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great modern homes

Beginning in 1908, Sears Roebuck and Co. began providing mail-order catalog houses for purchase directly from their catalogs. The idea was to package deal residence kits full with fasteners, hardware, lumber, windows, doors, roofing, finishes and paint and ship them to prospects by rail.

Click on any of the listed subdivisions beneath to visit that neighborhood’s page. If you would like to view all Dallas actual estate listings, click on on the hyperlink at the top of the page. One properly-identified replica of a Sears house is on the “Farm at Prophetstown” museum in Battle Ground, Indiana, which contains a replica of a Hillrose model. Like the Standard Addition in Carlinville, IL, neighborhoods of Sears houses nonetheless maintain a way of id and group.

Early mortgage loans had been sometimes for 5 – 15 years at 6% – 7% interest. While financing through Sears helped many householders buy properties, the Great Depression led to rising payment defaults, resulting in rising pressure on the Modern Homes program. By 1934, Sears had stopped offering mortgages after the company was forced to liquidate $11 million in defaulted debt. Sears stopped selling properties for a short while in 1934 before restarting sales. Sales slowly recovered because the United States emerged from the Great Depression. As gross sales grew, Sears expanded its manufacturing, delivery and gross sales offices to locations across the US. To present the materials needed for the Modern Homes division, Sears operated a lumber mill in Cairo, Illinois.

great modern homes

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