Mobile Home Loans

The advantage of a manufactured home is that it can be moved to wherever you want.

There are a number of avenues to look for used manufactured homes. You can start with the classified ads sections in the newspaper. You can also check out websites such as Craigslist. If you are making an online search go through Ebay as well as sites that specialize in mobile homes. The Yellow Pages are a good place to search – many mobile home companies sell used as well as new homes.

Part of the story is finding a used manufactured home. The other part is finding a good one.

The actual value of the mobile home needs to be determined by you. The home you consider may not be worth the asking price since the value of manufactured homes depreciates fast. The blue book at your local public library can give you the standard value of a particular brand, style and year of manufactured home. This information can also be had from your local bank or manufactured home dealership.

Add-ons such as decks, garages and additional rooms increase the value. They are an important determinant of value. Find out how the manufactured home property has been appraised for tax purposes by checking with the local county appraisers.

In addition, the condition of the home may need to be evaluated thoroughly. With the aging of manufactured homes, many of the same problems as those associated with traditional homes crop up. These include wiring and plumbing problems, aging furnaces and such similar problems.

The value and condition of the manufacturing home that you are considering buying can best be appraised using the services of a good professional appraiser. To find one check the local yellow pages or ask for recommendations at a local bank.

The manufactured home will need to be approved by the mobile home park where it is located if you plan on keeping the home where it sits. Before buying your home make sure you get this approval else you may have to move it when you were not planning on doing so. In addition check out the park where it is located because you may find that you did not want to stay there after all.