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  #1  
Old 01/21/11, 04:31 PM
 
Join Date: Mar 2010
Location: Georgia
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Should I purchase?

I am considering purchasing a double wide in descent conditions outside of Lynchburg Va for about $45,000. It sits on 5 acres of land with a well and septic in place. Our purpose would be to live in the DW until we can build our house (probably a 3 year project). Question: How hard is it to get rid of a DW once I don't need it? I am not trying to recover my cost, just want to make sure I am not stuck with the thing in front of the house I just built.
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  #2  
Old 01/21/11, 04:45 PM
Alice In TX/MO's Avatar
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I would only buy it if the land was worth the purchase price or close to it.
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  #3  
Old 01/21/11, 04:46 PM
 
Join Date: Jul 2007
Location: Western New York
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If worse comes to worse you could donate (tax write off).
Or if it's legal in your area you could run a raffle on it.

Around here (Western New York) there is an issue with older trailers not allowed in parks.
So if you want to relocate a trailer from one park to another you can't.

~~ pelenaka ~~
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  #4  
Old 01/21/11, 05:11 PM
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Location: West Central Texas
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As long as its in good condition and looks good from the outside, I doubt you will have much trouble selling it when the time comes. Just remember that it costs around $5000-6000. to have those puppies professionally moved, so price accordingly.

Can't speak to the price of the place you are looking at, but if its near a good sized town/ city, I'd say $45000 isn't a bad price. As someone else said, don't count on the price of the doublewide into the consideration and decide whether the land is worth that much to you.
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  #5  
Old 01/21/11, 05:59 PM
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Location: SW Michigan
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I'm with Alice. Is the land worth that price? Is it pretty much what you want? Do you have enough money to afford it?

DW can also mean "Dear wife"....... LOL!!!!
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  #6  
Old 01/21/11, 06:05 PM
 
Join Date: Oct 2006
Location: Arkansas
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There are movers that will buy it. I bought mine from a used mobile home dealer. Their may be only one in the state but they are there.
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  #7  
Old 01/21/11, 06:21 PM
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Location: Virginia
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crumley, im about an hr from lynchburg....i dont know property prices in lynch. but around here, id say thats a good price for land. esp. with a well and septic in place. now adays its hard to get a piece of land to perk legally.

it all depends on the land of course, but if I,,,id be very interested in that piece of land.
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  #8  
Old 01/21/11, 07:27 PM
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Location: Boomer, NC
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We did the same thing 10 years ago, but didn't get as good a price as you're talking about. It was worth it, though, because we love the location for our new home. The snag came after years of paying on the place and trying to save up to build the new home when DH got laid off and the new house had to be put on hold. We now have an older doublewide in need of a lot of repair, but we don't want to put lots of money into fixing it up. The original owners removed the wheels and moving apparatus when they set it up here, so moving it, especially in its condition, would be nearly impossible. So...we're finally starting construction on the new home, and considering letting the local volunteer fire department do a "practice burn" with the mobile home after we've stripped it of everything of use. The land is worth the money we have in it without the value of the trailer, and it's not worth selling or moving anyway.
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  #9  
Old 01/21/11, 07:38 PM
 
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Location: Minnesota
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Depending on the construction there is some scrap value to old trailers. Steel, aluminum, copper, lumber, etc.
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  #10  
Old 01/21/11, 07:48 PM
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I agree about considering the land value utmost but, if you're living in the mobile during construction so don't have to pay rent somewhere else thus can be on site, it has a value even if it costs you a little (shouldn't--it will have value to someone as scrap I suspect) to shed it at the end. Me? If zoning allowed, I'd try to move it to the rear and put some chickens in it or use it as storage--one can never have too much storage.
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  #11  
Old 01/21/11, 08:03 PM
 
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Quote:
Originally Posted by tinknal View Post
Depending on the construction there is some scrap value to old trailers. Steel, aluminum, copper, lumber, etc.
My dh and I bought property with a trailer on in and lived in it while we built our home on the other part of the property.
We then rented it out to family and friends till it outlived its usefullness, then we sold it for scrap.
Worked for us.
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  #12  
Old 01/21/11, 08:06 PM
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Quote:
Originally Posted by LearningLife View Post
We did the same thing 10 years ago, but didn't get as good a price as you're talking about. It was worth it, though, because we love the location for our new home. The snag came after years of paying on the place and trying to save up to build the new home when DH got laid off and the new house had to be put on hold. We now have an older doublewide in need of a lot of repair, but we don't want to put lots of money into fixing it up. The original owners removed the wheels and moving apparatus when they set it up here, so moving it, especially in its condition, would be nearly impossible. So...we're finally starting construction on the new home, and considering letting the local volunteer fire department do a "practice burn" with the mobile home after we've stripped it of everything of use. The land is worth the money we have in it without the value of the trailer, and it's not worth selling or moving anyway.
Mobile home movers worth using have axles & such so that aspect of moving it shouldn't be a problem .
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  #13  
Old 01/21/11, 08:34 PM
 
Join Date: Mar 2004
Location: Idaho
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Fix the trailer up into a shop, storage chicken or something along those lines when one is done living in it?
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  #14  
Old 01/22/11, 12:00 PM
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Location: Central Virginia
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Hello, almost neighbor!! I live a little bit north of Lynchburg. I would check the price of other pieces of land and see if it is in line.
Depends on where in Lynchburg, but I think it might be a tad high, even with well and septic.
I know right now all realestate prices are very low. Good luck!!

Alice in Virginia
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  #15  
Old 01/22/11, 12:05 PM
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I would consider having it moved out of sight once you finish your new house, and using it foe storage, a shop, a "mother in law" house, rental, or whatever.
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  #16  
Old 01/22/11, 12:16 PM
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Should I purchase? - Homesteading Questions
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