Mobile Home Auction Sales in Florida

[Erika Leal]

I am interested in finding out if anyone is familiar with used mobile home auction sales in central Florida? I'm investing in mobile home and land packages and need to find affordable mobile homes.

[Adrian Smude]

@Erika Leal I do not have an answer for you but would love to connect as I wholesale mobile homes on land and looking to learn and network in the MH area as much as possible.  

[Erika Leal]

Sure thing Adrian. I am starting out in this venture with the focus of helping out the people that want to own but cannot get a conventional loan. 

[Andriy Boychuk]

@Erika Leal you can buy mobile homes on auction for pennies because they are not popular. However, you should look for liens. I believe if I am not wrong, the lien stays with the mobile home even after the auction. 

@John Fedro what do  you know about auctions?

[John Fedro]

Hi Erika and the group,

Good question.

First let me understand something so we are all on the same page. When you say, "mobile home auction" what exactly do you see in your mind? Are you at a MH park that is auctioning off homes for some reason? Or at the courthouse steps? Or at a bank or deal's lot? Or something else? ... Either way I will be happy to give you some thoughts below.

When dealing with local parks you can get good deals as there are few folks bidding on abandoned homes that likely need work. With that said, there may be a handful or more bidders in very hot markets. Either way the park likely does not want you removing the homes from their park and will not likely sell to you if they know this. Again, I could be wrong and every park is different, however if the home is decent the park will likely want it in their community and they may fight you on this.Besides this issue if and when parks have auctions this can be a good place to pick up homes.

You will likely not be at your local courthouse steps for MHs that are personal property.

If purchasing from a dealer or bank (reo) type auction then by all means there may be something of value to be purchased. I have not found banks to be very negotiable, surprisingly.

Andriy, it depends very much on the lien type; gov't liens stay in most cases. In most areas the Title(s) will not be placed into the new buyer's name until these debts are satisfied.

I hope the words above have been helpful. If I completely missed the mark and did not answer your question fully please don't hesitate to reach out again. All the best.

Talk soon,
John Fedro

[Erika Leal]

@John Fedro Thanks. You have shed new light on this. I bought 2 acres of land from an investor and in talking he mentioned I could get a mobile home at an auction but he didn't elaborate on this. In my mind I was picturing something similar to a vehicle auction but that was just me being silly. So I figured there would be a repo place that would auction off the homes. I didn't know the parks do auctions. I will for sure look into this. I previously bought a used mobile home at a park but that was from the owner selling it online. I moved the home to my own land which am now renting out. 

[Jose Pino]

Hi group

Who know about mobile home auction? I wanna buy one for me. If anyone know i appreciate for it