Hillwilliam
Posts: 19394
Joined: 8/27/2008 Status: offline
|
I'm a real estate broker jst. I HATE to see folks fall for the dog and pony show and buy a manufactured home. The damn things DEPRECIATE and if the salesman says different, he's lying thru his tooth. Around here, you can get a decent house (new or almost so) for what you pay for a doublewide and lot and septic and water hook up. People still buy the damn things and then, a few years later when they want to sell, I have to be the one that gives them the bad news that "it isnt worth what you owe on it" and that is in a GOOD market. Of course, that makes ME the asshole, not the lying salesman. In this county, mobiles are about 5% of the total housing market but they are over 50% of the total foreclosures. Not good numbers if you live in one.
|