Elizabeth Barr, the mother of three, last week had her name drawn from a hat con

Authors

Source

Portland Press Herald

Date

2-14-1994

Pages

1B

Abstract

Elizabeth Barr, the mother of three, last week had her name drawn from a hat containing the names of two finalists who qualified for a special low-interest loan on a house that the Sanford Institution for Savings had priced far below market value -- Barr will be allowed to buy the house, which the bank acquired by foreclosure -- She will not have to pay a closing fee or -- make a downpayment -- She will be allowed to pay off the $48,000 mortgage over a thirty year period by making monthly payments of $28748 -- Her interest rate will be 599 percent

Subjects

Housing finance, Barr, Elizabeth

Recommended Citation

"Elizabeth Barr, the mother of three, last week had her name drawn from a hat con" (1994). Maine News Index – Portland Press Herald. 11466.
https://digitalcommons.portlandlibrary.com/news_pph/11466