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Real Estate


Tom Kelly
Tom Kelly
The Real Estate Adviser
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June 19, 2003

Maxed-out borrowers can get help for fix-up

By TOM KELLY
The Real Estate Advisor

The blast of early summer weather 10 days ago exposed a problem with the central air-conditioning system.

Although Edith Franck, 66, had plenty of income for her normal routine, she had not set aside enough cash for such a costly repair. In addition, her rural Snohomish County place was not appreciating in value, and she had just finished a refinance to "get her son on his feet again.’’


 
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