The day where one needs to have moved out of their mobile home and be ready to continue on to their next chapter in life.
While closing day can be met with excitement, and, sometimes, sadness, it needs to be understood on how long one can delay the closing date for the sale of your Sarasota Florida mobile home sale.
Before we get into discussing the reasonable time frame for which a mobile home Seller can wait to close on their mobile home sale we first need to stress the fact that the Buyer of the mobile home needs to be park approved.
As discussed in previous blog entries, it is of utmost importance that every Buyer get approved by the mobile home park for residency prior to them closing on a mobile home.
The reason for this is that when working with a licensed mobile home broker in the Sarasota Florida area such as The Mobile Home Dealer, we need to always make sure that the Buyer is approved to become a resident so that there are no issues between the park and the Buyer prior to closing.
Most Sarasota Florida mobile home parks hold residents to the same standard if the Buyer is not approved prior to closing on their new mobile home then the park could deny lot rent payment from the new Buyer which could very well lead to their new mobile home being put in to the eviction process.
When a Seller is looking to sell their mobile home it is reasonable to request 30 days or less for the mobile home that they just sold to close.
Please note, this is 30 days after the Buyer has submitted an accepted offer and has been approved by the park. Not until both of these items have been successfully completed should the 30 day count down begin.
The reason why the 30 day count down should not begin for either the Buyer or the Seller until the Buyer has been approved by the mobile home park is because a park approval can take upwards of 2-3 weeks to complete in some instances. If the Seller agreed to begin their 30 day count down prior to the Buyer getting approved and for some reason, the Buyer did not get approved then the Seller would more than likely to packed up and ready to go only for their home to get put back on the market!
As one can see this could cause quite a few issues for the mobile home Seller in this instance.
Where mobile home Sellers get into a jam is when they request longer than 30 days post park approval for their Sarasota Florida mobile home to sell. The reason why a longer close date will cause an issues is because most mobile home Buyers are eager to move into their new home and are not willing to wait longer just because the Seller wants additional time.
As a general rule, if you are looking to sell your Sarasota Florida mobile home quickly, make sure you are ready to close within 30 days after the Buyer has been approved by the mobile home park. Asking for any additional length of time above and beyond that could very well leave the Buyer in a position where they will go and buy another mobile home.
This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.