March 2022

We get a lot of calls from manufactured home buyers that are attracted to the low real estate price points especially those that can be purchased for around $200,000.  Most of the times there is a catch and many of these homes are located on leased land where you don't own the land where the home is located on.  Under this scenario you pay a monthly space rent fee to the owner of the land which in recent years has become very expensive.  Often times these space rents can be around $2,000 a month which is on top of any mortgage costs that you may have on the home.  The Lakeshore Gardens community in Carlsbad is a perfect example of this where you can find homes for under $300,000 but many of the space rent fees can be $2,000 or more.  The buyers are always