12/15/12 - At its regular meeting Monday, the Howell School Board approved a motion to give more time to obtain financing for the purchaser of the house on the Parker Middle School property. The district obtained the house as part of the purchase of the property several years ago. For a brief time since then it served as the home of Superintendent Ron Wilson, but his family has since relocated. Assistant Superintendent Rick Terres tells WHMI the realtor found more than half a dozen interested buyers. The top choice for the district offered $125,000 for the house, which is more than the asking price, but informed the board that he needs more time to get a commitment from a lending institution. The buyer asked for a five-day extension, but the board was sympathetic to the slow processing of FHA loans and granted the extension through January 14th. Terres says it has been a bumpy road to secure a loan, but he expects the deal to be closed by the first of the year. (TD)
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