Tag: 55 plus mobile home communities in sarasota

  • Why Increasing Your Sarasota Mobile Home Price Brings Down Available Buyers!

    Why Increasing Your Sarasota Mobile Home Price Brings Down Available Buyers? It is time to sell your mobile home in the greater Sarasota, Florida, area.

    While this may be met with some sadness, it can also be met with some excitement for the next chapter of your life and what it will bring you!

    We should price the home very high and then come down because we can always lower the price, but not up, right?

    This is a common idea. Sellers come to me all the time and tell me that this is their plan: to price their home high in hopes that they will hit a home run with this price, but they are willing to come down later.

    Every time I hear this idea, I oppose it because I do not think this is a good plan for selling a mobile home quickly.

    The reason why is that most mobile home Buyers are looking for an affordable home.

    As we can all agree, the term affordable can mean different amounts of money to different people. What may be affordable to one person may not be affordable to the other.

    One thing is for sure, though, the lower you price your home, the more people will find that price affordable.

    Sarasota Mobile Home
    Sarasota Mobile Home
    Florida mobile home

    With that thought in mind, I always suggest starting the pricing of your mobile home as competitively as possible to attract the most attention to your property as quickly as possible.

    Before putting a price tag on your mobile home or, better yet, working with a licensed mobile home broker such as The Mobile Home Dealer for guidance in pricing your home, one needs to understand the pros and cons of the price you put on your mobile home.

    How are there pros and cons of pricing a mobile home, isn’t the higher the price the better?

    While this may be true, in some instances, we here at The Mobile Home Dealer continue to see that this thought can backfire quite a bit on the Seller.

    Let us explain.

    Mobile homes that are located on leased land in the state of Florida are viewed as and taxed as personal property, not real property.

    What this means is that a mobile home that is located within a land-leased mobile home park is sold the exact same way a vehicle is in the state of Florida.

    While some lending agencies will lend on these types of homes, most traditional lending agencies will not, and as such, buyers have only a few options for seeking financing.

    With the higher and higher prices of single-family real estate and the continued low interest rates offered for traditional mortgages, the need for affordable housing is at an all-time high throughout the Sarasota Florida area.

    Single-family homes, also more commonly known as real estate, have the ability to have any traditional lending agency provide financing should it need to be used to fund a property.

    Since traditional homes have more lending options and less cash required, comparing financing between the two is hardly a fair comparison.

    Most mobile homes on leased land are purchased with cash, not financing.

    With the rise in mobile home prices one needs to ask if the Seller is looking to increase the price of their mobile home exponentially further pushing out the availability of cash Buyers while at the same time, financing is limited, is this really a good idea?

    Here is an example:

    The buyer has $40,000 for their new mobile home in Sarasota, Florida.

    The mobile home is worth $40,000 but the Seller is caught up in the real estate craze and charges $80,000 for their mobile home.

    The buyer can’t obtain financing because the home is too old for lender requirements and he doesn’t have an additional $40,000 in cash to purchase it.

    Buyer purchase inflated-priced single-family homes, use $40,000 as a down payment for a home, gets traditional financing at record-low interest rates and their entire mortgage is less than the lot rent of the mobile home park.

    Sarasota Mobile Home Price
    Mobile home park

    The seller is stuck paying lot rent with a home that may not be able to finance.

    Although this may sound like a far-fetched idea, we here at The Mobile Home Dealer have seen this happen time and time again throughout the first quarter of the year and don’t see it changing anytime soon.

    When looking to sell your Sarasota, Florida mobile home, we always suggest pricing your home aggressively in order to bring you the best cash offers as quickly as possible. Getting caught up in the inflated pricing of a mobile home could lead to the Seller holding on to it for several months with the added stress of continuing to pay for a mobile home they do not want.

    Increasing the price of your mobile home will usually result in your home sitting on the market longer while the Seller continues to pay lot rent, utilities, taxes, and all other carrying costs associated with owning that property. These continued monthly payments will eat into your profit even if you sell the home for a higher price.

    Lastly, when you’ve decided to sell your mobile home, there are a few key things you need to do in order to get the best price possible. First, it’s important to clean and declutter your home. This will make it more appealing to potential buyers and help them visualize themselves living there. Next, you must take care of any necessary repairs or updates. This will help ensure that your home is in good condition and won’t require any immediate work from the new owner. Finally, you’ll need to stage your home for showings. This means creating a warm and inviting space in which potential buyers can picture themselves living. By following these tips, you can sell your mobile home quickly and for top dollar.

    We at The Mobile Home Dealer feel it is always best to price your home aggressively from the start and be willing to negotiate with the Buyer when they want to make an offer.

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

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  • Here Are 3 Things A Sarasota Florida Mobile Home Buyer Is Looking For!

    As with anything one is trying to sell, it is always essential to ensure you, as the Seller, are providing exactly what your potential Buyer is looking for. The lack of complete information from the seller sometimes creates problems that may not be easy to resolve during the selling process. It is always essential for the seller to provide all necessary information to avoid any unexpected hurdles.

    This theory holds whether you want to sell a car, a pair of sneakers, or your mobile home.

    If you are not providing what Buyers in the market are looking for, then it would be reasonable to think that you may be holding on to your mobile home for much longer than you initially expected.

    With this general principle understood, the basic question of what exactly a Sarasota, Florida mobile home Buyer is looking for needs to be answered.

    mobile home buyer
    Mobile Home in Nokomis Florida

    We, here at The Mobile Home Dealer, have broken down the three main features a mobile home Buyer is looking for when considering purchasing their next home in the greater Sarasota, Florida, area below to help educate all of the would-be Sellers on exactly how to position their mobile home for a fast sale.

    1. The Home Needs To Be Safe

    This can often be taken in several different directions depending on who the Buyer and the Seller are.

    For this example, we will stress that the home needs to be safe for the new Buyer to purchase and begin working on it or living in it right after closing.

    If the Buyer is looking to move into the home and start living within the property right after purchasing the mobile home, then the Seller should make sure that the roof is in good condition, free of leaks, the floors are solid, the electric works and the plumbing is functional.

    The main thing here is to make sure that there are no exposed wires that could harm the new Buyer or issues with the floor that, if stepped on, could cause the Buyer to fall and injure themselves.

    Having a house with a broken window and leaving it with the buyer to repair can turn many buyers away, especially if the buyer is looking to move into the house immediately.

    Pro Tip:

    If you were to send a family member into your home without telling them anything, would they injure themselves while trying to move around the home like normal? If the answer is yes, look to repair whatever the problem is ASAP!

    2. The Home Needs To Be Clean

    Beauty is in the eye of the beholder and is a standard one-liner we are all familiar with; sadly, so is dirtiness!

    Make sure you have your belongings cleared up and the home is in presentable condition when you are looking to sell it. By this, we do not mean you have to have it totally showroom ready, but if there are unpleasant odors, noticeable stains, or an overly messy home, make sure you do your best to get this cleaned up as soon as you can before the home is put up for sale.

    Cleaning should not be limited internally. You don’t want the buyer to see overgrown greens touching the house either.

    Pro Tip:

    If you are a smoker or have pets, your home has odors. Make sure you air the home out constantly and move your smoking and pets outside as much as possible.

    3. The Home Needs To Be Affordable

    With rising real estate prices, it is easy to think that if you are selling a mobile home on leased land in the Sarasota, Florida, area, you could easily charge an overly inflated price in order to sell your home.

    Make sure you are selling your mobile home at a fair market value. If you are asking for a higher price, make sure that the buyer has the option to negotiate.

    Sarasota mobile home
    Sarasota mobile home

    While we at The Mobile Home Dealer want all Sellers to get the most for their homes at the time of sale, we also fully understand that if a home is priced too high, regardless of its location, time of year, or upgrades, it will sit.

    Pro Tip:

    Like everything else in the economy, the mobile home market is driven by supply and demand. However, there is a ceiling to the price of a mobile home that Buyers will simply not pay. If you are confused about this amount, you may want to seek out a professional in the space who can help you accurately price your home at a reasonable asking price.

    When looking to sell your Sarasota, Florida, mobile home, always look to bring the Buyer what they want, as they are your customer during the transaction of selling your home.

    Avoiding these top three attributes of what a mobile home Buyer is looking for when purchasing their new home could very well lead to an elongated sales process where you cannot sell your property!

    We highly recommend seeking professional assistance to avoid future headaches from issues such as the cost of selling, agent commissions, documents, and other extras. 

    We have other videos and articles discussing “how not to sell your house,” and I recommend watching and reading them. Knowing this stuff could not only prepare you for selling your mobile home but can also lead to fast and flawless transactions.

    This is Mark Kaiser with The Mobile Home Dealer, who helps mobile home buyers and sellers get to a better place in life.

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  • 3 Things Every Sarasota Florida Mobile Home Buyer Wants!

    When looking to sell your Sarasota Florida mobile home it is important to know what your Buyer wants and how they are going to evaluate your property.

    Many times, we see that mobile home Sellers throughout the greater Sarasota Florida area tend to be so focused on the fact that they have what everyone wants, that being a mobile home on leased land in one of the most beautiful places in the United States.

    Sarasota Florida mobile home
    Sarasota Florida mobile home

    As much as we agree with this belief, we must look at the mobile home sales process through the lens of a traditional mobile home Buyer and how they evaluate purchasing their piece of paradise in the Sunshine State.

    Safe

    In all of our mobile home sales at The Mobile Home Dealer, we continue to see that safety is one of the pillars that every mobile home Buyer is looking for. By safety, we are referring to the actual home and how it can be used daily. Do the floors have soft spots? Does the roof leak? Can the Buyer cook a meal in the kitchen with all the electricity running properly? Can the Buyer take a shower and get ready for the day with plenty of hot water? When we think of safety we also think of how functional is the property the day the Buyer buys the home.

    Clean

    This can be looked at in two ways, odors and appearance. When the Buyer buys the mobile home does the home smell funny? Does the fridge need to be removed due to it being too far gone? Is the Seller leaving all of their junk behind? Does it smell like an animal inside? Were the previous owners smokers? All of these attributes need to be looked at to help in determining if the home is clean. When we think of how clean the home is we are looking at if the Buyer has to do tons of work to change how the previous mobile home owner lived.

    Affordable

    This is the attribute that is getting TONS of attention right now as we continue to see real estate prices soar throughout the greater Sarasota Florida area. Most mobile homes on leased land are cash purchases so the Seller needs to realize the Buyer is looking to pay with cash as most mobile homes on leased land will not be able to obtain financing should the price exceed the cash savings of the Buyer. If the home is looking to be sold for cash and the home cannot have financing applied for various reasons then the Seller of the mobile home needs to be conscious of what price they are looking to sell their mobile home at. When we think of affordability we are looking at not only what the current mobile home market is doing but considering that along with what the average mobile home Buyer can afford during a cash purchase.

    When looking at selling a mobile home on leased land throughout the greater Sarasota Florida area it is important to be well-versed in the three main attributes that all mobile home Buyers are looking for so that you, the mobile home Seller, can best place your mobile home for a fast and profitable sale.

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

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  • Considering Buying A Sarasota Mobile Home?

    Considering Buying A Sarasota Mobile Home?

    Have you thought about relocating to Florida and are considering a mobile home as an affordable second home or primary residence?

    Currently, with over a thousand people per day moving to Florida, there has to be a reason why the rest of the country is coming down here and why so many are electing to purchase a mobile home in Sarasota at this time!

    After speaking with several out-of-town clients who are considering moving to Florida, they are excited about the fantastic weather, but also the fact that they are able to do a little bit more outside on a daily basis with the COVID restrictions than other states.

    Many counties here in Florida have mask requirements, but the businesses, parks, gyms, and beaches, they’re all open!

    Having the ability to enjoy all that the state of Florida has to offer, not only during the winter months but during a national pandemic, is certainly a reason that draws many people to the Sunshine State.

    Another reason why is that there is such a large inventory of affordable housing options, whether it is for a family or a retired couple looking to call Florida their new home.

    Most of these folks that we work with are looking for a clean, safe, and affordable option to live in throughout the Sarasota area, for which this area has tons of those places to choose from. These amenity-rich communities have so much to offer their residents such as the location close to the beach, close healthcare facilities, several A-rated school districts nearby, and so much more!

    We here at The Mobile Home Dealer specialize in selling mobile homes on leased land throughout the Gulf coast of Florida and can assure you that there is a home that can meet anyone’s budget throughout the area!

    After finishing up a very turbulent 2020, we expect to see mobile home sales continue to skyrocket throughout the coming year due to so many people wanting to move south, whether it is just for the winter or for a more permanent stay.

    With COVID restrictions continuing to loom throughout much of the country, we expect that the snowbirds from up north will extend their stay in order to truly enjoy the Florida lifestyle!

    Currently, there is a slight lack of homes in the market that are for sale due to so many of the homeowners not being sure if their homes will sell due to everything that is going on right now with the COVID restrictions nationwide.

    Buying A Sarasota Mobile Home
    Bay Indies-Venice Florida

    Update as of December 2022:

    Although COVID-19 is still looming, the options for mobile home buyers are now better than in the previous 23 months since this article was first published. If you have decided that 2022 or early 2023 is the best time for you to buy a mobile home, consider knowing some of the most important things to consider when buying a mobile home in the Sarasota area.

    Know  When Is The Best Time To Buy: Mobile home pricing is volatile and can increase or fluctuate based on many circumstances. The average cost of mobile home prices may be lower, and discounts may be available from January through March. Waiting for a good timeframe to buy a mobile home can be pleasing to your wallet.

    Know What Size Fits You: There are three basic sizes of mobile homes, single-wide, double-wide, and triple-wide. Single-wides generally run about 15 feet wide. Double-wides run 26 feet wide and triple-wides can run upwards of 45 feet wide. These types of mobile homes only refer to the width, not necessarily the floor plan. If you have a bigger family, It is indeed always preferable to buy a mobile home that is bigger considering that the price is worth it and people usually regret choosing the small size.

    Know What Floor Plans Are Available: Mobile homes are available in numerous floor plans to accommodate families of all sizes. It’s essential to consider things such as gathering spaces, the need for a home office, kitchen size and amenities, and master bedrooms or master suites. Make a checklist of your family needs and best practices before meeting with a mobile home representative.

    Know Your Financing Options: Although buying a mobile home in the Sarasota Florida area mostly involves cash, in some cases, financing is also an option. Approved buyers can get a mortgage under loan programs such as FHA, VA, USDA Rural, Chattel, HUD, or other conventional options. There may also be niche loans available for people with low credit scores and income in some cases when buying a new manufactured home.

    Know Your Customization Options: The cost of your new manufactured home will be driven by square footage, design, and customization options. Today’s mobile homes are crafted with high-quality materials and luxury amenities are available. Given the cost-effectiveness of these living spaces, buyers are often happier when they get all their dream home options met.

    Mobile homes on the market that are priced right and marketed correctly always sell fast.

    So if you’re looking to purchase a mobile home, make sure you move fast once you see the home you’d like come up on the market for sale.

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

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  • What Are Sarasota Mobile Home Buyers Looking For?

    What Are Sarasota Mobile Home Buyers Looking For? There are many reasons why someone might choose to live in a Sarasota resident-owned mobile home park. For one, the cost of living is often much lower in these communities than in traditional neighborhoods or developments. Additionally, residents often have a greater sense of control over their living environment and the rules that govern it when they live in a resident-owned mobile home park. Finally, these communities typically offer a tight-knit sense of community and support system that can be difficult to find elsewhere.

    When it comes to buying a mobile home in the Sarasota area, buyers are looking for a few key things. First and foremost, they want a home that is in good condition and won’t require a lot of work or money to get it up to par. Secondly, buyers want an affordable home that won’t break the bank. And lastly, they want a home located in a desirable area – preferably near the beach or other attractions. With so many beautiful mobile homes on the market in Sarasota, finding one that meets all of these criteria can be a challenge. But when you do find that perfect home, it will be well worth the effort!

    We have a question from one of our Facebook followers today. His name is Alan Davies, and he lives in Parrish, Florida.

    Here’s what he wrote. “Hey, Mark. I appreciate all of the information you give us regularly. Could you do a video on what buyers think when they look at a mobile home? I am considering having your team sell our home for us in the future, but want to get a good idea of what we should be expecting from the Buyers when we put the home on the market.”

    Thanks, Alan, for your question. I bet I will be happy to help answer that for you!

    I hope what I give you here helps bring clarity to those questions.

    In our experience, Buyers of mobile homes on leased land throughout the Gulf Coast are looking for three things.

    The mobile home is clean, safe, and affordable as a place to live.

    By clean, I am referring to the fact that most Buyers do not want to have to go in and clean out a home. If your property is being sold fully furnished, then that is fine, but they want to ensure that it does not feel dirty when they walk in. That said, we always suggest that all Sellers do their best to clean up the home. Do not feel like you have to get rid of everything, but at least make sure it is broom-swept clean, and presentable when you are putting the home on the market for sale.

    The second point is that the home is safe, which is kind of self-explanatory.

    Buyers want to make sure that everything in the home works as it is supposed to, or as you say it is. Make sure that all the appliances are in good working order. Make sure the air conditioner turns on and cools the home accordingly. Ensure the toilet flushes, lights, and outlets turn on as they should. If there are burnt-out light bulbs or bad outlets, do not worry about it. It is not that big of a deal. But make sure you tell the buyer which ones they are. Also, Alan, make sure if you are not willing to replace an appliance or anything in the home that is broken, to let the Buyer know that on the front end so that they can make an offer accordingly. It is never good to surprise a Buyer at closing with this.

    Sarasota Mobile Home Buyers

    The last topic is the one that gets all of the interest, and that is buyers looking for a home that is affordable.

    As we can all agree, the term affordable is relative. What may be affordable to you may not be to the next person and so on. With that understanding, we want to make sure that your home is priced where it is to be sold, not where it’s for sale. Most Sellers look at other homes in the area, see what they’re selling, and base their price on that. That’s just not the right way to do things. You see, what a home is selling for and what a home actually is sold for are two totally different numbers.

    The reason is that nearly all homes that we have ever seen do not sell for the prices they are for sale at. More times than not, there’s a discount involved for which it can be a considerable price cut in order actually to get the home sold. Now, Alan, as mentioned in a previous video, it is not just the price the home sells at, but also the number of total carrying costs the Seller is paying when the home is for sale, along with their frustration and time.

    Once all of these items are considered, an actual sales price should be determined.

    So, Alan, thanks again for the question and I hope that helped you out. If you need any further clarification, feel free to reach out to us or me directly and we will be happy to help answer your question in further detail.

    Another reason why some mobile homes take months to sell is that the seller includes all the costs like upgrades and furniture making the mobile home price balloon.

    Remember that upgrades don’t add value to the cost of the mobile home because it’s the seller’s personal preference and not the buyer’s. A fully furnished home can also sell fast compared to an empty one if both homes have a similar price, but if the seller adds the costs of pre-owned furniture to the cost of the house, then this could be a dealbreaker.

    Considering that many mobile home parks in the Sarasota Florida area have older residents, providing their basic needs in safety, cleanliness, and affordability is more than enough. A set of pre-owned furniture without increasing the price is a big cost and time-saving for the buyer.

    The Mobile Home Dealer is a 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, please contact 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.

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  • How Can You Buy a Sarasota, Florida Mobile Home Online

    In today’s digital age, buying real estate has evolved significantly. With the advent of online platforms, purchasing a mobile home in Sarasota, Florida, can now be accomplished conveniently from the comfort of your own home. However, navigating the virtual realm of real estate transactions requires careful consideration and knowledge. This guide will explore the steps and strategies involved in buying a mobile home in Sarasota, Florida, through online channels.

    1. Research and Familiarization with the Market

    Before delving into the online marketplace, conducting thorough research about the Sarasota real estate market is crucial. Understand the current trends, property values, and neighborhoods within Sarasota where mobile homes are available. Consider factors such as proximity to amenities, schools, transportation, and recreational areas.

    buy a sarasota florida mobile home online

    2. Identify Reputable Online Platforms

    Numerous online platforms specialize in listing mobile homes for sale in Sarasota, Florida. Websites like Zillow, Realtor.com, Trulia, and MHVillage are popular choices. These platforms offer a vast array of listings, allowing you to filter your search based on criteria such as price, size, location, and amenities. Additionally, consider utilizing social media platforms and online forums dedicated to real estate to expand your search options.

    3. Establish Your Budget

    Determine your budget before embarking on your search for a mobile home. Consider factors such as down payment, monthly mortgage payments, insurance, taxes, and any additional expenses associated with homeownership. Setting a clear budget will help narrow down your options and streamline the purchasing process.

    4. Review Listings and Narrow Down Options

    Once you’ve identified suitable online platforms and established your budget, begin reviewing listings that meet your criteria. Pay close attention to property details, including photographs, descriptions, amenities, and virtual tours if available. Narrow down your options based on your preferences and schedule appointments to view properties virtually or in-person.

    5. Conduct Virtual Tours and Inspections

    Virtual tours provide an immersive experience that allows you to explore the mobile home from the comfort of your own home. Take advantage of virtual tours to examine the layout, condition, and features of the property. Additionally, consider hiring a professional inspector to conduct a thorough inspection of the mobile home to identify any potential issues or concerns.

    6. Consult with Real Estate Professionals

    While browsing online listings, don’t hesitate to seek guidance from real estate professionals specializing in mobile home sales in Sarasota. Real estate agents can offer valuable insights, assist with negotiations, and facilitate the purchasing process. Their expertise and knowledge of the local market can prove invaluable in making informed decisions.

    7. Review Financing Options

    Explore financing options available for purchasing a mobile home in Sarasota, Florida. Traditional mortgage lenders, credit unions, and specialized lenders offer various loan programs tailored to mobile home buyers. Compare interest rates, terms, and eligibility requirements to secure the most favorable financing option for your needs.

    8. Submit Offers and Negotiate

    Once you’ve found the perfect mobile home, work with your real estate agent to submit a formal offer to the seller. Negotiate terms such as price, closing costs, repairs, and contingencies to reach a mutually beneficial agreement. Be prepared to negotiate with the seller based on market conditions and property value.

    9. Complete Due Diligence and Closing Process

    Upon acceptance of your offer, proceed with due diligence to ensure all legal and financial aspects are in order. Review the purchase contract, obtain necessary inspections, and address any contingencies outlined in the agreement. Work closely with your lender, title company, and real estate agent to facilitate a smooth closing process.

    10. Finalize the Purchase and Move-In

    Congratulations! Once all requirements have been satisfied, finalize the purchase of your Sarasota mobile home by signing the necessary documents and transferring funds. Coordinate with the seller, movers, and utilities to facilitate a seamless transition into your new home. Enjoy the benefits of homeownership in beautiful Sarasota, Florida.

    • In conclusion, buying a mobile home in Sarasota, Florida, through online channels offers convenience and accessibility. By conducting thorough research, utilizing reputable online platforms, establishing a budget, and leveraging real estate professionals’ expertise, you can confidently navigate the purchasing process. With careful planning and attention to detail, you can find the perfect mobile home that meets your needs and preferences in Sarasota’s vibrant real estate market.

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  • Things to Consider When Buying a Mobile Home in Sarasota for the First Time

    Sarasota, Florida, is a dream destination for many people, with its stunning beaches, vibrant arts scene, and laid-back lifestyle. If you’re considering making Sarasota your home, you might be surprised to learn that buying a mobile home can be a great option. Mobile homes offer a more affordable way to live in Sarasota, and many communities boast amenities like swimming pools, clubhouses, and even golf courses.

    But before you jump into buying a mobile home, there are a few things you need to consider. Here are some of the most important factors to keep in mind:

    1. Budget

    Knowing your budget is essential for any purchase, but it’s even more important when buying a mobile home. The price of mobile homes in Sarasota can vary widely depending on the size, age, condition, and location of the home. You’ll also need to factor in the cost of lot rent, which can range from $500 to $1,000 per month or more.buying a mobile homes sarasota

    2. Location

    Sarasota is a large and diverse city, so you’ll need to decide where you want to live. Consider your lifestyle and needs when choosing a location. Do you want to be close to the beach? The downtown area? Shopping and dining? Once you’ve narrowed down your options, research the different mobile home communities in those areas.

    3. Homeownership vs. Land Lease

    There are two main ways to own a mobile home in Sarasota: owning the home and the land it sits on, or owning the home and leasing the land from a mobile home park. Each option has its own advantages and disadvantages. Owning the land gives you more control over your property, but it can also be more expensive. Leasing the land is typically cheaper, but you’ll have to abide by the park’s rules and regulations.

    4. The Condition of the Home

    Before you buy a mobile home, it’s important to have it inspected by a qualified professional. This will help you identify any potential problems with the home, such as structural damage, roof leaks, or plumbing issues. It’s also a good idea to get a home warranty to protect yourself from unexpected repairs.

    5. The Mobile Home Park

    If you’re planning to lease the land, it’s important to choose a mobile home park that you’re happy with. Research the park’s amenities, rules, and regulations, and talk to current residents to get their feedback. You’ll also want to make sure the park is financially stable and well-maintained.

    6. Financing

    Financing a mobile home can be a bit different than financing a traditional home. There are a few different types of loans available, so it’s important to shop around and compare rates. You may also be able to get a loan from the mobile home park itself.

    7. Insurance

    . The cost of insurance will vary depending on the age, condition, and location of your home.

    8. Maintenance and Repairs

    Mobile homes require regular maintenance and repairs, just like any other home. Be prepared to budget for ongoing costs, such as lawn care, pest control, and appliance repairs.

    9. Resale Value

    Mobile homes typically depreciate over time, so it’s important to keep this in mind if you’re planning on selling your home in the future. However, there are a few things you can do to improve the resale value of your home, such as making cosmetic upgrades or adding new amenities.

    10. The Community

    One of the best things about living in a mobile home park is the sense of community. Many parks have social events and activities for residents, which can be a great way to meet new people and make friends.

    Living the Sarasota Dream in a Mobile Home

    Buying a mobile home in Sarasota can be a great way to achieve the Florida lifestyle without breaking the bank. Just be sure to do your research and consider all of the factors mentioned above before making a decision. With careful planning, you can find the perfect mobile home and enjoy all that Sarasota has to offer.

    Additional Tips for First-Time Mobile Home Buyers in Sarasota

    1. Hire a buyer’s agent who specializes in mobile homes.
    2. Get pre-approved for a loan before you start shopping.
    3. Be patient. Finding the right mobile home can take time, so be patient and don’t rush into a decision.
    4. Negotiate. Don’t be afraid to negotiate the price of the home and the lot rent.
    5. Get everything in writing. Make sure all agreements, including the purchase price, lot rent, and park rules, are in writing.
    6. Enjoy your new home! Once you’ve found the perfect mobile home, it’s time to relax and enjoy the Florida sunshine.

    Bonus Tip: Consider hiring a mobile home inspector to give the home a thorough checkup before you buy it. This can help you identify any potential problems that could save you money in the long run.

    I hope these additional tips help you find the perfect mobile home in Sarasota!

    Living the Sarasota Dream in a Mobile Home

    Buying a mobile home in Sarasota can be a great way to achieve the Florida lifestyle without breaking the bank. Just be sure to do your research and consider all of the factors mentioned above before making a decision. With careful planning, you can find the perfect mobile home and enjoy all that Sarasota has to offer.

    In addition to the tips above, here are a few other things to keep in mind when buying a mobile home in Sarasota:

    • The weather in Sarasota is hot and humid, so make sure your home has good air conditioning.
    • There are a variety of mobile home parks in Sarasota, so you’re sure to find one that meets your needs and budget.

    I hope this blog article has been helpful. If you have any questions, please feel free to leave a comment below.

     

    See Also:

  • Where Are The Best Sarasota Mobile Home Deals?

    Has the time arrived when you are looking at moving down to the Sunshine State, either full-time or to get out of the snowy winters? Do you live out of state and are concerned about if the mobile home will be sold before you can make it down to see it in person?

    With how fast the real estate market is selling right now one needs to be focused on moving as quickly as they can if and when they find the mobile home that meets their needs throughout the greater Sarasota Florida area.

    Where is the best place to find Sarasota mobile homes for sale?

    Have you been looking to purchase a mobile home in Sarasota, but can’t seem to find exactly what you’re looking for?

    Where have you been looking for these homes? Have you been driving through some of your favorite mobile home parks looking for the for sale signs? Maybe looking online at some of the popular mobile home listing sites for a home. Scrolling through your favorite social media channels, hoping to find a home that catches your eye and is a good deal.?

    Some of those?

    None of those?

    Mobile homes are not always advertised the same way as real estate is.

    Whether this is the first mobile home you are buying or you have bought and sold several mobile homes it is important to know the basics of what to look for in your next purchase.

    Buying a mobile home is an excellent way to become a homeowner without having to pay the high cost of a traditional house. But there is much to consider before buying a home in this style. The following information will help you determine the requirements to buy a mobile home and if it is the right investment for you.

    This is for the simple fact that if the mobile home that is being sold is within a mobile home park that has leased land, then it is viewed as personal property. This differs from if you are buying a mobile home with the land attached, as this then qualifies the home as real property, better known as real estate.

    Many mobile homes that are for sale are advertised through the channels we just discussed earlier but many of the best deals are not advertised through traditional methods.

    So why is there such a mystery here?

    Many licensed mobile home brokers have what are called pocket listings that they have for sale. These listings are for homes that have either not come on the market yet, or the seller is not ready to move at the exact moment if their home is sold. As such many of these listings are not made public but are kept in the broker’s “pocket”.

    Sarasota Mobile Home
    Mobile home in Sarasota Florida for sale

    Some of these listings are kept for days, weeks, or even months at a time by the Broker just waiting for them to be marketed!

    The home is usually under contract to be listed with a broker at this time, but the seller needs to get their affairs in order prior to the broker looking to market the home for sale.

    This is where you come in!

    Reach out to the licensed mobile home brokers in your area and ask them what pocket listings they have for sale that have not yet hit the market. Ask to see these homes, or at least get the address and name of the park the home is in and drive by to check it out and see if you like it.

    Always give the broker that you were speaking with your contact info when asking for this insider information. Let the broker know exactly what you are looking for. The price range you want to stay within and the time frame for which you are looking to buy.

    Once a broker has all of this information, they will be able to add you to their special buyer list and you will then be able to gain access to homes before they even hit the market.

    If you are looking at buying at the lowest price point you usually will want to look at buying in a mobile home park where you own the home and are leasing the land, however, the monthly payment will be the highest.

    If you are looking for a lower monthly payment but a higher buy-in price then you will want to look at buying a mobile home in a park where you own the mobile home and the land.

    Lastly, if you want to buy real estate and don’t want to purchase a single-family home or condo then buying a mobile home with land in the country will be your best option.

    If you can’t buy a traditional house, a mobile home is always a good option to consider. Depending on the size of your family and how much you can pay, you can opt for a single, double, or triple-wide mobile home.

    When looking to buy a mobile home, it will help you to network with all of your local mobile home brokers who work in the area so that you are on their buyer’s list of people who are looking to move forward with the purchase of a mobile home.

    The Mobile Home Dealers 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 contact 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 Mobile Homes Are For Sale In Sarasota?

    Are you looking to move to Sarasota, Florida permanently?

    Ever thought about buying a second home or a home you can retreat to when the winters up North become unbearable?

    Yes?

    Am I speaking to you there?

    I thought so!

    I too, am originally from the Midwest, and over time grew extremely tired of the freezing cold winters and gray skies that seemed to linger for months on end!

    Florida is well-known for its high quality of life and low cost of living. Communities of all types, from those catering to retirement communities to those catering to people living in mobile homes, have found a home in Florida.

    Those who choose to make Florida their home can settle either inland or along the coast. The large size of the state makes it possible for a wide range of manufactured housing options, including the increasing popularity of mobile home communities and the purchase of prefabricated homes for individual lots.

    When looking at purchasing a mobile home in the greater Sarasota Florida area there are several factors that every Buyer has to be fully aware of before making an offer and pursuing park approval for residency in the mobile home park.

    Let me tell you, from personal experience, palm trees and ocean breeze never gets old!

    After personally living in the Sarasota area for several years now, I feel no better place along the Gulf Coast of Florida offers this much bang for your buck when it comes to affordable housing.

    When looking at living in the Sarasota area, I would suggest you take a look at the affordability of living in a mobile home. Mobile home parks are all over the Gulf Coast of Florida, with over a hundred parks being located right here in Sarasota.

    The parks here in Sarasota range quite a bit from traditional mobile home communities, where you buy the home and rent the land to resident-owned parks, where you own both the home and the land that it sits on. There are also several different types of age-qualified parks, as well as family parks in the area to choose from.

    Sarasota Florida
    Mobile home in Florida

    One of the reasons why so many people decide to make a mobile home their place of residency is the affordability of these homes. Prices on mobile homes can vary quite a bit from a few thousand dollar fixer uppers to well over six figures for the latest models with all the bells and whistles the industry currently has to offer. One, two, and three-bedroom single-wide, and double-wide mobile homes, are available all over the area at very affordable pricing. Operating costs in a mobile home are very reasonable, but the electricity usually runs under a hundred dollars a month.

    Many parks provide other basic utilities within the monthly lot rent payment. These utilities are water, sewer, lawn maintenance, and garbage pickup, as well as the cost of the upkeep of all public areas the park has to offer. Lot rent can vary quite a bit in Sarasota from the low end of about $500 to well over a thousand dollars a month.

    The main reason why lot rent varies so much in Sarasota is due to the location and the amenities that the park offers its residents.

    If the park is located down the street from the Gulf of Mexico, expect to pay more. If the park offers a gated entrance with 24-hour security and resort-style living, you will be paying extra for those amenities.

    The great part of all of this is that the location and the amenities these parks offer come at a fraction of the price compared to if you were renting an apartment or buying a single-family home in the area.

    This is one of the main reasons why a mobile home is such a popular choice for those who want to call Sarasota Florida home, either full-time or just for the winter.

    Whatever your budget is, or what your interests are, I believe Sarasota has a mobile home that will suit all of your needs.

    In addition, buying a mobile home also needs a strategic land decision. While a privately owned parcel has a certain allure at first blush, leasing land in a mobile or manufactured home park also provides value. These are critical items to check off when considering buying a mobile home in a park. Usually owning a mobile home placed in park decreases in value over time. This is why you want to make sure to have the information pack with you before making a purchase. Go through these questions and understand how to buy a mobile home in a park.

    • How much is the homeowner’s association fee (HOA)?
    • Does the park have common areas you can utilize?
    • Does the mobile home park have gated security?
    • Do you receive adequate land and privacy to meet your needs?
    • Can leased land be owned over time?
    • Can you get a minimum 3-year lease to help qualify for a federally guaranteed mortgage?
    • What are the advantages of purchasing a mobile home in a park?

    Buying a new mobile home and having it delivered to a leased land park can lower your monthly mortgage costs and provide you with more money for leisure spending. Not having to purchase land upfront also helps many first-time buyers qualify for home loans in 2021. Home loans can be complicated if not done correctly. It is always recommended to check different options before buying a new mobile home.

    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:

  • Does Park Approval Even Matter In A Sarasota Mobile Home Park?

    Many new mobile home buyers are rushing to buy their first mobile homes without knowing the things associated with owning it, only to find themselves later in difficult situations.

    In the state of Florida, mobile homes are taxed as personal property and not as real estate. This means that when you buy a mobile home, it’s like you are buying a motor vehicle. And since your mobile home needs a lot to sit, this lot could be privately owned by you, or a mobile home park which is owned by other people or companies. 

    If you are planning to buy a mobile home in the Sarasota Florida area, it is important to understand everything about mobile home parks.

    Does it even matter that this is done before buying a mobile home on leased land in Florida?

    Many times those who are not familiar with the buying process of a mobile home on leased land do not realize that getting approved by the park is a part of the mobile home purchase process.

    This then begs the question to be asked, what is park approval?

    When buying a mobile home in a mobile home park, every resident needs to be approved as a resident within the community in that the home is physically located. Different parks have different requirements but, generally speaking, if you are in an age-qualified community, every person who will be physically living in the home will need to be approved by the park. If you are buying a mobile home in an all-ages park, usually you will need to have approval for everyone living in the home who is over a certain age to be able to be approved for residency.

    Each park has its way of going about the actual approval process. Usually, every park will require each person who is going through to be approved to fill out a written application. Along with the application the applicant will need to provide a photo ID, pay a nominal application fee, and agree to have their background checked by the park. If you or your applicant friend does not have a current driver’s license that is okay as usual, a state-issued photo ID card or a passport will do the trick.

    Every community has its own set of rules, so it would be wise to do your due diligence and understand them. For example, does the community allow pets? If you are a pet lover, this will be a top concern of yours, right?

    Bay Indies-Venice Florida park approval
    Bay Indies-Venice Florida

     

    Expect the park to ask about running your credit and criminal history. A grave mistake would be unwilling to share this information or being untruthful. This will raise questions about you and, certainly, they are likely to conclude you’re hiding something from them. Cooperate and provide the needed details if you’re looking to join the park.

    The background check that most parks go off of is going to be the criminal background the applicant’s credit score and if the applicant has any history of evictions on file.

    For safety purposes, the community may scrutinize your background and ensure you satisfy their set of profiles. For example, they’d want to know your previous living arrangements, and why you are moving. If you’re convincing enough, they are likely to accept you.

    No mobile home park will gladly open its doors if they know nothing about you. It’s a common industry practice to do a background check.

    I have asked several park managers and park owners how they figure out their algorithm for park approval. No one can really make heads or tails of it.

    What I have been able to come up with though, is that most parks are not looking for 800 credit scores or for someone who has never had a speeding ticket in their life. What I have seen is that park management is looking to avoid folks with violent felonies or no credit scores at all. This does not necessarily rule you out if you have one of those but if you or someone you know has that difficulty in their background, make sure they provide documentation to the park to let them know what they are going to see just so everybody is in good communication from the beginning.

    Some parks will put eviction history as a major deciding factor as with every mobile home that is on leased land, one will be required to pay a monthly fee, called lot rent. Having an applicant on file who has not paid their monthly bill and has been evicted may throw a red flag because you will be required to pay a lot of rent each month.

    The fees that a park will charge for the application process vary, but it is reasonable to think somewhere between about $25 to $50 for each applicant.

    The importance of obtaining mobile home park approval before purchasing your mobile home is a good idea because at least at that point, you will know whether you can physically live in the mobile home that you just bought…. or not.

    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, please contact 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:

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