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Winchester Evening Star in Winchester, Virginia

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Newspaper

Winchester Evening Star

Location

Winchester, Virginia, United States of America

Date

Jun 21, 1977

Page

15

Local Developer Responds to Sale Contracts for Homes

The Winchester Star revisits the Our Town column on sale contracts used to finance homes after criticism that the piece was slanted. It notes eviction actions for a defaulting family and includes new information supplied to present a fairer recap of the episode.

Star Our Town

Legally Frail Installment Home Sale Highlighted in 1976 Study

The Virginia Housing Study Commission notes risks in contract sales of improved residential property and urges legislation to record such contracts. It cites a December 1973 purchase where a family paid 5950 down on a 49950 home with 370 monthly payments at 9.5 percent for 30 years and a forfeiture clause.

Virginia Housing Study Commission Governor General Assembly Pone Inchester Area Bank Rt. 11 Berkeley County Martinsburg W. Va

Small Check Sparks NBC Expense Dispute in New Jersey

Assemblyman Richard Codey questions a 10 732 80 payment from NBC after a December 1976 New York appearance ends with a second "small" check. The report weaves property eviction and equity disputes involving a developer and a New Jersey family, with late payments and a court fight underway.

Orange N.J New Jersey Richard Codey NBC New York

Also Mentioned on This Page

By Neilhaemer Winchester Evening Star Virginia Commission State Office of Housing Noble Pierce Loudoun Mutual Goode and Johnson, Inc Amherst Street Winchester the Mutual Fire Insurance Company of Loudoun County Waterford, Virginia By J.bailey Steve Rosenberger John W. Rosenberger & Company, Inc Sapolin Jimmy's Commission Zenith Sears Jimmy Bob Luttrell Bunker Hill Bagby Isaac A. Shepard & Co Edward Ned Morrow Kenny Cookus Roger Pat Clower Farmers and Merchants Loan Farmers and Merchants National Bank Ens City
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