2006-06-18 09:41:57 · 12 answers · asked by star b 1 in Business & Finance ➔ Renting & Real Estate
The answer depends your county's laws and rules for classification.
Your mobile home is property. But, typically, when asking this question, I'm guessing how do you change the deed on the property to have it reclassified from a motor vehicle property to real estate.
Generally, you will need the following:
1. To own the land the mobile home is on
2. Permanently afix the mobile home to the property via permanent foundation
3. Typically be linked into public sewer/septic
4. Remove any wheels & axels
After that, you should be able to have the property retitled as real estate.
This is especially important here in Florida, because we have what's known as Homesteading. A homesteaded residence has significant tax breaks over one that is not.
Additionally, for mortgage purposes, you can obtain traditional financing for a permanent mobile home. If it is not permanent, you will have to seek automobile financing for the property...
2006-06-18 13:23:05 · answer #1 · answered by starke222 4 · 0⤊ 0⤋
Have an attorney "detitle" the mobile home. I work for a real estate company in SC. Detitling will combine the Mobile Home (which you would currently be paying vehicle taxes on) and the Land (property taxes) into one Property Tax bill. The attorney will have the appropriate paperwork filled out and recorded to make this happen.
2006-06-19 09:20:53 · answer #2 · answered by thetoothfairyiscreepy 4 · 0⤊ 0⤋
A mobile home (house trailer) is considered to be chattel, not real estate. A chattel is personal property (from the old English term for "cattle"). So, your mobile home is personal property. If you own the lot it sits on, then the lot itself is real estate, but the mobile home is personal property, and that's the way it will stay. If your question refers to having your mobile home classified as 'real property', it ain't gonna happen.
Now, if you totally redid it so that it was no longer a mobile home, that would be a different matter, but as long as you can tow it away on its own wheels it's a mobile home.
2006-06-18 09:52:11 · answer #3 · answered by Kokopelli 7 · 0⤊ 0⤋
I am in Colorado, and here once a mobile is payed for it can be "purged onto the land title. This is done at the DMV then you take it to the tax assessors office. But, bear in mind once that is done your taxes do go up, because it is now more valuable property.
2006-06-18 11:15:47 · answer #4 · answered by stillonlysith 2 · 0⤊ 0⤋
Contact your Clerk of Court /Assessor’s Office. Also, your department of motor vehicles department may have some information on how to classify the home as property. Good Luck!
2006-06-18 10:02:23 · answer #5 · answered by Planet Progress 3 · 0⤊ 0⤋
Take the axle of set it on a concrete slab and you chane the whole defination of your home ,in other words it become attached to the land and you pay property tax in stead of buying a tag every year
2006-06-18 09:51:32 · answer #6 · answered by howaboutit99@sbcglobal.net 2 · 0⤊ 0⤋
it particularly is a condominium property. you do no longer might desire to stay. verify at the same time with your community community centers or females's shield for some community help and preparation in making waiting a plan to leave. Take value and leave. teach your babies what a woman does to circulate forward whilst issues at the instant are not suitable.
2016-12-08 22:24:39 · answer #7 · answered by kemmer 4 · 0⤊ 0⤋
MY HUSBAND just listed his under mobile homes section in the local newspaper ( he owns 7 trailers).
2006-06-18 09:45:25 · answer #8 · answered by cats3inhouse 5 · 0⤊ 0⤋
if you put brick foundation (underpending) around the bottom it is considered a more permanent home than a mobile home.
2006-06-18 09:45:33 · answer #9 · answered by carolinaz_most_wanted85 4 · 0⤊ 0⤋
You may want to research this first. Taxes may be cheaper as it is! Depends on individual States. BUT, weigh ALL your options first! OK?
2006-06-18 09:59:01 · answer #10 · answered by Snaglefritz 7 · 0⤊ 0⤋