Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
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$10,000 cash and a $90,000 mortgage loan. Five years later, the same property is sold for $150,000 (a 50 per cent gain in value). After paying off the $90,000 mortgage, the investor would realize, not a 50 per cent gain, but rather a 500 per cent gain on his actual cash investment because he only invested $10,000 not $100,000 for the property.
If there is anything we can do to help you in the field of real estate, please phone or drop in at EILEEN M. DAY. REALTOR. Middle Street. Washington. Phone: 675-3400. We're here to help.
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