Before purchasing a used mobile home, a potential buyer should assess its depreciation, the needed repairs and the energy efficiency of the home, advises SF Gate. The buyer should also consider the availability of financing on the home.
Despite cheap prices placed on used mobile homes, these homes typically reduce in value over time, notes SF Gate. The depreciation of the home helps a potential buyer to know if the home is a good long-term investment or not. Carrying out regular home maintenance is one good way to sustain the home's value. Frequent maintenance can also make the home maintain its value over time.
Although used mobile homes may have quality construction, it is crucial to check the home for any necessary repairs to determine if it is worth buying, says SF Gate. Additionally, the potential buyer should know the Manufactured Home Construction and Safety Standards, or HUD Code, to help comply with home repair regulations in case he intends to repair the home.
An energy-efficient mobile home reduces energy costs and increases the home's value, according to SF Gate. The buyer should assess the energy efficiency of the home by checking the home for features such as energy-efficient windows and doors, caulking, and insulated skirting. If the home is not energy efficient, the buyer can seek advice from a contractor about the needed energy-efficiency upgrades before upgrading the energy efficiency of the home.