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Show PACE 4 The Timet-lrtdepende- Ex trs! nt The Utah Mousing Corporation has released $25 million in bond funds to finance mortgage loans for 250 low and moderate-incomhomebuyers across the state. This followed a refsirt issued by the Joint Center for Mousing Studies at Marvard University indicating that of nearly Americans spend more than half their income on housing. Financial advisors stress that a family should not have of its to pay more than Jianfe i Jewelry Pottery F L'RNITVRZ Rues Kackinas Baskets Sculpture e two-third- d monthly household income housing costs, which include mortgagerent, insurance, utilities Main Moab UT 435-259-81- e or. Utah's Largest 6i Finest Selection & low-incom- s one-thir- Sato Paintings First South 2001 18-2- 4, Lower interest rates aid C. SOUTHWEST October 18 homebuyers low-inco- me William Erickson. President of the Utah Housing Corporation (L'MC). most western states, including Utah, are building bigger, more expensive houses. The average new single-familhome is twice as big as those built in 1970. even though the traditional family sue is shrinking. The average purchase pnee of a home in Utah is over $160,000 - $40,000 more than the national median value. y High interest rates, down payment and closing costs are other obstacle for people trying to get into home of their own," Erickson explained. "UHC haa created a and condominium fees program like First Home Plus to help Although rental rates in most states have not changed significantly, home punhase prices have jumped, further reducing the inventory of cover these costs for potential homebuyers earning low to moderate incomes. Our programs are geared to first-timbuyers, families, single parent families, disabled and elderly affordable homes. According to e individuals." Rim VilLge: Own a home where you pLty! Interest rates on a current UHC loan run 5.79 percent with two points and 6.09 percent with no points. In order to assist families, UHC's interest rates are 30-yea- r lower-incom- typically 550 N Mam Street www moabreaty com L. s-c- t - mtt Nightly rentals can help vy oet mortgage payment metalled on neighboring tot 55 000 (4526) TERRAIN EASY TO BUILD ON' 5 acre m the flat of Castle Vaiiey - a tnanguiar shaped tot on Baney Lane Power and phone at lot lm well $59 000 14464) THE LUMINOUS EVENINGS m Thompson You can own bring a sense of peacefaines for just 60 acres at th bast of the d 38 000 Electricity and fenced Seiie-- financing V laundry Palm landscaping atorage shed view o th La Sa Mm the tack 47 WO SAC'Oya'd RESIDENTIAL A BEAUTIFUL GOLF COURSE CONDO' itaibe Erta mcome ho" n,ghtiy rental Fully famished and ready to 'ent A 3 BR7 BAtownhome I story 175 000 i4525) ONLY tlS.000' tor thi 4 bedroom mobile home on 6 acfe on Span h Valley Dnve Include storage ned ana mtngerator and tenced and landscaped 4435) EXCELLENT NEIGHBORHOOD - Picture yourself m thu home with 3 bedroom t 5 bath fireplace skylight a' appence and s 2Q25 basement Fui'y 'andscaped m Mountain View Sub 123 000 S4434 PRICE REDUCED TO A GREAT DEAL! 1 bath Waikmg d itance to town - 2 home on Center Street Basement it pad.aty finished wth on roughed n bathroom and room for 2 nxxt bedroom Fenced back yard 109 000 (M3G4) CASTLE VALLEY - 5 acre lot on the va'iey floor with doubte-womoduiar home Home ha burtt on covered enclosed porches on both tides Good wen Fenced to accommodate horses $110 OX 4251) PRICE REDUCED! - BANNER HOME IN CASTLE VALLEY - 3 BR7 BA beautiful home tone on 5 acres m the pristine bonking of CV Fboperty abuts open space Feature old door cathedral hardwood floor ceiling, sunken tub & more' 114.500. i bed-oo- years Homeowners Insurance Bidders Risk Busktess Insurance formerly called the Utah Housing Finance Agency, is a public, nonprofit corporation that offers multiple resources to develop and finance quality, affordable housing for low and moderate-incompeople across the finances UHC state. home loans for thousands of buyers through the bonds. UHC also 6ale of utilizes state and federal income tax credits to finance the development and rehabilitation of affordable rental housing. Since it was founded by the Utah State Legislature in 1975, U HC has provided funds for more than units. 60,000 single and e low-intere- low-incom- first-tim- tax-exem- multi-famil- EXHILARATING Keystone Sekvict-- 1 36 E. Center Ptkme 435 Corporation Muab. Ul. 84532 Fax 435 259-44- 5 1 Offices in Durango. CO. & Farmington. N M 5i DESERT HIDEAWAY - 80 acres a'ong Wanng Canyon jut! a few miles horn Dewey Bodge Two house sue Power easily accessible Water springs ad,acent to property Waving d stance to the Dolores River1 Property can be spirt mto 2 parcel 240 000 326t 113 ACRES on Hwy 191 at the tum-- o to Dead GtegireflivD 5M) Haas i4 Horse Point and Canyomands Property has or resod excellent prospects for tourist-basedevelopment Electricity on site 10 6X acre r"--I d (3007) NATURAL DESERT LANDSCAPE on this 8 76 acra tot at Bridget Jack Mesa Spectacular mew of Abajos Private rock wan at back of lot Great bouidering' Underground power Subdivision adjoins pubhc land 83 OCX (2896) Call us for other listings! Come home to luxury when you mvest m this 4BR3 5BA beauty 3300 q ft k vi og space includes spacious great room, formal dining, custom kitchen., perfect for entertaining Located on 2 24 acres 3162 Your own peredise with awesome vew 5BR3BA custom home ha plenty of room with spacious family room downstairs and family roomdimng area on mam level twimming pool. acre, low maintenance yard garage, 0 74 229,000 3456 4BR home on 2 acre, natural landscaping, free, grape arbor, timed dnp system, enclosed courtyard, attached garage, carport sunroom. lots of storage 295 0003554 nckgmoabrwalty com .1 I JTV( ijjbvr.iiK3'kiUfe Close tO and plenty of things to love about this 3 BR.7 BA home, from Ih fully finished basement to the new shingle roof to the 23 acre you can spread out on This ones a must see $149 999 4068 the golf course, Utilities available far to lot at 2041 Adobe Court It s nearly an acre, has beautiful views and has been reduced to 58.500 Make fuS pnee offer to receive 3500 towards impact 2357 hookup lee All (3555) this 5 74 acra tot Pmyon and jumpe'S privacy too on Buchanan Lana Power toll-fre- e 0 Credit Counseling Available Agents: John FofZ Gtanne Foeae Renee Lance email foggiobnCtasal net YOUR SECLUDEO m's LAND VIEWS of Cashe Vatiey on y For information on UHC mortgage loans and a list of participating lendere, call (801)359-520or or visit the UHC web site at www.utahhousingcorp.org. High Loan to Value Mortgages available to qualified borrowers lax 471 S. Main, Suite 6 Moab, Utah $4532 C4MGiWMn"3Z Rick Lamb - 259-82Meredith Gauthier - 50 11 92 259-669- 1 e, e Land, Home Mortgages available 259-598- 1 are t'uty stunning Easy access underground power Entire subd visio- - ad orns public land 10 acres Pnces Sei'er financing Loft ave-ag- e rad at 65 SX i4377-439- owning a home. The Utah Housing Corporation, Mortgage 170 E 100 S . Moab BRIDGER JACK MESA . PRICES REDUCED ON MANY LOTS' View to Beh.nd the Rocks la Sa Mountains the West Desed and Abajc e -- 40 applicants must fall within a certain income level for the area they live in, have a good credit rating, and be able to afford the expenses associated with 1 Allstate aarvtng souBwnt UUi ovwr available (4436) PRICE REDUCED - ROOM TO EXPAND m m 4 6R 3 BA hom on Highland Dnve on a g lot Basemem with bsl-ootarn full percentage point below Central Utah Insurance I Nightly Condo Rentals 1 e conventional rates. To qualify, www.realestatemoab.com |