Read the fine print before purchasing


Park models at Voyager RV Resort in Tucson

Many full-time RVers, after traveling for a time, decide to get a homebase again. Opportunities exist to lease or buy an RV lot. Or, you could go for a park model in an RV resort or park or even a mobile home. An article about a property scam in England at Money could happen here.

About 100 people bought into a mobile home park planning for this to be their retirement home. They were not aware until the transaction was completed that they could not live all year round in this park. Some areas in the United States have this restriction too. You cannot stay the whole year. It’s fine if you are still RVing and go off for a trip for the required time but if your RVing days are behind you, then this could create a hardship.

It is always wise to have an attorney read over a contract. And for the buyer to read all rules that the park or homeowner’s association has and that will apply. Don’t find yourself surprised after you have made a considerable investment. Jaimie Hall Bruzenak

June 30, 2013
Categories : Hanging up the keys, RV retirement
Technorati Tags: full-time rvers rv rv park rv retirement

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