Today, many families are looking for the benefits that manufactured homes provide. Before you make the decision to live in a mobile home, here is some information that can help you make a more informed decision.
First of all, you need to look at your finances and decide whether you want to rent or buy. Remember, whether you rent or buy, most manufactured home parks have a lot fee that they lease on a monthly basis.
Here are some questions that you and your significant other should answer:
Which is most important to you – living in a nice community or in one that you can comfortably afford?
Which is most important to you – living in a manufactured home community that is close to your work, or to your parents’ home, or to your children’s school? Your decision should be a family decision and you should take these factors and others into consideration.
Do you want to buy land and put the mobile home on it, or do you want to lease land in a mobile home community? If you buy land, it might not be ready for sewage, water or power. Those are essential items that need to be in place before you move in. Not having those items might delay your move-in date.
Do you want a new or used mobile home? There are a lot of companies that can build your mobile home roofing or you can find used homes for rent and for sale online or in most newspapers in the classified ads section.
Most banks will loan money for the purchase of manufactured homes. It depends on the age and the condition of the mobile home, as some manufactured homes do not appreciate in value as most houses do. In fact, some of them depreciate in value, much like automobiles.
Your next order of business is to find a floor plan that you like with a manufactured home in the size that suits your lifestyle and budget. Then there is landscaping to beautify and give your yard that personal, finishing touch.
Finally, it is always a good idea to have insurance, you may never need it but it is a great blessing if something happens that you didn’t expect. Some manufactured home parks require that you carry insurance, so make sure you read the fine print before signing on the dotted line.