3,350,764
I suggest you refer the listing to a local agent that specializes in Mobile Homes.
No matter how many comments you receive here ... it is doubtful it will be enough.
Check with your broker for guidance with this?
Co-list with someone in the office that has experience?
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John Juarez
Fremont, CA
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Eagle Ridge Realty
Gilroy, CA
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Nancy Frimann
Gilroy, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Gary Frimann, CRS, GRI...
Gilroy, CA
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Michael Jacobs
Pasadena, CA
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Karen Climer
Orlando, FL
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Buzz Mackintosh
Frederick, MD
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Kat Palmiotti
Kalispell, MT
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Ryan Huggins - Thousan...
Thousand Oaks, CA
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Fred Griffin Florida R...
Tallahassee, FL
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Bob Crane
Stevens Point, WI
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Pete Xavier
Pacific Palisades, CA
2,684,769
Hi, Austin
See Florida Statutes 320.015 to determine if the mobile home is real property, or personal property. There is a huge difference!
Look for this "Real Property" decal on the mobile home. Issued by the State of Florida to confirm that it is real property. Verify it with the Polk County Property Appraiser.
Your favorite lender can advise you what, if any, financing might be available for a mobile home.
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Silvia Dukes PA, Broke...
Spring Hill, FL
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John Juarez
Fremont, CA
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Dario Ferreira
Attleboro, MA
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Ron and Alexandra Seigel
Carpinteria, CA
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Karen Climer
Orlando, FL
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Buzz Mackintosh
Frederick, MD
6,425,924
Depending on where it is located and how it is attached it may not even be real estate.
If it is then it is just another type of SF home.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Karen Climer
Orlando, FL
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Kat Palmiotti
Kalispell, MT
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Fred Griffin Florida R...
Tallahassee, FL
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Bob Crane
Stevens Point, WI
1,574,421
Perhaps it would be wise to see who will lend on it. You can then refer this info to the buyer's agent. Not all lenders will loan on one depending on age, weather or not axles are removed (personal property vs. real property), space rent (and terms). There is a lot to consider.
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John Juarez
Fremont, CA
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Eagle Ridge Realty
Gilroy, CA
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Nancy Frimann
Gilroy, CA
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Ron and Alexandra Seigel
Carpinteria, CA
1,057,664
That's a big answer to a small question!
What kind of mobile? Is it manufactured, modular, park model?
Singlewide or doublewide? (Financing may be different or not doable for a singlewide)
What YEAR mobile? Pre-HUD is June 15, 1976 and those are hard or impossible to finance.
IS THE LAND OWNED? There was a recent Q about whether it was real property on leased land.
Is it AFFIXED to the land (where the taxes are for the entire thing and is real property)
Raised foundation or ground set? That affects financing or lack thereof.
Flood plain? That may affect financing.
(these are all things we deal with in the great state of AZ - ymmv!)
If you don't know for sure, research or turn this over to an agent who knows and just take the referral.
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Silvia Dukes PA, Broke...
Spring Hill, FL
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Fred Griffin Florida R...
Tallahassee, FL
1,847,781
It's not real estate & needs special financing. It will be hard to find I'm sure like it is in my area.
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Silvia Dukes PA, Broke...
Spring Hill, FL
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Fred Griffin Florida R...
Tallahassee, FL
2,459,733
It depends on your specific area and your broker would be the best place to start if you want more information.
When I lived in NY state previously, it was the same as a house in terms of the process, but if the mobile home was in a mobile home park, there were additional approval hoops to jump through. There were park rules, a credit application process for the monthly land fees, etc. Also, mobile homes are structurally different so different things are important in the inspection process (insulation below? what kind of skirting? what kind of foundation?).
Where I am now in MT, mobile homes can be private property or real estate. They both are handled differently. And in both sides of the country, mobile homes are definitely a lower price range. And they don't last forever.
I'm not a fan of this market segment.
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John Juarez
Fremont, CA
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Lyn Sims
Schaumburg, IL
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Ron and Alexandra Seigel
Carpinteria, CA
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Candice A. Donofrio
Fort Mohave, AZ
634,115
In Maryland it is like selling a car. There is a title instead of a deed. Does the MH sit on a lot owned by the same person? Can be complicated. We had an agent who became an expert at selling them years ago and we nicknamed him "King of the road" !
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Karen Climer
Orlando, FL
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Buzz Mackintosh
Frederick, MD
1,507,073
I'm going to second what Kathleen Daniels, Probate & Trust Specialist said. Refer it out or partner with someone who specializes in mobile homes, if it's something you want to add to your business practice long term.
A friend of a friend needed help finding a new place for their dance studio. I'm a residential agent. I refered it to a local commercial agent that I've served on association committees and the association Board of Directors with. He's smart and really knows his stuff. He found them a great place and I learned that there was a ton I didn't know about how commercial worked!
I have no immediate desire to add commercial leasing to my business (believe me, I have my hands full as it is with regular residential, investors and property management), so this was the best way for me to go.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
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Fred Griffin Florida R...
Tallahassee, FL
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Buzz Mackintosh
Frederick, MD
717,185
We sell these all the time - as long as they are on owned land and not leased land. They are treated just like a regular home, with the expection that certain dealer tags and foundation tie downs are necessary. Home inspection and financing are still contingencies. And repairs can still be negotiated.
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Tammy Lankford,
Eatonton, GA
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Fred Griffin Florida R...
Tallahassee, FL
420,003
Get title policy is it real estate? Is it on land they own? In a park, what are all the park CCR's, does HOA have to approve them? Tags in the water heater, year build, single/double/triple wide? What type of foundation does it have- pier/auger/blocks/skirting type? If it is real estate, after 1976, on approved foundation it can go FHA, if it is a vehicle then there also are loans but MUCH higher rates. That's a few of the things to get all the information before you list it. If it's a vehicle read about 320.77 Florida license required here: https://www.flsenate.gov/laws/statutes/2012/0320.77
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Fred Griffin Florida R...
Tallahassee, FL
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John Juarez
Fremont, CA
2,073,530
I have never sold a mobile home and have zero idea (no, that's not fair... less than zero) what's involved. I would seek out someone local who's knowledgeable, preferably an agent in your office (maybe your managing broker?) to team up with to learn from... even if it cuts into your earnings. It's a great way to learn the ropes, while minimizing the risk to you, your client and your office.
Good luck.
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John Juarez
Fremont, CA
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Lyn Sims
Schaumburg, IL
5,773,367
Austin,
I agree with Kathleen Daniels, Probate & Trust Specialist .
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
5,879,816
The rules in Denver may be different from Florida, so would reach out to your Broker for specific details.
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
250,399
Depending on what state you are in you may need to make sure that the "title" to the home has been retired. When manufactured homes are shipped from the factory they are get a "title" just like an automobile. If the home is put on a permenent foundation on land that title needs to be retired. If the buyer is getting financing they may also need to get an engineer to state that the foundation is suitable for the home and site. Check with your title company on all of this. Feel free to call me if you wish to discuss. Good luck.
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John Juarez
Fremont, CA
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Lyn Sims
Schaumburg, IL
5,246,545
So many issues! In some states you need a special license. Is the land owned by the owner of the mobile home? You need the title to the mobile hoe just like a car. Kathleen Daniels, Probate & Trust Specialist has the best suggestion, refer it!
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John Juarez
Fremont, CA
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Ron and Alexandra Seigel
Carpinteria, CA
2,785,606
I went to sell my first mobile home and just went to a dealer who sells used ones. He came and looked at it and made an offer explaining the market and procedures he has to go through before, during and after. He came and looked at it, offered a fair price and paid me within a week. Now he in turn put it up for sale so assume there was money left on the table for him and the buyer to be to come out on. Thats my first & last experience
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John Juarez
Fremont, CA
914,198
Probably varies by state, but sometimes it depends on whether it's mounted on a permanent foundation or not. Also, only certain lenders will do loans on mobile homes.
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John Juarez
Fremont, CA
2,163,483
Everything that Fred Griffin Florida Real Estate said. Also be aware that depending on the age of the home and type of financing sometimes a foundation certification is required. Is it a "mobile", "manufactured" or "modular" home. All three can look very similar and sometimes these terms are being used interchangeably which makes it a bit confusing. Depending on age, they may have different setups or specifications based on HUD requirements. Sometimes there may mobile home titles that need to be transferred but your title company will initiate that with the closing.
In your area manufactured homes should not be unusual so just be it will be worth learning about them. Maybe visit one of the dealers to get some information about the manufacturing process. Good luck.
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Fred Griffin Florida R...
Tallahassee, FL
1,326,624
This is a question best addressed to your broker.
Real estate laws differ somewhat from state to state. The mobile home may be considered real estate or it may be personal property.
Learning on the job at the expense of a seller is not a good idea.
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Joan Cox
Denver, CO
3,168,234
If you were in Georgia I would be happy to help. Fred seems to know about the ins and outs in Florida. I'd suggest having your broker assist with questions.
In Georgia it's not much different, just a few extra hoops to jump through with proper paper work. Titles are retired in Georgia when a home is financed for the past few years so less and less we have to deal with the titles now.
766,969
Don't do it. There are specialists that would love your referral and the time can be well spent elsewhere. There is too much liability taking on anything that we are not knowledgeable about.
2,195,824
In our state , Title Companies do not do the Conveyance of Title . You have to hold your own Settlement
902,538
Check with your local authorities. One basic difference is that generally mobile homes do not own the land on which they sit and may not be considered real estate. Funding may be complicated too.