|RE: tax question||<– Date –> <– Thread –>|
|From: Philip W. Bush (Philip.W.BushDartmouth.EDU)|
|Date: Thu, 31 Dec 1998 14:13:21 -0600|
--- "Rob Sandelin" wrote: <snip> the banks would not give mortgages to homes that did not control their own lot. (I assume they do so in your area or you would not be considering a land trust). --- *We're just at the exploratory stage with banks at this point. So far, they seem so wary of so many aspects of the project that we know we have a lot of work to do to if we're going to convince them to give mortgages. No one thing appears to be the deal-breaker at this point; the combination just seems kind of overwhelming to them (ie. plans to put permanent conservation easements on 200 acres, parking away from homes, shared heating systems for 3-5 homes, shared kitchens in some duplexes, composting toilets, and all those other unheard of radical ideas we have.) --- "Rob Sandelin" wrote: Setting up as tied shares may cause your home value assessments to rise some. Strangly, the fact that we have a 25 acre greenbelt surrounding the homes has not yet shown up in an appriasal here yet. Maybe that is because the title is only for the condo unit, which is all the appraisor considers? --- *Wow. Can we borrow your tax appraisers when it's our turn? Phil Bush Cobb Hill Where we just drilled 600 ft and hit no water. The dowser comes Saturday.
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