BiggerPockets

Selling a Mobile Home in a bad economy

Saturday, January 08

Selling your Mobile Home in this economy can be a daunting task. Financing for used mobile homes has truly dried up and most buyers do not have $20,000 cash under their mattress to hand you.  So that does not leave you with many options. 

   So what do you do? The first thing I would recommend trying in to make an effort to contact a Mobile Home Investor, a Mobile Home Buyer in your state and see what they can do for you. They are buying  these mobile homes to keep in their rental portfolios. So they often have cash quickly available to buy your used mobile home. Please Remember, they are not interested in buying your mobile home at full retail value, they can buy homes all day at those prices with little to know effort. However if you are willing to be limber with your purchase price or work with some form of creative financing you should be able to get your mobile home sold. 

How do you find an investor? 1.) Well if you live in Texas you can contact www.MysticRealtyTx.com  they are mobile home buyers and are willing to make you an offer on your used mobile home in very short period of time. 2.) You should also take advantage any free advertising you may find.
 www.MobileHomeMagic.com  is a free advertising and it is a Nationwide Classified Directory of Mobile Homes and Mobile Home Parks for sale.  1000’s of people view that site monthly that are looking to buy used mobile homes and mobile home parks just like yours. Place you home or park for sale on this site. You will not be sorry. Instructions on how to place your free add can be found on the main page

BRUTAL TRUTH.  COMMON SENCE .If you must sell your home for full retail value, then listen up. You need to do some cosmetic repairs to make your little jewel sparkle.  Let’s start with the basics here.  I know that no one reading this has this problem but maybe you have some friends that do.  1.) Clean the home and keep it clean. No one is ever going to buy the sorry excuse when they walk through the doors of “Excuse the mess, we are packing, or we have been sick” It takes more than a few days for a mobile home to have a ½ layer of dust on everything and roaches running around. If you can’t clean you need to call an investor as no one else will touch this  used mobile home. Clean the home. I look at around a dozen homes a week for potentail purchase, and let me tell you the word traler trash exists for a reason. Clean the home, and put a few extra $1,000.00 in your poket.

2.) Tell your friends to clean their yard. Not only does a nasty yard effect the value of your friends Manufactured Home but it affects the value of all the mobile  homes that can seen around you.  Removing the trash is the simplest way to add a wow factor to your home.  Once your friends home is cleaned and the curbside appeal of your nice yard is up to par take some new pictures for them and post them to as many free listings as they can. All the way from Ebay classifieds to Walmart.com That simple task will make your friends phone ring ten times the normal amount, and their home will sell much faster.    Belive me FREE works. I soend 100's every month on news paper ads and 95% of all my calls come from free internet adds.

More Simple tips next news letter.

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