How to Sell Your Mobile House For Cash in Dallas-Fort Worth
The initial step to take when you want to sell your mobile home quickly is determining whether it’s classified as real estate or personal property. A mobile home that doesn’t sit on land you own is considered personal property, while a mobile home that sits on land you do own is classified as real estate.
It’s important to understand the key distinctions between these two types of mobile homes, as that will dictate how you can go about selling it. A mobile home classified as personal property is more akin to selling a car than anything else, whereas a mobile home deemed real estate would be similar to offloading any other regular ol’ single-family home.
Selling Your Mobile Home as Personal Property
If you’re the owner of a mobile home but don’t own the land, it’s likely that you live in a mobile home park. When selling your residence, the park owner will need to be involved due to their significant influence over who you can sell your property to. Furthermore, the owner is entitled to first refusal – meaning they have the right to buy your home by matching any prospective buyer’s offered price. The potential buyer of your mobile home must exercise their right to inspect the property and be capable of meeting park rules and regulations.
Selling Your Mobile Home as Real Estate
Selling your mobile home is hard enough, but when you add land into the mix, it can get even more difficult. You have to worry about things like making sure the next owner meets all of the rules and regulations set by the mobile home park. However, if you’re selling just your personal property, then the process becomes much easier.
Price Your Mobile Home Correctly
If you want to sell your mobile home, it’s important to price it correctly. Prospective buyers will overlook a mobile home that is overvalued or undervalued. The value of your mobile home is based on whether you own the land it is on, as well as the condition, type, and age of the unit itself.
To price your mobile home, you first need to find comparable sales in your area. This can be done by searching online listings, talking to real estate agents, or visiting mobile home parks. Once you have an idea of what similar homes are selling for, you can price your mobile home accordingly.
If you’re selling your mobile home as personal property, you’ll also need to factor in the value of the land it is on. The value of the land should be deducted from the total sales price of the home.
It’s also important to keep in mind that most prospective buyers will want to negotiate, so it’s important to leave some wiggle room in your asking price.
Selling Your Mobile Home On Your Own
Although you could save some money by selling your mobile home on your own, be aware that you will have to do all the work a realtor would normally handle. This includes paperwork and advertising for potential buyers. Unfortunately, depending on a number of conditions such as the housing market and who your advertisements target, selling a mobile home can take longer than you would ideally like.
If you’re looking to sell your mobile home, speak with your park owner. They may have some ideas on how to advertise your home and get it sold quickly.
Using a Realtor to Sell Your Mobile Home
If you’re feeling lost and overwhelmed by the thought of selling your home, don’t worry—a realtor is here to help. With experience in both buying and selling homes, a realtor will be able to steer you smoothly through what can otherwise be a very rocky process.
Not only do realtors have experience, but they also have access to the multiple listing service (MLS) which is not available to non-realtors. By listing your mobile home on this website, buyers working with realtors will be able to see your property. In addition, your realtor should advertise your mobile home in other ways and use their connections to find potential buyers.
When you sell your home on your own, there is no way to tell how long it will take for the house to be bought. The sale could happen fast or slowly over many months.
Make sure your realtor has experience selling mobile homes before you allow them to market yours. There are a few key dissimilarities between the sale of manufactured and frame homes, so an expert in mobile home sales will know how to emphasize your home’s best features.
The downside of working with a realtor to sell your mobile house is that they will take a percentage of the mobile home’s final sale price, typically around 5-6%. This means you will end up making less money from the sale, but it may be worth it to have someone experienced handle the entire process.
Sell Your Mobile Home to a Cash Mobile Home Buyer
Looking to sell your mobile home as quickly as possible? We recommend selling it to a cash mobile home buyer instead of waiting for an individual buyer. This is the fastest way to sell your mobile home, and Mobile Home Offers will purchase it in its current condition no matter where you’re located.
We will give you cash for your mobile home and close the deal within 2-3 days. You don’t have to go through any type of financing, so it’ll be a quick and easy transaction.
If you’re concerned about the paperwork that typically comes along with selling a mobile home, let Mobile Home Offers take care of it for you. We will even reach out to your park owner on your behalf to make the process as smooth as possible.
If you are interested in selling your mobile home quickly and with little stress, a cash mobile home buyer could be your best bet.
We understand that you may be feeling overwhelmed, but there is no need to worry. We buy mobile homes in the Dallas-Fort Worth Metroplex and other surrounding areas every month. With us, you can sell your mobile home quickly and without any hassle.
Click on cash offer for my mobile house to learn more about how we buy mobile homes fast. You may also visit our Facebook page to learn more about us and our company. We buy houses in the following cities: