CrossLand reported the No. 1 issuer of 203(k...

Real Estate Watch

August 11, 1996

CrossLand reported the No. 1 issuer of 203(k) loans

CrossLand Mortgage Corp., a Salt Lake City firm with four locations in Maryland, says it is now the nation's No. 1 issuer of 203(k) loans, according to statistics compiled by the U.S. Department of Housing and Urban Development.

HUD's 203(k) program allows homebuyers to purchase and repair a "fixer-upper" property with one fixed-rate loan for as little as 3 percent down. One goal of the program is to help beautify the nation's neighborhoods by refurbishing existing homes.

Patricia M. Porter, CrossLand's national 203(k) director, has spent more than 16 years working directly with HUD in developing, refining and streamlining the program.

Founded in 1892, CrossLand Mortgage operates 70 offices in 22 states, originating more than $2.5 billion in loans annually. CrossLand's Maryland branches are in Annapolis, Laurel, Lutherville and Waldorf.

Free workshop on homebuying

Harbel Housing Partnership is sponsoring a free homebuying workshop Aug. 19 from 6: 30 p.m. to 8: 30 p.m. at the Perry Hall Library, 9400 Belair Road.

Workshop topics include housing affordability, credit, mortgage programs, contracts and home inspection.

Those attending the workshop will also be told about the Baltimore County Settlement Expense Loan Program.

For additional information or a reservation, call Harbel at (410) 444-2100.

Hechinger offering home repair clinics

If you need some guidance with home repairs, it might be a good idea to attend one of the "How-To" clinics offered at a Hechinger store near you.

Free, hands-on-clinics will be taught by former tradesmen.

Topics, times and dates: install a garbage disposal, 7 p.m. Aug. 15; repair and seal a driveway, 10 a.m., Aug. 17; replace a kitchen sink, 7 p.m., Aug. 21; install a storm door, 10 a.m., Aug. 24; install vinyl windows, 7 p.m., Aug. 29; and install storm windows, 10 a.m., Aug. 13.

Get remodeling help over the Internet

The United Homeowners Association , which promotes and defends the benefits of homeownership, reports that homeowners can get their remodeling questions answered through the group's interactive Homeowners Forum on America Online.

The new service helps homeowners get home repair guidance by networking with members of the National Association of the Remodeling Industry and other professional contractors.

Smart Consumer Services, a consumer advocacy and assistance firm, sponsors the National Association of the Remodeling Industry Resource Area on Homeowners Forum (Keyword: HOME). For more information, call (202) 408-8842.

News in Brief

Bozzuto Landscaping Co.of Upper Marlboro, a subsidiary of the Bozzuto Group, received the "Creative Maintenance Award" from the Park & Resource Conservation Branch of the Maryland Recreation and Parks Association.

Century 21 Crist Realty Inc.said broker Don Crist Jr. received thCertified Broker designation from the National Association of Realtors. Licensed for 23 years, Crist has won six Centurion Awards for recording at least $5 million in home sales in a year.

Long & Foster Real Estate Inc. said Patricia Smith of the FellPoint office was the firm's top producer in Baltimore for June with $700,000 in home sales.

Long & Foster Real Estate Inc. said Rick Roy of the Timoniuoffice was the company's top Baltimore County producer in June with $1.7 million in home sales. Other top sellers were David Dresser, Pikesville, $1.1 million; Chris Wood, Towson North, $1 million; the team of Michael Yerman and Libby Berman, Greenspring, $986,500; Jack Martin, Catonsville, $982,150; and Jean Colston, Perry Hall, $749,900.

Long & Foster Real Estate Inc. said Elinor Warring of the Kent Island office was the firm's top producer in Queen Anne County for June with $509,800 in home sales.

O'Conor, Piper & Flynn Realtorssaid the Bel Air/Forest Hill office set a monthly record in May with $10 million in home sales, $3 million more than its previous high.

On the Move

Champion Realty Inc. said Preston Moore Jr. returned to its Severna Park office as a sales associate. Also a homebuilder, Moore will focus on new homes and land sales.

The Enterprise Foundation appointed Ben Hecht director of housing services for the Columbia-based nonprofit organization. Hecht was previously director of the National Center for Tenant Ownership at Georgetown University Law Center in Washington. has written several books.

Fidelity Title Co.appointed Terry O. Stafford, a fully licensed reaestate and title insurance agent, as vice president of the Pikesville firm. A graduate of Virginia Intermont College, Stafford is president-elect of the Greater Baltimore Chapter of the Women's Council of Realtors. She is also a member of the Greater Baltimore Board of Realtors, the Harford County Association of Realtors and the Home Builders Association of Maryland.

Keystone Homes named Meredith McGee as operation managefor its Eastern Shore division. McGee previously worked for U.D.C. Homes and John Wieland Homes in Atlanta.

Macallan Funding Inc. said Scott R. Shinskie joined thfull-service mortgage company at 1124 S. Charles St. as vice president. Shinskie was formerly a senior loan officer with Chesapeake Mortgage Services Inc. He will be in charge of marketing and community relations.

O'Conor, Piper & Flynn Realtors said Joanna Dallam joined thfirm's Bel Air/Forest Hill office as a sales associate.

Pub Date: 8/11/96

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