Renters

If you’ve been renting for a while you’re probably familiar with the idiosyncrasies of neighbors and the fact that rents keep going up periodically with no noticeable increase of benefits or improvements.

Not to mention, that when you move out, you get nothing for all the rent you’ve paid. Of course there is lot rent, utilities, taxes and maintenance expenses, when you own a mobile home. But your home retains or grows in value. Whereas when you rent, you don’t build up equity.

Compare that to owning your own MH home.

If you bought a MH for cash and kept it in good condition, you may be able to sell it for what you bought it for, or more.  In other words, you may be able to get the amount you spent purchasing the MH, back when you sell it.

If you financed the purchase and sell it for around what you bought it for, you’ll repay the loan, and the remaining amount, which is your equity,  can be the down payment on your next home.

Owning your own home provides you greater privacy and not having to deal with idiosyncratic neighbors. If raising a family, the community setting of a MHP provides a neighborly growth environment for children.

If you’re ready to leave a rental behind and earn equity with your monthly home payments (if financing), contact us to discuss options and opportunities.