All you had to do was hang a “For Sale” tag on your front yard and wait for potential buyers to call you… and sometimes you’d get multiple above asking price offers before dinner time. There is nothing better than having potential buyers compete with each other to buy your mobile home. 😎
However, in today’s tough economy, coupled with an unstable (but stabilizing) mobile home market, just about everyone from homeowners to real estate investors and agents are having trouble when it comes to selling mobile homes fast in some parts of the local market.
Throughout the country, more and more mobile homeowners are seeking to sell their mobile homes fast thus creating stiff competition in the market. Interest rates have gone up dramatically in the last 2 years. Combine that with inflation rising much faster than people’s wages and a slowing economy, it’s a recipe for disaster. Hopefully things will turn around soon, but I’m not convinced they will.
However, if you are trying to figure out how to you can get cash for mobile homes in San Antonio, Texas then you should not lose hope, especially if you know what you can control; and there is a lot that you can control.
Here are a few tips that can help you sell your San Antonio, Texas mobile home for cash in the shortest time possible…
Getting Cash For Mobile Homes in The San Antonio, Texas Area
There are a few viable options when you’re selling your San Antonio, Texas mobile home for cash in today’s market… and I’ll walk through some options here in this article. Hopefully by the time you get to the bottom of this article you’ll have a pretty darn tootin clear picture for the options you can go after to sell your mobile home fast without hassling with a buyer who has to get a loan from a bank… that may take weeks or months, typically 45-90 days for approval and it’s always possible they get denied. Which is real bummer if you’ve been waiting 3 months and pay lot rent or a mortgage that whole time 😤
Do not be carried away with emotions
When you are trying to sell your San Antonio mobile home fast, you must start off by taking complete charge of your emotions. When your life and money, or both, are tied up in the mobile home, it is quite easy to succumb to the power of emotions when selling your mobile home. However, you need to know that you will be able to make a wise decision and get the best deal when selling your mobile home fast if you take a logical approach to the task at hand. Try to see the situation and the home from the buyers perspective They want to get a great deal, everyone does. That’s why it is important to really know your numbers before you start marketing the home This will require research and talking to people on your part. Otherwise you are relying on trial and error, not a good strategy.
Know your competition here in San Antonio and your neighborhood
While trying to sell their San Antonio mobile fast, most mobile homeowners place a “For Sale” tag in their front yards blindly without doing a prior research of the prevailing market prices. Remember, every buyer wants to get the best value for his money… but some mobile home sellers can wait the 3-6 months to sell that it may take for a full price buyer to come along… while other sellers need to sell immediately. Possibly due to eviction, a job change, divorce, etc.
So if you need to sell immediately… see what the other mobile homes in your neighborhood that are similar to yours are listed for (or just sold for)… then look and see how long they took to sell. If you can’t wait that long… how much of a discount are you willing to give the cash buyer in order to attract them to buy your mobile home quickly? Remember when researching what other homes are selling for that the list price is normally different from the actual sale price. Just because a mobile home is listed for $60,000 doesn’t mean that’s what the seller got at closing. It’s important to manage your expectations.
As such, potential buyers will be doing a thorough research in order to find the best mobile home that suits their budget and needs. To help you out, you need to know what the other sellers are offering in order to know how to quote your mobile home competitively.
Objectively assess your situation and property
It is important that you establish whether your mobile home can compete effectively with what other sellers are offering. It if cannot, then find out if you can make a few repairs to make it competitive in the marketplace. If this is necessary, you need to create a budget and timeline during which you will renovate your mobile home before putting it up for sale if you’re going to try to sell it to a “retail” buyer (someone who plans on living in the mobile home).
However, if you do not have the finances or time to repair the mobile home, you can still sell it fast in “as is” state. That’s actually what we do here at JourneyMobileHomes. We buy San Antonio mobile homes… we pay cash… we can close quickly… and you won’t have to do any repairs at all.
Give us a call at 210-504-8388 if you need to sell fast... we can make you a fair all-cash offer within 24 hours. No obligation or hassle at all. Take the offer, chew on it and decide if it’s right for you.
Get the pricing right
Most local San Antonio, Texas mobile home sellers fail to sell their mobile homes fast because they are asking for too much. Mobile homes depreciate over time, meaning they lose value. They are not like regular single family homes that can appreciate or go up in value over time. That is mostly due to the way they are titled. Most mobile homes are titled as personal property, not real property that is attached to the underlying land. This is an important distinction.
Be sure to talk with an experienced mobile home retailer/broker that is licensed in order to give your mobile home the right valuation so you know what you may be able to sell it for if you list it with a mobile home broker or a real estate agent if the mobile home is on private property. If you can wait the 3-6 months to sell to a full priced buyer… awesome! Price it high and see what you can get!
If you have to sell your mobile home fast… you’ll need to price your mobile home more attractively and be willing to negotiate on price.
There are several reasons why you may want to get cash for mobile homes in San Antonio, It could be due to a pending foreclosure, a recent divorce or death in the family or the need to downsize to save money. Regardless of your reasons, these simple tips can help you sell your mobile home fast at a competitive price.
Want to learn more quick home selling tips? Click here. Better still, call us today at 210-504-8388 for amazing cash for mobile home deals in San Antonio! 😎
We here at JourneyMobileHomes offer cash for mobile homes in San Antonio. We’re local buyers helping local mobile home owners sell their mobile homesquickly with no hassle. We are a small local business based out of San Marcos, Texas. We are licensed and have been in business full time since January 2020!
We either hold these mobile homes ourselves or remodel and fix them up for someone else who would love to live there and enjoy the home themselves.
If your San Antonio, Texas mobile home qualifies, we can you make a quick and fair cash offer.