Re: Cohousing-L Digest, Vol 33, Issue 14 | <– Date –> <– Thread –> |
From: Mary English (Mary.English![]() |
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Date: Tue, 10 Oct 2006 16:32:26 -0700 (PDT) |
Our community, Wasatch Cohousing, is reviewing our right of first refusal clause this month, because prospective purchasers are being refused morgages due to that clause. The other factor is that we couldn't raise the money anyway to purchase a unit with that right of first refusal clause. Subject: Re: [C-L]_ Right of first refusal To: "'Cohousing-L'" <cohousing-l [at] cohousing.org> Message-ID: <BAY0-SMTP029F9F517C9F60309B2425A3170 [at] phx.gbl> Content-Type: text/plain; charset="iso-8859-1" Our community passed on the right of first refusal since it seemed unlikely we would have, or be willing to raise, the assets in order to actually secure the purchase, thus it would serve no real purpose. We hoped we would never have such a disgruntled owner selling to someone they knew to be a huge problem. There is little way to really know what an incoming person will really do, all you can do is speculate, based on whatever impressions or information you get, information is often pretty limited, which makes all new owners an unknown. It might be better to have a strong recruitment and outreach system that honestly and clearly shows and explains the communities functions and expectations and cultures right up front to all incoming interested parties. This way you have a good means to really screen out folks that would not want to live in such a place. Over the years people have moved into my community that have been huge assets to the group, modest liabilities, or just kind of neutral. Often it takes a year or so to really understand the impact of any particular new person, and of course, over that time, and all their time in community, they have potential to learn and change and grow. Rob Sandelin Sharingwood
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Re: Cohousing-L Digest, Vol 33, Issue 14 Mary English, October 10 2006
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Re: Cohousing-L Digest, Vol 33, Issue 14 Sharon Villines, October 10 2006
- mortgage trouble Catya Belfer-Shevett, October 11 2006
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Re: Cohousing-L Digest, Vol 33, Issue 14 MikeAngelastro, October 11 2006
- Right of First Refusal Sharon Villines, October 11 2006
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Re: Cohousing-L Digest, Vol 33, Issue 14 Sharon Villines, October 10 2006
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