Our crew is currently busy installing new homes and maintaining our current inventory.  We just don’t have time to prepare all our used home inventory for sale or lease.  You can take advantage of our busy season by purchasing a home that is on our list to rebuild and save thousands.  Here is how it works.


PROGRAM DETAILS

You will need skills in carpentry, plumbing, flooring, roofing, and other trade skills to consider this program.  This is not something that simply involves painting and decorating.  These homes need repairs.  Some of these repairs may be extensive.


There is no warranty of any kind.


$1,000 down payment required.  The balance is financed at 0% interest.


During the finance period the home cannot be removed from the park but may be resold to another customer or sold back to the park.


Right of first refusal required (see below)


PROCEDURE

Photos of the exteriors are available on our website

For interior photos, email rehabs@cleanparks.com for access

To view the homes, apply for residency as outlined for all homes

We will then set up an appointment with one of our maintenance technicians to review what we know about these homes.  That is in no way a comprehensive list.  These homes are sold completely AS IS.  Almost certainly as you begin to rehab there will be additional problems found.

Closing takes just a few days.

RIGHT TO FIRST REFUSAL TO PURCHASE

A manufactured home

 

Homes purchased from MH Finance, Inc., are sold at a reduced price as a service to our customers.  As the owner of the home, you are free to sell to whoever you choose.  You are not required to sell your home to MH Finance, Inc., or back to the community.  This agreement simply allows MH Finance to match any verified offer by a buyer.  If MH Finance, Inc., does not match or exceed the offer within 10 days, the customer is free to sell to the purchaser under the terms presented.  If the home is to remain in the community, that buyer must pass the standard residency requirements.

 

Since this agreement is referring to what happens AFTER the sale of the home to the customer, MH Finance is referred to as the PURCHASER, and the owner of the home referred to as the SELLER.

 

This Right of First Refusal to Purchase this manufactured home is made on this, the 20th day of

April 2022, by and between MH Finance, Inc., (and its successors and assigns) hereinafter referred to as the “SELLER” and Customer 1, customer 2, his/her assigns, hereinafter referred to as the “PURCHASER”.

 

WHEREAS Purchaser desires to obtain a right of first refusal or first option to purchase certain manufactured home owned by Seller; and

 

WHEREAS Seller agrees to grant Purchaser a right of first refusal or first option to purchase manufactured home pursuant to  the terms of this agreement; and

 

NOW, FOR AND IN CONSIDERATION of $250 and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, it is agreed as follows:

                                                                                                                                                                 I.             

 

GRANT OF FIRST OPTION : The Seller does hereby grant unto the Purchaser the exclusive and irrevocable right, during the term of this agreement , of first refusal and first option to purchase, upon the terms and conditions hereinafter set forth, Seller’s property situated at 14115 S. Western Avenue, Site 246, Blue Island, IL 60406.  Including without limitation the items described in the original purchase agreement for the sale associated with this agreement.

 

                                                                                                                                                               II.             

EXERCISE OF FIRST OPTION: Upon notification of an offer verified by the Purchaser, the purchaser has 10 days to commit to the purchase at the same or better terms than the third party.

 

                                                                                                                                                             III.             

 

TERMS OF PURCHASE: In the event Seller elects to sell and Purchaser desires to exercise his first refusal rights granted under the terms of this agreement, the terms or purchase shall be as follows:

 

·         Cash payable at closing

·         Valid title

·         Inspection of premises by a purchaser verifying the home is in satisfactory condition

 

                                                                                                                                                            IV.             

OPTION OR FIRST REFUSAL MONEY:  Upon execution of this agreement, Purchaser has paid unto Seller the sum of $ 250 as “First Refusal or Option Money”. The Option Money shall not be deducted from the from the purchase price of the property and is paid to Seller as consideration for and to make this agreement valid.  

 

                                                                                                                                                              V.             

POSESSION: Purchaser shall be entitled to possession of the property at closing.

 

                                                                                                                                                            VI.             

RIGHT OF ENTRY:  Upon notification by Seller of his or her desire to sell and Purchaser’s exercise of his or her refusal, Purchaser shall be entitled to enter upon the property for the required inspection.

 

                                                                                                                                                          VII.             

DEFAULT: This contract shall be binding upon and inure to the benefit the heirs, administrators and assigns of the parties hereto and upon default in any of the terms of this Agreement the defaulting party agrees to pay all costs of Court and a reasonable attorney’s fee.

 

                                                                                                                                                        VIII.             

GOVERNING LAW: This agreement shall be governed by the laws of the State of Illinois

 

 

SELLER: Customer 1, customer 2                    Date:  

 

 

 PURCHASER:  MH Finance, Inc.,                    Date: