OCR Text |
Show Citizen, Press, Review, Wed., April 24, 1985 Home ownership is still cozy investment By Herb Lawrence Copley News Service buying or retaining owner-- f a detached single-famil- y Se or condominium still a good "STtate 1970s, it was a great inManTnPle sold the hmeS .I had owned for a number of Irs for a bonanza profit. Many zoomed in value from perhaps 5o00 to $100,000 in a few years. residential units nthers bought then sold them after a few Months to pick up a tidy bundle of prgut then came the recession of the early 1980s with its sky-hig- h i gage rates and its depressed real estate market. That ended the bonanza invest-ment period for residential real estate. . . Real estate has been reviving since mortgage rates have dropped,' and more people now can afford to buy homes and con-do- s again. But the halcyon days of the 1970s haven't come back. And real estate researcher Alan Kevins doesn't think they will. "I think that real estate prices have been stretched out pretty far," he said. "So for the foreseea-ble future I don't see those hot days rolling back." But Nevins, who spends his days with his eye on the real estate market, said that buying or holdi-ng on to homes and condominiu-ms is still a good solid investm-ent. "The big difference is that the days of the quick-buc- k turnover are gone," he said. "Now you have to hold a home or condo for about five to 10 years to come out ahead." People basically buy a home or condo for shelter first. But some recent national polls have shown that the investment incentive is still a major factor in home own-ership. Nevins, senior vice president of The Goodkin Group, a real estate consulting and research operation, said that when you look at a home or condo purchase in dollars and cents, the investment value is still good. "When you pay rent, all that money goes down the drain, so to speak," he said. "You get the use of the apartment for the money but you don't get any dollar bene-fits back for it. "And rents are always going up and monthly rents have become pretty high." He outlined the economic bene-fits that still are apparent in home ownership: Tax write-off- s on property taxes and interest payments. Protection against the in-creasing cost of shelter. You aren't subject to rent increases. Equity in the home will grow over the years, so if you hold on to a house long enough you will come out ahead. The house will become a major component of your estate. A total of 90 percent of America's personal estates is made up of home equity when the owner dies. The house or condo is usable as rental property if you move. Classified Deadline Monday 2:00 p.m. 756-766- 9 TRI CITY SCHWINN services all makes and models at the mosl reasonalbe puces around. Free eslimales. Same day service in mosl cases. 756 5014. 410 tin CALL CO CO for balloon florals ami clown-- grams. Super magic show loi parties. Fun ami laughs. 912tln BUSINESS OPPTY. GET A HEAD START on the hot summer season. Lucrative shaved ice concession. Most recognizable quality units available. Turn local health department requirements, roomy, AC. Ready to go! Snow Chalet. Inc.. for more information. 2t 424 OWN YOUR OWN ladies apparel, children's, large size, combination ' store, ac-cessories. Jordache, Chic, Lee. Levi, Easy Street, Izod, Esprit, Tomboy, Calvin Klein, Sergio Valente. Evan Picone, Liz Claiborne, Members Only, Organically Grown. Gasoline, Healthlex, over 1000 olhers. $7900 to $24,900 inventory, training, fixtures. Grand opening, elc. Can .open 15 days. Mr. Keenan (305) lip 424 WE BUY SILVER COINS. Will pay current market price. 785 3221, ask for Craig oi Myron, or stop' in at Smith Drug, 10 So. Main, PI. Giove. 4lp 424 BUY SELL PAWN Instant Cash L&L Loan & Pawn 34 N. Merchant, Am. Fork Cash for anything of value JJiWilJMM 1 JOIN OTHERS IN FUN ACTIVITIES such as hiking, camping and socials, plus learn how to get more of the lasting values from life. The Total Person Society, a t educational organization 4t 4 '24 GOOD SUMMER JOB now open for eager and ambitious men. fun and good pay. Call after 4:00 p.m. for Mel. 4t 58 HaP WITH SICK LADY, 4 8 p.m. daily. Sat. Sun. days, $150 mo. days, evenings. 2t 424 AIRLINES NOW HIRING. Reservationists. stewardesses and ground crew positions available. Call for details. 24 hrs. 4tp 58 NU SKIN, NEW FACE distributors wanted for advanced skin care products. Call 4tp 58 HIRING BEAUTY AND COLOR CONSULTANTS. Training starts Apnl-2- Interviews, or 1( 424 NEEDLECRAFT INSTRUCTORS NEEDED. Excellent earnings selling Creative Circle needlecialt. Not For interview, II 424 KENNAL ASSISTANT, weekends necessary. Must drive and love animals. 2t 424 HELP WANTED SEAMSTRESS WANTED who will do quality work at home, piece rate wage. Must have three and four spool sergers or combination serger. Call or 4t 58 EXPERIENCED BOY 16 or over with car - for yaid work. . 4t 424 CONNECTICUT COUPLE desires responsible mother's helper for Iwo daughters ages 3'4 and eight monlhs. Pleasant family en-vironment, convenient to town, YMCA and V, mile to LDS Chuich. Pnvale quarters. References required. Salary negotiable. Call collect (203) after 4 p.m. 41 424 "V ," Vi V LET US FIND THE RIGHT FAMILY FOR YOU. No fee. Call us now. (801) oi , American Fork. 14 YEAR OLD will do any type of yardwork, lawnmowing, etc. Very reasonable. or Ask for Shane or Dennis. 15t 731 MY BUSINESS IS KEEPING BOOKS for .small businesses. 14 years professional expenence. Will pick up and deliver. Suzanne, 4tp 424 CUSTOM SEWING, 5 years ex-perience. Wedding dresses, casual clolhes, elc. 4t 424 Sewing Classes Available Family Wear 'leans Making Tailoring 'Machine Embroidery Distinctive Designs Call Linda at 756-610- SEWING MACHINE sales & service for 30 years. Ask our customers. Keller's Sewing Machines, across from old A.F. Hospital. Call PIONEER ELECTRONICS, fasl professional service. Color IV, video recorder, video disc. Auth. RCA & Zenith. 62 N West Slate Road. Am Fork. Utah 320 tin SAVE! FREE PICKUP, delivery and estimate. Specializing in TV repair. Two locations to serve you. 33 W. Main. Am. Fork. ; 590 No. Stale. Orem. . Superior T.V. Service. Vee Warenski. owner. 313 TFN COLOR T.V. SERVICE. Expert color and B&W service. Authorized center. Picture tube replacements. 2 year warranty. Reasonable rates. NORMAN HEALEY COLOR TV SERVICE, FUN PUPPET SHOWS for bir-thdays. Primaries, reunions. special progiam lor Christmas parties. 756 671 7 36 tfn QUALITY CARPET CLEANING SERVICE. Special this month: any two rooms, $12.95. Steam cleaned. Also commercial work. No job too small or large. Call anytime, 424 If n RUG DOCTOR. $ for $ we beat any price and honor all competitive coupons. Let us clean it or rent a ; Rug Doctor and Free Call our recording machine, leave your name and number if we're not in and receive a free gift when we call on you. . 424 tfn TEN FAMILY, Saturday, April 27, from 9 to 5 at 265 W. Main, Lehi. Baby furniture, TV. fridge, table and chairs and misc. It 424 BENEFIT YARD SALE (weather permitting). Friday and Saturday, April 26 and 27. 8 a.m. to 7 p.m. All proceeds go towards playground equipment fsr children at Victoria Apts.. 50 W. 200 N., Lehi. New owner will match our profits, plus help with installation. Free balloons for kids. Clown baked goods, drawing for free homemade dolls each day. Lots of new and used items. For additional information contact Ave or Linda Whittener, It 424 HOUSEHOLD LIQUIDATION SALE! Saturday and Sunday, April 27 and 28. Furniture, guns, sporting equipment, tools, model air-planes, antiques and much more. 74 Wilson Avenue. American Fork. Go to Holley Auto. 297 W. Main, then follow signs. Up 424 YARD AND CRAFT SALE, new and used items. Saturday. April 27, 9 a.m. to 3 p.m. 589 N. 200 East. Lehi. It 424 SEVEN FAMILY PATIO SALE, Friday and Saturday, April 21' fudge, copper, 2 24" woodburning stoves, 10 hp BNS engine. $200. New swamp cooler and much more. 540 N. 100 East, American Fork. It 424 YARD SALE- - Hundreds of new items. Store liquidation sale. New 1 leather sandals $5, Softball shoes, clothing, household items. Ping pong table. Much more. April and . 10 to 7. 636 N. 400 E., American Fork. EWES WITH LAMBS. Farmall tractor, front end loader, exc. cond. with bucket and fork lift operation. or . It 424 AT STUD: MARYMELS INDIGO. Large, dark liver chestnut, single footing Morgan stallion. $125. lltp 626 METAL, PORTABLE FENCE PANELS. See to appreciate. 4t 424 ARABIAN HORSE, must sell. $400 oi. make ofler. Call GS 3586 FLASHY, REG. MORGAN GELDING, 8 years old. 16 h. 1280 lbs.. "Single Footer." GS 121785 ? HORSE TRAILERHORSE. Must sell. $400. Utilityboat trailer, tilt bed. $250. Horse blankets, $25. GS 724 USED AMERICAN STANDARD natural gas furnace. 180,000 BTU. Can be converted to propane. $300 or best offer. Blue Spruce and Scotch Pines, $3ft. You dig. Sportshaven membership. Will trade for Camperwoild. if Camp is included. Call ltp 424 THREE SADDLES, BRIDLES and blankets. . It 424 BICENTENNIAL WOOD STOVE. Also iron encased stone slab to sit stove on. Exc. cond. $500. It 424 SERVICES FREE SEMINARS for ladies groups, clubs and auxiliaries. Wardrobe consulting with tips and formula that really works. Organize your closet and dress well for less. Project your best image by letting color and make-up work for you to enhance your natural beauty. Presented by Fashion Crossroads, 61 W. Main, Fork, featuring Beauty (American We also offer style and complele color For further information and appointments call between 10 a.m. and 6 p.m. 4 58 iECTS! FERTILIZER! )rice of one. have your lawn extra for one price, all - I CONTROL" 0524 ' Service YOUNG MAN TO MOW LAWN WEEKLY starting May 1st till end of Sept. . 4t 58 BABYSITTER WANTED in my home, two to three days a week. Call after 6 p.m. 2t 424 EXPERIENCED SALESPERSON to sell business computer systems. Commission sales. Resumes required. Phone 4t 424 EXCELLENT INCOME: Earn from $500 to $5,000 per month. Disliihutors needed. Call 4t4'24 THIS NEWSPAPER now taking written applications only for a position in classified advertising sales and management. Paste-u- and layout experience preferred. Send resume and letter of application to Newtah News Group. P.O. Box 7, American Fork, Utah 84003. 4t 51 SIX NEEDLECRAFT INSTRUCTORS needed. in Utah Valley area. Will train.. Excellent income. For information call 4tp 5l FEDERAL, STATE AND CIVIL JOBS now available in your area. Call for info. 24 hrs. 3tp 424 WANTED: COMPUTER TEACHING or contract work in software analysis, programming and consulting. 20 years ex-perience on mainframes and micros, BAL, DLI, COBOL, FORTRAN, PL1, 8080, 280, BASIC, PASCAL, C. DATA BASES, OS, DOS, MDOS, MSDOS, OASIS. Specializing in business ap-plication, data base and operating systems, 1. 410 tin TOWNE CINEMAS Twin Theater for sale. or 313 tfn DANDELIONS! INS All for the Now you can and trees sprayed C MEL'S PES 785- - 24-Ho-ui TYPEWRITER AND ADDING MACHINE RENTAL and repair service. Pnday's Office Supply, , FOH GALE I ' KENMORE EXTRA HIGH CAPACITY water softener. Like new. $395. . GS 4286 40" HOTPOINT KITCHEN RANGE, white porcelain, clock, timer, double oven. Very good condition. Whirlpool refrigerator, exc. cond. GS 717 USED G.E. GAS DRYER (5 years old) $200. Used with new compressor. $250; used one door- 12 cubic foot refrigerator $150; 6 year old 18" G.E. washer, $200; 14' GE refrigerator with new compressor, $250; portable washer (used), $100. All used appliances with guarantee. Ci. Young Appliance, 4158 PUBLIC AUCTION every Thursday, 7 p.m. sharp at Auction Ex-change. 98 W. State Road, Am. Fork. Kent Spencer, auctioneer, 213 tfn ATTENTION LADIES! You can now purchase all make-u- and skin care products at. Fashion Crossroads, 61 W. Main, American Fork. Complete color analysis available For make-u- orders or analysis appointment call 756 4991 between 10 a.m. and 6 p.m. 4t 58 Stop smoking- - WEDE FGHTIN3 FCX? KXJRUFE American Heart f y Association REWARD Will the kids who picked up our little, tiny puppy on Tuesday, April 16 at 6:30, please bring him home? His name is "Tigger" and his address is 435 North Center, Lehi. We are very sad. $10 reward. Thank you, Mindi, Keb and Coby Wilson. It 424 LOST A cream colored Chow in Cedar Hills, PI. Grove area. $25 reward for information leading to return. or CLEAN, BEAUTIFY, PROTECT YOUR CARPETS AND FURNITURE, with a good cleaning job by the "Steam Genie" professionals. Fast drying (3 to 5 hours), safe on all types of carpet. No shrinkage. Emergency water removal, in- - surance claims. Horsemen -- saddle pads cleaned. RAINBOW CARPET AND FURNITURE CLEANERS. Call - WILL DELIVER SLAG, GRAVEL, fill dirt, sawdust, sandpile sand, mortar sand, manure, peet moss, top soil and sod. Can get where big trucks can't. Will also haul off limbs, junk, rocks, misc. Call 5t 430 PROFESSIONAL HORSESHOEING. Troy Grasser, or 4t 58 KEN CARDON INSURANCE. For service or a quote on any in-surance need, call 174 W. Main, Am. Fork. 520tfn PROFESSIONAL PRUNING, HEDGING. For free estimate call after 5:30 p.m. 4tp 51 vam 1 YOUNG MAN TO MOW LAWN WEEKLY, starting May 1st till end of Sept. . 4t 515 YARD WORK, we mow, edge, till, weed, etc. Call It 424 PRO LAWNSCAPE, the lawn professionals - liquid fertilizer, weed control and insect control. All services guaranteed. Call for a free estimate. 24t 925 DAVIS POWER RAKING. Two years experience. 4lp 51 LAWN CARE, weekly mowing, trimming and edging. Power raking. Free estimates. 4tp 424 POWER RAKING. We sweep and haul away. Brian and David J Rawlings. 327 tfn CN Service Directory m, for Building, yw and Home f Improvements Sail 756-766- 9 JWING A HOUSE THIS YEAR? Hie plans ready for your conttactor. I'll draft (hem from a M or change one you have. '' on my schedule - don't wait. ' for regular floor plan, five Call 13 SD 710 JING; front-en- loader, S (ravel, black topsoil. W Sales, , BUILDING MATERIALS: Complete supplies for projects or jobs. See us for low prices on lumber, sheetrock, paint, landscaping, yard and hardware supplies. Barratl's, your local Trustworthy Hardware dealer, 150 West Main. American Fork. 26SD 925 HEAVY SHAKES. Immediate f delivery cured aspen shakes. State of Utah approved no. 2 and no. 2 shakes. 20 year guarantee. Barn shakes only $25sq. Quakie Shake Factory. Box 537, Moab. Utah 84532. 1SD 424 NEW FLASHING ARROW SIGN. Slight paint damage. Factory direct. $279 complete. Free bulbs', tubes! Warranty. Four left. Reg. $499. Call immediately. Hale Signs, anytime, ltp 424 KONICA FSI CAMERA, with 1.8 lens. Auto wind, auto Hash, MM zoomlens with metal cairying case. Must sell. $325. Like new. . It 424 JET PUMP WITH PRESSURE TANK. Seais best. HP. $180. GS 710 1979 COLEMAN GETTYSBURG tent trailer. Very good condition. $2000offer. 1980 Sherman Clay piano, very good condition, $1000 'offer. Two rocker rec liners, camel naugahyde. Console stereo, AMFM radio and phonograph. $75. 768 3717. 2t 424 I SADDLE, 15" seat, white lacing v throughout, exc. cond $300. 756-- j 7433. GS 716 J A.F. IRRIGATION WATER STOCK (Winn ditch) for sale. or evenings 4t 58 I SHIRLEY'S FIGURETTES by Cameo, three customized fitting j support bras. 785 2578. 417 tfn j HOSPITAL BEDS, WHEELCHAIRS h commodes, oxygen, other hospital e supplies. Call 756 5712 or 756- i; 4021 13tfn I, i. NEW COMMODORE 64 w1541 II disc drive. Never used. 90 day warranty. joy stickdiskettes. Asking $400 or consider trade 8' 1 cabover camper. GS i. 2686 - GARDEN SEEDS 3i C Buy bulk seeds j and save. Si 756-223- ' l. 445 E. State, AF ATTENTION GARDENERS: Most popular patented hand cultivator in Utah. Three special tools. Pi iced same as four years ago. $32.50. Call . 43 tfn Steel Wcor' Construction Post and i3eam Design Any Sue and Shape Also Ali Steel Horse Arenus and Other Farm Buildings Farm Buildings Haybarns as low as $3.00 square foot Wilson Farm Buildings PO Bn 1023. Provo. Utah 7 WEDDING AND MOTHER'S DA' FLOWERS. Professionally arrangei silks and dries. can save yoi money Call for free consultation 785 1216. 424 tfn niMIIHililHllIM 1972 CHEV. 9 PASS. $400, run good; recliner chair wheat massage, $50; roll a way bee $20. couch and love seat (got and brown). $100; pool table witl balls. $50; aluminum Iram chans (slackable). $10 each metal head skis & boots, size 1C $20; pole lamp, early American $20. fireplace screen. $10. Ca or 226 0156. It 424 72 INCH COUCH, green and goli brocade Excellent condition $200 lip 424 SOFA CORNER BEDS with tabl and built-i- radio. Lrke new. 76S 8397. It 424 WimiXI'lilHW 12 GAUGE AUTOMATIC SHOTGUfi ued only one season, $250. Tw Marlin rifles with scope: $125'each . 4 417 --J REGULAR SPECIALS on carpet remnants, hardwood flooring. Call for discount prices. Coventry House. . 24t 925 immm i NEED A CARPENTER? For all your building, remodeling or concrele needs, call a ii " mni,wi..:.!ihin.n Blow on acoustical ceiling. Fiee estimates. Call Don Auv.p 768 3136. 26tp tin . , , , mi ii i FENCING: Area's best puces on all types of cedar and redwood fencing and related supplies Banatl's. 150 West Main American Fo.k. 26SD 9'25 M, LANDSCAPING: Beautiful live blue spruce. Alpine. 3SD 417 LANDSCAPING: Norway Spruce trees, over 300. fast growing, 2' to 5' high S I 00 ft. Ornamental wind break. 4SD 417 LANDSCAPING: Complete land-scaping maintenance. spring clean up. powei raking, tree liimming, edging weekly lawn caie. hauling. Free estimates. 785 1484 15SD 6'25 LANDSCAPING --6 FREE plan with fjs2 purchase of plants complete service 756-223- 445 E. State. AF rum ifmmnTTim i, ,, i Bar i1 GENERAL CONTRACTOR: have four prime building lots I'd like to build you a home on. Location is on 500 North between 200 West and 270 West in American Fork. Shelley Elementary is less than one block away and the Third Ward Church is within two blocks, j am an experienced, quality builder and am licensed with the state of Utah as a General Contractor. For information call Larry Searle before 7 45 a.m. or after 5:00 p.m. at . 4SD 515 CONTRACTORS, GENERAL: Roy Lovernlge Construction. new homes or remodeling. Quality work and materials throughout. Call Roy, 756 2687. SD tin CONTRACTORS, GENERAL: Alpine Restoration and Construction Co.. disastei resloialion. remodeling and new construction. Free estimates on Obs. large or small, licensed, insured contractor 75P 8345. 15SD 6. 27 lalMi:(4 1 FINANCING: State money available at Deseret Bank for new construction or existing homes. For information call Clav or Caroline. 15SD 625 PAINTING, EXTERIOR, INTERIOR: Reasonable, experienced. Call Dan. SD 327 tfn PAINTING, OUTSIDE & INTERIOR. Professional Fiee estimates. Guaranteed work. Call 6 29 tfn PLUMBING: Plumbing fixtures and supplies lor home lepans and new construction. Baiialfs. 150 West Main, Amencan Folk. 26SD 925 ' lgr PORCELAIN REFINISHING: Salt Lake Porcelain Refimshing. Balhluh refimshing at its finest -- tubs, sinks & fiberglass en-closures, also chip repans. 785 6499. 17SD 72 NEW ROOFING, repairs, quality woik. Heat lape in-stallation available. FREE estimates Call Sieve Wood. Licensed 52tp 13086 ROOFING: Shingles and shakes new or Free eslaimti" and reasonable puces. Call 785 0416. 4SD 424 TRUSSES for new construction or remodeling. Barratl's. 150 W Mam. American Fork. 26SD 925 SPRING SPECIAL - Reupholste standard kitchen chair. $129! (Reg 15.95) with materials ir stock. Materials for the l yourseller. Alpine Upholstery. 13i N. West State Rd., American Fork 2t 4 '24 SPRINKLER REPAIR AND LAWN MAINTENANCE. We can repair your sprinkler's problems and get your system working again. St. contractor's no. 000038210-5- . Contact Bill, 4tp 515 RENTA GARDEN. 300 sq. ft. $15 We do all work. You harvest delicious food. 4tp 51 PIANO LESSONS taught in my home. $4 for h hour lesson. Call 1 Carrie Hadfield Biggs, . j ltp 424 TWO OPENINGS FOR PIANO STUDENTS. Beginning lo ad vanced Enjoy leaching adults, also. Fast side of American Fork. 4tp 424 NEED YOUR GARDEN TILLED? Call Eric. 756 4777 4t 424 3 WARNICK CUSTOM FARMING, garden rotovating, plowing, discing and landscape leveling Call Carl at or 3 19 ffn r DELMAR'S TV "Antenna Systems." 3 Satellite starting at $750. FHF-l UHF starting at $50. Serving Wasatch front 25 years i residential and commercial. 257 E. 700 North. Am. Fork. 756- 6214. It 424 Use any of these I convenient categories or suggest others: "PUMICES ARCHITECTURE DRAFTING HSUPAVING WHINGSPATIO BACKH0E SEPTIC TANKS '"'"'MASONRY PLACES BUILDING MATERIALS CABlNfTS PUNIER TOPS CARPENTRY ssrrs ggACOUSTICAL MNIRACTORS . GENERAL Financing UNDATIONS F0TINGS GARAGE DOORS GLASSSTORM WINDOWS HEATING COOLING SYSTEMS INSULATION LANDSCAPING ORNAMENTAL IRON PAINTING PAPER HANGING PLUMBING PORCELAIN REFINISHING ROOFING SANDBLASTING SECURITY SYSTEMS SIDING RAI NGUTTERS SOLAR SPRINKLING SYSTEMS STONESETTING STOVES WOOD, COAL STUCCO TILEMARBLE TRUSSES UPHOLSTERY |