SIR Realty Inc
Is also a Mobile Home Broker. Licensed by State of Michigan for over 30 years.
A Mobile Home can often be a less expensive alternative to a house.
Several are sold fully furnished & make a good starter or retirement home.
Convenience and Low maintenance are the attraction, plus many Parks offer, recreation faculties, Swimming pools, Club houses etc.
If you presently own a Mobile Home and are considering a Home purchase,
SIR can market your Mobile, find you a home and help you with the financing.
All SIR Agents are trained and knowledgeable in this arena.
Call SIR for an Appraisal on your Mobile Home. (586) 336-0000
Used Mobile Homes
Mobile Home Appraisals
Used Residential Homes
Vacant Land
SIR Realty Inc 64421 Van Dyke, Washington Mi 48095 586 336-0000
Before Committing to Purchase:
Many parks require that the Mobile be inspected prior to being sold. Often repairs are required of the seller prior to
transferring ownership. The Buyer may assume the repairs if an agreement is reached between the park and owner.
Children and Pets are allowed in several parks, however they may have restrictions on the area, amount, size etc.
Check to insure you don't purchase a Mobile that ultimately, will not fit your situation.
Used Mobiles can be difficult to finance. SIR has sources to obtain these special loans.
Often the seller can hold the paper and receive monthly or even semi Annual payments direct from the buyer.
CASH OUTS: Investors that purchase property for all Cash, normally shy away from Cashing out Mobile for
several reason. Mobiles generally do not go up in value over time, in fact they normally go down in value each year.
Parks generally want owner occupants in their parks. They have restrictions that virtually eliminate the Investor.
Parks may not approve an Investors purchase for resale or rent based on the fact that they don't intend to occupy it.
Parks are motivated to weed out the Older Models and replace them with Newer Models.
if a Park is going through this transition they may not renew your agreement to continue renting their lot.
Some folks imagine they can purchase a used Mobile home then later move it to a piece of property.
Many communities restrict this practice. If they allow it, they may have requirements that must be met. prior to approving a move: Septic Installation, A Drilled Well, Utility service verification. They may require a solid, concrete foundation be installed under the Unit & the Tires and Axles be removed. They could require the Title be turned back into the State so the Mobile cannot be removed from the property. It then becomes a permanent part of the Real Estate.The project can get very expensive, complicated and difficult to finance.
Real Estate Generally has Land Involved with the sale and a Deed is used to transfer the property along with all it's improvements.
A Mobile Home is more like a Motor Vehicle, with a similar type title.
The title is transferred at the Secretary of States Office.
Taxes are due on the Transfer just like with a Motor vehicle.
