@keishabryant4650
And your right a lot of these type places you can not move the home as well. I am so looking into living in a van or turning something into a home because living in folks homes. I need to own my own destiny. I need what's right for me.
@susanboyd4238
you have pay for the rent for the land in a mobilehome park and also the mortgage, it is better to buy a small house even if it is dump. You can fix it up slowly, but it might be hard to get a loan if it is in bad condition. Try to find a small house with a small yard, because mowing a large yard cost alot of money with gasoline or electricity. Best deal is a small well kept home, it might be out of date but they took good care of the home with good maintanence.
@blake.johnson
Sounds similar to HOA fees when buying a condo or townhome. The properties themselves seem reasonably priced but then the monthly HOA fees are hundreds of dollars per month (sometimes more). Those feeds typically go towards maintaining the community and amenities but I can see how that can be a turn off if you're trying to be mindful of where exactly that money is going each month. Depending on how well the community is managed you may or may not see what you're paying for.
@kiki.glows2
You're so amazing for making this video to help more people find options for housing. You'll find your place, keep your head up beautiful ♡
@mrsbutterkup3849
You have a solid head on your shoulders and thinking about the long term and not being spontaneous and end up in a horrible situation. I also wouldn’t want to be stuck renting land after my mortgage is paid off. Many times mobile homes lose value so there’s likely never going to be a situation where a person would have equity in their home. I can easily see a place like this making a person “stuck” financially because of contract or park rules that prevent you from being able to make the decisions and choices that are right for your circumstances. I’ve dealt with both car and mobile home dealers who only care about the $$$ and not what the poison they are pushing is doing to the lives of other people. Take care!
@wakeuppeople777
You pay the mortgage to rent/purchase the house. The $525 is rent for the land it sits on. So even when you have paid off the house and it's yours, you still have to pay rent on the land/lot it sits on. It's another way to keep people in debt and keep money in the land owners pocket. True freedom would be a place where the land comes with the property. That's my dream!
@blake.johnson
Definitely look into first time home buying programs in your city/county/state, FHA mortgages, and other government or organization backed options before going the rent-to-own route. Many programs out there that will assist with down payment and closing costs (either in the form of grants or forgivable loans) and mortgage financing for those that wouldn't typically be able to get a conventional mortgage. I looked at Divvy and it's definitely an interesting option. You might have reached your own conclusions by now, but from what I gathered it makes the most sense if you have a particular home you want to buy or want to get a sense of homeownership without the full commitment. Consider you're essentially paying market rate rent (however they determine what amount that is) plus that percent extra that goes towards your down payment. Could make sense but you could also end up renting something more expensive than you otherwise would and temporarily giving up control to that money being "saved" for your down payment. Most markets are also still relatively expensive and prices continue to fall. With Divvy you're locking in that price relative to the current market, so I would still wait either way. Again, you might have already figured this out on your own but figured I would share my own conclusions reached when exploring Divvy not too long ago for any readers who may also be curious about the pros and cons!
@susanboyd4238
the space rent for a mobilehome can keep going up and up and up every year. So you might be paying 500 per month when you move in, but 10 yrs later you could be paying $800. You are throwing money away with space rental.
@blessedblessings1995
They're 33,000 people on the Atlanta housing authorities listing for subsidized housing for low-income housing and for section 8. The section 8 waiting list is about 4 years from now more like 40 years
@keelanaalise9239
I can’t wait for the Divvy video, I was looking into that as an option to buy a home. I also looked into Clover Ranch once before and decided not to go with them for the same reason.
@kathybest6950
Your a wise young woman
@tonyamorrisonladybugtluv347
You right about that ... People don't get played because this is clearly owning a home and paying rent (lot fees) which they can raise when they want to especially if they sell the lot which is why i could never bring myself to buy a mobile home even though they are affordable and very nice and i do mean very nice and roomy ... Its just not worth it ... I did find one where you own the home and the land it sits on but it wasn't nice..... I will be looking for others like that
@greenbyrd3665
This is standard practice in mobile home communities. As you said, those lot fees can be inreased so that's definitely something you should consider before you make that move.
@thislittleshedofmine
I hollered... How you gone keep finding drug dealers lol 😆🤣🤣 This was some great info... You are so smart!! You are definitely help someone as you just never know who may come across this video and need this info!!! Sharing is Caring!! Thanks for Sharing!! ❤️❤️❤️
@nancygreen3705
You can try getting approval for a house! It doesn't have to be a brand new house.. may need some work but it'll eventually be yours. And you won't be giving $600+ to the park owner for rent.
@rosalynwilliams4191
Lot rent. That’s all mobile home parks. Bad part about it. They usually go up all the time.
@freegurl76
Did you say $94,000 for a mobile home? 😳 No way! That doesn’t make sense. In Mississippi, you can get a brick house.
@theonestop6441
They raise the lot rent and you can't afford to move it - then you lose it or have to sell it for the low!
@elainechapin
Paying lot rent is about the same as paying ur taxes every year
@FreeSpiritMom