Selling a Mobile Home

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Joy

Selling a Mobile Home

Post by Joy » Fri Dec 26, 2003 3:45 pm

I have a 4 year old double-wide in excellent condition that I'll need to sell if I get a job in another state. I know I can't move it because the roof wouldn't be adequate for that area of the country. I calculated the blue book value of the home and what I still owe on the mortgage. I calculated that if I sell if for the full blue book value, I'll still be about $14000 short to pay off the mortgage. What do I do? I really want this job because it would mean a significant increase to my salary.

Toby Hise

Re: Selling a Mobile Home

Post by Toby Hise » Sat Dec 27, 2003 9:22 am

It appears that you will not recover your investment by selling the home. You may want to think about owner financing the home, or leasing the home until you are in a better position to sell.

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