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Lawrence Journal World in Lawrence, Kansas

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Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

May 18, 1973

Page

16

Closing costs for sellers hidden traps and save tips

Home buyers face high closing costs but sellers should review deductions before payoff. Balance due on the mortgage and any early payoff penalties can take 1 to 2 percent of the mortgage balance, leaving less from the sale.

Real estate seller costs and mortgage point traps

The guide breaks down seller costs from commissions 6 to 7 percent of sale price on a $35 000 house, legal fees, escrow, deed tax, and rent in escrow if possession is delayed. It warns about mortgage points paid by sellers, title charges, and possible title complications that can derail a sale, advising contract clauses to limit commissions unless a sale actually closes.

Vinland Extension units plan community work and unity

The Vinland Extension Unit met at Ada Crady's home with nine members. Mae Edmonds led a session on washing today and an evening workday is set for 6 30 p m at Vinland Cemetery. On June 7 the group will clean the Vinland Library at 9 30 a m. The Happy Days Extension Homemakers Unit schedules a dinner meeting at 6 30 p m at Louie Koerner's home with economy dish contributions.

Vinland Extension Unit Ada Crady Vinland Cemetery Vinland Happy Days Extension Homemakers Unit Louie Koerner

Memorial Services for McLouth Area to Be Held

Memorial services will be at 2 30 p m Sunday at Wild Horse Cemetery southeast of McLouth with Fred Leimkuhler pastor of the Stanwood Friends Meeting in charge All friends and church members are invited to the morning worship service and basket dinner at 12 30 p m

Mclouth Wild Horse Cemetery Fred Leimkuhler Stanwood

Lawrence Piano Teachers Host Creative Music Festival

About 60 local piano students will showcase original improvisations at a day long festival in Murphy Hall Laboratory at Kansas University. Joan Reist of Lincoln Nebraska will conduct and judge the performances on fundamentals and interpretation from 9 a.m. to 4 p.m. Saturday.

Piano Teachers of Lawrence Area Joan Reist Lincoln Neb Fes Laboratory of Murphy Hall Piano Kansas University

Also Mentioned on This Page

Mona Daniels Ext Asst Home Econ EHU Mae Edmonds Louisiana Colhoun SOTH Massachusetts Lawrence's Round Corner Necoto Lawrence Rai West
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