merstis, Home Buyer in Canyon Country, CA

A 2010 mobile home listed at 139,900. Property taxes show assessed value at 969 what is a fair 1st offer considering condition, appliances, etc.?

Asked by merstis, Canyon Country, CA Wed Mar 27, 2013

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Also please understand that if the home was built after June 15, 1976 it is not a "Mobile Home". It's a "Manufactured Home".
0 votes Thank Flag Link Thu Apr 25, 2013
I'm assuming this is in a resident owned MH community or on a private lot/parcel. First, much like a site built home on real property you can't base the value of the home on the assessed value. It must be based on the "Market Value"

I suggest you get a CMA from a reliable RE professional and proceed from there. Realize that we have slipped from a buyers market to a seller's market thereby creating a challenging inventory scenarilo. The next target will be MH's in resident owned developments.
0 votes Thank Flag Link Thu Apr 25, 2013
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