The Battalion. (College Station, Tex.) 1893-current, February 26, 1980, Image 6

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    ge 6
THE BATTALION
TUESDAY, FEBRUARY 26, 1980
DIETING?
AHEM!!!
Even though we do not prescribe diets, we make\
it possible for many to enjoy a nutritious meal\
while they follow their doctor’s orders. You will\
be delighted with the wide selection of low\
calorie, sugar free and fat free foods in the\
Souper Salad Area, Sbisa Dining Center Base-\
ment.
Pre-Med/Pre-Dent
Tuesday, February 26, 7:30 p.m.,
301 Rudder
Dr. Cunningham, Head of Ophtha-
mology at Scott and White Clinic,
will speak on his specialty.
Accepting New Members
dues: $5 per year
^^efreshment^Serve^^
Buying or renting:
housing alternatives
FOR FINDING
By BRIAN BLALOCK
City Reporter
For many students, noisy upstairs
neighbors and cramped dorm rooms
are facts of life. But there are alterna
tives. Buying or renting a house or
purchasing a mobile home may be
the answer for those who want more
OPEN
ZACHARIAS
Monday through Friday 10:45 AM-1:45 PM
QUALITY FIRST
GREEN HOUSE
CLUB & GAME PARLOR
GOOD MUSIC, FINE DRINKS AND
LOTS OF FUN —
ULTIMATE
-MUSICAL.
-COMEDY
-CELEBRITY
IMPRESSIONS
MARK
McCOLL-UM
.
M8C ALL-NIGHT FAIR
ADMISSION : SO.50
MARCH 1
SHOW TIMES: 3 PM
'I'l RM
MSC MAIN LOUNGE
SPONSORED BY:
MSC AL.L.-NIC3MT FAIR &
MSC RECREATION COMMITTEE
HAPPY HOUR TIL 7
1201 Hwy 30 (in the Briarwood Apts.)
BACKGAMMON TOURNAMENT — TONIGHT at 8
privacy.
The availability of new housing in
Bryan and College Station is good,
with plenty of new homes being
built. But with the present interest
rates around 13 percent on new
loans, it’s hard for a student to purch
ase a new home.
“There’s plenty of available hous
ing — the difficulty is in the financ
ing,’’ Kay Playter of Brazosland Real
ty Service in Bryan said.
“You can’t find that little house for
$20,000 anymore that you used to
be able to buy. New houses are sell
ing for around $40 a square foot. Of
the new homes that are being built in
Bryan and College Station, probably
the best price you can find is in the
low 40s for a new home,” she said.
Playter, who is a past president of
the Bryan-College Station Board of
Realtors, said few students can afford
new houses, but sometimes the stu
dent’s parents will buy a new or old
house for them.
She said there are a number of
resale houses available in the area
starting at around $30,000, depend
ing on size and location. However,
she added that financing is expen
sive.
“One of the problems with resale
housing is that mortgage money is so
expensive, and the payments are
very high,” Playter said.
She said young married couples
who qualify might want to consider a
loan from the Federal Housing
Administration or the Veterans
Administration.
Playter said FHA loans are good
because they require small down
payments. The FHA loans also have
small monthly payments during the
first few years, which gradually in
crease over the years as the couples’
income increases.
VA loans require no down pay
ment, are financed at 12 percent in
terest and only require the buyer to
pay a closing cost, Playter said.
Since buying a new or old house is
beyond the budget of most students,
another option is to rent a house, if
they are lucky enough to find one
vacant.
Frances Calliham, property mana
ger at Homefinder Reality in College
Station, said there are quite a few
rental houses located north and
south of the campus, but it is difficult
to find a vacant one.
“They seem to keep rented all the
time,” she said.
Calliham said she seldom has to
advertise a vacant home because
often the tenant who is moving out
already knows a person who wants to
move in.
She said that most rental houses in
the area are large three- or four-
bedroom homes which the owners
usually prefer to rent to families. She
added that those houses which are
available to students are two or three
bedroom homes, usually unfur
nished, costing from $145-$250 a
month.
Mobile homes are one way that
students may he able to own their
own home. When the time comes to
sell the owner can make a profit on
his investment.
MSC
Feb. 25, 1980
8 p.m.
601 Rudder
FREE
LI •M II |
^lf.1 IM 1%J
MSC
MSC Political Forum
MSC Town Hall presents:
Neil Simon’s
! i
and
I.S.A.
chapter two
Present
March 6 8:15 p.m. Rudder Auditorium
TICKETS:
“Puerto Rican Independence”
Students:
Gen. Pub.
Zone
5.50
6.75
ROBERTO
APONTE
TORO
VICE PRESIDENT FOR
INTERNATIONAL AFFAIRS
for the
PUERTO RICAN INDEPENDENCE
PARTY
down the home and sealing the roof
seams to prevent leaks.
In College Station, a person is re-
quired to have a licensed electrician
and plumber hookup the utilities un
less the mobile home is designed for
self-hookup. Mobile home owners
from Bryan can do all the hook-ups
with a homeowners permit.
Blankenship said few students buy
a mobile home because most don’t
have the money or credit. Those
buying mobile homes pay 10percent
of the purchase price down, with the
balance financed over a 12-year
period.
He said quite a tew parents do buy
mobile homes for their sons or
daughters to live in while at college,
because they are able to take someof
the money off their taxes.
"A lot of the time, the student
himself is making the paymentsand
his dad is still setting it up on his tax
roll,” Blankenship said. “It serves
both their purposes — the students
are supporting themselves more or
less and at the same time their pa
rents are getting a tax deduction,”
He added that when parents do
buy the home, it is considered secon
dary housing and they must then pay
15 percent down with 12-year
financing.
Danny Blankenship, manager of
Mobile Home Brokers in Bryan, said
that saving money is one advantage
to owning a mobile home.
“Compared to renting a home,
there’s no comparison. The mobile
home is going to be cheaper to buy
than a house is to rent, Blankenship
said. “Resale on them right now is
going up 10 to 12 percent a year.
Blankenship said that mobile
homes start in the $11,000 range for a
small two-bedroom, one-bath, to
around $50,000 for the large two-
bedroom, two-bath, double-wide
homes.
He said the price of the homes
includes delivery, materials and
labor to block, level and anchor
Blankenship said in the past,
mobile homes have received U
publicity about being unsafe, but
with new government regulafa.
mobile homes are becoming safer
He said all new mobile homesari
equipped with smoke detectors am!
flame retardant materials inthesii
ing and the roof. He added thatsons
new mobile homes are equippe:
with sliding storm windows forea?
escape, and electrical outlets nes
the sinks that will trip a breakerifa
electrical appliance comes intocou
tact with water.
Blankenship had this pieced
advise to give to the prospeefa
mobile home buyer.
“Look for a reputable dealer,"kr
said.
Dollar rises, gold teeters
United Press International
LONDON — The dollar in
creased slightly in most European
trading Monday. The price of gold
rose marginally in London and drop
ped in Zurich.
Gold opened in London at $631 an
ounce, up $1.50 from Friday’s close
of $629.50. In Zurich gold dropped
$7 from $637.50 to $630.50.
The dollar opened in Frankfurt!
1.7615 marks, up from 1.7585;!
Paris at 4.1302 francs, up b
4. 1287; in Amsterdam at 1.93
Dutch guilders, up from 1.9365;is
in Milan at 813.85 Italian lira,'
from 812.25.
The dollar also rose in Lent
where the pound sterling dropf
from $2.2760 to $2.2730.
TTTTTT^TTTTTTT
TRAINING AVAILABLE
SUPPLY AND
FISCAL MANAGEMENT
The Navy is seeking to train Supply Officers for
management duties related to the material needs
of Navy men and women. Subjects taught include
disbursing, personnel management, computer science,
merchandising, food service and retail operations
and quantitative management. Competitive salaries.
30 days’ paid vacation earned each year. Insurance,
medicsd, dental package. Non-taxable quarters and
subsistence allowances. Applicants must have
bachelor’s degree and be at least 19 and under 27 1 /2
years of age.
For more information,
see the Navy Officer Programs representatives in the
MSC when they visit the campus on 26-28 February or
contact your Placement Center officer for an appoint
ment.
Memorial Student Center
GREAT ISSUES
COMMITTEE
DR. HAL C. BECKED
SPEAKING ON
MIND INFLUENCE AND
SUBLIMINAL SUGGESTO
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DID YOU KNOil THIS AD MIGHT EE INFLUENCING YOU?
FEBRUARY 28 8 PM
RUDDER THEATRE
(Students
50
Non-dtudd
$1.00