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High Point Enterprise in High Point, North Carolina

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This newspaper page contains 8 articles. Subscribers can read the full text of each article.

Newspaper

High Point Enterprise

Location

High Point, North Carolina, United States of America

Date

Mar 31, 1940

Page

9

Building agreement should include workmen protection

The builder should require the contractor to assume claims under Workmen's Compensation Acts and similar protections. This does not bar the builder from maintaining insurance to cover liability.

Kansas City Man Paid For Home Three Times, Still Doesn’t Own It

A Kansas City man, Orrin R. Shelton, paid for his rented home at 3411 East Fourteenth Street three times over twenty-five years yet remains a renter. The piece notes rising rents, FHA loan examples, and argues ownership through long-term financing is possible, urging homeowners to buy.

Kansas City G. Curtis Smithdeal High Point Orrin R. Shelton Edward M. Edwards College Avenue Edwards Shelton Carr Street Chandler Street East Farriss Avenue Hillcrest Drive

Built In Features Grow Popular in Homes and Plans

Built in window seats bookcases closets and storage cabinets plus beds desks and tables have grown popular. Architects must plan how many built ins to include in FHA insured homes and for future additions. Funding may come from qualified lenders under a Credit Plan.

Federal Housing Administration

Proper Drainage Guidance for Basementless Homes

FHA officials urge proper drainage under concrete floors and porch slabs and around wall footings and foundation walls. Small homes with no basements should maintain well drained under floor spaces to keep a dry condition.

FHA

John Payne Joins Redwine Hardware Sales Team

Redwine Hardware Company announces John Payne joining its sales department. Payne, a veteran hardware man from Trinity, brings years of experience to advise and satisfy customers.

Redwine Hardware Company John Payne Payne Trnity

Adequate Efficient Storage Essential In Homes

FHA officials stress ample storage as a necessity in any home. Closets in bedrooms and a hall linen closet are not enough. families must store clothing, trunks, toys, sports equipment, furniture, china, winter clothes, utensils, tools, and more.

FHA

FHA Risk Rating System Refined

The FHA reports progress in refining risk measurement for home construction loans. Officials say methods are continually improved to analyze risk more accurately, breaking risk into components. Two classes of risk exist, with 26 elements influencing each transaction’s loan approval, terms, and conditions. The main factors include the borrower, the property, and the mortgage note relationships.

Federal Housing Administration FHA

Bankers Back FHA Plan as Key to Private Housing

Bankers say FHA mortgage insurance is essential for solving housing needs on a profitable basis. Replies nationwide praise FHA for aiding modest income home ownership and sustaining uninterrupted growth in home building since the National Housing Act. Some bankers caution financing under FHA hinges on private capital. A Missouri banker and a Pennsylvania bank echo belief that private capital can solve housing with FHA commitments. Two Cubans have invented a lifeboat for submarines.

Baners FHA Missouri Pennsylvania

Also Mentioned on This Page

Bermuda Egypt Manley M. Sessions Prk W. Washington Allen Mitchell Cee The Prudential Insurance Co. of America FHA Loans Trinidad Lake Barber Hedgecock Lumber Company Ward Street Adale Ardale Mendenhall-Thompson West Washington St Redwine Hardware aras y _ i PLUMBING & HEATING CO Fisher St Bankers Hold Banking Magazine Banking Journal of the American Bankers Association Hamilton Boone Iomen Co Marietta Redwine Hardware CO North Main Street Rose Furniture CO South Main Sears Hercules Sears, Roebuck and CO N. Main St N. C America Snow Lumber Co
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