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White Gables Property Evaluated
Today the foundation representative who supervises our management of White Gables was here, along with the head guy of the “properties” part of the foundation, PLUS a real estate broker. They were here to check over things and the broker was going to evaluate White Gables and guess on its sales value in today's market.
The head guy for the foundation didn't seem all that pleased. You can tell he's a city slicker who doesn't “get” the whole farm thing we're doing. The broker seemed intrigued, but it was hard to read his face. Of course, we want him to put as low a price as possible on this place, because if they're going to over-value it, we're not even going to bother trying to buy it. We'll just keep renting and sit back and let them try to sell it to someone else. Go ahead, guys! People with money don't want this place. Its too much work for not enough money. You'd have to live here to get value out of it, and most people who are wealthy enough to afford an apartment complex of townhouses will not settle for living in a tiny 2-bedroom living space! So I'm not too worried.
But even if it all falls through, we'll just rent here and make plans to buy elsewhere that has enough land to put small cabins or tiny houses or something on it so the community thing will still be possible. It has to be affordable, because shooting ourselves in the foot helps no one. Not even the non-profit university foundation.
Meanwhile, we're making in-roads on our credit scores, fixing mistakes we find in the reports. It takes a while though. Which is why we said August would be the first we'd be able to get this going.
We'll see. I hope we figure out a way to make it work, though. This place is idea in many ways for our needs. I'd hate to have to start all over again.
Source: http://lucretiasheart.livejournal.com/1036466.html
