Re: Deposits vs earned interest
From: R.N. Johnson (cohorandayahoo.com)
Date: Wed, 11 Mar 2009 09:15:02 -0700 (PDT)
We did that at New Brighton Cohousing.  The orginal three households put down 
the first 30K, the next few households put down the next installment of earnest 
money, and every one else paid at the end. We just dealt with it as if it were 
an early partial downpayment. 
Randa Johnson
New Brighton Cohousing
Aptos,CA





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