| Holly on the road back
HOLLY - Small towns have to be strong to survive and this small prairie community was bustling with trucks and volunteers Saturday, quickly cleaning up the broken trees and smashed houses that were left behind by the tornado that ripped through town Wednesday night, killing one young mother. As graders dumped shovels full of splintered wood, shredded insulation and smashed drywall into dump trucks, the Holly residents who were sifting through what was left of their homes didn't hesitate in saying they intend to rebuild in this little town about four miles from the Kansas border on U.S. 50. "Our lives are here," said Annalee Crum, her home lot having been scraped down to its concrete foundations. Mrs. Crum is postmaster in nearby Granada and her husband, Tom, is mayor of Holly.
Deer Valley Corporation Announces Multifaceted Strategic Move Into ...
TAMPA, FL--(MARKET WIRE)--Mar 26, 2007 -- Deer Valley Corporation ("Deer Valley" or the "Company") (OTC BB:DVLY.OB - News) today announced that it has chosen the South Central Manufactured Housing Institute Show in Tunica, Mississippi to showcase its recent entry in the production and sale of modular homes. The show is scheduled to open on March 28, 2007. The new modular units of the type being displayed at the Tunica show are designed to be sold through the Company's existing dealer network.As part of a strategic plan to extend its year over year growth rate, the Company plans to rapidly increase its involvement in the modular segment of the factory built housing industry. To accelerate its entry into the factory built housing industry, the Company is also currently considering the potential acquisition of one or more well established modular home manufacturers.
Developer gives Waterside School a plot to grow on
STAMFORD - Waterside School will build a permanent home in the South End on land donated by a developer planning 4,000 homes there, officials said.
The private school - founded in 2001 by former Greenwich Capital Markets co-chief Konrad "Chip" Kruger to offer high-quality education to low-income children - aims to fulfill a longstanding goal to build its own schoolhouse and expand the 100-student enrollment, Executive Director Duncan Edwards said.
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State appeals ruling in Varnum case
A former Okeechobee mobile home dealer is free on bond after a circuit court judge dismissed 29 grand theft charges against him. Michael A. Varnum, 56, must still face a felony charge of tax fraud. He posted the $10,000 bond on that charge and was released from the Okeechobee County Jail on March 12. Varnum, who formerly owned and operated Central Homes of Okeechobee, Inc., had been accused of modifying purchase agreements for mobile homes for the purpose of collecting more money, indicate court records. He is charged with tax fraud because when he allegedly collected money from customers he failed to pay tax on the money, continued those court records. In one case, Varnum collected $30,000 from an Indiana couple for a mobile home that has never been built.
Reverse mortgage can help seniors get out of financial hole
Last week, we replied to an adult child of a retired couple in their late 60s. He was concerned that his parents — on fixed incomes — were having problems making ends meet because of the rising costs of living and large payments coming due for homeowner's insurance, property taxes, life insurance premiums and the like. They had gone more than $40,000 into debt on high-interest credit cards and were able to make only minimum payments. Their home, purchased years ago, has been reassessed by local government to be valued at more than $750,000, thus increasing their property taxes substantially. They were concerned not only about current debt, but also about what would happen if one of them became chronically ill. We pointed out last week the significant increases in the cost of long-term care based upon the "2007 Cost of Care Survey" by Genworth Financial.
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