Mobile Home Bill of Sale Form
A mobile home bill of sale is a legal form that provides a buyer with sufficient proof that they are now the rightful owner of the home. It contains the contact information of the buyer and seller, details on the mobile home that was sold, the amount of money that was exchanged, and any other details necessary to record the transaction.
Manufactured homes do not require a mortgage like a standard house. Instead, they are considered personal property (like a car or boat) as they are movable. For this reason, the buyer and seller must agree on where it will be located. For example, if the property is on the seller’s land, they may require that the buyer move the mobile home or pay rent.
How to Sell a Mobile Home (4 Steps)
Mobile homeowners must clean the home before listing. It needs to be free of dirt, smells, and stains so that it is presentable to potential buyers.
Inspecting a mobile home often increases its value. Through an inspection, a seller learns about repairs needed and other issues with the home. It is recommended that the owner performs the restorations to make it more appealing.
On average, the cost of a used mobile home is between $10,000 and $25,000. However, this amount is variable as it depends on the quality and size.
For example, a single-wide home is ten (10) to sixteen (16) feet long. It costs less than a triple-wide model, which is fifty (50) feet or more in length. Additionally, sellers who care for their homes sell for a higher price.
NADA charges between $30 and $50 to appraise manufactured homes. Owners who do not wish to spend money can research an ideal price. They can find this information by looking at the property tax assessment, which typically lists the value. It can be found by comparing the costs of similar models online, as well.
MHVillage is a site used to list mobile homes. The cost is $59.95 for each listing, and includes a free NADA appraisal and selling tips. Craigslist charges sellers $5 to list their manufactured home. Mhbo is free and simple to use as it provides users with a way to post and track their listings.
In addition to online services, local newspapers and bulletin boards are other advertising options.
The seller can also hire a real estate agent (as long as the mobile home is located on the seller’s property). However, the agent will take about 10% of the profit to cover their expenses.
In the section labeled “Buyer & Seller”, enter the name, address, phone number, and email address of both parties. Include the date of the sale, as well.
Next, write the information about the mobile home. This includes its:
- Serial Number (#);
- Year; and/or
- Current Location.
Under the “Payment” section, provide the sale price. Check off the correct box for taxes paid, and the type of payment used.
After the document has been completed, the buyer and seller must sign and print their name. If the state requires notarization, then they must wait to sign until they are in front of a Notary Public.