Re: Options [was the concept of cohousing v. actual cohousing] | <– Date –> <– Thread –> |
From: Jessie Kome (jehako![]() |
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Date: Sat, 13 Feb 2010 08:58:10 -0800 (PST) |
Hi- Sharon's answer is good. Here's why you might want an option. You typically purchase an "option to purchase" a piece of property because you think it might be right, but you need to do a quick check of some sort with your co-investors, OR you need time to consolidate your financing package with your lenders or investors. In a healthy market, an option to purchase will cost more the longer you want to hold it (30 days, 60 days, etc.). At Eastern Village, our developer held an option on our property for a brief period while we signed up enough members (money on the table) so that the lender would agree to issue the developer the construction financing. -Jessie Handforth Kome Eastern Village Cohousing Silver Spring, Maryland "Where our son seems to have come out of his recent brain surgery with flying colors and everyone is glad with us!"
- Re: the concept of cohousing v. actual cohousing, (continued)
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Re: the concept of cohousing v. actual cohousing Kristen Simmons, February 11 2010
- Re: the concept of cohousing v. actual cohousing Sharon Villines, February 12 2010
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Re: the concept of cohousing v. actual cohousing Jennifer Flynn, February 12 2010
- Options [was the concept of cohousing v. actual cohousing] Sharon Villines, February 13 2010
- Re: Options [was the concept of cohousing v. actual cohousing] Jessie Kome, February 13 2010
- Re: Options [was the concept of cohousing v. actual cohousing] Sharon Villines, February 13 2010
- Cost estimates Marganne Meyer, February 14 2010
- Re: Cost estimates Sharon Villines, February 14 2010
- Re: Cost estimates Marganne Meyer, February 16 2010
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Re: the concept of cohousing v. actual cohousing Kristen Simmons, February 11 2010
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