|FW: Unrelated People Buying a House||<– Date –> <– Thread –>|
|From: Sharon Villines (SharonVillinesprodigy.net)|
|Date: Tue, 8 Sep 1998 07:28:24 -0500|
This isn't a cohousing example, but my sister shared a house for many years with a friend--they were single mothers with children. I think each had two. Their principle for everything in the house was to have clear ownership so they knew who got what when one of them moved on. One person owned the condo and the other rented from her. One person bought the living room furniture and the other bought the appliances. And so on. The rent in this situation is favorable so the renter rents at below market prices and the owners can afford to carry a mortgage more easily. Unless the unit is built as a two family house or has a clear mother-in-law apartment built in with a condominium\co-op structure, I doubt if any bank would make two contracts. Sharon Villines Synergy Cohousing, Delray Beach, FL http://www.cohousing.net Where we expect to begin site construction in December. 32 units from one to four bedrooms in townhouses. Beautiful Key West style architecture using sustainable materials that will last longer than most of us will. The architectural renderings are up at the site--in color, along with floor plans and a price list.
Unrelated People Buying a House Becky Schaller, September 7 1998
- FW: Unrelated People Buying a House Sharon Villines, September 8 1998
Results generated by Tiger Technologies Web hosting using MHonArc.