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If you have any follow-up questions feel free to ask any time. Thank you so much for commenting on this issue. I regret to hear that you’re having such a tough time selling. However mobile homes, especially in parks, are notoriously difficult to sell cash buyers or buyers wanting bank loans. You sell your home is beautiful and I have no reason to doubt you.
I very much regret to hear your situation. I have a mobile home located in Milledgeville GA, and it is located on a rent lot that is up up until June 1st 2017, I need to sell this home fast, can you help me find a buyer. I have a manufactured home for sale in Boynton Beach, FL. I need to sell this home asap.
Price your home based on the market and buyer demographics
Be aware it may be good to have a notary available for this. I DO NOT suggest this for homes that must be moved. The last thing you want is to sell your home for a small down payment, then, once the buyer has moved the home to their land, they stop paying. To recoup your money you would need to not only repossess the home but also find somewhere else to move the home and much more. After accepting an all-cash offer to sell your home, it's time to prepare for closing. Read on to know what to expect, the 5-step closing process and ways it differs from selling to a financed buyer.
Can the park prohibit me from selling to someone like this? In the lease agreement originally signed it should definitely discuss about moving the home out of the park and what are the requirements and restrctions. I’ve seen some managers who do not care at all, and I’ve seen other managers lay down in front of the moving truck in order to keep the home inside the community. I would certainly alert the park We are selling because we are buying a home elsewhere. Congratulations on the new home purchase!
How to Price a Mobile Home
The lack of traditional funding means that over 95% of used mobile homes sold by individuals will be sold all cash. It is vitally important to know the value of your home and demand a fair price. On the other hand, you shouldn’t overvalue what your home is worth. Seek fair win/win offers that allow both buyer and seller to get what they want.
With that said I am not sure of the area and this could absolutely be a good price. The reason I mention it seems a bit high is because I purchased lots to place mobile homes on within Texas for $5000 each. This however is in more rural areas of the Dallas-Fort Worth area. In short, if no one is biting on the $28,000 in the market has spoken and this is too costly of a price.
Selling When You Do Not Own the Land Underneath Your Manufactured Home
Your mobile home park will also likely want to prescreen this buyer, but you need to investigate their background personally. Many websites offer cheap screening to check for criminal history, credit history, eviction history, and sexual predator status. Ideally, you will find “0” concerning results. Deciding to sell your home yourself is referred to as for-sale-by-owner . The FSBO process is similar to traditional selling, but without the help of a real estate agent.
We have not decided on an exact price with him yet but he mentioned 25k. We may accept that as it will be much easier I think to sell to him and get it done quickly I hope. I would encourage you to keep advertising and showing the home until a buyer gives you cash in hand. With regards to you prescreening your potential buyer, if you are selling the mobile home for cash than this will typically not be needed. Anyone who is interested in the property and has the cash available should go get approved by the mobile home park and report back as soon as they have done so.
Along the way I have been taken advantage of and lost money with dumb investments and decisions. It is my goal to teach, entertain, motivate, and educate in the same why I would have wanted when I first started. Thank you for putting all of this online. I have been coming back to this site over the past 3 years and you always continue to show me new things and educate for free. I have not yet purchased your training material however after seeing all the investors you help I have no doubt this info is gold. Plus I can’t imagine what you give to people who invest with you cause what you give away for free is solid and take action stuff.
I am helping my parents sell a rental and had a question about listing it. It is in a beautiful mobile home park on Lake Tarpon in Palm Harbor FL. This park is different in that you own the land and pay an HOA just like a regular neighborhood. HOA includes your trash, clubhouse, community pool, and use of boat dock. The land alone is approx 6,000 sq ft worth about $45K, and there is a small single wide on the property. Can this be listed under “land” AND under “mobile home” in the MLS?
How much money are you behind to the park if you don’t mind me asking? What asking price are you looking for for the home? The sq.footage includes however the.enclosed screen room that run the length on the backside of the trailer. There is a.rather.big front yard.along with side by side parking that is although detached from the unit but is.located four.feet.or.so.from the unit. On one side there is a.cement.slab approximately fifteen by fifteen or so with a shed located on it. Than of course there is the.back yard.the.screen room located on the back aide of the unit than there is the back yard maybe seven to eight feed deep all the way down the back of the unit.
You should of course be advertising and marketing the home during this time even if all the repairs are not yet done. I’m selling my mobile home and it is been on the market for about 5 months, finally I have two offers both of them are good but I don’t know which one to take. Hello I have been following your website for many months and finally we are at the point of actually having buyers looking at our home.
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