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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Aug 27, 1993
Page
6
Corner lots rarely guarantee higher value due to traffic noise and privacy loss. Lease option buyers often face lenders who doubt rent credits toward down payments, but flexible portfolio lenders can help. Choosing a listing agent depends on individual agent success, not the franchise name.
A reader voices concerns about a busy agent with six month listings and poor communication. A second agent with about ten listings is praised for focused service. An ethics question on presenting all offers shows fiduciary duties to sellers and the value of realistic pricing and prompt marketing.
Patricia Fox in Brookhaven considers a 15-year mortgage at a modest $100 higher payment to finish her mortgage in 15 years. Economists note more homeowners refinance to pay debt faster and build equity, reversing earlier trends of longer, lower payments. Freddie Mac and industry analysts cite rising 15-year share and expected continued refinancing as rates stay low.
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