advice pls, to sell or not to sell 2 year home owner
Me and my S/O purchased a manufactured home in WA state for 390k, on its own land (not in a trailer park), about 2 years ago. He just med boarded out of the army after 6 years of serving, and we are now starting a new life in NC.
We are torn whether to rent it out for now and sell later, or sell now to avoid any potential future maintenance needing done. Unfortunately, we made a bad decision and already invested a wopping 20k due to all of the windows being improperly sealed and getting mold in them.
He's biggest fear is finding out more things wrong with it down the road and putting ourselves deeper into debt than we already have.
My fear is missing out on possibly making profit on it by waiting atheist 4 years to sell, so we can pay off the investment we made on it and maybe pocket something.
I've been doing research as well and is it true that mobile/manufactured homes depreciate in value, opposite to a traditional home that appreciates?
Also I should mention that the homes current estimated value is at 400k. Thank yoh
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source https://www.reddit.com/r/RealEstate/comments/1ia88a2/manufactured_home_2_years_later_sell_or_no/
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