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Thursday, May 12, 2011
"Cadets from the Virginia Military Institute's Civil War Round Table and Living History Society took time to rest Wednesday near Riverheads High School in Greenville during an 84-mile march from Lexington to New Market.
The march commemorates the 1864 march made by VMI Corps of Cadets to the Battle of New Market and will raise money for the New Market Battlefield."
Via Old Virginia Blog
--Thomas Jefferson, letter to Peter Carr, 1785
Via Cousin Colby
Isn't this partially what contributed to the burst of the housing bubble in 2007? The latest Florida mortgage deal carries a potential taxpayer burden that could leave you wondering what happened to the last four years.
Earlier this month, The Daily reported a plan being developed in Cape Coral, to address the community's vast real estate problems. It's no secret that Sunshine State has been hit hard with a double whammy of depreciating home values and astronomical foreclosure rates.
A large developer in the Southeast region of the country, Adams Homes believes it has come up with an attractive solution. The program, nicknamed "A-Dollar-and-a-Dream," would allow prospective home buyers to purchase a brand-new $150,000 home (model below) with a down payment of $1.
The deal provides for two different mortgages. The first comes courtesy of the Federal Housing Authority, which services a mortgage for 96.5 percent of the purchase price. The second involves a smaller federally insured loan covering some or all of the down payment and closing costs.