Question by AW: Should I stay in my paid off mobile home or invest in a house?
The mobile home is a very nice 1997 single wide (vinyl siding and shingle roof) that we bought new and have had it paid off for several years. We own the lot that it sits on (not in a trailer park). My question is, would it be better to just stay in the mobile home rent free or sell it and invest in a regular house?
I should have mentioned the house I’m thinking about buying is listed at 35% below the appraised value.
It’s a foreclosure.
Answer by Uncommon Sense
If it’s paid for stay there.
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