723 Communities, Is it time to purchase your community?

5 December 2008 | 2 Comments » | Mark E. Butler

We’ve heard rumblings about the preceived diffucilty of some tenants that “might” want to purchase thier communities. Most owners of Land Lease communities would rather sell the property to the residents. The question is “are you prepared to jump in”? Getting everything in order prior to the owner of the commmunity thinking about other, outside, offers is paramount to a communities efforts to be in the forefront of purchasing the community.  Please contact us for details and assistance in being prepared for the possible purchase of your community. We have been a part on many communities acquisitions by the residents and also have had many owners of communities approach us with the statement that their intention is for the “residents” to be able to purchase the property. It’s not out of the question, it’s more a question of “Are you prepared”?