Page 65 of Sep 17 1967 Issue of Oakland Tribune in Oakland, California

Oakland Tribune September 17, 1967 Page 65 old newspaper archives

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Oakland Tribune (Newspaper) - September 17, 1967, Oakland, California Sept 967 High bracket pay Advance interest investors in High tax ets can make substantial Ings by paying less in Down payment and using the Ance to prepay interest charges a los Angeles investment meeting this month heard Richard Carlsberg president of land investment search co cite a Case Histo in because prepaid interest is a deductible expense in the year of Purchase a client saved in taxes on a property Purchase in Newhall instead of making the Mal 25 per cent Down ment for the acreage he split the into Down with the balance the first four years interest on the mortgage in the process the buyer in the 70 per cent tax bracket actually invested Only hard dollars above the Down payment to gain control of the value appreciating property the seller by receiving interest in Advance obtained his Normal Cash from the Sale just As if he had received the Standard 25 per cent Down in addition although the seller will not receive interest until the fifth year he note with the face amount of so he will then Drav inter est on the note rather than on a note which he would have following a regular Down payment said Carlsberg is a most important Factor in land investment because it lows property to be acquired at the lowest possible amount of actual Cash expended planned work up 31 per cent building projects in the Ning stage were 31 per cent ahead of last year by mid August engineering record reports the publication said wide Industrial Plant Tion is 77 per cent ahead of last year distinctive Street signs and Street lights have been de signed for the filter corporation s Plush Danville development where custom Homes by five Border 50 acres permanently set aside for recreation and Greenbelt the signs with Large letters Are particularly easy to read at night Sycamore near freeway 680 has nent views of it Diablo and the Las Trampas Range Home Price up in year up than one third of All Homes sold in the United states during july Cost less according to the National real estate boards v but the Trade organization the median Price of All Homes Soldi in july of Over the median Price a for Leonard William t Leonard vice of the associated Home builders of the greater East Bay will address the National Home manufacturers association sept 25 in Ville ind his topic is planning for people it reports on new California legislation ing communities to keep in mind economic in ing the work Force its in Parks can afford classified display Greenville West in Livermore Best buy in county lowest payment monthly payment lowest from i 17550 us monthly Cha monthly principal interest 3 Baths Price in in with Rente food cow str Ftp no Cost option carpeting models open 10 til 7 m my 9 classified display classified display classified display outstanding Homes for Carefree Parkside living in the uncrowded North Santa Clara Valley All new unit 16 new no Down a closing another freeway Road Wert my follow the dans to Call i in fun famous Santa Cruz Rne University of California Campus where Sasco is introducing 6 All new models from Cha a terms Down closing with Ocean views from freeway 17 take Mission St Hwy to Bay and turn toward u c Campus and Call j Upkeep Loans problems in upgrading continued from Page Only that a few local boards had turned out volunteers to paint a run Down House As a Start in generating to do bigger things he explained later that preliminary work to any reaching local project is in the Basic thing is Good codes fairly and uniformly administered if the Day to Day Job is done effectively soon you will see results most our boards have taken the initial Steps but dramatic results May take bobbins said Oakland panellists Robbins said would be featured on the subject at a convention round table later this month in los Angeles Frank Crosby executive director of the Oakland Board we have been Able to need further than other cities because we already have a comprehensive City code and a Good enforcement Gram Robert Atkinson Oakland Board president although we have Able committees at work the Effort is still in the embryo Atkinson said Public had told the committees the work would be difficult sometimes for instance properties brought up to Standard deteriorate again be cause of abuse by he said Robbins previously noted that lenders can justify ing Money Only with some reassurance that the Hood will not deteriorate Robbins took Issue with re Marks last week by Secretary of defense Robert Mcnamara which singled out California for criticism regarding closed housing near bases the Stockton Man said he was told by a general officer in Washington in answer to a wire the state Board sent requesting documentation of the charge that there was no reason to single out fornia Robbins said the state has been accused unfairly John Dengel classified display classified display classified display classified display one of the charms of Pleasanton Vintage Hills is another this Century old City is filled with quiet places that summon up town jiving you 11 Tina it a place to raise your family and escape from the hurried everyday living also discover Vintage collection of tonal and contemporary new Homes so close to the downtown shopping area of that you can walk there in minutes visit the furnished Model Homes in Vintage half hour drive from downtown Oakland from and 5 and 3 and conventional Loans plus Cha and a financing follow the Grant and White City Vintage Hills to Nimitz freeway to Livermore drive to downtown via hop Yard Road take main to the grew Aadi signs to the furnished i Homes phone with by of won than Homes in Northern the Terrace House has a tiled Hall Beautiful living room with place and Garden View and adjacent area for formal dinner the Terrace House scores on four Basic Points that make this ranch design Ideal for the Young or old family there if a Choice of three or four rooms two Baths the Kitchen has a Nook for informal dining and there s a family room to the right of the tiled Entrance Hall the Terrace House has been planned with storage problems in mind so that there Are ample closets in the bedroom Wing including one for Linen the Kitchen of course has a pantry and abundant cupboard space because of Fine and excellent use of space families with Young children will find Tho Terrace House easy to economical to maintain it is priced at for Tho three bedroom Model for four bedrooms it is open from am of six other fully from to ii to san Ramon map not to scale directional Only from freeway to Way 50 hop Yard Road or Santa Rita then right to Valley

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