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August 06, 2005

Goals in Designing a Resale Formula

Every CLT resale formula attempts to strike an equitable balance between providing a fair return to the seller household and ensuring an affordable price to the homebuyer household. Resale formulas are typically designed to accomplish additional goals as well. Presented...[More]

Posted by Mike Brown | Comments (0)

August 02, 2005

Comparing the Four Major Approaches to Resale Formulas

There are four major types of resale formulas used in CLT ground leases - indexed, itemized, appraisal-based and mortgage-based. There are distinct advantages and disadvantages to each approach. Here is a chart that compares each of these four different types...[More]

Posted by Mike Brown | Comments (0)