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what is space rent on manufactured homes? is this in addition to your mortgage payment?

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May 10 2012 - Carlsbad
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When you are buying a trailer in a trailer park you only rent the lot the trailer sits on. That lot rent is likely to increase every year. It is not included in your mortgage.

It is possible that including trailer, lot rent, and a higher interest rate that buying a house might be possible for about the same monthly payment.
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May 10 2012
Rent on a space can go as high as $800 per month in addition to your mortgage payment, but they're all different. That $800 can add around $130,000 to your purchase price for a property with the land included, or to a nice condo including the monthly HOA fee.

If I can help you find something, let me know!

Warm Regards,

Cory La Scala, REALTOR
Independence Realty
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May 10 2012
It would be best if you bring this to the attention of whoever listed this comment.
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May 10 2012
 
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