Author: Raden Payas

It is hot outside, and summer is undoubtedly in full force in the greater Sarasota, Florida, area.

With the heat cranking up, many mobile home Sellers will begin considering selling their mobile homes in order to move back north for the rest of the summer months.

These mobile home Sellers may consider holding off on selling their mobile home until the end of the summer in hopes of capturing the first group of snowbirds coming to the Sarasota, Florida, area looking for a second home.

But is waiting to sell your Sarasota, Florida, mobile home in the fall a better idea, or should you go ahead and sell your mobile home now in the summer?

Many Sellers look only want to sell their homes in the fall as they feel that the summer months are a slower time of year with fewer Buyers looking to buy mobile homes, we here at the Mobile Home Dealer can not disagree with this belief anymore.

Let us explain!

When looking to sell your Sarasota Florida area mobile home one needs always to consider two important attributes to each component:

• The Sales Price
• How The Mobile Home Is Marketed

Sales Price:

Most mobile home Sellers are looking for the same three things when purchasing a home. These Sellers want the home to be safe clean and affordable. When looking to sell your mobile home, regardless of what time of year it is, it is important to look at pricing your home as competitively as possible so that you are able to get the most eyes on it the fastest.

Marketing:

So many times we see sellers not know how to market their home correctly and, as such, are stuck holding on to their property longer than anticipated. Or, worse yet, they take a lower offer on their home than what they could have gotten simply because they are taking the first and, often, the only offer that comes in the door. The less marketing is done, the fewer offers will be presented.

Any time of year is a great time to look for and sell a mobile home in and around the greater Sarasota Florida area.

The reason for this is that folks are looking to move down to Florida all the time and are actively looking to purchase a safe, clean, and affordable home. This Buyer is not normally looking to buy only one or two times a year but, rather, year-round.

The key to selling your mobile home all year round is pricing it correctly and marketing it aggressively. Putting a For Sale sign in the front yard may get some calls, but it will rarely attract a qualified Buyer. 

Most snowbirds are looking for fun and are weighing their options between renting their current home and purchasing their own mobile home.

With this understanding, we at The Mobile Home Dealer, feel that selling your mobile home any time of the year is the best time and not to hold out and gamble on a snowbird buying your mobile home right when they arrive or right before they look to leave.

Deciding whether or not to put your mobile home for sale depends on several factors. First, it is important to analyze the sector’s situation; that is, whether it is an optimal moment objectively speaking or if, on the contrary, it is better to wait to see how the market evolves.

Regardless of the above, each owner must carefully analyze what their economic and vital needs are. However, as we have said, it is a good time to put a mobile home for sale.

As we have mentioned many times, the sales prices of mobile homes will continue to rise. Of course, within the limits considered normal, so, for now, experts discard a real estate bubble.

The main reason why it is a good time to sell a home all year round is that there is a great shortage of offers. Potential buyers are more willing to invest in a mobile home that interests them, always, as we say, within limits that are considered normal.

Florida is deemed a destination location for many, and mobile homes will sell very quickly year-round so long as they are priced right and marketed correctly.

If the Seller waits to hold off until summer’s end to try and sell their mobile home to a snowbird they will run the risk of selling with quite a bit more competition and this can certainly lead to their home being overlooked.

If you or someone you know is looking to sell their Sarasota, Florida, mobile home, you can always sell it at any time of the year. But before you do, make sure the home is priced right and marketed correctly so you get the most eyes on it in as little time as possible!

The Mobile Home Dealer are licensed mobile home brokers in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, please get in touch with us by clicking this link. You may also visit our Facebook Page and send us a message.

This is Mark Kaiser with The Mobile Home Dealer. We help mobile home Buyers and Sellers improve their lives.

See Also:

• What You NEED To Do To Protect Your Sarasota Florida Mobile Home In The Summer!
• Can You Buy A Mobile Home With Bad Credit?
• How You CAN Buy A Mobile Home Online!
• Who Are Mobile Home Park Managers?
• Will Sarasota Florida Mobile Homes Rise In Price?!

There is no questioning the fact that summer is here in full force within the greater Sarasota Florida area.

Temperatures are coming up each day, the sun is out later and many of the mobile home parks within the greater Sarasota Florida area are far less busy without the regular influx of snowbirds in the area.

Thinking of heading out for the remainder of the summer to try and beat the heat?

If so, here are 3 actions you need to take to keep your mobile home safe and secure while you are gone.

Action 1: Turn Off Your Mobile Home Water

Most mobile homes have a water shutoff valve that, with one lever pull, will turn off the water to the entire house. Usually, this valve is at the back of the home and has either a red or blue plastic lever. Pulling it up or down will turn on or off the water for the entire mobile home. The reason why we suggest you do this is that mobile home plumbing fixtures can wear out over time and cause leaks. What you do not want is to be away from your mobile home for weeks or months on end only to return to see a large amount of water damage to your home. We always suggest if you are going to be away from your mobile home for more than a week at a time always look to shut off the water so that you keep your home nice and try for your return.

Action 2: Seal Your Roof

It is no secret that in the Sunshine State, we get exactly that, tons of sunshine! Sealing your roof every few years with a clear rubber seal will help elongate the life of your mobile home roof. As we have covered several times on the Blog, a mobile home roof is one of the most expensive parts of your mobile home, and not paying attention to the regular upkeep and maintenance of the roof can lead to your mobile home roof creating cracks which eventually can lead to leaks in your roof. To avoid that and to get the most life out of your roof always look to seal your roof at least every two years.

Action 3 Keep Up With Pest Spraying

In the greater Sarasota, Florida area and all throughout the state termites are a major concern for all homeowners regardless of what type of home you own. Many times we see that homeowners will not keep up on their pest sprays while they are not living in the home for concern of paying for a service that they will not be able to enjoy. We can not stress how bad of an idea this is! Due to the flooring structure of a mobile home being wood, it is imperative all mobile homeowners keep up with their spraying services year-round regardless of if or when they will be away from their property.

If termite damage becomes severe enough, then a mobile home may have to go through the tinting process in order to deeply clean it, if you will, the home, for termites and termite damage.

As mentioned in a previous video blog here on the site, a tinting service can be so serious that the entire home needs to have all food, pets, and people, removed for several days in order for the entire process to be completed.

Add to all of this headache, is the cost of the tinting, which can run well over $2,000 for a double-wide mobile home tint job, from front to back. Many full tint jobs will need to be done not only on the home itself, but also on the carport, the support beams, and all storage areas both attached to the home and in the backyard.

It is a really serious process when it comes to termite application through the tinting process!

All of this may be avoided if the quarterly pest service includes termite treatment.

What we have learned is that when hiring a pest spraying service, make sure that the service professional goes forward and actually does the termite treatment each and every time they come to your house. This will cost more, but it can save you thousands and thousands of dollars in the future if it is not done. Not only that but also the headache.

One of the many great things about living in a mobile home within the greater Sarasota Florida area is the fact that all one has to do is lock the home up and go on your next adventure without worrying about who is cutting the grass or if the pool maintenance will be kept up while you are away as mobile home living is really a carefree way of life. The key, though, is to remember these basic points above so that when you return back to your mobile home you are not surprised by some very costly repairs, many of which can be avoided by having a simple check sheet to ensure your home is safe, dry and free of critters when you return from your travels!

The Mobile Home Dealer are licensed mobile home brokers in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, please get in touch with us by clicking this link. You may also visit our Facebook Page and send us a message.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• Can You Buy A Mobile Home With Bad Credit?
• How You CAN Buy A Mobile Home Online!
• Who Are Mobile Home Park Managers?
• Will Sarasota Florida Mobile Homes Rise In Price?!
• Will You See A Return On Upgrades To Your Sarasota Mobile Home?

With the increased prices in real estate running wild throughout the country, we are now starting to see the dramatic rise in mobile home prices throughout the Sarasota Florida area as well.

Financing a mobile home may be more difficult than ever before, as banks are becoming stricter on their loan requirements. Those looking to purchase a mobile home must now provide proof of a steady income, and the total amount of the loan must now be insured by a bank or other financial institution.

Additionally, buyers must also demonstrate that they have at least a 20% down payment set aside in order to secure the loan. This is proving to be a huge obstacle for many potential buyers as they attempt to break into the market and find their perfect mobile home. With the rising prices of real estate, it is becoming increasingly difficult to find an affordable mobile home that fits within a reasonable budget.

With the rise in mobile home prices starting to emerge in the Sarasota Florida region some Buyers are just now starting to get priced out of buying in this hot mobile home market.

We, here at The Mobile Home Dealer specialize in selling one product, mobile homes on leased land within mobile home parks.

When a Buyer buys a mobile that is located on leased land then, in the state of Florida, they are technically buying personal property and not real property as the Buyer does not own the land that their home sits on.

This type of purchase is viewed and taxed in the same way a vehicle is purchased in Florida.

The reason why this is important to note is that, when buying a mobile home on leased land, many traditional loan avenues are not available to the would-be Buyer.

Most traditional lenders will loan on a mobile home if the mobile home that is being sold includes the land that the home sits on. The reason for this is that the lender can then justify that they are lending on real estate and not personal property.

When potential Buyers look for lending opportunities lenders may be shy about lending on mobile homes that do not have the land attached as the lender tends to think that the home can be picked up and moved at any point in time to any location the Buyer wants to take this.

This is simply not true.

The reason for this is that within the state of Florida, a mobile home can only be permitted to be moved if the home is twenty years old or newer.

Most of the homes in the greater Sarasota Florida area are quite a bit older than this but the lender does not care, their rules are their rules.

So with many of the traditional funding routes dried up, how can a mobile home Buyer purchase a mobile home on leased land if they do not have the cash for the purchase?

The answer is simple, third-party financing companies.

Currently, there are around three different companies that will lend on mobile homes that reside on leased land throughout the United States.

Most of them will require a certain amount as a down payment and a home inspection to be completed.

In our experience, most of these lenders will look to lend on mobile homes that are the year model 1976 or newer.

While most mobile home purchases that are on leased land are cash purchases it is important to know that the Buyer may have financing options through these outside lending companies in order to still be able to purchase their new mobile home in the Sarasota Florida area.

There are also other options for buyers that don’t have cash like chattel and personal loans.

The Federal Housing Administration also offers mobile home loans through its mobile home loan program. This includes Title I and Title II loans.

A Title I loan can be used to finance the purchase of a new or used mobile home or refinance a mobile home purchase. Lenders can offer Title 1 mobile home loans even if the mobile home sits on a rented lot. There is, however, a maximum loanable amount of $69,678 for mobile homes only without the lot, and $92,904 for mobile homes with the lot.

Title II loans are applicable only for mobile homes with the lot, have a minimum floor area of 400 square feet, and the house must be constructed after June 15, 1976.

Although there are available loan programs for mobile home buyers, having said that, financing a mobile home has limited options than traditional homes. It is therefore recommended that being financially prepared is always the best thing to do before deciding to buy a mobile home. Many mobile home buyers prepare two to three years prior to buying a mobile home. This means that they are doing their best to save money within these years before they move forward to purchase their new home. They may not save enough money to pay the full cost of the mobile home but at least they have money for a bigger downpayment. Others also take private personal loans like borrowing from friends, family members, and relatives.

While we at The Mobile Home Dealer, are not loan brokers or any type of financing experts, we do suggest Buyers look at this route should their cash budget not work in the rising mobile home buying market.

The Mobile Home Dealer are licensed mobile home broker in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, don’t hesitate to get in touch with us by clicking this link. You may also visit our Facebook Page and send us a message.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• What Are The Hidden Costs Of Buying A Sarasota Florida Mobile Home?
• Ready To Sell Your Sarasota Mobile Home? Don’t Forget Your Title!
• Sarasota Florida Snow Birds Are Leaving-Should You Sell Your Mobile Home?
• How Do Mobile Homes In Sarasota Florida Get Lending?
• Sarasota Florida Mobile Home Investor Alert #1

With the excitement high for mobile home Buyers anytime they find a property they are ready to make an offer on it is important to understand what are the total fees one has to be ready to spend in order to close on their new Sarasota Florida mobile home.

We all know how easy it can be to secure a reliable mobile or manufactured home in a leased-land community. However, a challenge arises when it comes to paying for the different mobile home expenses.

These expenses may include the monthly rent, utilities, and moving expenses. For those who have a mobile or manufactured home on private property, property taxes, and mortgage loan payments are always what needs to be paid for. Luckily, there are certain mobile home parks where the landlord or property manager takes care of some expenses.

Generally, your life in a mobile home park will be smooth if you pay your lot rent on time and adhere to the rules and regulations of the park that are found in the park prospectus.. Failure to do so, however, puts you at risk of facing eviction from the community. But do you know that there are some hidden fees that a mobile homeowner must pay? We will explain in this article so keep reading.

When buying a mobile home on leased land in Florida the home is viewed and taxed as personal property and not real property.

What this means is that the mobile home is viewed and taxed the same way an automobile is in the state of Florida as mobile homes on leased land have titles with their owners and not deeds.

When moving forward with the purchase of a mobile home on leased land in Florida one does not pay property taxes on their purchase.

The reason for this is that the mobile home owner does not technically own the land as they are paying the mobile home park a fee each month for the usage and upkeep of the property. This fee is called lot rent.

When the mobile home owner does not have ownership of the land then they will not be paying property taxes but they will be paying registration fees annually for their mobile home.

Registration fees vary by the size of the home, both the length and the width, and how long the registration will be renewed.

If this sounds like the same idea as registering the license plate on your automobile then you are correct as it is, literally, the exact same sticker!

When purchasing a mobile home on leased land the Buyer will need to pay the title and the registration on the home. At the time of this writing, the title will cost $78.25 PER SIDE of the mobile home. What this means is that if you are buying a doublewide mobile home then you will need to pay $78.25 twice as each side of the mobile home needs to be titled with the state of Florida.

Registration will also need to be paid per side and will vary quite a bit based on the length of the home. It would be reasonable to expect to pay around $50 per side for the registration of the mobile home.

When buying a mobile home on leased land in Florida the Buyer will also need to pay for the sales tax on the purchase price of the entire home.

At the time of this writing, sales tax will cost 6% of the purchase price of the property.

The last cost is if the broker you are using charges any type of closing fee as this will also need to be paid at the closing table.

Closing fees can vary quite a bit so make sure you check with the broker to see what theirs is and what it includes.

The location of a mobile home park also helps determine the monthly rent. For instance, mobile home parks closer to social amenities charge higher rent for their mobile homes. The same applies to mobile homes closer to cities.

You will pay less rent if you select a mobile home park in a rural area. However, note that it will mean less access to social amenities. 

The age of the mobile home is another thing to consider when analyzing your budget. The truth is that modern manufactured homes are designed with quality and modern features. For instance, nowadays you will find energy-efficient appliances, walk-in closets, and exciting floor plans (learn how to make a mobile home more energy-efficient here).

“In fact, current manufactured homes are designed just like traditional homes.  This means landlords spend more to purchase these manufactured homes, thus translating into a high monthly rent.

Update: “Avoid new manufactured homes if you want to purchase a property at a lower cost.” 

When looking to buy a mobile home on leased land within the greater Sarasota Florida area it is important to know what the total cost will be for the purchase so that you, as the Buyer, can coordinate your finances to the best of your ability in order to make the best decision you can on your offer.

The Mobile Home Dealer are licensed mobile home brokers in Sarasota Florida and the surrounding areas. We provide professional buy-and-sell assistance to our clients. If you have any questions, please get in touch with us by clicking this link. You may also visit our Facebook Page and send us a message

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• Ready To Sell Your Sarasota Mobile Home? Don’t Forget Your Title!
• Sarasota Florida Snow Birds Are Leaving-Should You Sell Your Mobile Home?
• How Do Mobile Homes In Sarasota Florida Get Lending?
• Sarasota Florida Mobile Home Investor Alert #1
• Why Do Sarasota Mobile Home Parks Charge An Application Fee?

The sunny Sarasota Florida weather is starting to say goodbye to the winter snowbirds who have begun packing up and heading North for the summer.

By the time the early part of May is here all of the snowbirds will have enjoyed their winter memories and will be enjoying the warmer months back home, waiting patiently until another snowbird season is among us.

With this time of year should you look to sell your Sarasota Florida mobile home to one of these snowbirds right before they look to leave to move back home for the summer?

With all the focus on the high real estate market everywhere throughout the country, one must think, when is the best time to sell your mobile home on leased land?

Is there a better or worse time of year to sell your mobile home when your home is located within a mobile home park?

Should you wait and sell the home until all the other homes in the community are sold, so that you are the only one for sale in that exact mobile home park?

Will selling your mobile home during the time of year when more snowbirds are in the area be a better time to sell your property for more money? Or when they are leaving?

This is a question that can be asked the opposite way too, should you look to sell your Sarasota Florida mobile home in the Fall before the snowbirds arrive for the snowbird season?

While both questions could be looked at in detail we, here at The Mobile Home Dealer, do not believe that there is a right time or a wrong time to sell your mobile home so long as your home is priced right and marketed correctly.

Let us explain.

If the Seller of a Sarasota mobile home looks to sell their mobile home to a snowbird at the start of the snowbird season then they are betting on the fact that the snowbird is going to be coming down to the greater Sarasota area without lodging in place as the Buyer will more than likely want to move into their new property right away.

If the Seller of a Sarasota mobile home is looking to sell their mobile home to a snowbird at the end of the snowbird season then they are betting on the fact that the snowbird is going to spend a chunk of money right before they head back to their out of state primary residence before they head home.

Either bet is exactly that, a gamble that we feel does not need to be taken.

Mobile homes on leased land in the Sarasota Florida area are one of the last affordable housing options for those who are looking to call the Sunshine State either their winter retreat or their full-time residence.

When looking to sell your Sarasota mobile home we feel that the best time of the year to sell is twelve months a year!

The reason for this is that folks are looking to move down to Florida all the time and are actively looking to purchase a safe, clean, and affordable home. This Buyer is not normally looking to buy only one or two times a year but, rather, year-round.

The key to getting one mobile home sold all year round is to have the home priced correctly and marketed like crazy. Putting a For Sale sign in the front yard may get some calls but rarely will it provide a qualified Buyer. Most snowbirds are looking for fun and are weighing their options between the current home they are renting and actually moving forward with the purchase of their own mobile home.

With this understanding, we at The Mobile Home Dealer, feel that selling your mobile home any time of the year is the best time and not to hold out and gamble on a snowbird buying your mobile home right when they arrive or right before they look to leave.

Deciding whether or not to put your mobile home for sale depends on several factors. In the first place, it is important to analyze in what situation is the sector; That is, if it is an optimal moment objectively speaking or if, on the contrary, it is better to wait to see how the market evolves.

Regardless of the above, each owner must carefully analyze what their economic and vital needs are. However, as we have said, it is a good time to put a mobile home for sale.

As we have mentioned many times, the sales prices of mobile homes will continue to rise. Of course, within the limits considered normal, so, for now, experts discard a real estate bubble.

The main reason why it is a good time to sell a home all year round is that there is a great shortage of offers.  To this, we must add that potential buyers are more willing to invest in a mobile home that interests them, always, as we say, within limits that are considered normal.

The Mobile Home Dealer are licensed mobile home brokers in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, don’t hesitate to get in touch with us by clicking this link. You may also visit our Facebook Page and send us a message.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• How Do Mobile Homes In Sarasota Florida Get Lending?
• Sarasota Florida Mobile Home Investor Alert #1
• Why Do Sarasota Mobile Home Parks Charge An Application Fee?
• Sarasota Florida Mobile Home Park Residency Restrictions Explained!
• Here Are 3 Things A Sarasota Florida Mobile Home Buyer Is Looking For!

Have you decided to take the plunge and purchase our new mobile home within the greater Sarasota Florida area?

If so, then great!

About 7% of the American population has acquired this type of housing since one of the great advantages when acquiring a mobile home, is cost reduction (you can save up to 40% of a normal home).  Of course, the price depends on the size, if it is: single, double-wide, or triple-wide, and what you can afford to pay.

Before you move any further ahead we, at The Mobile Home Dealer, would suggest you are knowledgeable about how the mobile home that you are planning on purchasing will be paid for.

Sounds silly, we know, but many times Sarasota Florida mobile home Buyers are not aware of the ways mobile homes on leased land can be purchased.

Mobile homes that are located within mobile home parks in and around the Sarasota Florida area are viewed as and taxed as personal property and not real property. What that means is that the mobile home you may be looking at could very well follow the same purchase process as a vehicle and not a traditional stick-and-brick home.

In Florida, since the mobile home is on leased land and viewed as personal property many traditional financing options will not be available to the Buyer.

The reason is that many traditional lenders will only lend on a mobile home in the Sarasota Florida area if the land is included in the purchase, if not then more than likely they will not approve the loan.

Lenders usually want to see the land included in the purchase price and not on leased land because, whether accurate or not, they tend to believe that if you default on the loan then you could trailer up your home and hit the road leaving the lender with no way to obtain anything back from the money they lent you on the mobile home.

To further complicate this belief, in Florida, mobile homes need to be 20 years old or newer to legally obtain a transportation permit. This means that if the home you are buying is older than 20 years old it can not be legally moved from where it is currently sitting making the concerns the lender has that much more obsolete.

Regardless of these facts, nearly all traditional lenders will not lend on a mobile home when it is located on leased land.

Currently, there are a handful of larger third-party lenders that will lend on a mobile home when it is located in a mobile home park on leased land. These lenders are referred to as third-party lenders.

Third-party lenders have different credit score requirements, down payments, and loan terms than traditional loans do and vary quite a bit from each third-party lender.

Another way to look at getting a mobile home on leased land financed is through seller financing. This is the method used when the Seller of the mobile home acts as the bank and loans the amount owed on the home to the Buyer themselves. When considering this option always look to make sure you understand the full loan limits that the Seller is willing to lay out so that there is no confusion as to what is owed to who and when the payments are due.

Of course, seller financing has its advantages and disadvantages both the seller and the buyer must understand.

The pros and cons of seller financing that both the seller and the buyer need to understand:

Pros for Buyers

• Faster closing. No processing and waiting for the bank’s loan officer.
• Flexible downpayment. No government or bank-required minimums.
• Alternative for buyers who can’t get bank financing. A better option for buyers who can’t secure a mortgage.

Cons for Buyers

• Higher interest than the bank. Depending on how you negotiate with the seller, the interest can be higher than the bank.
• Due-on-sale clause. If the mobile home is mortgaged, the bank of the lender can demand immediate payment from the owner/seller. To avoid this problem, make sure that the mobile home is not a mortgage and that the seller doesn’t owe anything from the lender involving the mobile home. Also, make sure that the mobile home is not used as collateral.
• Balloon payments: With many owner-financing arrangements, a large balloon payment becomes due after five or 10 years. If you can’t secure financing by then, you could lose all the money you’ve paid so far—plus the house.

Pros for the Sellers

• Can sell “as-is”. The seller can sell the mobile home right away without spending on repairs.
• Good investment. Potential to earn better rates than investing your money somewhere else.
• Lump-sum option: The promissory note can be sold to an investor, providing a lump-sum payment right away.
• Retain title: If the buyer defaults, then you keep the down payment, any money that was paid—and the house.
• Sell faster: Potential to sell and close faster since buyers avoid the mortgage process.

Cons for the Seller

• Dodd-Frank Act: Under the Dodd-Frank Wall Street Reform and Consumer Protection Act, new rules were applied to owner financing. Balloon payments may not be an option, and you might need to involve a mortgage loan originator, depending on the number of properties that the seller finances under owner-financing deals each year.
• Buyer Default: The buyer could stop making payments at any time. If this happens and they don’t just walk away, then you could end up going through the foreclosure process.
• Repair cost: If you do take back the property (for whatever reason), then you might end up having to pay for repairs and maintenance, depending on how well the buyer took care of the property.

Seller financing has been around for years, and we do not see it going away anytime soon as it is usually the only surefire way to obtain financing for a mobile home on leased land.

When looking at buying a mobile home on leased land in the greater Sarasota Florida area cash purchases are the most common method of payment but if you are in the market for financing be sure to understand exactly what options there are and how they can be utilized.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• Sarasota Florida Mobile Home Investor Alert #1
• Why Do Sarasota Mobile Home Parks Charge An Application Fee?
• Sarasota Florida Mobile Home Park Residency Restrictions Explained!
• Here Are 3 Things A Sarasota Florida Mobile Home Buyer Is Looking For!
• What Brings A Sarasota Florida Mobile Home Seller The Most Money?

Are you thinking about renting out your Sarasota Florida mobile home? If so, there are a few things you need to know before doing so.

First, you will need to make sure that your home is in good condition and up to code. This means making any necessary repairs and ensuring that it meets all local building ordinances.

Next, you will need to find a qualified tenant who is willing to sign a lease agreement. Once you have found a tenant, you will need to collect rent each month and provide basic upkeep for the home.

Finally, you will need to stay up-to-date on local laws and regulations regarding mobile home rentals. By following these steps, you can ensure that your experience renting out your Sarasota Florida mobile home is positive and successful

The weather is starting to warm up here in the greater Sarasota Florida area, before you know it the dog days of summer will be here when everyone is looking for a cool place to be during the hot hours of the summer afternoon.

With the change in weather, we also see a large change in the population of the Sarasota Florida mobile home market, mainly, fewer snowbirds are around right now and by this time next month, we expect to see only us “locals” around enduring the hot months here in Sarasota.

If you are a seasonal Sarasota Florida mobile home resident you may want to look at renting your mobile home to help offset your costs for the remaining months of the year until the time comes for you to make your voyage back down south.

While renting your mobile home may be a great option to help bring down the carrying costs of your mobile home it is certainly worth mentioning the main factors needing to be reviewed and fully understood prior to putting a For Rent sign in your Sarasota Florida mobile window.

1. Make Sure The Mobile Home Park Allows Rentals

Many mobile home parks in and around the Sarasota Florida area do allow some type of rentals, but not all. What we are seeing more and more here at The Mobile Home Dealer, is that the parks that do allow rentals require the renters to stay at the home for a minimum of three to four months at a time.

Always make sure you understand what the time length requirements are for renting to stay compliant with what the mobile home park will allow.

2. Does The Mobile Home Park Require All Renters To Be Park Approved?

When buying a mobile home in a land-leased mobile home park within the greater Sarasota Florida area it is required that the Buyer get approved by the park prior to going through with the home purchase. However, does the park mobile home park that your mobile home resides in require the same for renters?

Always make sure you understand and are compliant with what the mobile home park requires of the renter prior to putting your home up for rent.

3. Who Will Be Contacted If There Is An Issue With Your Mobile Home When Being Rented?

It is no secret that all rental properties will have things wear out and break, that is part of life.

Mobile homes certainly are not exempt from this issue either.

With this understood and with many times the owner of the mobile home living hundreds, if not thousands, of miles away, how will the issues be handled? Does the owner have a property management company who will come fix the sink if there is a leak or will there be someone around in the mobile home park who can come check on the property every few days?

Always make sure you know how issues will be handled with your mobile home prior to having a renter sign a lease.

Mobile home living is one of the most affordable options in the marketplace today. Being able to rent your mobile home out for a few months each year will even further bring down the carrying cost of the property you own.

If you are just planning to buy a mobile home in Sarasota Florida and aim to use it during the winter season, it’s better to choose a park that allows renting. Renting out can surely cut down your mobile home expenses, especially the lot rent but that are also some risks involved. 

We heard it many times. Tenants are abusing the house, leaving without paying, etc. This happens many times in rented houses while the owner is away. This can happen too in a rented mobile home.

It is always advisable to check the renter’s background including criminal records. It should be a mutual agreement and if the renter rejects the idea then they are not qualified.

Renting out your house carries a myriad of risks so it is always better to be fully aware of what’s coming and be prepared. 

Make sure,  you as the mobile home owner, understand how the park works with renters and how you as the owner will handle potential issues will help you make an informed and profitable decision when looking to rent your Sarasota Florida mobile home.

Lastly, it is better not to rent out your mobile home if there are a number of things that need to be repaired as these could only result in a headache for both you and the renter.

We have other articles and videos that are useful for everyone who wants to sell or buy their mobile homes here on our website. The more knowledge we have about dealing with mobile homes, the fewer problems we may encounter. If you have questions and need assistance, you can always contact us through this website, or visit our Facebook Page.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• Why Most Sarasota Florida Mobile Homes Are Not “Mobile”!
• Why Are Fences Not Allowed In Sarasota Florida Mobile Home Parks?
• Why You Do Not Need To Attend Your Sarasota Florida Mobile Home Closing!
• 3 Reasons Why Sarasota Florida Mobile Home Lot Rent May Go Up Each Year!
• What Are Land Owned Mobile Home Parks In Sarasota Florida?

When traveling throughout mobile home parks within the greater Sarasota Florida area have you ever wondered where are all the fences that separate the property lines from one to another?

Seems like the landscape is missing something, doesn’t it?!

You have lived in a mobile home for a while now, and you have enjoyed living in a mobile home park more than you ever thought you would. Now, you’ve saved up a bit of extra money, and you’d like to put up a fence around your mobile home both to enhance the look and to give your family more privacy. However, you don’t know where to start.

You don’t even know if you are allowed to put up a fence in a mobile home park. What type of fence would you put up if you were allowed to? What other ways can I create privacy around my mobile home? 

When buying a mobile home on leased land within the greater Sarasota Florida area one has to remember that when paying lot rent the owner of the home, technically, does not own the land the home resides on. The reason for this is that the person owning the home owns the personal property, just like a vehicle, and not traditional real estate.

When buying a mobile home on leased land in the greater Sarasota Florida area the Buyer is paying the park for the maintenance and upkeep of the land the home is on through a payment referred to as lot rent.

Lot rent will be paid each month to the mobile home park and will cover several monthly fees. Most common are the fees associated with water, sewer, trash, lawn care, and the usage and upkeep of the mobile home park amenities such as the pool and walking trails.

When the lawn care is covered this means that each week the mobile home park will have a landscaping company come out and cut, blow, mulch, and edge all the grass in the mobile home community. This landscape work does not just include the large common areas but also the areas in and around each and every mobile home within the mobile home park.

Many times these landscaping crews will run large zero-turn lawn mowers in an effort to speed up the process of lawn mowing because they have so much space to cover in such a small time frame.

When the lawnmowers are moving at the speed at which they are moving then the construction of fences will not be efficient due to how the landscapers cut the grass as additional fences would lead to the additional time needed to cut in and around each individual fence.

Since the mobile home park pays the landscaping company to mow the lawns of the residents they want to make sure the fee is reasonable enough so that they do not have to raise the lot rent any more than they have to in order to pay for this expense.

A shorter amount of time equals a lower landscaping bill.

What if you have pets?

Even if you live in a pet-friendly community, it is a good practice to keep your dog or cat restrained and safe. Most manufactured homes do not have standard fences between lots and this can become problematic if your pet develops a habit of checking on your neighbor. Leash training is a must for pets since it keeps them calm and relaxed around other people. Keeping pets leashed also prevents them from escaping or losing their way home.

Whether you can put up a fence in a mobile home park is based upon the zoning laws in the city or county where you live and whether the landlord gives you permission to build it. If local zoning laws don’t allow it, you can’t purchase a permit to construct a fence.

Mobile Home Privacy Ideas

There are other ways to get some privacy in and around your mobile home. You just have to be creative. Here are two of the most common privacy ideas. 

Retractable Backyard Screen

A retractable backyard screen is one way to keep sneaky eyes from getting into your business. They are available online at Amazon or at home improvement stores both online and at brick-and-mortar stores. They will, however, need to be anchored to concrete with concrete fasteners or to wood subfloors, like those in a patio or deck.

Backyard Trellis With Curtains or Blinds

You can also build or have built a trellis over the exit of your mobile home into the backyard and hang curtains or blinds. This is a wonderful idea because it has an elegant look to it. If your mobile home is white and blue, you can have a white trellis and hang blue curtains or have a blue trellis and hang wicker blinds. If you go with curtains, but it’s windy where you live, you can hang another curtain rod at the bottom from post to post and run the bottom of the curtain through it to keep your curtains in place.

When looking at buying a mobile home on leased land in Sarasota Florida be conscious of the fact that most mobile home parks will not allow fences in any way shape or form due to the way the lawn is mowed. As long as you, the Buyer, know this on the front end then you will be well on your way to enjoying the nicely cut yard that your mobile home resides on!

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• Why You Do Not Need To Attend Your Sarasota Florida Mobile Home Closing!
• 3 Reasons Why Sarasota Florida Mobile Home Lot Rent May Go Up Each Year!
• What Are Land Owned Mobile Home Parks In Sarasota Florida?
• Is It Possible To Finance A Sarasota Florida Mobile Home?
• Should You Sell Your Sarasota Mobile Home During Snow Bird Season?

Homeowners in different Saratosa Florida mobile home parks may see lot rental increases each year due to a myriad of reasons that we are going to discuss in this article. One reason is that the cost of living in general goes up each year, and this affects the cost of rent as well. Another reason is that the property taxes on the mobile home park may go up, and the park owner may pass this increase on to the tenants in the form of higher rent. Finally, insurance rates may go up, and again, the park owner may pass this increase on to tenants in the form of higher rent.

Once you move into your Sarasota Florida mobile home, located on leased land, one may wonder how long the lot rent will stay the way it is.

How soon will the lot rent go up and how much?

Also, why will lot rent increase in the very first place, isn’t the lot rent already high enough to begin with?

All of these questions are ones that the traditional mobile home Buyer thinks about when purchasing a mobile home on leased land within the Sarasota Florida area.

Today, we here at The Mobile Home Dealer will attempt to provide three reasons why Sarasota Florida mobile home lot rent may in fact increase each year.

Reason 1: Rising Costs Of Service Providers

Most mobile homes on leased land will have lawn care provided within the monthly lot rent. This may include lawn mowing around each mobile home in the mobile home park, upkeep of all the green space in the common areas, and additional maintenance of trees and flowers throughout the mobile home park.

It is reasonable to expect that each year the laborers and the tools they use for this work will increase. As such, the mobile home will need to pay these higher rates by the companies they contract for the labor to be accomplished. Increased rates passed on to the park will lead to increased lot rent amounts for the residents.

Reason 2: Inflation

Whether we like it or not, inflation is a part of society. Simply put, inflation is the rising costs of goods and services that further devalue the country’s currency. This can be attributed to external factors such as the economy or global trade issues but, for this situation, we will just state that inflation increases yearly by around 3% nationwide.

With this understood, expect to pay around 3% higher for lot rent each year.

Reason 3: Park Improvements

One of the perks of owning a mobile home on leased land is the fact that, essentially, the park takes care of just about everything in the park other than the upkeep and maintenance of your individual property.

These updates may include the streets in the park, clubhouse, pool, fitness center, and green spaces.

With additional updates such as putting in a new pool or adding a bark park for the community residents to use, someone has to pay for these items.

Anytime a park adds a large public use structure to the community expect your lot rent to increase to pay for it.

Lot rent on a mobile home is a reoccurring fee that will be paid by the resident to the mobile home park forever, it is not a payment that will go away.

The nice part about this is that you, as a Sarasota Florida mobile home park resident, have very little to do regarding maintenance and upkeep of the park, the public areas, amenities, or in many cases even your lawn!

The bad part is that this payment will never pay off, and, as described above, will go up gradually over time.

There are a few reasons why lot rent costs will increase each year: Inflation- As the cost of living and running a business goes up, so does the price of lot rent. Supply and Demand- If there is more demand for lots in a park than there are available spots, the price of rent will go up. Location- If a park is located in a desirable area, the price of rent will be higher than a park in a less desirable location. Amenities- A park with more amenities (pool, clubhouse, etc.) will charge more for rent than a park with fewer amenities.

Park owners also protect their businesses as a small mistake could lead to financial loss. Of course, running a mobile home park is no joke. Owners and their employees need to make their living as well. 

But don’t let this “unfavorable news” discourage you. Mobile home lot rentals all over the US are increasing too with California being the most expensive State for mobile home parks. You are not alone and, if you are living in a mobile home in Sarasota now, your situation is not as bad as those living on the West Coast. 

Additionally, there are other ways to mitigate your financial burdens when the lot rent increases. There are always ways to save money and if you are worried, try to take a look at the following tips. If you are already living on a tight budget and are afraid of the upcoming lot rent increase, read these useful money management tips.

• Cut meaningless expenses and stop browsing online shopping sites looking for interesting buys.
• Make a list of your daily expenses and see if you can squeeze it by removing the less important expenses.
• Sell out things that you’re not going to use.
• Cook instead of dining out. 
• Buy foods from farmers’ markets and not from big grocery stores.

Overall, it is important to understand what lot rent is and how the rising costs will affect you and your budget as you continue to live in a land-leased mobile home park around the Sarasota Florida area.

This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.

See Also:

• What Are Land-Owned Mobile Home Parks In Sarasota Florida?
• Is It Possible To Finance A Sarasota Florida Mobile Home?
• Should You Sell Your Sarasota Mobile Home During Snow Bird Season?
• Has Covid-19 Affected Sarasota Mobile Home Sales?
• Why Buying A Sarasota Mobile Home During Covid-19 Is A Great Idea!