Re: Is it just me? - Posted by Ron_KS
Posted by Ron_KS on March 17, 2001 at 20:51:27:
Just read your post and really don’t know the answer to your question. I guess it depends upon the market and in Georgia, as I understand it, you are in the mobile home capitol of the country. 3/4 acre lot with a 21 year old mobile home doesn’t really impress me, particularily at $35,000.
Matt, I don’t know what land sell’s for in Georgia but I believe the mobile home would be worth no more than maybe $2,500 to $3,000. Assuming you bought the mobile home for $3,000.00, that mean’s you’re paying $32,000.00 for less than an acre of land. I would really have to pass on a deal like that, unless there is oil just beneath the mobile home.
Anyway, that’s my .02 cents worth, wishing you good luck,