HOA fees in trailer parks in my area are triple the mortgage.
Venting because house buying is a mess anyway but now I’m getting priced out of trailer parks, or should I say “manufactured neighborhoods”, as the HOA fees in most are three times what the mortgage is. None of them have pools, community centers, street lighting, sidewalks, communal mailboxes, and more than half don’t even have gravel or paved roads. It’s already nuts they’re selling a 1992 single wide with half the roof missing for $100k on less than 1/4acre but then to have a $1000 a month HOA fees for “community maintenance”???? It’s a dirt road with a sign up front and ten single wides or trailers falling into the clay soil. One of them had a really nice sign that advertised “newly painted community entrance” with the first house behind it literally collapsed in still from Helene. Not that a grand is ever worth it but come on, it’s a trailer park not a luxury neighborhood. Does the fee come with built in security for when Debra’s meth lab blows up next door?
Also I’m not talking about the lot lease, that’s a separate charge. My friend said they’re trying to keep them vacant so they’ll be allowed to tear them all down and sell the land but idk if that’s gonna happen. People just seem to buy them with twelve other people. Idk thanks for letting me rant because what the hell.