Tag: double wide mobile home prices near me

  • Double-Wide Mobile Homes for Sale Under $5,000: A Florida Reality Check

    The Sunshine State beckons with its warm weather, beautiful beaches, and endless attractions. However, for those seeking an affordable place to live, the dream can quickly turn sour when considering traditional housing costs. Enter the idea of double-wide mobile homes for sale under $5,000. Can you snag spacious, comfortable living at a rock-bottom price in Florida? Let’s dive into the truth behind these ultra-budget mobile homes.

    double-wide mobile homes for sale under $5,000

    The Reality of Sub-$5,000 Double Wides

    While the idea of a dirt-cheap double wide might be appealing, the reality is finding one in good, livable condition under $5,000 in Florida is a long shot. Here’s why:

    • Age and Condition: Mobile homes depreciate rapidly, especially older models. A double wide under $5,000 is likely to be decades old, potentially pre-1976 when federal building standards for manufactured housing (mobile homes) were established. These older models may have outdated electrical wiring, plumbing, and building materials, all posing safety and functionality concerns.
    • Repairs and Renovations: Even if the structure itself seems sound, a sub-$5,000 double-wide will likely require significant repairs and renovations. Think of roof leaks, damaged flooring, outdated appliances, and potential mold issues. Factors in the cost of materials and labor, as well as the initial bargain price, can quickly balloon.
    • Land Costs: Mobile homes rarely come with land included in the purchase price. You’ll need to find a mobile home park that allows double wides and factor in monthly lot rent fees. These fees can vary depending on the location and amenities offered by the park.

    Fixer Upper? Maybe, But Proceed with Caution

    While finding a structurally sound double wide under $5,000 might be a challenge, it’s not entirely impossible. However, be prepared for a major fixer-upper project. This means extensive renovations, potentially including:

    • Roof repairs or replacement
    • Upgrading electrical wiring and plumbing
    • Flooring replacement or repairs
    • Kitchen and bathroom updates
    • HVAC system inspection and potential repairs

    These renovations can quickly eat into your budget, so be sure to factor in realistic costs before diving in. Consider your DIY skills, as some repairs might require professional assistance, further increasing the overall cost.

    Beyond the Price Tag: Other Considerations

    Even if you find a seemingly affordable double-wide, there are several other factors to consider:

    • Mobile Home Park Regulations: Review the park’s rules and regulations regarding age restrictions, pet policies, and renovation limitations.
    • Location: Double-wide communities are often located outside of major city centers. Consider your transportation needs and access to amenities.
    • Financing: Securing financing for a mobile home under $5,000 can be difficult. Be prepared to pay cash or explore alternative financing options.

    Exploring Alternatives to Sub-$5,000 Double Wides

    While the idea of a super-cheap double-wide might be enticing, there are other options to consider in Florida’s housing market:

    • Older, Smaller Mobile Homes: You might find slightly newer (but still older) single-wide mobile homes under $5,000. While not double-wide, they can offer a more affordable option, albeit with less living space.
    • Manufactured Housing Communities: Look for newer manufactured housing communities in Florida. These communities often offer financing options and provide a sense of community with amenities like pools and clubhouses.
    • Apartment Rentals: Depending on your location, renting an apartment might offer a more predictable monthly cost compared to owning a potentially problematic mobile home.

    Conclusion

    Finding double-wide mobile homes for sale under $5,000 in Florida is challenging. While it might seem like an attractive option, such homes likely require significant renovation and may not be structurally sound. Explore alternative options and be realistic about the true costs of owning a mobile home, especially a very low-priced one. A thorough inspection and a well-defined budget are crucial before starting this path. Remember, sometimes the cheapest option costs more in the long run.

     

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  • What Brings A Sarasota Florida Mobile Home Seller The Most Money?

    When looking to sell your Sarasota Florida mobile home it is in every seller’s best interest to ask themselves the basic question of, what will bring them the most money when they go to sell their mobile home.

    mobile home for sale - mobile home seller
    Mobile Home in Florida

    Many times the question then gets directed to two different types of thoughts:

    • Will The Mobile Home Seller Get The Most Money If They Sell At A Higher Price?
    • Will The Mobile Home Seller Get The Most Money If They Sell Faster?

    Essentially, is the Seller going to benefit most if they are the tortoise and wait for the right Buyer or will they do the best they can if they move more like the hare and take the first offer that comes to them?

    The answer to this basic question is that the mobile home Seller wants to act like both the tortoise and the hare at the same time when selling their mobile home.

    The reason for this nondirect answer is due to the fact that mobile homes on leased land require the owner of the property to pay a set amount of money each month to the mobile home park in the form of what is commonly referred to as lot rent.

    This lot rent will cover several different bills all in one but, most commonly, the lot rent will cover the usage of the land the home is on, the water bill, the sewer bill, the lawn care, and usage of the park facilities.

    Most mobile homes on leased land are cash transactions, meaning, that the Seller does not have an outstanding mortgage payment they are required to make each and every month for the ownership of the home home. They own the home outright in cash.

    The lot rent will never be paid off, regardless of how long the owner lives in the park as this is a reoccurring utility-type bill that will never go away.

    The reason why we bring this up to you, the reader, is that many times we, we at The Mobile Home Dealer, have seen that the Seller does not take into account their monthly carrying costs, such as their lot rent when deciding to sell their mobile home.

    Many times these Sellers will price their home too high and continue to pay the lot rent each and every month as well as their electric bill, cable bill, yearly registration, and constant property upkeep when things go wrong and need to be repaired within their mobile home.

    All of these ongoing bills seem to feel automatic to the Seller and they do not factor them in when pricing their home.

    By not factoring these continued bills into the mix the Seller is setting themselves up for a lower net profit when their mobile home eventually does sell as they will need to calculate their monthly carrying costs throughout the entire time they were trying to sell their mobile home to get themselves the most accurate number.

    So, to answer the original question on what brings the Sarasota mobile home sellers the most money, the answer is by selling your mobile home fast and avoiding paying monthly lot rent dues. 

    If you are looking to sell your Sarasota Florida mobile home fast, how do you do it?

    Although this seems like a very detailed answer that needs to be given, the truth is it is not. In fact, selling your Sarasota Florida mobile home quickly can boil down to three specific factors, that, if followed, will get you top dollar for your home fast.

    Now, I am not trying to eliminate the professional opinions of others in the space, but rather, I am trying to get give all of the readers of this blog a much better understanding of how to get their mobile home sold quickly without all the extra garbage that is out there on the internet discussing what to do and what not to do.

    Sarasota Mobile Home
    Sarasota Mobile Home

    With that understanding, please take this as a guide of what we, at The Mobile Home Dealer, have seen on a repeated basis that, if followed correctly, will lead to you not only getting your Sarasota Florida mobile home sold fast but also for top dollar regardless of what the market is doing in your community or within the area your mobile home is located in.

    • Price your mobile home correctly
    • Mark your mobile home correctly
    • Understand The Sales Process

    Following these three basic steps will help you, the mobile home Seller, move your property quickly and for the most profit possible.

    When looking to sell your mobile home we can not stress enough the importance of looking at not only what you are trying to sell the home for but also the costs that will add up should you not be able to sell it as fast as you would like. Not doing this will give you, the Seller, an inaccurate understanding of exactly how much you made on the sale of your mobile home.

    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 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.

    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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  • Why Pricing Your Sarasota Mobile Home High Is A Bad Idea!

    Why High Pricing A Mobile Home Is A Bad Idea. I got an idea!. We should price the home super high and then come down because we can always go down on price, but not up, right?

    With the rising real estate market that we are all seeing throughout the country, it is natural to think that selling your Sarasota Florida mobile home is the right thing to do now in an attempt to cash in on all the Buyers looking to relocate to Florida.

    While pending on the Seller’s situation, this may not be a bad idea, we at The Mobile Home Dealer stress that there are quite a few pitfalls with the idea of trying to sell your mobile home by yourself while commanding your own high price.

    In this brief article, we will look to educate you, as a Seller, on why pricing your own mobile home at an extremely high price point and not being willing to negotiate on price is a bad idea

    This is a common idea that I have 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 are willing to come down later.

    Every time I hear this idea, I always go against it as I do not think this is a good plan to follow when trying to sell your mobile home quickly.

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

    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
    With that thought in mind, I always suggest starting the pricing of your mobile home as competitively as possible in order to pull the most eyes to your property as fast as possible.

    Price is a deciding factor for most Buyers in the mobile home space, not necessarily features of the home or even location.

    If a Buyer can get a comparable home to yours at half the price down the street, then it will be a very difficult presentation for you as a Seller to try and explain why the Buyer should go ahead and pay twice as much for a very similar home like yours.

    Many times Sellers expect to see retail pricing on their upgrades and will price their home according to what they paid for these upgrades regardless of when these were even done to the home.

    As mentioned previously, in one of our other videos, much of the benefit of the home’s upgrades that have been done to your home should be paid to you in the form of actually enjoying the property when these upgrades were put into the home.

    Overpricing Your Mobile Home

    Pricing your home high 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.

    When buying a mobile home on leased land in Florida a Buyer or Seller does not need to report the sales price of a home to anyone. Many times this leads to no comparative pricing in the area for a mobile home. With this lack of information, we often see Sellers who are trying to sell their mobile homes themselves look online for their own comps on similar properties. The problem we see here is that most Sellers will compare their mobile home on leased land to that of a single-family home. The main issue here is that the Seller is comparing apples to oranges because a mobile home on leased land in Florida is personal property and not real estate.

    Following this pricing guideline, we continue to see mobile homes sit on the market for extended periods of time because the home is considerably overpriced.

    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.

    Making it easy to have the Buyer buy your home is the first step in getting your home sold fast.

    mobili home florida
    Mobile home in Florida

    By pricing your home at our below-market price from the start, you will garner more attention faster creating a quicker sales process.

    Although selling your own mobile home is possible, there are more disadvantages and advantages. Here are some additional issues that you may run into if you choose to do it yourself.

    You can lose money. According to statistics, mobile homes sold without a realtor are less than 15% compared to those sold by the agent. This is understandable because agents know what they are doing to maximize the price. The higher the price sold is the bigger their commission.

    You can lose lots of time. You are losing time the moment you start the process. From posting online, researching where to post, doing the legal paperwork, and meeting with potential buyers, everything will be overwhelmingly time-consuming.

    Paperwork. There is no need to explain here. Paperwork always means a headache especially if you are not an expert in this field.

    Quality of buyers. Realtors know exactly what type of buyers your mobile home will attract. But by letting every interested party take a look at your home, you are not only losing a lot of time, but you are also wasting the time of quality buyers because you don’t know which is which. Realtors have contacts and a database of potential buyers.

    At the end of the day, the money you lost by selling your mobile home yourself might be bigger than what you are supposed to pay the realtor, not to mention the time you lost.

    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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