OCR Text |
Show mi l. top timi:s lime PARTI i:. i;7(j REC0N Record maker A Home HuNTiNq Buying a home requires planning and evaluation of your family's needs and your budget. The National Association of Home Builders provides this method to help you with your house hunting: out what you can pay. First, determine how much cash you can get together for a down payment. Next, consult a lending institution to find out what monthly payments are required for different mortgage loans. Then, compute how much of your monthly income you can spend on a monthly mortgage payment. Add the amount of the mortgage that you can afford to the down payment and you have determined the price of the house that you can afford to buy. 3. Begin the hunt. Read newspaper ads for ideas and query real estate agents. As you "shop," you will be comparing neighborhoods as much as homes, and will be considering how convenient the area is to shopping and schools, what public transportation is handy and how the neighborhood is zoned from commercial areas. 4. Find the mortgage money. Your builder, real estate agent or loan officer can advise you about the several types of mortgage loans available and how you apply for them. 2. Figure step-by-ste- p Analyze your needs: 1. Do you want to live in the city, suburbs, or in the country? How long are you willing to spend getting to and from work each day? How many years do you intend to live in the home? How many bedrooms, baths and garage spaces will you need? What special needs should be met? such as a sewing room or workshop Realtor Paul C. Silletti By COMMONWEALTH Taxes Hit Elderly QUESTION: keep hearing about how real estate is a good way to become financially independent. Is this wishful thinking or are there facts to back up this claim? ANSWER: According to the U.S. Chamber of Commerce six out of every 100 persons over age 65 are financially independent, and that five out of these six became so through the ownership of real estate. IE The Department (I Defense has announced that planning is under way to establish a Force joint Navy-Ai- r missile test program which c air-to-a- ir 'r OPPORTUNITIES TO LIVE - ( Force F-1- F-1- 4 and Air fighter aircraft in 5 mock aerial dogfights Over 2500 sq. ft. living space in the beautiful french style bi level. Has 4 bedrooms, 3 baths, 2 fireplaces, air conditioned, double garage, Brick wall around the garden. Also includes buyer protection warranty. $49,950. 3 - ( ( 4 - PERFECT FOR HORSE LQVERS 5 - This 3 bedroom all Brick home on I' acres, Has 60 ( Fruit trees, 3 baths, double garage, Apt." in basement. Has ( $69,900. Buyers protection warranty. the Force Air Secretary Reed it $341,140.88. Speaks For Secretary of the Air Force Thomas C. Reed said the recent maiden flight of the third B-- l "further assures that all test objectives will be met or exceeded by November when we expect to award production contracts. "In the 39 test flights and 188 hours already flown by B-- l prototypes, the aircraft has clearly TAX & LICENSE B- -l demonstrated its capability to fly its primary mission" said Mr. Reed. "It has had more prcproduction testing than any military aircraft yet produced, and our store of test data w ill continue to grow as the three prototypes continue to fly. By November, by any measure ol merit, it will be time to proceed with production of this essential modernization of our defensive forces." (AFNS) SOLD - 3 fireplaces, 2' baths, double garage, full length deck. Beautiful view. Listed at $67,900. Call us to see this home and make an offer. ( which replaced the five.tet ' position leak detectors and Computers will monitor the mock combat and assist in 'killed" aircraft identifying during the engagements. They will also reveal the relative utility and effectiveness of the svstem tested. (AFNS) On this Beautiful 5 bedroom executive home. MUST BE ( detectors were purchased saved ( ( As a result of his action, two VEECO model 90 ABC leak aircraft.- - E WS500 New 3 bedroom rambler, buy now and pick your own floor coverings. IV4 baths, fireplace, self cleaning oven, full unfinished basement and double garage. $44,800. with simulated "aggressor" F5E FOR A NEW 1976 SCOUT 4x4 2 ( involve Navy UN BE 1 ( tests called air intercept missile evaluation and air combat evaluation, t 'nder the overall direction ol Defense Research and Kngineering. will evaluate new concepts in actual flight testing is and to scheduled technologies. techniques presently The program is to identify a commence this fall at Ncllis common missile system to AFB. .Nov. combat air The replace the Sidewinder in the 1980s. instrumentation maneuvering The program is divided into range system at Nellis will be two independent hut related used for testing. The tests will Comfortable - 3 bedroom rambler with family room, fireplace, double garage. Hi baths, fenced yard, sprinkler system and only year old. Includes buyer protection warranty. Priced right at $43,700. i more cost effective equipment to accomplish the testing processes. obtain IN EAST LAYTON 1 conducted a management study, and used value engineering techniques to Force Missile Test Program To Be Established r it Scatter 5 Navy-Ai- Schuenman equipment. Before the equipment was purchased, Mr. Schuenman 81009. ANSWER: Unfortunately, no. During the last census, it VV. J f n Grant W. Schuenman saved the Air Force over $341,000 under the RECON Program. Before, his action, a request was submitted to purchase five new test position leak detectors as replacements for the same number of worn out 6. Find out what the "closing costs" will be. These can vary, but generally the costs include fees for title searches and title insurance, credit rating reports and property surveys. For more information on home buying, the Housing and Urban Development Dept. (HUD) has published Wise Home Buying (1 80 D), which is available free from Consumer Information Pueblo CO QUESTION: I've always complained about real estate taxes, but now that I am on social security. It seems to be harder than ever to meet each increase. Is it this way for all age groups? I (irant 5. Know what you are signing. You will probably sign a sales contract prior to the final paper work for the actual purchase. As with any legal agreement, make sure you understand everything in the contract. REALTY was determined that elderly Americans, hard pressed at best to survive on fixed incomes, paid almost twice as high a percentage of their incomes for property taxes than any other age group. Homeowners 65 or older paid more than 8 percent of their incomes for real estate taxes. Those from 55 to 64 paid 4.8 percent, and all other age groups paid 4 percent or less. , SPECIAL SNAFU Scout Traveler, 118"W.B., 5,500 miles, Loaded, Trailer Towing Pkg. List Price $7,235.50 - Discounted to $5,795 plus tax & license. DEMO 1976 y, ( ( ( THE WASATCH FRONTS ( TOTAL REA LTOR o o V qTLW 4? ( LAYTON 376-128- 3 BOUNTIFUL 322-249- 7 SALT LAKE 966-147- OGDEN CLIENTS PLEASE CALL 1 773-211- 7 409 Largest Selection in Utah Convertibles, Baja Buggies Trucks International Salt Lake City 3647861 West 400 So. - n"n UUU. YOU ARE A BOttM LEADER, HAVE A STRONG CHARACTER AM) ARE WITTY AND INTELLIGENT HAfHAl IT HAS YOU S? WEIGHT VVCONu TOO." |