Manufactured Homes: For Travel and for Living.

Manufactured Homes

Most people are familiar with manufactured homes, once known as “mobile homes.” These are convenient units which can travel and are relatively inexpensive compared with regular homes. Manufactured homes are built in factories in accordance with the Federal and HUD regulations. Manufactured homes are inspected for quality and once they pass screening, they are put on the market.

One of the advantages of manufactured homes over regular homes is versatility. You need not stay in one place, but your home can travel with you on vacation or can accompany you to a new place of residence. Although many who move may choose to purchase new manufactured homes, it is possible to take your home with you. Manufactured homes also make it possible to go on vacation without leaving your convenient items behind, and it saves the money that would otherwise be spent on a hotel or in restaurants. Many fishing, hunting and hiking enthusiasts take vacations in their manufactured homes. However, it is important to be aware of which places are zoned for manufactured homes, since it is not possible to “park” your house anywhere, but only in places designated for manufactured homes.

Another advantage of owning manufactured homes is the price. Although a traditional mortgage usually cannot cover manufactured homes, they are much cheaper than regular houses and repossessed or used manufactured homes are often half the price of new mobile homes, even if they are hardly used. It is possible to find manufactured homes for as little as $10,000 and payment is usually in installments. Many pay as little as $450 a month, which is cheaper than renting an apartment in many areas of the country. Purchasing manufactured homes is a great way to avoid throwing money away on rent, since you will be spending about the same amount as you would be paying a landlord, but your money will be going toward something you will own.

When purchasing manufactured homes, it is a good idea to inspect your potential purchase carefully, and to take someone with you for a second opinion. Unlike traditional homes, there are no brokers involved, and you will need to be “your own broker.” Find a good checklist as you tour manufactured homes and be on the alert for units that seem attractive but which need repair. Pay attention to small detail, since a minor problem could easily turn into a major one if it is neglected. Take your time when looking at manufactured homes and keep in mind that you will have to live in your purchase.

Manufactured homes should come with warranties like most other items. Inspect the warranty and read the conditions carefully. Although it is easier to sell manufactured homes than traditional homes if you are not satisfied there is no guarantee that a buyer will come along according to your time frame. Make sure that you have understood all of the details before signing.

Your manufactured home will be located in a place that is zoned for mobile homes. Inspect the grounds to ensure that the location is convenient and close to stores, schools and other resources you will need. Explore other grounds in your state, especially places you intend to visit frequently.

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