Chicago, IL · Member since 2014 · 91 posts · 32 votes
8y
It gets complicated if in the lease all sales need to be approved by the park. If they reject your application according to the lease you may not be able to purchase the home. Technically, if you are willing to fight it you can move the home if you have the title to it and all lot fees are current. Look through the rules and regs and the existing lease to see what notice is needed to move the home out.
Make sure you understand the full costs of moving the home, not sure if you looked into it but it can add thousands to the price along with thousands to set it up someplace new.
Chicago, IL · Member since 2014 · 91 posts · 32 votes
8y
It gets complicated if in the lease all sales need to be approved by the park. If they reject your application according to the lease you may not be able to purchase the home. Technically, if you are willing to fight it you can move the home if you have the title to it and all lot fees are current. Look through the rules and regs and the existing lease to see what notice is needed to move the home out.
Make sure you understand the full costs of moving the home, not sure if you looked into it but it can add thousands to the price along with thousands to set it up someplace new.
Rental Property Investor · Charlotte, NC · Member since 2018 · 76 posts · 49 votes
8y
@Bob Jones, get the title in your name and the home is yours. Then the park cannot stop you from moving it unless there's some extreme nuance in a local ordinance (I've never heard of this but it can be a possibility). As always check w/ a local RE attorney.
San Antonio, TX · Member since 2009 · 3k+ posts · 1k+ votes
8y
@Bob Jones Before you buy it, just be sure it's current on lot rent and free of any liens. If there's a lease on the lot, usually you'll have to pay it in full on what's owed in the contract before you can move it. You may want to talk to the park manager to go over your options. Good luck!