Anyone who’s selling a mobile home park wants to get the most out of it that they can. After all, the decision to part with your property is a big one.
But getting things in optimal selling condition can take a lot of time, effort and money. Luckily, you have other options to sell your mobile home park without spending a lot of money: Find a cash buyer to take it as is.
Yes, it’s possible you’ll get less money overall. But before you let that scare you off, there are a lot of legitimate reasons why it may be a better option for you. Just some of those reasons include:
- No money required up front
- No repairs – no matter the damage
- No real estate agent fees
- Fast transaction
- Predictable closing date
All in all, selling your park for cash is easy and a lot less stress than selling through the traditional route. The only problem is finding a buyer who will offer you a fair price.
Unfortunately, fake cash buyers are everywhere and most park owners want to work with the actual buyer of the property. EZ Mobile Home Buyer is the actual buyer, we don’t wholesale or trade the paper.
But before you assume all buyers are the same, there is an easy way to sell your trailer park for cash without wasting your time.
We Buy Mobile Home Parks
Selling real estate is a major financial transaction. Every decision you make during the process can affect the bottom line (i.e. the amount of profit you walk away with).
Take Ruby’s experience selling her mobile home park for example. Ruby inherited her mother’s trailer park and ran it for about a year before she decided it was time to sell it.
The first thing Ruby did was hire a real estate agent to guide her through the sales process. After a long discussion, the real estate agent gave her a list of things that needed work before they listed the property for sale.
The problem with most real estate agents is that they typically sell residential homes and have very little to no experience with mobile home parks.
Some of those things included raising rents on everyone to competitive market rates. Other suggestions were improvements on damaged spaces, submetering each lot, fixing potholes, landscaping the entrance and replacing the sign.
This laundry list of repairs was just the beginning. There were countless details Ruby needed to pay attention to if she wanted to get top dollar for her park.
Because of that, Ruby decided she would accept less money for her park if it meant not having to pay loads of cash up front or making major improvements. As a result, the real estate agent went ahead and listed the property the way it was and they waited for offers to come in.
Unfortunately, most interested buyers made offers that required special requests for improvements.
After months of waiting, Ruby decided to accept an offer and stop dealing with the stress of trying to sell it. Out of her profits, she had to give up a large portion to commissions for both real estate agents (sellers nearly always pay both commissions in a real estate transaction).
In the end, Ruby could have sold her property as-is to a cash buyer for the same amount of money and closed the transaction in a matter of weeks. Instead, she spent months waiting for offers and agonizing over whether to make improvements. Even worse, she had to give away a third of her profit to real estate commissions after all that stress.
All in all, selling your property to a reputable mobile home park buyer could be the crucial difference between a stressful ordeal or an easy transaction. And depending on your situation, it could boil down to the same amount of money!
You could also walk away with cash in hand in a matter of a few weeks. Forget having to deal with the stress of making improvements or meeting the demands of picky buyers.
You can choose to sell your property the easy way without a bunch of hassles to a cash buyer.
Selling a Small Mobile Home Park
Selling a small to medium size mobile home park can quickly turn into a long, drawn-out ordeal. Often times, many of us don’t have the time or money to waste keeping up on payments or making major improvements.
Luckily, selling a trailer park to a cash buyer allows you to part with it as-is. That means you won’t have to spend any money up front making repairs or improvements – no matter how much damage there is. Other perks include:
- No waiting for a buyer’s loan approval
- No closing costs
- No realtor fees or commissions
- No need to stage or show your property
- No advertising costs
- A fast transaction
- Predictable closing date
Overall, selling your property to a cash buyer is potentially the smartest move you could make. Of course, the most important thing is choosing the right people to work with.
There are reputable people to buy your property who won’t take advantage of you. All you have to do is find them.
If selling your mobile home park for cash sounds like a good option for you, here’s how to find a reputable agent to work with that you can trust.
Reputable Buyer That Purchases Mobile Home Parks and RV Parks
For major financial transactions like selling real estate, experience goes a long way. Having access to the right network can make the difference between a lowball offer or getting what your property is worth.
At EZ Mobile Home Buyer, Jerred has both the experience and connections it takes to get you what your property is worth.
Simply fill out the short contact form above. You’ll get connected with Jerred and receive a cash offer – it’s that easy.
With so many crooked buyers willing to rip off unsuspecting property owners, make sure you choose a trustworthy company to work with. Get connected with EZ Mobile Home Buyer, an ethical agent who’s earned his reputation for integrity and getting you an offer your property deserves.