Just reaching out to get some of your thoughts and advice. I am in the 21st Mortgage CASH program. I have three homes in my community for sale. It took about 6 weeks to finish setup due to the harsh Maine winter. They’ve been advertised for about 2 weeks today on Facebook market place, Craigslist, and MHVillage.com. I’ve had a lot of interest from very unqualified people that I’d never want to deal with on any level, never mind have them living in my community. I cannot figure out why these three singlewides are not generating more real interest from legitimate people considering that the payment, lot rent, insurance, etc it is still $50-$100/mo cheaper than renting one of my POHs. There is a successful mobile-modular home dealership next door that has been there forever. This signals to me that people are buying these homes and there is at least somewhat of a demand. Looking at listings online, these homes are literally the lowest priced in the area and not by just a little.
The community is a turn-around park I’ve owned for over 3 years. I’ve put staggering amounts of money into it to improve infrastructure, get rid of old homes that are dangers and eyesores, clean up dumpsters worth of garbage, and in general make it an attractive place to live at an affordable price. The city is a midcoast town on the ocean and has a diverse group of large employers (ship building, medical billing, and huge bank corporate office)
In regards to selling these new homes, am I getting too worried about nothing? I know its only been 2 weeks. Does anyone know the average time period it takes to sell a new home? Any other advertising mediums that you highly recommend? I can’t believe people aren’t jumping at this opportunity.