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Factory Built Homes

America's Best Housing Value

"HUD Code Factory Built Homes are America's best home value, whether sited on fee simple land or in a Land Lease Community (LLCommunity). Today's homes are better built, safer, more functional and a better value than any other form of housing." Edward Hicks, Principal Consultant, Consultants Resource Group, Inc., December 2010

CRG, Inc. provides professional services to owners-developers-investor of communities using manufactured housing home products (HUD Code homes, or Modular Codes Homes¹) including:

• M/H land lease communities (mobile home parks),

• M/H cooperatives & m/h condominiums

• M/H sub-divisions, individual single lot placements

• RV parks & resort condominiums

• Single family detached/attached apts using HUD Code m/h

¹ 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 the most current low interest, long term private lender financing of m/h LLCommunities (mobile home parks, or trailer parks), go to:

http://www.fha207m.com/

We also provide

• Mortgage Brokerage, specializing in FHA guaranteed loans

• Loan Packaging,

• Market Demand Analysis

• Project Economic Feasibility

• Home Product Selection

• Acquisition Due Diligence

• Manufacturer Selection/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 and Principal Consultant 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, unlike 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.

Sunday, December 26, 2010 12:16 PM

Edward Hicks, Principal Consultant

Consultants Resource Group, Inc.

PO Box 2795,

Brandon, FL 33509

(813) 661-5901 Office,

(813) 333-5524 FAX