Before You Buy or Sell a Mobile Home...
Article
Buyers: Do not buy a used mobile home until you have:
- Learned the value of the mobile home.
- Been approved by the mobile home park where the home is located.
- Thoroughly checked the condition of the home as well as research the taxes and lot rental history.
Sellers: Do not sell your mobile home until you have:
- Learned how to value and price your mobile home.
- Taken steps to maximize the price and salability of the home.
- Considered the potential tax and financial benefits/consequences of selling for cash or with some type of owner financing terms.
By Frank Rolfe Frank Rolfe is a mobile home park investor and owns over 100 parks with his partner Dave Reynolds. Frank also leads regular Mobile Home Park Investing Bootcamps through the MobileHomeUniversity.com.