New vs repo - Posted by Peter Greenberg

Posted by Marty (MO) on May 16, 2007 at 03:32:23:

you might check over at MHU- this is covered in depth over there. repo
sources, everything.

New vs repo - Posted by Peter Greenberg

Posted by Peter Greenberg on May 15, 2007 at 20:44:38:

What is the consensus about buying new single wide manufactured homes vs repos when you have over 100 vacancies to fill in a price constrained market (eg sell home at or near cost and hold paper to create occupancy).

Which manufacturer has the best product for the money in the lower priced single wide 3 bedroom 16ā€™ x 76ā€™+/- range?

What are the top 5-10 repo sources for pre-owned homes?

Re: New vs repo - Posted by Sailor

Posted by Sailor on May 16, 2007 at 15:50:32:

Iā€™d certanly want bids if considering wholesale purchase. Delivery
can be delayed because some factories have to be re-tooled in
order to mfr. SWs.

A lot depends on your area & the availablility of repos. Are you
sure your mkt is price-constrained or just monthly-payment-
constrained? If I am financing a sale I want to make more than
interest, even though I know occupancy increases value (note
are exceptions).

Is this a real situation yet, or a contemplated purchase? Where?