Community Owners Taking Action!
Blog Posting # 624 @ 5 February 2021: EducateMHC
Perspective. ‘Land lease communities, previously manufactured home communities, and earlier, ‘mobile home parks’, comprise the real estate component of manufactured housing!’
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INTRODUCTION: Unforeseen consequences of the coronavirus pandemic? Delayed deliveries (out to fall 2021 with some factories) and arbitrary increasing of HUD-Code housing base price! Part II shares some Good News, for a change. Major gala event scheduled for 9 August 2021 at the RV/MH Hall of Fame in Elkhart, IN. And if, as a land lease community owner/operator you have homeowners/site lessees who’ve paid off MH loans originated with Greentree ‘many years ago’, and are in search of lien releases; well, read Part III.
Community Owners Taking Action!
Appears the manufactured housing industry now has a ‘baker’s dozen’ Evergreen Issues!
“An Evergreen Issue is content that’s always relevant.” As defined in the 32nd annual ALLEN REPORT (a.k.a. ‘AR’ & ‘Who’s Who Among Land Lease Community Portfolio Owners/operators Located Throughout North America!’). Amidst its’ widely-referenced statistical compendium, the popular AR identified a dozen Evergreen Issues that have dogged the industry and realty asset class, to varying degrees, for the past decade and longer. Now, here’s the 13th Evergreen Issue, or so it seems….
#13. ‘Delayed deliveries and arbitrary jacking of HUD-Code housing base prices are profoundly counterproductive, fostering bad will toward the manufacturer, consumer remorse on the part of homebuyers/site lessees, and perennial problems for community owners/operators.’
But NOW, land lease community owners/operators, in some parts of the U.S., are uniting to make this plight known, and suggesting remedial action in a two-step process:
First, effect an informal agreement between the home supplier and community owner, whereby the latter accepts the arbitrary price increase, but insists manufacturer sign off on a statement, added by the community owner to the product sheet (a.k.a. Sales Order Confirmation), below or near the signature line on said form that reads akin to this:
“We understand manufactured housing prices are rising because of significant increases in the cost of raw materials and building products. However, when the costs of these materials decrease, we expect housing prices to be reduced as well. Agreed!” _________________manufacturer’s representative.
This is the second time land lease community owners/operators have come together to protect their business interests! To date, as before, this initiative is not being encouraged by state and national advocates for manufactured housing! This is somewhat understandable, given most operational funding for these trade entities comes from the manufacturing segment of the industry. But maybe, like last time (i.e. 31 August 1993 – 1 January 1996 = fructification and birth of MHI’s National Communities Council division), we’ll again underscore the truth of Benjamin Franklin’s famous quote: “We must, indeed, hang together, or most assuredly, we shall hang separately.”
So, start adding the above statement to your HUD-Code housing manufacturer’s product sheet or Sales Order Confirmation, and request your manufacturer’s rep sign it!
What’s Going On @ RV/MH Hall of Fame?
Are you, like many others and me, suffering from year-long pent-up desires to travel and engage in interpersonal networking with manufactured housing and land lease community peers? Well, mark your calendar NOW, and plan to attend a truly historic RV/MH Hall of Fame Induction Banquet the evening of 9 August 2021! I’ve already made my hotel reservation for the event; suggest you do likewise, as rooms sometimes sell out for this stellar annual event.
Why will this one be truly ‘historic’? Because, for the first time in a half century, two ‘classes’ (2020 & 2021) will be inducted into the RV/MH Hall of Fame! Know what this also means? Attendance will likely swell to 700 or more businessmen and women! SO, a stellar opportunity to celebrate this honoring of 20 inductees, and opportunity to engage in the Best Networking available anytime, anywhere in the manufactured housing industry! Who’s being inducted? Here’s a near complete list of the MH (only) inductees:
• Steven P. Adler of MUREX Properties in Ft. Myers, FL.
• Ron Dunlap, retired Virginia MHAssociation executive, and military veteran
• George Porter of Manufactured Housing Resources, in DE., and RVN military veteran
• Jerry Ruggirello, land lease community owner/operator
• Ken Anderson, MHI of AZ executive
• Keith Casenhiser, partner at Bessire & Casenhiser in CA.
• Charles Lott of Fleetwood Homes in GA.
• Debra (Dee) Pizer of Zeman Properties in IL.
• Alan Spencer from Dakotaland Homes in SD.
I can’t speak for you, but I’ve known the majority of these individuals for more than 30 years, and count them not only as business associates, but good friends. I’m certain many of you feel the same; so, ‘let’s get together’ and celebrate Monday evening, 9 August 2021. To purchase banquet tickets, phone (574) 293-2344. If you’ve never visited the RV/MH Heritage Foundation’s Hall of Fame, Library, & Museum facility, you are in for a very pleasant surprise!
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George Allen, CPM, MHM