|Re: Cohousing-L Digest, Vol 33, Issue 14||<– Date –> <– Thread –>|
|From: Sharon Villines (sharonsharonvillines.com)|
|Date: Tue, 10 Oct 2006 18:50:20 -0700 (PDT)|
On Oct 10, 2006, at 7:32 PM, Mary English wrote:
Our community, Wasatch Cohousing, is reviewing our right of first refusal clause this month, because prospective purchasers are being refused morgages due to that clause.
Why are banks refusing mortgages? It seems that all they would care about is that someone would purchase the unit -- that it could be sold.
I would understand if the clause said the community had to approve the buyer. That isn't what right of first refusal means.
Sharon ----- Sharon Villines Takoma Village Cohousing, Washington DC http://www.takomavillage.org
Re: Cohousing-L Digest, Vol 33, Issue 14 Mary English, October 10 2006
- Re: Cohousing-L Digest, Vol 33, Issue 14 Sharon Villines, October 10 2006
- mortgage trouble Catya Belfer-Shevett, October 11 2006
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