Re: Mobile home values

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Re: Mobile home values

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Posted by Jane Frazier on February 24, 2001 at 13:03:38:

In Reply to: Mobile home values posted by Jill on August 01, 2000 at 16:55:25:

I have a question about whether it makes any sense to buy a mobile home in a park. We have owned a mobile home before on our own land.
I don't know how much the resale value would be in a park after 5 or 10 years.
We would put down about $64,000 cash , including set up , awnings, porch, etc.... It seems like a lot to lose if we have to sell. It is however a senior, County owned park, rents are $390 a month, no one under 55 admitted. All mobile homes going in are new. The park still has more phases to complete.
How much tax is owed to the county each year if we only own the mobile home?
Any advice you can give will be helpful.

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Comments: : : I have a question about whether it makes any sense to buy a mobile home in a park. We have owned a mobile home before on our own land. : I don't know how much the resale value would be in a park after 5 or 10 years. : We would put down about $64,000 cash , including set up , awnings, porch, etc.... It seems like a lot to lose if we have to sell. It is however a senior, County owned park, rents are $390 a month, no one under 55 admitted. All mobile homes going in are new. The park still has more phases to complete. : How much tax is owed to the county each year if we only own the mobile home? : Any advice you can give will be helpful.
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