A mobile home bill of sale is used to prove the legal sale and purchase of a manufactured home (mobile home) between a buyer and seller. The buyer may provide a security deposit to the current owner while arrangement for a thorough inspection is conducted. After the inspection is completed and a favorable result is found, the sale may move forward. Once the transaction is completed, it’s recommended that a notary public witness the signing of the document.
SELLING YOUR MOBILE HOME?
Sell Your Mobile or Manufactured Home On Your Terms
How do I transfer ownership of a mobile home in PA?
Bring signed title(s), Clear tax certification from county, and Bill of sale to your local DOT.
Your potential Buyer must be present at DOT to transfer title, however ideally buyer and seller go to DOT to transfer title to help expedite any last-minute issues that arise at the DOT. If You lost your title, we encourage you to check how you to check out this post about the lost title and other common issues.
Is a bill of sale required in PA?
A Mobile Home Bill Of Sale Is not required in PA in most cases. The Pennsylvania Mobile Home Bill of Sale should include the serial number or VIN of the mobile home, the buyer and seller’s information, the purchase price, date of sale, and signatures of the buyer(s) and seller(s). In some states the buyer’s and seller’s signatures on the bill of sale need to be notarized.
Can you sell a mobile home without a title in PA?
In order to sell or transfer a mobile home without also selling or transferring the land on which it is located, the owner of the mobile home who intends to transfer the mobile home shall obtain a new certificate of title or ownership.
How to Use a Mobile Home Bill of Sale
This guide explains the process in most States for the purchase and sale of a mobile home.
Step 1 – Negotiate the Terms
The buyer and seller will be required to come to terms. This will include agreeing to a price for the mobile home. Typically, the seller will have a purchase price that is derived from the type of home is being sold (e.g. single wide, double wide, triple wide, etc.) combined with any land that may be included in the sale (if land is included it may be better to use the residential purchase agreement).
Step 2 – Buyer’s Inspection
In most cases, the buyer will require that the sale of the home is contingent upon it passing an inspection by a certified inspector. Most reports should only take about forty-eight (48) hours from the time the inspection occurred and covers the foundation, plumbing, electrical, roof (leaks), siding, heating systems, hot water tank, and any other structural features of the home.
Step 3 – Agree to a Closing Date
Once the final sales amount is agreed upon by both parties a closing date should take place. At the closing, the seller will transfer possession of the mobile home by vacating and moving out their personal possessions.
Seller’s Responsibilities – Required to bring all documentation, including but not limited to, title, registration, past inspection reports, past repair invoices, lien release(s), and any other certificates that would be helpful or needed for the buyer to register the home in their State.
Buyer’s Responsibilities – Required to bring the funds for the closing in either cash, certified check, money order, or a standard personal check.
Step 4 – Attend the Closing
The parties will be required to authorize the mobile home bill of sale along with the seller signing over the title to the buyer. At the same time, the buyer will need to present the seller with payment for the mobile home.
Afterward, the buyer will be able to take possession of the mobile home and transfer the residence to a lot of their choice.
Step 5 – Register the Mobile Home
After all the documents are signed, the buyer will need to go to the Department of Motor Vehicles (DMV) or equivalent office and register the mobile home. If the home did not come with land, it will be treated like any other transferrable or removable asset which is covered by the buyer’s local DMV office.
In most cases, the buyer will need to bring title, current/past registration, proof of insurance, mobile home bill of sale, and government issued identification.
Depending on the State there will also be registration fees based on the value of the mobile home in addition to a sales tax.
Mobile Home Bill Of Sale Template
Mobile Home Bill of Sale Form Free Template
Step 1 – Download the file and open it to make adjustments to the form.
Step 2 – Seller Information – Input the information details for the seller including the following:
- Seller’s Name
- Seller’s Address
Step 3 – Purchase Price – Enter the full numerical sales price of the mobile home in dollars.
Step 4 – Buyer Information – Include the applicable buyer information:
- Buyer’s Name
- Buyer’s Address
Step 5 – Mobile Home Information – Complete the description of the manufactured home, by identifying the following key facts:
- Manufacturer
- Model
- Serial Number
- Size
- Year Manufactured
- Location of Home
Step 6 – Have the buyer and seller furnish signatures, printed names, and date of sale.
Step 7 – To properly authenticate the transaction, commission a notary public to witness the endorsements to the agreement. The notary can then certify the document by signing the bottom segment of the form, and providing the prompted official notary information.
Sell Your Mobile or Manufactured Home On Your Terms
“Natalya and her team did their best to help me with selling my home. It was on the market for almost two months before I reached out and asked for some help to sell. The whole process was super easy and fast – it took us less then a week to sell and move to our new home.”
How to Sell a Mobile Home
When it comes to selling your manufactured home, determine first if you wish to sell the mobile home along with the land it currently sits upon, or simply the home itself. If you do not own the land or do not wish to sell the land, the sale will closely resemble the same process as selling a motor vehicle. If you desire to sell it along with the land, the course of action will more closely mirror a real estate sale. If the home resides in a mobile home park, you will want to go over any paperwork you may have signed initially, and take a close look at the rules and the regulations governing your right to sell within the park.
Figure a Workable Asking Price for the Mobile Home
When selling a manufactured home, you will want to evaluate a fair asking price to promote. There is a fee associated with the evaluation although it can be significantly cheaper than having it professionally appraised. The alternative of having it appraised by a certified appraisal expert can be somewhat more expensive but may pay off in the long run. this may be a requirement should it be sold along with the land as many states mandate a certified appraisal when selling real estate. Once you have an assessment of its worth you will then want to perform diligent market research on comparable homes for sale, and use this to come to an estimation of an acceptable asking price.
Do I Need an Agent to sell a mobile home?
There are many ways in which you can advertise the sale of your mobile home. One thing to consider, if your home resides in a mobile home park, is to speak with the management to discuss if they would be interested in purchasing. Keep in mind they may not be looking to pay what you are asking. Despite this, it doesn’t hurt to ask to keep your options open, as in the case you are selling just the home itself, the expenses involved in moving a manufactured home can be expensive. You will want to decide whether or not you will want to contact a broker or sales agent to sell the home for you. The cost of an agent can be up to 10% of the selling price so take it into account before you proceed. In the case, you do wish to utilize a sales agent, opt to hire one specializing in the sale of mobile homes, as conducting the sale may require specific certification and expertise to do so.
Sell Your Mobile or Manufactured Home On Your Terms
Create an Effective Advertisement
If you elect to sell it yourself, the first thing you will want to do is make any necessary repairs and clean the unit thoroughly. Next, you will want to create a description and take multiple photos to best represent the home. Make sure to include the year it was built, the size, square footage, manufacturer, style, included appliances, roof type, contact information and desired payment method (generally cash or owner-financing). When taking photographs makes sure you choose an ideal day to capture the best way in which to display your home in a well-lit environment. Capture photos of the exterior and interior, in all rooms, and any fixtures, appliances or amenities you wish to highlight.
Promote the Sale of the Manufactured Home
There are many avenues to broadcast the advertisement of a manufactured home, starting with the property the home is on. Display a prominent ‘For Sale By Owner’ sign in plain view on or around the mobile home, including a specs sheet nearby for interested buyers.
Show the Home and Negotiate the Terms of the Sale
Once you have potential buyers showing interest in the unit, encourage them to view the home. When showing your manufactured home, give yourself some time to spruce up the overall look for a possible buyer to see. Make sure the unit is open to receiving natural light and is clean and free of any distinct odors. When showing any home, it is a good idea to bake cookies and present a welcoming environment by placing fresh flowers in a vase to make it more inviting. When there is an indication the possible buyer may be interested, you can negotiate price, payment method and the terms of the agreement. If they would like to purchase, an inspection is generally necessary before closing. In this case, it is customary to receive a down payment to secure the unit until the inspection can be completed. This is a good time to start the process of recording necessary information to conduct a background check on the potential buyer if you are providing owner-financing.
Arrange for an Inspection of the Home and Finalize Closing
The buyer will then schedule for a separate inspection to visually assess the present condition on the home. They will want to take a look at all aspects of the mobile home including the heating ventilation and A/C units, roof, foundation, electrical wiring, plumbing and the overall structure of the home. A report will then be generated to be distributed to the buyer within a weeks time. Upon examination of the inspection, both parties can then move forward to closing on a pre-specified date. On the date of closing, the seller will want to be prepared with a completed bill of sale to be signed by both parties, and the title to be signed over to the buyer after the payment is received. If the sale is to be conducted by utilizing owner-financing, completing a promissory note would also be beneficial. Once the paperwork is signed and the payment exchanged, the seller can deliver the keys to the buyer.
Register the Mobile Home
After completing the purchase of a manufactured home, the buyer is obligated to register the home in most states. To do so you can contact your local DMV facility and request information as to what documents to bring before attending a location. Requirements for most states generally involve the Bill of Sale, transferred title, proof of active insurance, and valid identification.
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