You might decide to sell your home for a variety of reasons, and the good news is you you have several selling options. You might try to sell your home on your own, work with a conventional real estate agent, or sell it to an Montgomery County investor.
5 Useful Things to Know About Selling Your Mobile Home To an Montgomery County Investor
Understanding the Buyer
Professional mobile home buyers in Montgomery County, PA often close faster than traditional mobile home buyers, and usually pay full in cash. The reason behind this is that traditional mobile home purchases have specific requirements that must be met. These include mortgage underwriting, qualifications from banks, and property inspections. The downfall is after all of this the buyer may not end up qualifying. Another upside to using mobile home investors is there are normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings.
The typical commission in a home sale is 3% per side, so if you sell yours for $200,000, you would have to pay $12,000 in commissions alone! Some mobile home investors may not charge transaction fees. For the ones that do, they are extremely low when compared to the commission or closing costs you would have to pay otherwise. Mobile home investors may also provide mail-away closings which is a wonderful thing for out of state owners.
No Preparation Necessary
Mobile home buyers in PA typically purchase mobile homes as-is. This is beneficial for you as a seller because you do not have to worry about repairs or any other additional unexpected expenses before you close. Some companies do not require inspections which makes it a truly as-is transaction.
Professional mobile home investors are in it for the investment. They are not going to move into the mobile home on the day of closing. Most mobile home investors will work with you on a move-out time frame after closing. This helps you to relocate at your own pace, which is extremely helpful because of the fast closing time frame. Even better is, you might not have to clean the mobile home when you leave. You can simply pack your personal items and furniture you want to keep and leave the rest. The mobile home investors will take care of everything left!
Sell With Confidence
When you choose to use a professional mobile home investor in Montgomery County, PA, you will not have to worry about going through a roller coaster of emotions. No more phone calls smack in the middle-of-dinner asking if you are available to show your mobile home. You won’t have to leave your mobile home spotless every day before heading to work, just in case there is a showing while you’re gone.
There is no need to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you numerous questions that you really shouldn’t answer anyway. Even better is you won’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving.
Selling to a professional mobile home buyer is straight forward. They will lay out every step of the process. Plus they usually have shortened, very clear contracts that are simple as-is purchase agreements. Selling to investors also lowers your exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know about or you didn’t disclose. Nor will you have to worry if they don’t like something about the mobile home or the neighborhood.
Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were deliberately misconstrued. Professional mobile home buyers already know the state of the property, and they are willing to take on that risk.