I am looking to buy a redman trailer, 14x70, 1998 for 12000 bucks. I was just wondering if that was a good deal?
2007-08-26 09:50:46 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
I recently heard that insurability affected the value ,
And I heard that insurance companies will Not insure any manufactured over 10 years old (like that '98) .
BUT maybe there are some , check with your insurance agent to be sure .
If you can't insure it , you have to be willing to take a total loss in the event of an incident .
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2007-08-26 10:04:16 · answer #1 · answered by kate 7 · 0⤊ 0⤋
In my area, it depends greatly on whether it's considered real property (attached to land) or personal property.
If it's real property, you can have a knowledgeable, local Realtor pull comps for you. If it's personal property, you can try www.mhvillage.com. There is a link that allows you to pay on line and receive via email a market analysis for your home based on the data you enter. I used it once and did not find it all that accurate, especially in light of the $26.00 charge. T
You can also review county appraisal district records, but they too are often way off off actual market value.
2007-08-26 20:27:22 · answer #2 · answered by liveinaustin 3 · 0⤊ 0⤋
Do a search on your county auditors site and you maybe able to pull up comps of what other homes sold for.
Also so much of value depends on condition and improvements
2007-08-26 16:56:34 · answer #3 · answered by Kay 3 · 0⤊ 0⤋