Questions for RV Resort Site Owners?

[reubenray]

I am contemplating buying a site at a RV resort, but I have some questions? We would have a Casita built on our lot and it would be our home. I asked the Resort rep, but I do not totally trust his answer being he is a salesman.

1) Most parks have age restrictions which this one does also. It is no motorhomes over 10 years old. Does this pertain to Owner's also. My coach is two years old now and we do not plan on getting another one. Will this be an issue 8 years from now.

2) I know this will not be an investment, but would I loose everything I put in it if by chance we had to sell and move?

[FlyingDiver]

1. Get a copy of the HOA bylaws for the resort development. That will spell this out in detail. Usually, it's 10 years or management approval. So if your RV is a good condition there's usually no problem. At our summer place (Hearthside Grove) there's a number of older "classic" Prevost conversions. No issue with them, they're all well maintained. Our coach is almost 8 (model) years old, and I don't expect to have any issue with it for many years.

2. Not sure I understand the question. If you sell, you get what it's worth when you sell it. Might be more than you paid for it, especially if it's a popular resort and they're done building more lots. Or the opposite could be true. A well built and maintained casita should increase the value. But maybe not by as much as it cost you to build it.

Also, be sure that the resort allows for year-round, full-time residency. Some don't because of local zoning laws.

[twogypsies]

Each place will be different. You'll have to really get definite information from the park you're considering. Also, keep in mind that some parks won't let you or other sleep in the casita. If you buy, get it all in writing. Good luck.