Iツ知 looking for a VERY cheap mobile home. Essentially I'm already paying boat storage, and would like to kick up a monthly payment for a place to stay too. All the river communities are open, but I'd prefer Bullhead or Ft. Mohave. Iツ知 assuming Havasu is out of the question based on price.
I'm seeing listings for $55K, and this is where Iツ知 aiming.
Some questions:
Are traditional "home" loans available for these things?
Are they insurable?
What are property taxes etc... like in AZ?
Depends on if it is in a park or on fee land. You can finance a MH on a permanent foundation if its on fee land and is not too old...depends on lender. Fee land means you own the land, not lease it.
If it is in a park you will pay for the MH and also ground rent/lease which can run $300-500 per month. These are hard to finance and you are better off hitting the equity line or seeing if the seller will carry a note for the purchase price.
Foremost will insure most any older MH and should run under $500 per year. The big insurance companies will insure a newer coach.
Taxes will vary and will also depend upon if it is in a park or not. In most cases taxes should be well under $1,000 per year.