If the majority of manufactured home community owners act on their words, the
long-time sellers market may become a buyers market overnight.
National broker specialist Bob Laslocky has been hearing from hundreds of
community owners who are waiting until the Federal Government cuts the
capital gains tax to sell. Both sides of the aisle are discussing this
possibility. If they do cut or index the capital gains in 1997, it will most
likely be retroactive to January 1, as tax laws usually are.
A large number of manufactured home communities may become available, giving
the buyers a much wider choice. Will there be enough buyers to acquire all
the communities available? Will prices hold? Or will prices drop?
Laslocky proposes that pro-active owners with estate problems, partnership
issues, or impending retirement may want to consider selling now, at the peak
of the market. "It's certainly an option to discuss now with your
accountant," said Laslocky of Fastnet Realty, who has more than 20 years
experience in real estate. The New Jersey-based brokerage firm specializes in
buying, selling, and refinancing manufactured home communities nationwide.
For further information, contact: Bob Laslocky (609) 546-0876 or e-mail Bob
c/o Patti Greco, Greco Writing. Email address is GrecoWri@aol.com
Patricia Greco is a professional writer and marketing
communications consultant to the manufactured housing industry.
Patti is published in the Journal and in the Allen Letter, and is
collaborating with George Allen on the nation wide "resource Packet"
direct mail promotion. Greco Writing creates custom-designed literature
and logos that reflect the upgrade image of the industry.
Greco Writing, 8 Wintergreen Court, Lunenburg, MA 01462 Phone 978-582-0961
