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What is the catch in this house
Hi
I am Australian and I got my Canadian permanent residency recently I was looking at house prices in Edmonton, Alberta. I found a beautiful house (Furnished!!!) for less than $50k. That does not make sense, there must be a catch I did not get Here is the ad description. Welcome to this well-maintained 2002 home in Westview Village! This home comes FULLY FURNISHED at no additional cost! Your BRIGHT open concept living space welcomes you with VAULTED ceilings, Laminate floors through and plenty of windows. Youll love the bright spacious kitchen with SKYLIGHT, great storage space and corner PANTRY! Down the hall, find an XL Master Bedroom with full 4pc ENSUITE & WALK-IN closet. Bedrooms 2 and 3 are located down the hall and share their own full 4pc bathroom. The entrance includes storage, closet and washer/dryer. Enjoy your huge WEST-FACING fully-fenced and private yard with deck and plenty of green space. Live in the best mobile home community in Edmonton with playgrounds, walking trails, parks, lakes, skating rink, convenience store, gas station, daycare & restaurant. Available for immediate possession! Easily the best value in Westview Village for a newer home! Only 3 fully-furnished homes for $49,000 remaining (id:1937) not sure what i am missing here ! |
Re: What is the catch in this house
It's a mobile home.
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Re: What is the catch in this house
You mean a caravan?
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Re: What is the catch in this house
Originally Posted by KenA
(Post 12764313)
You mean a caravan?
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Re: What is the catch in this house
aha.. no land.. that is the catch.. thanks
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Re: What is the catch in this house
Key here is to look at the Realtor.ca 'Building Type' which is 'Mobile Home'. UK equivalent would be a 'Park Home'. Dunno what they call them in Oz.
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Re: What is the catch in this house
Its also 20 years old so basically not worth a lot, in 5- 10 years it will be worth zero and you'll have to dispose of it, westview charges $700-1000 per month for the Land it sits on including electricity, and they are tricky to finance/insure
If you need a realtor in Edmonton my best friend is one, you would essentially need one to buy a house here..... |
Re: What is the catch in this house
Rent for a year. Don't be uninformed fresh meat for an estate agent.
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Re: What is the catch in this house
Originally Posted by KenA
(Post 12764313)
You mean a caravan?
This one is gorgeous |
Re: What is the catch in this house
Originally Posted by AMB1971
(Post 12764367)
Its also 20 years old so basically not worth a lot, in 5- 10 years it will be worth zero and you'll have to dispose of it, westview charges $700-1000 per month for the Land it sits on including electricity, and they are tricky to finance/insure
If you need a realtor in Edmonton my best friend is one, you would essentially need one to buy a house here..... https://www.genworth.ca/en/products/...a-program.aspx Many parks won't allow full time use of a trailer / mobile home / park model to live in all year round; plus if it's old, there's no value in it and you may not be able to sell it later. I have a friend who has one at a lake park - it's over 10 years old - and she is not allowed to sell it, can only reside in it for so many months a year. https://ateamymm.ca/purchasing-mobile-home https://www.kijiji.ca/b-alberta/mobi...r-park/k0l9003 |
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