Re: Unit selection process | <– Date –> <– Thread –> |
From: Diana Carroll (dianaecarroll![]() |
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Date: Wed, 30 Nov 2011 12:41:33 -0800 (PST) |
Ah, not to disagree with my friend and neighbor Cat in a public forum but,well, I must disagree... >> At what point in the process did buyers firmly (irrevocably) commit to a > >> specific kind of unit (multi-story or flat, small or large, etc.)? > >> > > Irrevocably? When they signed purchase and sale agreements. > > Irrevocably? At closing. We had unit swapping going on long after units were supposedly locked down. Some people walked away from their P&S, leaving their homes unclaimed, and other people switching to those units. Me being one of those people. We switched units well after construction had started...in fact, when construction was almost complete. We walked away from $5-10K of upgrades we paid cash for in order to do so. (Hell, we have a unit switch going on right now, 3 years AFTER closing! But that's perhaps a different situation. :-) ) > > > Once the mix of units was chosen, how did you go about allowing > > individuals to choose specific units? > > > > We did this, and it turned out to work beautifully: > http://www.mosaic-commons.org/unitselection > > > We did this and it worked out fairly well. Cat's perspective and mine might differ in that she was further up the seniority list than I was. I never felt really great about where we ended up, which is why we switched when the opportunity presented itself. The process was also not anything like as simple as those short paragraphs in the policy imply. We had a variety of complicating factors. In particular, at the very last minute we added the possibility of units having basements (they were originally to be built on slabs), but if one unit in a building had a basement, they ALL had to have basements, and only some people wanted to pay for basements. A lot of finagling had to happen to get everyone who wanted a basement above one, and everyone who didn't not (and units not yet sold) above one. (To make it work, one household had to purchase two basements. it was a chaotic and nutty couple weeks!) >> What pitfalls should we be on the look out for? >> >Keep both the number unit types and the number of building types small. Also anticipate the possibility of people not buying the house they are "committed" to buying. What happens then? Don't paint yourselves in a corner. (My main lesson learned in building cohousing: it's never ever EVER as simple as you think it's going to be. Or as cheap.) Diana
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Unit selection process Timothy Hunter, November 29 2011
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Re: Unit selection process Catya Belfer, November 30 2011
- Re: Unit selection process Diana Carroll, November 30 2011
- Re: Unit selection process Pastor Liz, November 30 2011
- Re: Unit selection process Diana Carroll, November 30 2011
- Re: Unit selection process Sharon Villines, November 30 2011
- Re: Unit selection process Sharon Villines, November 30 2011
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Re: Unit selection process Catya Belfer, November 30 2011
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