The Mercedes Enterprise (Mercedes, Tex.), Vol. 69, No. 31, Ed. 1 Wednesday, August 5, 1981 Page: 3 of 11
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The Mercedes Enterprise -- Page 3
4
THIS WEEK
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[Mercedes Enterprise Photos.]
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The Real Estate Consumer
GOS Five MINUTES (
MASTER THE OLD TESTAMENT
7
We'll
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help you
9
ATTENp CHURCH THIS WEEK
live up to it
©
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Hidalgo County Bank
MEMBER F. D. I. C.
565-2666
301 S. Texas Ave.
(
The Vogue
Ladies Ready To Wear
342 S. Texas Ave.
565-1332
Mercedes Knights of Columbus
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287
The whole Bible is God's Word.
There are no alternatives. From the
first to the last it is the story of God's
involvement with the world He loves!
—Paul M. Stevens
Thus, every believer should master
the Old Testament where God
reveals Himself so intimately in
personal rendezvous with men and
women while, at the same time,
he or she lives in the grace and
revelation of the New Testament.
28 %
198 8
The "Old" is not inferior to the
"New", nor are Amos and Hosea
to be held in less regard than James
and I John.
The Christian experience is an
instrument God uses to engrave
more precisely into our hearts the
knowledge of His personal love
for all mankind.
God used the Messianic experience
to deepen the encounter between
Himself and man and to provide
a vision of life here and hereafter
that would make men creative
and whole.
the Equitable life assurance society of the united states
423 3rd Street, Mercedes, Texas 78570
565-2460
Corner of Vermont & Business 83
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Here’s an easier one than last week’s...and a hint
to help: Those who are bored with education wouldn’t
be around here, but those who are “board” would.
If you know what the photo at left shows and
where it’s located, and you can be the first to identify
it after 1 p.m. Thursday, you’ll win a $6 bill, good for
a year’s subscription to the Enterprise.
The winner will be the first to Identify the picture
by telephone, letter or personal visit to the Enterprise
office by the deadline.
So, look around you as you work or play in
Mercedes...and watch the Enterprise for more
chances to win.
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Talk to a friendly HCB loan officer
about an easy HCB loan!
Texas Real Estate Research Center
Texas A & M University
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© Community Advertising 1976
This column belongs to our readers. We will accept printable items and pay $1.00 for each item published. In the case of quotations, the name
of the author and the title and publisher of the book must be given. Address items to “God's Five Minutes,” Box 12157, Fort Worth, Tex. 76116
Rios of Mercedes
Boot Outlet
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Cool It Company
Air Conditioning and Refrigeration
Service
Ice Makers, Washers and Dryers, Stoves.
Call Ramon Mejia at 565-6682 or 969-1841 or Mando
Saldana at 565-2379 Call Anytime. 109 N. Texas, Weslaco
IT
What is it... and Where?
SB*
9206,
11111
1
Planning
BIG?
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investment is traded within
its own real estate market,
and an analysis of the supply
and demand for specific types
of property will reveal
different economic character-
istics.
future of rent
HOUSING BLEAK
rental units will be restricted
for three main reasons. First,
rents have not increased
enough to offset increases in
owner’s costs. Nationally,
rents increases almost 5
percent per year from
1967-1979. During that time,
expenses increased more than
7 percent annually.
The profit squeeze en-
courages conversion fo rental
units to owner-occupied hous-
ing. The second reason for the
decline in multifamily housing
is that local communities
continue to emply land-use
controls to discourage devel-
opment of rental units. And,
lastly, tax incentives for
apartment construction have
been decreased by recent tax
reform bills.
Texans who rent will not
take much comfort from
recent research which shows
apartments will become more
scarce in the 1980’s.
The supply of multifamily
Bealls
Palm Plaza Shopping Center
Weslaco
(gGHTS BEHEve
BM«a
•mmmmmes)
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RENTING: AN
ALTERNATIVE TO SELLING
If you own a home and
have to move for one reason
or another, renting your house
is an alternative to putting it
up for sale.
Renting may be a good
choice in a number of
circumstances. For instance,
you might accept a temporary
job assignment in another city
but expect to return after a
year or so. Or you might want
to move up to a better house
but fail to find a buyer for
your old home.
You might want to move
now but keep the older home
for retirement, or you might
wish to retain the old home as
an investment.
By renting the home
instead of selling, you receive
income to offset mortage
payments and the costs of
upkeep. You also can take
advantage of certain tax
deductions and enjoy holding
your property while it apprec-
iates in value. But renting
your home does alter your tax
benefits as a homeowner, so
consult your tax advisor prior
to becoming a landlord.
SERVICE CONTRACTS
OFFER PROTECTION
Unexpected home repairs
can wreck even the most
carefully thought out budget.
If you are buying a previously
owned home, you may want to
investigate residential service
contract coverage against
breakdowns.
Residential service contract
companies are licensed by the
Texas Real Estate Commis-
sion. Essentially what they
offer is insurance against
breakdown of major built-in
appliances or of mechanical or
electrical systems.
If you purchase such a
contract, an inspector will
examine the components you
wish to insure and the
company will quote a price of
one year’s coverage. Any
malfunctions must be correct-
ed before coverage begins.
During the service period, the
company will pay for any
repairs according to the terms
of the contract. Most contracts
do require a “deductible”
amount which the homeowner
must pay.
SELECTING A REAL
ESTATE INVESTMENT
Before you sink some of
your hard-earned money into
SHIPPERS SUPPLIES
Phone 565-2441 Mercedes, Texas
A Winner last week was Mark VanBerg, who recognized the front of the
“ Baum’s building that was gutted by fire last October. [Mark may have a
■ sharper eye for this sort of thing than others — when he worked at the
T A $ 7’ 1 Enterprise a few years back, one of his duties was taking “What is it and
“ I Where?” photographs.]
wppg Only others venturing guesses [and coming nowhere close] were Floyd
PF LLfh Serna and Steve Hollon.
Agpa
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.................
1,1 A ' —y/ A “ S" • Columbian Squires
BENS// A Emdu4D • Social Affairs
BA// Ammi A A Emy • Wholesome Recreation
/ “ " • Community Service
“ . , . • Student Loans/Scholarships
. . . th& bosic cd! of our SOCiGty . New Friendships
This Series Made Possible by These Business Firms and
Individuals Who Support Our Right to Worship Freely-
a real estate investment,
remember — real estate
projects differ in investment,
economic and management
characteristics.
Not all real estate invest-
ments provide the owner with
an immediate cash return nor
do they all provide an
opportunity for depreciation.
The real estate investor must
become acquainted with the
investment characteristics of a
particular project prior to
acquisition.
Each individual real estate
IEI
T~E6E S A T’^E FOR E V ERYTHI\G . F, c’esastes 3 1. The Limng bible Tyndale House
1
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[ Mercedes, Texas 78570 Wednesday, August 5, 1981
DARIUS W. HEROLD
District Manager
Bus: (512) 565-2417
Res: (512) 565-1696
81 III 1
19888
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The Mercedes Enterprise (Mercedes, Tex.), Vol. 69, No. 31, Ed. 1 Wednesday, August 5, 1981, newspaper, August 5, 1981; (https://texashistory.unt.edu/ark:/67531/metapth1491891/m1/3/: accessed July 3, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu.; crediting Dr. Hector P. Garcia Memorial Library.