5 Helpful Insights On How To Buy A Used Mobile Home
How to buy a used mobile home
So here we go with five helpful insights on how to buy a used mobile home. We hope these pointers help you wade through the waters of used mobile home shopping. It doesn’t have to be too intimidating if you know what to look for and how to go about the process.
#1 Where to find a used mobile home
There are several places you can poke around in your search for that perfect used mobile home. For some, a fixer-upper of a home is no daunting challenge, but rather a welcome one. Others may be on the hunt for a mobile home that’s used but in well-cared for condition.
Whatever your angle is on this hunt, you’ll find what you’re looking for if you invest the time into searching.
Check into real estate listings – you can reach out to a real estate agent or search places like Zillow.com will turn up some listing. You can also flip through your newspaper classified ads, social media real estate groups, local bulletin boards, and online classified websites such as Craigslist.
#2 Look for mobile homes built after the HUD code
The second insight we have- you should look for homes built after the HUD code was instated. The HUD code came into effect back in the 1970s to raise the bar to a set standard in mobile home quality. Prior to HUD, mobile homes were subject to whatever the manufacturers deemed sellable. They were low-quality, energy inefficient homes that quickly lost their original luster.
Mobile homes made after the 1970s are not only more energy efficient. They’re made of higher quality standards and materials to withstand the weather patterns of the zone they were made for. But they’re also getting better and better with each year. The mobile home industry is on the move and eager to give homeowners a home to rely on.
#3 Ask for an inspection
Don’t just blindly buy a used mobile home.
If you’re serious about the purchase, insist on having an inspector look through the home. They’ll be sure that everything is in working order and approved by state regulations. It would be disappointing to buy your home and find out that it doesn’t pass state muster.
By bringing in an inspector, you’re protecting yourself from unforeseen expenses. The home failing inspection may not necessarily mean you’re out on the deal. Maybe the price of the home is still worth the expense you’d pour into bringing it up to par. Maybe not. You’ll have to weigh the pros and cons for the house you’re looking to buy.
#4 Check the VIN number
Now how about the VIN number? The Vehicle Identification Number (VIN) is important. It’s like a birth certificate for your home and it identifies the different details surrounding your home.
It tells you things such as the manufacturer, the state it was made in, and it gives you a serial number. It can protect you from being scammed. If you locate it, you can compare the information it provides with the information on the title. Does it jive? Or is it misrepresented?
This information is a big deal as far as how to buy a used mobile home.
#5 Before you sign any paperwork
If there’s a lease agreement where the mobile home sits, find out how that affects you. By purchasing the house, does the lot rent fall to you? Do you want to keep the mobile home on that lot? If so, then all is well.
However, if you plan on moving the mobile home, make sure this does not mean the lot rent falls to your name.
Also, consider whether moving the mobile home is worth the expense. Unfortunately, mobile home relocation is a costly endeavor, requiring the use of a special vehicle and professional involvement. If it’s a double wide or triple wide mobile home, professionals will need to come divide and move the home in various sections.
Be prepared before you buy a used mobile home
Buying a used mobile home can be intimidating but it can also be an adventure worth taking. Should you approach the task with some of our tips on hand, the road will be smoother.
If you’re ready to push forward with a mobile home purchase, consider the different mobile home lending options that may be available to you.