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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Jul 02, 1924
Page
8
Advice on home financing through corporations and building and loan associations. Explains loan ratios, down payments, lien protection, and typical terms, including 8 percent interest and monthly payments that can be accelerated to finish loans sooner. Describes how lenders secure funds and ensure project completion.
The article outlines a brick like home design with a 90 degree roof rise run ratio, French doors to a second floor terrace, a porch integrated with living and dining rooms, and a full basement. It covers costs: total build around 9000 to 11000 dollars, with variations by locality. It cites the Architects' Small Homes Service Bureau guidance and offers home building advice and financing options.
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