Repo Mobile Homes - Need advice!

[Lindsey Torres]

I have never bought a repo mobile home before....or any mobile home for that matter. I went out today and looked at a repo that is in great condition. It's on land, but the land is not for sale. Do I need to contact the land owners to make sure the MH can be moved? I know that I would have to ask this if the MH were in a park, but not sure about land.

Are there any pitfalls in buying repos that I should watch out for?

What would be a competitive offer (percentage of repair value) that I should offer? Just a general guideline.

Any other advice would be awesome.

Thanks!!!