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Sell my mobile home to an investor.
Have you considered selling your mobile home in the Los Angeles area? In our latest post, we will look at what listing your mobile home vs. selling to an investor in Los Angeles will mean for you and your current situation! “Selling my mobile home to an investor was the best decision.”
When it's time to sell your mobile home, you should clearly understand what that will entail. Listing your mobile home can take months, completely negating the profits a listing might bring in over a direct sale. Below, we will look at some pros and cons of listing your mobile home vs. selling to an investor in Los Angeles.
Listing Your Mobile Home
The Pros
An agent who helps you will receive assistance with marketing and showing the property. They will get your property on the MLS, which requires the use of an agent. Remember, an agent may not always show as much dedication to helping you sell your mobile home as they would a single-family property, as their commission will be considerably less.
Broader Audience : By getting your mobile home listed on the MLS, it will quickly be seen by a wide audience, including other agents looking for properties for their clients.
The Cons
Wasted Time: As with listing any property, there are no guarantees when listing your Los Angeles mobile home. You may be waiting for months before you find a buyer, and the sale goes through. Also, there is no guarantee you will get your listing price. You may have to lower your asking price, so consider that.
The Costs: When you list your mobile home, some repairs will inevitably be needed. These costs can add up quickly and will need to be paid upfront. It costs money to own the house, so if the property is on the market for a while, the holding costs can add up. You will also need to consider agent commissions and administrative fees.
Showings: When your property is on the MLS, prospective buyers will want to see it. This means you will need to keep it clean and ready for those last-minute people who wish to drop by and see it. It can be challenging to pick up and leave when someone wants to see the house, but you don't want to make it difficult for people to know the property.
Sales Falling Through: When your buyer obtains financing to buy the mobile home, it will be subject to appraisal. If it does not appraise high enough, the sale can fall through. This can be very frustrating for owners who have been waiting for months to sell.
Selling Your Mobile Home To A Direct Buyer (Selling To An Investor In Los Angeles)
The Pros
Zero Wasted Time: When you sell your mobile home directly to Kind House Buyers, you wonn't have to worry about any wasted time. We close within only a matter of days if you need us to.
Zero Cost: You won't have to worry about making repairs, paying expensive commissions, or spending money to market the property. In addition, you can say goodbye to lot rent, utilities, insurance, and all the other ownership costs you face each month.
No Property Showings: There is no need to open the property up for showings. You won't even be asked to clean up. We want to make the process easy for you. We will handle everything.
Guaranteed Sale: When you sell your mobile home directly to Kind House Buyers, you won't have to worry about things falling through. We have the money to buy your house right away and do not rely on bank financing to purchase your property.
Know Your Closing Date: When you agree to sell to us, we will be able to provide you with your exact closing date and sale price so you can plan. We will also close on the day that is best for you.
The Cons
Lower Final Sale Price: Many people are suspicious of selling to an investor because they are worried about a low price. However, the price difference is negligible once you think about all you save. Remember, we take on all repairs while saving you time and energy. Our offers are always fair!
A direct sale offers guarantees on things such as the price and the closing date, while a traditional listing does not. A conventional listing may achieve a higher final sale price. Still, the repair costs, agent fees, commissions, closing costs, and marketing expenses can quickly negate the higher final sale price you may achieve—all of that, plus the cost of your time. Listing isn't worth it for some mobile home sellers in the Los Angeles area.
Before you decide how to sell your mobile home in Los Angeles, run the numbers to determine which way of selling will be right for you. We want you to make a wise and well-informed decision about what you want to do. Explore your options, and let us know how we can help! We are happy to make you a no-obligation offer for your Los Angeles area mobile home at any time!
I sold my mobile home to an investor in Los Angeles.
If you want to learn more about listing your mobile home vs. selling to an investor in Los Angeles, call or message us!