How To Close On A Mobile Home Virtually
With all the advances in technology that we have become so accustomed to using daily, does that mean that you can close on your new mobile home virtually as well?
By virtually, I am referring to the question of, if you, as the new mobile home Buyer, physically need to be in person on the day of closing to ensure that your mobile home is purchased correctly.
The direct answer to this question is, no, you don’t have to be present.
The majority of the homes that we at The Mobile Home Dealer sell are to out-of-state Buyers who are buying their new mobile homes virtually.
Many of these sales are done with Buyers who have never been physically at the property before purchasing their mobile home in the first.
Most of the time, these Buyers have already seen the detailed virtual tour we offer on all of our homes before they connect with us to discuss their interest regarding their new mobile home purchase. After we speak to a Buyer to better understand their needs we always offer to set up a video chat with them with a one-on-one viewing so they can have a private tour of the home to see exactly what they want that the virtual tour may or may not show. A lot of times, these things can be the opening and shutting of doors, looking at the closets, turning on lights or running the water, running the dishwasher, you name it we have been asked to do it!
It is not uncommon for all of our agents to do this at least once if not more than that with each Buyer who is out of state and interested in a mobile home.
If you see a home for sale by one of our agents and are interested in learning more but do not feel like you have the time to come down to Florida just to take a look at the mobile home before it sells do not let this be a deterrent to your purchase at all. We at The Mobile Home Dealer will always be happy to set up a time to give you a private video tour of the home to help you get a better idea of exactly what the home is and what the home is not so that you feel as comfortable as possible before moving forward with your new mobile home purchase.
Now, how is that may you ask? Well, one of the reasons why is because, especially throughout the COVID pandemic, many Buyers were unwilling to take a separate trip to the Sarasota Florida area to simply view a mobile home they might be interested in purchasing.
In our experience, the Buyer would see the home online, take a look at the detailed walkthrough videos that we put together on every property we list, and then contact us directly to ask more specific questions about the mobile home they were looking at. Many times, these questions would lead to a private virtual showing for the Buyers through a FaceTime call between a team member at The Mobile Home Dealer and the Buyer.
For those who are unaware of what FaceTime is, this is the ability to have a video call between yourself and anyone you want to speak with. Almost every cell phone at this point has this feature and we use it daily at The Mobile Home Dealer speaking with Buyers and Sellers.
During this FaceTime call the Buyer many times would ask our team members to check on specific things that the video may not have touched on. These requests could be turning on the air conditioning, opening up and closing windows, showing the electrical panel, and taking a look at the water heater just to name a few common requests made by the Buyer.
Each time we have had one of these calls, we are more than happy to get them scheduled and complete whatever detailed walkthrough task the Buyer asks of us to do!
Regarding the paperwork to close on a mobile home on leased land, there is very little that needs to be done by the Buyer. We, at The Mobile Home Dealer, use a power of attorney form as well as a purchase contract. The Seller and Buyer can complete their signatures at their leisure by having us send them these documents with a prepaid return envelope.
The only items that the Buyer will need to provide us, other than basic signatures on the documents mentioned above, is a copy of their driver’s license or state identification card, as well as separate checks for the purchase both to the Seller and to The Mobile Home Dealer.
Closing on a Sarasota mobile home virtually is a relatively simple process. First, contact your real estate agent or lawyer to discuss the details of the closing. You will need to provide them with the necessary paperwork and documents for the transaction. Once you have agreed to the terms of the deal, make sure all paperwork is signed electronically. The seller will also need to sign documents to complete the sale.
Next, locate a reputable title company to handle the title transfer. Make sure they have experience with mobile homes and can provide a detailed title search. They should also be licensed in the state of Florida. Once the title transfer is complete, your real estate agent or lawyer can arrange for the closing to occur through a videoconferencing platform such as Zoom or Skype.
At the closing, you and the seller will need to review and sign any necessary documents. Your lawyer or real estate agent will provide instructions to do this securely and will send the documents electronically if needed. Be sure to ask questions if you don’t understand any of the paperwork.
Finally, once all the paperwork is signed and all fees are paid, your lawyer or real estate agent will provide the paperwork for the title transfer and coordinate with the title company to complete it. Once the transfer is finished, you will be the proud owner of your new Sarasota mobile home!
Guys, that’s it. when purchasing your mobile home from a licensed mobile home Broker, like The Mobile Home Dealer, trust in our process and that you do not physically have to be present to close on a new mobile home, as we will be happy to take care of everything for you!
The Mobile Home Dealer are licensed mobile home brokers in Sarasota Florida and the surrounding areas. We provide professional buy and/or sell assistance to our clients. If you have any questions, please contact us by clicking this link. You may also visit our Facebook Page and send us a message.
This is Mark Kaiser with The Mobile Home Dealer and we help mobile home Buyers and Sellers get to a better place in life.