5 Facts You Must Know When Buying A Mobile Home | Purchasing a manufactured home 

FYI: We make triple wide homes now. And yes, negotiate the price with your dealer. Dealers usually double the price they paid us (manufacturer) for the house. IF you're paying close to $100,000 for a new home, that house was sold to the dealer for less than $50,000, and cost us less than $20,000 to build.

I bought one for 2 grand. Stuck 5 grand into it. Sold for 30 grand. 🎅🎅🎅

First time I've ever seen an agent talk about mobile homes..👍

Buy your own land first. Renting a lot in a mobile home park puts you at the mercy of the landlord who can jack up lot rentals at will. You may be able to afford the mobile home but lot rent can become a serious budget problem over a few years.

You had my attention when you said cheaper than rent!

My grandma bought a mobile home 15+ years ago with very little issues. I think they are a great option rather than $500,000+ on a house.

I currently live in a Magnola modular home, that was built in 1975. We have upgraded the windows, flooring and put new Hardie cement board siding on it. Still going strong.

When buying any land for a manufactured home, make sure it has as few zoning restrictions as possible and also make sure the property taxes are minimal. Also, make sure the city or town doesn't have a history of arbitrarily raising restrictions and property taxes.

The one and only fact you need to know is own your OWN land.

I move into my double home November 1st I’m excited 3 bedrooms two bath. It looks great inside

The first thing to realize is that the lenders are generally bad news. Do your research on the type of loan you are getting. Do NOT go with what they call a simple interest loan. Suffice it to say, the payback is really hinky with these types of loans when they are long term like over 6 years. Another thing is that the people most mobil home dealers use to set the home up are the worse of the worse and you have to watch them every minute or they will start cutting corners. To be frank, you are better off buying your lot and initially having it set up with a septic tank and a well. Then have the home delivered. Again, The people who do the setups for these mobil home companies charge a lot and are the worse of the worse. Another biggie is make sure the idiots do not sit the home too low to the ground. First, you will find it impossible to get under the home in the event you need to do a repair on duct work or plumbing under the home. Second, it makes for poor air flow and more moisture build up under the home. To give an example of how shady mobil home installers are, I actually paid extra to have my home set up 36" off the ground. When I got to the site, the installer was putting a pile of blocks on his trailer getting ready to take them to his home. He laid out the frame supports only one block high and was going to steal all the extra blocks I paid for to put the house up 36". This is the kind of crap you deal with when having a mobil home installed. Make sure to be on site when ever ANYONE is doing anything to the home..... I can not emphasize this enough. Mobil homes can be a cost effective home but only if installed correctly. If not installed well, they can become your worse nightmare and a giant money pit.

I really like the mobile home to put on a pc of land you own and are going to build on. I have seen lots of guys do that, instead of renting or paying 2 mortgages they just buy the property, place the mobile home and can then take the time they need to build a house on the land. Man I have seen the most beautiful homes built sometimes over 2 years. Great video Kristina!

My late uncle born in 1913 worked for HUD his entire career after his military service. Late in life he helped his son purchase a farm in Pennsylvania and he had a foundation poured and purchased a modular home. Came down the road in 2 sections and what a beautiful home it was. Here's a man that inspected homes all his life and purchased a modular home for himself and wife. Modular home builders are held to strict regulations.

I love a nice double wide on a nice piece of land!

Great video! You should point out the cost of installing a septic system and ground water. I know people that paid 7,500 for a quarter acre lot and wound up paying over $10,000 for the septic system and another 5 to 6,000 for the well to be set up. So that's close to $24,000 that you have to consider on top of the cost of the home itself. Just saying🤓

Mobile home buyers BEWARE. You must sign a lease to get into a mobile home park and you basically have no rights after that. Since they own the land you must obey all the rules in the lease or lose your home to them if you don't have the money to move it out. READ YOUR LEASE. And your lot fees will definitely go up every year. And how much? It's up to them.There's no laws to protect you. It might take 3 to 4 hours to read the lease but I suggest you do it so your not surprised when you lose everything you have worked for. Good luck

When I hear the word “lender” in the same sentence as “mobile home” that is the first red flag. I wouldn’t pay more than $5,000 for a mobile home. Pay cash and save that rent payment for several years then rent it out when you move

I live in one. I just love my home❤️ with jacuzzi and 4 rooms

Got one for $1,500 started working on it but this past winter destroyed the roof. And now I have leaks and I am trying to find a new home hopefully to put on my current lot. I am so stressed and trying to find any videos to help me. Thank you for making this video!

Great video, Great content. Glad to see someone shine light in the mobile home world.

Love your home’s. You’ve inspired me to do home tours. Keep up the good work.

This is my first time with you channel. Your Video is good tips.

Not a bad way to save some money on a new house! Seems like the build quality of those has improved a lot in recent years. I think I would be too concerned about it losing value so quickly though.

As someone who’s owned several in my lifetime the worst thing about them is that they depreciate... especially if they’re in a MH Park. I’ve probably owned around 7 site built homes and they all appreciated in value. Never lost money on one.

I love your videos! Keep up the good work.

Love that mobile home look!! Love the video too good info and tips

Enjoyed your vlog, Kristina. My wife and I are actually buying our first double-wide already on land. It has been totally renovated and upgrade to 2x6 outside wall construction all new cabinets, well, pretty much everything is new. We live in B.C., Canada, moving to 100 Mile House. We just recently retired and we are excited about this new chapter in our lives.

I learned so much from this video, thank you for sharing!

When I look at you I think of a few songs, Dan Hartman, I can Dream About you, and Rod Stewart and Ron Isley , This Old Heart ❤️ of Mine . Get it Girl, LSU Number one ☝️

Thank you for such a helpful videos and to all the helpful comments. You guys are awesome 🎉

Great vid and I love these homes cos you don’t have to move home u can just move location

DO NOT DO IT! Value depreciates and floors disintegrate. Not to mention if you don’t like the park management you can’t just move like in an apartment.

FIRST!!!! Great mobile home tips....

Do you have to get a septic inspection on resale homes there?

I've built these things for 32 years in 5 different plants, and I've been a service tech, fixing all the problems, for several of those years and my advice is, don't go cheap because you get what you pay for and NEVER NEVER BUY what they call a "true home". Find someone, if you can, that actually works in one of the plants and have them go with you and REALLY look the house over. I'm a service tech right now, and you would not believe the things I see wrong with some of these things. And they WILL NOT hold up in a violent storm like a regular house does, don't ever believe that, no matter what yur told....my 2 cents

The more i research on mobile homes, the more i think about not getting one. Unless i hsve some land. Lot s rental are ridiculous !! Thank you so much for the info. 👍

that water cutoff thing is more important than you know. Ours is 1999 model with hoses rather than pipes, some of our plumbing has integral cutoffs (that leak) and the hot water heater does not, so when the hot water heater failed catastrophically in 2009 we had to cut off the whole house. We had to reconstruct the closet because mobile homes used especially sized heaters and air handling units along with other minor things and the cost was too high for a mobile home sized heater, it was cheaper and easier to shift the walls a little in this home. They are fine homes, fine housing, but they are constructed cheaply with particle board and thin drywall, our roof shingles were cheap and were blowing off in 2008 when we bought the place at only 9 years old. She is giving good advice because they are an entry into home ownership for a lot of people.

Do you have a vid on how to make the outside look less manufactured? Can you add a garage or porches to help break up the box look?

I just seen some with a garage near by me, that’s crazy

Another great and informative video Kristina! I wish you would be working in the Ozarks!

Are single wides less expensive to transport than double wides? Also, if you find a home you like from 2 different dealers, but one dealer is located 15 miles from your land, and the other is 50 miles away, is it worth buying from the dealer that is further if you can get it for several thousand dollars less than at the nearest (due to transportation costs)?

Great presentation- thanks! Liked, subscribed & sharing.

I have a question, I am working with a MH dealership in S.C. now and they have putt together a Quote/confirmation, I noticed in "other options" area it states "427001 Price Protection Plan $6200". I don't know what this is and why they included it in my quote w/o asking me if I even want this protection. Can you explain what this is and do I really need this if it is an option? Would this have to do with holding the price b/c I am told b/c of the Covid, that my home will not be built until Jan/Feb 2022. Or would this be some kind of warrantee on the home itself? Or is this if something should happen while in transit to my property the home would be covered?

Mobile homes are not really cheaper once you consider depreciation (resale), energy cost to heat/cool. You may pay double the price for a regular house, but your also building your long term financial value. You or your kids can typically sell a regular home in good shape for more value later. The only downside of a higher value home is property tax is more.

I don't know if this is a myth, but I've (forever) been told a brand new mobile home is highly, highly cancerous. In fact I was just told this (again) the other day. Because I've just sold my large house (too large for me) and have been seriously thinking I'd like a mobile home. I cannot believe how this thought has upset my family and friends.

Thank you so much for this informative video ❤

Kristina You are correct about older mobile homes need VA and FHA. FHA is for less than perfect credit (Even when you have perfect credit you are required to have for these homes) but most of those loans are requiring a permanent tie down to the land or real property and both must be a one package deal in order to qualify for acceptance. In the case of a potential owner on rented space (as was my case) the chances of getting loan is very close to impossible but there are some that will lend but the interest rate is double that of a conventional loan. But our situation turn out better after a year of owning our rental lot home my wife and I went to the annual meeting of our credit union of which my wife and I were members in good standing for 28 years. I told the lending CEO that I felt the Credit Union has let us down and that our years of loyalty deserved some recognition.. well after a month and having a meeting with him and his minions we were able to a refi at 4.5%. for 7 years and redefine the mobile as an R.V. Our previous loan was at 8% and matures in 15 years. The difference saved us alot of money over time and encouraged us to double our payments every month. There are ways for a lender to get around the difficult issues and persistence by the purchaser. It's really the lender who needs to have faith in the integrity of the purchaser.

great tips!

I like that mobile home you sitting out front of towards the end of the video

You didn't mention the fact that no insurance company will insure the home. We found one, but it covers very little and is outrageously expensive.

congrats on the success of this video. Well done.

What builder would you say is the best quality builder?

I have a question. I purchased a property that has a mobile home,but is in extream shape,need alot of work ! I wanted to purchase a new mobile home.Will mobile home dealer remove old home to place new one? Is this extra charge if they did? Hiw much? What else will I have to prepare for to put mobile home on this property?

I would be doing VA loan, if possible and live in Florida now. What I see here is a lack of owner-parks and the corporate owners will charge about a grand a month! Very strange when a old trailer might sell for 10 grand. I wouldn’t want one of those fifty yr old boxes.

Wow mobile homes in the area I live in Canada are $350K and up for a 2 bedroom 😅 but still cheaper than even an apartment here.

Thanks so much.

Great information. Thank you

New subscriber here, love you advises on buying mobile 🏠

American mobile homes are amazing wish we had um here in lreland

I started see you video two days ago I would like to buy straight mobile home with porch obviously I will like to be very high and hide I don't want it in the ground I wanted very height like the one you show right now in case of water flow I would like two rooms one bathroom where can I go and see it in person I live in New Jersey can you please you look very trusting and honest when you talk and this is my first time and I don't want to make mistakes and somebody take advantage of things I don't know about mobile homes where can I go a trust dealer in New Jersey thank you God bless you

Does anyone know what the standard exterior wall construction was back in the 70s for MF homes as compared to today

How much can a fully updated 1,000 square foot mobile home be sold for?(Approximately) we are buying a property that has 2 1,000 sqft beautiful mobile homes but we have no use for them so we have to sell them

After reading a lot of the comments I am really second guessing about getting one. Sounds like the landlords can kick you out at will and or even take the house. And if they sell the property then you are screwed. Think I'll just go back to the 5th wheel idea or just rent.

Really nice video ❤️❤️ Greetings from Poland 🇵🇱🇵🇱

Can you tell me if there is any buy here pay here mobile home dealers in New England?

I bought a "Manufactured Home" several years ago. Worst mistake of my life. Since then I've bought a couple of stick built houses. Will never go back to a trailer. Here are my main reasons. 1. They are considered vehicles. No matter what you do to them, you get a title for the house and a deed for the land. 2. Interest rates are usually a point higher and a lot of banks are real picky about lending on them. They told me because they have a higher default rate. 3. Insurance rates are higher. 4. It cost me more to heat and cool than a stick built 3X the size. 5. Resale is shit. I took a huge loss on mine. My parents bought one and owned the land, it took them 20 years to break even and that was only because the land was valued at more than the home. In short, I'd only buy one, if you could find a decent used single wide, you could pay cash for and live in for a few years while you build. They may be a good investment for rentals, if you can get them cheap enough. But if you think you are making a long-term investment in a house, put your money into a stick built. So far every stick built I've bought has almost doubled in value every 10 years.

Hey can anyone give me a ball park for a full remodel in upstate ny ..the floor is good roof it is a pitch roof should be good for 5 more yrs.trailer sits on blocks with a basement. Just looking for ball park what it cost to redo rooms windows put new siding

what about a 20-year-old manufactured home on an existing lot... i just got a very bad inspection report. not sure if i will go through with ti

I'm interested in a triple or quad size

Can you discuss crucial information in any of these videos? They’re all about upgrading or manufactured home quality, but I have yet to hear you mention leased land concerns and lenders denying loans I those circumstances. Not everyone can just buy land and plop a manufactured home on it.

Thank u so much for your videos very informative. We are in the process. So this video helps

My dad has land & Im going to start buying mobile homes & renting them on there great video to help me see which direction to go towards when looking for a mobile home .

Thank you:)) This is so helpful as a New Yorker who wants to buy actual property in LA versus renting! I see there are a few trailer parks by Burbank that seem safe and big and cheaper than rent

I've never thought about it but a mobile home will get me more space faster on my own land and once it's paid for I can rent it out and get into a "real" home faster.

I would love to purchase a brand new mobile home one day. I am single with no kids and I think this would be a ideal purchase because I go away for work six weeks at a time.

I have a question if anyone can help me(: my husband and I bought land and we bought a pretty bad shape mobile home. We are remodeling it and looking like a beauty. My question is what do we do next we bought the septic plan haven’t done it yet. Waiting to finish mobile home. I read that you can’t remold on your own is that true.

Your buddy, me again David sent me and glad he did. I'll be looking for a new home soon

I used to set up and service mobile homes and was always asked by customers how the mobile home are, do they last, will i be able to set it up where they want it. i tell them to get the sales agent to get a setup person to go look where they are going to put it. I can't tell you how many times i have told people they can't put a mobile home where they want it without removing some trees, level some ground etc.

Can you re sell your MODULAR home like in real estate? And can the house grow profit just like a regular house ?

As long as I’m single and living alone, I’d honestly love to live in a trailer!

Currently looking at a 2 bed 1 bath mobile home sitting on 5.29 acres of land! for $164,900. Hoping they drop the price, also hoping the septic and evey thing is fine with the home!

I live on Long Island, NY and ppl here have single and families moving into mobile homes cause they can't afford anything else. I'm asking this cause you said not to buy a home in a trailer park. I saw used double wide with a 3 br 2 bath there for in the mid $100 thousands. The park is in Bohemia, Long Island, NY and it's called Bunker Hill/Valley Forge. I still live home cause I can't afford to rent and I can't afford to buy an actual house cause of the taxes. That's why I was thinking of a trailer park.

They sell used mobile homes from the 70’s for 300-400 thousand dollars here in Silicon Valley

Great video

thank you wish you were in CT!

I heard their extras like you need skirting to help with insulation. An other things like that.

How do you know if a company will have a trucker come put it on your land?

At 4:50, you mentioned stick? built home. What are those?

Can you raise the pitch of the roof and add a loft or two to a mobile home?

My 16x80 burned last week. I just found out the insurance will only pay 23k for it 😰. I can’t even buy the smallest most basic home to replace it with for that. If you have a nice Mobil home with insurance be aware that if something happens they will never replace it for you!!

You are awesome!!

How do you determine the value of a mobile home?

What if you have bad credit and you want to pay with cash / make payments!!??

Mobile homes need to be on a concrete foundation. That's either a slap or runners. Also tie downs or the straps need to have about two feet of concrete around each rod to properly secure it. To me dirt pads tend to shift your foundation over time.

How’d I go from Minecraft to buying mobile homes??

I am a mobile home owner. We started with a single wide. Then 4.5 years we traded up to a double wide, 4 bedroom, 3 full bath home. Now, 22 years later, we are wanting to expand. We are looking for another double wide with non working kitchen and bathrooms. This to be joined to our current home. We are not locating such a home at a low enough price. We don't need another kitchen or any more bathrooms, and we won't need a working water heater, or major appliances. You would think that this exists in my area. We will pay to have it relocated ourselves. Any suggestions or help would be sincerely appreciated. Thanx, Mindy

What's the oldest preowned home in decent shape you think would be a safe bet for quality of build?

I am looking at a mobile home for 57000 can i get a mortgage fha loan with a low credit score?

If I found one on FB Marketplace, should I then enlist a real estate agent to verify it’s all legit? Or would they? Idk. I’d be a cash buyer and it’s not much at all compared to housing prices.

Can u rent a mobile home like a lease