Re: Agreements to reshare financial burden (was: Per Household or per person?) | <– Date –> <– Thread –> |
From: Elizabeth Magill (pastorlizmgmail.com) | |
Date: Tue, 19 Mar 2013 18:16:03 -0700 (PDT) |
> Until construction was complete, we had an agreement to sell off the > property and divide up the proceeds if the project failed. In our community I was one of several who considered ourselves "risk averse" and thus did not "join" until the community "had land". All those quotes to imply none of these words are as clear as they appear!!! In my case we had a purchase and sale, a clean perc, support from the town officials and I paid up my share join. Only to have a group of neighbors decide we were evil, convince the town we were evil, and the town executed its right of first refusal on the property and agree to purchase the property instead of us.... So we lost the that property and all the costs associated with making the property a viable purchase.... So at that point i'd invested money that there was no way to get back if we did not succeed.... (Our method of "joining" was to commit to pay 5% of the final purchase price of your home. Therefore, the question of how many in the household was irrelevant. "Joining" was totally based on the expected price of the home. Then the marketing costs, and most other costs, came from that fee, plus the investments that Diana noted earlier. And we all knew at some level or another that it could all be lost.) -Liz (The Rev.) Elizabeth M. Magill www.worcesterfellowship.org www.mosaic-commons.org 508-450-0431
-
Agreements to reshare financial burden (was: Per Household or per person?) 111rmp, March 19 2013
- Re: Agreements to reshare financial burden (was: Per Household or per person?) Elizabeth Magill, March 19 2013
-
Re: Agreements to reshare financial burden (was: Per Household or per person?) Diana Carroll, March 20 2013
-
Re: Agreements to reshare financial burden (was: Per Household or per person?) Sharon Villines, March 20 2013
- Re: Agreements to reshare financial burden (was: Per Household or per person?) Diana Carroll, March 20 2013
- Re: Agreements to reshare financial burden (was: Per Household or per person?) Sharon Villines, March 20 2013
-
Re: Agreements to reshare financial burden (was: Per Household or per person?) Sharon Villines, March 20 2013
Results generated by Tiger Technologies Web hosting using MHonArc.