Working with a mobile home wholesaler in Phoenix can be a great way to find a mobile home or add to your portfolio. Learn more about the benefits, what to watch out for, and how it works in our latest post!
Do you want to find great deals on investment mobile homes in the Phoenix area? Working with Sell Phoenix Mobile Home Fast can help you find some of the best area properties at unheard of prices. Below, we will explain how wholesaling mobile homes works and how to work with a mobile home wholesaler in Phoenix!
Study The Phoenix Market
Before working with a mobile home wholesaler in Phoenix, you’ll want to have a good idea of what mobile homes sell for in your Phoenix. Take a look at trends, recent sales, and who’s buying. You’ll need to have something to go on to ensure you are getting a great deal! Most of this information is public and can be obtained from sites that share MLS data such as Zillow and Trulia. You can also find the majority of this information through your local property appraiser’s website. Before you buy the mobile home, spend some time learning about what is happening in the Phoenix mobile home market.
Find The Right Mobile Home
Not all Phoenix wholesalers are the same. We can’t stress this enough. Some wholesalers are marketing the same property as many other wholesalers, some are inexperienced, and some will rope you into paying a non-refundable deposit, only to cancel the sale and walk away with your cash. As such, wholesalers often get a bad rap. However, when you find the right wholesaler, it can be like finding gold. It’s important to find someone who is experienced, who understands your goals, and who can provide the references to back up their claims.
Do Your Homework
At the end of the day, the due-diligence lies with you. You’ll want to ensure the title isn’t cloudy and that there won’t be any other claims to the property, liens or tax liens. To do so, have an experienced firm run your title search and check with the local DMV. You’ll want to be able to run some comps for the house, both before and after repairs have been made. Try to get at least three solid comps for each scenario. You can estimate repair costs yourself or hire an inspector to tell you what is wrong. From there, you can obtain estimates from local contractors to perform the work. Keep in mind, that repairs can often be higher than originally quoted, so be sure to plan ahead for this when determining your repair budget.
Be Able To Close Quickly
When you find the perfect mobile home wholesale deal in Phoenix, you’ll want to get the ball rolling as quickly as possible. While you don’t want to cut corners, you should try to complete your due-diligence as quickly as possible. There are likely several other mobile home buyers looking at the property and you don’t want to find yourself missing out on a great deal. That said, if you miss out on one, don’t get too discouraged. Set your sights on the next deal… it’s out there!
Why Work With A Mobile Home Wholesaler In Phoenix?
You might think you can just go out and find the deals yourself and you would be right! However, a lot goes into marketing and sourcing the properties we offer. We spend a tremendous amount of time in negotiations, not always getting the deal. However, when we do, it can lead to a simple, fast, and convenient way for you to buy a mobile home in Phoenix at 70% of the market value. When you work with Sell Phoenix Mobile Home Fast, you will be able to save both time and money.