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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (June 22, 1983)
Portland Observer, June 22, 1963 Page 11 US Department of Housing and Urban Development ‘ 8V2% Financing! And Now. .. TT 3-5% Down Payments Too!! 9.0% APR (FOR ALL HOMES EXCEPT ALL CASH AS-IS HOMES) HO M ES AVAILABLE WITH 8 V 2 % (7 YR. TERM) FIN A N C IN G & 3-5% DOW N PAYM ENTS WARRANTED HOMES L IS T IN G PRICE L IS T IN G PRICE 1« N mt c«n *“*• *45.000 2 Bd 1 Ba. 088 A pproa SF matte N m t CMd a m u 3 Bd 1 Ba 888 Approa SF *45.000 IfM W ak* A crealM a M Sand 08 3 Bd 1 Ba 871 SF Asan Qua» *21.700 * One Year Structural & Operating Systems Warranty L IS T IN G PRICE 4. irtte«»*cr«.at *sr m m oa 3 Ba *57,000 U 4 i t i «tttana Way kmttarg 0 8 *15.200 2 Bd 1 5 Ba 980 A ppro* SF A ttn Dues W it t Gar« S'rtet fener oa 3 B d 2 Ba 1470 A p p ro * SF s ir itw tM * Tamed, » « a v * « 08 *55 000 3 Ba 2 5 Ba 1464 A ppro* SF *23 700 1 Ba 8 71 SF Assn Duel *55.000 U d i i «’Rana «ay NaaSar» OSA *42.000 3 Bd 1 5 Ba 1232 A p p ro * SF A ttn Dues L IS T IN G PRICE L IS T IN G PR IC E U S ite M a M a O r ltdaartan OS 3 Ba 2 Ba 1088 A p p ro * SF 1IUS Svn MeadaviCt Mtlaavki« OS 3 Bd 2 5 Ba 1545 A p p ro * SF *51.000 n iti-tr Oa» (ttim On*. 8 m a oa 6 Bd 2 Ba 2 halt bath (Ouptea) *55.000 2352 A ppro* SF AS-IS HOMES 4 U M iedmond Band rtigriaty »and 08 *25.000 2 Bd. 1 Ba 1116 A p p ro * SF i2 5 acres) *1 5 7 5 0 2 Bd 1 Ba. 6 1 2 A p p ro * SF Assn Dues U M W atU A craaS d a » Sand OS irate«» a c im at >n im oa *17.000 2 Bd 1 Ba 6 4 0 SF Assn Dues 15. «ta f M* Coewi» oa *45.000 3 Bd . 2 Ba 1564 A p p ro * SF 15 1072 »«» ma* fuyant 0 8 1354 SF ★ ★ *45.150 3 Bd 1 5 Ba *17.500 11. » N t «Ihf t L IS T IN G PRICE You Save Money By Doing Your Own Repairs Within One Year* No Warranty Ideal for families, Investors or Contractors 2« » 10 S u » t l Sata« OS 3 Bd 2 Ba 1500 A p p ro * SF ‘21.500 10 U004 M «0» t l «mceuiti »A 3 Bd 2 Ba 1 138 A p p ro i SF *11.000 1, 4111 Nf lita t Ava «antavaa« W* 3 Bd 2 Ba 9 8 8 Appro» SF *42.000 32 «17 N» «Olh ft «ancavvar «A 4 Bd t 5 Ba. 2 023 Appro» SF *50.000 1) 1401« M CttvmOmtDr «tncamrtr WA 3 Bd 2 Ba 9 8 8 Approa SF *44.500 34 to tu Nf Sandpiper C m » «ancavaar wa ‘47,000 3 Bd 2 Ba 1413 A ppro* SF 15 t i Taaract Or «ancavaar «A 4 Bd t 5 Ba 1850 A p p ro * SF *41.000 3« 1440 Aari) i l «aahouyai,WA 3 Bd 1 B a 9 5 0 A ppro* SF *27,500 Lakanan OS 1648 A p p ro * SF *45.500 IS 170 tanning* S t. Ltötnan. OS 2 Bd 1 Ba 1040 A p p ro * SF *34,400 20 «SU Sf Hm« Lana. H ila tu t» OS 3 Bd, t Ba 1040 A p p ro * SF *55.000 24. IM * « » fOtnSi Haarat OS 3 Bd 2 B a 1479 A p p ro * SF *44.000 25 21 710 Utk »1 Oreyen City. OS *45.000 3 Bd t Ba 3 halt bath. 1509 A ppro* SF 25. M IS N fltk A v t PartUnd, OS 2 Bd t Ba 1020 A p p ro * SF *24.000 22 21 Sit J Feelfiil» Oreyen CM«. OS 3 Bd 1 Ba. 1128 A p p ro * SF >57.000 2«. M H Nf M k A » Fortland OS 3 Bd 1 S Ba 1075 A p p ro * SF *4«. 100 'T h e rep airs that KUO ra q u ira s that you c e rtify lh a l you will do w ith in ona yaar are posted In each horns A copy o l tho se rep air ite m s w ill be p ro v id ed Io you if HUD a cc e p ts your o ffe r 21 J»4 Sami » « ¡j-,* r » antral Fami OS *51.500 3 Bd. 2 L S O M i p p r o * SF (5 acre») 27. M U »f M lk Portland OS 3 Bd. 1 B a 1040 Approa SF *42.000 11. 3 Bd. 2 Ba L IS T IN G PRICE L IS T IN G PRICE M l Nf U la t 4*« Fort » n t 08 3 Bd l a Ba. 1227 SF *40.000 As ia hom es srs o ffe red tor sale w ithou t any w arran ty The pu rc h a s e r has the respo nsibility for d e te rm in in g c o n d itio n of th e p ro p erty prio r Io p u rchase and s hou ld chock w ith the local b u ild in g c o d s s n lo rc s m s n l a g e n c y to d e te rm in e if th e p r o p e r ly has o u ts ta n d in g cods v io latio n s ALL CASH - AS IS - June 19,1983 * NO WARRANTY L IS T IN G PRICE L IS T IN G PRICE L IS T IN G PRICE 17. 1S20Wliterty Alkeny.OS 3 Bd. 1 Ba 1478 A p p ro * SF *22,500 41 31 A U F rta n -^ 2 na iF atn l.O S 2 Bd S L r r i u A p p ro * SF *17,500 42 39 2220 Orteen Aaa Klamath f alta OS 2 Bd. t Ba 998 A p p ro * SF *25.000 4 ). K IS lf tSth Aaa Partana OS 2 Bd. 1 Ba. 702 A ppro* SF *15,000 40 IN Ir a a d S l HadtardOS 3 Bd t Ba. 1558 A p p ro * SF *21,500 44. » 3 1 Sf «Atk A m *11.000 7J0 8 » l*n ts n * Sl Fortuna 08 2 Bd 1 B a 9 6 0 SF *16 000 45 JJ44 U Otatat* t l Ferttsnd 0 8 5 Bd. 1 Ba 181 9 A ppro* SF *15,000 M M Nf Hh 8' PartUnd 08 *45 500 46 141« Sf Mali Fertlant 08 •15. «50 4 Bd. 4 Ba. 2513 A ppro* S F |4 -p tn « ) Fertlant. 0 8 2 Bd, 1 B a. 1202 A p p ro * SF 3 Br L IS T IN G PRICE 47 »10 I Caupss» luikertaa. 08 2 Sd. 1 Ba. 1031 A p p io * SF ‘20.000 * 3 a . 1232 A ppro* SF A ll caah a a-la ho m aa a re o ffe re d for sale w ith o u t any w s rra n ly The pu rchaser has the re s p o n s ib ility tor d e te rm in in g c o n d itio « of the p ro p e rly prio r to p u rc h a s e and shou ld chock w ith the lo ca l b u ild in g c o d a e n fo rc e m e n t agency Io d e te rm in e if lh a p ro p e rly h a t outstand m g c o d a violations ALL HOMES OPEN FOR COMPETITIVE BIDS UNTIL 11:00 A.M . JU N E 29,1983 BID OPENING 1 P.M. JU N E29,1983 FINANCING HOW TO PURCHASE fOy All homes except all cash as is homes are eligible (or HUD Purchase Money Mortgage (PMMI financing PMM financ ing will be provided to qualified purchas ers at an 8% interest rate a monthly ser vice charge ol *»% and a 7 year term Because details of each transaction dif fer the annual percentage rate lAPR) for each transaction will vary slightly, but generally APR tor PMM financing will be 9 0** or less The PMM will provide for monthly mortgage payments ol principal and interest to be scheduled in the same manner as a 30 year mortgage even though the term is 7 years The remain ing balance will be due and payable at the end ot the term This means that buy ers will either pay off the balance or refi nance at or before the end ot the 7 year PMM term PM M DOW N PAYM ENTS The minimum down payment is based on the actual bid made not the listing price, and is the same (or both owner occu pants and investors Down payments are 3% ol the first *25.000 bid and 5% ol the amount more than *25.000 Example If a bid ol *40.000 is made PMM down pay ment is 3% x *25.000 equals *750 plus 5% * *15.000 equals *750 Total PMM down payment is *1500. and monthly payment to principle interest and service charge would be *298 57 on the mortgage bal ance of *38,500 Warranted and as-is homes may also be eligible tor other mortgage financing progams including F h A insured. Federal VA and and Conventional loans Down paym ents for these program s are different than PMM down payments. See you Broker or Lender for details Ail cash as-is homes are sold on a cash basis and are not eligible for PMM fi nancing or FHA Insured financing TERMS & CONDITIONS The properties appearing in this adver tisement are our official public informa tion release ol ALL acquired properties currently available tor sale Bids will be accepted by all interested parties, including owner occupants and m/estors Owner occupant otters have pno'ity for all homes eicept ail cash as — i t homes All bids time stamped In by HUD staff on or before 11:00 AM June 29. 1083 will bo considered Timo stamping takes place on the 12th floor. Ceacade Building. 520 SW 6th Avenue. Portland OR #7204 Your offer for a HUD owned home may be at. above, or below our Hating price, which Is our cellmate of fair market value HUD policy la to select the highest offer received When a home receives only offers below the listing price however, we reserve the right to determ ine, at our sole discretion, whether to accept the highest otter we have received All bids received are considered only as offers HUD reserves the right to reiec: any or all bids or to waive any informality or irregularity in any bids All properties not bid on a, bid opening will remain available tor purchase on a first come first serve basis until the next OREGONIAN advertisement If cancellation occurs on a sale, back-up offers retained by HUD may be consid ered Once back-up offers are exhaust ed. the home will not be available tor additional offers until relisted m the ad vertisement CIRCLE YOUR CALENDAR JULY 10th IS OUR NEXT BIG OREGONIAN AD ■“ J ij T^OFTWNI t We Pay The Broker See A Real Estate Broker Today »8081 J W < 1 Any real estate broker will show HUD acquired properties to you 2 The broker completes paperwork necessary to submit an otter (There is no price discount if you directly sumit an offer, 3 When you submit an offer your broker will collect a *500 earnest money deposit Irom you If HUD accepts your offer your broker will be asked to forward the deposit to HUD If HUO does not accept your offer your broker will return your full earnest money deposit BROKER INSTRUCTIONS To submit an offer you must i Submit a signed Broker’s Tender and Offer to Purchase (HUD Form 9551) i Collect and retain an earnest money deposit of $500 from the purchaser It HUD accepts your offer we will ask you to forward the earnest money II HUD does not accept your offer you are lo return the full earnest money to the purchaser Your otter must be submitted within the bid period, in a sealed envelope which is clearly marked on the outside as owner occupant or investor The envelope should also contain the property address and the bid opening date Envelopes not properly marked will not be considered and will be re turned unopened Earnest money forfeiture will not occur because ot failure to obtain credit approval on warranted and as as-is homes available with 8*«% PMM financing Once credit approval on these properties has been granted, forfeiture will not occur unless closing does not occur within 30 days Failure to close an as-is. all cash sale within 30 days from MUD acceptance ot the purchaser s executed retail sales contract will be a basis tor forfeiture All requests for earnest money refund must be transmitted by purchaser through the broker who originally submitted the otter Purchaser is required to obtain fire and extended insurance prior to clos ing for all properties except all cash as-is sales and must bring m evidence of insurance to the closing Down payment requirements are pay able at closing Forms and additional information can be obtained by brokers by calling HUD sales staff Our address is 520 SW 6th Ave 12th floor Portland. 97204 C O M M IS S IO N INCREASE!! We’ve increased our sales commission from 5% to 6% on these and ALL future listings. EMPLOYMENT D IV E R S IO N T E A M L E A D ER FOR C O M M U N IT Y H E A L T H CEN TER Fui-time poartion. avail able mmetketefy Duma Directs diversion serv ices (or Center; super vises up to eight teem < members; coordinetee > services with those of 1 other agencies to pro vide alternatives to hoe- prtaiuetion; implements • staff an d /o r program 1 development Minimum Qualifica tions: Psychiatric nurse; RN or B S N /M aster De gree in Mental Health; two-year crisis services experience, incl. super vision, recordkeeping and report writing skills Bepnrxng salary 423,000 plus benefits Send re sume and letter of in tent to Associate Direc tor: N /N E Community Mental Health Center, 310 N.E Oregon Street, Portland, OR 97232 Closing date June 30, 1983 An Affirm ative Action/ Equal Opportunity Employer W R IT E R / RESEARCHER Primary speech writer end researcher for the Office of the Governor in Salem Reeeerch is sues and draft beck ground reports Assist in planning and prepar ing for appearances by the governor Appli cant required to have demonstrated ability to write quickly and clear ly in a variety of stylet, especially for the spoken word Must have broad experience in research ing s wide array of is sues Annual salary range »26.388 to 532.378 plus extensive fringe benefits For a copy of the fob announcement and an application form write to: Search Com mittee Office of the Governor State Capital. Salem. OR 97 ,30 Please do not phone or send »ample» of your work or submit refer ence letters I'he Governor's O ffice is an Equal Em ploy ment Opportunity E m ployer. C IT Y OF P O R T L A N D H E A T IN G IN S P E C T O R 52,238/m o. All appli cants must he eligible for "A " level certifies tion on a mechanical in spector by the Building Codes Division of the Oregon State Depart ment of Commerce. All applications must be received no later than 5:00 p m , Friday. July 1, 1983 Positions in clude City paid benefit package RESUMES WILL NOT BE ACCEPT ED APPLY TO: P O R T L A N D C IV IL S E R V IC E 1220 S W F ifth A ve R o o m 100 P o rtlan d OR 97204 or U R B A N LEAG UE 6329 N.E. U n ion S u ite 218 P o rtlan d O R 97211 LEGAL A D V O C A T E LEGAL A ID S ER VIC E W elfare Hotline and Hearings responsibili ties. Two years college or equivalent experi ence with w etlare/lood stamp procedures »10,200 »13.800 Good family medical benefits. Minorities, women and handicapped urged to apply Send resume to: Carla M u s ts ll 310 S W 4th . Rm 900 P o rtlan d OR 97204 by June 30. 1983 HO M E BASED B U S IN E S S E S Can advertise tor $30/ 6 mos Call Jo CAR 761 8969 B A K ER W ANTED Wedding cake decorat ing experience, free hand drawing ability, damsh, donut, bread, cookie experience Sal ary based on experi ence Send resume to: 105 First, Enterprise. OR 97828 Calendar " T a rg e t N ic a ra g u a ." Insid e a C o ve rt W ar. a new documcnlary filmed in Nicaragua by Saul l andau, will be shown Thursday, June 23, 7:00 p.m at the Portland State University Smith Center Ballroom, 3rd Hour The him will be followed by a panel discussion, including recent visitors to Nicaragua. A 52 donation is requested. A su m m er day c a m p fo r P o rtlan d area yo u th aged 8 12 is being co sponsored by the Urban l eague of Portland and the Portland Bureau of Parks and Recreation The camp will run from June 27-Augusl 5 in three consecutive sessions at Peninsula Park lixated at 6400 N. Albina tach 2-wcck session is 520. Register lor one or all three. For info and/or registration contact Roy Pittman, 283-4222 or Renee Watson, 288 6700 The E.S.P (Q uintet), playing a variety of jazz ranging from standards to fusion, will be featured June 29 in the Your Zoo and all that Jazz I983 summer concert scries. Concerts arc free with regular zoo admission, l or info on parking and shuttles, call 226-136I. Multnomah County Children's Services Divi sion in cooperation with the Albina I ions, arc seeking ahelter hornet, short term e m e r gency home« in the Alberta, Albina area which can take a child any lime during the day or night, for a day or two up to a month. Shelter homes are needed for children of all ages, particularly ages 6 to 17. Foster parents arc reimbursed financially. For info regarding qualifications and eligibility call Children's Services Division at 229-6186 Mon.-Fri. "Crisis Intervention: Helping Bettered W om en end C hildren," a one-day workshop will be held Saturday, June 23, 9 a .m .-5:30 p.m. at Portland Community College's Cas cade Campus, 705 N. Kilhngsworth, in Portable Building I. To register call 283-2541. There is a 59 fee: bring a brown bag lunch. The Intsrststs Firehouse Cultural Center Student Production Sum m er Cem p begins June 23, with concentrated classes in iheater production and dance Students will produce "Treasure Island" al end of 8 week session. Enrollment is limited to 30 students. Scholar ships are available. For registration info call 243 7930
