Older mobile home upgraded but leary to purchase (insuring, co-op)

[mdc1022]

Originally Posted by Ghost Town

How much cash do you have?
From this description everything seems to be on a borderline.
But if you are already used to mobile home settings, why not to go off grid?
Just look for an off grid land for cheap and buy with cash.
Then get trailer or build more permanent structure for cash.

I have just over 150 grand that I can comfortably spend BUT my goal would be to have monthly expenses less than 400 a month, which is doable because everything I have is paid for>>> this way I can save $$ every month and still be comfortable.
there is no cheap land I have been looking and a new home is 200,000 or more!! I will take my time I am in better shape than most and grateful BUT I know what I want to do to be comfortable into my 80s and save $$ every month and still enjoy my life and not sacrifice on what I want to do and be financially in good shape.

[Ghost Town]

Originally Posted by mdc1022

I have just over 150 grand that I can comfortably spend BUT my goal would be to have monthly expenses less than 400 a month, which is doable because everything I have is paid for>>> this way I can save $$ every month and still be comfortable.
there is no cheap land I have been looking and a new home is 200,000 or more!! I will take my time I am in better shape than most and grateful BUT I know what I want to do to be comfortable into my 80s and save $$ every month and still enjoy my life and not sacrifice on what I want to do and be financially in good shape.

150K cash is decent for off grid. And that assumes no monthly payments for dwelling, except small property tax once a year.
Maybe not in Tampa Bay, but there are some cheaper rural areas in FL

[mdc1022]

Originally Posted by Ghost Town

150K cash is decent for off grid. And that assumes no monthly payments for dwelling, except small property tax once a year.
Maybe not in Tampa Bay, but there are some cheaper rural areas in FL

Due to family issues and other things, we need to be in Polk county.

[Ghost Town]

Oh so that seems not to be in Tampa Bay.
Should be even easier, cause I see that county is further inland.

Fresh article: guy lived off grid in Orlando.
https://www.businessinsider.com/live...ricity-2023-12

So everything is possible, especially with 150K cash.

[Tulippsy]

Originally Posted by mdc1022

I have just over 150 grand that I can comfortably spend BUT my goal would be to have monthly expenses less than 400 a month, which is doable because everything I have is paid for>>> this way I can save $$ every month and still be comfortable.
there is no cheap land I have been looking and a new home is 200,000 or more!! I will take my time I am in better shape than most and grateful BUT I know what I want to do to be comfortable into my 80s and save $$ every month and still enjoy my life and not sacrifice on what I want to do and be financially in good shape.

When you say you can spend 400 a month for expenses, what does that mean exactly? Lot rent/HOA fees/ property tax/insurance? Your insurance is likely to be $1500 to 2500 per annum on a manufactured home. Electric, other utilities? Just wondering what you think 400 a month will cover. Apologies if you’ve answered this and I missed it.

[marc3565]

The think with Citizens is they are raising rates significantly each year and the state is pushing them to shed policies through depopulation. As part of that other companies will offer to take over your policy. If their offer is not more than 20% higher than your current rate you must accept it. Citizens will drop you regardless if you accept it or not at that point.
Although your scenario is unlikely to be the primary focus of the depop companies.

[Threestep2]

Just because something is within your budget does not mean it is a bargain. Curb appeal and decent furniture are lipstick on a pig. Quick fixes for a sale. You have already discovered water damage under a sink. What else is under the skirting, in the walls?
It is not that difficult to take unpleasant odors out of an enclosure at least for a while.

[mdc1022]

Originally Posted by Threestep2

Just because something is within your budget does not mean it is a bargain. Curb appeal and decent furniture are lipstick on a pig. Quick fixes for a sale. You have already discovered water damage under a sink. What else is under the skirting, in the walls?
It is not that difficult to take unpleasant odors out of an enclosure at least for a while.

Thats why I would get a full inspection

[Threestep2]

Originally Posted by mdc1022

Thats why I would get a full inspection

I do not know when you bought your last home. Please read up on what a home inspector actually checks and what he is responsible for.

[mdc1022]

Originally Posted by Threestep2

I do not know when you bought your last home. Please read up on what a home inspector actually checks and what he is responsible for.

I did and found one that will do everything we want and need should I go forward with this home.