Tips for RV Lot Buyers

It seems more and more RV resorts are being built for the purpose of selling lots. Some existing resorts are converting to lot ownerships. Even membership campgrounds are beginning to sell or lease some of their sites as the number of members declines.

To me, and perhaps to you too, owning an RV is about travel and seeing the country. At the least it’s about being able to move if you don’t like the neighbors or get tired of the view. So the concept of buying a lot in an RV park or resort may seem counter to the RVing lifestyle. But for some RVers owning an RV lot may make sense.

Most full timers have a home base. Usually a home town, or where they have family and friends. Owning an RV lot in a resort park in or near your home base can make sense depending on how much time is spent there. It could be used as a permanent home when it is time to hang up the keys to the RV.

Snowbirds who spend the season in the same area year to year may find owning their site advantageous. Especially if the RV can be left on-site during the off season. Depending on the purchase price, buying may be less expensive than several years of seasonal rental fees.

RVers who enjoy weekend and vacation getaways close to home may enjoy the activities and amenities a particular RV resort may offer.

Could owning an RV lot be a good choice for you? Here are some things to consider.

Will it be strictly for recreation?
Are you anticipating an eventual return on investment?
Will it be a retirement residence?
Is it located close enough that you can visit regularly?
How often do you plan to use the property?
What are the maintenance fees?
What do you want to do with the property when you aren’t occupying it?

How the vacation property is used, how often it is occupied and if the lot is rented to others during the year will dictate which insurance packages are appropriate for you. Some insurance companies will consider providing insurance for your vacation property only if you insure your primary residence with them as well. You can have your vacation property listed on your home insurance as a secondary or seasonal location, or you can have insurance for the property as a separate, standalone policy.

Research the RV Resorts you are considering by talking with RVers and others who own lots there.

Here’s a webpage that covers the subject if buying an RV lot greater detail.
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During nine years of shunpiking, (driving the back roads) Marianne Edwards and her husband have found hundreds of free campsites. In response to questions from friends and relatives, who wonder how they can afford to travel as often, as far, and for as long as they do, The Edwards’ have written a series of RV travel guidebooks they call The Frugal Shunpiker’s Guides
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