$200.00 a month lot fee. Just to keep the mobile home on the lot. Most lot rents are $150 to $160 including the water, trash, and sewer. Is that bull or what?
2006-09-09 04:09:35 · 6 answers · asked by Anonymous in Home & Garden ➔ Other - Home & Garden
this lot rent does not inculed water, trash, or sewer.
2006-09-09 06:08:27 · update #1
not a bad deal at all really you need to just go with the flow in one year you can move it so why worry the jokes on them
2006-09-09 04:13:02 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Just consider that they are increasing the price of the mobile by $200 x 12 = $2400.00 plus all the additional utility disconnect and reconnect fees and all the cost that you will incur for the water, trash and sewer that you might incur by leaving the mobile there for the year and then moving it over the cost to move it immediately.
Is the home worth the total cost once all these additional items are included?
Are you willing to live in the surroundings?
If they were owner financing the mobile it could make sense for them to require a one year period to build up some buyer equity before they allow their property to leave their physical location. If you are buying it paid in full in cash, this does not make sense except as a way for the seller to increase their selling price.
The buyer has to decide whether this increase in price, the disruption of home life and location, and surrounding influences is worth it.
Perhaps there are some calculators somewhere that can help calculate the value of a used mobile based on its amenities and condition much like the Kelley blue book does for cars. This might be a very helpful guide for you.
2006-09-09 04:31:21 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I know people who are paying over $300 for lot rent and that is not unusual. It includes water, sewer,trash and snowplow of streets.
Make sure the $200 is a locked in price for a year. This is in Michigan. It probably depends on where you live.
2006-09-09 04:16:45 · answer #3 · answered by stargazer 2 · 0⤊ 0⤋
If the 60 twelve months previous rather needs to purchase a cellular abode, he ought to pay money IF he has different money for liquidity in case of emergencies and as retirement income for destiny use. If he nevertheless has income from a job and continues to be contributing to 401K and Roth IRA, then circulate forward, purchase it loose and sparkling. 60 years previous is an exceedingly undesirable time in life to handle a loan. yet, he shouldn't placed himself right into a "money undesirable" subject, with the aid of fact there is not any fairness loan accessible for a cellular abode ought to the gets up later.
2016-11-06 23:35:17 · answer #4 · answered by ? 4 · 0⤊ 0⤋
The deal may be good, but beware of fraud. Do you know the seller? If so, you're probably cool. If not, make sure it's all done in writing. Oral contracts pertaining to real estate are generally not enforcible (i.e. you might pay this money and never get the mobile home.
2006-09-09 04:18:01 · answer #5 · answered by Thomas C 3 · 0⤊ 0⤋
it all depends on where it is. Is it in a full time ghetto community or is it in a nice community?
2006-09-09 04:12:04 · answer #6 · answered by hicksvilleny 2 · 0⤊ 0⤋