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I have seen this about a dozen times throughout my career, where a park manager knowingly does things to deny potential residents trying to come into the park. I do not know the motives of your park manager however it definitely seems they are the ones causing you from moving on with your life. First of all, if you approach the park manager in a mean or rude manner this will likely only do a disservice for you trying to move forward quickly and sell your home. I suggest that you continue marketing your home for $2000 and aiming to have as many people walk through your property as possible. Next, send as many people to the park office as possible.
If a notary is not needed then your father consign as seller to a happy buyer that is willing to pay your price. With that said I may not have understood the question. If I am understanding correctly, then the mobile home still has an existing lien on the SOL correct? Perhaps you purchase the mobile home directly from the park, and are making payments to the park?
How to Price a Mobile Home
Many people with trailers live in mobile home parks and lease their lots from the park owner. If this is you, it means you can’t sell your manufactured home without involving the mobile home park owner. The park has occupancy rules and regulations, and the new owner of your home must abide by them as you have. The park owner requires documentation that the new owner will be compliant; he or she may also have the right to approve your potential buyer. This makes the sales process more complex. Thank you very much for reaching out and connecting.
The number of people looking to get information from social media is increasing. Posting your mobile home on land for sale listing on social media can be a good place to find a buyer. It can also be very frustrating to deal with the amount of messages the seller will receive as well as making appointments to show the mobile home and dealing with people not showing up.
Understand you have options when it comes to how you sell your property.
Buyers have filled out papers and waiting on approval. My decals for taxes are paid thru December 2016. My question is do I have to pay taxes on my sell? Someone told me I had to pay 6% of what I sold it for. Any enlightenment on this would be appreciate. Thank you for reaching out with this issue.
We are not sure how to protect ourselves without ending up having a massive tax bill. We understand that we need to be protected in case of loan default. Can we sell to him with a language that he can not sell the land without paying off the mobilehome first?
Are You a Mobile Home Owner Interested in Selling?
Make sure you are advertising your home for sale online at sites such as Craigslist.com, sellfastbyowner.com,and mhvilliage.com. Your mobile home should also be for sale in the small local community newspaper in your area. Thanks for commenting and reaching out concerning this issue. I apologize about the technical difficulties you’re having. Please email me over a detailed description about your home for sale. Make sure to include the number of bedrooms and bathrooms, the best way for buyers to get a hold of you, and the asking price.
Then select an offer, negotiate, accept and close. Consider hiring a real estate agent if you can't close the deal. Selling a home of any kind by yourself can take up lots of time. If you're busy with work, kids, or other responsibilities, it can be too much. Understanding your buyer pool also makes a difference, especially when it comes to marketing. Leased and land-owned park communities can attract retirees who live in 55+ communities or families who live in all-age mobile home parks.
When Is the Best Time to Sell My Mobile Home?
So if you are not receiving many calls aim to lower your price if needed. Depending on the age of the home you may want to call local mobile home brokers, dealers, and even mobile home parks to see if they will buy your mobile home and move it onto their land. I hope these suggestions have been helpful and makes sense. If you have any follow-up questions or concerns never hesitate to write back any time.
Fortunately, you have time to wait and use resources to market your home for a cash buyer and wait. You could even list your home in MLS for 60 days with a Realtor. If you sell your home for payments you will be able to charge a higher sales price as opposed to selling for all cash. Naturally, a home in a desirable area will have more value.
You have already signed a likely legally binding agreement with the listing agents company to buy your mobile home. Legally speaking, the agreement will clearly state what the repercussions are should you want to default or backout of the agreement. Sometimes you will have to pay a small fee and other times a written notice is needed. With that said you mentioned that the listing company would not purchase the home if a new roof was not installed. This makes me believe that if you do not install a roof than the company will be forced to backout of the agreement. Assuming you can drop the listing agreement and contract, then you will be able to resell legally to these cash buyers.
It will be in our name only the only thing is that I will still be renting a lot from this place. Any help you could give me would be greatly appreciated. Thanks for reaching out and commenting with regards to your questions. First off, I regret the situation that your grandfather and your family is currently in. This was 13 years ago so your grandfather did get a lot of years out of the home before the park asked for this info.
This would only help speed up the process of your future buyer eating approved for a loan. When a mobile home has to be moved before somebody can live in it, there are so few potential buyers in your market. Most buyers with cash or ready to go to a bank for conventional lending will want a home they can instantly move into. My first thought is that in order for a fast sale you need to make the price very attractive so that someone does not mind the headache of having to move the home.
Before you stop advertising and showing the home, make sure the buyer has been approved by the park. Wait until the park manager tells you the buyer has been approved to move in before you stop talking to prospective buyers. If this is the case then you are most likely being evicted by a mobile home park for non-payment or face some sort of life change. If this fits your description then time-is-of-the-essence and you need to sell fast or you risk losing the home, losing money, or giving it away to the park for free.
We are working with a realtor right now who is providing advice free of charge and she has experience dealing with this park owner. She said he is extremely difficult to work with and often seniors walk away because they cannot deal with the hassle and expense. We certainly don’t have the time nor the big bank account to keep this on the market for over a year however this is my Mom’s only asset and she doesn’t have a savings. Looking for your best advice at this point we are grasping for answers on the best solution her predicament. Thank you for your kind words about this website.
Last year, more than 80,000 homes were sold on MHVillage with a combined transaction value exceeding $3 billion. Now that you have put some time and effort into planning the sale, preparing the home for sale, and pricing it correctly, it’s time to focus on attracting attention to your home. This step involves showing potential buyers how great your home is. Therefore, if you want to see favorable results, that is, a quick and successful sale, you will need to implement an effective marketing strategy for your mobile home. Well, perhaps the Des Moines mobile home will sell faster because there are fewer homes for buyers to consider. But, maybe the mobile home in Miami is newer and near the water on an attractive lot.
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