Buying a manufactured home is a big decision, especially if you’ve decided to save on the upfront costs by buying a used one. One of the biggest challenges is that there are dozens, if not hundreds of mobile home designs, layouts, and models to choose from. However, it has become nowadays, pretty easy to find and buy a used mobile home, thanks to the availability and convenience of the internet.
There are certain crucial factors worth considering if at all you are going to get the best home for your family without later on regretting your investment decision. You’ll soon know how to buy a used manufactured home.
Finding the best pick for your lifestyle preferences and needs will largely depend on your consideration of these factors. Even though the price of a used manufactured home may be slightly lower, there are several important factors worth considering on top of the price.
You will, for instance, want to buy a home that suits your needs in terms of space, its features, and most importantly, one that is in good condition. You obviously do not want to spend a chunk of your money on repairs, which can, in fact, amount to the cost of buying a new manufactured home. Basically covering some of the things to consider before making your purchase, below are some tips on how to buy a used manufactured home.
How to Buy a Used Manufactured Home – 7 Shopping Tips
Depreciation and Repairs
In comparison to conventional homes, manufactured homes tend to depreciate in value, especially because they are not usually considered as part of the land or lot they are installed on. Depending on the time the home was purchased as well as the level of maintenance that has been observed, it is worth considering the fact that some mobile homes depreciate more than others. It is also crucial that consumers consider whether or not, the home will need certain repairs before buying it. Before buying a used home, be sure to assess the need for repairs if any, as these will in one way or another, affect the cost of purchase or after purchase.
Assess the Home’s Condition
To ensure that you make an informed decision when choosing a used manufactured home, it pays to assess the condition of various parts of the home. This will help avoid future regrets. Some of the crucial parts of the home you will want to evaluate may include the roof, plumbing, wiring, the ceiling, flooring, and the home’s underside.
The Roofs Condition
It is important to note that a roof that is not well maintained could result to certain damages to your home. Depending on the type of roof on the specific manufactured home, some changes or upgrades may be required. For instance, a flat roof may require sealing if proper maintenance has not been observed. Check that metal roofs are dent free, corrosion free, and that they are properly trimmed with water-tight seams. Also, remember that be re-roofing should be done every 15 to 30 years for shingled roofs and make that a factor to consider in your decision.
Check the Floors and Ceilings
It’s also crucial to check the condition of ceilings and floors. If these parts are sagging, it may be an indication of damage or something isn’t quite right. It could mean that the home is either not level or water damage is present.
Check the Home’s Plumbing
Plumbing leaks are also a possibility when buying a used manufactured home. Apart from being dangerous, they can also be quite costly to fix. To avoid dealing with such problems after your purchase, check all water sources such as sinks, showers, heaters, dishwashers, tubs, and toilets to confirm that there are no leaks in plumbing.
Check the Home’s Wiring
According to HUD standards that took place in 1976, homes bought prior to this date mostly used aluminum wires for electric installations and are not considered completely safe. Such homes require re-wiring and that a new breaker box is installed. Be sure to confirm this before making your purchase.
The Home’s Underside
Check the underside of the home, particularly the piers and confirm that the home is well supported and firm. The plastic sheeting under the home should also be inspected for holes and tears. This is the part that protects your home’s underside by acting as an insulator and a vapor barrier.
Once you’re done assessing the above parts, you will also want to evaluate your financing options and consider the land where you intend to place your manufactured home (leased or owned).