Mondrian headed toward foreclosure

Mondrian headed toward foreclosure.

First we heard about the ever hip “W” in old town (downtown) Scottsdale facing financial woes; next the Intercontinental Montelucia resort in Paradise Valley made it to the front pages of the AZ Republic months ago and not just because President Obama decided to stay at the uber trendy Moroccan inspired resort by breaking tradition and snubbing the Arizona Biltmore resort (which incidentally has had it’s own share of problems and made it on the auction block along with The Wigwam in Litchfield Park) but now the Mondrian is heading in the direction of foreclosure.

What’s next one has to wonder? It’s the Holidays and I know what you’re thinking.  Let’s spread joy and cheer and enough of the doom and gloom already.  The silver lining.  Keep this in mind.  For every dark cloud there is always opportunity for those with the right mindset and means.  So, while it’s someone loss and it’s sad, the truth is someone savvy’s gain is just around the corner.

That’s my message this holiday season.  Keep looking forward.  Opportunity and fortune truly favors the brave and the bold.

Mazal tov, Happy Hannukah, Merry Christmas and Merry bountiful opportunity to all…

Uzi Husain,

Certified Short Sale Negotiator, REALTOR(R)