My Most Difficult Sale

The most difficult real estate sale that I had was a mobile home way back in 2015. California makes mobile home sales very difficult for both buyers and sellers. In California, mobile homes are sold not as real estate properties, they're sold as personal properties like cars. It was a long process and lending was difficult. You have to go to specific lenders and most of them don't give 95% loans. Non-conventional lenders want you to put a significant amount of money down and the rate would be 2 to 4 points higher than a conventional loan on real property. Once you get the sale into escrow, the California process creates extra length and hurdles for both the buyer and the seller. Watch the video to learn more. 

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Based on information from California Regional Multiple Listing Service, Inc. as of May 16, 2022. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. IDX provided by Sierra Interactive.

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