Park Plaza Cooperative – A Resident-Owned Community
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What's the process for buying a home in Park Plaza?

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Prospective homebuyers must secure board approval before moving in.
  • First, agree to terms with the seller of the home and sign a purchase and sale agreement. 
  • Second, immediately complete and submit a membership application. The board of directors must approve new members and there are criteria for membership and an application process. Click here for more details.
  • Third, if you require home financing, arrange for a loan as you would in any other community. 
  • Finally, upon board approval, payment of the membership fee, execution of an Occupancy Agreement, and a successful transaction with the seller, take the keys and start enjoying your new home and the stability and security that comes with living in a resident-owned community!


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