry, elevator, central vacuum, Pella windows and doors. Home does not have a pool, bid for pool has been done.

9.  15263 E Sage Drive, Fountain Hills

$989,000

Presented by RE/MAX SUN PROPERTIES

If you traveled Europe & fell in love with the timeless design elements of French Chateaus & European Villas you will thrill to own this incredible residence. Surrounded by spectacular views your hillside estate has everything you have dreamed of. Craftsmanship & materials reserved for people who appreciate high standards; the romance & charm of Old World tradition.Professional designers own home has no equal.Custom wall finishes & textures.Opulent marble & stone thruout.Kitchen cabinets are custom designed & finished like fine furniture.5 fireplaces,grand open spaces.Picture views from every window & around every corner.Sumptuous master suite,spa-like master bath.French doors lead to three levels of private outdoor living.Truly spectacular residence worth much more than asking price.

10.  15137 E Marathon Drive, Fountain Hills

$250,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

FORECLOSURE scheduled for 12-30-2011. Bring us an offer. This 3bd + office short sale home has a great split floor plan and just needs a little TLC.  Lots of great wood beams in front of home and in the back. Really good architectural integrity and character!  Pool with mountain views.

Through this program, homeowners are given the opportunity to add the cost of energy efficient home improvements directly into their mortgage.  There’s no need for homeowners to take out a second mortgage loan or borrow the funds needed to cover the costs of these valuable improvements.  The program is available to anyone meeting the FHA income requirements, and is able to show proof of their ability to make the monthly mortgage, tax and insurance payments.  As a side note, home owners who have enough equity in their homes and owe more than the FHA limit, may qualify for a cash-out refinance to cover the cost of improvements.  Today lenders can loan up to $5 million and as low as $50,000.

According to the FHA website, “The Energy Efficient Mortgage Loan program is one of many FHA programs that insures mortgage loans.  Borrowers who qualify for FHA’s popular Section 203(b) fixed-rate mortgage loan may finance up to 97 percent of their home loan.  They are also able to fold their closing costs and the up-front mortgage insurance premium into the total cost of the loan.  Energy Efficient Mortgages can also be used with FHA Section 203(k) rehabilitation program; in this case the Energy Efficient Mortgage generally follows the Section 203(k) rehabilitation program’s financing guidelines.”

These Energy Efficient Mortgages can be used to make green (energy efficient) home improvements in new homes, as well as existing one and two unit dwellings.  Such upgrades will do more than simply save money in energy costs; they will also improve the overall comfort of the home, while protecting the environment.  As buyers become more aware of the benefits of  green/energy-efficient living, those homes already equipped with such upgrades will definitely be more appealing.  Note to sellers – energy efficiency upgrades can be an enormous advantage to you in the current real estate market.

A special thank you to Mark Monson, Primary Residential Mortgage, Inc. for his contribution to this article.  ArizonaLoanPros.com

1.  7525 E Gainey Ranch Road Unit: 198, Scottsdale

$850,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

This is a rare find in Gainey Ranch. Tastefully remodeled with incredible features including wood and travertine flooring, updated cabinetry and beautiful fixtures. A gourmet kitchen has granite counter tops, updated appliances and opens to the family room and breakfast area. The living room has soaring ceilings, a travertine file place and is open to the pool. You will love the master suite with a sitting area, two-way fireplace, large bath and walk-in closets. A loft is upstairs adjacent to two guest bedrooms. Fourth bedroom may be converted into an office. Large yard with BBQ, heated pool and outdoor living space. Near estate club for tennis and exercise facilities. Close to shops, restaurants, and golf courses!

2.  7878 E Gainey Ranch Road Unit: 33, Scottsdale

$1,100,000

Presented by Walt Danley Realty

Step inside to a dramatic double height foyer and living room overlooking the golf course. This immaculately maintained, light and bright home features soft contemporary architecture in gated Gainey Ranch. Four ensuite bedrooms includes the spacious master suite with a fireplace and a private patio with golf course views. Granite counters, contemporary cabinetry and wine storage are an attractive update to the kitchen. A bonus room includes a wet bar and is perfect for entertaining. In addition to newer 16 SEER air conditioning units, extra insulation, automatic retractable awnings and plantation shutters work to create an energy efficient home.

3.  7705 E Doubletree Ranch Road Unit: 22, Scottsdale

$895,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

Amazing golf course and lake views. Incredibly private lot. Home has soaring ceilings, two bedrooms + office and den. Custom built-in cabinetry and decorative accents in the entry, dining room and living room. Beautiful built-ins in the den with a wetbar. Spacious kitchen has lots of counter space and incredible backyard and golf course views. The kitchen opens to a family room area with breakfast room. The backyard has a built-in bbq, pool, spa and spectacular views.

4.  7770 E Gainey Ranch Road Unit: 5, Scottsdale

$849,000

Presented by Realty ONE Group

Beautiful semi-custom home in Gainey Ranch golf villas iii  unique architectural features  enter front door to see soaring ceilings and windows  panoramic golf course sunset and mountain views kitchen with center island granite slab counter tops travertine floor formal dining room dramatic high ceilings 3-br 3-bath 2-master suites 1-down and 1-up approx. 3166 sq ft by county assessor record plantation shutters 3-fireplaces 2-car garage with epoxy flooring lush landscaping private back yard with pool and water feature built in bbq guard gated security estate club house tennis courts

5.  8989 N Gainey Center Drive Unit: 234, Scottsdale

$460,000

Presented by The Peggy Rauch Group

Great value in Estancia! These lots, 166 and 167 are located right next to the 17th green of world renowned Beautifully remodeled Vistas unit overlooking the lake with golf and sunset views This is the perfect vacation home property located on the signature 9th hole of the Arroyo Course at Gainey Ranch Waterfront property in 8989 is seldom available at this price Granite counters and newer appliances in the kitchen Hardwood floors in both bedrooms New Bosch washer/dryer Large private balcony overlooking the lake and the Hyatt Resort Don’t buy at Gainey until you’ve seen this unit!

6.  7525 E Gainey Ranch Road Unit: 199, Scottsdale

$695,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

Incredible opportunity in the Greens at Gainey Ranch. This beautiful property has a bright and open floor plan with soaring ceilings and spacious living spaces. Beautiful limestone flooring throughout the living room, family room and kitchen. Living room has a dramatic fireplace and great art walls. Kitchen has a kitchen island and opens to a family room area. Beautiful wood flooring leads you upstairs to a large loft separating the master bedroom from two guest rooms. Master bedroom is very large with a sitting area, fireplace, luxurious bath and large walk-in closet. An office completes the comfortable living spaces. Backyard has a heated pool, BBQ and plenty of patio space. Enjoy the Gainey Ranch lifestyle of golf, tennis, dining, shopping and so much more!

7.  8989 N Gainey Center Drive Unit: 147, Scottsdale

$475,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

You will be amazed at the quality and craftsmanship in this remodeled Townhomein this lovely gated community in Gainey Ranch. Who wouldn’t want to entertain in a completely remodeled kitchen with new granite counter tops, appliances, and cabinetry? The kitchen opens to the Family Room and Dining room creating a great flow. The Living Room has a built-in fireplace and TV nook. A comfortable office could be a 3rd bedroom with a fully updated bath. Guest Room and Guest Bath has new vanity and granite counter tops. The Master suite is wonderful with a completely remodeled Bath including granite, marble and travertine finishes, new cabinetry and a huge walkin closet. Enjoy your morning coffee on the patio looking over a lush grassy common area or take a dip in the community pool.

8.  7525 E Gainey Ranch Road Unit: 180, Scottsdale

$699,000

Presented by REALTY EXECUTIVES Forum Office

Beautiful golf course views are enjoyed from this single level home at the Greens & Gainey Ranch. Beautiful wood cabinetry in the incredible newer home office and the full wall entertainment center in great room open floor plan – cathedral ceilings and great windows for light open spaces, granite counters and 16 inch tile floors. Interior newly painted March 2009. Fantastic master bath – steam shower & jetted tub. Private patio off master bedroom -spacious covered patio with a super water feature and built-in barbecue. This home is super sharp.

9.  7760 E Vaquero Drive, Scottsdale

$1,800,000

Presented by RE/MAX Achievers

Short Sale! Gainey Ranch property 5 bedroom home. Spacious Floorplan. Central Vacuum, Elevator, Fire Sprinklers, Intercom, Skylight(s), Vaulted Ceiling(s), Wet Bar(s), Breakfast Bar, Breakfast Room, Eat-in Kitchen, Formal Dining Room, Dishwasher, Disposal, Kitchen Island, Pantry, Refrigerator, Inside Laundry, Bonus/Game Room, Den/Office, Library/Built-in Bookcase, Media Room, 2 Master Bedrooms, Master Bedroom Downstairs, Master Bedroom Sitting Room, Master Bedroom Split, Master Bedroom Upstairs, Master Bedroom Walkin Closet, Other Bedroom Walkin Closet, 2 Master Bathrooms, Bidet in Master Bathroom, Double Sinks in Master Bathroom

10.  7283 E Vaquero Drive, Scottsdale

$450,000

Presented by SANDRA WILKEN LUXURY PROPERTIES

Unique floorplan in Gainey Village. This bright and cheerful single level patio home also offers a den/office. North/South exposure. Gated community, close to Hyatt Regency Hotel, Gainey Health Club & Spa and Gainey Village amenities, shopping & restaurants. Low maintenance yard. New Stainless Steel appliances in kitchen, granite tile, custom mantle in entry. Custom office shelving and desk. Recessed lighting and contemporary light fixtures. Security System. Wood shutters. Live the Gainey Lifestyle!