Word: payment
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...tenants said Ware St. Associates told many residents of the building over the weekend that they can make a down payment on their apartments and begin paying mortgages instead of rent...
Graduated Payment Mortgages. These plans allow low monthly charges in the early years of the loan and then higher ones later, when the family breadwinner presumably will have a better income. The monthly payment on a $50,000 loan at 12%, for example, might be $396, or $118 lower than normal at the time the mortgage starts, but by the sixth year it would be $568, or $54 higher. These loans have become increasingly popular, but many families may find that their incomes do not rise as fast as their payments. Warns Atlanta Real Estate Broker Alma Fuller: "This kind...
...suspected nothing. "I knew my parents were upset with my choice of religion, my rejection of the consumer ethic, and my lifestyle of undraising in the street, which they thought was degrading to a Harvard man. But I never dreamed that they had given a man a $3000 down-payment to have me deprogrammed," Wilson said...
...bills had fallen due far before that mid-April point; News Distributors, Inc.--the wholesaler that sells the Times to HDNS--was demanding payment on the largest, a $7444.62 bill in early March, while the Boston Globe looked for HDNS to come up with $2000 to $3000 to take care of another outstanding debt...
Though Sullivan said he would offer the union no more money, he did say he would let it rework the method of payment in the contract so long as it didn't increase the total bill. "If they can agree on some other way, they've got a customer," he said...