Reporter cautions on the high cost of building a home
A columnist urges readers to reconsider home building amid rising mortgage rates and high closing costs. The piece details a $60,000 house with a $50,000 construction loan, $2,200 closing, and 29 years of payments totaling about $180,000, contrasting past and present costs and incomes.
MENTIONED IN THIS ARTICLE
Bank of Savings and Loan Association
Charlotte School Board rejects four bids for handicapped center
The Charlotte County School Board rejected all four bids for a Lemon Bay High School handicapped center serving four counties. Bids exceeded the $575,000 budget by over $100,000, with state funds covering about 337,000 and the county the rest. If redesigned, officials say the project could fit the budget and be ready in about nine months for 30 initial students, expanding to 75, with facilities for therapy, vocational labs, clinics, classrooms, and a one way mirror planning area.
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Charlotte County
Lemon Bay High School
Willard Bowman
Port Charlotte
Charlotte
DeSoto
Sarasota
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