Word: burgdorff
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Builders and real estate brokers, scratching for business, are resorting to some far-out tactics to keep on selling houses. Realtors in the Jean Burgdorff firm in Summit, N.J., have taken out personal loans, pledging their own assets as collateral, and then relent the money on short terms to would-be house buyers who could not get mortgage financing elsewhere. Witkin Homes in Denver guarantees buyers who balk at today's high interest rates that they can refinance their mortgages once within the next three years if rates drop. Homewood Corp. of Columbus will give a buyer free paint...
Died, Bernhard von Beneckendorff und von Hindenburg, 74, author, youngest brother of President Paul von Hindenburg of Germany; in Luebeck, Germany. Under the pseudonym of Bernhard von Burgdorff he wrote novels, a popular biography of his famed brother, a play (Galileo) depicting the conflict of church and science, which attracted interest at the time of the Scopes trial in Tennessee...
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