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Welcome to our website.
For a comparison of the new (June 1, 2009) FHA Title
I program compared to the
FHA Title II program, go to Title I vs Title II go
to FHA-Compare
Check in often! We
continually update with the latest in community
development information.
Last update: August 25,
2009
If you are a community owner, go directly to
Buy-Sell MHPs
Consultants Resource Group, Inc.
provides professional services to
owners-developers-investors of communities
using manufactured housing home products (HUD Code homes, or Modular
Codes)* . Including:
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M/H land lease communities (mobile
home parks),
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M/H cooperatives & m/h
condominiums
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M/H sub-divisions, individual single
lot placements
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RV parks & resort
condominiums
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Single family detached/attached apts using
m/h
We also provide ancillary
services for established clients, including but not limited
to:
R.E. Brokerage, specializing in
properties with "upside" potential:
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vacant entitled and vacant
unentitled land,
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partially built
communities,
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partially filled
communities,
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communities with high
vacancy rates,
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communities with "obsolete"
home-sites.
Mortgage Brokerage, specializing
in FHA guaranteed loans
Loan Packaging,
Market Demand
Analysis
Project Economic
Feasibility
Home Product
Selection
Acquisition Due
Diligence
Manufacturer
Selection/Negotiation
* U.S. factory built homes
which comply with the National Housing Act of 1974 (built after June
1976) which codes pre-empt state or local building codes for
installation on m/h zoned sites, or U.S.
factory built homes which are built in compliance with BOCA,
UBC, SBCC, or UBC codes for installation on single family
housing residential zoned home-sites.
Important Note:
Recent
problems with the availability of viable chattel mortgage financing
programs for home buyers in land lease communities, has greatly
diminished developer interest in building new communities.
However the market demand for new homes by sub-par residents
(those not qualifying financially for new residential housing)
remains high in many market areas of the country. An
alternative housing resource for them, is the development
of communities with all-rental units, which are managed as
SFD/SFA (Single Family Detached and Single Family Attached)
apartment projects. High leverage (up to
95%) non-recourse, low interest, long term (up to 40 yrs),
fixed rate, loan guarantees from HUD may be available for qualified
projects.
For more
information click on the SFD
Apts tab.
Community
Development Marketing & Economic Consulting
Services
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HUD Code Homes in
Sub-Divisions
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HUD Code Homes
in Land Lease Communities
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Single Family Detached
Apartments using HUD Code Homes
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Modular Homes
in Sub-Divisions
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R.V. Communities in Resort
Areas
We also assist developers,
investors, home builders with:
Packaged Client Services
include:
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Market Demand
Analysis
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Market & Economic
Feasibility/Due Diligence Studies
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Business &
Marketing Plans
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Pre-Tax
Cash Flow Analysis using Proprietary
Templates
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Home Product/Manufacturer
Selection and Negotiation
"Successful community development starts with an
objective, third party analysis of market
and economic conditions in the context of target
residents, and the developer's management and financial
resources". Edward Hicks, President since 1981
He adds .
. . "Don't get so tied up with zoning & land use issues,
engineering & design, contractor selection and project
management that you forget your first objective is
to attract qualified buyers to your community, and
provide a way for them to finance their
purchase." "Developing/building your new community may be the
easiest part, filling/selling it out may be the most
difficult. Remember, un-like the "field of dreams" if you
build it , they will not necessarily come . . .
unless you have a well thought out plan to tell them about your
community.
Mr. Hicks is a Licensed Mortgage Broker, and a Licensed
R.E. Broker, co-author of "Development, Operations & marketing
of Manufactured Housing Communities" John Wylie & Sons, NY, NY,
popular columnist "Ask Eddie" for the Journal of Manufactured
Housing, past VP of the California Mobile Home Dealers Association,
and past committee chairman of the California Association of
Realtors Mobile Home Committee.
Click
here to contact us
Click here for other M/H industry links
Consultants
Resource Group, Inc.
PO Box
2795, Brandon,
FL 33509
(813)
661-5901 Office,
(813)
661-3339 FAX
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