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To: Theoria

“They wanted a uniform-looking, appearing, park,” said Cynthia Ceelen a 23-year resident. “That was their end goal, so that in three to five years they could resell.”


So, this is a “run down” park in need of improvements. It is a fixer upper just like houses we look for.

Tenants want the cheap rent and not pay for improvements?


13 posted on 03/27/2022 4:16:48 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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To: PeterPrinciple

She owned the trailer. The park may not be run down. The new owners probably had plans to have a HOA take control of the park and apply rules about landscaping, paint colors, vehicle parking, maintenance, pet ownership and signage being typical items under HOA scrutiny. Along with an HOA comes HOA fees. It is also possible the new owners only want mobile homes that are double wide and built after a certain year. Mostly for insurance purchases. If owner can’t get insurance for older mobile homes the park owners could be stuck with a lot of debris and headache in the event of a disaster.


23 posted on 03/27/2022 4:37:09 PM PDT by lastchance (Credo.)
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