Looking For Mobile Home Value
I am interested in mobile home investing,I just order Deal on Wheel.I found few mobile home for sale in the ****Must Reach Senior Investor status before posting URL's***w I am looking for value.I went on NADAguide website,$20 for report,nope I dont think so and the book $100. maybe I will order the book,but the problem is it dont go back in the 1980 they say.Any suggestion how are you getting your value? anyone
Go the NADA web site. Follow the prompts for a manufactured homes. You need to know the home's manufact, model, year, and size. It helps to know the quailty of the material used (i.e. superior, medium ,etc... grade). Should be able to determine est. retail value from this site.
morehead i thank you for reply,like i said i done nada thing, i am not willing to pay for the service,i know that there other way getting book value ,any comment?
Sorry Stardave - been a while since I've visited the site. Notice that they removed the free value link. You might try a Local insurance company that handles mobile homes - they may be able to research the value for you if you mention using them.
stardave,
Glad to meet you.
You really do not need a NADA book for this year of mobile they do not go back to 1980. I believe they have a formula for older units, which when you are done would equal not much.
But my expierence tells me that this unit if I were buying would be worth $500 - $1K.
You cannot finance it, so you will have to carry the paper. You should get somewhere around $4K - $5K retail.
John $Cash$ Locke