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Show Citizen, Press, Review - Wed.. Dec. 16. 1992 - Page 18 Deadline Tues. Noon Deadline Tues. Noon FAX FAX (801)756-527- 4 COMMERCIAL RECREATIONAL RENTALS REAL ESTATE REAL ESTATE 1200 SQUARE FOOT retail space on Main Street, American Fork. Call AMERICAN BW-SM- 89 OLDS CIERA. ; 9'x15'-$39- Home: 756-348- 2 or E., Am. Fork. for Marvin at: IN DOWNTOWN 4 ACRE, COMMERCIAL LOT. Fronts State Street in American count. Now only $39,000 per acre. Call "E.K." Mansell Realty, Lane, FOR SALE FOR SALE FOR SALE 1988 FORD RANGER. Power windows, door locks, seats. Tilt wheel, cruise control, new shell 1987 CHEV SILVERADO PICKUP. SWB, 305 Fuel in- and carpet kit $61 00. after 5pm. 4x4. Air, tilt, dual tanks, Half-to- nice shell. 302 V8, $6500OBO. 768-082- Kevin, '84 FORD WAGON. 1992 TOYOTA '89 MAZDA PICKUP. Fun truck. Good condition. $5500. red. LTD. FORD S1595OBO. '89 New engine. CELLUIARONE "88 flatbed. Air, heavy-dut- y one-to- limillill n 785-400- 1 VEHICLE PURCHASED THROUGH , Dir. GRS LEHI. Needs major repairs, good location. Great pnce at $30,000. S LEMANS, Auto, 90CHEVK-54X- 90CORSICA,5-d,Tap- (.56 acre) 5800 N.. W. $23,900. LOT, $10,000. Curb, sidewalk, sewer, water. Peaceful, quiet, rural, remote setting in West Utah County. Magnificent view surrounded by majestic mountains. 26 Mi. to Provo. Don't lose it: call quick, "E.K." Lane, Mansell 785-603- Realty Office Home FRONT WHEEL DRIVE CARS 756-358- 1 768-381- 9 Melodie Westbury BEAUTIFUL HOMES WITH ANIMAL RIGHTS BEAUTIFUL BRICK RAMBLER, on 4 plus acres with Arena and Barn Priced Right at $167,000 (EKL1W) HOME ON 1 ACRE just reduced $10,000 REAL ESTATE FOR SALE LET RENT FROM one apartment pay for the other on this cute four bedrooms up, two bedrooms down duplex in American Fork. Owneragent, SUPER HOME ON reduced $10,000 OLDS CALAIS e CUTUSSSUPREME Realty in very 1 nice Highland area, ACRE near golf course just Diesels 4x4's Passenger Cars Agricultural Constant Velocity U Joints (C-SPICER, NEAPCO UNIVERSAL JOINTS Gaylon Pugh A NEW & USED Respected Name for over 35 Years! Open Monday thru Friday 8am to 5pm Manual Trans. We Build Transfer Cases Hydraulic Hoses Rear Ends Call for Free LEHI Estimates 544 East State stock of Bearings & Seals Large t N 5995 D 7,995 S B9 DODGE DAKOTA 5995 D 92SUNBIRDLE,Auto,AC 7,995 N 90FORDFESTIVA W E 92 BONNEVILLE SE E S 5995 92BUICKCENTURY,V-6,Aut- o 5995 D A '12,995 SOCHEVMTONTRUCK V 90 P0NT1AC GRAND D houses do have reason to be concerned. Oh , not so much about ghosts, goblins and ghouls, but more so about the specters and illusions that can menace the title of your home. When buying a home, it is wise to be well informed about the pitfalls and problems that may lurk in the shadows. Advance knowledge of these specters and how to avoid them - can save a buyer thousands of dollars. The illusions of a good deal have led many buyers into an early grave. Title specters are more commonly known as "clouds." They cloud a title so that it cannot be transferred, free and clear. A simple bill of sale or deed does not fully transfer the ownership of real estate. A title can be clouded in many different ways. A few examples: Forgery: In one case a couple returned from an extended tour in Europe to find, to their surprise, another family was living in their home. The other family produced a signed deed and claimed ownership. It was finally revealed that a scheming lady had seen the home vacant, forged a deed to herself, then falsely sold the home for quick cash and disappeared. Forgeries signed, even in the distant past, do not convey title. They menace or cloud a title until it has been legally cleared. Walking Dead: Another time, a "walking corpse" who had been declared legally dead showed up after several years to claim his family's home. The place had been sold to another party. This caused a real legal entanglement. Phantom Heirs: Oftentimes there may be an unknown heir at the time an estate was probated. In one case, a "phantom" heir was discovered living in Australia 17 years later. This put a specter in the title. Unknown Easements: it's possible to buy property with an unrecorded utility line across it. A farmer once owned 1 5 acres of farm land. He sold it to an innocent without saying anything about an easement. Years later when the sold it, a title search revealed that a gas line crossed the property. When the farmer sold this easement, the transaction was recorded, but as a part of another deed. Therefore, the prior title search missed that transaction. This created a battle. fail to have the note and trust deed Unrecorded Reconveyances: Often times a person will pay off a mortgage but returned and reconveyance recorded. Such a situation occurred where the title company and former lender both went bankrupt The bank had failed to sign a reconveyance before going into receivership. Shortly thereafter the title company went broke. It took nearly six months to clear up that specter. " situation when someone tries to buy Other examples: Law books are filled with similar cases. It is a from without seller a assistance and counsel. directly - The property may not conform to a lender's standards. - The property may have structural defects. - The home may have an illegal - The septic system may be illegal or well polluted. - The property may not conform to building codes or zoning ordinances. - The property may be encumbered with bonds and assessments. - The property may be involved in an eminent domain or condemnation action. - The land may have been illegally split. - The property lines may gap or overlap. - The title may be clouded with unrecorded prescriptive rights. - The legal description of the property may be different from fence lines.- The property taxes may have been billed in error and unpaid. - The property may be functionally obsolete and energy inefficient. - The age and taxes may be misstated. - The square footage of the home and lot size may be misstated. - The property may not appraise for the seller's asking price. The property may be in a flood plain, fire zone, landslide area, hillside, over an earthquake fault, or by a hazardous landfill. - The property may be in the path of a line, shopping center, airport development, etc. proposed freeway, - The property etc. with an encumbered mechanics be liens, option, IRS tax seizure, lis pendens, foreclosure, judgements, may 23 D N S D A Y D '10,995 5895 88roRDTAURUSLX.Auto.AC C E 5995 PRIX 90CHEVK-104X- 4 BUYER BEWARE OF HAUNTING HOME PROBLEMS w E $13,995 NISSAN PULSAR 188 I 5995 '18,895 90 SUBURBAN, 4X4, LOADED w 5995 E ACREAGE Pine Valley A $13,995 "89 IMPROVED. 5995 7,995 4 LOTS AND HIGHLAND, AC MITSUBISHI ECLIPSE n TS 12-23-- 92 OLDS CALAIS 92 POMTAC DRIVELINES and LlilttS MO INCLUDED WITH EVERY NEW OR USED tape deck, power steering. $4500, 125. $1500. YAMAHA-Y- TOYOTA, details. Only $475,000. FRAME RAMBLER, 756-424- from "88 OLDER 756-009- Cellular Phone Call 756-821- 1990 GMC 4X4 STEPSIDE. Excellent condition. Air, cruise, tilt, AM-Fcassette. Slider window, shell with carpet kit $12,900. Merry Christmas! MOTORCYCLES 79 Runs good. $500. 768-082teave message. Kevin leave message. Runsexcel-lent.$1595OB- DREAM HOME ON 2.5 ACRES. half-to- 768-857- Metallic 3,000 mi. $7300. 1961 FORD unibody truck, jected, auto, air, PW, PL. AM-Fcassette. Runs super. $6000. 756-337- 3 1992 FLAGSTAFF tent trailer. Excellent condition. Sleeps 6. GREAT AMERICAN FORK BUILDING LOT. N E. American ) (EKL-3J- TRUCKS Four-spee- $600OBO. Animal rights, big barn, corrals, etc., swim pool, tennis court, hot tub, Jacuzzis, 8,000 sq. ft. of luxury living, 10 bedrooms, seven baths, custom decorating, many more extras. Call for more PROPERTY . DATSUN-310- after 4. Fork. 100 x 95. Improved, ready to build on. Only $22,000. 440-S- 24' NOMAD TRAILER, many extras, one owner, good condition. $4500. 768-973- 756-866- TRUCKS 785-405- 1980 $125,000. AMERICAN FORK LUXURY COMMERCIAL great. $2995. . Excellentcondition. Call Two TRAILERS, CAMPERS 756-876- 1 NISSAN PULSAR. Sunroof. Nice condition, runs AMERICAN FORK. Service station and auto repair shop now. 2470 sq. fl building, 98 x 1 32 property. Excellent visibility. Only 76 N. 1100 COROLLA 1986 CORNER COMMERCIAL GREAT TOYOTA '91 1987HONDA600CBRMOTOR-CYCLE- 1985 $1500. seldom used, evenings. 756-229mint condition, low miles, $1 800 TRUCKS or see at each. Phone 756-659- 6 Outdoor Power Products, Lehi. 1986 CHEV SCOTTSDALE. Polaris cellent condition. $9000. after 5:30 p.m. All Pros Realty BEDS, WHEELCHAIRS, commodes, oxygen, other hospital supplies. Call 2 9977 cs 756-359- 1 Ak HOSPITAL 225-150- , Office: TRAILER. TRUCKS MOTORCYCLES SNOWMOBILE FOUR-PLAC- $5500. WAGON. Air conditioning, cruise, Low miles, ex- 12'x30'-$6- MISC. FOR RENT heavy-traffi- c V CARTWRIGHT 32 West 100 North, Fork, - MARVIN f , FORK STORAGE, ; Four-aoo- AC, excellent condition. 763-660- STORAGE UNITS VEHICLES AUTOS 4 (801)756-527- 5695 91BEREnLowfc.Ctean E C Olga, HOME OR DUPLEX. You choose. Great AF location. Four Folks who believe in haunted SAFARI EXTVAN, LOADED 4? -- bedrooms, two baths, two kitchens. Big trees! Only $76,900. All Pros ReCall Janet at 1 or alty, 5.5 ACRE RANCHETTE, 2100 sq.ft. seven bedroom home. $148,500. More land available for development at $1 3,500 per acre. East American Fork, near all utilities. "E.K." Lane, Mansell Realty 225-150- (EKL3J) ESTATE HOME. On four acres, On Pleasant Grove bench at end of private lane. Platted for 10 home sites. Deluxe 4,637 sf rambler. Paradise could be no better. Asking $350,000. Great profit potential Mansell Realty (EKL4B) m LNy U 23 Ownitft Uctty Qptr41 UiPISiBflSBIl 297 West Main, American Fork 756-353- (Jit) 3 "buyer-beware- RUGGED, RUSTIC LOG HOME. 2286 sq.ft. plus garage and covered porch on 2 acres, fronting State Street, American Fork. (Zoned commercial) Great profit potential. "E.K." Lane, $119,000. Call Realty Mansell (EKL3RJ) REAL ESTATE WANTED DESPERATELY NEEDED! $60,000 to $110,000 homes. Free market evaluation. I'll tell you what can sell your place for. Know what it's worth and take no less. Call 24 hours. "E.K." Lane, Mansell Realty. 785-603- WINDSHIELDS ad-o- mmmmw. rapid-trans- DRIVE TO SANDY and save. Call us for our very low cash price. You'll like our work and our prices. 18 years' experience. 9211 S. State St., Sandy. AUTOS FOR SALE 90 CHEV LUMINA. $6600. '91 GMC SUBURBAN .4 WHEEL DRIVE '86 DODGE COLT WAGON This list of specters can go on for untold pages. Protection: Sellers don't always divulge all the facts and problems that can affect the value of the property they want to sell. In many cases, they simply may not know. What's worse, some sellers are so desperate to sell they will tell a buyer anything to make the sale. Many of these problems can occur unbeknownst to the property owner. Many thousands of dollars have been lost in real estate transactions. It's for these reasons that all states have laws that require a person selling real estate to have a license to do so (owners excluded). It takes 90 hours of classroom study to get an agent's license. It exam. Once takes 120 hours for a broker's license plus 3 years of agent experience. One then must pass an exhausting licensed, a broker is required to protect and safeguard all parties equally in all real estate transactions. This includes buyers and sellers alike. In contrast, attorneys protect only the person they represent. For a safe, secure real estate transaction it is advisable for a buyer (or seller) to engage the assistance and counsel of a Realtor. It's their business. If they make an error or overlook one of these haunting problems, they can be held liable for any losses incurred. Most buyers prefer the protection offered by their Realtor. They cannot afford the losses that can occur. It's for this reason that 90 percent of all real estate transactions are consummated by Realtors. auto,air,stereocassette,power, cruise, low miles, excellent dition. $6595. 756-392- con- 84 FORD CARGO VAN. One-towith 460 motor. $1800. 1990 BUICK CENTURY. Loaded, low miles, excellent conaf756-259- 4 dition. $8000obo. ter 5pm, n If you're thinking of buying your own home, allow me to work with you. I'll direct you to the best values. You can select from over 1,500 homes. I'll arrange the best financing there is for you. My counsel and assistance will cost you nothing, and the price you pay will be at or below market value. Your call is welcomed 24 hours a day. E $3995 CAMPER SHELL WIRE WHEELS RUNS GOOD $1995 '90 CHEVY 34 TON 4X4 SWB EXT. CAB SILVERADO Eldwin"E.K."Lane Associate Broker Licensed since 1965 Home Office 785-603- 0 225 1500 '89 BUICK LOADED CUSTOM CENTURY AT AC $1 5,995 $4895 '91 GMC 34 TON 4X4 '88 FORD TAURUS SWB V6ATAC EXT. CAB 'LOADED sl 7,395 '92 S-- 10 PICKUP 501791 1990MERCURYTOPAZ.4door, 73 CHEVY PKKUP VISTA 4WD 501 87A LOADED! it five-ho- 1988 HONDA ACCORD DX. all power, bronze, Four-doo756-300great shape. $6800. !illiii!liKi?l!l;l!kVI:llI!;lfli;lLV(ij $6995 $4795 '92 4X4 FORD EXT CAB PICKUP TOTALLY EQUIPPED! LOW MILES $17,995 mw.mum |