Newspapers / The Pilot (Southern Pines, … / Oct. 12, 1934, edition 1 / Page 9
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Friday, October 12* 1934. THE PILOT, Si>uthern Pines and Aberdeen. North Carolina Page Seven FUNDS AVAILABLE FOR HOMEOWNERS Modernize Your Home With the Aid of the National Housing Act. MODERNIZE YOUR Heating Plant and Plumbing System Estimates Gladly Given a I! FRIGIDAIRE OIL BURNERS IRON FIREMAN (Automatic Coal Burner) L. V. O’CALLAGHAN ii I Tclephoae 5341 8outiiern Pines, N. C. BUILDERS Offices in the Citizens Bank Building: SOUTHERN PINES, N. C. WIRING Now Is The Time To Modernize Your Electrical System Telephone C. J. SIMONS Southern Pines A HOME DESERVES A GOOD PAINT JOB. We will be glad to estimate the cost to you of outside, or inside renovation. SKILLED WORKMEN. GUARANTEED PAINTS. See our washable wall papers. Shaw Paint Waijpaper Co., Inc. West Broad Street Southern Pines n REINECKE 6t COMPANY I THE UNITED STATES GOVERNIMENT 'has made it possible and practical for nearly every homeowner or prospective home owner to GP'T THE MONEY NOW to build, repair, remodel. MODERNIZE homes. You can jret a loan for home improvement even if your home is now mortgaged up to (50 per cent of its value. You can refinance your old mortgage up to 60 per cent of the appraised value of 'your property. Y'ou can boiTow up to 80 per cent of the value of a new home if you wish to build. Uncle Sam says: “Go ahead and borrow the money. T have arranged for you to get it on easy terms with long time to pay and low rates of interest. If you are of good character—_ a good moral risk—and hav'e a steady means of earning a liv-’ ing, you are eligible to borrow under the provisions of The National Housing Act. Don’t delay—plan to MODERNIZE your home now. Call in your contractor, painter, building material dealer, plumber or roofer for estimates. filK^^TIOXS V\n VNSWEKS ABOl T TIIK NAIIOXAL !IOrSIX(i ACT \\hiit I« Th«' I’lirpose of The Xational Housing; Act? President Roosevelt says: ‘‘Many of our homes . . . need repair ing and modernizing to bring them up to the standards of the times.” The purpose of the National Housing- Act is to make it possible for homeowners and prospective homeowners to secure funds to repair, remod el, modernize or build homes at low rates of interest with repayment privi leges covering a long period of time. What Is The Money Aviiihilile For (1) . . . for repairs, for remodeling, for alternations of established homes. (2) . . . for financing the building of new homes. (3) ... for fi nancing existmg home mortgages. Builder’s Supplies FOR THE MODERNIZATION PROGRAM Lumber and Millwork Built-In Fixtures Heart Cypress Shingles Other Roofing- Materials. Estimates Cheerfully Given on Your Requirements M.H.FOLLEY ABERDEEN We’ll Help You Arrange Your Loan xixxuitutt: itstmuxttuxisatui Builder*s Hardware Roofing-Sherwin-Williams Paints The prospective builder or re novator will find what he is look ing for in these lines at the Pinehurst Warehouses, priced right. THE PINEHl’RST WAREHOUSES PINEHl RST, N. C. Who Is Eligible to (Jet the Money? (1) . . . Any homeowner of good character- a good credit risk— who has a means of livelihood and i.‘! able to meet the payments reijuired and can borrow funds to repair and modernize homes— to bring them up to “the standard of the times.” (2) ... Persons wishing to build new homes who have 20 per cent of the value of the finished product may bor- j row the remaining 80 per cent providing they are of good character a ' H good credit risk—and have a means of livelihood which enables them to meet the payments required. (3) ... Homeowners who wish to finance their present mortgages may borrow upto 60 per cent of the appraised value of their homes, providing they are of good character a good credit risk and have a means of livelihood which enables them to meet the pay ments required. This amount must be paid off in regular installments cov ering principal and interest for 20 years or less. There is no renewal fee involved in this transaction. How Mtioh Cash Can HoiiM*owners Get . . . . . Up to $2,000 is available to homeowners for repain., modernizing and “to bring homes up to the standard of the times.” . . . Up to S16.000 is available to builders of new homes. ) *• W here Do Ilonieow ners Go to G( t the Money 11; ... to your community’s established lending- agencies, such as banks, in- j« surance companies, and building and loan companies. These agencies, rec- || o^nized by the United States Housing Administration, have full details about the act and are ready to answer any further questions. When Will the Funds Be K«-ii(ly to I’se . . . the money is waiting now. Home owners desiring to take advantage of i the privileges of the National Housing .A.ct should consult with lending i i agencies in their community at once. |' We Cover the Field of Carpentry^ Paperhanging and Painting and operate a CRAFTSMAN SHOP Eqiii}3ped with the latest type of machinery. No job too lar^e and none too small. Pinehurst Jobbing Co.,Inc. RAYMOND JOHNSON, Mgr. Pinehurst, North Carolina B ♦♦ ti u n :: H it «« « ♦« #• ♦♦ ♦« Ii- ♦♦ u H C. f. POTTJ^ BUILDER Carolina Theatre Building I: Telephone 5881 Southern Pines I'LAX TO Bl ILD NEW IIOMKS IIO'MES If you are thinking about build ing a house and are short on cash, this is an opportunity of a lifetime. The National Housing Act pro vides for loans up to 80 per cent af the finished value of new' homes. Thus, if you have a clear lot worth $750 and $750 in cash, you can borrow $6,000 to build your home which will have a total val ue of $7,500 when finished. Modernize and Repair Your Home Let the FEDF^RAL HOl'SINO •VC'T make it possible for you to make the improvements in your home whieh will give ad<l(*d Hap piness and Health. See Us for All Your Hardware Needs Highland Hardware House SOUTHERN PINES, N. C. TT?ttti?nTn??>ny A REAL. OF*F>ORXUNIT Y THE GOVERNMENT IS NOT TRYING TO SELL YOU SOMI^THING. It Is Offering To Aid You Through the N. H. A. To Fill A Need At Minimum Expense. YOU CAN MAKE AN ADDITION. AN ALTERATION. YOU CAN PAINT INSIDE AND OUTSIDE. PUT ON A NEW ROOF, A BATH ROOM, NEW LIGHTING, OR HEATING SYSTEM. The Citizen’s Bank ?nd Trust Co. Is Prepared To Handle All of These Loans. We Have the Necessary Forms and Information, and Will Gladly Go Over Any Proposition You May Have In View. SOUTHERN F»INES WAREHOUSES Telephone 7131 EVERYTHING FOR THE BUILDER Southern Pines
The Pilot (Southern Pines, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Oct. 12, 1934, edition 1
9
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