Should I replace a 20 yr old mfrd home with a new mfrd home to sell in five years at a profit?

Barrett Metzler
Both Buyer and Seller
Pine Bluff, AR

I live in Pine Bluff, AR during the work week. The acre of land is valued at $20K and I owe 21K on the home and land. My job there ends in 4-5 years. I might be able to sell as is and break even. (26 K) My permanent home is 60 mi. away. I intend to retire there. Value $80 - 90 K. thebigbeartoo@alltel.net

Answers (1)
Jeff - Ginny Mi...
Agent
Vero Beach, FL
FIRST ANSWER

You should contact a good local Realtor who will be able to show you well-built single family homes that are being sold by motivated sellers and also homes being sold by banks that may be less expensive than buying a new manufactured home. Most importantly, the home will have the potential to increase in value while a manufactured home almost always decreases in value. The safety factor is important to consider also in your area that is vulnerable to tornadoes. Something to think about at least.

Sat Mar 21 2009, 08:38

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