Is the lot owned by the purchaser or is it rented? I don't see this anywhere?

Asked by bntheboys, San Luis Obispo, CA Sun Sep 2, 2012

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This question is about this property: http://www.trulia.com/property/3094390526-3395-S-Higuera-St-…

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2
David Norwood, Agent, ARROYO GRANDE, CA
Sun Sep 2, 2012
The mobile home you are asking about is currently NOT available, as it was cancelled due to illness. It was not a rental it was a regular sale.

However, I need to point out, to purchase this mobile home you will probably need at least 30% down ( $44,000 APX), and your taxes will be APX. $1,490,000 per year and the Space Rent is $567.00 per month. Your total annually Tax and Rent will be $6,806.00.

Considering you can by a $200,000 single family home with as little as down as 3.5% ($7,000.00) and have payments as low as $917,000 at 4%, it would cost less to buy a normal home that will gain equity faster than a mobile home.

Compare for yourself by using my mortgage calculator at http://www.dnorwood.com/MORTGAGE_CALCULATOR.aspx - Or call and I can provide you a lender that will be happy to explain the advantages of buying a normal home.

You can view all the AVAILABLE Central Coast Single Family homes, on my web site at http://www.dnorwood.com/MLS.aspx IN REAL TIME. If it is not on my web site it is not on the market.

Also, if you call me, I will be happy to send you a link to a MLS portal also in Real Time. 805-471-0828 David@Dnorwood.com - David Norwood – Central Coast Real Estate.
0 votes
Michael Byrd, Agent, Arroyo Grande, CA
Sun Sep 2, 2012
This listing was cancelled a couple of weeks ago. Space rent is $567 per month and it is an age-restricted park.
0 votes
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