du house?

by: houseSep 20, 2016 10:18:44 AM

Does du have to sell their house now???

Posted By: houseSep 20, 2016 10:18:44 AM

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#1 by: ? Sep 20, 2016 10:58:28 AM

Why would they have to sell their house?

By: ?Sep 20, 2016 10:58:28 AM

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#2 by: greekchick Sep 20, 2016 2:06:30 PM

Uh oh did they get themselves in trouble again? They treat their pledges bad which is just stupid.

By: greekchickSep 20, 2016 2:06:30 PM

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#3 by: ? Sep 20, 2016 6:18:43 PM

i thought dg couldn't afford their house

By: ?Sep 20, 2016 6:18:43 PM

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#4 by: Appearances Sep 28, 2016 6:49:59 PM

Looks like someone is setting up DU to take a fall - could it be the Legion of Black Collegians are involved?

By: AppearancesSep 28, 2016 6:49:59 PM

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#5 by: MizGreek Feb 21, 2017 12:39:04 PM

Depends... If there is any financing on the new house, the House corporation will have trouble meeting the mortgage without the revenue a full house generates. They would also be hard pressed to find alums that would be willing to donate money, that is not tax deductible, to a fraternity that just got suspended. Even without a mortgage, the house costs money just sitting there, I would suspect they would want to rent to at least cover the costs until they can return. But... renting a fraternity house is difficult because the renters don't treat the property with the same respect an owner would. Either way, it's a terrible spot to be in.

By: MizGreekFeb 21, 2017 12:39:04 PM