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.
Page 3 · column 2 of 10 · from the scan, no model involved
buyer would pay on a $60,000 mortgage is calculated by combining the 8% rate on the $20,000 and the current rate of 15% on the remaining $40,000. The blend rate in this example is 12.7%.
Everyone comes out ahead. The seller has a more salable property, the bank has a better interest rate and the buyer has a below-market rate mortgage.
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, The Clopton House, Washington, Va. 22747. Phone: 675-3400. We’re here to help.
88.7%