Vacancy control means when you sell your mobile home in a park the buyer's increase in rent is capped at 10% above your current rent. Park owners do not want any vacancy control to limit the amount of profit they can charge the buyer of your mobile home. According to Mobilehome magazine (March/April 2012): Your equity decreases $1000 for every $10 your rent increases.
Protect your home and your investment by knowing what is happening in your area and your park.
Scott Wilson
Weibelinsurance.com
1(800)653-5565
