Do You Have Questions About Buying A Mobile Home ? Scroll To Bottom Of Page...
Why McCormick Home Sales Team ?
When you work withMcCormick Home Sales Team you are working with an experienced mobile home broker that has helped hundreds of people buy and sell mobile homes all over the Vero Beach, Florida area.
McCormick Home Sales Team is all about integrity and hard work. Hilda has assembled an outstanding team of Mobile Home Agents to make sure your journey in buying or selling a mobile home is smooth. McCormick Home Sales is a full service 55+ Mobile Home Broker that handles everything from listing the home, showing the home, selling the home and transfer of title.
When it is time for you to buy or sell a land leased mobile home it is essential to speak with a professional in the field and somebody who is respected and knowledgeable. McCormick Home Sales is dedicated in helping buyers find that perfect Florida home, and sellers getting their place sold in a timely fashion because lot fees do add up.
If you are new to buying or selling a manufactured home here in Florida the McCormick Sales Team is someone you need to contact. Learn how we are different and how we stand out from the competition here.
If you just started the process to find that perfect manufactured home you have always dreamed about in Florida you will find Manufactured Homes 101 a very good resource to begin.
I Want To Buy A Mobile Home From You How To Begin ?
We work with many people all around the world searching for affordable Vero Beach manufactured homes and have sold hundreds of homes to buyers. What you will want to do is to first check the inventory of homes that we offer. This way you will see which homes are for sale at your price range. Next, you should find a licensed mobile home broker/agent in the Vero Beach area to show you homes of interest. When its time to put an offer in the agent will take it from there working diligently with the seller to strike a deal so both parties are happy.
Many people are a bit confused when they begin their search for a nice FL mobile home so make sure you reach out to us at form below or 239-247-2073 to get your important questions answered.
What are the Costs Of Buying A Vero Beach Mobile Home ?
After the agent contacts the seller with your offer and an agreed price is met its time for you the buyer to secure the home with a 10% down payment and fill out a park application to make sure the park will accept you.
The mobile home you purchase is considered a vehicle in the State Of Florida so your purchase is subject to 6% sales tax, county tax $50, tax-tag-title fee to the DMV of Florida, mobile home park application fee, administration fee that all FL brokers charge. You should expect approximately 10% of the agreed price of home for fees.
Why Do I Need To Be Park Approved To Get Into Park ?
Every park has a park approval process to make sure the buyer of the Florida mobile home can afford the monthly lot fees that they will have to pay and they are not felons. You will have to get a credit/background check and deliver all supporting financial documents to the park for them to evaluate your situation and render a decision. The process usually takes a few days, but certain times of the year it could be a bit longer.
Pet policy vary so Contact Us for up to date information.
Why Do I Need To Pay A Lot Rent ?
The home you purchase is land leased that it why the home is so much more affordable than land owned mobile homes. The park or the corporation owns the land your home is on so you need to pay them a lot rent monthly. The lot rent fees vary depending on the park, the location of your home, and the amenities the mobile home park offers. Most parks adjust the fees yearly.
A good rule of the thumb while your searching for your home in the sunshine state is that the lower priced homes usually mean higher lot fees and the higher priced home in most cases will have lower monthly lot rents. You can see that in Pelican Bay Micco, Florida.
Can I Rent My Mobile Home ?
Some parks will allow you to rent your home with restrictions like Air B&B, but most parks do not allow renting in the park and require resident owned only. Most homes in Vero Beach, Florida allow renting of the home. Please check with the park manager prior to putting in an offer as these terms are subject to change at any time.
How Old Do I Need To Be ?
Most parks are 55+ years of age and older to be park approved. In all the parks they do not allow children to live there. Sure, your grand kids can stay for visits but not live. In some cases if one person is 55+ and the spouse or partner is 40+ the park might approve.
Contact Park for more details on this situation.
Why Do I Need To Pay An Administrative Fee ?
The cost of doing business as a Licensed Florida Mobile Home Broker is incredibly costly and it is essential in keeping the lights on so to speak and it is very customary and common. Most of the Admin fees vary between $395 up to $795 depending on broker and even more at some car dealerships which share the same license as a manufactured home broker. In the State Of Florida the mobile home buying process is equivalent to buying a car at a car dealer and the bevy of paperwork is similar.
Can I Get A Loan For A Mobile Home ?
Yes, it is possible to get a loan from lenders but the rates to do so are much higher than a normal land owned traditional home mortgage. You can also seek a personal loan or a line of credit from your bank as well. These homes do not qualify for a traditional home mortgage. There are a few you can use, but Priority Funding is one of the companies that we have worked with in the past. These types of loans require good credit and sizeable downpayment.
Can I Get Insurance On My Manufactured Home ?
On some older model units it may be difficult, but not impossible to secure insurance for your home. The insurance company will need a 4 Pt inspection before they will insure the home. We have worked with many in the area you can look into. Schneider Insurance is a great option that is used by many new home owners, but please do your own research and find the one that you feel comfortable with.
What Is The Total Costs For Buying A Mobile Home ?
When you purchase a land leased mobile home through a broker we are legally bound by the State Of Florida to collect 6% Sales Tax and a County Fee up to $50. You will need to pay an adminstration fee of $495. We also collect $350 to pay for the cost of transferring the title into your name. If there is anything left over we will refund that back to you. Each park requires a NON-REFUNDABLE park application fee that varies in cost.
Can I Buy A Home Sight Unseen ?
Buying a home during this Covid crisis has produced a large number of people buying homes sight unseen. This can be done easily and about half of our homes are closed this way. All of these homes are sold "AS IS" and it is up to the buyer to inspect the homes themselves or hire an inspection company prior to the home being remotely closed. McCormick Home Sales LLC includes all information that the seller provides to us during the listing of the home. All information is deemed accurate but not guaranteed by McCormick Home Sales LLC.
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