Buying a mobile home is not a popular concept. This is because people have never considered the benefits of having one. For most people, a home is a grounded place where they can enter or travel to every day. They invest a lot of money in setting up homes and end up living there for a life time. However, a mobile home can offer equal comforts for a fraction of the cost.
image by HooverStreetStudios
There are many types of mobile homes to fit into people’s needs. If you are one of those who are considering investing in a mobile home, here are some things that you should know.
Mobile Homes – The Options
Mobile homes come in various sizes similar to our regular homes. They come as single occupancy or double occupancy. The single occupancy mobile homes usually are narrow and all the rooms are in a row. They are connected with each other in most cases.
A mobile home built for double occupancy is a combination of two single mobile homes. This kind of home looks almost like a complete residence.
Mobile home as the name suggests can travel along with you. You have the freedom to carry your home along with you. However, the only challenge is finding a place to park your home. There are several mobile home parks in the country today. The other option is to buy a parcel of land and position your mobile home on it. That way, it will turn into a grounded house. Some mobile home parks allow owners to rent space to ground their mobile homes.
Funding Your Home Mobile Purchase
Unlike traditional homes, financing a mobile home can be tricky. You have to know the ins and outs of the process to be successful. Some mobile home sales company fund small homes. It is not practical to buy a small, single occupancy mobile home through a big lender. For a double occupancy mobile home, financial assistance can come your way more easily. However, a mobile home which is financed has tenure of 15 years or less.
Mobile Home Insurance
When you invest in a mobile home you should have a comprehensive insurance plan in place. Since you will be traveling by road ideally the insurance plan should cover your driver’s insurance and as well as home insurance. It is possible to find a bundled up plan that is especially tailored to fit the mobile home needs.
Buying a Mobile Home
Mobile homes that are covered with tin and aluminum roofs are history. There are several types of homes that come with steel and porcelain that can keep your mobile home cool in summers and warm in winters. Such mobile homes also are durable.
While buying a mobile home you need to check the entire facility without leaving any stone unturned. You need to check the plumbing and drainage. You need to inspect the floor carefully for rust or damage. You also need to calculate the running costs of the home. The maintenance aspect of a mobile home is far less than a traditional home. However, there are some things that need attention. Furnishing of the home is the last thing you need to worry about because they are always built to look attractive.
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