What does park approval mean to Sarasota mobile home park residents?
When looking to buy or sell a mobile home in Sarasota, it is important to know the importance of what park approval means, and how it can affect both the purchase and the sale of a mobile home, both in positive and negative ways.
Mobile home parks in the Sarasota area will require a resident who is looking to purchase a mobile home within the park to become park approved prior to the purchase of a mobile home.
This approval is, usually, handled by the manager in the park. Or, if the park is small enough, it can be done by the owner.
Parks have different criteria when it comes to being approved, but it usually comes down to a credit check, a criminal history screen, verification of income, and an in-depth look to see if there has ever been an eviction with the applicant.
Most of the time parks, usually, put the most emphasis on the income and eviction portion of the application process.
The reason why they do this is that when buying a mobile home in a park where the owner leases the land they will be required to make a monthly payment to the park for the usage of that land, known as lot rent.
Many times, parks will have it laid out in the rule book that if the tenant does not pay the lot rent each month, then their home could be forced into eviction due to not paying lot rent.
Having a thorough screening of past evictions on each and every tenant applying for the park will ensure the park’s safety net, and is the parks way of trying to get the most qualified tenants in their park.
The entire park approval process should take a few days after the tenant fills out their paperwork and gets it to the appropriate person who runs the process.
So, is it really necessary to get park approved prior to buying a mobile home within a Sarasota mobile home park?
Failure to having yourself approved prior to purchasing a home could lead to the home that you just bought being evicted due to you not being approved by the park prior to this purchase.
This could create a very costly and stressful situation that could have been totally avoided should you have gone forward with the approval process prior to buying your mobile home.
This is Mark Kaiser with the Mobile Home Dealer and we help mobile home buyers and sellers get to a better place in life.