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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Oct. 27, 1957)
(j r w ? M r! a. o a ci w 2 i 2 -T Wt;;.:; NONFAT I DRYMIIK ? . i 1 This is the one that's delicious for drinking! Carnation fnstant"Maglc Cry sfals"-secret of fresh f favor nonfat milk instantly! Carnation Instant is the new pure crystal form of freshest nonfat milk. New Magic Crystals that burst into refreshingly delicate flavor, even in ice-cold water! Ready to drink, with all the natural protein, calcium and B-vitamins of fresh whole milk! Ready instantly for cereals, cooking, For drinking, cooking, baking and whipping- NOW SAVE ALL 4 WAYSI i ' baking - no special recipes needed! Even whips - directions on package. DISCOVER "MAGIC CRYSTALS TODAY I Look for Carnation, the only "Magic Crystals" Instant, today. The new way to fresh flavor always handy for drinking, cooking - at such low cost! Convenient 3-qt. and economical 8-qt. packages, with easy-pour spout. Mixes Instantly and Completely! milk mumm I sr r r x;. Only Carnation Magic Crystals mix instantly and completely in ice-cold water. No lumps, no pasty residue. Outg fWWb y 9 Tnjoud&Jbli nj by Jack Ryan 3ince world war ii, more than 15 million brides and grooms have marched down the center aisle, most of them set tling in vine-covered cottages just big enough for two. But today they are no longer only two. Junior has long since dismantled the vines, sister is fast outgrowing the nurs ery, and when offspring No. 3 arrives . . . ! "We need a bigger place," says Mom. "Our income is higher than ever. The kids should have room to grow." But to Dad the solution to his family's growing pains isn't so simple. What about the down payment on a bigger home? Can he get a fair price for the old one? Will he be stuck with two homes for awhile? The building and real-estate experts think they have an answer to these questions. "Within a short time," says the National Association of Home Builders, "a homeowner may be able to trade in his old house just as easily as he turns in the family car." The home trade-in idea has already been tested in scores of cities, with far-reaching effects. Here's how it works: A home builder who accepts trade-ins offers Dad a house that fits his increased income and family. The three-bedroom home costs $15,000, and the Federal Housing Administration will approve a $12,000 loan. The down payment is more than Dad can afford, and he must also worry about the $5,500 mortgage on his present two-bedroom home. So the builder goes to the FHA, which appraises the old house at $9,500, provided improvements costing $1,000 are made. On this basis, the builder offers to take the old house as "a trade-in for $8,500. Dad now has a down payment of $3,000 the trade-in offer minus the $5,500 mortgage, which the builder assumes and all he has to do is move in. The builder's next step is to take the FHA commitment to a bank for a remodeling loan and, after renovating the old house, sell it on the "used home" market. Another family, with a more limited income, now has a chance to buy a good secondhand home. Government experts point out that FHA remodeling de mands in such turnovers, besides opening up the tight housing market, save neighborhoods from becoming blighted. The reluctance of many builders to tie up capital in old homes has kept the plan from being widely adopted thus far. But it may become more popular now that the FHA has relaxed its modernization requirements and offered more inviting loans. Widespread use of the plan may burden Dad with a bigger mortgage, but at least he'll be relieved of all those do-it-yourself blueprints for triple-deck bunks and bedrooms under the eaves. He may even find some room for himself! Carnation Instant Chocolate Drink, toot Just add water. Delicious hot or cold. 14 Family Weekly, October 27, J 957
