What You Need to Know About Buying a Mobile Home

May 13, 2020

Considering Buying a Mobile Home? Here is What You Need to Know...

If you find yourself in the market for new home, you are likely weighing all your options. Most home buyers will look at traditional single-family houses, but many are pursuing mobile homes for sale due to the fact that they are generally less expensive and have more flexibility than a conventional home. With mobile homes gaining in popularity, there are now more options than ever before. From single wide to double wide and even triple wide models available, mobile homes can suit every lifestyle. With a little research, you may find that a mobile home fulfills all your housing needs at a fraction of the cost of a classic single-family home.

There Are SO MANY Different Types of Mobile Homes!

Gone are the flimsy cookie cutter mobile homes that our grandparents lived in in the past. Mobile home manufacturers are now able to build mobile homes from an economy range to luxury models. Mobile homes today will combine luxury with convenience, maximizing the space available to best suit the owner’s needs. Mobile homes now are built with single, double, and even triple wide floorplans and can even be built on site to make the home look like a traditional home that has always been there. Single people, families and retired individuals are all likely to be able to find, or have manufactured, a mobile home that is the perfect space for them and their lifestyle.

Mobile Home Prices and Mobile Home Insurance Are Extremely Affordable

When buying a mobile home, most people are surprised to see that mobile home prices can be much lower than the cost of a traditional home. There are a great deal of mobile homes for sale on today’s market. For soon to be homeowners who are tired of spending a large chunk of their income paying rent, mobile homes can be a great opportunity for attain home ownership at a fraction of the cost. Even if you are unable to purchase a lot for your mobile home, you can still own your home and pay rent to a park owner. When purchasing a mobile home, people can generally afford a newer, more energy efficient model than they can find in a classic home at the same price point. With a lower overall cost, down payments on mobile homes are often considerably less expensive than a traditional home down payment. As with classic homes, mobile homes do require mobile home insurance that can be more affordable than the cost of insurance for a single-family home.

Click on the link below to see the mobile homes that we currently have available.

Check Out Our Mobile Homes!

There Are Mobile Home Financing Options Available

If you decide to finance your mobile home and or the land where it will be placed, the lending can be a bit different than it is for a traditional single-family home. For single wide mobile homes, the financing can be difficult to obtain from a private lender. Financing is generally easier to obtain for a double wide mobile home and often depends on the type of loan that you choose. Many lenders have self-imposed a “15-year-old” rule, which means that you may not qualify for funding if the mobile home that you are looking at is more than 15 years old. For some government backed loans, the mobile home that you are considering must be “original set” which means that the mobile home cannot have been set up somewhere, broken down and set up again at another location. Often lenders will require a foundational inspection to ensure that the home was set up according to Housing and Urban Development standards. There is still the option to find financing through a mobile home sales company, or through a credit union, so make sure to research and find the best financing available for your new mobile home. 

mobile home rendering

Mobile Home Transport and Set Up is Easy!

When purchasing a mobile home, you must also consider transport of the home and set up of the overall property. You need to find a trustworthy company that employs experts to get your home to where it needs to be and set up properly. Mobile home set up is one of the most important aspects that you will face as a mobile homeowner. Things to consider are installation, electricity, plumbing, drainage, tie downs and foundations. 

At Herrington’s, we are your one stop shop and can handle your entire mobile home buying experience from start to finish. Every one of our mobile home transportation and set up experts are fully licensed, bonded and ensured to haul heavy mobile home loads. Click on the link below to see all our services.

Learn More About Transport and Set Up
beautiful manufactured home exterior

Herrington's: The Place For All Your Mobile Home Needs!

Here at Herrington’s, we pride ourselves on being able to handle your entire mobile home buying experience from A to Z. Family owned and operated for over 30 years, Herrington’s, LLC offers a full line of affordable services geared to get you move in ready. From installation and repair to all types of construction and site-work, our team gets the job done!

Contact Herrington's Today!

If you are ready to make the move and get settled in your new mobile home, contact Herrington’s at 843-358-6251 today!

Contact Herrington's LLC
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