Think about this — most people that are renting would love to own a home for market rent — this is essentially what you are offering. Understand the current used mobile home selling market. I have a mortgage on my home: If you cannot find any cash buyers within a few weeks or months — contact your bank to ask for their help providing you with Short Sale information. Advertise to find buyers. If this fits your description then time-is-of-the-essence and you need to sell fast or you risk losing the home and giving it away to the park for free. This buyer will be coming out of pocket for repairs so you had better advertise the home for a low-cash-price or you can offer to accept monthly-payments with minimal cash-down due to the repairs needed.
It is good that your lien is low. You may also be able to sell the home to a payment buyer for cash down and monthly payments for your equity. A cash buyer that is interested in a used mobile home for sale will be the minority of buyers you speak with. Comment any questions below on this page. This buyer will be coming out of pocket for repairs so you had better advertise the home for a low-cash-price or you can offer to accept monthly-payments with minimal cash-down due to the repairs needed. This will cause a problem. If this fits your description then time-is-of-the-essence and you need to sell fast or you risk losing the home and giving it away to the park for free. Since you own the home you may sell the Title and add yourself as Lien holder to protect your interests. Advertise to find buyers. When selling a mobile home for payments you can charge a premium for the home. In most cases you still have options to sell your home fast and make a substantial profit. I need to sell in less than 90 days! I own my mobile home free and clear: If the home is not sold in 60 days for a fair price then consider the option of lowering the price again or selling the home for payments. If the property is clean and in fairly good working order you may be able to sell this home for cash to 1. Please read below to gain a better understanding of the steps needed to complete a fast sale on your own and keep all the profits. If you are selling a mobile home attached to private land please click this sentence. Accepting monthly payments will allow you to resell the home quickly and make a profit over time. When you sell to a payment buyer you will want to make certain you collect a large enough down payment to help ensure the buyers do not default on you and leave your home. Seller is interested and has some money. If you own your mobile home free and clear this means there is no Lien or mortgage on the home and you should have in your possession mobile home Title s [unless in TX, VT, or NH]. Understand the current used mobile home selling market. Seeing that you have time to wait to sell you can advertise for sale all-cash and even list your home in the MLS for 60 days with a Realtor. If you in fact are wanting to sell your mobile home inside a park then you have come to the right place. This page concerns mobile homes inside private parks [on rented land].
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