Buying a used manufactured home isn't that different from purchasing a new home, but we're help you take note of things to be aware of.
Many people shy away from buying used homes in general. They are intimidated by the work that could potentially go into fixing up a home or living in a place that may have exceeded its warranty. These are valid hesitancies, however buying used also opens the door to many positive possibilities. We’re going to explore a little bit about what it means to buy a used mobile home. It may be more of an exciting journey than you were expecting!
You can make it all your own – Personalization is such an important factor in homeownership. It really is true in the world of manufactured homes today that you can create the home you want. Mobile homes are versatile in more ways than one. If you purchase a fixer upper, you can start from scratch essentially and make the home into a place of your dreams.
Check the data plate – All mobile homes have a data plate located within their interiors. It’s usually under the kitchen sink, in the master bedroom closet, or utility room electrical panel.
You want to check this out in any home you consider. It tells you information about how the home was manufactured, including important information like the wind zone, roof load, and other items you need to know as a buyer.
Enjoy your dream location – Mobile homes are after all – mobile. If you don’t want to be confined by what’s already been built or a specific location, then this may be a good option. As long as the home’s condition does not prevent relocation and relocating the home will satisfy local requirements, you could place your home by a lake, in a holler on the mountains, and anywhere in-between. Many people also like the ability to place a home on family land. You should be aware that moving a mobile home could be costly – local movers in your area should be able to provide estimates.
Set up and delivery – You want to be sure to find out what the seller offers, if anything, in the way of set up and delivery. Sometimes it’s included in the cost and sometimes it’s separate. It’s also important to use a reputable professional mover. Do your research, especially if you choose your own.
Price difference/ fit your budget – There’s no doubt one of the perks of mobile homes is the price. They typically cost less than site-built homes per square foot, especially when used. They won’t hit your wallet quite as hard, and instead of always resorting to renting – they offer the ability to own a home and stay in budget.
Less money to fix up/ maintain – Since mobile homes are manufactured that means usually that they are built with more economical materials, meaning that they may be less expensive to repair or maintain. This will all depend on your specific model, but will usually ring true.
Rental power – You might be considering a mobile home as secondary housing or as an investment opportunity. In this case you could purchase a mobile home to rent out to friends or tenants.
Check Out First-time Home Buyer Tips!
A used mobile home may be the choice for you or it may not be, but it’s always smart to evaluate all your options when purchasing.
