How To Sell Out Of A Trailor Park?

[Rod]

I am at wits end. I have had my single-wide MH for sale going on 27+ months with absolutely no prospects. I have witnessed the park sell repos. left and right from out under us. Homes that were abandoned 1-2-2 1/2 years have tenants living in them the whole time we've had our home for sale. I am absolutely frickin' sick of being passed over and know that the community sales office is doing everything they can to sell the parks homes (@ 30 or more) and keep the legit home owners under their thumb. I have seen 80 or more homes that were either advertised thru the community sales office, sold by home owner, or repoed and owned by interests outside of the park change hands and now currently have new owners or be purchased and moved out. I've been monitoring the prices of many of these homes to keep in direct competition with them all, home owner and community owned, but keep getting passed over and pissed off! Our home has everything all of these other homes have except multiple owners who rag them out and leave it up to the park or repo. man to refurbish or leave and sell as is. What the hell is a homeowner to do but abandon and file bankruptcy on just the home? I have stuck it out and have the park to blame mostly for the fact that we are still here trying in vain to sell. I had both lots on the either side of us double stuffed with single-wides (one lot had a double-wide get bought up and move away and the other lot was half of my yard and half of my neighbors) and am elbow to elbow to my neighbors who aren't the most ideal to live next to. The park is own by a company that owns at around 15 or more sites in my state and the supervision of these parks is laughable at best. What am I missing? I refuse to do business with the do-nothings in the sales office or front office of the community. I've already been labelled a bad resident by them and have had the VP of Ops. threaten to evict me for wanting a quiet and peaceful surrounding that residents are promised in the community's covenants. This place is a sham and a joke and I am sorry I ever laid eyes on it 7 1/2 years ago! Lies, lies, and more lies; a revolving door managerial system with people in charge that care nothing for the cares and concerns of the resident but rarely end up living in the community that they reign over. These types of parks should all be made illegal and hunted to extinction unless they join an independent board that reviews, grades, admonishes, promotes, and helps tenants bring attention to failed policies and miserable conditions. I've never resided in a rental property that holds the resident in such low regard and admonishes one if one complains about anything they have to endure. God forbid we should make them go out of their way to do their job or what is expected of them besides conning one into one of their fabulous dwellings! Where's a flame-thrower when one really needs it!

[cheryl]

Hey!! Well I must say I AGREE LOL!!!!!!!!!!You sure said it and I certainly hope you feel better LOL. I sure do just reading you post.

Now can you rent it? Can you hold a private mortgage? Can you move it on a lot which you own? It would make it much more desirable to for someone to buy. Or you can sell it alot cheaper and pay the difference that is owed. you can try some creative financing. Help your prospective buyer out with the down payment . Co-sign whatever it takes to get out of the park. just a few suggestions
been there done that and I feel bad for you.

try to have a pleasant day !!!!

Cheryl

[rmurray]

Selling a home in a park is more than 1/2 a sale of the benefits of the park...Sounds like you might have a problem there...

It sounds like you have only listed your home with the management to help you sell...

Let us look at the motivation of the actual person selling the home...usually money..commissions..my guess they make more selling a company owned home than yours...Also..with your record in the park and attitude about the park..the sales person might be afraid that you might run their customer off completely..Even if you are paying a reasonable commission...

You will have to market your home independently from the office...even then you will have to sell the advantages of the park...If you do not..it will be a long time selling your home...if ever..

[Rod]

Thank-you for the interest in my e-mail. Having the sales office advertise our home wasn't even an option. Checked them out thru other homeowners in what the cost was and how effective and what-not and wasn't overly thrilled about the response. Sales people telling you what you want to hear and doing otherwise, not showing the home and selling abandoned repos. that the park owned from underneath them. Kinda like what is happening with me. I am done living in this home and wish to move on to bigger and better things. Looking at moving out of the area, so keeping a close eye on renters is out. Neighbor to one side of me tried to rent out his 2000 single-wide to ex-fiance' and evicted her and her new boyfriend, enter a new couple, she leaves after a month or so and he exists three months later. Hunted the owner down and informed him that his renter packed up and left and there were eviction notices rubberbanded to the door addressed to him. Needless to say all of this was news to him! Renter paid maybe one months home note, lived there 3-4 months, walked away with the front door unlocked and a key to the home on the kitchen counter. People are not worth the time and trouble to rent one of these out. Not trustworthy enough. Plus the parks' powers that be could give a rats as long as they are collecting rent, who cares who lives there. I am not considering on moving it for we wish to move hours to a days drive away depending on employment availability. Would much prefer to spend the money on move and set up of MH on a home that we really want to live in and cut our loses and try to work out something with our lender. So, what is the easiest, most painless way to forfeit the home and then file bankruptcy on the remainder of the loan if no agreement can be made by lender/lendee? I just find it queer that we've been trying to sell our home for years(!) and many of the repoed abandonments are now getting nabbed up left and right. The park is offering rent-to-owns and $199.00/month rent for a year on existing homes or two years on brand new homes they offer so we are at a severe disadvantage. The current rent is $341.00/month which includes trash only (whoo-hoo!) and will only continue, like it has for the last 8 times, spiraling upward and onward! I have no yard for both lots on either side of me were double-stuffed with singles. One lot used to contain a double-wide that was bought and moved off and the other side of me, we were swindled and lied to about what we were supposed to get in the deal and forfeited half of our lot for the other singles. Was told I'd get everything in writing but believed a gentlemans agreement was in order also. What I get for trusting a slum-lord! Now I'm elbow-to-elbow with neighbors who are less than perfect and the front office and VP of Ops. could care less what we are going thru with their new enhancements. Have only had to deal with 50 or more people "in charge" since living in here too. Really bad revolving door managerial system they have in place that we pay for. Not to mention the two years we had absolutely noone running the front office, after thousands were spent on remodeling. Had to go to a sister community miles away to offer your complaints to the District Manager living and working there. This place is a real pig-stye! And we are the slop!

[Rod]

I forgot to ask you, we are trying to sell the home @ $8,000 less than what we owe. If we do get the home sold, can the new owners get a clean title from our lender or will we have to come up with the remainder before the title/home gets turned over to the new owners and in their name? Our lender is GreenTree (II) which I know that they no longer offer T.O.E.s, financing, refinancing or any help with struggling homeowners who can't even give away their homes. What would make the process of foreclosure less painful for us financially if we are forced to forfeit? What do we need to do/know before we traverse that gauntlet? I could care less what it'll do to our credit for the time being. I have been patient going on almost 2 1/2 years in trying to sell this home and can no longer put off my life for a 26-27 thousand dollar note. I kinda want to know what is ahead of us if we have to walk away from this note. My lender was trying to scare us in telling us that we'd end up living in squalor and low income housing the rest of our lives if we forfeit the loan which I seriously doubt that will happen. Just a scare tactic to avoid them becoming like their predecessors GreenTree (I) and Conseco Finance. Out of ideas but mostly out of patience!