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the great things happening. i thanked god he's given us a president who is intent on protecting the security and freedom ofririririririririririr. lou: amen, pastor. thanks for being us. good night. >> announcer: from the fox studios in new york city, this is maria bartiromo's "wall street." maria: welcome and happy weekend. i'm maria bartiromo. coming up, orascom investment chairman gibb * i -- that gig sawiris is with us. reporter: the jobs report outpaced the street's expectation. topping analysts expectations of
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188,000. unemployment rate ticked down to 3.8% in may. that's an 18-year low. despite the strong jobs report markets finished mixed due to fears of a pending trade war with china, the e.u., mexico and canada. italy is europe's fourth largest economy. president trump announced he'll impose tariffs on aluminum and steel on canada, mexico and europe. the president cited national security concerns as one of the
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reasons for the tariffs. the e.u., canada and mexico said they will respond in kind with tariffs of their own on u.s. products. federal regulators introduced a change to the volcker rule. and more bad news for germany's largest bank, deutsche bank. last week they announced they planned to cut 7,000 jobs as part of the plan to cut costs and overhaul its investment banging business. maria: while can investors are risk averse, my next guest seems to enjoy the. he invests in countries like iraq and north korea. he's not shy from political risk.
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he supported the sanctions against qatar and helped bankroll the movement that brought an end to the muslim brotherhood's rule of his country of egypt. naguib sawiris, it's good to see you. we have all of these things happening in the world from north korea, to iran, and china. you have found opportunities in a lot of these places that people would think are scary, like north korea. you founded a telecom company in north korea. >> most of of the countries, it's one of the few places that did not have the network. the three countries were north korea, miramar and cuba. the north koreans embraced the idea. first i had scepticism they
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would allow the population to own a phone, and today we have 3 million subscribers. there was a need for a new market. i have been there nine years and it hasn't been easy. maria: tell us about it. we know nothing about this regime. >> it's a closed economy. we can't operate the way we would prefer to. there is a lot of interference. there is difficulty getting your profits out of the country. and with the sanctions things got more difficult. maria: the president is supposed to meet with kim jong-un on june 12. what do you think and how crippling have the sanctions been in terms of the north korean economy? >> they have been very crippling. but the chinese keep them alive. the chinese could not close it
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completely. they use the leverage on the west. they create a new enemy in north korea. but the sanctions have been tough. but, you know, as i said, you have to -- when there is gestures coming from one side and a way to sit down and talk, it should stop. the three prisoners, therefore, we should embrace that. and then we see that talk. if we don't like the outcome of the talk we can resort to war. but what war? a war that would destroy south korea first. they must be frantic when we talk about war. maria: what is the china connection. tell us about that. i think for a while china was
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holding back on exports to north korea to get kim jong-un to the table. >> i think what they have done -- this should be applauded for it. they signaled some pressure. they have to deal with them with a lot of sensitivity. so i think they convinced him to talk. but i think the meeting is going to take place. and i think you will have immense results. only thing that needs to stop is rhetoric military joint through with north korea dismantling a nuclear plant. it doesn't make sense. maria: i understand what you are saying. >> the problem is to understand how can i say, the mentality of the other player.
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sometimes people are insensitive other cultures. if you respect me i will give you everything you want. maria: let me ask you about the culture of china. the way china and the u.s. have been interacting. this whole trade conversation. should there be tariffs? >> it's a good wake-up call. the chinese have always been taking the west for a ride. they stole intellectual properties and never paid for it. they closed the market. look at my market. it's all chinese. the equipment is all chinese. they don't aloirks sp, internet. even when uber tried to go there they created their own version and swallowed uber. we should put the tariffs to get
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a wake-up call. sometimes people think it americans are naive. they take you for a ride. it should not be like that. i support the president totally in this. maria: china has been stealing the u.s.'s intellectual property for years. when you wanted to go and operate in china. you will only get a 49% stake in a joint venture. and the board of directors says put all our technology on the table. >> 49% if you are lucky. maria: they won't even admit they steal intellectual property. how do you fix it? >> you fix it by employing other sanctions. do you think all the people using microsoft are using legitimate licenses? i doubt. maria: vte.
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your thoughts. >> i have seen them in situations. they have always glen whether they should not be. i don't think -- they are the worst from everybody. i think they need a wake-up call. but the president seize an opportunity to play them against the others. the chinese should open the markets to western players. they can't just come here and try to buy stuff and export the goods while they are closing their markets. and they are. maria: i want to ask you about the middle east and i have to ask you about why so much much your tour tune is in mining and gold-related assets. stay with us. "wall street" comes right back. >> announcer: the cost of doing business with china. the trump administration pushing ahead with tariffs on china. naguib sawiris says that's fine by him. >> the chinese have always been take you and the west for a
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so i can keep growing my business in big leaps! what's in your wallet? maria: welcome back to "wall street." orascom's ceo naguib sawiris is with us. i think the united states had issued with our friends like egypt and the saudis during the obama administration. how would you characterize our relations today versus the obama administration? >> i think the obama administration was a disaster. the policy in the middle east was a disaster answer we are paying the price today. we would not be in this situation today in syria if obama had kept his word when he said if you cross the red line.
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and they didn't do anything. the significance of that is it made the u.s. look weak and side that they are threatening without action. the first thing they type to not do that. if you say something, you should act on it. on egypt they sold us out. they supported the muslim brotherhood thinking it would be different from a terror organization. they were the from the office of a terror organization. they dropped mubarak and they didn't try for a reasonable transition and support the muslim brotherhood. iran, too. $150 billion and they can go back to business as usual. maria: what do they do with the $150 billion in cash? >> exactly. maria: do you think that perception has changed with president trump in place?
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>> except for the moving of the embassy in jerusalem, i don't think this step is good for the peace loving israelis. i believe in the right of the jewish people have their own state and capital. but the pictures we see today in gaza and the shooting of people who are not armed it's not helping the image of israel. and it's take the role of the u.s. as an honest broker in the peace process into doubt. even for me as a christian, i don't want my holy places to be under any certain religion. israel says we wanted to be a jewish state. so it should be open to everybody. i know they would open it to everybody. and they have the right to have to. but if we already decide that jerusalem there is, what do we want to negotiate. there is a lot of muslim holy
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places in jerusalem and the christians, too. why do you decide something before you push people to sit on the negotiating table. who is going to trust you now that you have take besides. bar report saudis have seemed to have befriended the united states. >> i get into lots of trouble when i make my remarks. i think the process was not right. maria: i want to get your take on gold and how you are repositioning our portfolio with exposure to gold. we'll be right back with naguib sawiris. >> announcer: egyptian billionaire naguib sawiris is putting his money in mining assets. polident is specifically designed to clean a denture.
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maria: i'm speaking with orascom's naguib sawiris. we were speaking about the crumbs yakdown in saudi arabia. how is that affect yoirn investment strategy. >> i'm not in saudi arabia. it's pushed me to be more bullish in gold. i invested in gold mining shares. i'm largest shared holder in two of the world's mining companies in afl -- in africa * and austr.
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it's an anti-inflationary place to put your assets. but it was misconceived by me when people said i changed my net worth into gold. no, i invest in gold mining companies because there is a 30% to 40% discount when you might yourself. and you can bring the business aspect. mining companies don't have a businessman on their boards. they are miles an hour, geologists or bankers. so when you come as a businessman you start to think in a business way. every time i give suggestions on the board they look at me and said yeah, you are right. it's like investments in exploration. they don't take risks on exploration.
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i push the companies when i'm a shareholder to take risks next more sayings in corp southern gold. maria: what does that say. >> copper has a lot of industrial uses in cars and homes. and gold, the demand in china and india. they are all going to wear something in gold all the time. if you look at the big findings, there haven't been big findings in copper or gold anywhere in the world. so i think down the road we'll have less, you know, less offerings and that means higher prices. maria: so your investments are in related mining companies. tell me where you seat stocks? >> i'm worried now. every few years there is a big correction that happens. i think we are bound to see in
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the near future a correction. everywhere. maria: emerging markets are having a tough time, but there is a lot of conversation emerging markets is the place to be. >> some places like egypt are on track. i would ask for people to invest in egypt. we have done the right things with the imf. we didn't try to argue too much. and we removed the subsidies. i think foreign investment is coming back. the foreign currency issue has been eliminated. we can come in and go out with your investments. egypt is a good place to do. china, i wouldn't -- we didn't have a choice to goin veftd there. india, i'm not sure. also some difficulties there. maria: you say china is such a closed society there is not an
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opportunity to invest there. but you have been in north korea. >> you can't consider north korea as part of the world economy. but china is. i went to north korea because i feel i am doing good. people there didn't even have a fixed line at home. the fact that there are 3 million people who can talk to each other. bar rar basic phone or smart phone. >> both. the phones are very expensive. maria: amazon and others are facing the prospect of more regulation. >> it's a good thing. if i complain to them, they say it's none of our business. if someone threatens your life, you should be able to react
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against it. if you report to them that this is incitement, sometimes they don't do anything. it should be clear rules and clear laws. most of of these social media being utilized by the dark web and the terrorists, they are having a journey now. bar require looks like it's come together sector. it was great to see you. don't go anywhere. more "wall street" after this. insurance that won't replace the full value of your new car? you're better off throwing your money right into the harbor. i'm gonna regret that. with new car replacement, if your brand new car gets totaled, liberty mutual will pay the entire value plus depreciation. liberty stands with you. liberty mutual insurance. dad! hiding when i was supposed to be quitting. i thought, i should try something that works. i should try nicorette. nicorette mini relieves sudden cravings fast.
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comcast, building america's largest gig-speed network. maria: time for a look at the big market events coming up that could impact your money. we get the latest data on factory orders and dell technology reports quarterly findings as well. tuesday it's market movers like
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the job openings report. and the ism. the non-manufacturing service is out. thursday, the initial jobless claims and the consumer credit reports it out. we'll get earnings from cooper companies. friday we end on wholesale trade. coming up next weekend, vanguard troop founder jack vogel is my special guest. we'll get his take in terms of investing. i will see you sunday morning. devin nunes is joining the program. catch me live. tune in week days on the fox business network for morning
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with maria. thanks for jirng us today. i will see you next time. >> i'm bob massi. for 35 years, i've been practicing law and living in las vegas, ground zero for the american real-estate crisis. but it wasn't just vegas that was hit hard. lives were destroyed from coast to coast as the economy tanked. now it's a different story. the american dream is back. and nowhere is that more clear than the grand canyon state of arizona. so we headed from the strip to the desert to show you how to explore the new landscape and live the american dream. i'm gonna help real people who are facing some major problems, explain the bold plans that are changing how americans live, and take you behind the gates of properties you have to see to believe. at the end of the show, i'll give you critical tips
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you need to know in the "massi memo" because information is power. and the property man has got you covered. [ woman vocalizing ] thanks for joining us. i'm bob massi. frequent viewers of this program have seen me highlight some of the amazing work done by the charity building homes for heroes. they're a national non-profit that builds or modifies beautiful mortgage-free homes and gifts them to injured veterans and their families. >> we'll gift a home this year every 10 days. >> it started in 2006 by businessman andy pujol. >> building homes for heroes is my way to serve our country, to serve the united states of america. >> but the story of how the group came to be is what brings me here to tucson, arizona. in 2003, army sergeant mary herrera was a military police officer serving near fallujah, iraq.
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she was working as the gunner on the lead humvee of a convoy when, suddenly, they were ambushed. >> i see two guys up on the bridge. by the time i looked up, we were already getting hit. >> wow. mary was immediately hit in the arm by ak-47 fire. >> i immediately start to suppress fire with -- with the machine gun. and i got hit the first time on my upper right bicep. i could still use my arm. i could still suppress fire. >> so it's still functional at that point. >> it was still functional. it was still functional at that point. now, i'm holding the rifle and firing. and all of a sudden, my right hand falls to my left. >> all functions gone? >> all functions gone. the only thing attaching my hand to my arm was skin. my vehicle commander looks at me. and the look on his face told me that the arm was gone. >> wasn't good. yeah. >> yeah, it wasn't good. >> she lost sensation in her arm. and the doctors said she probably would lose it completely. >> the first thing that i heard was she's alive and she's gonna make it.
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but, uh, she's being seen by the doctors and the surgeons and everything. >> how many surgeries did you have? >> i've had, uh, 23 surgeries. >> is there any other future surgeries you need? >> oh, absolutely. >> mary recovered at brooke army medical center and, through some fellow injured soldiers, met andy pujol. >> that's when andy, you know, decided that it would be a good idea to be able to give back to those who had given us so much and, you know, give 'em a home. >> we made a promise to gift homes to veterans. >> when he launched the charity, mary acted as an unofficial spokesperson. >> she jumped onboard. she helped from day one. she joined in every effort, every endeavor. >> i was so proud of her because she wanted to help others like her. and that really helped her, too. >> and i wanted to help her from day one, but she guided me to help others. every veteran who receives a home from building homes for heroes, she has her name on it. there's a place in every single home where mary's heart is. >> she never asked for anything
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for herself. but andy always wanted to give her a home. >> andy says to me, "mary, um, i want you to be one of our home recipients." and he announced it during the gala at the golf house. >> he has a tendency to do those things, doesn't he? >> he likes to surprise. >> he's all about surprising. >> she just kinda laughed and chuckled and -- and said, "no. no, no, no. but i know a really good veteran that needs a home." and that was always the answer. she always had another veteran that needed our help, that needed a home. >> i was like, "no, no. i'm not with building homes for heroes, you know, to receive anything. i'm just here to push the -- the gifts out." right? >> but andy finally convinced her. >> you can't argue with andy when andy's made up his mind. so, you know, here we are now, standing in this beautiful home. it's been nothing less than a godsend. it's the absolute american dream. >> we have received this beautiful, wonderful opportunity from chase. >> chase donated a formerly foreclosed home, which was completely gutted
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and renovated. >> building homes for heroes was able to make this home fit my needs as far as my injury, where my injury might be 10 years from now, whether or not i still have my arm. the floors, you know, they were porcelain or ceramic, very slippery. because of my injury, i'm not as steady on my feet. so i lose my balance. we ripped out the ceramic flooring. building homes for heroes asked me what i wanted in the kitchen because i might not keep my arm forever. so by putting these, um, handles that are easy for me to grab with one hand, doing the soft close, the open and soft close. um, they also did, uh, one of these here where i can just pull it down with one arm and pull it back up. >> very functional for you. >> right. mm-hmm. the master bathroom is probably the main thing. building homes for heroes gutted the whole bathroom, redid it. and it's a therapeutic tub. >> i can see the jets, huh? >> the jets. >> this is like a jacuzzi. >> yeah. and you can change the pressure. >> how does that help the injury you've sustained? >> well, it relaxes the nerves that have been tensed up throughout the day.
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>> of course. >> it's a lot better to take a bath than to take a pain med. >> no question. building homes for heroes -- they never consider the work to be truly done. now, it's years later. they are still improving mary's home, completely overhauling landscaping and the backyard. >> we took out about 175 tons of dirt and grass and debris from the backyard. my overall goal was to make sure she had a beautiful backyard that she was able to maintain with no problem. >> they've redone the whole backyard and front yard, made it so functional for the kids. they've done a remarkable job. >> she hasn't seen andy in years. but we decided to bring him out to arizona with us for a little surprise. andy pujol. >> yes. >> what does he mean to you? >> he's nothing less than a family member to me. he's been a great father figure for me. [ gasps ] andy! >> [ laughs ] >> andy. >> hello, beautiful. >> andy.
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[ indistinct conversation ] >> yeah, i'm gonna. >> oh, i love you. >> when you look back, as tragic as it was, it's a blessing that you're here. >> it is. and it's the best thing that ever happened to me. >> in what way? >> you know, serving in iraq and coming back with the injuries, it opened me up to a whole different perspective of life. and the best part about it is we need americans like andy pujol. oh, what a wonderful surprise, andy. i love you so much. >> i missed you. >> it's the best way to teach your children to serve others. >> mm-hmm. it's a good idea. good perspective on it. >> it's a great -- yeah. it's a great way for them to grow up and know that the american people, you know, made this happen for you, you know. so it's your turn to turn around and serve others. >> mary allowed us the opportunity. and we've all heard of the movie "pay it forward." and mary has paid it forward 1,000 times over.
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>> when we come back, to rent or buy. it's a question millions face every day. i'll give you the information you need to know before you decide, up next. [ woman vocalizing ] and the safey for "most parallel parallel parking job" goes to... [ drum roll ] ...emily lapier from ames, iowa. this is emily's third nomination and first win. um...so, just...wow! um, first of all, to my fellow nominees, it is an honor sharing the road with you. and of course, to the progressive snapshot app for giving good drivers the discounts -- no, i have to say it -- for giving good drivers the discounts they deserve. safe driving! jardiance asked: when it comes to managing your type 2 diabetes, what matters to you? you got a1c, heart, diet, and exercise. slide 'em up or slide 'em down.
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so let's see. for most of you, it's lower a1c. but only a few of you are thinking about your heart. fact is, even though it helps to manage a1c, type 2 diabetes still increases your risk of a fatal heart attack or stroke. jardiance is the only type 2 diabetes pill with a lifesaving cardiovascular benefit for adults who have type 2 diabetes and heart disease, significantly reducing the risk of dying from a cardiovascular event and lowering a1c, along with diet and exercise. this really changes things. jardiance can cause serious side effects including dehydration. this may cause you to feel dizzy, faint, or lightheaded, or weak upon standing. ketoacidosis is a serious side effect that may be fatal. symptoms include nausea, vomiting, stomach pain, tiredness, and trouble breathing. stop taking jardiance and call your doctor right away if you have symptoms of ketoacidosis or an allergic reaction. symptoms of an allergic reaction include rash, swelling, and difficulty breathing or swallowing. do not take jardiance if you are on dialysis or have severe kidney problems. other side effects are sudden kidney problems,
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>> welcome back. i'm bob massi, the property man. for decades, the american dream was home ownership. >> ♪ ain't it good to come home ♪ >> over the years, the amount of people owning homes steadily grew. that is, until the housing collapse and the foreclosure crisis began reversing that trend. >> there were a lot of people where were forced into rentals because they were not able to make their mortgage payments anymore. >> every day, more than 2,600 new renters enter the market. so what happens? rental inventory gets squeezed, and rents increase across the country. >> a lot of new homeowners especially are paying
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extraordinary amounts of rent. >> so now the tide may be about to turn again. >> we're seeing individuals that had to rent starting to come back into the marketplace to purchase. >> how do you know if you should rent or buy? >> like any large financial decision in your life, i think that requires a lot of thought, uh, a lot of planning, and a lot of consultation. >> first of all, you have to really evaluate your situation to see where you do stand financially. >> getting with that mortgage person early on is -- is very important. they can look at your credit scores. they can look at, um, you know, your history of income. >> take the time to do a buy-versus-rent comparison, factoring in your specific circumstance. >> what are your needs for your family, for you? is it a good school district? do you prefer a pool? what do you want out of the home? and then let's talk about what you can afford. >> realtor.com has a rent-versus-buy calculation
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where you can input the location you're looking at, a potential purchase price, and a potential rent. >> take care of pregnant wife. that's you. >> chris and kat moved to arizona and decided to look into buying a home. >> we were kinda looking at both options of renting and buying. >> what made you decide to buy as opposed to continue to rent? >> the affordability was almost equivalent to what renting would be here. except we had more square footage and a yard. >> their realtor showed them this 1,400-square-foot three-bedroom home. >> we definitely saw it as an -- an investment, where renting, that's not even an option. it's always just giving out money. >> growing up, um, i really, uh, valued my parents and how they -- they bought a house and just how much it appreciated over time. >> so what things did you look into financially? >> in addition to, i mean, the mortgage, this house had an hoa. >> homeowners association. >> mm-hmm. homeowners association. >> remember, home ownership's costs are much more than just your mortgage. >> you've got also
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your operational cost. >> the prices of water and -- and gas and, um, all those additional things that sometimes are packed into a rental agreement. >> even putting aside hoa dues and insurance, there's property taxes, landscaping bills, water, sewer, and utility costs. >> if it's a home that, uh, is not energy efficient, you know, that could be a really large amount that you're paying monthly. >> what if an appliance breaks? what if, um, you know something needs to be fixed? you do need to have that money kind of set aside for an emergency situation. >> so all of that needs to be factored in the actual operation of the home. >> could you qualify for a mortgage even if you want one? well, sometimes first-time buyers have trouble because they've only rented before. they might not even have any credit established. >> there are programs that allow for a nontraditional credit. so we can check things like an electric bill, um, or even a cable bill. >> if renting is what works for you, there's still a lot to think
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about before signing on the dotted line of that lease. a lease may not be a mortgage. but remember, it is a contract. and a contract is binding. >> you wanna have a good understanding of what your security deposits are for and what could happen that would make it, um, so that you wouldn't get that money returned. you wanna have a clear understanding, want your lease to spell it out very concisely. >> it's important money that a lot of times is hard to get back. >> we will walk through and double check every piece of the property. >> go into each room. check them out. make sure that everything's in order. >> look at the windows and the light switches and the flooring and the walls. >> the way it looks when you go in, it better look close to that when you leave. if it doesn't, that security deposit we're talking about, you're never gonna get it back. when it comes down to it, deciding to rent or buy is a very personal decision that you have to make based on the specifics of your own situation. so do your research
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before you make your move. up next, as the property man rolls along, we'll go inside this magnificent estate. you don't want to miss it. [ woman vocalizing ] man: i got scar tissue there. same thing with any dent or dings on this truck. they all got a story about what happened to 'em. man 2: it was raining, there was only one way out. i could feel the barb wire was just digging into the paint. man: two bulls were fighting, (thud) bam hit the truck. try explaining that to your insurance company. woman: another ding, another scratch. it'll just be another chapter in the story. every scar tells a story, and you can tell a lot more stories when your truck is a chevy silverado. the most dependable, longest-lasting, full-size pickups on the road. where we're changing withs? contemporary make-overs.
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>> welcome back. time now to get another peek behind the gates of a luxury property just hitting the market. this elegant 4-bedroom, 4 1/2-bath luxury home was custom built in 2014. it's currently listed for $5,995,000. i wanted a tour. so i turned to andrew beardsley, an agent with silverleaf realty. so what makes this house so special?
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>> it's twofold. i think the location, northern scottsdale, a part of the dc ranch master planned community, close proximity to the silverleaf club and spa, and then, really, the overall design style. it's a very clean, formal mediterranean look. >> mm-hmm. >> and really get a sense for big, open spaces, 11-foot doors, 15-foot-plus ceilings. i mean, they really wanted to open this up to -- to show the grandeur. a lot of different styles could go in this home. if you wanna be a little more contemporary... >> you can. >> if you wanna feel a little more formal, like they have it set up now, it really can lend itself to a lot of different styles that people have. >> no expense was spared with the finishes. marble flooring, european oak, limestone, and marble countertops. >> you really see the care that was placed into the finishes, the furnishings... >> the top-line appliances were not just bought and placed here. they were built into the custom cabinetry. >> they've got the wolf and sub-zero appliance package.
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you might not even tell, but it blends in like a nice piece that you would buy. >> it's like a piece of furniture. >> it absolutely is. you would never know. >> and, you know, the furniture, you know, i mean, it's elegant. but it's simple. >> right. >> you know, it fits the home and the character of the home and the whole ambiance of the home. >> and you can see how you would use this as a family. >> absolutely. >> have breakfast here. sit at the breakfast bar. >> absolutely. now we're into the master bedroom area. >> we are in the master suite, yes. you can see european oak wood floors, the very clean detail throughout, the sitting room behind us. you really have your own dream space back here. >> and with a view of where we, you know, the backyard, the guest house. >> you wake up to the best view in the house. >> yeah. >> you've got the private patio behind me that you can access. really, it would be hard to leave this space. >> let's go look at the bath area. >> oh, please. the marble flooring, his and hers sides. >> this brings a whole new definition to a closet, okay? >> yes, it does.
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uh, this wouldn't be his closet. >> this is a room. this is a bedroom. this could be multiple bedrooms, actually. >> absolutely. you've got the full gym for the fitness buffs. one thing i can say about scottsdale, everybody seems to be fit. >> oh, yeah. absolutely. >> this is a room you could stay fit in, for sure. everywhere you go in this house, you are drawn to the natural light and beauty from the outside spilling in. the 7,600-square-foot formal mediterranean home sits on a lush estate hidden in the desert with just under 1 3/4 acres. so let's go take a look outside, because when i came through the front door, that's breathtaking. >> oh, yeah. everything in the home leads to the outside. >> i'm tellin' you, it reminds me of "the godfather." >> 1.7 acres out here, looking straight out to the mcdowell mountain preserve, unobstructed views. it just feels very private back here. this is your own private desert oasis, very lush. everything inside is leading you to the outside. >> and nobody ever believes
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that a home like this would ever exist in the desert. i mean, really. >> and i don't blame 'em. >> the house features a truly relaxing oasis with a pool and spa and separate 516-square-foot guest house. i mean, i was inside the casita. i could live there and never leave. you've got the lap pool. >> absolutely. >> i mean, it has its own kitchen. it's self-contained all the way around. >> it's got its own kitchen. we're gettin' ready to walk past the -- the private spa over here. you can access it off of the patio off the master suite. >> yeah. >> the detail in the landscaping and the landscape architecture, and it really sets itself apart. other side, you've got the bocce court. so its an entertainer's dream. but it's also a great family home. >> self-contained. you don't have to leave. >> no. you really don't. >> if you don't wanna leave, you don't have to leave. when you look at this home and you see what comes with it and the ambiance that you create, almost like you're alone. >> absolutely. >> when i heard the price, i'm not saying that that's not a lot of money. but i would have thought it would be more than that.
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>> you can really get a sense for the clean lines of the architecture. >> very much so. >> it really has a good blend of entertaining, family living... >> everything anybody could ever imagine in a home. >> right. >> at the same time, i have to say, as lush as it is, it feels lived in. it feels -- you could have a beautiful family in there and really enjoy the home. >> and it is. this is a family home. they've got young kids. they use the home. they use the pool. and it still shows like a piece of art. >> still to come, the "massi memo" with more information on renting versus buying and when it's time to take the plunge. stick around. [ woman vocalizing ] i have to tell you something incredible. capital one has partnered with hotels.com to give venture cardholders 10 miles on every dollar they spend at thousands of hotels. all you have to do is pay with this... at hotels.com/venture.
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and while some advisers are happy to earn commissions from you whether you do well or not, fisher investments fees are structured so we do better when you do better. maybe that's why most of our clients come from other money managers. fisher investments. clearly better money management. >> welcome back. i'm bob massi, the property man. and it's time for the "massi memo." earlier, we talked about renting versus buying and how you can know which is right for you. as with so much else, there's no magic answer. it depends on all sorts of different variables like how long you're planning on staying, what kind of financial resources and credit you have, what your priorities are in terms of location, transportation options, and amenities, and, of course, the total monthly costs of each. now remember, looking at monthly cost does not just mean comparing rent versus mortgage payments.
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don't forget about things like hoa dues, homeowners insurance, property taxes, landscaping, utilities, water, and sewer. it goes on and on when you own a home. realtor.com has a rent-versus-buy calculator that is a great place to start. using it, you can see at what point home ownership pays off based on your specifics and then decide if it's the right move to make. whatever you do, do not make a decision like this on a whim. and don't listen to everybody, only people who know what they're talking about. do your homework. research your options. and make the smart move. that's all the time we have for today. be sure to send me your property stories, questions, or pictures of your property bloopers. send them to propertyman@foxnews.com. and don't forget to check us out on our facebook and twitter. there's also plenty more information and videos on our website,
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foxnews.com/propertyman. i'll see you next week. [ woman vocalizing ] >> lou: good evening, everybody. our top stories, diplomatic drama as the united states and north korea making a last ditch effort to save the singapore summit. secretary of state pompeo warning that kim jong-un must make major concessions if we wants to sit down with kim jong-un. and president trump keeping promises and putting american workers to work.

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