I am a 10 year AD AF Member, I purchase my double wide mobile home back in 07' when housing was very high in California. I thought a $60k purchase was a smart choice for me in a market where houses were selling for $300k+.
Here I am facing PCS orders, current mortgage is $45k, We have 4 kids one on the way and are a single income family. The biggest problem I face is that my mortgage + lot fee are $1k a month and I am not allowed to rent my house due to park rules. Also the mortgage is not with the normal banks since it is a mobile home mortgage.
Houses are selling around me but for extremely low amounts(less than $10k) by people who outright own their homes and just want out.
What options do I have? there is simply no way I can afford my lot fee + mortgage+upkeep(without upkeep would face eviction) while we live somewhere else. Even if I could find a buyer it wouldn't come close to the amount I owe. I know many are $100k+ over but at least they can rent their houses.
We have though about my wife seeking work but with child care costs it barely nets a profit.