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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Apr 07, 1995
Page
2
A note explores buying a two family duplex with a best friend, potential mortgage risks, and the advice to save for a down payment. It warns partnerships can fail if income fluctuates and suggests alternatives. The column then covers installment sales and tax questions about home profits, prepayment, and strategies to avoid loss of retirement income, with case examples and legal-structural options.
Betty L Holder transfers half of a quarter section to Jer ald W and Elizabeth A Karr. Florence L Story sells 5 acre NE quarter to Joe H Edler. VA transfers Lot 8 Block 2 Edgewood Park Add to Gary W and Dorothy H Grant. John H and Betty Beckwith sell to Scott D and Stephanie L Foglesong. Summit Development Inc to Dwight Perry Construction Inc Lot 6 and 16 in Prairie Park Add plus other lots. Galen J Suppes to Deborah K Gering Part of Lot 4 Block 5 Deerfield Village South No 5. Merry Wayne and Marie T Randel to David J Blackburn Lots 35 36 College Street West Baldwin. Sheriff Douglas County to FGB Realty Advisors Inc Lot A Condra Addition. Sheriff Douglas County to Mortgage Investment Trust Corp Lot 25 Somerset Heights No 3. Salb Construction Inc to Charlene F Knapp Lot 19 Riverridge Add. Charlene F Knapp to Shen K and Eleanor S Wang Two tracts NW quarter 27 12 19. M S Construction Inc to Highland Construction Inc Lot 14 Block 5 Lots 21 22 23 Block 6 and lots 2 3 4 and in Block 8 Parkway West No 2.
A home-buying seminar is set for 7 p.m. Monday at the Lawrence Holidome. Topics cover 97 percent loans FHA VA loans ARMs biweekly payments and conventional loans. Reservations: Donna Field 841 4500. Attendees receive a free credit report through 1995 with mortgage credit. Sponsored by Stephens Real Estate Capitol Federal Savings University National Bank Countrywide and Fidelity Savings.
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