want to buy a home in a trailer park!

[Rui M]

I'll make this short and simple.

I have a few questions about buying a home in a trailer park, mainly i was wondering if it is considered real estate at all?


Another topic altogether i am concerned about financing, i am self employed but earn an average income 60-80k. Very little debt and good credit.

If any brokers or agents can help me out, i am looking to make some moves asap.


Pm me with contact imformation please.

[masoncgy]

Mobile homes are indeed considered real estate.

With respect to land, it depends... sometimes you purchase and own the piece of land underneath the mobile home outright and sometimes you lease the land.

Nothing wrong a mobile home... especially recent builds... they are nicely equipped and very affordable!

My wife used to own one out in Brooks... and made a great return (300%) on the structure itself when she sold it a few years later, but the land underneath was leased.

[barmanjay]

pm'd

financing can be tricky for some as the lenders will want proof that the mobile cannot be moved

ie: on a foundation or on ties of some kind, no wheels and etc.

especially harder if you don't own the land.