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Page 8, Portland Observer, August 27, 1988
We have
a place
for you.
HUD
requires
that all
buyers
secure
their own
financing,
and that
leaves
open a
host of optyonsfor you to discuss with
your real estate agent.
Many of our HUD homes are eligible
for FHA M ortgage Insurance, which
improves your chances of securing
financing and allow s you a lower down
payment. Homes purchased w ith FHA
M ortgage Insurance w ill also save you
the tim e and money of an appraisal.
Overtime.
HUD
homes
that don’t
sell as the
Ä
result of
our
standard
10-day bid
process
are carried
over in to HUD’s "Extended L isting s"
category.
Acceptance of bids for these Extended
Listings is generally more flexible, and
bid are evaluated at 2:30 every working
day.
If HUD feels a prospective buyer's
offer is close to what w ill be accepted on
an Extended Listing, HUD may enter into
negotiations to assure quick sale of the
property.
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W hether
you're
searching
for your
fam ily's
first home,
or a place
to retire
after a
long life's
work, the U S Department of Housing
and Urban Development (HUD) has a
perfect house for you
Week after week. HUD offers an
outstanding selection of affordable
homes — homes that come in all shapes
and sizes, homes in the city and the
suburbs and the country, and homes that
give you trem endous value because they
also fit your budget
Last year, the average asking price of a
local HUD home was $32,700. Actual
selling prices ranged from $6.750 for a
three-bedroom, 1308 sq ft. home in
Portland, to $78,000 for a three-bedroom,
2158 sq. ft. three-acre mini-ranch in
Grants Pass.
HUD offers selection, location and
value Plus, our easy bid process and fast
closings make buying your HUD home
every bit as easy as finding it. Many
fam ilies who thought they could never
afford a home of their own happily
changed their minds after they
discovered a HUD home and The Home
Team.
Getting In The Game.
Go For The Gold.
JOBS &
CLASSIFIEDS
Warming Up.
The first
step in
buying a
HUD home
is finding
the home
that's just
right for
you.
Each
week HUD s listings ad runs in the real
estate classified section of both the
Friday and Sunday Oregonian The ad
gives you a com plete list of all of HUD s
available properties
When you see an advertised home you
m ight like, you can get a personal tour by
contacting any real estate agent
(Photo by Bill Scheider)
U.S. Department of Housing and Urban Development, Portland Office,
Region X, 520 Southwest Sixth Avenue.
UNIQUELY VOURS
Winning.
Listen To The Coach.
Your
real estate
agent is a
member of
The Home
Team and
is the
most
im portant
part of any
HUD home buying transaction
Rather than the typical offer/cou nter
offer process of private home sales, HUD
homes are sold through bids which m ust
be subm itted by a licensed real estate
agent.
After you and your agent com plete
HUD s sim plified bid form, you'll be
required to make an earnest money
deposit of $1.000 into a client trust
account. If your bid is accepted, this
money goes toward the home purchase.
If your bid is not accepted, the money is
fully refunded.
Bid deadlines and opening tim es are
listed in HUD's Oregonian ads. The
results of each bid opening are available
w ithin 24 hours and are included as part
of a HUD telephone recording you can
hear by calling (503) 221-3498
SECRETARY
TRI-MET is taking applications for
a secretary in the Contracts and
Legal Services Department. Three
(3) years of word processing, com
munications, organizational and
office skills are required, with a
typing speed of 60 wpm. Legal
secretarial experience is prefer
red. Minimum starting salary
$7 .7 6 /h o u rly w ith e xce lle n t
benefits.
Applications can be filed at the
TRI-MET Personnel Office, 4012
S.E. 17th Ave., Portland, OR
97202, at least until Wednesday,
August 24, 1988, or until position
is filed.
Equal Opportunity Employer
i>/z>
FOOD SERVICE
Boutique & Nail Salon
Last
year HUD
and local
real estate
agents
helped 652
Oregon
and S.W.
Wanhesgton
find the home they wanted at a price they
could really afford.
The Home Team can help you find the
right home, too To start, check HUD'S
Oregonian ad and then call any local real
estate agent.
When you go w ith The Home Team,
you come home a winner.
Major N.W. Food Service
Operator With Competitive
Wages and Excellent Benefits!
Needed For:
,s £nd 10 t „15%
OFF
1 Su^mß-
Full S e t «r-
$ 2 9 .0 0
HUD and your real estate agent
We re The Home Team.
CASHIERS
DISHWASHERS
CAFETERIA
MISCELLANEOUS
Neat and Clean Appearance
Mandatory, inquire at 796-1061.
Ask for Judy.
Equal Opportunity Employer
Specially Marked
Items
Thrifties
Now you can advertise any
thing of value from $5.00 to
$5,000 in the P o rtla n d
Observer classifieds. Garage
Sales, Boats, Cars, Real Estate,
Televisions, Refridgerators,
Etc.
To Get the response, advertise
in the Portland Observer.
Call the Sales Department for
further information at:
2 8 8 -0 0 3 3
? Popular Designer Purses & Clutches
At Discount Prices!
517 N.E. KILLINGSWORTH ST.
(One Block East of Union Avenue)
2 8 1 -5 7 2 8
Mr. Ron Duzy, Administrator
U.S. Department of Housing
and Urban Development
.
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792 cheers for
The Home Team.
AN EQUAL OPPORTUNITY EMPLOYER
PUBLIC NOTICE
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DBE PROGRAM
O REG O N D E PA R TM EN T
OF TR A N SPO R TA TIO N
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It is the policy of the Oregon Department of Transportation that Disadvantaged
Business Enterprises (DBE), as defined in Title 49 Code of Federal Regulations Part
23 and as it may be amended shall have the maximum opportunity to participate in
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the performance of contracts.
To ensure the objectives of this policy, the Department has established an overall
state-wide goal for DBE participation in the amount of 12 percent of contracting
activities.
Documents concerning the goal and a description of how they were selected are
available for review until September 15, 1988, during normal business hours
(Monday through Friday, 8 a.m. to 5 p.m.) at these locations: Federal Highway
Administration Office of Civil Rights, 424 Mohawk Building, 222 S.W. Morrison,
Portland; Federal Highway Administration, Suite 100 Equitable Center, 530 Center
Street N.E., Salem; and these Oregon Department of Transportation offices: Civil
Rights Section, 412 Transportation Building, Salem; Region 1 office, 9002 S.E.
McLoughlin Blvd., Milwaukie; Region 2 office, 205 East Salem Highway Building,
2960 State Street, Salem; Region 3 office, 1523 S.E. Cobb St., Roseburg; Region 4
office. North The Dalles-California Highway, Bend; and Region 5 office, 2111 Adams
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Ave., La Grande.
The public may submit written comments on the goals until September 30, 1988.
These comments will be used for informational purposes only and can be sent to.
John Price, Federal Highway Administration, Suite 100 Equitable Center, Salem, OR
97301; or Bill Hayden, Civil Rights Section, Oregon Department of Transportation,
412 Transportation Building, Salem, OR 97310.
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Last year, real estate agents
throughout Oregon and S.W.
Washington sold 792 HUD homes.
They sold them to first-time home
buyers, to repeat home buyers and to
investor home buyers.
And the best part was that each
and every home buyer got a good,
honest value.
So if you're kxjking for a truly
affordable home, ask your real estate
agent about HUD homes in vour area.
Or check our HUD listings ad in the
classified section of your Friday or
Sundav Oregonian.
Go with The Home Team. We ll
give you something to cheer about.
HUD and your real estate agent...
We re The Home Team ’.
a
HUD
The Oregon Department
of Transportation
DEPARTMENT O f HOUSING
AND URBAN DEVELOPMENT
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