Craigslist atlanta mobile homes for sale
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. If the property is clean and in fairly good working order you may be able to sell this home for cash to 1. You may also be able to sell the home to a payment buyer for cash down and monthly payments for your equity.
Tiny Houses For Sale in Georgia (US)
If the property is not clean and needs repairs then you are looking for a buyer that is willing to make repairs and spend repair-related-costs after they buy. 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. Accepting monthly payments will allow you to resell the home quickly and make a profit over time.
I need to sell between 90 days to 6 months. Consider yourself fortunate that you have the time and resources to market your home for a cash seller and wait. 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 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 you sell your home for payments you will be able to charge a higher sales price opposed to selling for all-cash. I own my mobile home free and clear: This is preferred. 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]. Since you own the home you may sell the Title and add yourself as Lien holder to protect your interests.
I have a mortgage on my home: This will cause a problem. You will have to pay off the Lien before you can sell the home for payments and add yourself as lien holder. Seller is interested and has some money. It is good that your lien is low. This is not good. Most banks will not lend to used mobile homes inside parks. 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.
A Short Sale is when a bank agrees to take less then what it is owed. A short sale will negatively affect your credit, may not always go through to completion, and you will still be required you to find a cash-buyer for the home who is also approved by the park. During a short sale all payments to the park should be made. Now that you understand what types of buyers are in the market, it is time to decide how you would like to sell and start advertising for buyers. A valid number should be on the sign.
Online: Use sites like Craigslist.
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These are free sites that buyers look at. Newspapers: Advertise in the local community newspapers. Use a 1 inch, chisel tip, permanent black sharpie. It is important to not be bullied when you are trying to sell a mobile home for a fair price. On the other hand it is import to not OVER demand what your home is worth. If you are willing to hold payments then understand this is very valuable to a honest, hard-working payment buyer. You are allowing this buyer to own a home without qualifying at a bank — you are the bank.
When you are selling for payments you have most of the control — be fair and make sure to prescreen every buyer that says they want the home. Use inexpensive tenant-screening online websites to check for criminal history, negative credit history, eviction history, and sexual predator status of each adult applicant. It is my advice to not sell to anyone that has had an eviction, ever. When you are selling for all-cash you are in less control — be sure to know the minimum amount you will accept for a fast cash-sale and what you will not accept. This also makes certain the buyer is serious and not wasting your time.
Within 48 hours of you and the buyer s verbally-agreeing to a purchase price your buyer s should be getting approved at the park. Most likely all non-minors living in the home will need to be approved. If this is not done within 48 hours your buyer may be stalling. Whether or not the buyer plans to move-in now or in 90 days they will need to be approved at the park before you will stop advertising and showing the home. Again, keep advertising the home and talking to prospective buyers until the day the park manager lets you know your buyer s have been approved. This form is similar to the information needed to perform your background check.
You keep original and your buyer does not receive a copy.
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A Bill of Sale describes the terms of the sale? How much was paid today?
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If there will be any liens for the purchaser? If the home is warranted? Which fixtures or appliances are included in purchase of the home? You keep an original and your buyer keeps an original. Promissory Note: Only if accepting monthly payments. This form is optional and is to specify in detail the payment instructions, seller financed amount, and payback terms. You keep an original and your buyer keeps a copy. Agreement After Closing: Only use if you will be remaining in the property for a short while after the buyer purchases the home.
Homes: What can you buy for under $30,000?
This is used in rare examples if you need to stay in the home for days after the purchaser pays for the home. You keep a copy and your buyer keeps the original. Example of Agreement After Closing: The buyer does not need to move in for 90 days so you agree to live in the home and pay lot rent for those 90 days [this is a win-win deal].
In 90 days or less you must be out of the home. This is the time you will be signing all the paperwork and giving the Title s to the buyers. You will hold onto the original Title s until you are paid every dime in full. Be aware it may be wise to have a Notary available at the closing location or you can drive to a local bank for their free Notary services. Hazard Insurance: If you will be accepting monthly payments it is important make sure the buyers have insurance on the mobile home in case of fire or other damages.
Make sure you are insured for every dime you are owned. Me and my husband can not thank you enough for this great knowledge and the easy steps.
Sounds great and happy to have your hear. My husband and I have land in another state while residing in another.
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We are trying to 1. Thanks for commenting and reaching out concerning your issues. I do not have any idea what quality of home you live in now or the current value so I cannot say whether it is best to move your existing home or simply purchase another one in the state where you own land. Moving a mobile home is not cheap in most areas, and it gets more and more expensive the further you transport the home. This should help to ensure a quick sale when you find a serious buyer with the cash or credit to purchase your home. Now that the home and prices are attractive you will have to market the home to his many possible buyers as you can.
I suggest you market online at websites such as sellfastbyowner. Get as many serious buyers to walk through your property as possible and aim to sell it as quickly as you can. The winter months are coming up so depending on where you live you may experience a bit of a slow down with regards to how many buyers are currently in the market.
Always here to help. Any ideas? Thank you for reaching out and connecting. Great job finding the leads that you are able to find.