AboutDick Dennis Expertise With more than 37 years as a real estate broker, I can solve most any problem presented. If I can`t, I do my research. Problems with mortgages, trust deeds, foreclosures, odd ways of conveying titles. Most any good Realtor can answer questions satisfactorily, but I answer questions that most cannot. Also, ask about my hard-copy newsletter.
Experience Problem solving since 1980
Organizations National Association of Realtors
Publications Publishes The Landed Gentry, guest writer in Who's Who in Creative Real Estate, First Tuesday, Financial Freedom and many newspapers
Question I am trying to help my mother sell her double wide mobile home. It sits in a mobile home park in Kentucky. The lot is 100 feet wide and 200 feet deep. The mobile home is a 1999 Clayton double wide. It has 4 bedrooms, 2 baths, and a nice open floor plan. It has a fireplace and nice sized kitchen. She owes about $54,000 on her mortgage. What are the differences in selling a mobile home in Kentucky as compared to selling a site built home. Any suggestions about the sale of the home with some profit (she would like to make about $12 to $20K on the sale)? What should we do to ensure a quick and smooth sale?
Answer You don't say who owns the lot on which your mother's mobile home sits, Shane. If she pays rent on that lot, then she is going to have trouble selling it. Keep in mind, a mobile home on a rented lot is NOT real estate. It's the same thing as trying to buy or sell a car or truck. However, do not take my word for it. I strongly suggest you consult talking with a local mobile home broker in the area. My guess, you'll have trouble gaining 12 cents, much less $12,000. Go talk to that mobile home broker right away. I wish you well.
