So many great low prices on this site. The lowest priced Â properties are oftenÂ manufactured homes. Â The problem here is, you can't get financing because they are on land leases, and you have to buy them using half cash (50% down). In addition, the land leases are exorbitantly priced, adding an additional 800 to 1000 Dollars to the monthly cost of the "mortgage".Â
So the next available low-priced property is often a condo or town home, which Some agents might quickly want to switch you to.Â Suffice it to say, if you see a price in Santa Clarita under $150,000, you're looking at an ad that is not going to do you any good (Cough-cough ...waste of your time).Â
I say all this to plant the following seed in your minds as home searchers:Â
Start with a buyers agent such as myself, Rather than look through the listings,Â so that your time is not wasted on properties such as those.