The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-19
1DN To ACQUIRE
}PLEA5ANT I HOME
|.ns Are Given by Expert
Showing Way to Save Time
and Worry.
tAL ESTATE AGENT IS
1 Useful IN TRANSACTION
stern Writer Tells Why 1t Is
Wise 10 Own Abiding
Place.

~ .onuaIntancc asked n few days ago
= bo should so about the problem oil
,-s,r a house. He said he had about
IA IN the savings bank and that lie
y doc,dcd to buy house and make
L,oant horne for his family, says j.
~, ransom in the washington Her
with some show Of anxiety he
r..ted information regarding the way
n t-.,,sed safely and economically 10
, l1lze bis desire.
!, rnov be that others OF the Washing
y5eyald readers are more or less In
sor about the ways and means OF
.5nr their first excursions into the
y sstate field. and It is specially for
y. that this article is written.
Il fhe first place, there are two ways
<,yIpc propcrty-one TO pay Tor IL en-
~ and take a clear title, and the
E IN buy under q deed OF trust, pay
nsrt cash and the balance by in
u,nent. The plan OF late so much In
- In Washington of paying down
and the price OF the rental monthly
In is credited TO the remaining debt,
~ under the installment plan as here
<sratood. In any instance under the
4 Installment plan, though the buyer
u q deed, his title is not clear until
Y deed of trust Is satisfied ana re
IA upon the property records.
How to Find House.
suIur the requisite money TO buy the
/ rrrfy or to make a first payment,
next step is TO find the property
-ired. This may be done by looking
! Ia among the new houses or those ad-
l.. i.a if=o
4 be found. The prospective buyer
II zuplv directly to reliable real es-
IaTancy and there begin the negotia-
. for the purchase. This is many
,,r fbe better way. as the real estate
n Will provide means of conveyance
lake the prospective buyer TO visit
M or all the pieces of property listed
the firm Generally the field man
sce to it that the buyer does not
! my other.
< the novice the appeal to the real
he man Is usually the better way. He
be given opportunity to see a variety
souses without cost to himself. He
he given the advice OF the heads OF
Ifrm, and the detail Of making the
hase, drawing the deed and trust
4rs. their record, insurance OF title
Z {heir final record will be looked after
riout any care on the part OF the pur-
.e the machinery for doing all this
fovided.
May Employ an Attorney,
-1e only other safe course TO pursue.
ri bedding upon the piece OF property
Nnrchase, would be to put the matter
,he hands OF an attorney, as the ques-
I fof title, especially in the District of
unbia, should not be left to chance.
y search OF a title by one unaccus-
I'd to such labor becomes a rather
liable task.
!. between the cost OF buying through
! foffIce OF real estate firm or in
r<ndcntly through hired attorney
h "a perhaps not be material, though
|, 5ould probably favor the real estate
case the purchase Is made through
NJ estate office the purchaser upon
eing TO take the property pays n
% amount, usually sl0O as deposit
.stiB property. and receives receipt
4 nE forth the nature OF the transac-
This deposit Is IN the nature Of
Iarentee OF good faith and when the
-7tiations are finished II is credited as
r Of the first payment
y When Papers Are Signed
4 ne time later the purchaser will he
med that the conveyance papers are
- to sign and then the first payment
be property is handed over, for which
purchaser receives proper receipts.
= papers in the transaction then go
Ine Office OF the recorder OF deeds TO be
|IFued- The papers should contain a
Tor the property the trust papers