Blog Articles & Resources

How Lower Mobile Home HOA Payments Cost You MORE MONEY!

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=hBvIeiny0r4 How Lower Mobile Home HOA Payments Cost You MORE MONEY! How does the title of this article make any logical sense? Don’t get confused with the title of this article and don’t assume that this is just clickbait because this is not. Hear me out first and thank me later! How can one pay a lower HOA payment per month and wind up still paying more money at the end of the day?! I know what you are thinking, “Mark, to your admission, you are not a math major, but you have this one backward, buddy.” Now, before you jump on this bandwagon about my lack of math skills, please hear me out on this one! We can all agree that one of the driving forces for purchasing a mobile home is a desire to obtain affordable housing. With skyrocketing real estate prices in...

Why Sarasota Mobile Homes Are Priced WRONG!

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=UQ9Zt5jd8zI How To Price Your Sarasota Mobile Home How are you able to obtain the most accurate way to price your mobile home that is for sale when the mobile home is on leased land? With the rising real estate market that we are all seeing throughout the country, it is natural to think that selling your Sarasota Florida mobile home is the right thing to do now in an attempt to cash in on all the Buyers looking to relocate to Florida. Is there a way that we as licensed mobile home Brokers in the state of Florida can state that without a doubt, your home is worth this amount? Most people in the mobile home industry would say yes. That the best way to do this is to look at other homes in the community with the same size and home sites, similar beds and baths...

How To Pull Sales Comps For Your Sarasota Mobile Home

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=68owRet98S0 How To Pull Sales Comps On Sarasota Mobile Homes Are you able to pull sales comps for mobile homes on leased land the same way as you can pull sales comps for single-family stick and brick homes? Before we continue, for the benefit of our readers, we must understand what are sales comps first. What are comps in real estate? Real estate comps are recently sold homes that are similar to the property you’re trying to buy or sell in terms of location, size, condition, and features. Comps – an abbreviation of “comparable sales” – are used to determine a home’s fair market value through the sales comparison approach to pricing property. Individual comps are assembled into a comparable market analysis and presented by a real estate agent to their client....

Should You Get An Inspection On Your Sarasota Mobile Home?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=GjC0UzBqraY Whether you are selling or buying a mobile home, a professional mobile home inspection can potentially save you a lot of money. The Mobile Home Dealer is not engaged in the business of mobile home inspection, but in this article, we will explain why you need one. Do mobile home inspections exist for mobile homes located on leased land? I have been asked several times already this year if a Buyer can get an inspection on a mobile home prior to purchasing the property. This is a great question and I feel it would be a good idea to go over some of the most common issues I have seen on mobile home inspection reports so far this year. Before we go any further, I would inform you that there are companies throughout the Sarasota area that do mobile home...

Common Issues With Sarasota Mobile Homes-Skipping Routine Maintenance!

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=6-zUwxtzNOU Do Not Skip On Your Mobile Home Maintenance! In the state of Florida, mobile homes are taxed as personal property and not as real estate property. This means that your mobile home is taxed similarly to your other possessions like vehicles. Vehicles need regular maintenance, and so is your mobile home How important is it to keep up on your maintenance on your mobile home when you do not live there full time? How about if you are looking to sell your mobile home and have already moved out, should you make it a point to keep up with the maintenance items even though you don’t live in the home? Unfortunately, these are not common questions that come up to us, and in turn, they become very common issues we wind up having to deal with when selling a...

How To Sell Your Sarasota Mobile Home For Less To Make More!

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=QtwKFnudHSQ How To Sell Your Sarasota Mobile Home For Less To Make More? The title of this video says it all. You can make more money by selling your mobile home quickly for less! I know what you are thinking, Mark, “have you lost your mind, buddy?” One of my ongoing jokes is the fact that I liked Geometry so much when I was growing up that I was able to take it not once but twice! Not being a math major, but having a very good education in the mobile home industry and what it takes to sell a home fast, for the most money, I feel like I can help clue you in on why my comment does make sense. All the homes that we sell at The Mobile Home Dealer are homes within mobile home parks on leased land. Having your home on leased land, does require a monthly payment to...

Common Issues With Sarasota Mobile Homes #1

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=lZTjmW_94u0 Common Issues With Mobile Homes in Sarasota Common issues with mobile homes in Sarasota include weather-related concerns due to the area's susceptibility to hurricanes and tropical storms. These homes may lack proper reinforcement against strong winds and heavy rain, leading to structural damage. Additionally, older mobile homes might have issues with outdated plumbing and electrical systems, requiring regular maintenance and upgrades. Moisture intrusion, especially in humid climates like Sarasota, can lead to mold and mildew problems if not addressed promptly. Moreover, issues related to land lease agreements, such as increasing fees or restrictive regulations, can impact mobile homeowners in Sarasota County. Vigilance and proactive maintenance...

What Is Needed For A Sarasota Mobile Home Park Approval?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=i-5pfhun9i4 When looking to obtain mobile home park approval for a mobile home park in Sarasota, what will you need to provide them? We here at The Home Dealer have a company policy where we will not sell a mobile home in a mobile home park to anyone prior to them obtaining and providing us their park approval. But why do we do this? As registered mobile home brokers in the State of Florida, we want to make sure that all Buyers are purchasing a clean, safe, and affordable property that they can call home for years if they choose to do so. Part of providing this to our clients is to first make sure they are legally allowed to own the home that they live in! Each mobile home park will have its own requirements for park approval, but usually, they are all about...

Seller Financing: Are You Able To Get Financing When Buying A Sarasota Mobile Home?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=9voqHFkQDW8 Is seller financing a viable way to buy a mobile home in Sarasota or should one look to seek financing from their local bank or credit union? Most mobile homes that we sell here at The Mobile Home Dealer are sold for cash, without financing, directly from the Seller of the home to the new Buyer. We fully realize this is not possible for everyone to buy in cash as this can get expensive fast. The question then begs to be asked, can mobile homes on leased land be loaned through traditional financing measures? As discussed in the past, mobile homes that are physically located on leased land, are classified in the State of Florida as personal property which is the same way a car is sold. Traditional loans that can usually be used for financing a...

Should You Try And Rent Your Sarasota Mobile Home When Selling?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=WBe9bmneY7o Selling And Renting Your Home In Sarasota? Should You Try And Rent Your Sarasota Mobile Home When Selling? Should you have your mobile home rented when you’re trying to have it sold at the same time? This question was posed to us this week when working with a home our sales team has not yet sold. Selling a mobile home in Sarasota County is a relatively competitive task, as, at any one time, there are several dozen homes for sale around the Gulf Coast of Florida. It is also common practice in the mobile home space for each park to increase its lot rent at the start of each year, as discussed in previous videos. So, with raising lot rent in a home that is not being sold as fast as you like, should you go ahead and rent the home while trying to sell...

Will Sarasota Mobile Home Lot Rent Stay The Same?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=EPVfNX_Ck9Y Do Sarasota Mobile Home Lot Rents Always Go Up? We at The Mobile Home Dealer get this question all the time from first-time mobile home buyers looking to begin enjoying all that a mobile home park has to offer. Homeowners in different Saratosa, Florida, mobile home parks may see lot rental increases each year for a myriad of reasons, which we will discuss in this article. Once you move into your mobile home in Sarasota, Florida, located on leased land, you may wonder how long the lot rent will stay the same. How soon will the lot rent go up, and how much? Also, why will lot rent increase in the very first place, isn’t the lot rent already high enough to begin with? All of these questions are ones that the traditional mobile home Buyer thinks about...

How Can A Mobile Home Dealer Help Sell Your Sarasota Home?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=di0P-TNyqsg How can a mobile home dealer help you sell your Sarasota mobile home? When we are starting the process of selling a client’s mobile home we often see the clients struggle with the decision of whether to sell the home themselves or to utilize the service of a licensed mobile home broker such as The Mobile Home Dealer. The mobile home housing sector is quite broad and competitive, in addition, selling a mobile home is a topic that requires a lot of touches, patience, and treatment with the client. It is also important to know the market and to know what price range you may sell your house in and get the best possible price. For this and many other reasons, people choose to carry out the process through a mobile home broker. Have you been trying to...

How Did Sarasota Mobile Homes Sell In 2020?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=B4Oj2tez2n8 How did mobile homes sell throughout Sarasota County during the year 2020? Mobile homes in Sarasota County saw robust sales in 2020 despite economic uncertainties. The allure of affordable housing and flexible living arrangements drove demand, buoyed by low interest rates and a desire for homeownership amidst the pandemic. Sarasota County's coastal location and amenities attracted buyers seeking a balance between affordability and lifestyle. Mobile homes emerged as viable options for retirees and young families alike, offering budget-friendly housing solutions. Throughout the year, the market witnessed consistent sales, underscoring the enduring appeal of mobile homes in Sarasota County amid evolving economic conditions. Did COVID-19 have an effect...

Do Sarasota Mobile Home Pest Inspections Include Termite Treatment?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=-KLyao8pJEw Homeowners face an uphill battle keeping pests off their property. According to the National Pest Management Association, bugs, rodents, and unwanted creatures of all kinds can wreak havoc in the home. Just consider these statistics: – Termites cause over $5 billion in property damage every year. – 6% of pest control professionals have battled a bed bug infestation in the past year. – As many as 30% of all homes have had a rodent problem at some point. Do pest treatments for mobile homes include termite inspections all the time? This is a question we were presented with just last week and we feel it would be a good idea to review this for all Sarasota mobile home Buyers. We had a Buyer who purchased a mobile home from a Seller, who kept up on their...

Does Past Due Lot Rent Need To Be Paid On A Sarasota Mobile Home?

by Raden Payas | Sep 22, 2023 | Blog

https://youtube.com/watch?v=HpDMvTJDpm0 Before you continue reading this article, if you are buying or planning to buy a mobile home in the Greater Sarasota Florida area, you must understand that mobile homes here are considered personal property, therefore, they are not taxed as real estate property. Most of the mobile homes here are sitting on leased land owned by mobile parks. So, it is important to understand that when buying a mobile home, you must obtain park approval first before you can move to a mobile home. Lot rents are paid to the park owners and not to the seller. In this article, we will explain how difficult it will be if the lot rent of the mobile home you just purchased has not been paid on time. What happens if the Seller of a mobile home does not pay the lot rent, and...

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