|Re: Rental Units and Turnover||<– Date –> <– Thread –>|
|From: Larry Miller (larry.millercharter.net)|
|Date: Thu, 7 Aug 2008 14:06:24 -0700 (PDT)|
For those communities that have rental units, or where units have been sold, is there a screening process for new people who move into the community? Oak Creek Commons has no screening process although we try hard to insure that prospective buyers and/or renters know what cohousing is all about. In general, having restrictions on buyers can make it very difficult to sell a unit and even more difficult to buy one. Banks can be very reluctant to issue mortgages on property that has a reduced pool of buyers. Larry Miller Oak Creek Commons
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