subject: Soaring Sales Of Foreclosed Mobile Homes In South Carolina [print this page] Newlywed couples and even bachelors or bachelorettes, seeking stability and independence, usually wish to own and live in their own house someday. Not only do they aspire having a place they can call their own; they also want to have a place where they can stay and have much needed rest.
Unfortunately, not everyone can afford to purchase a house. Apart from the negative consequences of a depressed economy, people only have limited financial resources to spend on daily necessities. As much as they would want to invest on a property, they are hindered by their financial incapacity and tight budget.
Cheaper Way to Purchase Ones First Home
When people talk about the types of houses, almost everyone thinks of the most popular styles: bungalow, two-story house, apartment, or condominium unit. No one may ever think of a manufactured house because it is uncommon and infrequently seen.
But do you know that, prefabricated dwellings are known to many as a shelter that is ideal for any type of weather? In fact, over 15 million Americans reside in trailers. Many prefer trailers because besides being mobile, they are also affordable.
Today, investors and interested buyers take advantage of purchasing foreclosed mobile homes. One of the states with the most number of house trailers is South Carolina. South Carolinians have varied reasons why they prefer this particular kind of housing than the usual ones. But with almost 10 million static caravans around the country, this type of housing seems to be a common choice for most Americans.
Living in the Palmetto State
Those who have stayed and lived in South Carolina proved that their stay is such a wonderful experience to cherish for the rest of their lives. Based on a report recently published by SC Department of Commerce, the state has a lower cost of living than neighboring states. The report showed that its effective purchasing power is $1.16, which means the average of $1 across the country can purchase $1.16 worth of goods and services in South Carolina. With regard to real estate industry, the said government agency revealed that home values have remained strong in the Palmetto State. In fact, it is the 5th best housing market in the country in recent times, according to Home Builders Association of South Carolina.
Sales of foreclosed properties in the state have really soared.
Numerous Benefits
Though the property is not new anymore, buying a distressed manufactured house in South Carolina, which was put into sale by a mortgagee or lender because of the unpaid balance of the borrower of the loan, can still be advantageous. One will enjoy the following benefits once he or she prefers this type over other types:
-Since prefabricated houses are built in factories and not on site, they can be acquired at a much cheaper cost compared to stick-built homes. Additionally, maintenance of the property isnt so expensive.
-Owners of static caravans only have to pay lesser property taxes and lower insurance costs.
-Those who experienced residing in a house trailer proved that living in one is so affordable.
-Some purchased foreclosed mobile homes to earn money out of them while some rent them out or renovate and resell them.
With these benefits, investors and buyers will never be disappointed because purchasing a static caravan is such a wise investment.
How to Find Them
If youre interested in acquiring a prefabricated house but do not have any idea on how or where to start, its time to seek an online data service provider and get the updated listings of available distressed house trailers across the country. According to Zillow.com, the prices range from $12,900.00 to as much as $299,999.00.
ForeclosureMagic.com, a trusted web-based data service provider, can assist you in finding and buying a movable property anywhere in the country. The website specializes on providing sets of information pertaining to commercial and residential real estate services to help clients achieve their goal of either owning a property where they can live or renting it out. It lets you activate a free account for you to start the acquisition process. The site can help you reach your goal of investing in foreclosed mobile homes.
To learn more about foreclosures in South Carolina and have an idea about why such sales here keep on soaring, visit the website: http://www.foreclosuremagic.com/.
