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Manufactured homes in Condo Parks and Lending Practices

Many high quality manufactured home developments were first developed as rental or lease communities and later through the resident or homeowner association efforts or through owner determination, the development was converted to resident ownership. One of the most popular methods of park conversion was through a condominium plan. (more…)

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Foundations and the Mobile home Park Conversion Process

Many mobile home parks and manufactured home communities began as rental parks where space rent was dictated by location, size, date of purchase and cost of living increases. It has become increasingly popular for residents to desire a greater control over their living situation and costs associated with their residences, thus converting the park to resident ownership has become a rising trend. (more…)

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Looking to put your home on a Permanent Foundation?

The first step in placing your manufactured home on an engineered permanent foundation is to own the land upon which the unit sits. Whether the home is located in a resident-owned a Planned Unit Development subdivision (PUD), a manufactured home condominium park, a cooperative community or on private property, one of these ownership classifications must exist for the home to qualify for a permanent connection. (more…)

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24. Oct, 2007