[CPEO-BIF] Home values and contamination in Tallevast (FL)

[Lenny Siegel <lsiegel@cpeo.org>]

Tallevast home values still in limbo

DUANE MARSTELLER
Bradenton Herald (FL)
July 24, 2005

TALLEVAST - If Marvin and Wanda Washington decided to sell their house, 
they wouldn't know how much to ask for it.

That's because no one will tell them how much it's worth.

Last year, the Washingtons asked two different local appraisers to value 
their 7616 16th St. E. home so they could get a home-improvement loan. 
But both appraisers declined, citing a plume of contamination from a 
former beryllium plant nearby.

"I couldn't believe it," Wanda Washington said, shaking her head. "No 
one would take it on."

The appraisers' unwillingness underscores the uncertainty about the 
contamination's financial impact on neighboring properties, even those 
outside the 131-acre plume - like the Washingtons' home.

...

For the entire article, see
http://www.bradenton.com/mld/bradenton/news/local/12210853.htm

--
Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
http://www.cpeo.org


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