FAQs: Mobile Homes For Sale in Southern Maine
Buying a new home is a big step for anyone, which is why Mobile Home BrokersTM does everything we can to make the process simple, easy, and stress-free. An investment in your own home should be a happy time for the entire family!
Below you’ll find several of our most frequently asked questions – click on the question to find out the answer. If you don’t see your question below, please contact us by phone or by clicking on the “Contact Us” tab above.
Can you tell me what my home is worth?
Yes, and at no charge to you. We are very knowledgeable when it comes to in park sales and can give you a Comparative Market Analysis (CMA). This is an evaluation of similar, recently sold homes in your park. We strive to get you the most for your in park Manufactured home. If you’re thinking of selling, call us to get the highest and best price!
Do mobile homes depreciate?
In park sales in Southern Maine tend to follow the current market trend. If you are selling in a “sellers market”, the seller will typically realize more of a profit with sale but if you are selling in a “buyers market”, the seller will typically realize less of a profit. There is no “Depreciation table” used in the state of Maine.
Are any parks strictly 55+ and older?
Yes, there are parks in Maine that are strictly 55+
Do you have any listings of a land/home type?
No, our company specializes in the in park sale.
Are closing costs expensive?
Closing cost include a minimum of 10% down of the sales price, a park entry fee (typically two times the lot rent), an appraisal fee up to $375 (if you’re financing), a 1 year Insurance binder and the buyer typically pro rates the K1 in the oil tank and the lot rent of whatever month you are closing in. Most of these cost can be negotiated with the seller making the cost of purchasing very affordable.
Do I need a down payment?
Yes, currently there are no programs with NO MONEY DOWN. A buyer will need a minimum of 10% of the sales price.