Show s'wrr- - Rise in Delinquent Mortgages nenee is national necessioii Diana Ross Adds Malibu Address To Trio of Homes backs and they fall behind only after they exhaust their savings and other resources However Lasko noted that delinquenWASHINGTON — The number of Americans who are behind on their mort- cies remain well below their historic highs s He said tightened lending gage payments jumped in the first quarter of the of the year reflecting the poor perfor- standards in recent years along with the fact that the current recession has not been mance of the nation's economy slump have kept The increase was particularly sharp in as severe as the 1981-8the Northeast and the Southeast according the situation from being worse Delinquencies for the quarter rose for all loan types to figures released by the Mortgage Bankers Association of America But almost all but more among conventional loans than among loans guaranteed by the Federal of the country showed more delinquencies Housing Administration or the Veterans than in the last three months of 1990 Administration Lasko said he believes reThe data showed that 223 million homecent reforms to the government programs owners were in trouble on their mortgages were a major factor in curbing delinquenfirst From the this quarter year's during first quarter of last year to the first quarter cies in these categories He attributed the poor performance in of this year the number of delinquent Southeast ironically to the national the 341000 rose by mortgages Lasko executive vice president slump in home building Warren Since many workers there are in furnitureof the association called the number? -making textiles and other manufac"painful evidence the sting of the recession is still being felt by homeowners aroun 1 the turing industries the housing slowdown cut country" Delinquencies are "a lagging in- demand and resulted in layoffs The Northeast has been afflicted with dicator" he said "and what we are seeing values that have made today are the effects on the economy of the falling property to sell and reduced their difficult houses to back six nine months" recession going Thus even though the economy may pick value below the mortgage balance Nationwide the mortgage bankers' surup in the second half of the year in the showed 495 percent of all mortgage beworse could area vey get "things mortgage were delinquent and 097 percent loans fore they get better" Lasko said The lag occurs because homeowners try were in foreclosure Those figures were up to pay their mortgages even when they from 471 and 094 respectively in the previous quarter have lost their jobs or suffered other set THE WASHINGTON LOS ANGELES TIMES I -S- T3 has purchased one of Hollywood entrepreneur Jerry Perenchio's Calif Malibu homes for close to $35 million price its asking sources say Perenchio who owned a TV production company frith Norman Lear that they sold in 1985 for $485 million owns several houses in the gated Malibu Colony just up the coast from the house Ross bought This month he is expected to occupy the home in the posh neighborhood of Bel-Ai- r that was used in the 1960s CBS sitcom "Beverly Hillbillies" He has been remodeling the home since he bought it in 1987 Ross the "Diva of Pop" who has been said to have sold more No 1 hits than anyone except the Beatles and Elvis Presley is lined up to star in the TNT cable TV movie biography of the late blues singer Josephine Baker The house she bought is on Carbon Beach where singer Janet Jackson bought her $45 million furnished home in May Both houses were newly completed rehabs Ross' house is a white New England clapboard on the water with 40 feet of beachfront The contempointerirary nearly or has five bedrooms including a master suite with a fireplace and sitting area high ceilings and lots of open space MOVES monthly payments on variable-rat- e loans Usually the variable rate is tied to some index like the prime rate Still variable-rate loans are not always best For example if the choice is between an 1 1 personal loan and percent variable-rat- e one at a 12 percent fixed rate the weekly Bank Rate Monitor says the fixed-rat- e loan is the better deal because it is only a point higher and it won't go up in the future Here is a glossary of variable-rat- e loan terms and some advice HERE 9 Designer Homes to reach Decorated and Landscaped from $90000-$15000- 000 7800 So lOlli East June 9 (CALL lOGfTHH 10 readers! kiiii ni $114000 MtUCSfrW UMtOH AHA 2 itoty 4 bdrm 3 berths mam Hoot family room s cat gai qtMltlyl 279000 DAM LOHI IMNlON 27ell7((e-lV4- l lc t DfSSTf K 00-i-0 (1M0 II CHOICE LOCAIION new tool paint double parted windowi lorinol dining ( ilOO500 27M777 ClAK DrUPY t 10427 POOI 5 bdrm 4 bam bar tile gteat yard Hardwood noon views of volley tKOOOC HOUADAY VIIWI WAPfrtteSTON Wonderful NORTHVIEW CIRCU yean) old floor plan coveo moldings Irnmaculata contfttlon 6 bed 3 bath car garage 1 16000 SUZANNE i i icki mini t WHY ImJi fcrl 237-278- 7800 SolOth East Open Weekdays 2 pm-- 0 pm Weekends am-0 pm No Entry After 8:30 pm 237-280- 8 9 JODIE w eme 9 AMERICAN CONCORD MORTGAGE Die ACADEMY MORTGAGE ps CHRIS 10 0 RICHARDS WOODBURY 1 MONEYLINE MORTGAGE 0 0 o 7 0 GREAT WESTERN MORTGAGE 2 7 points fhava BUYING 9 v ?TS 0 9 565-96- fTS min 0 9 1 BUILDING REMODELING WE'VE GOT YOUR LOAN 6 V4 refinancing - main 3 OR SALE HOOPM DAVID bKUtrn maeoway 2 STORY 76 ACM 4 3 bathi plus separofe house wooded lot pool gueil and sport court $169500 DA VI LOMI tlNNIOM 1V45 t THI LONOIST YABDI And the wideitl Sandy tamalei 3 bdrm 2 barns trplc 2 cat got family room $89950 LOW UNNION DA VI 174 I (9110 S) ( 5 Darrru 4 baftu hot tub 2 trplc torrnal dining $104'i DAVTDHOOPH SIMPLE ASSUMPTION Cute clean buck lamblei In gieat Sandy neighborhood formal dna main floor tarn rm 6 bdftm 3 barns newly tin bsmt $110900 JOAN LLOYD OPIN 210-6:0-0 10(1 S MAIO (16(0 1) Spwctoculat 2 story on spectaculai views loll Herler than mwl Qualttyl $229000 POSANNf 944O06e-394- $ DO OPM Dl 671431750-394- 9352 (TiRUNS (1(00 I) Open DAVID KOOPf DIC ARNOLD 94241 09SO6-394FANTASTIC ASSUMPTION Loan $724mo $16000 Assu 3400 sqft contemp open airy fl plan greal Murray areol $96500 JAMIf SAUK n it OPIN 10 00 4 00 011 S APLOMADO D6 (201S I) Dotting bdrm l main Hoor lomily room with lireplace great area and views 1 CAR teawcod deck 143 South Main CALL rates M OPM 1(23 (21(0 I) tallsteoa executive 2 story 5 bctm large maslet mom (loot tamlty room and laundry big gome room with wet bat hivvud Botch child? no cost REFINANCING 203K CALL SCOTT SPECIAL CONDO PROGRAMS pork $41900 CURTIS ASSUMPTION 4 bdrm 2 bth oil bilck rambler views $660 MAKE AN OFFER! $76900 SIMPLE PATRICIA CURTIS HrsjnBBnep fvine-m- - not settle for SkeMBraaWrfill 237-278- 1 AMERICAN TOWERS fomou Washington 2 bdrm 2 bath unit with a panoiamic east view atsumable mottg $115900 For showing call 2 itoty nestled in scrub oak accented with marble and brass 5 bdrms 3 both $230'i SANDY COHTEMPORARY wtLrCtvut DAVID HOOPER Attention: Real Estate Agents 1111110 RV STAOS Sell o(d INFORMATION 6A6AOI 2 barm lull fenced yard updated ItoatH PATRICIA 2 & 3 Bedrooms FOR ADVERTISING MANSION 4 0 a' Gold 5 In Eureka 30 mm dnve from Provo 5600 salt original charm Call to tour RESTORED contemporary with vaulted ceilings new carpet 3 ldrms 3 baths and views SSO's NUtJHrlA Why easy UNNION LORIt bdrm HOOPfR OPIN 1:00-4:0SOUIHBBIDOI RHOOA LooKing for Paths HOUADAY $169050 ARLINGTON DRIVE'S FMEST Fabulous Federal Hts m Architectural Digest condition Totally redone with many eraser features 4 bdrm 4 bath (419K RHODA 532 1274 LINDA the-Sk- yf Luxury Extras Prime Location t DAVE PUSH OPIN 1:00 ( 00 1911 I tfCHAW DC (US0 S) Ekigant 2 itoty Ith? gafore main tloof rac 4 bdrm 3 bath large yard 5134010 9 2 (toot family room access to MS levvuu 0424335 'qrIgatonfee0 EXCELLENT streamlined refi ssodoo (125900 52K WEST 4M0 SOUTH (52000 Perfect throughout New pstnt carpet atone fireplace Pius woodstove 3 bdrm 2 bth BARBARA special notes pjs f bdrm 3 27741 S FABULOUS FEDERAL HEIGHTS Ouefity 2 story lemtly home in prime neighborhood 7 bdrms on 2 acre 2 tamHy rms lerrfflc yard (535000 SUE 3644126 RICHARD 5134055 274e64 HOMES Wi AMIINNI DAVID FINISHED TO PERFECTION Panoramic views from well decorsted 3 bdrm 2 story Cioee to town prime area Room to eipend (495000 Halt acre SUE 3644126 PATSY COUNTRY LANE TOWNHOUSE wonderful mailer rm off kitchen Now suite FEDERAL HEIGHTS 3 bdrms 4 bath suite large family Drastically reduced!' 2 bath Lovely 4 bdrm 3 bath formal dining hardwd floors library main floor 2 car garage deck off maater (2(5000 neutral decor totally tlniahed WESTGATE MORTGAGE Danling priligt coolemporary vaulttrd Celllngi masMf 5 (AST MURRAY Featuring 4 barmi 9424335SOO-394- ANN bomi SiaO'i HOOPf 9424115 OPFN 1:10 ( CO 1111 I IUMMII MEADOWS 1110 I QUALITY BUILT RAMBLER VIEWMONT CONDO OSSOO 3 DAVID 5 bdrm onck horns fn nice HoUaday nbrhd walk out bemt leads to lovely ysrd good vlsw (190000 SUE 3544125 Wonderful Hoeeday location 3 bdrm 3 bath close to schools and shopping RHOOA Our Real Estate advertising experts are here to help you bdrms M2433SSbo-3v4- Rarefy available Jefferson southern city views New paint carpel 2 bed 2 bath plus den NORINE Trent MEADOWS Dream maitw suite with letted tub elegant oak accenti gar AMERICAN TOWERS 997500 Kathy HOOPM SUMMft CLASSY MANN DSNStlY AVENUES VIEW Total Restoration New baths and kitchen main floor family rm 4 bdrms 3 bath msater suits (1(5000 HELEN AMERICAN TOWERS SS35O0 No Tower bed pus den lath floor 2 bath totally redone new paint Carpet U35O0 NORINE Adult $4 ($3 with coupon) $2 Children under 2 DAVID 9424335 'oe-l9e- 5 etnoi S1OBSO0 EAST MtLLCREEK DREAM 4 bed 3 bath home Beautiful remodeled to perfection 2 tamlty rm ape (159500 SALLY 4(74331 POLO CLUBLOW DOWN Like new 2 bdrm 2 oath on ground Nice decor prvl patio pool level tennis 163000 MARCIA HOMi State at t3dm3bathiS170's I 27 1:00-1:0- on ADULT me an in great Weil Valley location Dteam kitchen maintenance tree 504010 bed 3 bath rambler Light and bright herdwd floors (HK JODIE PAY RENT? ASSUUPTIOfl! in ai CUSTOM ANDOVIP CT Light dnd airy kitchen Extro kng pantry and laundry 3 bdrm homo with LARGE PRIVATE LOT IN Oroat East HWcreek location 5 Vernon compfei Newer carpet e flooring Pool tennis (34000 SUt M44I2S 2 sm LENDERPHONE OPIN BEAUTIFUL MOUNTAIN VIEW Brick and stucco 5 bdrm tamHy home In Sandy area Hot tub race yard (WOOO SUE COWDCWtfiNIUnriS ADULT TICKET ONLY June 4e-7U-4 yard and storage shsd east side location (M500 CLASSIC BUNGALOW Ctoae to Liberty Park 3 tMdroorns main basement apt 3 car (92000 ANN 5(34737 340-S- ownri molivaldl CAKXWttm UPLAND TERRACE HOME 3700 S area 4 bdrm home with Terrtllc LINDA 3 CHAC (KIOntfY 414i:2tMe-IM- I susjln rotmtiM hug REMODELING SHOW save ON E fenced 2618 S WIlSMIRE Crfl 12700 El 1 bevm 6 bath home on golf course Wonderful views 3 fireplaces 3 car oarage central air Priced at 3310000 ANN i ll fam rm 121000 RHOOA WHaon Ave E 2900 Avenues Open High 1:00-1:02)04 IA(T 10140 SOUTH ASSUME NO lew lilting cozy immoculal uporooei main QUAilFYINS J YR OLD Use new brick and akfing content 2 bed family rm room tor 2 more bdrms (72000 SALLV BEAUTIFUL 2 BEDROOM UtaHome'91 KtW HOMt jour cto 71 In Polo Club Many upgrades Mnrnaculate condition ground floor (50300 RICHARD DISCOHXT COI POX anna wmmmm HOI THIS I7tVJ777t4J-S4- OPM PRICE REDUCED NOW SUKOI bdrms lull bath large kitchen fireplace back porch nice location Conoo corwnience card of N OPEN Make the Salt Lake Tribune and Deseret News your very first advertising choice Free Discount Coupon VOliRAD now accept Of HOUADAfl Newet bnct tambkst 0 borms 3 oatht valley newt re covereO lot and stream 1219 00 DA VI e IOH WWRON WAIT N MIAMI wr wolcMrtg your ooroen anxn Gnot pnci AJSuWlLEi 562500 HATTK JOfftS 4 MILLCREEK RD (3710 SO) OPEN 0! £ E 752 PUCE credit II BOSSES FOR SALE OPEN HOUSES OPEN CARD or by appointment l:0O-r0- 0 DM M (I7tt NJ lASt OPM GROUP Fatwlou pfOiMfly (warty Krt itrMm ptna eft Beautiful home witti 6 bonne 4 belt) new kitchen nam floor tamev m taunory large roome Private rane ctmoe eetttng (330000 MARCIA m Know Mon-Sa- t RA MSEY 3650 NEW HQME& REMODELING SHOW I - OPIN 10000-square-fo- 1:00-7:0- Tttf 1 CHHhtY 113-acr- A MUST SEE! ANSIFJ ilaau llLaAIl¥JLff AND ASSOCIATES TvVff I ! Singer Bobby Vinton showbiz veteran who has hosted scores of TV variety shows and who popularized such mid-'60- s songs as "Blue Velvet" and "Roses Are Red" has put his e home in the Malibu mountains on the market for $25 million "He's moving to Florida where he bought a house" said realty agent Thelma Orloff Vinton and his wife of 23 years Dolly built the ranch house on their Malibu property about four years ago after selling a home in Pacific Palisades to producer-director Steven Spielberg for Rate Changes: Ask how often the rate can change and when changes are effective Some banks will time cuts in their prime rate so as to force borrowers to pay the higher rate a month longer ENDS SUNDAY! 1-- Prices start at Falling interest rates mean lower REAL ESTATE 3000-square-fo- Open THE NEW YORK TIMES 2 C3 Margin: The percentage points the lending institution adds to an index Make comparisons among the lenders Index: Understand how the index moves and when yours could change Stick to loans with publicly known indexes like the prime rate or Treasury bills Avoid banks that set the rate at their discretion By Robert Hurtado POST mid-1980- Singer and actress Diana Ross — who owns homes in Connecticut f4ew York City and Switzerland — Sundav June 9 1991 The Salt Lake Tribune By Albert B Crenshaw By Ruth Ryon ' - ANNA 9424335SOO-394- The Newspaper Agency Corporation is committed to helping you and your clients sell homes Real Estate Ad Writing Workshop presented by nationally acclaimed speaker Dennis Creps Friday July 19 1991 9 am to noon 1500 West Temple Lane So Jordan 84065 (Enter from 10200 So Redwood Rd) 254-290- 1 OwnerAgent Salt Palace Suite C HOW TO WRITE REAL ESTATE ADS THAT MAKE YOUR TELEPHONE RING IF YOU THINK HUD'S A GOOD In this dynamic learn: will workshop you How to write powerful ads that grab DEAL YOU OUGHT TO SEE OURS! Our NEW MODELS At Visit PARK BALL 4750 So 4300 Weil All HUD Deals 'Beats 966-920- 8400 So 160 East New Homes in Sandy 561-538- AUTUMN LANE 4650 W 4100 South 966-770- 0 HIGH POINT 1050 East 561-371- 2939 How to use financing to sell more homes How to gain more qualified buyers How to create ads that comply with Regulation Z Cost is only $1500 This investment includes a free $1500 coupon good towards a classified ad in the PIONEER ACRES 7950 So fast-pace- d attention gW 966-240- 965-940- 1 966-100- "Work For Down Chooje Your Color Garages Sbr 'Fmished Family Rooms Full Basements 3:00-6:0- 0 Stream plus pool come on ovet to see a large 5 bdrm secluded home $274900 Private lane (olio the dqns CENTURY 21 Ail WEST INC JERRY C (mejKjge) 530-329- 8 924 W CHESTERBROOK OPEN 3:00-6:0- 0 tlj'iijilJI!i!!J MUST SEU ORCHARDS CONDO Loweit price 2 bedroomi 2 966-830- Yes! 0 ' Shor' I O" j Voneu' real estate business Sign me up for the Horn 8 V lite r'hone ft JBL I f o rm to 237-277- 5 Seating is limited to first 250 applicants 237-200-0 4?Ls4jf 21 McAFFIE REALTORS CINTURY COMPANY ADDRESS- ZIP 943433759664)221 DONT DELAY CAU TODAY lo see this 4 bdrm 2 bth multi level with extro insulation Maintenance tree ex tinnhed basement no yard work CENTURY 21 McAFffl REALTORS - Limited seating CITYSTATE Send your available cheek to Diane Wheat lev Ibv Fridav July 12th at 237-259or fax this ijour location I seminar :J3rt on SeJ! want to learn how to build my both complex excellent indde Fireplace and deck Parking garage Otter $43900 in NAME HIGHLAND PARK ITS VACATION TIME bdrm 2 bin Sugarhouse area Lovely (tudio timeshare condo in Needs work but good price lor the clfy Can be used ot 1500 location Newer siding windows resorts worldwide Has flexible time-us- e and insulation as you like CiNTURY 21 All WEST INC CENTURY 21 AU WEST INC 3 LONNIE LONNIE NEW PAINT I2 CARPET baths $39900 bdrms 1 1 large living room kitchen has light wood cabinets fenced yard quiet street cute home (or young 3 (5710 S) Large 3 bdrm brick rambler wuntinished basement $99 900 Home is 3 yrs old and (hows like a moael Come on over CENTURY 21 Ail WEST INC JERRY C (tTveuago) 5)0-329- 8 fait £akr Sribunc DESERET NEWS RTOLSB&CH i BBOOKBUBN (3535 SO) OPEN tamilv CENTURY 21 UNDA as S ti r GOLD MEDAL HALF ACRE WITH BEAUTIFUL Room tor o horse or two Includes 4 corral bdims 2 both home with hardwood floors & wood stove INCREDIBLE VIEW! $92500 Great possibilities Upper fifties 5 bdrms 3 12 baths main (loot CENTURY 21 laundry 8 family room formal ROBINSON WILSON dining office den and huge kitchen RV parking & mature trull trees CENTURY 21 UNDA GOLD MEDAL 17 1 mountain! CENTURY 21 GOLD MEDAL UNDA 571 7191572-432- RANAE Sorry due to demand seminar is limited to licensed real estate brokers and agents only Names: Number attending: Well 2 neighborhood Kitchen with new Very clean CENTURY DIANE carpet 6 tile 21 McAFFEl RIALTC9S 942 2111 5714407 w in ir'tiuir ft"! Remodeled J Url'I'TIMlV " n V' i j ! $44900 BUYS THIS HOME maintained 2 bdrm Ig STATELY TUDOR! $174900 kltidining tm rm 1100 iqtl Ig Huge master suite with private fenced yard garden fruit trees 4 3 room! baths bdrms sitting double gaiage shop What a main floor laundry 6 family room buy!! tormol dining 71 acre CENTURY 21 CENTURY 21 GOLD MEDAL ROBINSON WILSON UNDA orpiH'di LIVING ll love this spacious 4 $97750 3 bth brick rambler Office Unique floor plan vaulted bdrm 2 !tn rms plenty of room for kids 8 4 ceilings massive fireplace bdrms 2 2 baths open 8 animals Moke on offer CENTURY 21 spacious gorgeous view of ROBINSON & WILSON CONTEMPORARY LEHI PHONE i RANAE DIANE GREAT STAPTER HOME bdrm 1 bth bungalow in quiet "oaa iihi r""" trutf'- !oi ' '"l""rf t RANAE tri- Ml II Hiiin£ ipprifii' £ III I II I I' IMIIPIMUVtn OH Mil VMMirtuyTHi I I I |