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Will You Add? - Buy And Sell Mobile Homes In Your Park
Florida health insurance companies are now feeling the effects of the increased price transparency that the Internet brings. Now longer is it a process of days or even weeks to obtain multiple health insurance quotes from top Florida health insurance companies. The simplest and most efficient way to obtain health insurance in Florida is simply to make the top health insurance companies in the state (Golden Rule/United Healthcare, Aetna, and Humana) compete for your business!If you cringe at the thought of a United Healthcare agent, an Aetna agent, and a Humana agent all clustering around you amongst a swarm of other Fl
Then they come to your mobile home park. You have a mobile home for sale. The previous owner had a job transfer, and after trying to sell the home for $8,000 for a couple months, he was desperate. He was still paying lot rent, after all. You offered him $5,000 and he thanked you for resolving his problem.
You paid $100 for someone to clean up the home and put a price of $12,000 on it. Why so high for a mobile that might
Google’s year has been experimentally breath taking to get involved with various controversies and lawsuits. It took an experimental offline print ads engaging giant news paper and magazine publications into its advertising endeavors. It recently acquired the YouTube that is identified with copyright law violations and that had brought additional revenues for video advertising. It was subsequently sued in Europe for numerous accounts in violation of the trademark and copyright laws. It allegedly aired the documentary film of Bush Family and Hussein’s without the permission of the film producer who eventually filed a damage su
What is the value of a mobile home? That depends on several things. You might think that the biggest factor influencing the market value of a mobile home is how nice the home itself is, but often this comes third, after location and ease of purchase.
In Durango, Colorado, for example, an old mobile on a rented lot might sell for more than $40,000. Why would it sell for more than many new mobile homes? Because it's a town many people want to live in, with high rent rates and houses starting at $180,000. Also, due to zoning, they aren't building any more mobile home parks.
In other words the biggest part of that price is paid for being allowed to live in that particular mobile home park in that town. Drag the mobile away and it might lose 80% of its value. Location, then determines value. But you can't move your park, so let's look at what you can control.
Create Value By Making Buying Easy
What is a mobile home worth? One important determinant is how easy it is to buy. Let's look at an example.
A young couple wants a nice mobile home. They like the new ones, which cost about $30,000. With the required 10% down payment the available financing is at 14% on a 10-year amortization. This means a payment of $420 per month, plus lot rent of $280 per month. That seems too high for housing costs, but then rents in the area are that high, and they would rather own something.
The problem they have is that they don't have the $3,000 needed for the down payment, nor do they have the money needed for moving the home to a park, and to pay the various other expenses, like the deposit for the park. They only have about $1,000 in the bank. A common scenario these days.
They decide to start looking in the mobile home parks. They find many nice used mobile homes that are selling for $12,000 or less. The problem is that nobody wants to finance older mobiles, so they have no way to buy one.
Then they come to your mobile home park. You have a mobile home for sale. The previous owner had a job transfer, and after trying to sell the home for $8,000 for a couple months, he was desperate. He was still paying lot rent, after all. You offered him $5,000 and he thanked you for resolving his problem.
You paid $100 for someone to clean up the home and put a price of $12,000 on it. Why so high for a mobile that might
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In other words the biggest part of that price is paid for being allowed to live in that particular mobile home park in that town. Drag the mobile away and it might lose 80% of its value. Location, then determines value. But you can't move your park, so let's look at what you can control.
Create Value By Making Buying Easy
What is a mobile home worth? One important determinant is how easy it is to buy. Let's look at an example.
A young couple wants a nice mobile home. They like the new ones, which cost about $30,000. With the required 10% down payment the available financing is at 14% on a 10-year amortization. This means a payment of $420 per month, plus lot rent of $280 per month. That seems too high for housing costs, but then rents in the area are that high, and they would rather own something.
The problem they have is that they don't have the $3,000 needed for the down payment, nor do they have the money needed for moving the home to a park, and to pay the various other expenses, like the deposit for the park. They only have about $1,000 in the bank. A common scenario these days.
They decide to start looking in the mobile home parks. They find many nice used mobile homes that are selling for $12,000 or less. The problem is that nobody wants to finance older mobiles, so they have no way to buy one.
Then they come to your mobile home park. You have a mobile home for sale. The previous owner had a job transfer, and after trying to sell the home for $8,000 for a couple months, he was desperate. He was still paying lot rent, after all. You offered him $5,000 and he thanked you for resolving his problem.
You paid $100 for someone to clean up the home and put a price of $12,000 on it. Why so high for a mobile that might
Do you own a small company and are you interested in making sure that your message to your customer is indeed the right one? Do you have a competitive advantage over the competition? Have you identified that competitive advantage? If you do not find a competitive advantage then your competition will out sell you.Have you informed your target market of this advantage and what it means for them when they buy your product or sign up for your services? Once you identify your competitive advantage or advantages then of course you need to educate and inform your potential customers, target market, prospect and the public of
Create Value By Making Buying Easy
What is a mobile home worth? One important determinant is how easy it is to buy. Let's look at an example.
A young couple wants a nice mobile home. They like the new ones, which cost about $30,000. With the required 10% down payment the available financing is at 14% on a 10-year amortization. This means a payment of $420 per month, plus lot rent of $280 per month. That seems too high for housing costs, but then rents in the area are that high, and they would rather own something.
The problem they have is that they don't have the $3,000 needed for the down payment, nor do they have the money needed for moving the home to a park, and to pay the various other expenses, like the deposit for the park. They only have about $1,000 in the bank. A common scenario these days.
They decide to start looking in the mobile home parks. They find many nice used mobile homes that are selling for $12,000 or less. The problem is that nobody wants to finance older mobiles, so they have no way to buy one.
Then they come to your mobile home park. You have a mobile home for sale. The previous owner had a job transfer, and after trying to sell the home for $8,000 for a couple months, he was desperate. He was still paying lot rent, after all. You offered him $5,000 and he thanked you for resolving his problem.
You paid $100 for someone to clean up the home and put a price of $12,000 on it. Why so high for a mobile that might
Life insurance settlements, which began during 1980s, refer to purchase of existing life insurance policies of either senior citizens or ill people. For example, if an insurance policy holder is in bad need of money for the treatment of his serious disease like cancer, heart problem or AIDS, he/she can opt for life insurance settlements with some other people. They will sell their policies to the highest bidder and get around 50 to 60 percent of the face value of the policy, which they can use for the treatment and the purchase of expensive drugs. Even senior citizens over 65 years of age can sell their policies to others for
The problem they have is that they don't have the $3,000 needed for the down payment, nor do they have the money needed for moving the home to a park, and to pay the various other expenses, like the deposit for the park. They only have about $1,000 in the bank. A common scenario these days.
They decide to start looking in the mobile home parks. They find many nice used mobile homes that are selling for $12,000 or less. The problem is that nobody wants to finance older mobiles, so they have no way to buy one.
Then they come to your mobile home park. You have a mobile home for sale. The previous owner had a job transfer, and after trying to sell the home for $8,000 for a couple months, he was desperate. He was still paying lot rent, after all. You offered him $5,000 and he thanked you for resolving his problem.
You paid $100 for someone to clean up the home and put a price of $12,000 on it. Why so high for a mobile that might
Most of the people in New York prefer to rent their houses instead of buying one, as the real estate market here is seen as overpriced. New Yorkers who want to buy a house and who wish to raise some cash against their existing properties, have the option to purchase a mortgage. There are various types of mortgages offered to borrowers to choose from. Adjustable rate mortgages are one of the most popular options as it offers flexibility to the borrowers.The rates offered at the start of the mortgage are generally lower than, the prevailing market rates at the time. This means the first adjustment in the rates, during th
Then they come to your mobile home park. You have a mobile home for sale. The previous owner had a job transfer, and after trying to sell the home for $8,000 for a couple months, he was desperate. He was still paying lot rent, after all. You offered him $5,000 and he thanked you for resolving his problem.
You paid $100 for someone to clean up the home and put a price of $12,000 on it. Why so high for a mobile that might be worth $8,000? Because the price isn't just about the mobile. The young couple like it. You tell them that you won't budge on the price, but you will take just a $500 down payment, along with the first month's lot rent. They can afford that. They will pay the balance at $160 per month, with interest at 12%. It will take a little over 10 years to pay it off. They buy it.
Now lets look at this from their perspective. They have a place to stay that they own. It will have some value once paid off. How much? It doesn't really matter. Their housing cost is a couple hundred less per month than if they rented an apartment or bought a new mobile. That means that in ten years they will have spent almost $30,000 less for housing than if they took one of the other alternatives. How could they be worse off. Also, this may be their only option if they want a mobile home, since they have so little cash saved.
How did you do? You made a profit of $7,000 on the mobile, plus you get 12% interest not just on your $5,000 investment, but on the whole balance owed ($11,500 to start). That's a great return on your investment. Now do a dozen more of these.
These opportunities will arise regularly. The owners of the homes need to sell quickly to avoid paying lot rent for months while also paying the expenses in their new home. Selling a home can be a lot of work too. If they hire a sale's agent they'll pay a commission. You can tell them honestly that you buy mobiles to make a profit and can't pay much, but you'll pay cash right now. Many will be happy that you resolved their problem.
On the other end, you can help buyers without cash. As the owner of a mobile home park, you get to say who stays and who goes. That gives you a good degree of control. That control makes it relatively safe for you to sell a mobile home with a small down payment. Remember that in the above example you only have $4,600 invested after your $100 clean-up and receiving the $500 down payment. Even if the new buyers trashed the place and walked away a year later, you will still be able to resell at
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