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Motor Homes - Mobile Homes
To Buy Mobile Homes
by Tom Laing
To own a home is one of the dreams every common man cherishes,
even from the childhood. With hard work and years of savings,
he might be able to build or buy a dwelling for him and
his family. More than a place to stay safe from bad weather
and sun, a home is also a handy investment option. In
this context, buying mobile homes is an option worth considering.
Recently, in the US, there has been a surge in the number
of people opting to live in mobile homes. Buying mobile
homes is cheaper than other forms of housing and is widely
seen as a good investment option as well. Statistics show
that nearly 8.8 million American households live in mobile
homes.
Before getting on with the details of buying mobile homes,
let us look at what a mobile home is. A mobile home is
a residential structure that's been constructed in a factory
and is then shipped as a single piece to the address.
Sometimes it is a misnomer as only 5% of these type homes
ever leave their original site.
 Buying
mobile homes is an even better option when it's placed
on land on a concrete slab with a well and full septic
system. It will suit those who are looking for inexpensive
housing. It's also a good idea if it is sitting on a nice
piece of land such as an acre or more if you have plans
to build a new home on the lot, or if you are an investor.
Before buying mobile homes you have to make sure that
the mobile home conforms to the US government's Manufactured
Home Construction and Safety Standards (known as the HUD
code). That is, each mobile home must conform to a Federal
building code rather than to the building codes at their
destinations.
When looking into buying mobile homes, it is a good idea
to check for the latest varieties of mobile homes available
in the market. Nowadays, mobile homes options vary from
single-section homes to large, multi-section units equipped
with a fireplace or a cathedral ceiling. Buying mobile
homes is a good housing choice for most due to wide price
range available.
When buying a mobile home, make sure that everything is
in place. First, shop around as much as you can until
you find the home of your choice. Compare the cost, floor
plan design, interior and exterior decor as well as the
construction methods and materials used. Make sure that
your mobile home displays the label certifying code compliance
and the dealer is licensed with the Division of Motor
Vehicles, Department of Highway Safety and Motor Vehicles.
When buying mobile homes, it is always better to secure
the manufacturer's as well as dealers warranty on the
home.
In the context of buying mobile homes, there will be a
lot of finance providers offering you loans in addition
to dealer financing. Take care that you shop around for
the best finance and insurance plan. While finalizing
the contract, precisely understand which items on the
contract are your responsibility. Clearly define yours
and the dealer's responsibilities so that there is no
ambiguity in the deal. Do not leave any blank spaces on
the contract, and be certain that all the items which
you and the dealer have agreed to are covered by the contract.
Say no to oral agreements. Read the entire contract before
signing it, and make a point to save a completed copy
for your records. And if the dealer is to retain the wheels,
axles and other mobilizing hardware, this should be stated
in the contract.
Before investing in a mobile/manufactured home, be sure
you have a place to put it. Remember, the structure must
be tied down in accordance with the specifications provided
in Department of Highway Safety and Motor Vehicles Rule
15C-1 or the specifications provided by the manufacturers.
Remember, such structures are open to on site inspections.
Copyright 2024
About the Author
Buying and Selling Mobile Homes Buying Mobile Homes |
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