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Trailer Parks Biddeford ME

Whether you call them trailer parks, mobile home parks, or the more accurate term Manufactured Home Land Lease Communities, since the early 40´s they have played an important part in our Nations affordable housing. Initially they were a convenient source of low cost housing for factory workers during WWII, and after the war as alternative to site built homes for low and moderate income housing needs.

Seaglass Home Staging
(207) 229-7724
14 plymouth drive
saco, ME
 
Patrick Cooper Realtor
(207) 838-9009
1231 Shore Rd
Cape Elizabeth, ME
 
Anne Worth Realty
(207) 247-2001
342 Main St
Waterboro, ME

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Ogunquit Sunrise Properties
(207) 641-2929
11 Glen Ave
Ogunquit, ME

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Krainin Real Estate
(207) 693-5000
240 Main St
Bridgton, ME

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Home Sellers
(207) 774-5766
118 Maine Mall Rd Ste 2
South Portland, ME

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Town Square Realty Group
(207) 324-2860
4 Washington St
Sanford, ME

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Keller Williams Realty - Portland
(207) 400-7007
50 Sewall Street
Portland, ME
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9:00-5:00pm

Legacy Property Sotheby's Intl
(207) 780-8900
2 City Center
Portland, ME

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Seaglass Home Staging
(207) 229-7724
14 plymouth drive
saco, ME
 
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The Case for Land Lease Communities

The Case for Land Lease Communities
Sun 05/11/08 04:59:14 pm
by Ed Hicks

Ed HicksWhether you call them trailer parks, mobile home parks, or the more accurate term Manufactured Home Land Lease Communities, since the early 40´s they have played an important part in our Nations affordable housing. Initially they were a convenient source of low cost housing for factory workers during WWII, and after the war as alternative to site built homes for low and moderate income housing needs.

Today they seem to be in demise. Or are they, and should they be?

With ever increasing difficulties in obtaining zoning and land use approvals from local governments, and the lack of viable chattel financing for home buyers, with the occasional exception of an age 55+ age restricted community, there are virtually no new ones being built. And, those previously built in areas where population growth has encroached,they are often being dismantled for a higher and better land use. So in fact, the actual inventory of home sites available for leasing to residents for their homes is diminishing.

Reasons for the failure to obtain land use and zoning approvals range from perceptions by lawmakers of lower taxes generated on a given site when compared to site built housing, to perceptions of lowering neighborhood property values and mis-truths about wind safety and construction quality. None of these objections are valid, but perception is reality in the eyes of many politicians or their misguided appointees to planning commissions.

A well-managed investment grade manufactured home land lease community provides residents with many features not available in site built housing. First, residents are screened for previous violations of criminal laws and for any outstanding wants and warrants. So, the likelihood of having a convicted child molester or drug dealer as a neighbor is minimized. Next, their credit and employment records are reviewed to assure management and their neighbors of their past history of financial responsibility, and ability to meet future obligations.

Once properly screened the must agree to a binding real property lease with it´s associated community guidelines for living which include rules and regulations for the benefit the management and for all community residents. A failure to meet financial obligations, properly maintain their home, or keep lease agreement terms and conditions results in first a warning, then the threat of eviction of their home and all residents which reside there, which may be at great expense. Most evictions are a non-judicial process , which is generally easy and timely on behalf of management and the other community residents.

Residents' homes which are properly maintained in well managed communities generally continue to increase in value at about the same or higher rate than may be found in nearby similar site built homes, provided adqua...

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