Tag: Mobile home park rejection florida

  • Should You Sell Your Sarasota Mobile Home Now Or Wait?

    Should You Sell Your Sarasota Mobile Home Now Or Wait?

    With the continuing rise in real estate prices throughout the Sarasota County Florida area the big question seems to be, should you go ahead and sell your house now or wait to see how much it will go up in value?

    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 where it will bring you!

    The immediate follow-up question is then if you sell your house now and reap the financial benefits of selling at a higher price will you really gain anything financially if you go to buy another home in the same area right afterward as the profit that you made from your current home sale will be eaten up by the high prices in the same market.

    If you decide to not buy another home in the Sarasota area but go and rent for a few years until the market cools down and prices level out you may run into a shortage of rental properties available that has not been seen in the area for years, if ever.

    Should You Sell Your Sarasota Mobile Home Now Or WaitJust last week we had someone come to us and tell us that they were considering selling their home but when they looked at apartments in the area most of them had over a year-long waiting list to get in!

    With all of this real estate madness going on all around us, what does it all mean if you own a mobile home on leased land within the Sarasota Florida area?

    Are Sellers seeing the same rise in prices as traditional real estate?

    Mobile homes that are located on leased land within the state of Florida are viewed as and taxed as personal property, not real estate. What this means is that these mobile homes are sold with a title and not a deed to them which makes the transaction the exact same as purchasing a vehicle.

    With this understood, there is no reliable way to pull sales comps when you are looking to sell your mobile home if it is located on leased land.

    What we have seen throughout this crazy real estate market at The Mobile Home Dealer is that homes in good condition that are priced fairly are selling faster than ever, but not for more money in the traditional sense. What we mean by that is that due to the speed at which homes are being sold then the Sellers are paying less in lot rent which means that these Sellers are keeping more money in their pocket as opposed to “making” more money at the closing table.

    Overpricing Your Mobile Home

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

    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.

    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.

    Pricing your mobile home aggressively

    When looking to sell your Sarasota Florida mobile home we always suggest pricing your home aggressively in order to bring the best cash offers to you as quickly as a time frame as possible. Getting caught up in the inflated pricing of a mobile home could lead to the Seller holding on to the home 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.

    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.

    If you are looking to sell your mobile home around the Sarasota area we feel now is just as good of a time as any but we stress for each Seller to go into the marketplace with reasonable expectations. These expectations should be rooted in the speed at which the home sells and not for what the home sells at. If a Seller enters the marketplace with these expectations understood then we feel they will be pleasantly surprised at the speed at which their home may sell while keeping more money in their pocket by not paying additional lot rent.

    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 a better place in life.

    See Also:

  • Just Get Denied For Residency At A Sarasota Mobile Home Park?

    Just Get Denied For Residency At A Sarasota Mobile Home Park?

    When looking to purchase a mobile home that is located on leased land in the Sarasota Florida area one will have to go through the park approval process to make sure they are approved to become a resident in the park they are looking to live in.

    While deciding on the perfect Sarasota Florida mobile home to purchase is the fun and exciting part, one needs to make sure all of their ducks are set in a row before putting money down on the property and calling the moving trucks.

    Most of the time, many Buyers will focus on the funding of the purchase, will they have enough money to purchase their mobile home in cash or will they need to seek some type of outside financing for the purchase?

    While we, here at The Mobile Home Dealer, can certainly appreciate the focus on funding, we take a different route in focusing on the Buyer becoming park-approved before putting a focus on funding the purchase.

    But, why would we focus on park approval and not on funding?

    Just Get Denied For Residency At A Sarasota Mobile Home Park

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

    Most mobile home parks in the Sarasota area will have a straightforward way of going through their approval process for each new resident who wants to move into the park. Most parks will require a written application to be completed along with copies of the applicant(s) photo identification, social security number, and a small fee for each applicant on the park application.

    The park will usually check three things on each applicant:

    • Credit Check
    • Criminal History Check
    • Eviction History Check

    Each park is specific in how heavy they weigh each item listed above but, generally speaking, the park takes all of them into consideration to decide as to whether the applicant will be accepted in the park for residency.

    So, what happens if you fill out the application and provide the fee needed to run your background, only for you to be told that you are denied moving forward with your residency with the park?

    Now what?

    The applicant has the right to discuss their denial with the park owner or manager to see what the problem is and to see if an exception will be made. Most mobile home parks have a standard number system they go by for credit. If this is a concern for you then you may want to provide documentation to the office when you drop off the application that will help further explain why your credit score may be a little lower than what you want.

    If your criminal background is a concern then, again, it would be a good idea to bring this up to the manager or owner before they run your background so they are not surprised should you have something in your past that will put you in a less than favorable light.

    Most mobile home park managers and owners are understanding of an applicant’s past so long as they are upfront with what has happened and are willing to explain or provide documentation that shows why certain things have come up the way they have.

    What we at The Mobile Home Dealer have seen in the past is that most parks consider all items to decide whether to approve or deny the applicant from the park for residency.

    If you are denied and seek to find out exactly why then perhaps you will be able to work on the reason for denial right away so that you can reapply to the park and be accepted the second time around.

    Before making any purchase offers to a mobile home seller, make sure to speak with the park manager and understand the park’s application process and approval criteria. Is the park easy or strict?

    It is certainly not uncommon for mobile home park managers to deny certain applicants who do not pass the park’s criminal, eviction, employment, income, pet, and/or credit background.

    If your application is turned down or denied it is important to try to figure out why and how you could improve this process moving forward. Learn exactly what the park manager is looking for in a future resident. 

    Some managers will be helpful and suggest that the potential buyer obtain a cosigner or pay a higher-than-normal security deposit to get approved.

    If you have been denied residency at a Sarasota mobile home park, there are a few things you can do. First, you should review the application to check for any errors or omissions that could have led to the denial. If you find any, you should contact the park management to address these issues and determine if the denial can be reversed.

    If that does not work, you should look into other parks in the area that may be willing to accept your application. You may also want to consider looking into other forms of housing, such as apartments and townhomes, since they may offer more flexibility in terms of residency requirements. You can also look into other low-cost housing options in Sarasota and see if any of them would meet your needs.

    Additionally, you can contact local government offices and advocacy organizations that may be able to provide assistance or resources for those in need of housing. These organizations can provide information about available housing options and guide how to navigate the application process.

    Finally, if all else fails, it is important to remember that there are often legal protections in place that can help prevent unjustified denials of residency applications. If you believe that your application was unfairly denied, you should consult a lawyer who specializes in housing law to discuss your options.

    When looking to purchase a mobile home in a mobile home park within the Sarasota area always make sure you look to get park approved before closing on the home. The reason for this is that if you buy the home and then go through the park approval process and for some reason you are denied then now you own a home that you can not legally live in!

    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:

Reset password

Enter your email address and we will send you a link to change your password.

Get started with your account

to save your favourite homes and more

Sign up with email

Get started with your account

to save your favourite homes and more

By clicking the «SIGN UP» button you agree to the Terms of Use and Privacy Policy
Powered by Estatik