PMC Financial

Deane Sargent and PMC Financial Services have been helping mobile home park resident groups and cooperatives to organize and find financing to buy their parks for over 20 years.

RESIDENT GROUP USES FAILURE TO MAINTAIN LAWSUIT (FTM) IN NEGOTIATIONS TO PURCHASE MOBILEHOME PARK

FOR IMMEDIATE RELEASE AUGUST 31, 2011 RESIDENT GROUP USES FAILURE TO MAINTAIN LAWSUIT (FTM) IN NEGOTIATIONS TO PURCHASE MOBILEHOME PARK The resident group at Blue Pacific Mobilehome Park, 220 Mar Vista Drive, Aptos, CA, is pleased to announce they have completed the purchase of their mobilehome park. The 100-site mobilehome park was purchased for about … Read more

Leases! We don’t need no stinking leases!

Leases! We don’t need no stinking leases! (Ya, you’re right. I ‘borrowed’ that line, modified slightly, from an old movie1.) That said: More and more mobilehome park residents are being ‘offered’ leases by park owners. And residents are confused. Sometimes the lease is offered as a condition for moving into a park (legal? Maybe not). … Read more

RENT CONTROL ATTACKS – Part 3

RENT CONTROL ATTACKS (Part 3 – Other Expense Issues – What to look for) This is a four (4) part series on things to look out for when your Rent Stabilization Ordinance (RSO) is under attack. Part 4 (coming sooner or later) is Other Stuff To Be Aware Of [If you missed Parts 1 & … Read more

RENT CONTROL ATTACKS – Part 2

RENT CONTROL ATTACKS Part 2 – Expense Issues – What to look for This is a four (4) part series on things to look out for when your Rent Stabilization Ordinance (RSO)         is under attack. Part 3 (coming soon) is More Expense Issues Part 4 (coming sooner or later) is Other Stuff … Read more

RENT CONTROL ATTACKS Part 1 – Revenue Issues

RENT CONTROL ATTACKS Part 1 – Revenue Issues – What to look for If you live in a rent-controlled mobile home park, sooner or later, your owner is going to try to raise your site rent by filing an appeal to the Rent Control Board (RCB), challenging your Rent Stabilization Ordinance (SRO). Many park owners … Read more

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