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Updated about 9 years ago on . Most recent reply

User Stats

6
Posts
4
Votes
Jerry Langley
  • New to Real Estate
  • Orange City, FL.
4
Votes |
6
Posts

Older mobile home purchase advice

Jerry Langley
  • New to Real Estate
  • Orange City, FL.
Posted

Hello. My goal is to move to Florida for at least a year and decide whether or not Florida is for me. I was considering the purchase of a 1969 mobile home. I understand how old it is.

I just want an inexpensive place to stay while I look around.

I am concerned that if I decide to buy a home that I may be stuck with an old mobile home that I can't sell and continue to pay park rent. 

 What are the chances of selling this home a year or so down the line? I realize that park management would need to approve the new owner.  However, I am not familiar with the local real estate market for this type of property, (Volusia County). I don't want to be stuck for a long time unable to sell should I decide to purchase a house. The bank is gonna see park rent as a financial obligation . Any advice would be appreciated.

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