Cohousing-L Mailing List: Costs for late selling units, new info

[LouHarr (LouHarr]

Dear People,

  Thanks for the response I've gotten already. I left out one key point.
These are homes ( not yet built) that had already been chosen  and financed by
a member who has had to drop out. They have already put in the 20% down that
all of us have.
   Some of these people have paid interest on the $$ they've put in. We as a
group are NOT buying them out but actively seeking new members. They are very
interested in getting their $$ out by a new memb. buying their unit.
  One of these owners has suggested that this be left to their discretion They
would not take a profit. . However one idea has been to put this $
compensation toward the interest they are paying on internal loans.
Thanks again--Louise Harris  
    PS( Rob, I'll see you in March at our "meetings" workshop that you are
leading )