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Show page A8 Tuesday, August 1. 1995 Davis County Clipper 1 Parker named new president of A loan can lump bridge International Health Federation Scott S. Parker, a Bountiful ident and president res- of Intermountain Health Care (1HC), is the new president of the International Hospital Federation. Parker recently assumed the posi- affiliated physicians, and health insurance plans. In 1994, charitable care was provided in 97.000 cases at IHC hospitals and associ ated clinics. The mission of IHC is to provide quality medical care to persons with a medical need, regardless of ability to pay. tion during the International Hospital Federations World Congress in Budapest, Hungary, after serving for two years as two transactions together buy my newnext house first, or sell my present one first?" To many people, that is much like the chicken or the egg dilemma, but there really is an answer. Do 1 presiden- International The London-base- d Hospital Federation represents hospitals, hospital associations, and government health ministries of more than 90 nations. It provides When people want to buy first, then put their house on the market, outline several scenarios. If they are both willing and able to qualify for their new loan plus their current home, we go ahead and find a house. If not, we have the option of a bridge loan (it bridges two transactions and properties), or writing a contingency offer. A contingency offer (in this case) is subject to the sale of the buyers home. Sellers are often reluctant to take their honte off the its members an opportunity to exchange experiences, education, and information relevant to the health provision of 1 ty services worldwide. Parker has served as president of IHC since 1975, when the organization was formed. Parker is a recipient of the National Health Care Award by Bnai Brith International, the worlds largest -- Jewish organization; past chairman Alumni Award; and recipient of the National Kidney Foundation Gift of Life Award. He will also receive the Distinguished Service Award from the American Hospital Association at its annual meetings this August. Parker is a fellow in the Kings Hospital Fund and Kings Fund College in London. He is Distinguished Tax tafcti - NEW INTERNATIONAL PRESIDENT: Scott S. Parker, a Bountiful resident and president of Intermountain Health Care, is the new president of the International Hospital Federation. Parker is shown here accepting the position from Dr. Jur Klaus Prossdorf, secretary general of the German Hospital Federation. Taxpayers that requested an autoatic h extension of time to file their 1994 federal individual income tax returns should file the returns by August 15, an IRS spokesperson said. Failure to file by August 15 could result in failure-to-fil- e penalties, penalties, and interest charges. Extensions of time to file h beyond the period are granted only for persons in extreme hardship situations, some military four-mont- buyer until your home sells, if it means the inconvenience of a double move. Most buyers are not able financially to handle two house payments for any extended period; they must sell to buy. a even installments. Before filing their tax returns, taxpayers are advised to read tax instructhe tions carefully, and double-chec- k accuracy of the returns, especially the social security numbers used. More information on filing tax extensions is available by calling or by visiting local IRS offices. Also, Form 9465 can be obtained at local IRS offices or by calling T V IT Utah Alumni Boards. He serves on the board of directors for MMI Companies, Inc., and the boards of the Utah Symphony and First Security Bank Corporation of with the purchase of a A graduate of the University of Utah, Parker earned a master of hospital administration degree from the University of Minnesota. ments is not an option for you, dont be surprised if your agent is reluctant to show you very many homes until you get an offer on yours. Your agent knows you are not really 8c of Commerce and University of Utah. dis- couraging for everyone. Another buyer option is to make the earnest money non refundable in exchange for the seller taking the home off the market while the buyer gets their home sold. This sometimes gives the seller motivation if it fits their time frame, and indicates the buyers serious intent to perform. If a bridge loan or double pay- personnel, and taxpayers living and working outside the United States. Generally, the IRS will not grant filing extensions of more than six months. Taxpayers unable to pay all the federal income taxes owed should pay what they can with the return and attach Form 9465, Installment Agreement Request. to the front of the return. The Form 9465 is a request to pay the balance in monthly DUERDEN'S a house you may not get; that is time-clause- Advisory Council, and past member of the Salt Lake City Chamber A infeu MM (A He has been an assistant administrator with Northwestern Hospital in Minneapolis, and vice president and administrator of Southside Hospital in Mesa, Arizona. He was vice president and administrator of Good Samaritan Hospital in Phoenix, and was instrumental in Mips the formation of the Samaritan Health Services system in Arizona. He was also the administrator of Hoag Memorial Hospital in Newport Beach, California. A time-clause- ut return extension deadline Aug. 15 four-mont- member of the University of Utah National also currently V' VytV 'fee' of the American Hospital Association; past and founding chairman of Associated Hospital Systems; past president of the Arizona Hospital Association; a fellow of the American College of Healthcare Executives; member of the Healthcare Research and Development Institute; recipient of the 1995 University of Utah 72-ho- is sold before the time-claus- e invoked. Selling agents also prefer offers in d not writing the first place because they dont want you to get excited about a time-clau- t-elect. high-quali- ated for the buyer to get their house market for this type of buyer (they really cannot perform) and risk losing a buyer who has no contingencies. Quite often the kick-oclause or (which can be modified to any time period mutually agreeable) is attached to this kind of offer. Basically, the seller accepts the offer, and should another noncontingent offer be accepted, the first buyer has 72 hours to get the home they are selling under contract (or provide evidence of ability to perform) or let the new buyer take first position. The earnest money is returned to the first buyer. Listing agents sometimes are d reluctant to have a property because the showing activity of the house often decreases, especially in a buyers market. They know selling agents prefer showing and selling homes where they are not dealing with the possibility of their offer not going forward because the first buyer is able to perform. Sometimes a time period, such as one or two weeks is negoti resident of Bountiful, Utah, Parker enjoys cultural arts, literature. and a variety of fitness activities. He and his wife, Sydne, have four children and nine grandchilIHC is a charitable, commudren. nity-owned, nonprofit health care organization based in Salt Lake City that serves the health needs of Utah, Idaho and Wyoming residents. The IHC system includes 24 hospitals, clinics. Clean, Efficient Natural Gas Cooking Good cooks everywhere rely on Natural Gas because it provides precise temperature control, as well as instant heat. Burners heat evenly with no hot spots. Broiling with a Gas ovenbroiler is smokeless. The flame consumes most of the srease spatters and smoke. BY DESIGN And you broil with the oven door closed, keepins you kitchen cooler and cleaner. Todays new technolosy makes cookins with Natural Gas more convenient than ever. Theres no pilot light. A wide variety of temperature settings make cookins more precise. And sealed burners on many new ranges make cleanup much easier. Gas ovens are easier to clean, too. Natural Gas ranges offer continuous-cleanin- g or self cleaning ovens. Natural Gas ranges also are more durable and cost 23 less to operate. "See Clyde W. Willey was recently named as one of four elected volunteers to fill the openings on the America First Credit Union's board of directors. Willey is a Bountiful resident and has recorded 35 years as a volunteer for America First Credit Union. He is retired from the Utah Air National Guard where he served as base Duerdens Appliance & TV for a complete line of Natural Gas Ranges and Dryers 'store hours' Mon. thru Fri. 0 AM to 7 PM 1 & TV APPUA1HCE 416 500 South Saturday 1 0 AM to 6 PM West Closed Sunday i BOUNTIFUL 295-941- 3 |