If you are thinking of buying a new trailer home there are certain aspects you should look for and others you should avoid. A mobile home can be small and simple or very large and include fireplaces. This range also affects the price, making trailer homes a good if not the only choice for many first time buyers. Here are some things to look for in a trailer home.
When figuring what you can afford be aware that the home itself will be sold separate from the land it sits on. If the home is going into a park expect to pay rent or packages that include rent and utilities hook ups. A trailer home is as important a purchase as any other home so if you aren’t prepared unaccounted costs add up quickly. Owning the land your home sits on is always a better option and will appreciate the value of your home.
Trailers can come as one section or multi sectioned depending on the manufacturer. If you are purchasing a single section home, be prepared for problems to occur with flooring, roofing, windows and doors. If you are in a multi section home, expect problems where the separate sections are joined together. Single sections are generally 1000 square feet and cost around $30,000. A two section home is usually around 1700 sq. ft. and in the price range of $50,000 to $60,000, depending on amenities.
When financing your new home remember to check with more than one housing lender for price and terms comparisons. Combining the loans for the house and the loan may save you money. Keep the loan for as short a term as practical.
And when you are purchasing a manufactured home for the first time it is always best to watch the construction process. If you can, visit the factory where they are built. Even better, if you can visit more than one and compare materials and techniques you will be best informed to make an educated decision.