Is this even worth my time?

[Chris H.]

Hello All,

I was approached recently by a family friend who is looking to move out of Colorado (Thornton area) They bought a manufactured home a couple of years ago and are looking to sell it so they can move in the next couple of months. I haven't gotten a lot of the details yet, but they did mention that they would likely have to do a short sale on the property. Their current mortgage is going for ≈ $1400 for the lot and the home. Im not sure what the market looks like for manufactured homes, and if this would even be something worth pursuing. Thanks for any tips and I'll update as I get more info, as it is severely lacking right now. Just wondering overall what the experiences have been like dealing with manufactured/mobile homes and if there's any money to be ade there since they seem to all sell for >90k out here.

[Paul Hitchings]

How smoothly a short-sale will go depends on four things 1)buyer 2)seller 3)agent(s) 4)bank.  Let's presume that every option has three variants, good, average, awful. 3^4 = 81. There are 81 possible ways for your deal to turn out. Isn't math fun?