Buying RV Lots - Pitfalls, Warnings, Advice?

[mstephens]

We are considering this idea of buying an RV lot to use as a winter home base. I've bought plenty of houses and lots in my life, but never an RV lot. I am wondering if there are unique pitfalls involved?

Do these close like a regular real estate purchase?
Easy to sell or hard to sell?

I like the idea of the NW Florida coast, or the gulf coast in general. Another location of interest would be Palm Springs/Indio.

Any comments appreciated.

[overlander63]

It depends on a lot of variables as to whether it would be easy or tough to sell one. If it is at the beginning of the local camping season, it would be easier to sell off than at the end of the season. Buying a lot would be similar to buying in a heavily-HOA restricted community.

As for where to get one, it depends on where you want to be, and what potential issues you want to deal with. For example, Florida generally doesn't have earthquakes, but the desert Southwest doesn't have hurricanes.

Oh, welcome to the forums.

[mstephens]

Thanks for the welcome.

I meant to also ask, do you get a "deed" with these lots typically?

[overlander63]

Originally Posted by mstephens

Thanks for the welcome.

I meant to also ask, do you get a "deed" with these lots typically?

It depends on how the place is incorporated. For example, my parents bought a lot with trailer, but the place was owned by a corporation consisting of the residents, which each owned one share of the corporation. The corporation held the deed, while my parents held a single share of voting stock in the corporation.