Mortgage Limits Rise

Business notes

March 15, 1992

Maryland Mortgage Program officials have temporarily increased the acceptable income levels for first-time homebuyers to $47,100, regardless of household size, and the ceiling price on homes to $124,875.

Eligible prospective buyers will be treated on a first-come, first-served basis.

The increased income and housing cost levels will remain in effect indefinitely as part of Gov. William Donald Schaefer's "Maryland Goes To Work" campaign, which is aimed at stimulating the state's economy.

Information: Harford County Housing Agency, 838-9411.


Wilson A. Heaps, a state-certified real estate appraiser, has joined Dudley Appraisal Co.

Heaps has more than five years experience in the appraisal field after graduating from Pfeiffer College with a degree in economics and real estate.

Dudley Appraisal Co. is in the Lee Professional Building, in Bel Air.


Harford Community College will sponsor a Nursing Career Fair from 10 a.m. to 1 p.m. March 23, in the Susquehanna Center gymnasium, on campus.

Representatives from more than 30 hospitals and health-care agencies will talk with visitors about career opportunitiesin the health-care field.

Among the hospitals and health-care agencies participating are the Army Nurse Corps, Bel Air Convalescent Center, Bon Secours Hospital, Church Hospital, Citizen's Nursing Home, Fallston General Hospital, Father Martin's Ashley, Franklin Square Hospital, Greater Baltimore Medical Center, Harford Memorial Hospital, Levindale Hebrew Geriatric Center, Maryland General Hospital, Mount Washington Pediatric Hospital, Sinai Hospital, St. Joseph's Hospital, and the Veterans Administration Medical Center.

Information: Ruth Harrison, 836-4119; Tina Zimmerman, 836-4371.


A free seminar will be offered in the auction method of buying and selling real estate at 7 p.m. March 18, at the Harford County ExtensionAgency office, 2335 Rock Spring Road, in Forest Hill.

The seminarwill be conducted by Aimee O'Neill of O'Neills Auction Co., and willprovide an informal forum to address both the purchase and sale of real estate at public auction. Included will be a discussion of the definition of foreclosure, bankruptcy, trustees, owner and absolute auction.

Information: 838-6980.


Construction is under way in Harford County for 21 apartments for low-income elderly residents, financed in part by a $122,616 loan from the Maryland Department of Housing and Community Development.

Harford Senior Housing II Inc. received the loan to build an additional 21 units onto an existing elderly housing development in the 300 block of Sunflower Drive, in Bel Air.

The development, known as Harford Senior Housing, currently contains 133 units.

The new apartments will be rented to elderly residents with an income at or below 50 percent of thearea median, which is $15,250 for an individual to $17,400 for a family of two.

Terms of the DHCD loan are 4 percent interest, payableover 30 years.

The U.S. Department of Housing and Urban Development contributed $1,116,500 toward construction costs and permanent financing.


Heritage Interiors has leased 1,156 square feet of office space at Bel Air Square, in Bel Air.

Beetle Smith of Rice Kern Smith Realty Inc. represented the landlord, Bel AirSquare Limited Partnership, and Tim Sullivan of Tim Sullivan Properties represented the tenant in this transaction.


Betz Laboratories has leased 920 square feet of office space at Box Hill Office Park, in Abingdon.

Fred Kern of Rice Kern Smith Realty Inc. represented both the tenant and the landlord, Kensington Associates Two, in this transaction.


Clorox Co. will conduct a series of 30-minute presentations on job opportunities at the new Perryman plant beginning at 3 p.m. April 1, in the Susquehanna Center, Harford Community College.

The presentation will include an introduction to the company, an overview of the Perryman project, and answeres to questions on job opportunities.

Applications will not be accepted at this event. Applicants must bring their resumesand apply in person at Maryland Job Service, 2 S. Bond St., Bel Air.

The event is sponsored by the Harford Job Fair Council.

Information: 836-4646.

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