5
Extension Forum
;By MRS. PAIGE L.1
UNDERWOOD
Home Economics
Extension Agent
TO OWN OR TO RENT?
Every family must have
some place to live. There
'are many problems
involved in housing a family
regardless of where they
live. Families today spend
about 25 per cent to 35 per
cent of their total income for
housing. When a family
looks for a place to live,
they must decide whether to
rent an apartment, to rent
or buy a house, to rent or
buy a mobile home, or to
buy a multi-family house.
Most couples dream of the
day they, will be able to own
- a home with generous closet
. space ' and room for the
children to play.! On .the
other hand, many
1 homeowners would like to
be relieved of the
responsibility of .home
ownership and would
willingly exchange all for a
"I two-room apartment.
Thequestion of owning ver
sus renting should be thought
out. thoroughly. Both
the social and the financial
advantages ; should be
compared. It has been a
tradition in this country for
... rural landowners to own
their homes also; the two go
, together. Homeownership in
towns and cities - is the
accepted goal for most
families.
In some ' communities
there are only a few
desirable houses for rent.
The best rental housing is
found in the cities and towns
and their surrounding
developments.
Today more and better
houses are available for
rent, and families are better
able to find rental houses
which meet the family
needs. Individual family
circumstances dictate the
answer to the question of
renting versus buying a
home. There are major
decisions to be made before
deciding whether to rent or
buy or build.
ADVANTAGES OF
HOMEOWNERSHIP
Social Advantages:
1. Homeownership gives the
family a feeling of
security, pride and
independence.
2. The homeowner is certain
of a place to live and
cannot be asked to move.
3. The homeowner has a
wider choice of sites,
house designs and
neighborhoods.
4. Owning a home gives
greater freedom to live as
the family wishes without
interference from v a
landlord.
5. The family that owns has
a great opportunity for
individual expression in
regard to both the
exterior and the interior
of the house.
6. The homeowner is free, to ,
remodel or improve his
dwelling to provide for
family needs and tastes.
7. Better decorating and
: furnishings plans can be
made because they fit
into a plan that can cover
a long period of time. .
8. Home owners are often
better ' community
. citizens. s
9. The responsibility of
ownership in meeting
' taxes, making financial
1 payments and making
i improvements develops
Judgment and allows
opportunity for
developing skills and
' creative ability.
Financial Advantages: '
1. Homeownership is
considered a good
investment. . '.,,
2. Homeownership
frequently leads to
financial independence.
" 3. Homeownership creates
an incentive to save.
1 4. The annual cost of shelter,
is relatively stable. '
5. There are income-tax
17
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advantages to,
homeownership.
6. Homeownership costs are
,.' less after the house is
paid for.
7. Homeownership improves
credit rating. '
ADVANTAGES OF
RENTING
Social Advantages: . '
1. Renters are freer to move
. to another pla.ce - as
housing needs change.
2. Renters are able to move '
' quickly without the
problem of disposing of
property.
3. Renters are relieved of
the responsibility of the
upkeep of property.
4. Renting prepares a family
to be a better Judge of
houses they might later
; buy.
Financial Advantages:
1. Renting may be cheaper.
2. The family that rents
never suffers a loss by
decline of property value.
3. Renting requires little
saving in advance.
4. It is easier to budget and .
control expenses, since
the family is not
responsible for upkeep,
taxes and repair.
5. Renters are obligated
only during the period of
the lease.
DISADVANGES OF
OWNING AND OF y
RENTING
There are disadvantages
to either owning or renting a
house. Both the advantages
and disadvantages must be
studied carefully in order
for one to make the best
decisions for each indi-
victual fanuly.
OWNING
1. Meeting the costs of home
ownership may rob
certain members of the
family , of other
. d e v e 1 o p m e n t
opportunities.
2. Ownership ties a family to
a give location, since
property often cannot be
sold without a sacrifice.
3. Family members may
have neither the time nor
the desire to manager the
upkeep of a home.
4. Property values may
decline and investment in
a house decrease
accordingly.
5L There are often Mdden sj
unexpected expenses. ,
6. In time of economic stress
and reduced income the
. family may find itself
encumbered with
ownership costs out of
reasonable relation to
their income.
RENTING
1. The renting family has
nothing to show for its
lifelong housing
expenditure. .
2. It is often difficult for the
family ' to obtain
necessary repairs on a
rental house. ,
3. It is not always possible to
find a house in the desired
location.
4. There is no income tax
deduction for rent paid.
5. When housing supply is
scarce, it may be more
" difficult to find, housing
jtdL"Jufe insurance
Nationwide recognizes the equal importance of
husband and wife. That's why we offer a life insurance
plan that provides equal coverage for both spouses .
at a cost much lower than you'd expect.
Nationwide's modern plan also builds cash value (or
retirement income or emergencies, and pays dual
benefits in the event of simultaneous death of both
husband and wife
For more informatio.i, call your Nationwide agent
today.
, 0 r k.
r
NATIONWIDE
Li
j INSURANCE
Nationwide
Nillonwld Lh Inwnnct Compuy
Horn Oflfc Cokimbu. Ohio-
tovje l:otor
COr.lPAfJY
i:EnTrc:.D; ri.c.
"When Service Is A Pleasure. "
t::i cist lt:d Cs'.:s.
l
La
ANSWER CALL At approximately 4:10 p.m. on
Monday, members of the Hertford Volunteer Fire
Department answered a call at 212 W. Grubb St., Hertford.
There was minor fire damage but excessive smoke
damage to the two-story white frame house. Cause of the
fire was cited as a burning cigarette dropped on a couch.
fi IH II II O il
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CLEARING OUT SMOKE Hertford Fire Department
Chief Francis Nixon assists other department members in
clearing out smoke during the Monday afternoon fire call.
(Newbern photos)
WEEKEND HERE
Mr. and Mrs. John
Stallings and daughter of
Greenville . spent the
weekend with their parents, r
Mr. and Mrs. Jimmy
Stallings and Mr. and Mrs.
Jimmy Sawyer.
" NORFOLK GUESTS
Mr. and Mrs. H. Ray
McCoy of Norfolk Va. were
guests of Mr. , and Mrs.
Ralph Wilcox on Thursday.
ATTEND CONVENTION
James Divers and Cecil E.
Winslow attended an ABC
Convention in Pinehurst this
week.
RETURNS HOME
Harry Broughton has
returned home after
spending several months in
Southern Pines with Mr. and
Mrs. Howard Broughton.
the family can afford to
rent. ;.
6. The landowner can sell
the house or ask the
renter to move at end of
lease.
t G. "Pete"
Overman
Hfd.-Edn.Hwy.
Hertford, N.C
Phone 426-5457
la on your aide
$ ! !
TV
111
OF VALUABLE FARM EQUIPMENT
Saturday; Feb. 15, 1975 -10:00 A.M.
SALE LOCATED; ON STATE ROI'TE 600 TO 604; 1 MII.E NORTH OK
CHUCKATIK K. VA, OFF ROUTE 10. FOLLOW AUCTION SIGNS.
Ford Tractor 6000 (Dierel)
Ford Tractor 4000
Select-a-Speed (Diesel)
I.H.C Tractor H
t Peanut Dryinf Unit 4-Pittman V:t)nn
6-H.P. Aerovent Dryer
t) Hydraulic Lift (For dumping peiuiui
wagons)
Gleaner Grain Combine with Cob
2 Row Corn and 4 Row Bean Header
Benthall Peanut Combine P.T.O.
Farmhand Grinder and Mixer
Portable P.T.O. (Feedmaster 820)
i Ford Cultivators 4 Row
Cola Planter 4 Row with Tool Bur
and Applicator
Allb Chalmers Disc 10 Ft. on P.ubber
John Deera 4 Bottom Plow
(14 Inch)
John Deere 8 Bottom Plow
(14 Inch)
Ford Sub-Soller t Prong
S Pt Hitch 108
Johnson Duster 8 Row
Johnson Peanut Vine Cutter
Goodrich Peanut Digger
MANY OTHER ITEMS TOO NUMEROUS TO MENTION
TERMS; CASH OR GOOD CHECKS
, - NOT RESPONSIBLE FOR ACCIDENTS -
SALE AUTHORIZED BY:
t. a RICHARDSON
14M Cherry Grave Rd.
Ballett, Va. .
More Reason
Why General
Electric Is America's
No. 1 Major Appliance
Value! . . .
CWTOteMTlM
cm. ioin
I MRV1CI fl
VlVMYWHIM 1
Feb. 1937
By VIRGINIA WHITE
TRANSEAU
WILL OPEN CAFE IN
OLD OFFICES DR.
DAVENPORT: A cafe to be
opened shortly in the
quarters made vacant by
the removal of Dr. C.A.
Davenport into the new
Medical Building recently
completed. The place, which
is located on Market street,
near the intersection of
Church, has been leased by
J.S. Assad, of Jacksonville.
Not for long were the former
offices of Dr. Davenport or
those of Dr. Brinn vacant. In
fact, it might be said, that
they haven't been vacant at
all. For years, all through
the years of depression
there was not p vacant store
in town, and at present there
is only one the place on
Market St. made vacant by
the removal of Walker's to
his new location on Church
St. The offices formerly
occupied by Dr. T.P. Brinn
and owned by Charles
Johnson, have been rented
by T.S. White, Jr., as an
insurance office. Mr. White
will open for business
probably next week. H.C.
Stokes, who owns the place
leased by Mr. Assad, stated
this week that he had no
knowledge of just when his
new tenant will open his cafe
but probably in the very
near future. He operates a
cafe at Jacksonville at the
present time. There is
generally not only a
shortage of stores in
Hertford, but of living
quarters as well.
EXAMINATION
CALLED FOR SUB
CARRIER AT HERTFORD
POST OFFICE :
Announcement is made of a
United States civil service
examination for substitute
clerk-village carrier, post
office service in Hertford.
McClenny Peanut Digger and Shaker
John Blue Fertilizer Sower
4 Row on Bar
John Blue Liquid Nitrogen Applicator -
1O0 Gal. Tank
Johnson Sprayer 100 Cal. Tank
Folding Drag 14 Ft 8 I't. Hitch
2 Seta of Section Drags
Double Weeder 4 Row 3 PL Hitch
Ford Rotary Cutter 6 Ft
Ford Wood Saw 3 Pt Hitch
John Deere Manure Spreader
Rotary Cultivator 2 Row P.T.O.
36 Ft Pittman Corn Conveyor
20 Ft. Pittman Peanut Conveyor
on Wheela . . .
Jnhn Deere Hsmmer Mill . :
P.T.O. on Rubber
Trailer with Dual Wheels 13 Ft
Farm Trailer
Rear Tires and Wheels for Ford
6000 Tractor
2 Peanut Combines 1 Benthall
1 Lilliston (Parts Only)
TRUCKS
1058 Ford 1967 I.H.C Transmission
and Rear-End Good (Parts Only)
Bended License No. 90
HAROLD WINSLOW
Hertford, N. C
Paw: 297-2663
Rf!
General Electric Sale Days
NOW
GtrvvorJ Alolor Company
Hertford-Edenton Highway Phono 426-5688
"VVeServfco Vhof IV SmlV
Looking Backwards
Attention is also invited to
the fact that the height and
weight requirements for this
examination have been
amended to read as follows:
"Male applicants must be at
least 5 feet 4 inches in
height, without shoes;
female applicants at least 5
feet without shoes. At the
time of appointment male
applicants must weigh at
least 125 pounds in ordinary
clothing; without overcoat
or hat. Height and weight
requirements are waived
for persons entitled to
preference because of
military or naval service.
PERQUIMANS GETS
FIRST TASTE OF
WINTER: After weeks of
rain and cloud, with only
now and then a day of
sunshine, Perquimans and
the Albemarle had its first
taste of real winter last
week. Snow began to fall
Thursday night and for a
few hours fell thick and fast,
leaving a pretty coating of
ALLSTATE Offers You Great . .
Cold
Y
TFl
. , -T"
1. ELECTRIC BASEBOARD
2. MONOGRAM OIL
FURNACE
Polyethelene Film
Makes A Great Vapor Barrier
Roll
I
Ideal, also, for
covering shrubs,
winterizing your
porch, etc. Touoh.
" iiiiinliiaiiaaiaaaaaaaaiaBBaaaaaaaaBaaaaaaaaaiiiaaaaaaaaaaaiiaaaaiaaaiiBBiaaaiiaaaaaaaaiaalaaaa '
The Perquimans Weekly, Hertford, N.C., Thursday, February 13, 1975-Faf e 7
snow on everything.
REV. D.M. SHARPE
LEADS HERTFORD BOY
SCOUT TROOP: The Boy
Scouts are organized under
the leadership of Rev. D.M.
Sharpe, who reports that
regular weekly meetings
are held every Friday night.
The names of the boys who
have registered as members
of the new scout troop are as
follows: Jack C. Anderson,
Jimmie Allan Arnold, Leigh
Winslow, R. Clarke Stokes,
Emmett Eugene Landing,
Jack Winslow,. Harrell
Johnson, Francis B. Nixon
and Durwood Reed.
BIRTH ANNOUNCE
MENT: Born to
Mr. and Mrs. Louis
Proctor, of the Pender Road
section, on Saturday,
February 6, a son.
BINGO PARTY
HONORING EASTERN
SHORE VISITOR: Misses
Jessie and Polly Baker
entertained at a Bingo party
in honor of their house
Remedies!
HEATERS
.3. FA SCO
ELECTRIC .
FIREPLACES
4. BEN FRANKLIN
STOVES
5. COREY PORTABLE
HEATERS
6-Pak Air Filters
Keep Room Air Clean!
often for tht
bnt retulu
from
ALLSTATE
79c
Each
Chaw Ihtm I Sv . cm
imm
cuiidi::o supply
301 N MUCHES BLVO
, DIAL 335-5454
: ' PaissaBiassHr ,"1J
guest, Miss Irma Custas of
Eastern Shore, Va. Those,
enjoying the Misses Bakers ts
hospitality were: Miss Irma -,
i Custas of Eastern Shore,
Helen Morgan, Minnie
Shirley Umphlett, Daisy
Proctor, Gladys Ward, Nine
Mae Pierce. Dick Barting -and
Sherwood Perkins of -,
Robersonville, Garland
Speight, Raleigh Minton and
Percy Hurdle of Elizabeth;,
City, Bob Spivey of Norfolk,
Alton Sawyer of Hertford,
Vick Stallings and Murray; !
. Pierce. Mr. and Mrs. J.H4 ",.
Baker, Miss Myrtle ,.
Umphlett and Horace
Baker, Jr.,
HOST BASKETBALL
TEAM :;
The Little Mint of;'
Hertford treated the ;
Perquimans County High '
School basketball team to '
dinner Monday night at 7 '.'
p.m.
. I
Caulking
Compound
f'lnop Draftv Holes
-
Won't slain, Smooth
gunning. Rubber-like
for easy application.
REMEMBER
5
DISCOUNT
CASH AND CARRY
ON ALL REGULAR
PRICED MERCHAN
DISE. .
Only f - 0
(I 01
r'- Itex Caulk
B Only
utra