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About The Oregon statesman. (Salem, Or.) 1916-1980 | View Entire Issue (Jan. 20, 1920)
J jniom e Is Where the Heart Is" run LTU You Can Do It Easily! of your own home. Two years ago if someone had stated that you would have to dig deep down in your pocket and help Uncle Sam you would prob- M ably have said, "It can't be done!" But you did it, possibly by real sacrifice and self denial, and you are today better for the effort and proud of the part you played in the great struggle. So just as you found a way to save and lend to your country ,v you can find, a way to save and buy a home for your family. Just as you proved your patriotism then, you can now prove your right to consideration as a substantial citizen the owner Remember, whatever amount you may be able to set aside as a weekly saving, you are always drawing that much nearer to the reward. You have established the habit of saving and have done more than that You have placed yourself on record as one of those who is looking ahead who is building for the future. And that reputation is first-hand evidence of honesty and good faith to whatever agency with which you may enter into negotiations. t - ' A thrifty, ambitious man grows tired of paying rent He knows it must be paid month in .and . month out a steady drain and, more's the pity, an endless chain, for the payments mean nothing for the future. The : water that's gone oyer never turns the wheel again of that you may be sure so why should you keep on paying the landlord . when you might, be. paying yourself? And, would you believe it, you can buy or build a cozy,' attractive home nearly as easy as you .can pay your rent BUYING THE HOME . . r , ' 1 Saving The First Step Most homes are built on credit To secure that credit there must be some collateral The first step, therefore, in building a home is to start to save and place those savings with a reliable financial institution that makes a business of loaning money for the building of homes. Now you have a definite goal in view you are saving your money to pay for a home the question is how much can you save from your present income and what will that saving amount to in a given period. Let us. see what the figures show. Saving $1 to $10 Weekly at 4 Compounded Quarterly and Your Account Will Stand as Follows: Delimits 1 year , f t. 09 $3:1.05 2. (M) 3. CM) 4410 3.IMI fl.tKI 10.0O 159.1.1 212.18 2rt.V2: 421.30 477.41 ft.lA.43 2 year IOS.24 210.40 . 2f.00 432.03 MI.17 1!.40 737.64 M13.87 071.11 1,H2-W 3 year 9 163.3 341.30 400.04 ; 002.00 K2H.20 OKI.01. 1,139.30 1,323.22 1.40OJI7 1 .030.31 4 years f 223.3 450.79 070.15 901.53 1,120.90 1.332JM lS77i72 1.H03.12 2.02H.31 2.23.1.K8 5 year 9 2H7V 575.00 802 50 1,130.13 1,437.08 1,72323 , 2.012.77 2.300.33 2,387X7 2,873 -Til 0 years 9 352.10 704.41 1,030.48 1,408.70 1,700.98 2.11322 2,403.41 2,817.0:1 3,100.83 3.322.01 7 year 9 410.40 838.0A 1,238.30 1,077.89 2,007.63 231 6.81 2,1)36.33 ' 3135 Jt2 3,775.30 4,104.75 8 yeam 9 489.45 i 078.03 1.408.27 1,037X0 2.447 Jl I 2.030.33 3,426.28 3,015.70 4,4052:1 4,804.00 0 year 950227 1.124.30 1.080.73 2.219.14 2,811,41 3.373.08 3,030 AVZ 4,408.32 n,ooo.eo 5,6221 IO year 9 028.01 1.270.11 1,014.00 2132.18 3.10O.22 3X28.20 4,466.33 5.104.42 5.742.43 6,380.47 It is what YOU EARN, it is what YOU SAVE, that counts. Your savings fundus steadily growing and Has now reached figure when you are war ranted in entering into negotiations toward selecting and securing your home. Just what bargain you may be able fo make and the terms of that bargain will, of course, depend on locaLconditions, property values and your own wish and judgment However, you will have some real capital, in fact, two assets to start with your savings and credit Any bank or JSuilding and Loan Association will finance your purchase to the extent of at least 50'a of the value of your property. - ' Again you may be able to buy and pay for your lot, irr which case many reputable realty organizations will gladly aid you to the extent of building your home planned as you wish it and to be paid for with the same or easier paymenlt than you are now making for rent There are also many other equally responsible and dependable agencies whose business it is to aid you. All they want is proof of your sincerity and honesty and that you, . yourself, can easily furnish if you try. The fact is you can buy or build a home, an attractive home, finance the transaction and finally own your property, fret of all indebtedness by the practice of a little sound Thrift and without depriving yourself or your family of any necessary thing. , Lay the corner stone of your. home now. Make Thrift Week the start ing point tf your "Buy a Home Fund" and build the foundation steadily week by week and month by month. There is no need to wonder how your neighbor was able to buy his home, start saving right now and get one of your own. . When you step across the threshold of your own home, remember, you are stepping into a better, bigger citizenship and an independence no one. can limit or destroy. OWN YOUR OWN HOME Start Your "Buy a Home Fund" Today! 1 Own Your ; Own Home REAL ESTATERS, AND LOAN AGENCIES ENDORSING THE "OWN YOUR OWN HOME" PRINCIPLE: John H. Scott Realty Co., 223 Oregon Building Estei and Kagee, 428 Oregon Building , 3. A. Pearson, 40 Oregon i Building Square Deal Realty Co., V. S. Bank Building Fleming Realty Co., Bayne Building Charles W.' Niemeyer, 215-216 Masonic Temple 7. H. Grabenhorst & Co., 275 State Street 1 E. C. Derrick & Co, 462 State Street Elsworth PickeU, 301 Masonic Building Childs & Maraach, 540 State Street D. D. Socolofsky, 341 State Street Sawyer and Emmett,- 341 State Street J. E. Scott, 124 South Liberty Street F. N. Derby, 204 Oregon Building H. E. Bolinger, 323 Oregon Building Hart and McKillop, 208 Oregon Building. Oregon Land Company (Swegle & Bell) 442 State st. Perrins and Masters, -212 Gray Building Laflar & Laflar, 406-7-8 Oregon Building A. C. Bohrnstedt, Agent Pacific B. & L. Association, 401 Masonic Temple. Hawkins and Roberts, .405 Oregon Building Mutual Loan and Sayings Association, 275 EUte F. L. Wood, Bayne Building H. S. Rad cliff, Bayne Building W. A. Liston, 484 Court Street 0. A. Clark, 141 North High Street Walter McLaren,' 180 North Commercial Street Kinney & Smith, 201 Bank of Commerce Building