When selling your manufactured home in Lincoln, you’ll want to get the best price possible without having to have it on the market for a long time. Selling your manufactured home in your market doesn’t have to be hit or miss. In our latest post, we offer some tips to sell your mobile home fast and move on with your life!
Selling a mobile home can be a bit different then selling a traditional single-family home. You may not always have as many interested buyers and the mobile home market doesn’t always perform in the same ways other housing options do. One of the pieces of good news is that you can usually sell your mobile home as is and oftentimes sell fast for cash. Below, we offer some easy to implement advice to help you get the best price possible for your manufactured home in Lincoln!
Sell It Directly
Working with a direct buyer or mobile home investor like us has the potential to save you a fortune when selling your manufactured home in Lincoln. When you avoid agents and the MLS, you won’t have to worry about commissions or fees, marketing expenses, or even repairs to the property. By selling quickly, you’ll be able to avoid the continued holding costs such as utilities, insurance, or a mortgage. with a direct sale of your manufactured home in Lincoln, you’ll potentially be able to save thousands on the sale. More importantly, many investors are more than happy to have your mobile home as is and will offer you cash in hand fast.
Make Repairs
If you decide to list your manufactured home privately or with an agent, you’ll want to make the needed repairs before advertising the property for sale. Your mobile home will be subject to appraisals and inspections and it is best to get these things out of the way beforehand instead of when you are trying to sell it. You’ll need to check the major systems within the mobile home.
- All outlets and switches need to be working correctly with no known issues.
- Plumbing should be free of leaks and the water heater should be able to keep up with the demand.
- Make sure the skirting is properly sealed and insulated to avoid heat loss and the intrusion of pests.
- Seal the windows and doors to avoid drafts and heat loss
- Make sure there are no soft spots or holes in the flooring
- Give the foundational walls a good shake to see how sturdy your home is
- Check the siding to make sure everything is sealed and secure
- Tend to any other needed repairs that may be a problem for potential buyers
Choose Inexpensive Upgrades
If you do choose to make improvements to the home, don’t find yourself getting carried away. Oftentimes you can sell your mobile home as is to a buyer, even if your home needs many repairs. You’ll just have to sell it as a handyman special and accept a big discount to what you originally paid. But if you need to sell your mobile home fast and need cash, this is a good option.
Major additions and remodels can cost thousands, without adding much in the way of value. Instead, make several smaller improvements. There are a number of small changes you can make that will have a large effect. Replacing old fixtures, upgrading the appliances, adding a coat of paint, cleaning up the yard, and replacing the carpet can all have a huge impact.
Send The Right Message
When marketing your mobile home for sale in Lincoln, you will want to make sure your efforts aren’t going to waste. Use Facebook Marketplace or Craigslist and do your homework to find out who is buying, where they want to be, and how much they are willing to pay. Find out how long manufactured homes in Lincoln are staying on the market so you can gauge demand. Determine if your potential buyers are looking for lower income housing or if they are looking to capitalize on the small home trend. The way you market to one audience will be different than the way you market to another.
Price It Correctly
Do you know how much your mobile home is currently worth? Remember that it is much easier and quicker selling to an investor, but you will need to lower your price. How much of that value is dependent on your mobile home’s location? Before trying to sell, make sure you have an accurate picture of how much your mobile home is worth. If moving it to a new lot increases its perceived value, then move it!