La Grande evening observer., January 28, 1928, Image 6

Pape Six'
LA GRANDE EVENING OBSERVER
Saturday, January 28, 1928. V
3
AN UNUSUAL
TATE!
OFREAJL
Forfeited. .(Contracts iSL
By Reason of
SICKNESS - NON-EMPLOYMENT- DISCOURAGE.
MENT - INABILITY TO PAY
mr HAVE FORCED THESE PLACES INTO OUR HANDS
THE PROPERTIES ARE GOOD, BUT WE MUST SELL THEM TO PROTECT
THE MORTGAGE HOLDERS
THE
OTHER FELLOW'S LOSS YOUR GAIN
Merchants get rich taking their cash discounts. These discounted prices will irive vou the
home you want at a price you can afford to pay with a profit to you on a re-sale.
Al we ask is that you assume the mortgage on any of these properties, pay as much down on the balance as you can, and then clean up the rest in
monthly payments that will be the same as paying rent. But listen when you make your down payment, no matter how small or how large it
may be, we II give you an additional credit of 50c on the dollar for the amount you pay down. For exampleyou pay down $100, we'll give you
credit on the contract for $50 more as a discount. Successful merchants become rich by taking advantage of every discount; this is your chance to
buy a home at a discount and profit thereby. You must act now any of our men will be glad to show you these properties. This offer will be with
drawn in (i0 days. Make an appointment with us Monday before someone else grabs a real home bargain at this big discount.
All mortgages and contracts carry the standard i nterest rate of 8. , , '
Your Chance To Own Your Own Home At A Bargain Price
1022 Y Ave. Two lots each 30x100 ft, good soil. The
house is in good" condition; has a cellar, y.o.odT
house. This house faces north. There is room for
, hath Toilet now in house connected with sewer.
The improvements on Y ave: will have to be as
sumed by purchaser. This is a good home district.
Property has sound value $1200.00, Mortgage" now
$550.00; int. 8.
We credit $150.00 for every $100.00 paid on equity.
: Monthly payments on balance if you cannot pay all
the equity.
1316 Y Ave. See this good bungalow 5 rooms and
bath, hardwood floor in front room, full basement,
cement foundation. The garage is extra good. The
. lots is 50x100, Y ave., facing north. Sound value of
this properly $3,250.00. Assume mortgage of
$1,600.00, and the cost of city improvements and
figure the discounts for cash on balance. No bet
ter home in the city for the price.
2511 Second St. Large 6-room modern house, stone
foundation; newly papered and painted inside. Cold
storage room, garage; screened in back porch. Lot
W)xl3o. Close to school and easy walking distance
to shop and mill. Sound value $3,200.00. Assume
mortgage $1,100.00, and city improvements and dis
count the equity. $1.50 credit for everv $1.00 paid
down. Monthly payments on balance of equity.
Lots adjoining Bowman-Hicks boarding house. 1 125 ft
by 270 ft. No city taxes just outside city limits!
Value $72.).00. Will accept mortgage $375.00, and
discount any part of balance paid down.
Acreage-li ', miles from postoffice. Each tract is
131.0 ft. by 302.5 ft. Some fruit trees on each tract.
Good graveled road. $250.00 each tract. Will take
mortgage for SI 00.00 on each lot. Discount the
balance, or allow 50c additional credit for each dol
lar paid down, with monthly payments on balance.
50 feet on East Adams 4 lots adjoining in rear running
back to O.-W. K. N. right-of-wav. Build vour
home on paved street and have your rabbit or
i n,,fai1 at yoiu" hMk do,,'- Sound value
$l,;w0.00. Assume mortgage $(150.00, and street
improvement?, and discount the equity.
K
2802 Third St. Good 4-ioom house, corner lot 60x110.
. Lots; of garden space, close to Iiiveria school and
shops. Sound value $1,650.00. make mortgage
$850.00, assume sewer and sidewalk. We will cred
it you with 50c discount for every $1.00 you pay
clown on equity; monthly payments on balance.
2704 North Ash Good 3-room house; city water,
' shade trees, lot 36x202; plenty of garden space.
$900.00 value. Assume mortgage $450.00 and city
improvements. Pay us . $275.00 and the place fs
yours. One of our best offers.
1607 Y Ave. A 3-room bungalow type house. City
water in house; cellar under house. Big lot 50x142,
. best of soil. Raise your own garden. Worth
$1,400.00. Assume mortgage $600.00, and small
sidewalk assessment. Discount the balance.
1813 East Pen 4-room, well built house; small cel
lar. House in good condition, newly papeied and
painted inside, lias been priced at $1,650.00. Mort
gage $800.00. For every $50.00 paid down we will
give you credit for $25.00 additional. Small month
ly payments on balance, if you cannot discount en
tire equity. "
46 Acres Neir Ladd Canyon. Sold at one time for
$2,600.00. Sound value $2,200.00. G-room house,
stone foundation, chicken house, shed, barn. Wire
fence, running water. ' Highway to door. Assume,
moitgage now on $1,000.00. Figure your discounts,
and pay us the balance.
704 Lake St. Near Bowman-Hicks mill. 4 rooms,
plastered, concrete foundation; good condition. Lot
50x120; wood house; city water. Sound value
$1,350.00. Will take mortgage. $700.00. For everv
$50.00 down on equity we will take off $25.00.
Monthly payments.
Cor. Cherry and Island City Highway 5-room house,
cellar, wood house, city water. Worth $1,750.00.
Mortgage $850.00 Discounts allowed on down pay
ment. Monthly payments for balance.
Cor. Y Ave. and No. Depot Fine building location.
Vacant lots 105x110. Value $1,250.00. Sidewalk in
and paid for. Street assessments to be assumed by
purchaser. Pay down what you please and month
ly payments for balance. $250.00 discount if all
cash.
1901 East Penn Big corner lot, 58x110. Good 5-room
hfmreyi-newly papered and painted inside; City'
waiter in kitchen.. Concrete foundation and cellar. '
. Good garage, wood house. Price $1,750.00. As
sume mortgage $800.00. Pay lis $566.66. .
1314 Penn Ave. Close in. Paved streets. Lot 60x110.
Good shade, 5 rooms and bath, good condition, stone
.foundation, cellar1, garage. Sale price two years
. ago $4,200.00. Assume mortgage $1,800.00, and
small balance on street improvements; and discount
the rest to the extent of your ability. Monthly
payments on balance.
1519 X Ave. 5-room plastered house and bath; wood
house. Lot 60x110. Close to school, shops and
Stange's mill. Shade trees, good soil. Price. $2650. .
Assume $1,000.00 mortgage, discount the next
$1,000.00, and pay balance $20.00 per month.
1804 Y Ave. 4-room plastered : house, good cellar,
wood house, newly painted inside and out. Lot
95x142. Some good fruit trees, garden ground.
Best of soil. $1,500.00 sound value. Assume mort
gage $500.00, and small sidewalk. assessment. Dis
count the balance on our terms and this place will
, cost you $1,166.66. Don't forget! Discount al
lowed on any down payment you, can make. Month
ly payments on oaiance.
i
1902 East Penn Comfortable 4-room house, cellar,
enclosed back porch, some built-ins, hot and cold
water; lot 45x110, on corner. Assume mortgage
$650.00. Price $1,450.00. . Discount the equity all
you can and pay the balance like" rent.
2601 Ash St 5 rooms and large room for bath. City
water in kitchen; sewer laid to property line, stone
foundation; good street. Fruit trees, 'lots of gar
den room. Value $2,450.00, plus city improvements
Will carry mortgage $1,250.00. Discount the bal!
ance and this home will cost you just $2,050.00, plus
city improvements. Where can you beat it'
J X
La Grande Investment Co. nc
Phone MAIN 752
Sherwood Williams, President
1203 ADAMS AVE.
Phone MAIN 752