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Archive - Apr 9, 2011

This house could be yours for $100,000 -- and some luck

April 9, 2011

WOONSOCKET – It'll take not just a decent credit score but a bit of luck to claim the keys to this house. But for whomever can put the two together, it really will be like hitting the jackpot.
Worth $140,000, the three-decker at 41 Bennett St. will be sold by the owner – the City of Woonsocket – for just $100,000. But with three units, the house is easily capable of generating enough rental income to cover the mortgage and put some money aside.
The city plans to sell the house by lottery to eligible applicants on June 1.

Gov't shutdown averted, but it was a waiting game Friday night in R.I.

April 9, 2011

(With reports from the AP)
PROVIDENCE – A last minute budget deal, forged amid bluster and tough bargaining, averted an embarrassing federal shutdown and cut billions in spending — the first major test of the divided government voters ushered in five months ago.

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