Saturday, January 29, 2011

Rare Opportunity

.81 Acres
The Boulder's Resort
Southern Exposure
On Fairway
Priceless
Yet Available

Thursday, January 27, 2011

Love This Lot

FINEST LOT LEFT IN THE BOULDER'S
.81 Acres
Southern Exposure
VIEWS
Two Fairways
$675,000

Saturday, January 22, 2011

CLOSED, $600,000

CLOSED for $600,000
I blogged about this house endlessly.
9620 E. Rising Sun
Scottsdale, AZ 85262
Welcome Jason Swannie

Tuesday, January 18, 2011

Sunday, January 16, 2011

Nasser Al-Rashids old G-IV


1999 Gulfstream IV-SP
3102 Hours
$15,500,000
Interior:
This aircraft has a nine passenger, fireblocked interior and one crew lav seat (certified for take-off and landing). The forward cabin features a two place divan opposite a two place club with a single stowable table. The mid cabin has a four place club with two stowable tables and the aft cabin features a 78-inch sofa bed (not certified for take-off and landing) opposing a single forward facing VIP seat with stowable table and credenza. Mid/Aft cabin has a pocket door for VIP bedroom/office privacy and a solid door into the aft lav area.

Forward galley equipped with a microwave, espresso machine, convection oven and a sink.

The entertainment system features: Airshow Genesys, 1 Sony DVD player, 1 Sony CD player, an AM/FM Cassette player, a Toshiba radio tuner, a 21 wide screen Baker monitor at aft cabin credenza, (2) 14.2 Rosen monitors located at forward and aft cabin bulkheads, (3) 5.6 Rosen video stowable monitors located at forward and mid cabin seats #1, #2 and #3, Pacific systems switches, Beaker audio controllers, Bose speakers, Amplifiers and Equalizer Module, a Fax Machine and an Allied Signal Magnastar C-750 Telecommunications Management System.

Lavs: Forward Crew Lavatory and AFT VIP Lavatory.
Why buy THIS Gulfstream IVSP?
3,102 TTAF : 1,386 Landings
Times Since Midlife 477 hrs / 477 hrs
Airshow Genesys
Currently Operating on a Commercial
Certificate
Triple Honeywell LRNAV
Jar-Ops and EASA Approved
I believe there is a gold medallion missing.............

Avionics/Radios:
COM: Triple Collins VHF 422-D with 8.33 Spacing
NAV: Dual Collins VIR 432 with FM Immunity
FDS: Honeywell SPZ 8400
A/P: Dual Honeywell FZ 820
XPNDR: Dual Collins TDR 94D Enhanced Mode S
ADF: Dual Collins ADF 462
DME: Dual Collins DME 442
ADC: Dual Honeywell AZ 810
FMS: Dual Honeywell NZ 2000 with (CD 810s) and Single Lasertrak
GPS: Dual Honeywell GR 550 (HG2021GD02)
STCOM: Honeywell MCS 6000 with 1 cockpit and 4 cabin handsets
HFCOM: Dual Collins HF 9000 (903A)
EFIS: Honeywell Six Tube DU 880 displays
RADAR: Honeywell Primus 880 with dual control panels and lightning sensor
SELCAL: Coltech CSD -714
TCAS: Honeywell TCAS 2000 with Change 7
RADALT: Dual Honeywell RT 300
EGPWS: Honeywell Mark V 218-218 Software (with Windshear)
LRNAV: Triple Honeywell Laser Ref II (HG1075AE04)
FDR: Lockheed F1000 SSFDR
CVR: Litton (L3) FA 2100
ELT: Artex 406 MGHZ with NAV interface
Audio Panels: Triple Baker Electronics 990-3333-148

Additional Equipment:
RVSM Capable
MNPS Capable
FM Immunity Compliant
8.33 Spacing Compliant
RNP 5 & 10 Compliant
TAWS Compliant
Thrust Reversers
EASA Approved
RNP 1, 3, 4, 5, 10, BRNAV and PRNAV Certified
Dual Collins RTU 4220
Sextant Thales 64111-952-1 Standby Altimeter
H341BCM Standby Attitude Indicator
Litton Aeronetics BDI 3030A RMI
Honeywell Angle of Attack System
FMS Master Switches
EFIS Master Switches
Dual 60HZ 115V Converter
Cockpit 5.6 Airshow Monitor
Honeywell Angle of Attack System
Airshow Genesys System
Battery Temp Monitor System
Brake Temp Monitor System
3rd Crew Member Jump Seat
Flyaway Kit
Rosemount Ice Detector
Two Life Rafts

Inspection Status:
On CMP maintenance tracking program
MSG 3 Aircraft
1A Check c/w June 17, 2010 @ 2,890 hrs, next due June 2011 or 3,390 hrs
2A Check c/w June 17, 2010 @ 2,890 hrs, next due @ 3,890 hrs
4A Check c/w June 22, 2008 @ 1,985 hrs, next due @ 4,000 hrs
5A Check c/w June 10, 2009 @ 2,469 hrs, next due 4,969 hrs
1C Check c/w June 17, 2010 @ 2,890 hrs, next due May 2011
2C Check c/w June 17, 2010 @ 2,890 hrs, next due April 2012
3C Check c/w May 1, 2009 @ 2,384 hrs, next due May 2012
4C Check c/w December 11, 2008 @ 2,189 hrs, next due December 2012
5C Check c/w May 1, 2009 @ 2,384 hrs, next due April 2014
6C Check c/w July 17, 2006 @ 1,295 hrs, next due July 2012
8C Check c/w December 11, 2008 @ 2,189 hrs, next due December 2016


Wednesday, January 12, 2011

7339 N. Highcliff Drive


7339 N HIGHCLIFF DR
PARADISE VALLEY, AZ 85253-2884
Foreclosure auction tomorrow:
One of 6 scheduled tomorrow for Paradise Valley Property
(see end of article)

Recording Date:01/21/2009File Number:090049679Deed Type:NT
Orig Name:DON DAVISOrig Date:07/17/2006Orig Doc #060949460
Company:LASALLE BANK NAOrig Mtg Bal:$1,940,000
Auction Place:Superior Court BuildingAuction Date:01/13/2011Auction Time:14:00:00
Trustee:CALIFORNIA RECONVEYANCEPhone #(714) 573-1965Sale ID:130863AZ



1.
APN: 169-13-064BAddress: 7339 N HIGHCLIFF DR, PARADISE VALLEY, AZ 85253-2884Recording Date: 01/21/2009
Filing #090049679Trustee:CALIFORNIA RECONVEYANCEPhone #(714) 573-1965
Auction Place:Superior Court BuildingAuction Date: 01/13/2011 @ 14:00:00Auction ID:130863AZ
Orig Mortgage Balance:$1,940,000Orig Document #060949460Orig Date:07/17/2006
Orig Name: DON DAVISBeneficiary: LASALLE BANK NA
2.
APN: 169-39-030Address: 6018 N 62ND PL, PARADISE VALLEY, AZ 85253-4266Recording Date: 10/14/2010
Filing #100900074Trustee:QUALITY LOAN SERVICE CORPPhone #(714) 730-2727
Auction Place:Superior Court BuildingAuction Date: 01/13/2011 @ 12:00:00Auction ID:AZ-10-393959-TC
Orig Mortgage Balance:$1,953,500Orig Document #070297025Orig Date:03/13/2007
Orig Name: BETH L HEROLDBeneficiary: DEUTSCHE BANK NATIONAL TRUST COMPANY
3.
APN: 170-08-015Address: 5648 N DELOS CIR, PARADISE VALLEY, AZ 85253-7507Recording Date: 10/12/2010
Filing #100886756Trustee:WATERFALL ECONOMIDISPhone #(520) 745-7817
Auction Place:Superior Court BuildingAuction Date: 01/13/2011 @ 11:30:00Auction ID:15490-306
Orig Mortgage Balance:$75,000Orig Document #010515134Orig Date:06/13/2001
Orig Name: MARTHA H ROBERTSBeneficiary: COMPASS BANK
4.
APN: 174-51-010BAddress: 6717 E MEADOWLARK LN, PARADISE VALLEY, AZ 85253-3657Recording Date: 04/07/2009
Filing #090304465Trustee:FIDELITY NATIONAL TITLEPhone #(714) 573-1965
Auction Place:Superior Court BuildingAuction Date: 01/13/2011 @ 12:30:00Auction ID:09-01564-3
Orig Mortgage Balance:$2,268,000Orig Document #061018887Orig Date:07/13/2006
Orig Name: JAMIR N MILLERBeneficiary: AMERICAN HOME MORTGAGE SERVICING INC
5.
APN: 174-60-047Address: 6500 N 64TH PL, PARADISE VALLEY, AZ 85253-4339Recording Date: 07/23/2010
Filing #100629851Trustee:GUST ROSENFELD PLCPhone #(602) 257-7972
Auction Place:Trustees OfficeAuction Date: 01/13/2011 @ 10:00:00Auction ID:FT10010536
Orig Mortgage Balance:$7,495,000Orig Document #050735789Orig Date:05/31/2005
Orig Name: MK CUSTOM RESIDENTIAL CONSTRUCTION LLCBeneficiary: MK I LOAN LLC


6.
APN: 174-67-023Address: 6718 E ROVEY AVE, PARADISE VALLEY, AZ 85253-4109Recording Date: 10/12/2010
Filing #100891792Trustee:SNELL & WILMER LLPPhone #(602) 382-6000
Auction Place:Trustees OfficeAuction Date: 01/13/2011 @ 13:30:00Auction ID:58997.0005
Orig Mortgage Balance:$1,462,500Orig Document #080014452Orig Date:01/07/2008
Orig Name: TERRY MAYOBeneficiary: CHOICE BANK

Thursday, January 6, 2011

Old AZ story. NCFE?





http://www.nndb.com/people/648/000050498/

Gordon Hall, Charles Keatings son in law in 1986 http://www.people.com/people/archive/article/0,,20092789,00.html





IS THIS WHERE a relative lives?:

mom and dad used to be next door:
Arizona Regional MLS - IMAPP
Maricopa County Tax Report - 6447 N PALO CRISTI RD, PARADISE VALLEY, AZ 85253-3746
Report Prepared By William Donaldson
PROPERTY INFORMATION
APN: 164-04-099
MCR # 31202Link To Plat From County Recorder
Property Type: Residential
Property Address:
6447 N PALO CRISTI RD
PARADISE VALLEY, AZ 85253-3746
Maricopa County
Current Owner:
ROBERT & SHARON J BOYAJIAN JR
Tax Mailing Address:
6447 N PALO CRISTI RD
PARADISE VALLEY, AZ 85253-3746
Legal Class:
OWNER OCCUPIED RESIDENTIAL
Land Areas:
1. SFR GRADE 010-6 URBAN SUBDIV
Lot Size: 5.51 acres / 240,049 sf
County Zoning: R-43 / RESIDENTIAL WITH 43,000 SF MINIMUM (100.00%)
City Zoning: R-43 / RESIDENTIAL WITH 43,000 SF MINIMUM (100.00%)
Subdivision:
MEDICINE MAN RIDGE 4 LOT 1 2
Twn: 2N / Rng: 3E / Sec: 12
Block: / Lot: 2
Census Tract: 105103 Block: 3012
Lat: 33.530483 Lon: -112.003011
Legal Description:
MEDICINE MAN RIDGE 4 MCR 312-2
SUBDIVISION DETAILS FOR MEDICINE MAN RIDGE 4 LOT 1 2
Improved Lots: 1With Pool: 1 (100%)1 story: 13 story: 0Average House Size
Year Built Range: 1987 to 19872 story: 04 story: 04,419 sf0 rooms12 fixtures
TAX VALUATION INFORMATION (TAX AREA = 141100)
2007 Final2008 Final2009 Final2010 Final2011 Prelim
Full Cash Improved:$1,968,600$2,460,300$2,324,300$2,893,900$1,556,900
Full Cash Land:$402,400$503,000$482,100$600,200$322,900
Full Cash Total:$2,371,000$2,963,300$2,806,400$3,494,100$1,879,800
Percent Change:- n/a -24.98%-5.29%24.5%-46.2%
Limited Full Cash:$2,371,000$2,044,606$2,249,067$2,560,325$1,879,800
Total Assessed Value:$237,100$296,330$280,640$349,410$187,980
Tax Amount:$17,899.22$19,604.26$18,031.22$24,988.74County Treasurer Link To County Treasurer
SALES INFORMATION
Deed TypeSale DatePriceDownMtg AmtFinancingDocument #
SPECIAL WARRANTY DEED5/13/93$1,275,000$446,250$550,000Conv930295832
Buyer: ROBERT & SHARON J BOYAJIAN JRSeller: KEYCORP MORTGAGEMtg Company: GMAC MORTGAGE CORP
SHERIFFS DEED4/16/93$1,487,000$0$0930230863
Buyer: BANK OF AMERICASeller: KEATING JRMtg Company:
BUILDING INFORMATION
1. SFR GRADE 010-6 URBAN SUBDIVRooms: 0Fixtures: 12Area: 4,419 sfBuilt: 1987Stories: 1.00
Class:R6, CUSTOMConstruction:8 inch stucco blockPatios:1 - COVERED
Quality:EXCELLENTPool:Yes (575 sf)Covered Parking:Garage - 3 cars
Roof Material:TileAdded Value:NoneLand Premium:None
Heat: YA/C: RefrigerationAdded Area: None
SCHOOL DISTRICTS
Elementary:CREIGHTON ELEMENTARY DISTRICT #14
Secondary:PHOENIX UNION HIGH SCHOOL DISTRICT #210
FLOOD ZONE DETAILS
Panel: FIRM 04013C1670GZone: X2 (Areas determined to be outside the 500-year flood.)
Source: Flood Control District of Maricopa County, July 2010
© iMapp, Inc, 2011 | Information is believed accurate but not guaranteed. Buyer to verify all information.

Currently listed for $7,000,000








More:

Charles Keating: A man of contradictions

July 19, 1993|By Hiawatha Bray | Hiawatha Bray,Knight-Ridder News Service
Reading this book may make you wish that the late Orson Welles had taken better care of himself.
He might still be with us, ready to film his next masterpiece: the bizarre story of Charles Keating -- devout Catholic, loyal family man, daring real estate developer and bank robber. A "Citizen Kane" for the 1990s.
Michael Binstein, an associate of journalist Jack Anderson, and Arizona free-lancer Charles Bowden have written the best business book since "Barbarians at the Gate." "Trust Me" is journalism as Orson Welles might have practiced it -- not a cool, factual narrative, but a hilarious and rather scary tale of one of the strangest crooks of modern times.

The authors don't offer pat explanations of Keating's character. Instead, they use court records and interviews with Keating and his friends and foes to describe in detail the world Keating created and then destroyed.
Mr. Binstein and Mr. Bowden do ask us to take a great deal on faith. They admit that many of their anecdotes came from people who don't dare speak about Keating on the record, even though the man's doing 10 years in a California prison. Still, his criminal record is there for all to see, a catalog of astounding greed and corruption.
Like dozens of other financial wizards of the past decade, Keating realized that the deregulation of the savings and loan industry was essentially a license to steal. S&Ls once were the most conservative of institutions, kept that way by archaic federal regulations. The industry needed reform. Instead, it got anarchy.
S&Ls won the right to invest depositors' money in high-risk ventures, with the federal government guaranteeing to make up any losses to depositors. So S&L owners could invest in any smelly deal that hinted at a profit. If they were wrong, America's taxpayers were on the hook.
For Keating, a compulsive gambler who kept a craps table in his Phoenix home, the new rules meant he could break the bank. So he went out and bought a bank -- Lincoln Savings & Loan in Los Angeles. And then he broke it.
Through Lincoln, Keating lent himself hundreds of millions of dollars, in flagrant violation of such banking laws as still existed. About $80 million of the money was poured into Detroit's Pontchartrain Hotel. But that's nothing compared to the $300 million he poured into a huge luxury hotel in Phoenix.

There were many more deals. And then there were the millions in salaries, and the private air force -- three jets and a helicopter -- that whisked Keating to the world's most lavish resorts. And the vast contributions to friendly politicians.

All of these were paid for by people who'd simply wanted a safe place to deposit their savings. But at least the federal government will come up with the $2.5 billion these people lost. Thousands of others, many of them elderly, won't be so lucky. They put their life savings in uninsured junk bonds issued by Keating, and saw their money turn to wastepaper.
So where's the mystery? In the contradictions.

What can you make of a man who spends three days in a Yugoslavian peasant hut praying to the Virgin Mary, then hops his corporate jet for a trip to the casinos of Monte Carlo?
Keating donated millions to charity. When Mother Teresa came to America, his private air force was at her disposal.
But none of the money came out of Keating's pocket. Lincoln depositors and bondholders picked up the tab.
We learn that Keating routinely used racist epithets and claimed that the San Francisco bank examiners who investigated Lincoln were homosexuals with a vendetta against him. He loved to look down from his office window and fire the first employee he saw walking by. Yet he was horrified when he learned that many people despised him.
Keating became one of the nation's most prominent campaigners against pornography, and there seems no doubt that he genuinely hates the stuff. Yet he surrounded himself with attractive blond women, ogling them as they scurried through the office. Women who worked for Keating soon learned to cater to his tastes. So many of them got breast implants that one Phoenix plastic surgeon began offering a corporate discount.
There's a shocking or hilarious revelation about the world of Charles Keating on nearly every page of "Trust Me."
He comes across as a man driven by urges that even he barely understands. But rather than work through his passions with a priest or psychologist, Keating unleashed them on the American economy, with disastrous results.
Maybe with all that prison time on his hands, Charles Keating will write a book and explain himself, something Charles Foster Kane never did. Until then, "Trust Me" will likely stand as the final word on this enigmatic swindler.



FASCINATED:

Bruce A. Ericson
Bruce A. Ericson
Partner
Securities litigation, M&A and corporate governance disputes:
Mr. Ericson is co-leader of the firm's Securities Litigation team and the managing partner of the firm's San Francisco office. Since 1998, his batting average in obtaining dismissals of securities class actions and having them affirmed on appeal has been over .666. Mr. Ericson represents public companies, their boards and their senior management in securities and corporate governance disputes of all kinds, in SEC investigations and SEC litigation, and in internal investigations, including situations involving disputes among senior management and significant questioning by outside auditors. He was named "Northern California Super Lawyer" in securities litigation in 2006, 2007, 2008, 2009 and 2010.
Banking investigations and litigation:
Mr. Ericson represented federal bank regulatory agencies in the investigation of Charles Keating, American Continental Corporation and Lincoln Savings and Loan Association, and in an action against the former officers, directors and shareholders of Southwest S&LA, including Governor J. Fife Symington, III of Arizona. The Southwest litigation resulted in an eight-figure settlement. Mr. Ericson also represented a federal bank regulatory agency in a mediation against a Big 4 accounting firm (obtaining a seven-figure settlement) and in other investigations of directors, officers, lawyers and accountants.
Pardoned by Clinton, Fife that is:
LOVE THIS STUFF! Not made up: