Cohousing-L Mailing List: Re: Foreclosures and short sales

[Sharon Villines (sharon]

> On Feb 10, 2015, at 8:04 PM, Thea Hensel <theahensel [at] gmail.com> wrote:
> 
> It has not been a pleasant experience.  The banks and real estate handlers
> don't care or understand what co housing is but want to make a sale.  No
> matter how we have tried to get information to the agent and ultimate
> buyers most newcomers have moved in without facts, orientation or concept.
> We are in catch up mode and have had some rocky patches.

Did you know in advance that the former residents were in financial difficulty? 
Foreclosures take a long time to process. Could you have found buyers before 
they went to foreclosure?

Sharon
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Sharon Villines
Takoma Village Cohousing, Washington DC
http://www.takomavillage.org