Telegram-herald., 1891-11-01

but sim this shows what some women
may do.
The first question that arises In tho
mind Of 4 careful man or woman Is:
allow can we afford 10 build house
and how can We pay for it?" In an
swering this it u further necessary TO
ask II you can afford TO pay rent. II
you can. then you can afford 10 build q
home Of yosr own Did you ever no
tice that the rent you pay Is almost al
ways in excess of six per cent Of the
value Of the premises you occupy? Do
you know that you can borrow money
for six per cent and often less? Take,
then. the house you now occupy, for
which you may be paying ss5 each
month, or $500 each year. This. at six
per cent Of its value. would make the
house with land worth 5000.
Hyou can pay this SIS each month with
comparative ease then you may feel
sure of being able TO pay that much
towards owning q herno. II you can
add 10 the amount thus saved by extra
work or In any other way so much the
better Pick out lot that suits you
and your means and pay cash for it-or
part cash, as suits you best. When, or
even before, your lot Is paid for procure
drawings from an architect and pre-
sent them TO . broker TO negotiate q
straight loan for 8. or years at
per cent At the same time you
might become a member in a solid loan
association, and 1T the end of or
years you win have enough money 10
your credit TO pay OF your mortgage,
including the interest You can agree
to pay the amount into the association
that you were paying for rent, and in
all probability you will find that you
will get as good houss as IL you had
paid $50 per month rent, the difference
being that your landlord was getting 10
per cent. instead Of O.
some sacrifices Of pride must Of
course be made for short time. but IL
you care more for the opinion of your
neighbors than for the comfort Of your
self you may find solace In the thought
that your neighbors think less Of you as
a renter of fine hous. than as al
owner Of one less pretentious.
Pride and desire 10 outdo neighbors
more wealthy has deferred many men
from building and rnsy almost say
from having a home before old ago
overlook them; and then the pleasure
SO long denied could only be enjoyed
few years at best.
This false pride Ia no: uncommon. and
II has given rise to the familiar saying:
Build house and then die This say
inc nav be true of many OF our cities
bat how often has II been disproved hy
our thrifty mechanics. our farmers and
many others of less pre.sntious tastcsp
II may seem almost like hercsy. bat for
all that is is . fact that homo need
not be built with the idea that /; must
never be exchanged for another. Cir
crrnstances alter cases, srd Is is no un-
common Occurrences for the owner 10
see what was once home fully In keep
ing with HE means grow small and un-
prctenticus in en-. light of his rapidly
accommodating fortune. Then. and not
tiu then. should he build q mansion:
and II he win De content 10 build the
cottage within his means the earlier
VIII he see the time that he can hive a
luxurious residence. This decision Is one
that must be made By those most inter-
essei. and Nhi!e the world vii very
Hxei7 move on mach after its vonted
fashion trust that soma may be guided
by thia advice and decide that il Is better
a. build new and in accord with present
means than 20 wais for Increased
wealth. accompanied By Old age To
those who choose this course The accom-
panying elevations and plans are recon-
naended In thu hope that in them may
be found al that they may desire.
fwouuu A " Exw~~