Re: Incentives for early joiners (fwd)
From: Lydia & Ray Ducharme (
Date: Mon, 24 Apr 2000 20:59:45 -0600 (MDT)
There you go.  We guestimate (pie-in-the-sky kind of preliminary numbers
actually) that the 50% return on high risk financing will amount to about
1.5% of total project costs so a 6% or 3% discount for early members sounds
even better.  Maybe we should think of adopting that approach!

WholeLife Housing
Calgary, Canada

> At River Rock, I think we had something like a 6% discount for
> very early buyers, a 3% discount for fairly early buyers, and no
> discount in the last 6 to 12 months.  In order to get the discount
> you had to make a moderately large deposit, some of which was
> non-refundable.  We had at least one family change their mind
> and lose that part of their deposit when they left.  But, many
> of the earliest and most enthusiastic members saved a fair bit
> on their units.
> Howard A. Landman

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