Newspapers / The News-Journal (Raeford, N.C.) / Oct. 13, 1977, edition 1 / Page 13
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Housing Tips By Willie Featherstone, Jr. Asst. Agri. Ext. Agent How can you get the type of housing your family wants at a rqpsonable cost? Should you rent or buy? You likely will want to give some serious thought to the ques tion of renting versus buying before making your decision. Both renting and owning have advantages and disadvantages. In deciding which is right for your particular family you will want to consider such factors as the size and age of your family. Your finances, your job. your family's likes and dislikes, and housing available in your com munity. Renting 1 . Family has more control over living expenses. Rent is a fixed amount and may include utilities, decorating services, etc. 2. Family will usually spend less on a home that is rented than on one they own. 3. Renting obligates the family only for the length of time specified in the lease. If family finds too much is being spent for housing, other arrangements can be made when the lease expires. 4. There is no chance for loss on ?investment and no commitments for payments on a mortgage. 5. Renting tends to be more flexible than ownership. It is easier for a family to move. , 6. There is a limited amount of responsibility. You are not con cerned with real estate taxes. Special assessments. Major repairs and replacements. 7. Renting gives an opportunity to learn about different areas and enables the family to be the better judge, if they decide to buy. 8. The housing needs of your family in the future are uncertain. Owning A Home I. Money put into a home instead of renting is a fairly safe ? Home owners: Inflation can be more dangerous than fire! If you had to rebuild your house today, it would probably cost twice as much as it did twenty years ago. That's why you need Nationwide's Homeowners Insurance with optional "inflation protection". Helps keep your coverage current. Call for details. M VARDELL HEDGPETH 121 Weat Elwood Avenue Raeford. N. Carolina 28376 875-4187 NATIONWIDE INSURANCE Nationwide is on your side form of investment. It' you make a good choice, the property will likely increase in value and you can sell tor a profit. If the property does not increase in value, this is not really important as long as you continue to live in the home. 2. Owning is a hedge against inflation. If inflation comes, the value of the property will rise. However, in times of deflation, the dollars paid on a mortgage are worth more than at the time of the contract. 3. Homeownership offers some advantages on income tax. Real estate taxes and the interest charged on the mortgage are proper deductions, if you itemize deductions. 4. Buying a home encourages a family "to save. A family that otherwise might be unable to save is forced to do so when mortgage payments must be met. 5. Home ownership gives the family a feeling of security. This is especially true when a home is paid for. 6. Money invested toward paying off the mortgage may be used as security for an emergency loan. 7. Homeownership is a symbol of achievement. 8. Ownership improves the fam ily's credit rating. 9. Owning enables the family to make any alterations to the house and yard it can afford. If the family enjoys painting, decorating, yard work and other tasks associated with caring for the home, these activities can be a diversion and at the same time increase the value of the property. Ministerial Panel Elects New Slate The Raeford Ministerial Associ ation met Monday. Oct. 10. in its monthly meeting. Officers for the year 1977-78 were elected as fol lows: President. Rev. Billy Beaver. Raeford Baptist Church; Vice Pres ident. Rev. Kelly Wilson. United Methodist Church; Secretary Treasurer. Rev. George R. Cheney. Jr.. Shiloh Bethel Presbyterian Churches; and Public Relations Chairman. Rev. H. Paul Strassle. St. F.li/abeth's of Hungary Catholic Church. A part of the meeting was given to plans for the Community Thanksgiving Service. N.O.W. Group Meets Oct. 13 The Battered Women Taskforce of the National Organization for Women will meet Thursday, Oct. 13, at 7:30 p.m. at the Bordeaux Public Library in Fayetteville to discuss the needs of women in the area who are beaten by their mates and to begin plans for establishing a refuge house. All interested persons are wel come and are urged to attend this first meeting. For more infor mation, write P.O. Box 873. Newbold Station. Fayetteville, 28301. More Livability at Less cost per sq. ft. A whole new world of living opens up with Cham pions 14 ft. wide homes in popular modern decor groups, two and three bedrooms, completely furnish ed including carpeting. And complete means from delivery to set-up with financing to suit you. New 14ft. Champion Homes on display now! FAYETTEVILLE, N.C ? ?ivd. at cTTcv\U.?.nC sisss W m HOUSING MOilll HOME Stll! ? SIKVICf ? RINTAlS TAYLOR HOIVIES Q FACTORY OUTLET PLA YERS ?? Upchurch girls' volleyball team members for the 1977-78 season include June McAllister ami Teresa Pickett, co-captains, Deborah Lone. Brenda Blue. Deloris Gilchrist. Sandra Bueland. Lisa Pue. Elisa Blackshear. Cynthia Smith. Vanessa Huey. Patricia Daniels. Loretta Monroe. Shelia Adams. Teresa Kemp is the team trainer and Debbie Williams, scorekeeper. Brenda Ramsey is the team coach. [ Photo by S.H. Aplin\ CHEERLEADERS ?? Leading the cheers for the Upchurch Eagles this year are Angela McLean, chief. Donna Maxwell, co-chief. Dana Connell. Angela Blackshear. Carla Myers. J tidy Scull. Pam McNeill. Cindy Home. Angela Southerland. and Rowenia Leggett. Carolyn McBride sponsors the group. \Photo by S.H. Aplin] Former Gov. Robert W. Scott, a ruling elder in the Hawfields Presbyterian Church, will, be the principal speaker at the annual homecoming service of the Lumber Bridge Presbyterian Church on Sunday, Oct. 16. at II a.m. Dinner on the grounds will follow the worship service. All members and friends of the church are invited. The Lumber Bridge Baptist Church announced revival services beginning Sunday and continuing nightly at 7:30 through Friday. Guest speaker will be the Rev. Lawson Smith, associate pastor and youth minister of the First Baptist Church in Lumberton. Children's choirs under the direction of Mrs. Jane Morgan, Kathy Morgan, Mrs. Donna Bern hardt and Mrs. Maxine Colston will present a special program Sunday night at 6:45 at Raeford United Methodist Church. The Handbell Choir, under the direction of Miss Sharon Currie, will present its First public per formance of the season. Also featured in the program will be a unique slide presentation of Church News the work of the local church with no pictures of faces. Only Hands, of the people and their activities. A short business meeting will follow the program. The Nazareth Baptist Church celebrated its 50th Anniversarv Oct. 2. Recognized during the obser vance were T.J. Pipkin, oldest deacon, and Mrs. Daisy Ingram, oldest missionary. Pastor of the church is the Rev. S.C. Fairley. Malcom McBryde is church superintendent. Miss Moll retta McBryde. secretary, and Mrs. Ann Jackson, painist. The church honored Mrs. Eva Mae Lide of Raeford Sept. 4 by crowning her as Mrs. Nazareth during an education rally. Sandy Grove United Methodist will observe Sunday as Homecom ing Day. The Rev. Lester Sessonis. Jr.. will be conducting the worship service. Services will begin at 9:45 a.m. A picnic dinner will follow the service. Friends of the church are invited to attend. LAND FOR SALE Lots - Partials - Tracts Ideal sights for homes, weekend retreats, mobile homes or whatever. Some have re strictions, others none. Wooded or open. Paved and unpaved frontage. From Vz acre in size. Easy terms. Low interest. 5 years to pay. Call today and ask to see property at Dundee Farms Arran Ready, Inc. 6230 RAEFORDRD. FAYETTEVILLE, N. C. TEL. 867-8181 DAY 425-0712 NIGHT 867-2943 NIGHT Band Rates Superior The Hoke High Band received a superior rating at the Pee Dee Marching Band Festival in Flor ence. S.C.. Oct. 8. The band, under the direction of Jimmy James, will enter competi tion this Saturday. Oct. 15. at Band Day at Richmond County Senior High School in Rocking ham. The band will leave Raeford at 4 p.m. and is scheduled to perform at 7:06 p.m. Admission to Band Day is $2 for adults and SI for all students. Gross Retail Sales Gross retail sales in Hoke County slipped to $2.79 million during August, according to the latest report from the N.C. Department of Revenue. Sales for July. 1977. totaled S2.92 million. P* ' 0 Walter Coley Perhaps heavy cigarette smok ers should not be allowed to donate blood, suggests Dr. R.W. Eliot, V.A. Hospital at Gainesville. Fla. Their blood is about one-third less efficient in ability to carry oxygen. This would also explain why a hea vy smoker becomes 'winded' more quickly when doing strenuous work or exercise. Have your doctor phone your prescription to us |H ?if* Of.** Mike Wood Hoke Drug Co. Tel. 875-3720 Consolidated Report of Condition of The Bank of Raeford of Raeford in the State of N.C. and Domestic Subsidiaries at the close of business on September 30, 1977 BALANCE SHEET Cm* ?"<! due *rot M-ht Of S erf t Ob>>|M o?% of State* er- j po t c+ tutx Oth?- Oondt A??e* Cow* fttoek ti una 1 1 nsr : 'iq f"!| * t ... it* I* It T-~e a-* it Dwoiii? o' Stun 23 OflM-lt O* CO""*M 23 Cen.f-ed e-xJ on 24 IOTAL DC POSITS n 'Mt'li'uiOl (w<t DltM 1 ?6 <>?*' ?Of tv.-o ?? fMCuM f . r* o?h?. i.?p, K) TOVAi (.l??HirirS i?c, II $?,fc?r*ir<ete<i ncilti *~r fQUHY CAPlTAl MfMORANOA 21 1 ImZ. ? uisi- . >? +ui . ?? iii. zarHS r? jWfcjS ' Wr f 1 " "Vl'.. ._4? ?U4 ;? 171 ? ; ,j >t ? OtMI'K :? % . ? ?% ' ?10C. ?6<3 Tot?l Deposit of the State o< N.C. or any official thereof S6.560.29
The News-Journal (Raeford, N.C.)
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Oct. 13, 1977, edition 1
13
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