Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

Looking into Buying Mobile Homes?


To own a home is one of the dreams every common man cherishes, even from the childhood. With hard work and years of savings, he might be able to build or buy a dwelling for him and his family. More than a place to stay safe from bad weather and sun, a home is also a handy investment option. In this context, buying mobile homes is an option worth considering. Recently, in the US, there has been a surge in the number of people opting to live in mobile homes. Buying mobile homes is cheaper than other forms of housing and is widely seen as a good investment option as well. Statistics show that nearly 8.8 million American households live in mobile homes.

Before getting on with the details of buying mobile homes, let us look at what a mobile home is. A mobile home is a residential structure that's been constructed in a factory and is then shipped as a single piece to the address. Sometimes it is a misnomer as only 5% of these type homes ever leave their original site.

Buying mobile homes is an even better option when it's placed on land on a concrete slab with a well and full septic system. It will suit those who are looking for inexpensive housing. It's also a good idea if it is sitting on a nice piece of land such as an acre or more if you have plans to build a new home on the lot, or if you are an investor.

Before buying mobile homes you have to make sure that the mobile home conforms to the US government's Manufactured Home Construction and Safety Standards (known as the HUD code). That is, each mobile home must conform to a Federal building code rather than to the building codes at their destinations.

When looking into buying mobile homes, it is a good idea to check for the latest varieties of mobile homes available in the market. Nowadays, mobile homes options vary from single-section homes to large, multi-section units equipped with a fireplace or a cathedral ceiling. Buying mobile homes is a good housing choice for most due to wide price range available.

When buying a mobile home, make sure that everything is in place. First, shop around as much as you can until you find the home of your choice. Compare the cost, floor plan design, interior and exterior decor as well as the construction methods and materials used. Make sure that your mobile home displays the label certifying code compliance and the dealer is licensed with the Division of Motor Vehicles, Department of Highway Safety and Motor Vehicles. When buying mobile homes, it is always better to secure the manufacturer's as well as dealers warranty on the home.

In the context of buying mobile homes, there will be a lot of finance providers offering you loans in addition to dealer financing. Take care that you shop around for the best finance and insurance plan. While finalizing the contract, precisely understand which items on the contract are your responsibility. Clearly define yours and the dealer's responsibilities so that there is no ambiguity in the deal. Do not leave any blank spaces on the contract, and be certain that all the items which you and the dealer have agreed to are covered by the contract. Say no to oral agreements. Read the entire contract before signing it, and make a point to save a completed copy for your records. And if the dealer is to retain the wheels, axles and other mobilizing hardware, this should be stated in the contract.

Before investing in a mobile/manufactured home, be sure you have a place to put it. Remember, the structure must be tied down in accordance with the specifications provided in Department of Highway Safety and Motor Vehicles Rule 15C-1 or the specifications provided by the manufacturers. Remember, such structures are open to on site inspections.

Copyright 2005

Buying and Selling Mobile HomesSelling Mobile Homes


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Forbes

The Problem With Real Estate Agents
Forbes
What makes the profession such a big target for headlines, reality TV and venture capitalists? Why do so many people want to become real estate agents now? Commission — everybody wants a piece of the pie. Let's start with how the real estate industry ...



Bloomberg

Trump-Linked Real Estate Firm Settles Suit by Ex-Employee
Bloomberg
A real estate development firm linked to President Donald Trump reached an agreement to resolve a racketeering lawsuit filed by a former executive who claimed the company defrauded him of money he was owed and concealed the criminal history of one of ...

and more »


Forbes

Six Things You Must Do To Oversee Your Passive Real Estate Investments
Forbes
So you've invested in real estate through limited partnerships, syndications or funds, and someone else is doing all the dirty work so you can spend your time enjoying life. Because you're a passive investor, you don't need to do anything, right ...



Forbes

Real Estate's Five Dirty Words
Forbes
Real estate professionals need to really ask ourselves what luxury means. Is a one-bedroom apartment with a clean aesthetic and laundry in the basement truly a luxury property? Is it appropriate to lump in standard homes in the same breath as a ...



Quartz

Trump Jr is wooing India to make his real estate empire great again!
Quartz
The question, in a gold and serif font, was asked in a full-page advertisement on the front pages of top newspapers in India on Feb. 18, two days before Donald John Trump Jr. arrived in New Delhi. The US president's son is in India on a week-long visit ...
Trump-Branded Real Estate Is Booming In IndiaInternational Business Times

all 158 news articles »


ABC15 Arizona

Real estate marketplace expanding into Phoenix
ABC15 Arizona
Buying and selling homes online is becoming more and more prevalent across the country and in the Valley. Along Interstate 10 in Phoenix, you may have noticed billboards advertising for a new business called "Homie." The company was previously ...



7 things real estate leaders should never do
Inman.com
This winter, Inman is obsessing over leadership in real estate. We're publishing profiles, Q&As, strategy guides, and an in-depth 5-part report on what the industry wants from its leaders. Then, on March 26-28, we're going to gather those leaders in ...

and more »


NJ.com

These 15 NJ real estate markets are sizzling hot right now
NJ.com
Prices increased a measly 1 percent last quarter, compared to 1.5 percent nationally, according to data provided by Zillow, the real estate website. Home values still haven't quite rebounded from the recession. The average home in New Jersey was worth ...



New York Post

The year that changed New York City real estate
New York Post
The farmhouse later passed to the Van Nest family and was not torn down until 1864, freeing up prime real estate for development. Modal Trigger Glover rescued the original fireplaces from the basement and installed them in the house, listed for $13.95 ...



iShares Mortgage Real Estate ETF - Methodology Makes All The Difference
Seeking Alpha
we looked at a very popular income-focused ETF, the iShares U.S. Preferred Stock ETF (PFF) and came to the realization that its passive management approach to preferred stock investing simply did not make sense for most investors, having been ...

and more »

Google News

home | site map
© 2006 TIGER MEDIA