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04011 : Real Estate Advice

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  • Local Info3
  • Home Buying2
  • Home Selling0
  • Market Conditions0

Activity 5
Vmbfa,  in Denver City, TX
Sun May 15, 2016
Vmbfa answered:
I work for a mobile home property management company. We pay the property tax on the land and the homes that are occupied as rental units. The residents in our communities are responsible for the homes property taxes (we pay the taxes on the land.) Depending upon the state in which you live either you will pay the property tax directly to city/county/school district etc or the property management will pay your taxes for you and add to your site rent. It is important to remember that not paying your property tax doesn't hurt the company, in fact the county can in fact put a lien on your home and seize it. As for maintaining your property, look at this way, now a-days most suburban & urban communities are now covenant controlled. Also, I ask you to realize that these communities can either be a "white trash" community or a great community to move through all phases of life. Our community managers deal with a lot if issues, complaints, district requirements (we have one community that has had so many restrictions placed on it because the rich community next door wants our land,) and a host of many things you probably don't realize....not to mention the pressure they get from our office...wow! I hope you living community is a pleasurable and enjoyable environment. Take care and thank your community manager for enforcing their rules! You probably live in a great area! ... more
2 votes 3 answers Share Flag
Ronald Hutch…, Real Estate Pro in Harpswell, ME
Wed May 15, 2013
Ronald Hutchins answered:
Hi Greg, Initially it was an issue with a serious decline in home values on the lower end of the price scale. Time seems to have resolved the issue and the market has rebounded in the Bath Brunswick and Harpswell markets. Lack of inventory is causing many multi offer situations on the homes that are priced correctly. Some areas are even seeing slight appreciation in the last 12 months or so. If you're considering buying, I hope you've decided to use a Buyer's Broker that will represent your interests not the seller's interests. Reach out to me if I can be of service. ... more
0 votes 2 answers Share Flag
Mccollum_jud…, Home Buyer in Brunswick, ME
Tue Mar 26, 2013
Mccollum_judith answered:
Yes, there are several kids on Tamarack Dr.
0 votes 4 answers Share Flag
Margaret Mit…, Real Estate Pro in York, ME
Mon Jun 20, 2011
Margaret Mitchell answered:
Hi Karen,
In Maine, mobile homes on leased land (in a park) are considered personal property. Most towns will assess real estate tax on the value of the home. But the assessment is only on the value of the structure. The land owner pays real estate taxes on the land. ... more
0 votes 2 answers Share Flag
xyz, Other/Just Looking in Pottsville, KY
Fri Aug 22, 2008
xyz answered:
To answer your question more specifically and directly, the base has already begun to transfer employees and many residents of Brunswick and Topsham have already put their homes on the market. So we are already seeing the impact as of right now. It is impossible to predict exactly how much further prices are going to fall, and it may take a couple more years to see the full effect, but if you wait for the base to actually close, in my opinion you will already be too late. Also, I don't believe Freeport area will be affected that much by the base closure. If you decide to buy in Freeport, now is definitely a good time. It looks like prices have started to somewhat stablilize since the crash, they may go down a bit further, but so might interest rates go up. It is difficult the time the market exactly right, but at least at this point you know it's low and a good time to buy. ... more
0 votes 6 answers Share Flag
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