ExcitedEYE Unique Gift Shopping

What do you know about land contract? I am thinking of buying a cheap (yes, that’s the best word, not “afforable” or bargain priced…LOL) mobile home. What do I care if it falls apart in 30 yrs? I will be old then. Maybe in a nursing home or retirement community. Sure, people like to will/gift an old house to thier children, but… by the time I am 60, I would hope that my 30 yr old kid has already bought her own home. She will not need the sale of my house to benefit her. Times change. people live longer now… wait… does that mean I should buy a stick built/block house? Please? someone help me! advice, please! I’m very lost. I’ll do whatever you tell me to do. I’m young. I don’t know the first thing about buying a house. It is suggested that I get FHA approval for my loan. But I have $15,000 for a down payment… or more ($8,000+).. (but I wanted to go shopping for new beds, matteresses, maybe even a used car, any appliances, stoves, washer dryer, dishwasher, needed)…
Thank you!!! Fascinating! excellent help everybody! wow! Yeah, I suppose an “older” mobile home would be much much “older” in 20 yrs, huh? what will I do? I’m not sure. But it is on , gasp, State land! The location is to DIE for. Surely, someone will want this property , purely based on the location, it has re Sale value! Awesome Idea though. WHERE will I live? if my mobile home falls apart?????? That’s a good question. Maybe I can save my usual “house payment” amount towards a new mobile home? Because this one will be paid off in 2-3 yrs if I use land contract? then, I can continue to place the normal “house payment” amount into a special savings fund? for next future mobile home??? maybe??? we all know how some people can not keep a strict savings. but this is really important!!!!! Besides, all that “extra” money would be pure profit. It should go into savings. How many beds and tvs can one person buy????? LOL

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