February 22, 2008 - Orlando Sentinel
Resident collapses during College Park mobile-home owners hearing

February 20, 2008 - Orlando Sentinel
College Park Leisure Homes residents testify about rat, sewage problems

1. The homeowners association board of directors or acquisition committee contacts FMO Conversion Services. We will send an information packet and set up an appointment with the Board or Acquisition Committee to determine where the residents are in the conversion process. Some residents will be taking their first step in learning about how to purchase their community. Other residents may have already made an offer to the park owner and want to update the proposal. FMO Conversion Services is ready to assist no matter what level the homeowners have reached in the process. In addition those homeowner associations under a 45-day right of first refusal, the evaluation process will be expedited in order to accommodate the time constraints involved.
2. FMO Conversion Services will then review the information provided from the Information Packet. If more information is needed, the board or committee will be contacted and instructed accordingly. We will then set up a free educational seminar for whole community.
3. At the meeting, FMO Conversion Services will determine whether the homeowners association needs to do further preparation or is ready to move forward toward a purchase. A service agreement outlining FMO Conversion Services' fees and services will be explained and presented to the board of directors or the acquisition committee. After this contract is signed by the board, FMO Conversion Services will then move forward with he analysis phase of the process.
4. FMO Conversion Services will prepare an in-depth evaluation of the community projecting the income and expenses of the park and determining a fair market value and proposed purchase price. Once the board of directors or acquisition committee reviews this evaluation, it will determine if it want to proceed with an offer to purchase.