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 1 of 7 · from the scan, no model involved
Real Estate f=>
Eileen M. Day realtor stz.rzrr.
AFFORDABLE
HOME OWNERSHIP
It’s no secret that young couples may have a tough time meeting monthly mortgage costs for today’s single family homes. However, there are ways to reduce the monthly carrying costs and still be happy homeowners.
For example, you' could buy a condominium unit. You could also rehab an older home in need of repair (fixer-up special), or you could buy, occupy and manage a small multifamily house. There is also the option of joint ownership with parents as co-owners.
If you prefer to invest in a single family house now, you may wish to consider financing via a Graduated Payment Mortgage (GPM). GPM’s are tailored to the income needs of younger couples whose income is expected to increase over the years. GPM monthly payments increase as the buyers’ monthly income increases.
The bottom line is that there are many affordable home ownership situations with lower monthly carrying costs for younger buyers to consider in today’s market.
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.
97.2%