{"id":78665,"date":"2016-06-24T11:00:14","date_gmt":"2016-06-24T17:00:14","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=78665"},"modified":"2021-03-16T11:59:58","modified_gmt":"2021-03-16T17:59:58","slug":"2016-06-24-move-mobile-homes","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/2016-06-24-move-mobile-homes","title":{"rendered":"Many Owners Don’t Have the Funds to Move Their Mobile Homes: Here’s What That Means for Investors"},"content":{"rendered":"

As active mobile home investors, we may take for granted the mobility and move-ability of nearby mobile homes. Needing only an internet connection and a cell phone, any mobile home owner with a few thousand disposable dollars can contact a local mobile home transportation company to have their subject mobile home(s) moved. They can then set up in a new location with all utilities connected. With the help of a reputable transportation company, the process is very streamlined, insured, and headache-free.<\/p>\n

Perhaps the most valuable five words in the above paragraph are “with a few thousand disposable dollars.” That is because many mobile home owners inside preexisting mobile home parks do not have this type of disposable savings to spend. Additionally, some lien holders may make it difficult to have a home moved before the underlying debt is paid in full. For these mobile home owners, the option to move their mobile home is virtually impossible. At the very least, it is a struggle to track down and borrow the money.<\/p>\n

Of course, a number of manufactured home owner-occupants across the country would have no problem moving their mobile homes if needed. These owners should take solace in knowing they are capable and prepared to move their home if needed.<\/p>\n

\"mobile-home-investing-cons\"<\/p>\n

What\u00a0Does This Mean for People in the Marketplace?<\/h2>\n

Benefits for Sellers<\/h3>\n

In the case of mobile home owners, there may be little benefit. This includes those who\u00a0absolutely must sell by a closely approaching date or risk losing their homes. In a perfect world, this owner would have money in the bank and\/or time to wait to sell their mobile home. He or she would be current on the monthly park lot rent, and\u00a0the community would\u00a0not<\/em>\u00a0be evicting them. In a perfect world,\u00a0any mobile home owner would have the funds to move if need be.
\n
\nRelated:<\/strong> The 6 Types of Mobile Home Buyers Investors Compete Against<\/a><\/em><\/p>\n

Why Homeowners\/Sellers Typically Need to Move Their Mobile Home<\/h3>\n