How much could we get for our mobile home? 14×70 3bed 2 bath?

3
kristinad21 asked:

We have a nice 1994 fleetwood (pretty sure that's what its called) mobile home. It has 3 bedrooms and 2 bathrooms. It's in a park so no land. We are just out growing it. We have 3 children and very little space. There are minor things that need done and we will do these things before we sell. We got a really good deal on it because the other owners just wanted to sell it fast. So we are hoping to make enough to pay it off and have a down payment for a bigger home. We have only lived here a little over a year. thanks for the help.
we live in the country. Lancaster county pennsylvania
it is a very nice park. We HAVE to keep up the yard and things like that. We got a loan just fine with our bank and didn't even need a down payment.

Sell By Owner

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Comments on How much could we get for our mobile home? 14×70 3bed 2 bath? Leave a Comment

October 7, 2009

House For Sale By Owner

Depends on where it is, the type of location it’s in and how much a buyer is willing to pay.

October 10, 2009

Sell Home Fast @ 5:40 am #

Buy Home Bad Credit

If you live in a park, good luck trying to get it sold…..Apparently the park has to agree to your buyer or the buyer will have to move the ‘home’
These homes tend to depreciate in value and you might find that for what you are paying plus lot rent, the home is not very attractive to potential buyers.

The reason that the owners wanted to sell it fast and gave you a good deal was that they realized that they did not have many options.
Look over your lot lease and see what the terms are for sure as the new owners might need to be approved.

Try taking a look at mobiles in your area for comps and last but not least, consider a real estate agent.

sell+home+fast @ 11:02 am #

Sell By Owner

MH homes in parks, especially single wides, are very tough to get financed. Lenders want a significant percentage down and the interest rates are much higher, making these loans unattractive to buyers.

How much can you get for it? Is the park desirable and in a nice area? If it is in an area of nice MHs, that will help. If the neighbors don’t keep their places up, that is going to hurt the value. There are MH value sites just like cars, just plug in the information, that will give you a ball park figure.

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