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 7 · from the scan, no model involved
dards, Emery said. And she expects the number of foreclosures to be higher than average in 2(X)8 as well.
“You'd have to look at what’s going on in the next six months to see if (the recent increase in foreclosures! is a trend or an aberration.” said Jay Miller, principal broker and owner of Piedmont Property Inc.
“Rappahannock does not see a lot of foreclosures because it s usually higher priced properties with people that have their financial ship in better order,” said Realtor Phillip Strange. “It would be rare to see someone with an adjustable rate mortgage in Rappahannock. We’re very isolated from that.”
“And this is not their first home,” Miller said. With few first-time home buyers in Rappahannock, that means most people purchasing property have been through the process before and probably understand it better than th^ average person.
Mike Leake, president and CEO of Rappahannock National Bank, said RNB does not have any foreclosures in the county.
“We feel very lucky, but a lot of it is the result that we were
60.5%