|Re: flip tax||<– Date –> <– Thread –>|
|From: Oliveau (Oliveauaol.com)|
|Date: Tue, 13 Feb 2007 07:59:09 -0800 (PST)|
In a message dated 2/11/2007 8:57:10 P.M. Eastern Standard Time, heidinys [at] earthlink.net writes: I'd appreciate getting examples of what you may be doing with this. If we've done this thread, let me know, and excuse my not-remembering. Hello Ruth, At Catoctin Creek Village we have a 1% resale fee intended to add to community funds for buying new stuff. These are separate from the Capital Reserve funds which are for maintaining the stuff we already have :-) First-time buyers each made a $4,000 contribution to HOA funds. The fee is the responsibility of the purchaser and is based on the sales price or fair market value, whichever is more. While I believe that the resale fee is important for the long-term financial health of my community, enforcing it has produced some stress for us. We have a case where someone who is not interested in our community has purchased a resale lot, and is resisting paying the fee. I'd be happy to answer any question you might have, -Kevin Oliveau Catoctin Creek Village
- Re: flip tax, (continued)
- Re: flip tax Oliveau, February 13 2007
- Re: flip tax Dave and Diane, February 15 2007
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