Irishparking, Home Buyer in Rockport, ME

want to sell land 7.8 acres but mobile to old to finance , need answer

Asked by Irishparking, Rockport, ME Tue Dec 25, 2012

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If the well, septic and driveway are in good shape, then you certainly have an asset that has some value. Is the trailer on a concrete pad? Is there a garage? I think there are a lot of people looking for a lot to place a new trailer on. This could be perfect.
0 votes Thank Flag Link Tue Jan 8, 2013
We see this fairly often, and there is a buyer for everything, so you have options. You don't say whether the mobile is in decent condition or not. You could remove the mobile (sell it or give it away as personal property to someone who will haul it off) and then sell the land. Or, you could sell the mobile on the land (real estate), but if the mobile is not habitable, the value of the property is pretty much reduced by a buyer's cost of removal/disposition. You are probably looking for a cash buyer, or you could offer Seller financing. Depending on how old the mobile is, there may be a local bank who will offer financing. If you work with a real estate agent in your area, they can view the property, recommend as to value, and make appropriate suggestions - - they may be able to list the property as a single family home and also as land so that anyone looking for either type of property will find it. Good luck!
0 votes Thank Flag Link Wed Dec 26, 2012
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