Some tips for buying a pre-owned mobile or manufactured home include checking out the neighborhood, inspecting homes for structural issues and comparing prices of similar homes in the area, reports Foremost Insurance Group. Pre-owned manufactured homes may be a good deal if they are well maintained and in a valuable location.Continue Reading
Buyers must decide if they want a manufactured home in a community where they own the home but rent the land or if they want to buy both the land and the home, states Foremost Insurance Group. Individuals should check with local building officials to ensure homes are in compliance with zoning laws and restrictions. Homes in a community may have additional regulations, such as rules for pets.
Potential mobile home buyers should check homes for plumbing issues, water leaks, and gaps at the windows and seams, advises Foremost Insurance Group. They should ask about the age and condition of the water heater and the heating and cooling unit. Other parts of the house to inspect are the roof, floor, siding, skirting and insulation. When closing on the home, buyers should review the contract and the finance terms before signing. They should also get a copy of the title or loan agreement, community rules, and maintenance and rental agreements.Learn more about Finding a Home