Everything You Need To Know Before Buying a Mobile Home

Mobile homes have an unfair reputation for being low quality or trashy. That just isn’t true. A mobile home is a great way to get your own Modular House place it anywhere you choose and for less than many more stationary houses tend to cost. It is becoming an increasingly popular option, with variations such as tiny homes and mini cottages becoming a darling of the real estate world.

If you are reading this you are probably considering making a purchase yourself. Before you go shopping for the perfect little place of your own, here are some things you should know.

There Are Many Kinds of Mobile Homes

Mobile homes are not all the same single level family affair that you may be used to. There are multiple styles and types, as the couple mentioned above prove. Tiny houses are miniature homes that attempt to utilize every inch of space, all in a very small package. Mini cottages are similar, though usually one room wood houses with lofts.

There are also multi-level mobile homes. These are less portable, which makes them a mixed bag. But if you are looking to get a manufactured home and you aren’t concerned with being able to move it quite as easily it is definitely a good option.

If portability is your goal there are models that come on wheels, which can be either kept on at all times or slipped under with some tools.

The Cost of Mobile Homes Can Vary Wildly

With so many mobile home styles it probably won’t surprise you that these dwellings don’t come in a standard price range. According to Forbes, the average cost of a tiny house is around $23,000. But the average cost of a single story mobile home is around $64,000. Multi-level manufactured homes can vary, but you can assume between $50 and $100 per square foot.

The varying prices is one reason that it is important to know what it is you are looking for in a home. You should also consider other costs that are associated with your house. The land that you are building it on, for example, or the hook up costs for electricity, plumbing, gas, etc. These may not be built into the price and so require additional installation and fees.

Quality Is a Factor

Not all mobile homes are created equal. In fact, going to the wrong provider can end in some serious headaches. A major storm can topple it over or damage can be done to the exterior, pieces can fall off, etc. It is critical that you find a reputable dealer or construction crew to help you find the right mobile home.

You are looking for quality materials, designs and reputable reviews for who you work with. If you find all three you will wind up with a beautiful, sturdy home.

Manufactured or Prefabricated Homes Are Awesome

These style of houses are fantastic. Not only are they lower cost than from scratch models, but they are easier and faster to put up. A crew as small as two people can construct a manufactured or prefabricated mobile home, using pretty basic tools. Sometimes it can be done in as little as an afternoon.

That is because the pieces are already put together and ready to combine. They have been shipped from the factory with everything needed, to the location you specify. So the people putting it up just have to go through and hook all the parts, from the walls and foundation to the different compartmentalized rooms and features.

Getting a Loan Can Be Tricky

When you are getting a mortgage you go to a bank, right? Most mobile homes won’t qualify under mortgage programs. Instead you have to either go through an official mobile home company that specializes in financing, or you have to go through a credit union that has a loan specifically for this style of house.

The idea is that mobile homes are portable and many people mistake that to mean temporary. They are also lower cost, so there is less profit gained through interest rates. Many banks don’t see the point of funding them.

Thankfully, it isn’t hard to get a loan from one of these specified places. If you have an account with a credit union it is all the better, as that improves your odds of approval and they often have competitive rates.

Location Is Everything

You could have a gorgeous, well crafted, amazing mobile home. But if it is sitting on an ugly lot in the middle of a crowded area, what good it is? You want a location that is central to what you need, but still pretty, functional and offers you whatever you are looking for. Some people choose mobile parks in order to have a neighborhood feel. Others choose more isolated locations where they can enjoy a plot of land.

Whatever works for you, location is a pretty important part of buying your mobile home. It is also a good chunk of what you will be paying for. Renting land is possible, such as in mobile parks. But buying your own ensures you have greater equity in your property. It is a sound investment, even if you plan on uprooting and moving somewhere else. Land is also cheaper than you might expect, depending on the area.

Retail Cost Versus Invoice Cost

Once you know what you are looking for and where you are going, it is time to go to a reputable dealer. When dealing with closing costs make sure you ask to see the invoice cost of the property. If they resist, insist on it or possible go to someone else. This is a better representation of cost without inflation that can come from retail markups.

Don’t let them corner you into telling your budget or what you can pay monthly. Just have them give you flat invoice prices for a described model and then negotiate based off of that price.

Home is the place where the heart is. One of the best ways to improve quality of our life is to spruce up the home we live in. Although home improvements can cost unlimited amounts, it does not always require a fortune to improve the interiors of your home. You can carry out amazing changes in your apartment on budget.

Identify Misses

First of, when you are on budget it is important to identify the areas which require replacement or improvement in your home. For, the prime purpose of home improvement is to ensure no pending repairs post the renovation. This would help you plan the direction of the entire home repair project. Depending on the nature of projects you can decide upon the budget, duration and other factors for home improvement.

Gear up for change

Now you can gear up for the change you need. You should research online and visit home décor shops to get ideas for the purpose. You can save a lot of money by DIY on your previous, used or antique furniture, fittings and cabinets. It is important to check out price differences offered by second-hand shops, antique shops and online lists.

Knowing the expenses helps you get ready for the expenditure too. You can also check out your credit limit available. Home improvements can be one of the smart ways to enhance the valuation of your home. You can also check out if you are eligible for homeowner loans. Leveraging home equity you can draw substantial funding without any hassles.

Some handy home renovation hacks on budget

Kitchen

Kitchen is one place where whole family meets multiple times in a day. A change in the look of kitchen space can transform the feel of your entire home. You can consider changing the colour or cabinet doors for this. Do not forget to visit thrift stores or reuse centers to find the surprisingly cheap deals. Go for contrasting colour and you would revolutionise the appearance of your home. Also pay attention to kitchen lighting. If you need to replace any of the electronic or kitchen gadgets, opt for energy-efficient replacements. It would save you energy bills and keep your home updated.

Living Room

A renovation cannot be complete without bringing change in the living room. For low-cost home improvement, consider redoing the furniture placement. A simple shift of couch from right to left can bring more than expected alteration to your home view. In case you have a centre wall, consider using a bright and unique colour for that wall. Then deck it up with picture art, wall art or an embellished stole gifted by your grandma. The bright walls can steal the attention from other little flaws around.

If you need a new couch, consider using the old frame and get it covered up in a contemporary style. This would bring the modern look with least expense.

Bed Rooms

Changing bed room furniture could be expensive. You can consider changing the bedding, rug, curtains, cushions and every other add-on in your room. If your side tables are old-fashioned, you can consider using attractive wall paper on the front of drawers. It would not only bring a new look but would also cease the boredom owing to old furniture.

Another quick hack could be using darker colour for ceiling. Change in the colour of ceiling would bring a novel look in your personal space. We watch more of the ceilings in the bed rooms after all!

Lavatory

Do not overlook leakages and chipped paint as they are common in the bathroom area. Change faucets if there is any fault. Try to organise if you have too many objects in your bathroom.

Besides, simply changing the mug, bucket and rug can beautify your lavatory. You can introduce an attractive canvas cover for the new feel.

Front and Patio space

For small apartments, an additional sitting space can add enough value to the property. You can consider de-cluttering the backyard and incorporating chair for 2 people at least. You can add a beautiful cushion to an organiser and create a seat. This add-on would not cost more than £20 and enliven the dull space in your home.

Needless to say, do not leave the broken nuts and bolts on window panels or side entries. A new colour for outer walls is a must even if you have decided to keep the inner walls untouched.

In case your room walls are already neat, pick one wall in each section and use your creativity to bring the desired look.

Hope these tips prove handy when you begin your next home improvement project.

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