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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Oct 30, 1981
Page
20
Long and Foster reports 9 month figures show 8,450 homes sold up 1.4 percent and average price of 97 410 up 10.4 percent. P Wesley Foster Jr notes growth as agents join, daily commission checks, new Clark and Associates acquisition in Columbia, and 513 total agents from January to September.
George W. Bushby of Kidde Consultants in Rockville and chair of Maryland’s State Board of Registration for Professional Land Surveyors received the 1881 Surveyor of the Year award. His 30 years of practice include supervising site development for subdivisions, shopping centers, industrial parks, and major projects such as Fairchild Industries HQ in Germantown and the Watergate Complex in Washington. He also helped found the board’s leadership role, served as chairman for seven years, and has a background in engineering from the University of Kentucky after WWII service.
William E. Koenig urges property managers to study and possibly build computer emergency recovery centers to protect operations from floods fires tornadoes and sabotage. Centers would house critical equipment and enable operation within 15 days, with fees from site selection leasing construction and management.
This overview explains the gambling element of floating rate loans where rates can fall or rise after borrowing and increase payments. It describes shared appreciation mortgages offering a below market rate in exchange for a lender’s share of future gains, plus risks of long term sharing and refinancing costs.
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