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Or you can check our our website and give us a call or drop us an email. We are RE Brokers, Manufactured Home Dealers and licensed, bonded and insured General Contractors and have been actively engaged in the MH Industry statewide for almost 3 decades.
We also do "Lonnie Deals"
Web Reference: http://www.onthelevelcontractors.com
Tom Inglesby, Broker
RE/MAX Equity Group
ABR, CRS,Earth Advantage Broker, Certified Distressed Property Expert
Yes, I would stay miles and miles away from Manufactured homes or parks. In certain parts of the country they sell okay, but in the Portland area people have a terrible time selling them. The listing agent of any manufactured home is supposed to list it as such. They are Real-Property homes that look like double wides, but are not. There are completely different building standards for Real-Property verses manufactured.
I'd love to help you when you come home. You can see a unique buyers package at my website - lots of benefits. You can also sign up for the official monthly housing market report for Portland - very informative.
Hope to hear from you.
Stephen FitzMaurice, Realtor
I'm glad to hear that you will eventually be coming back to Oregon.
To answer your questions- Yes, I would say that the negatives still apply to purchasing a manufactured on Real land. These have all of the risks you listed.
You can buy a really nice piece of property wih a manufactured home. You just need to realize when you go to re-sell that's when you can feel the result of the downside to a manufactured home.
It's really, really difficult to sell a manufactured home in a tough Real Estate market. It can be tough in a good market too.
Most of the value, will be in the land only. There will be little value in the manufacture home, regardless of age. They depreciate so very quickly.
I would say, are you thinking long term or short term.
If you want to buy the land at a deep discount and eventually build a home. I can see an upside to that in the long term.
Short term, if we continue to depreciate I can't see an upside at this point. Not only will you be loosing value in the land, but also in the manufactured home too.
It's a personal choice. Manufactured have a personal upside. Lower maintenance, less expensive which is why people choose this route.
This market is so affordable for land with stick homes and land with Manufactured homes too. I don't see affordability changing much in the year to come.
You sound as if you are getting educated on your options to buy. Glad your asking for our imput.
I wish you the best in your decision.
Oregon- East Metro Specialist