How to judge house buying with net worth factors
Vivian Brown outlines a practical guide from William M. Laas on assessing affordability. He cautions that the 1.5 times annual income rule is too crude and that lenders view individuals as unique risks. Determine true income, fixed expenses, and housing costs, then compute net worth as assets minus liabilities to gauge mortgage readiness.
MENTIONED IN THIS ARTICLE
William M_. Laas
tLawyer
Hle
Laas
Cookie Jar
Nebraska Retail Sales Rise 7.5 Percent in July
July 1970 retail activity shows a 7.5 percent gain over July 1969 driven partly by 5 percent higher commodity prices. Hard goods up 7.2 percent and soft goods up 7.9 percent. statewide indicators from 20 cities rise 4 percent. Beatrice soars 16.2 percent while Scottsbluff declines 2.6 percent. Cities listed with varied gains across Nebraska.
MENTIONED IN THIS ARTICLE
Business In Nebraska
University of Nebraska College of Business Administration
Bureau of Business Research
Beatrice
Scottsbulff
The Wolfe Family Memoir of Lodge Pole and Dull Knife Chase
J C Wolfe born 1857 in Luzerne County and moved to Lodge Pole in 1880 seeking health. He married Clara Morrison in 1880, ran the Lodge Pole Express, taught in Lodge Pole’s first school, and filed on land nearby. Eight children were born. May and Norah Wolfe recount homestead life and local history. Offshore oil foresees world supply growth while a Colorado narrow gauge line preservation bond is noted.
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J.C. Wolfe
Luzerne County
Pennsylvania
Lodge Pole
Club
Rush Creek
Pole
Rube Lisco
Clara Morrison
Philadelphia
Father
Firth Booth
August Newman
Charley Moore
May
Norah
Wolfe
Lodge Pole Express
Denver
John Love
Colorado Society For the Preservation of
Colorado-New Mexico
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