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Question
I saw an ad on the internet regarding to we buy your home from West coast
mobile homes. We want to sell our 1999 Silvercrest double wide home . Our
home is in excellent shape and well kept up. We know that some
homeowners try to sell their home in mobile home park for years. Some of
them actually walk off their home for good. The problem is the lot space rent
is high. I remember our space lot ten years ago was $590 and now $1384.
We have an agent for this. The selling price is set at $52500. We want to
start off at $89000, but it not possible because of the high lot space. I was
going to write a letter to corporate about the lot space rent, but I don't think
I would not make any difference to them. We are stuck with this. Question.
Should we like for example west coast mobile home buy our home better or
worse? Second question. Should we contact a real estate lawyer on lot space
issue?
DOUG--
I'm not familiar with West Coast Mobile Homes, don't know enough details on your loan secured by 1999 Silvercrest Double-Wide-IE. Who's the lender,what's your Morgtgage Balance,ared you oin Default and beiong foreclosed upon. Haven't a clue on Space Rents wherever you are or what similar Manufactired Homes are selling for in you Market.
You need a Licensed Realtor and/or an Attorney in your community to help you with this.
Sorry--and Good Luck
--JIM
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Jim Root
Expertise
How to select the right Real Estate Salesperson & Loan Officer--ones who will serve your best interests! House-hunting tips & suggestions on selection of the home best for your family needs. Introduction to the Home Buying Process & all the "Players" involved.What is of utmost important to the Homebuyer? Real Estate Contracts & Negotiations, Appraisal needs, Title Co. involvement, Home Inspection issues& the Closing/Escrow systems, etc. Whatever your question, the answer will follow, whether from personal knowledge or research! Gale, shown here with me, has been a Real Estate Office Administrator, licensed Realtor & has served as my Research Assistant over the years!
Experience
Over 30 years as a "Real Estate Professional." including Real Estate Marketing & Sales, Appraisal work, Mortgage Banking & as a Realty Officer with U.S Dept. of HUD's FHA Homeownership Division in Alaska, Washington & Idaho! Some experience in Montana, California, Utah & Nevada markets!Knowledge of National Markets by continuous Research!
Organizations
Former member of Nat'l Ass'n of Realtors (NAR) & Mortgage Bankers Ass'n of America (MBAA). Currently with National Association of Review Appraisers & Mortgage Underwriters (NARA/MU).
Publications
Published in various local, state, regional & national Real Estate-related magazines & newsletters!Co-author of various Govt. publications on Homeownership, Appraisals & Mortgages while with HUD/FHA.
Education/Credentials
Associate Degree in Real Estate Studies plus:
Numerous Real Estate-related Courses conducted by the U. S. Government & Private Industry over the past 30 years.
Bachelors Degree in Mass Communications,
Masters Degree in Education/Teaching
Awards and Honors
Professional Designations: Certified Residential Originator (CRO) from MBAA, Registered Mortgage Underwiter (RMU) & Certified Review Appraiser (CRA) from NARA/MU. Outstanding Peformance Awards for 10 of the 12 years with HUD/FHA & numerous Sales/Listing Awards while a licensed Real Estate Agent.
Past/Present Clients
No longer selling/listing Real Estate, nor Appraising properties, nor working in the Mortgage business, this "Real Estate Pro" serves as Director of a Company that provides Professional Development Seminars & Workshops to the "Real Estate Industry" and provides free (as needed) & fee-paid (on a sliding scale) consulting & inspection services to members of the general public.Your questions will be answered without "salesmanship" & with your best interests in mind!
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