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Posted over 3 years ago

Its Time To Start Looking At Homes And Start Making Offers

 Its time to start looking for homes to make offers on by searching Facebook, craigslist, putting out bandit signs and driving through the parks that you want to purchase homes in.
It could take a good bit of time to locate a home that you want to get under contract but if you are very persistent I'm sure you will find a home to buy. Once you find a home that you are interested in and you get an accepted offer from the seller its now time to do your due diligence on the home and the park itself to make sure of the condition of the home and also make sure the park will work with you on buying the home. Some parks will require you to pass a credit/background check to be approved for the park, I will offer a few words of caution here if the park takes weeks to approve your checks to let you buy the home you are in the wrong park because they will take a long time to approve your buyer as well and they most likely do not want you in the park but just won't tell you, it takes less than 1 hr to do these checks to get you approved, we do this for our buyers very easily, once you do get approved the last step for most parks will have you sign on the lease to guarantee lot rent, yes you will be responsible to pay lot rent if you don't do this most parks will not let you work in their park. Now that you have completed all your park paperwork you should be able to get title or bill of sale from seller, some states require both and some just require a title, best thing to do is contact your local DMV to find out what they require. I would like to caution you against buying the home without a title because you may not be able to sell in your area without it.

Happy Investing



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