There is no substitute for hiring an agent to represent you. And best of all if you hire an agent they will most likely be paid by the agent who is listing the house. If itâ€™s not going to cost you anything why wouldnâ€™t you hire a local expert? Your agent will be able to retrieve sales histories of all doublewides that have sold for the last 10 years and help you determine a market value.
On your own you would want to start by visiting the property. The listing agent will be happy to show it to you. However we are bound by law and ethics to get the best price for our clients. So the listing agent will not be a good person to make pricing recommendations.
Once you have viewed the property pay a visit to the town hall. There they will be able to tell you the tax assessed value of the property. Most homes sell in the ball park of their assessed value. You can also ask for a sales history on that property.
While you are at the town hall go to the code enforcement office and get a copy of everything they have on the property.
Next you will want to go to your county registry of deeds. There you will be able to determine if there are any mortgages owed on the property. In some cases you will be able to determine the original loan amount and date. You can then guestimate the remaining balance. You may also learn that the land or land and trailer were left to the owner by a diseased relative. This information would be useful in determining an offer.
Finally youâ€™ll need to find examples of similar properties. You will have a hard time finding data on sold properties, but you can find something similar on Trulia that is currently on the market. If you find something similar with an asking price of lower than 90K you could offer that.
I donâ€™t represent clients in Abbot because I do not know that market. However I can help you locate an agent. Just send me an email to me firstname.lastname@example.org and let me know that you would like an Abbot expert to call you. I can use statistical information to find an agent that has a lot of experience with this type of home in that market.... more