Frequently asked questions
1.
We have a mobile home that we would like to advertise. What
do we need to do to list our home?
I'll be delighted to assist you. Here are the 4 steps in
order of sequence I recommend.
a. Assemble some good
photos of your home that show it to best advantage: both
inside shots and outside ones. Try to capture the best
features as artistically as possible: like kitchen
cabinetry, fireplace, deck, landscaping... whatever you
think would be desirable to a buyer etc.
Send them to me as electronic files: JPEG format
(.jpg).
b. Send your payment
by mail
(Cathy Jackson,
PO Box 508, Didsbury,
Alberta, Canada T0M 0W0 ) or by credit card
using the Paypal link
on this page:
BuyMyMobileHome.org/openhouse.html
which permits four photos
with your home's description, posted until it
sells.
c. The
booklet of selling tips
I sell contains a
checklist of home
features which will
help you write your home's ad. For style, see the
other home profile ads already on this site. Do your best to
create a profile on your own. (Don't worry, I don't
expect you to be a professional writer. Just give it
your best shot and put some time into
it.)
The more detailed the info you provide the more attractive
your home will be to prospective buyers. One word answers
don't draw buyers to your home. And tell me more: If you
have landscaping, describe it. Paint a picture. If you have
an extra room, suggest some creative uses for it. Talk
about the view from your windows. You also need to be
honest. Misrepresenting your home to buyers is unethical,
immoral, and illegal.
You will need to write your own listing because I don't
have familiarity with your home as you do. Be as accurate
as possible. Usually I can get most of the information onto
your page within 2-12 hours.
d. You will want to
invest in our booklet,
Sell Your Mobile Home in 60
Days. It
has some additional tricks that helped
the author sell her home faster. We're finding that a sale usually
occurs in about a month *on average* from the time the
page is completed, but you have to do more than just let
the ad sit here. There are nine ways you can
increase your chances for a sale. See #5
below.
Let me know what else you need to know about your
listing/ad. Some advice you need may require a
consulting fee, or will be in our booklet; so
buy the booklet, then
ask the question.
2.
Will you write my home's profile for me?
We suggest you do this, instead. Because we can't see your home we depend
on you, the home owner, for the details which will best
tell prospective buyers why they should purchase your home.
You need a critical eye -- to be sure proper names, phone
numbers and directions correct.
3.
Will you take photos of my home for me?
Sorry that just isn't possible but if you don't have a
digital camera, the easiest and most affordable method is
to buy one of those single-use cameras, take some photos
and have them developed as digital photos. We can accept
only JPEG files (.jpg) which you can send us as an email or
email attachment. Send larger photos which we can reduce -
to keep crisp resolution - to fit the space and we will
crop -- cut off-- the unnecessary bits. (Sorry, .gifs and
.tiffs, etc. won't give a good result.)
4.
Will you put a classified ad in my local newspaper for
me?
We recommend that you place your own short classified ad to
run weekends in your local paper, or at least one weekend
in your newspaper's largest issue on Sat. or Sun.) You can
also state whether your home is single wide or double wide
and how many bedrooms.
5.
How do I determine the value of my home?
Three pieces of information -- taken together -- can help
you establish a realistic price range.
A. Find out what price similar homes have
sold for in your neighborhood recently.
B. Check your property tax assessment for
the value your tax assessor has determined.
C. Check the web site at
www.NADAguides.com and click on "Manufactured Housing"
(top right). The "get a value" link will give you a
"blue book value" based on your home's features.
The values for B and C may be lower than you think your home is
worth, but you will have a range that is not too high and
you will know if your price is set too
low.
6.
I've displayed my home on BuyMyMobileHome.org for a month
but I haven't sold my home yet. Why not?
You must not depend entirely on your ad on
BuyMyMobileHome.org to make a sale happen. We provide a way
to help you increase
your visibility. You still
need to do your part. Read our top ten ways to sell your home faster. And purchase
and read our booklet,
Sell Your Mobile Home in 60
Days. If
you haven't done those two things and followed the
recommendations nothing will happen. You must be
active,
not passive.
7.
What happens next when we find someone who wants to buy our
home?
You can present an Offer to Purchase to your prospective buyer. It's a
legal document between the two of you that defines the
responsibilities of both parties, and lists the selling
price, date of "closing" and all other specific tasks
that must be completed for the sale to be completed. It
will be useful to purchase the Offer to Purchase template (which we wrote for a simple
cash purchase and have used twice) to write your own
Offer to Purchase or Purchase Agreement and have both
your lawyers look it over for errors and omissions
before either of you sign it.
Be business-like. (This isn't the same as purchasing a lawn
mower at a yard sale.) Don't cash any checks or let someone
start to move in until you've both had legal counsel say
it's appropriate to sign. While my lawyer has scrutinized
it, the laws in your state may be different, and your terms
will undoubtedly be different from the template. You'll
need to incorporate those changes before signing. (Refer to
your profile.) We can send you our Offer to Purchase template
both on paper and
electronically so it is easier to make changes to suit
your own needs.
I'm not a lawyer or real estate agent but if you need a telephone consult to learn how I handled my sales, I'm
available for (prepaid) phone consults with either buyer
or seller or both.
8.
What documents do I need to sell my
home?
These are the most common documents that make sense to have
available: your home's title, your mortgage agreement or
financial statements if you still owe money to a bank or
finance company. If you've paid off the mortgage or loan
you may need a document from the lending institution like a
"Quit claim". You need to show there are no liens on the
home.
It's helpful to have receipts from repairs, utility bills,
school and property tax receipts. (You probably won't need
to collect sales tax on the sale of your home; it was
already paid once when the home was bought new.) Also have
ready any inspection reports.
You may need to provide your social security number as this
transaction will likely need to be reported for income tax.
You may also provide a disclosure statement or seller's
affidavit on the condition of the property's defects:
broken air conditioner, cracks in ceiling, warped floor,
leaking toilet, etc.; and verification that there are no
debts or liens against the property.
You should also allow the buyer to inspect the home the day
before the closing to be sure all conditions and promises
and repairs have been met.
9.
Why do I need a lawyer?
Selling or purchasing a home is an important transaction
which can be a confusing and potentially frustrating
process for anyone who has little or no prior experience.
The choices you make and steps you take will become legally
binding with long-lasting consequences.
A lawyer will help you protect your interests, ensure that
you are structuring a good deal for yourself, and make sure
you don't make serious, costly mistakes. You can't expect
the other party to do this for you. A good real estate
attorney can find potential problems in your contract and
recommend changes. Don't short-change yourself on one of
the more important financial transactions you will have in
your life. It's worth the investment, even if just for your
piece of mind.
10.
Can I change any of the terms on the Offer to
Purchase?
This isn't legal advice but, yes... so long as both sides
have not yet signed the agreement as it was written. The
negotiation process means give and take. If one makes an
offer the other is free to accept it, reject it or make a
counter-offer, which may or may not be accepted. I
understand you can also revoke (take back) an offer so long
as it wasn't yet accepted. But you should consult a lawyer
to avoid being sued for damages a buyer may face by having
relied on your words or actions.
You can make your counter-offer on the same form
(Offer to Purchase) simply by crossing out the
conditions or terms you don't agree to and inserting any
items you do want. (You don't have to insert anything
where you cross out a condition or term, if there is
nothing you want to replace it with.) You must then
place your initials next to each revision in the margin,
then sign the counter-offer and hand it to the buyer or
seller. If he (or she) accepts your counter-offer he
needs to initial every change you made, sign the form
and give a copy back to you.
Usually a time limit is spelled out in the offer or
counter-offer. If you do nothing and the time limit passes,
the offer or counter-offer is no longer valid. (It's
terminated.) A lawyer will help each of you make sure the
process is conducted in a manner that is
lawful.
11.
Who will conduct the closing?
I've had good experience with both my local AAA (Motor
League) office -- being a member will often entitle you to
some savings and faster filing of the title -- and a local
Notary Public. These people also know what documents are
required and they know the process. You can bring your
lawyers together instead if it's a complicated transaction.
All 3 of my transactions were "cash-n-carry" if you will,
and so we felt lawyers weren't necessary. Good idea to call
a week in advance to inform your notary or AAA manager of
your intention. They may remind you of an important step or
document you may have forgotten.
Good luck, have a good sale and satisfying move to your
next home.
Cathy Jackson, owner
