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Question On Appraisal Of Modified Manufactured Home

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Frankly the only way I would buy a manufactured home is if it's the last resort and it's the only thing one can afford. I've had friends that live in them and they regret the day they bought it. Unless you go to a high end one everything about them is cheap. And if you buy a high end one why not just get a modular. I don't care what some say lenders don't like them. Rates are higher and resale stinks. And by the way you have to really keep up the maintenance on manufactured homes. Cheap cheap cheap.
 
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Terrel L. Shields said:
https://moneyish.com/splurge/itll-c...-mobile-home-in-a-trailer-park-in-california/

The seven-figure mobile home isn’t just limited to California. In Tavernier, Florida near Key Largo, the Sunset Acres community boasts 71 homes, like this two-bedroom, two-bath mobile home for roughly $1.4 million.


Like in California, this home is located in a pricey real estate market​
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People are buying the location; not the house. I doubt the OP has a million dollar location. The question I would have is, "What's the site worth without the house?"
 
CANative said:
Show me the proof.
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I acknowledge I'm not holding up my end of the bargain. I wouldn't call you a liar if you said the chart below has limited validity in the discussion of modular v manufactured v RV.

But...Far as I'm gonna go.

Capture1.PNG


To answer your other question, Not around any manufactured homes. I did 1 when was training out in the sticks and for $300 it's for the birds. At $2,000 I'd head for the hills and do them, but no one pays that so I decline the few I see a year. You have more physical inspection time over me by 100% of manufactured homes, still doesn't mean I can't read and listen to the market and its participants' take on them.
 
homesweethome said:
Frankly the only way I would buy a manufactured home is if it's the last resort and it's the only thing one can afford. I've had friends that live in them and they regret the day they bought it. Unless you go to a high end one everything about them is cheap. And if you buy a high end one why not just get a modular. I don't care what some say lenders don't like them. Rates are higher and resale stinks. And by the way you have to really keep up the maintenance on manufactured homes. Cheap cheap cheap.
Click to expand...

Cheep, cheep, cheep. A fool and his money are soon parted. Manufactured home salespeople would make used car salesman blush and consider a different line of work. Run Forest. Run!
 
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