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Show CACHE AMERICAN Friday, Tune 14, 1935 Build or Own a LOGAN, CACHE COUNTY, UTAH Pagre Seven now as simple as ABC HOME-It- s Today You Can Build, Buy, Refinance a Home- - or with a Government Bring an Old House Insured Loan J up-to-da- te s If-- - , L4r r$Jt ; X 1 2s v ' FIRST IN ANY if? PLAN ... FOR A A be done today on the monthly payment inmortgage plan a part of the Federal Housing Program. The Bathroom Sets the Style C The most modem touch you can give your home is the most economical. Remodeling or repairing or installing your bathroom is more beneficial to health and easier on the pocketbook than any other single thing you can do. Why not investigate today? Expert Work if you want to build a home, you can do it today. Now. It works like this: You can borrow on first mortgage up to 80 percent of the appraised value of the proposed house and the lot on which it will stand. The maximum amount you can morrow is $16,000. Then you make monthly payments which cover interest, an installment on the principal, and a part of each years taxes and insurance premiums. Its just like paying rent, only it is. credited to you. in the form of payments, on your home. 'You can buy an existing home on this same basis. D with mortgages on your present home? Are you just as far away from debt-fre- e ownership as you ever were? Under this plan, it is possible to begin to pay off monthly, in installments, interest, principal, taxes, and insurance charges. Just as you would pay rent. Are you burdened A. H. PALMER & SONS PLUMBER and CONTRACTOR Y ' I 'V V- 'mmsm jtn U .IPS iwr rfMfftiV to this mayrespond Fhone THE FIRST NATIONAL BANK OF L06AH Member Federal Deposit Insurance Corp 57 C A.1 ah tc? M I- j VI Through F.H.A. Anderson LumberCo. Consult with any of the advertisers on this page about the various phases of home ' Modernization Credit.ownership and K UTAH and IDAHO industrial plants are ell specifiIntense cold Is not destructive to germs, says Dr. Poulter, of the cally included in the new amendments; and all are eligible for Byrd expedtion. Microbes flourmodernization credit, which gen- ished in the snow near the Little i America camp. erally includes heating plants. IF Inflation Comes . . the high quality of our lumber will last just the same. . . . Whatever the job from fence to house it is best to take advantage of the efforts being made by the banks and the government to help those desiring to improve. One of the Finer Joys of Life . . . the things we spend money on give brief, superficial pleasure! Yet there is one investment that offers lifeSo many of Select your building needs from our stock of well seasoned and nails, merchandise lumber, mill work, cement, shingles, roofing and hardware. guaranteed Our Paints are Unexcelled SMITH BROTHERS Lumber Co. We buy and sell used furniture in our exchange dept. COMPANY f 1- Furniture Wanted EVERTON & SONS v'-- w 'We install such systems PLUMBING CO. r m a t your present heme? Perhaps it needs repair and modernization. Remember that Modernization Credit is available to all types of covers all types of property, property owners, and as well as homes. Any responsble property owner borrow may up to $2,000 and repay the amount monthly, out of ncome, over a - to perod. $12 a month will finance the installation of a new kitchen or bathroom over a period. $5 a month will install a fireplace. Add a porch. of the things you have desired can now be Many paid for in convenient monthly installments out of your income. J(L BAUGH in- UIOH)HaUIM is Under the Federal Housing Act we can assist you in financing the purchase of a home refinancing your present mortgage or modernizing your home at very attractive interest rates to creased construction. Now, hew about AUTOMATIC SPRINKLING Enjoy the pride of ownership Theres nothing more worth while ... live in. WHY don't you try this idea? Come in and we II tell you how easy the NATIONAL HOUSING ACT HAS MADE IT, . . . but don't wait too long, building costs ar AtiTiii'Tii the most effective way to keep your lawns beautiful No dry spots here and there that detract from the velvety appearance of the well kept lawn. in low monthly payments. Now he has a new house it looks new and stylish from the exterior inside it is dean, neat and much more enjoycble What does it cost? Well, the average is under $10 basis. per month per $1,000 borrowed on a However, the actual figure of monthly payment! (which will vary slightly from this average) depends upon the assessment value of the property, the tax rate, the insurance rate, and whether you want to build, buy, or refinance. Automatic coal burners in heavy duty sizes, suitable for firing large commercial heating units and power plants are now eligible for Federal Administration Housing modernization loans as a result recent the amendments to the of National Housing Act, says A. H. Palmer of A. H. Palmer & Sons, local dealer for the Iron Fireman Manufacturing company. Amendments Just made part of the NHA include commercial properties under the modernizaThe new tion plan, he said. law niereoses the amount of loans from a maximum of $2,000 for home improvement to $50,000 for business property modernization, and opens up a tremendous opbusiness portunity to modernize sections. Title I of the housing act ha: been extended to Apiil 1, 1930, and is changed to include the installation of equipment and machinery. Apartment houses, multiple family dwellings, hotels, of-- I fice, business or other commercial colleges, hospitals, buildings, schools and manufacturing and - wV Coal Burners Come Under Housoing Act wit u How long does It take to pay for a home on basis? You may take 12, 15, or 20 years. are the requirements? First, that the monthly payments required are in reasonable relationship A Home ias? o A H ''What -- the loan to your income so that you are sure you can make the monthly payments. This is not merely a plan to borrow money. Its a plan to help you actually to own your home. To make ownership a certainty at a not too far distant future date. you' want to build a new home? Buy a new home? Or refinance the present mortgages on your own home so that home ownership, free of debt, is Do can Q itsured ' ... LOANS He secured one of the NEW IMPROVEMENT LOCALLY under the FEDERAL HOUSING ACT. He made NO DOWN PAYMENT, but agreed to pay back assured you? & ... AVAILABLE HOME Low Prices and it is NEW in everything but the COST. the building was sound The location wat good and the owner had an idea. NEW Free Estimates A i.'. Better Modem Homes Logan Phone 5 Phone 19 Hyrum time pride, Ownership ! joy and Home security W AM COOKfMTIMG We entertain sound applications for loans through the National Housing Act. Titles I and II. CacheValley Banking Co. sag |