mortgages Archives

Mutual of Omaha Buys Mortgages to Support Habitat Mission

by in Business News | Finance

A growing number of families in central Arizona now have access to affordable housing, thanks in part to a unique arrangement between Habitat for Humanity Central Arizona (HFHCAZ) and Mutual of Omaha Bank. Mutual of Omaha Bank recently purchased more than two dozen non-interest bearing mortgages originated by Habitat for Humanity, totaling approximately $740,000. HFHCAZ… Read More →

Real Estate Trading Trend Is Paying Off

real estate - Arizona Business Magazine May/June 2012

Home builders, sellers and buyers say, ‘I’ll trade you’ An emerging real estate trend is paying off for some Valley companies. For The Landmark in Scottsdale, real estate trading has accounted for almost 20 percent of its sales the past 12 months. The average list price for the trade homes: $1,100,000. “We had a buyer… Read More →

Buying Commercial Property Through Commercial Mortgages

by in Industry Insiders

Buying Commercial Property Through Commercial Mortgages As we’ve all heard; the sky is falling, everyone is unemployed and the there will be no more small business. OK, maybe I’m exaggerating a bit, but I can walk away from a local news broadcast feeling like I’ve been diagnosed with a fatal disease and have only three… Read More →