New Home Planning Kit

STEP EIGHT: TRADE-INS ON NEW HOMES

Yes, we do take trade-ins. It is not uncommon for customers to upgrade their homes by trading the old one for a new mobile home. As of Oct. 13, 2004, no homes built before 1976 can be relocated in Florida—they have to be disposed of, and no trade-in value is allowed. Buyers face the dilemma: "Do I remodel the old home? How much is that going to cost? Or, should I trade it in on a new home? Trade, remodel, or just forget it?"

We have worked with customers who find the price of remodeling to be $25,000 or more. Once the remodeling is done, one still has an old home. In most cases, if remodeling the older home to bring it up to an acceptable standard is extensive (which also translates expensive!), it would be more prudent to look towards the purchase and value of a new home.

Here is an example of how a trade-in works. Let's say the customer has a 1976 or newer 12' x 56', 2 bedroom, 1.5 bath, in very good condition, to trade. The attachments such as carport, screen room, or Florida room cannot be used again because they don't meet current building codes, so they are salvage materials. We estimate that we can sell the trade-in home on our sales lot for $2500. This amount would then be subtracted from the cost of your new home.

Not For Everyone

Not everybody trades his home in. Many remodel or forget it and settle for what they have. That's fine with us. We want the customer to be happy with our help and advice, even if it does not result in a sale. If we sold a home to everybody we talked to, we couldn't handle it! We are available to you and offer any assistance you may need.