Mobile Homes Express is a company that specializes in the sale of low-cost homes — particularly preowned and foreclosed homes. As of October 2014, the company's old website, mobilehomesexpress.com, redirects to vmfhomes.com. The current site discusses the company's goals using the name of VMF Homes, which is an abbreviation for Vanderbilt Mortgage and Finance Inc., a Berkshire Hathaway company in the lending business for 30 years.
VMF is a subsidiary of Clayton Homes Inc. It is also affiliated with the Manufactured Housing Institute. It has earned the highest possible rating of A+ from the Better Business Bureau. In addition to its sale of preowned, foreclosed and modular homes, the company also specializes in the purchase of land-only and land-home purchase options. Many homes available through the company are move-in ready. Financing options are available. Interested buyers can visit the website and utilize the search tool to search for properties by a specific location. They may also save searches and receive updates and notifications via email. The company also offers auctions for those interested in buying homes more quickly. These auctions are held on the first through the seventh of every month. Bids are made for each home individually. There is no bulk bidding.