Image provided by: University of Oregon Libraries; Eugene, OR
About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (May 8, 1957)
SIX MEDFORD (OREGON) MAIL TRIBUNE Biggest Problem in Remodeling For Some Families is Finances For most families planning to remodel their homes, the biggest problem is financial where to get the money. Today there are many possible sources of home improvement money and a vari ety of methods of acquiring it. Each type of loan has its own limitations and each has advan tages over the other types. The first item to consider in deciding what metod of finan cing is best suited to a home owner's own Operation Home Improvement project is the amount that will be required. If the need is great, the money will probably have to come as a loan from a mortgage lending in stitution. Smaller amounts may be obtainable from a credit union or private sources; in many cases a contractor or lumber dealer will allow the homeowner to re pay his charges in installments. Important Methods Here are the most important Landscaping Can Increase Values Increase the value of your property by 15 to 20 per cent by landscaping it properly! You'll also get a bonus of gracious liv ing for your whole family with a yard you can enjoy and be proud of. Modern landscaping will help to keep your property from de teriorating in value for many years. If your property is over grown from hit-or-miss, out mod ed plantings 10 to 20 years of age; you can relandscape it to make the property more beauti ful and liveable. ( Modern shrubs, many un known even ten years ago, grow more slowly and stay shorter than many plants put in the ground years ago. Often it is more economical to call in a landscape nursery man to plan the job right from the start. You not only avoid mistakes, but the overall effect is far more pleasing. Once you have a good plan, you can plant or re-landscape in piecemeal fashion until the whole work is finished. If you wish to do it all at once an FHA loan is available, with up to five years to pay for it. Prdper landscaping can pro vide gracious living and can up grade the value of your property in the bargain. Plan now to in clude landscaping in your spring home improvement plans. INATIONALI Vtf nib? fhis is the Alg(3 month to Belter Your Living I llow fitting it it Hilt Better Your Liv ing Month should be the' very month in which Mother hat her special day. For as "Queen of the Home," Mother is particularly concerned with any thing and everything that will make home life easier, more comfortable, re fun for the whole family. When she gets that "Operation Home Im provement" gleam in her eyes, happy things are sure to happen! Start Your Own Operation Home ImproYement NOW! s SAVINGS deposited by May 1 0th earn dividends from May 1st 9 9 n SAVINGS LOAN 126 East Main Medford fe methods of obtaining large sums of remodeling money: Refinanc ing or new mortgage financing, open-end or additional mortgage advance. Federal Housing Ad ministration Title I home im provement loans, and the indi vidual loan plans of banks and other lending institutions. The largest amount if the owner has completely paid for his home or at least has a sub- statial equity in it can be ob tained by getting an entirely new mortgage on it. New mort gage financing means exactly what the term indicates, to get a new mortgage on a "paid-un" home. The owner of such a prop erty can often borrow up to 50 per cent of its appraised value, or even more. Refinancing is the procedure whereby the owner acquires a new mortgage loan of an amount large enough to pay off the ex isting mortgage on a home and to finance a modernizing project as well. Recent Development A fairly recent development in the mortgage lending, business tne open-end mortgage has made refinancing procedures un necessary for many thousands of families, even where major re modeling projects are involved. Stated simply, the open-end mortgage is one containing a clause under which the lender can make additional advances of money for modernizing up to More Economical to Remodel Than to Sell Home owners ask is it pos sible to bring these old homes up to modern standards? Yes. In most cases it is more economical to remodel and renovate than selling at a sacrifice and build ing anew. Exterior remodeling can take many forms. It can be very ex tensive so that all traces of the original appearance are removed or it can be limited and the most , made of small changes. Changes in landscaping can do a great deal to soften objection able building features that can not be changed. Landscaping is as much a matter of design as is architecture and there are men and women who are especially trained to help you. - A remodeling project should be approached with a great deal of thought. Professional assist ance is your assurance that you will get the best possible job for the least amount of money. ASSOC AT10N "Where You Are Paid To Save" HOI Irv ' M y i Wednesday, May 8, 1957 the amount of the original loan. Homeowners who are not sure whether or not their mortgages contain open - end provisions should consult their lenders. Sometimes, a lending institution will write in such a clause, par ticularly if the institution has adopted open-end mortgages as standard procedure since the original mortgage was written. The homeowner who is plan ning to get a new mortgage, either on a new home or his present one, would be well ad vised to insist that the lender in clude an open-end clause. Then, when remodeling becomes de sirable later on, the financing path will be simple and clear cut. Smaller home modernizing projects, requiring expenditures of less than $3,500 can usually be financed without a mortgage involved in the transaction. And, as in the case of the bigger jobs, there are a number of possible sources of money. One of Most Common One of the most common is the FHA's Title I home improve ment loan program. The Title I program, in its 20 years, has ben efited millions of homeowners and has been behind billions of dollars worth of remodeling projects throughout the country. Under the Title I procedure, the homeowner is allowed to bor row money for home remodeling, with the FHA insuring repay ment of the loan. The maximum amount that can be borrowed under Title I is 83,500 and the maximum repayment term is 5 years. Five per cent discount in terest is charged on the first $2,500 and 4 percent on any por tion of the next $1,000 up to the maximum of $3,500. "Discount" interest means that the charges are deducted from the amount of the loan as a discount at the time the money is borrowed. The American family has come to realize that wise use of credit permits the enjoyment of better living standards without waiting or undue sacrifice. The many pos sible methods of financing and the many sources of loans make home improvement a particu larly desirable credit purchase. New Space Saving Accordion-Fold Door Pari of Decor Why let problem doors decide your decorating scheme? Now, a new speace saving accordion- fold door can become part of your decor. You can slip cover or paint it. And, you can install it yourself. A quality folding door in standard sizes is now available at low cost about the price of an installed wood door. Former ly such doors were available only on custom order. Built like an accordion, the door folds into itself. It actually creates about six square feet more floor and wall space in your home, makes rooms larger and more livable. Combine two and you have a room divider. The double-strength interior steel frame assures balanced ac tion and graceful folds. New and exciting ideas for room decoration are possible with a special double-fold con struction that gives two identi cal sides to work with so that you can decorate each side of the door to fit the room it faces. Match Wallpaper You can match your wall paper, drapes or upholstery; make it a color or design accent for your kitchen, bedroom, liv ing or dining room or to bright en a hallway. And it s easy to paint this door to carry out wall and ceiling color schemes. Just use any good quality rubber-base paint. Not only can you decorate the door yourself,, you can install it yourself in less than 15 minutes with nothing more than a screw driver. Everything necessary for installation track, screws, in structions comes in the pack age. These doors are available in standard sizes that fit most door ways; two foot, two foot six inch, three foot and four foot widths all in six foot six inch or six foot eight inch heights the four foot width is also available in an eight foot height. 'Nominal', 'Actual' Sizes Confusing "Nominal'' and "Actual" sizes of lumber are often confusing to the home handiman and do-it-yourselfer! You buy what the building trade refers to as a "two-by-four" and find that it will be at least 15i inches by 3? inches! This is because the original, or nominal size has been re duced by seasoning and surfac ing operations. Temperature, hu midity and other conditions in the retail lumber yard also have an effect on size. Standards have been estab lished to assure that dressed lumber lumber that has been surfaced and seasoned meets certain requirements of thick ness and. width. SAW KIT This handy clrill saw kit has a hook or slot for every tool; eliminating mess in the bottom of a tool chest. The sturdy, metal case can be mounted on the workshop wall and is com pletely dustproof. Satin finish tools. By Cummins of the John Oster Mfg. Co. Suggestions Offered To Make Workshop There's scarcely a man alive who does not dream of having his own workshop, equipped ac cording to his own individual needs. The amount of space a man has for shop work determines the kind of equipment he will get and the kind of shop projects he will try. Workshop planning experts offer a few suggestions to help the home handyman in assem bling a workshop. Usually a man who wants a power shop enjoys doing things with his hands. He may be an expert, or he may be a fellow who's never lifted a hammer in his life. Main Essentials The main essentials for any shop are enough power to oper ate the tools, good light and elbow room. Places to store a work apron and other paraphernalia are es sential. It is a good idea to have a pegboard for hammer, chisels and other hand tools above the work bench. Nowadays even the apart ment dweller can have a work shop. Tools can be stored in a closet or cabinet and sawdust can be swept up with the vac uum cleaner. In a new tool organizer kit there is a slot for everything needed for household repairs. Quality Tools Quality tools for the kind of work to be done are the best investment you can make. Ex amine the equipment carefully, ask for demonstrations and com pare different manufacturers' tools before making a decision. If you plan to undertake a major project, like bujlding an fH . J -'. jjKa-T-1ffg-jS!-Wt'Ht:tg: 'TX-H-?y!CTvv''?yTO?iiyWffl;yW' .WA'.'pslMesteaMsWWolBWIWBBWnsiiWsiiiiM S : 1 i 1 ! w-.Ai EXTRA ROOM Look to your living room for that extra room when company arrives. A large folding door can divide your living room to provide a guest bedroom, den or dining room whatever the occasion demands. Enjoy the privacy of a double duty living room without expensive remodeling. "Modernfold" Doors by New Castle Products Inc. If You Plan to Build a Driveway JUdivtud- SP 2-5271 extra room or modernizing your home, you will need heavier equipment than you would need for simple repair jobs. The most basic and indispens able tool in any home workshop is the quarter-inch drill, which does everything from sanding and polishing to mixing paint A vast selection of attachments is available to fit this handy little power tool. Portable Power Saw Next in importance is a port able power saw, to assure un equalled accuracy and eliminate the fatigue that goes with hand sawing. The advantage of a portable saw is that it can be carried to any job, from the back yard fence to the roof. You could build your own saw table, but you will find that a ready-made one has nu merous advantages. Buy one in which a portable saw is insert ed easily and you have a tool that doubles as a stationary circular saw for critical cuts. Even though your interest in your shop work may lead you to more advanced projects, these basic tools are always useful. EXPAND YOUR HOME If yours is a small home and you need mores pace, you can add-a-room at moderate prices. If you have ground on either side of your home or. in tne rear, an extra room can be at tached for bedroom, den or en closed porch. Rooms can also be added over a basement ex tension, or over a garage or porch. Check now and see how you can add more space, or make better use of present space. , Sidewalk or Specify and Insist on Tru-Mix CONCRETE Operation Home Improvement is now In full swing! The whole community his joined forces to make it easier for you to obtain the services, maferals, tools and financing you may need to" add fceauty and comfort to your home by modernizing now! CONCRETE C? 248E.McANDREWS Ml Heating-Units Take On Modern Style Modern home designs has en couraged home-heating manu facturers to combine the func tion of heating with The styled beauty of modern furniture. Since the end of World War II, homebuyers have demanded a maximum of living space with the minimum amount of room for such important needs as heat ing and laundry facilities. In thousands of homes the basement or utility room has taken on liv ing room importance. Architects have brought the furnace from the depths of the basement to the very eyes of the housewife. And she has deman ded that her furnace have all the smartly-styled and tasteful lines included in modern furnishings. Nowadays, th,e furnace must have the crispy tailored lines of a piece of modern furniture. It must be compact as well as ef ficient. It should have no unsight ly controls protruding from the cabinet. And it has to have a good-looking cabinet,- well-fin ished to provide harmonious blending with interior decora tion. For 1957, manufacturers have enlarged and redesigned their entire furnace lines. The fur naces are more attractively styl ed, have completely enclosed automatic controls, are compact to permit installation in closets, small alcoves or utility rooms. EXCESSIVE MOISTURE Excessive moisture in the house will cause wood furniture to swell and shrink. Drying of laundry in the home, for exam ple, causes gallons of . water to evaporate into the air. Wood fi bers tend to pick up this mois ture. SAVE SPACE Save table and floor space by using attractive ceiling and wall fixtures to provide light for read ing and sewing and general room illumination. Look Choose automatic water-heaters give you tankful after tankful of hot water for ' I 1 WMfM sMSTAUATlOH MCLUMD y W&i) ON YOUR CONTRACT. ALSO TANK GAS Tesj torn oho hewe maiam faking and water heating BEYOND THE CITY MAINS . lacNJH abaet ear LOW RENTAL PLAN ot tank ga MEDFORD, Weathered Roof Will Damage Interior Many a home owner who has put off replacing a weathered old roof has had cause to regret it, for the interior damage caused by leaks can be more costly than a new roof. , Prevent damage by having your roof inspected periodically by a' reliable roofing contractor. Research has shown that a roof wears out uniformly. Patch ing an old roof seldom pays. Time and labor costs of re moving the old roof can be saved by installing long-wearing asphalt shingles over the old roof covering. This retains the insulating value of the old roof. Home owners planning to re roof will find, that asphalt shin gles come in a wide range of solid and blended colors for any setting or type of architecture. Shingles are available in many shapes that form distinctive de signs on the roof. You can add new beauty and protection to your home with 'smart, practical roofing. Bathroom May Be Made Into Laundry Check your bathroom size carefully if it is at least 8'xl0' it may be converted into a prac tical laundry center. What spot in the .home could be more logical for such a work room? Since the family bathes, dresses and undresses either in the bathroom or the nearby bed rooms soiled linens, clothes and towels usually collect here. Standard size washers and dryers can easily be accomodat ed in this area. Short run pipes for the extra plumbing help keep installation costs low and, hardly more than four feet of wall space U needed for the , equipment.' to the Future! GAS Appliances! WATER HBATBR America's Fissst - Easy ti AffcnJ Jfce hot-water buy of a Efetiot! Cart net. stops teaks ... esds orimxy water heaters-JETGUK! SERVICE CALIFORNIA-PACIFIC UTILITIES COMPANY OREGON Don't take on costly termite damage te ? home. Terminix, world large rs termite imMFui wis give you gnansteai protection mat you from ' laves row expense. Since 1929 the scientific Terminix method hm been proved effective in over 125,000 homes and buildings. Your Heme Inspected Free- The first step in termite to ask for a skilled inspection f ' home and report on its coed There's no obligation, even if e' mites are found. Phone us today far this valuable inspection service, BIG PINES LUMBER CO. 6th & Fir Ph. SP 2-62S1 As Adnrtta hi TSM and ettw Km 4 JEgSF ..your family less becane i i GIVES HOT WATER- fester! PHONE SP 2-5284 v .-- nines
