|RE: Multi Family Strawbale Housing||<– Date –> <– Thread –>|
|From: Denise Meier and/or Michael Jacob (dmmjwco.com)|
|Date: Wed, 23 Oct 1996 15:11:26 -0500|
On Wed, 23 Oct 1996 Mmariner [at] aol.com wrote: > Rob S sagely advises checking with banks before getting too committed to a > technology such as straw bale. > > We all have the perception that banks tend to be very conservative and to shy > away from anything that is unfamiliar, especially things that are "unproven." > When we were first talking to a bank about financing our construction, we asked rather tentatively about straw bale and other alternative building methods. The banker's reply was "Hmmm, straw bale, well, I don't know who would be financing something like that around here...." The next week I was driving by the new Real Goods Solar Living Center in Hopland (straw bale construction, among other innovative techniques used) and guess which bank was providing the construction financing! The moral of this story is, don't necessarily take no for an answer - your loan officer may just be giving you a careful, conservative answer rather than knowing what the bank's policy actually is.... Denise Meier
- Multi Family Strawbale Housing Sarah Kerr, October 21 1996
- RE: Multi Family Strawbale Housing Daniel Nachbar, October 24 1996
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