Mobile homes often don't carry the same asking price as stick-built homes, allowing those who buy them to have a piece of real estate that they can easily afford. Mobile homes for sale are often featured on rented lots, while others are placed on their own plots of land. Real estate agents can show you mobile homes for sale that meet your needs best. Should you buy a mobile home? Use this guide to help you out.
You don't need a permanent home
Mobile homes are called mobile for a reason; they don't have fixed foundations that they rest on. Modern mobile homes can be placed on a foundation but most of them are put on temporary lots where they can be moved at the will of the owner. If you want a mobile home that you can have moved from one location to the next while still providing you reliable housing, then mobile homes on rented lots can be right for you.
If you want a more fixed property, look at manufactured homes that are on poured concrete foundations. Sometimes you can find mobile homes on acreage, so even though the mobile homes themselves are not a fixed foundation, they still have owned land where they don't have to be moved.
You don't have a lot of money to spend
Do you need a home to live in right now but you don't have a lot of money to spend on property? You can look at mobile homes for sale that can be a fraction of the cost of other properties that are the same size. What you sacrifice in not owning the lot your home sits on can be made up for in having more affordable real estate. When looking at any mobiles for sale, make sure you know what the lot rents are and put that cost into the monthly payment for your mobile home should you choose to finance one.
Since many mobile homes are in parks, you'll want to ask your realtor if there are any pet or other restrictions regarding buying mobile homes on rented lots. Your real estate agent can help you find mobile homes for sale in your budget and preferred location. Mobile homes can help you get real estate without having to spend a lot of money. Should you choose to sell your mobile home in the future, your real estate agent can help you find a buyer when you're ready. Reach out to a company like American Homes to discuss available mobile homes.