Estherville Daily News from Estherville, Iowa on May 16, 1952 · Page 20
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Estherville Daily News from Estherville, Iowa · Page 20

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Location:
Estherville, Iowa
Issue Date:
Friday, May 16, 1952
Page:
Page 20
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Page 20 article text (OCR)

Is Mortgage Part of Price? If you sign a contract to liuy a house for $25,000 "subjoct" to an jncumbrancc of SIO.OOO, do you havo to pav only $15,000 on closing th.' de:il. or $25,000? •^eorgt F. Andeison, legal rx- prrt lor tho National Association of R«.) Estate Boards, recently points; out that it is important to find out what the seller, or broker, m.uns by the word "subject." "Thv.->' are many cases" ho observed, "holdin); that when the word 'i^ubject' is used, the oncum- lir:inee is not deducted from the jiiuiha>e price. It's a trick little word. V^•e it with care." Automobile In the Home Is Problem I^et Budget Guide Your Home Choice The iiifference between salary and tJijii -home pay ha.s changed the old rule about what you can afford 1o pay for a house. P.ud(.'t advisers in hanks used to .ifrrt. that a man could afford a hout< costing from one-and- on>' h;Jf to two-and-a-haW time.-; Ills iinrjj.il income. Now because of withholdin:; la\ts. fjospitalization, pension as- Kessmenis. union dues and the v;irii>u.« other deductions that are ni:ide from pay checks, you are >;enerrj]y advised by con .'3erva- tne f^'L-iselors to keep your fixed mcnthly payments down to e<jii:ii I vveek's take-home pay. * « ¥ T!1K .AIO.ST prudent way to fii-'ui-- !:xed monthly payments i .i \i' intijde not only interest and ill-I ilhr .i nts tow.-ird paying- off 111"! I>.•^).>. but to add monthly avr: i-^i i .-ts of all re.-il e.'.tate ta\IU( • electrieit.'.'. t<'lephone ^^.•!lr) :.!r in.«uranre. and a rea- j-oivibl. .miount for upkeep. (If ;T I 'osu* $ftt'(t to paint your hous*-. .?I0 a month toward .i •.n five years. 1 i-MO.'.H: OH.VKK."^ who must < onuo.,1- \t> work m large metn»- :itar, .••.le.T.s are wis<> to figure tt. ir :-:(nthly travel o.xpenscrf, «!iM-h ;/,u.-;t come out of the fairly l.ud>:et somewhere A house < !• s.- ir. may eo.st more, but i\ ht,u.-;e ..rti;er out adds \\r commu- tai ior' T<j HI .'-'•If hoo->e-pr-oi, e.-v- piri.-iliv .n !h -M- day.-,- of hi»;h liv- i.'.- t oJ-'.-. d (M V not make for e. t.-tiriv : f r,.' hfy V, t-en • V'-ry mov- i- . : -.'i.-d..-. o! s. I v.ir.i pinehe .-t ,.fj !! a!orti;.<ce can l:.-;o -.-i' s.'ivir.:; f-uT V '."J p..-*--{ j».-iint t The automobile has brought about big changes in the American home. It took away the use of front verandahs. It made the barn-now- the garage-part of thj house. It closed up many bacli. doors by making it handier to cair.v packages in, and garbage out through a door from kitchen to garage, .Now the aulr.mobiie is making another change in ho\ises, and h(jusfs in turn, are demanding a eliiinge in the automobile. * * * THK AITOMOBILIO brings so' many guests to the hou.se that ] theie is less and less use for th'.-' front door. With living rooms I moving toward the back yard, j many houses are being planned with no front door-^he main en- iranee is from the garage. It costs so much to build a garage, and the space is eraptj- so long, while the car is gone, that garages are being turned into car porches, and even into glass enclosed recreation rooms and conservatories ' * • * Btr AUTOMOBILES still drip oil and grease on these floors. So if the car is going to be brought into the house, it has to reform Manufacturers will have to do something about 'house-breaking their automobiles. Some architects have tried lo'v curbed rectangles in the middle of the floor of their car porche.'? When the car is gone, a folding table is placed over this opening But people who have tried it, find it a makeshift. Oil and gre-i- .-<e. dripping on the asphalt ti! • with wliieh they havi- paved \\u-^<- playrooms, disintegrates' the tile. Apparently the only solutioa will be metal diapers for cars EstlicrviJIe, Iowa, Daily News Fri., Ulay 16, 1852 7—A -^•.\\:r.'^~ in .ido-i':or. I: u- . • Ir; your horne, as cr •f'f :cf::er: ::jcf Krafft Music Co. KsfhtT\ill«-, lowii Contract Painting Kxltrior V. «irk I'a. ' 1 tnti "f ln'riif« an- rami Imiltlin:;-. Kr-- i-stiiuatfN. Iiitrrior job- (<•• ;.!<•((• Iin«' of {(aint<« W' w 'lW U- '^latl to (iiiotp a : net- (.>r mat^-rial- an- Lilxir on \oiir joh. Sf^f (Hir lan;»- wU-rtion of f\af HallpaperH. Ray's Paint Store Yir-A IUMT Vorlli of (^nuid Tbrtilrr at Your Is it drab — is If uninteresting? Perhaps what it needs is a new living room suite! Kroehler and Perma-Lux Living Room Suites as low as 179 mm 50 and up Nothing contributivs to luxurioas living like Carpet Fcaturinjr natioiially-kno\N ii .Alrxaiider '^'niidj carjX'liriii- s»v*«'«l to \oiir rofim «lini«-n-i(»ri an*] laid l>> rar|>»-t »'\j)crl~. .MfKli-rni/.<- halls, )uf< ht-n^, fKithrootiis, r<rt>fns. rhil- / dn-n's roofii". with casx i<.-ke.|,. good foftkini: .Arfnsfroii»;\ or Slu -mi -'s Inlaid Linoleum ' Asphalt Tile—Lino-Tile Rubber Tile Laid h\ our ou ii s'nill.-d l;i\.r> Co. ,1 loV.> - ' ' four

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