Re: cohousing premium?
From: CJ Q (homeschoolvideogmail.com)
Date: Fri, 27 Nov 2020 12:55:04 -0800 (PST)
One appraisal company wouldn't even try since there were no comps.  I don't
know if that hurt the person trying to get a loan. I recently hired a
second company - I will let you know. The reason is for banks and mortgages
and how much I can price my unit.  It would hurt affordability if only
people who pay cash can move in.

I bought an affordable unit and it was below the appraisal.  I don't know
how the developer got appraisals.  Also, I don't know why appraisers or
cohousing can't just compare each unit to the other ones around them.

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