FYI: We make triple wide homes now. And yes, negotiate the price with your dealer. Dealers usually double the price they paid us (manufacturer) for the house. IF you're paying close to $100,000 for a new home, that house was sold to the dealer for less than $50,000, and cost us less than $20,000 to build.
Kristina Smallhorn sure! And yeah, it’s a hefty markup on the retail end. The options are cheaper than you’d think too, at least when we sell them. The dealer may mark up the options on their end too, I’m not entirely sure.
Kristina Smallhorn I deal with dealer’s problems every dang day...half of them do shotty set-up/trim out work and I end up spending thousands to send my service techs and contractors, sometimes up to 700 miles away, out to fix their messes for the homeowner...makes us look bad too..
@@KristinaSmallhorn they add all that to the cost but those of us that build these things dont see a difference in our paychecks at all. They have a million reasons why but when you do it for years their reasons dont make sense and have a million holes in them. It's a shady business to be in. We make a living wage but not even close to what a general contractor would make or a union worker. It's long hours an hard work for production that is supposed to be incentive based. When you have a good seasoned crew that's been together for years and honed your skills your money goes down, basically for being good at what you do...its a pathetic and puss poor industry where sales and management gets all the money for your work
@@anthonystalford8208 I hear ya. Is it possible for you to establish a m.h. resale business. You know more than those that rip you off, it seems. Frustrating and that's business, unfortunately. Few of us receive what we're worth.
When buying any land for a manufactured home, make sure it has as few zoning restrictions as possible and also make sure the property taxes are minimal. Also, make sure the city or town doesn't have a history of arbitrarily raising restrictions and property taxes.
I currently live in a Magnola modular home, that was built in 1975. We have upgraded the windows, flooring and put new Hardie cement board siding on it. Still going strong.
Kristina Smallhorn we put r-15 in our houses unless you request different. I’ve never had a customer complain about electric bills. All of them say they barely go over $100/mo during extremely hot or cold months.
Buy your own land first. Renting a lot in a mobile home park puts you at the mercy of the landlord who can jack up lot rentals at will. You may be able to afford the mobile home but lot rent can become a serious budget problem over a few years.
I have a mobile home in a park, and they go up on rent each yr., by $20.00 min..it's now $265.00 next yr. $285.00. I've already rec.notice. I can't or haven't found decent land as of yet, still searching. I hate cheap mobile home neighborhoods.
@@hctub7319, my sister in Southern California is paying $850/mo. for her space rental. I bought 5 acres of land in Northern Arizona, so no space rental for me.
@@OddTimeMan that's so wrong ! People live in m.h. bc they can't afford an expensive home more than likely. The more I learn about California the more I am grateful to live in mississippi.bwevget a rather bad rap but it's not true. We're very conservative and friendly, like every state, there's the part you're not proud of. We don't have pple on the streets and under ground. What has happened out there ? That governor, Nunes, what is he good for ? No offense it just breaks my heart 💔 😥
It is cheaper in my area too! Bought a 3 bedroom 2 bath mobile home and its cheaper than renting our old 2 bedroom apartment In town! We love that we made the move:)
@@KristinaSmallhorn yes same here. It was 1100 to 1400 to rent in my area, we only pay like 700 to now own our trailer. I realize my home may never appreciate in value but I'm still happy not being so tight on money all the time.
bearpapie69 not true. Where are you getting your info..? You can buy a new, and very nice 16x72 for around $50,000-$60,000 retail. If you’re planning on reselling in 5 years, yeah, it’s a horrible option. But if you’re making it your home, it’s a great option. Costs less than renting, and usually you’re renting something not near as nice as we build them today.
I bought mine after i graduated HS for 3,000, plan on being here a few years and already renovating both bathrooms. Plan on selling for atleast 6k! (I jus graduated may 2019 for time span)
The first thing to realize is that the lenders are generally bad news. Do your research on the type of loan you are getting. Do NOT go with what they call a simple interest loan. Suffice it to say, the payback is really hinky with these types of loans when they are long term like over 6 years. Another thing is that the people most mobil home dealers use to set the home up are the worse of the worse and you have to watch them every minute or they will start cutting corners. To be frank, you are better off buying your lot and initially having it set up with a septic tank and a well. Then have the home delivered. Again, The people who do the setups for these mobil home companies charge a lot and are the worse of the worse. Another biggie is make sure the idiots do not sit the home too low to the ground. First, you will find it impossible to get under the home in the event you need to do a repair on duct work or plumbing under the home. Second, it makes for poor air flow and more moisture build up under the home. To give an example of how shady mobil home installers are, I actually paid extra to have my home set up 36" off the ground. When I got to the site, the installer was putting a pile of blocks on his trailer getting ready to take them to his home. He laid out the frame supports only one block high and was going to steal all the extra blocks I paid for to put the house up 36". This is the kind of crap you deal with when having a mobil home installed. Make sure to be on site when ever ANYONE is doing anything to the home..... I can not emphasize this enough. Mobil homes can be a cost effective home but only if installed correctly. If not installed well, they can become your worse nightmare and a giant money pit.
I really like the mobile home to put on a pc of land you own and are going to build on. I have seen lots of guys do that, instead of renting or paying 2 mortgages they just buy the property, place the mobile home and can then take the time they need to build a house on the land. Man I have seen the most beautiful homes built sometimes over 2 years. Great video Kristina!
You can always buy a big enough property to stick 2 trailers or your tralier and a tiny home on the far back side of your property so you can rent while buliding and then also have both of them to rent out after your house is built, a Frenc or creative landscaping can definitely give you separation and privacy..
We have to buy initially in a park, Florida makes it hard to buy land and do this, school systems are extremely important to us. And there is a park right next to an amazing school. But we plan eventually to buy land and have our own or buy a brick and mortar home after we save a bunch of money
My late uncle born in 1913 worked for HUD his entire career after his military service. Late in life he helped his son purchase a farm in Pennsylvania and he had a foundation poured and purchased a modular home. Came down the road in 2 sections and what a beautiful home it was. Here's a man that inspected homes all his life and purchased a modular home for himself and wife. Modular home builders are held to strict regulations.
Not a bad way to save some money on a new house! Seems like the build quality of those has improved a lot in recent years. I think I would be too concerned about it losing value so quickly though.
When I hear the word “lender” in the same sentence as “mobile home” that is the first red flag. I wouldn’t pay more than $5,000 for a mobile home. Pay cash and save that rent payment for several years then rent it out when you move
As someone who’s owned several in my lifetime the worst thing about them is that they depreciate... especially if they’re in a MH Park. I’ve probably owned around 7 site built homes and they all appreciated in value. Never lost money on one.
Great video! You should point out the cost of installing a septic system and ground water. I know people that paid 7,500 for a quarter acre lot and wound up paying over $10,000 for the septic system and another 5 to 6,000 for the well to be set up. So that's close to $24,000 that you have to consider on top of the cost of the home itself. Just saying🤓
Mobile home buyers BEWARE. You must sign a lease to get into a mobile home park and you basically have no rights after that. Since they own the land you must obey all the rules in the lease or lose your home to them if you don't have the money to move it out. READ YOUR LEASE. And your lot fees will definitely go up every year. And how much? It's up to them.There's no laws to protect you. It might take 3 to 4 hours to read the lease but I suggest you do it so your not surprised when you lose everything you have worked for. Good luck
that water cutoff thing is more important than you know. Ours is 1999 model with hoses rather than pipes, some of our plumbing has integral cutoffs (that leak) and the hot water heater does not, so when the hot water heater failed catastrophically in 2009 we had to cut off the whole house. We had to reconstruct the closet because mobile homes used especially sized heaters and air handling units along with other minor things and the cost was too high for a mobile home sized heater, it was cheaper and easier to shift the walls a little in this home. They are fine homes, fine housing, but they are constructed cheaply with particle board and thin drywall, our roof shingles were cheap and were blowing off in 2008 when we bought the place at only 9 years old. She is giving good advice because they are an entry into home ownership for a lot of people.
I used to set up and service mobile homes and was always asked by customers how the mobile home are, do they last, will i be able to set it up where they want it. i tell them to get the sales agent to get a setup person to go look where they are going to put it. I can't tell you how many times i have told people they can't put a mobile home where they want it without removing some trees, level some ground etc.
@@KristinaSmallhorn I had to take one up the side of a mountain with a DO cat tractor. Top was already leveled. Had to cut down some trees to get it up there.
I feel like that just makes sense with any building... Why would someone want to have to climb up an incline to get from one area to the next or bolt down their furniture to keep it from sliding? Hehehe
Mobile homes are not really cheaper once you consider depreciation (resale), energy cost to heat/cool. You may pay double the price for a regular house, but your also building your long term financial value. You or your kids can typically sell a regular home in good shape for more value later. The only downside of a higher value home is property tax is more.
Got one for $1,500 started working on it but this past winter destroyed the roof. And now I have leaks and I am trying to find a new home hopefully to put on my current lot. I am so stressed and trying to find any videos to help me. Thank you for making this video!
I don't know if this is a myth, but I've (forever) been told a brand new mobile home is highly, highly cancerous. In fact I was just told this (again) the other day. Because I've just sold my large house (too large for me) and have been seriously thinking I'd like a mobile home. I cannot believe how this thought has upset my family and friends.
After reading a lot of the comments I am really second guessing about getting one. Sounds like the landlords can kick you out at will and or even take the house. And if they sell the property then you are screwed. Think I'll just go back to the 5th wheel idea or just rent.
Enjoyed your vlog, Kristina. My wife and I are actually buying our first double-wide already on land. It has been totally renovated and upgrade to 2x6 outside wall construction all new cabinets, well, pretty much everything is new. We live in B.C., Canada, moving to 100 Mile House. We just recently retired and we are excited about this new chapter in our lives.
I've built these things for 32 years in 5 different plants, and I've been a service tech, fixing all the problems, for several of those years and my advice is, don't go cheap because you get what you pay for and NEVER NEVER BUY what they call a "true home". Find someone, if you can, that actually works in one of the plants and have them go with you and REALLY look the house over. I'm a service tech right now, and you would not believe the things I see wrong with some of these things. And they WILL NOT hold up in a violent storm like a regular house does, don't ever believe that, no matter what yur told....my 2 cents
Hey I've got some questions about buying a Mobil home on ebay for 17000. Do you think it would be better to check one out in person? I'm so new to saving up for one no loans for sure maybe one I could fix up and property that I want to own as well. I'd really be grateful for the advice
DO NOT DO IT! Value depreciates and floors disintegrate. Not to mention if you don’t like the park management you can’t just move like in an apartment.
I would love to purchase a brand new mobile home one day. I am single with no kids and I think this would be a ideal purchase because I go away for work six weeks at a time.
Paula, before you do it, try to find someone who works in one of the factories that build these. Don't ever just pick out what you like because you will be fighting a losing battle....
Are single wides less expensive to transport than double wides? Also, if you find a home you like from 2 different dealers, but one dealer is located 15 miles from your land, and the other is 50 miles away, is it worth buying from the dealer that is further if you can get it for several thousand dollars less than at the nearest (due to transportation costs)?
Kristina You are correct about older mobile homes need VA and FHA. FHA is for less than perfect credit (Even when you have perfect credit you are required to have for these homes) but most of those loans are requiring a permanent tie down to the land or real property and both must be a one package deal in order to qualify for acceptance. In the case of a potential owner on rented space (as was my case) the chances of getting loan is very close to impossible but there are some that will lend but the interest rate is double that of a conventional loan. But our situation turn out better after a year of owning our rental lot home my wife and I went to the annual meeting of our credit union of which my wife and I were members in good standing for 28 years. I told the lending CEO that I felt the Credit Union has let us down and that our years of loyalty deserved some recognition.. well after a month and having a meeting with him and his minions we were able to a refi at 4.5%. for 7 years and redefine the mobile as an R.V. Our previous loan was at 8% and matures in 15 years. The difference saved us alot of money over time and encouraged us to double our payments every month. There are ways for a lender to get around the difficult issues and persistence by the purchaser. It's really the lender who needs to have faith in the integrity of the purchaser.
The more i research on mobile homes, the more i think about not getting one. Unless i hsve some land. Lot s rental are ridiculous !! Thank you so much for the info. 👍
I am a mobile home owner. We started with a single wide. Then 4.5 years we traded up to a double wide, 4 bedroom, 3 full bath home. Now, 22 years later, we are wanting to expand. We are looking for another double wide with non working kitchen and bathrooms. This to be joined to our current home. We are not locating such a home at a low enough price. We don't need another kitchen or any more bathrooms, and we won't need a working water heater, or major appliances. You would think that this exists in my area. We will pay to have it relocated ourselves. Any suggestions or help would be sincerely appreciated. Thanx, Mindy
Look for a used mobile classroom. It can be easily renovated and cheaply. Look to your local school system and any tractor trailer outfits like Hale's who sell office trailers. Maybe a container would be suitable also. Affordable and can be easily upgraded. Think outside the box!
Looking into buying a mobile home but the ground rent is an issue and was just wondering is that the case for all mobile homes that are for sale in a mobile home park ?
@@shirleytrent3302 we purchased our 1.5 acres on a real estate contract. After we bought the double wide, we combined it's purchase with the home on one loan. It's been paid off for a few years now. We just got a 12x20 shed. I gotta have a place for my studio things. It has helped ease the space issue. We are raising our grandchildren, and they took over, so to speak.
I live on Long Island, NY and ppl here have single and families moving into mobile homes cause they can't afford anything else. I'm asking this cause you said not to buy a home in a trailer park. I saw used double wide with a 3 br 2 bath there for in the mid $100 thousands. The park is in Bohemia, Long Island, NY and it's called Bunker Hill/Valley Forge. I still live home cause I can't afford to rent and I can't afford to buy an actual house cause of the taxes. That's why I was thinking of a trailer park.
I've never thought about it but a mobile home will get me more space faster on my own land and once it's paid for I can rent it out and get into a "real" home faster.
My 16x80 burned last week. I just found out the insurance will only pay 23k for it 😰. I can’t even buy the smallest most basic home to replace it with for that. If you have a nice Mobil home with insurance be aware that if something happens they will never replace it for you!!
This is way you need an attorney or a public adjuster to read your policy before and after the damage occurred. If you dealt with the insurance on your own then your missing out
Can you discuss crucial information in any of these videos? They’re all about upgrading or manufactured home quality, but I have yet to hear you mention leased land concerns and lenders denying loans I those circumstances. Not everyone can just buy land and plop a manufactured home on it.
Michael BMW Hi Michael. I think of buying a mobile home in Poland . And some land to put it on . As I'm paying out for apartments a few times a year . And I've seen in Poland they are about 4k . Do you have any knowledge on the subject please ?
lisette la chat hi:-) the most important thing about mobile homes is that you must check at first (before buying) if there is not any Moisture problems inside it, it is a common problem with most of the mobile homes. The price can mean a lot but the most important thing is The condition. I think that it Cannot be lager than 35m2 (depends of the law) :)
My dad has land & Im going to start buying mobile homes & renting them on there great video to help me see which direction to go towards when looking for a mobile home .
The very most important thing to remember is that a single wide mobile home is made cheep and will depreciate at a high rate of speed, and speaking of speed, you should run.
I bought a "Manufactured Home" several years ago. Worst mistake of my life. Since then I've bought a couple of stick built houses. Will never go back to a trailer. Here are my main reasons. 1. They are considered vehicles. No matter what you do to them, you get a title for the house and a deed for the land. 2. Interest rates are usually a point higher and a lot of banks are real picky about lending on them. They told me because they have a higher default rate. 3. Insurance rates are higher. 4. It cost me more to heat and cool than a stick built 3X the size. 5. Resale is shit. I took a huge loss on mine. My parents bought one and owned the land, it took them 20 years to break even and that was only because the land was valued at more than the home. In short, I'd only buy one, if you could find a decent used single wide, you could pay cash for and live in for a few years while you build. They may be a good investment for rentals, if you can get them cheap enough. But if you think you are making a long-term investment in a house, put your money into a stick built. So far every stick built I've bought has almost doubled in value every 10 years.
In my state, if you put a double wide on a mason foundation and remove the axles it can be recorded as a house and you get a deed for the house. In this case you also pay yearly Real Estate taxes on it and not Personal Property taxes.
In my state it can be real estate as well. Also, we are looking at a forever home (so don't care about resale value) and are putting it in our own, paid for land. A stick built home the size need for our large family is not in our budget. We could buy more than 2 brand new mobile homes for the cost of a stick built the same size. Also, interest might be slightly higher, but because it is so cheap, we can pay it off in over half the time.. Actually saving us interest in the long run. I do agree utilities are typically higher, but caulking and spray foam can take care of most of that... Besides... We are wanting to go off grid... So for us.... A new mobile home is our best option.
@@thesaintmustwalkalone708 Sounds like you have made some informed comparisons. It is always wise to know community restrictions and utilities costs before committing. Best of luck to you and yours.
When I look at you I think of a few songs, Dan Hartman, I can Dream About you, and Rod Stewart and Ron Isley , This Old Heart ❤️ of Mine . Get it Girl, LSU Number one ☝️
I have a question, I am working with a MH dealership in S.C. now and they have putt together a Quote/confirmation, I noticed in "other options" area it states "427001 Price Protection Plan $6200". I don't know what this is and why they included it in my quote w/o asking me if I even want this protection. Can you explain what this is and do I really need this if it is an option? Would this have to do with holding the price b/c I am told b/c of the Covid, that my home will not be built until Jan/Feb 2022. Or would this be some kind of warrantee on the home itself? Or is this if something should happen while in transit to my property the home would be covered?
Mobile homes need to be on a concrete foundation. That's either a slap or runners. Also tie downs or the straps need to have about two feet of concrete around each rod to properly secure it. To me dirt pads tend to shift your foundation over time.
I would be doing VA loan, if possible and live in Florida now. What I see here is a lack of owner-parks and the corporate owners will charge about a grand a month! Very strange when a old trailer might sell for 10 grand. I wouldn’t want one of those fifty yr old boxes.
I have a question. I purchased a property that has a mobile home,but is in extream shape,need alot of work ! I wanted to purchase a new mobile home.Will mobile home dealer remove old home to place new one? Is this extra charge if they did? Hiw much? What else will I have to prepare for to put mobile home on this property?
@@KristinaSmallhorn I've seen park models with lofts, so there's no reason the bigger mobile homes can't have lofts too! They may not be strong enough to hold full second floors
Why are they still called mobile homes in the South? They're called manufactured homes or factory-built homes. The term "mobile home" isn't used anymore because of the stigma attached to it. They aren't the same today as the mobile homes were decades ago. They're no longer registered as trailers.
Mobile home is an acceptable term because the trailer that the home is attached to is kept intack and the wheels removed when the home settle into its lot space by using cinder blocks or a more permanent foundation. In terms of a more precise use of the word mobile home is correct Because the trailer is part of the whole so I suppose you can say Manufactured trailer mobile home. It's all trivial anyway..
They are trailers to me... And a stigma only applies if you are so self-conscious of what others think. I grew up in a trailer when that was the term and so that's what I call it today. I have no desire to use a politically correct term. It's so sad that people are so offended by the word trailer...
@@thesaintmustwalkalone708, it has absolutely nothing to do with political correctness, and everything to do with being factually correct. Trailers are vehicles. You register them at the DMV. They have a pink slip, registration card, and a license plate. They aren't required to be built to HUD codes. If that describes your house, then YES, you actually live in a trailer.
@@OddTimeMan the definition has changed over the years... The popularity of rvs and campers have changed the definitions to differentiate between them. I agree that trailer is not the correct term anymore. However, your comment was about the stigma... Which is about using a politically correct term to keep from hurting one's feelings. It's great to use manufactured homes to make sure people understand what you mean, but to do it so there is no stigma is stupid.
single double wides and modular are not what they used to be .I bought my land back in 2003 when hubby and I were going to retire from NJ to VA and it depends on your budget what you can negotiate .I paid cash and got a 2440 sq. ft house in 2004 built by Norris homes and still love it to this day .I bought 3 acres 15 thousand and home was 89 thousand and well and septic together were about another 6 thousand .You have to factor in all the extras if you are getting any home .My home is 2x6 stud walls with 8 1/2 foot ceilings .I had it left on frame to make the 2x12 floor joists even more sturdier and it is on a basement which back then cost another 20 thousand and drive way was 10 thousand .The price of the home and build of it was much easier than I thought .Stick built on land would have been much more and left to weather conditions a lot longer .I sold my house in NJ the first day it was on the market so time was not on my side .I did leave out all the carpet and vinyl and had a floor installer come in to do that and it was not cheap 22 thousand .I know now they charge you more for set up as it took 2 cranes for mine but that was already factored in .Now they charge you for it in most cases .But I know my house can do 55 MPH and a stick built would probably be damaged in a house move .Do your research and you can only find what you want if you are comparing apples to apples .I went to 5 mobile home places and looked at every one of the ones on the lot by several builders and chose Norris homes and would do it again the same way and choose the same home builder .But your budget is number one thing to think about .Never rent a lot it is not worth it .Plus try to get drywall like I did those cheap walls are not worth it .
#6: Space rent. You need to add that to the cost of the building when you figure your total house payment, if you put it in a mobile home park. Also, there's a total money-making scheme going on everywhere now where the existing mobile home park rents are jacked up through the roof when the park is sold to a new owner. Aaaaaaand you're stuck with it.
Currently looking at a 2 bed 1 bath mobile home sitting on 5.29 acres of land! for $164,900. Hoping they drop the price, also hoping the septic and evey thing is fine with the home!
Fact Number 6: Never purchase a Manufactured Home with Heat and Air Vents in the floor. Make sure they are in the ceiling where they belong 😉 Thank You, Kristina, for taking the time to make this video 😊
@@jonkrueger359 Floor Vents are not healthy. Everything you step on and in and then walk into the house eventually finds it's way into the floor vents. So when the air kicks on, all that dust, dirt, and pollutants get blown into the air and you get to breath it all in. That does not happen when your vents are in the ceiling. As for your home being a 100 years old. It was either you or a previous owner that decided to put the vents in the floor. They could have just as easily been put in the ceiling.
@@Thelby1 it's a little hard to put vents in the ceiling of a two story house in the Midwest we put them in the floor because heat rises and cool air stays near the floor. Keep your house clean and vacuum once a week and you will live a long life.
@@jonkrueger359 LOL, I am a 37 years Heat and Air Tech. I have installed Vents in the Floor, Ceiling and Walls. I can install them anywhere you want. and keeping your house clean helps, but only a little. I have ripped out floor vents that were installed just 10 years prior in homes that otherwise appear Very Clean. And those vents were filthy where you could not touch them and causing irritants and allergies to the home owners even with their HEPA Filters. There is always a way to install vents in the ceiling and your health should demand it.
Thank you:)) This is so helpful as a New Yorker who wants to buy actual property in LA versus renting! I see there are a few trailer parks by Burbank that seem safe and big and cheaper than rent
It has been my experience that the biggest problem mobile homes have is the use of "particle board" subflooring. It wouldn't cost that much more for manufacturers to use treated plywood for subflooring. For bathrooms and kitchens where the risk of water damage is greatest, I would go further and add a layer of cement fiber backer board or fiberglass reenforced panel. A close second issue is "Masonite" type siding. I wouldn't want anything less than a good quality treated plywood siding. Cheap plumbing, particle board subflooring, and Masonite type siding are the three issues that reduce the lifespan, livability, and resale value of mobile homes.
I have. And the problems I noted have been brought up by most people who have owned mobile homes. Masonite siding (and similar products,) are problematic even when used on stick built conventional houses.) The wetter the environment (including high humidity) the faster Masonite siding deteriorates. While most manufacturers will say that this type of siding is good for fifteen or more years, in areas that receive lots of rain, that product lifespan is overly optimistic. I once owned a partial brick veneer duplex that had such siding, which started failing after only five years. I've seen the sort used by many mobile home manufacturers begin showing signs of deterioration after only a couple of years. If you can't afford good quality treated plywood siding, at least try to get a quality OSB siding. If they use anything less than PEX plumbing with quality fixtures, you will have problems with your plumbing. Of course, usually you have to settle for what the manufacturer used, which is usually the cheapest material they could buy, so you don't often have a choice. I can't emphasize enough how much I detest particle board and MDF. I hate seeing it used for cabinetry and I think it should be banned for use as subflooring in mobile homes. If it gets wet or even experiences prolonged exposure to high levels of humidity, it will swell and crumble.
Kristina Smallhorn well i made that mistake already because i thought a 750 credit score at my age was good. Apparently i was wrong. I talked to all the credit unions near me and no one lends for manufactured homes. I know i can afford 90,000 for a regular house so i went for a 49,000 mobile home .
I started see you video two days ago I would like to buy straight mobile home with porch obviously I will like to be very high and hide I don't want it in the ground I wanted very height like the one you show right now in case of water flow I would like two rooms one bathroom where can I go and see it in person I live in New Jersey can you please you look very trusting and honest when you talk and this is my first time and I don't want to make mistakes and somebody take advantage of things I don't know about mobile homes where can I go a trust dealer in New Jersey thank you God bless you
I have the opportunity to buy land in a mobile home park, I have to put a home no older than 5 yrs old it. I’m thinking about buying new and reselling, renting, or seller financing. I’m hoping to make a profit. How does that sound? Do have any tips? Appreciate your video!! Great job!!
Kristina Smallhorn I understand what your saying but land outside of the park are up to 10x the price. This park doesn’t have property management. Just standard rules for the type of home to put on the lot. It’s more like a subdivision. I’ll Double check the rules
Oh please do not buy mobile homes expecting a return on your money.... Not only is the renting business tough but your renters will destroy a mobile home in 5 years ! Not to mention your Depreciation !!!!
@@KristinaSmallhorn The construction of the basement you are describing needs to be built for the load just as if a stick built is built over it. I am an engineer so this comes to mind. It can be done. A basement can be poured concrete, concrete block, or brick. Consider drainage from outside of the foundation walls and drainage from inside also. My advice about basements is to ALWAYS have gravity drainage of a basement and never depend on a sump pump-power loss when electricity goes down(saw it happen to a neighbor in Michigan).
@@KristinaSmallhorn ..nice great places to eat to in mass...i will be watching your posts im in the market as most of my money went to sick parents...but happy it went to them!
Not everyone has the ability to save that kind of money at one time. Smaller payments make it easier for them and they won't be wasting their money on renting.
FYI: We make triple wide homes now. And yes, negotiate the price with your dealer. Dealers usually double the price they paid us (manufacturer) for the house. IF you're paying close to $100,000 for a new home, that house was sold to the dealer for less than $50,000, and cost us less than $20,000 to build.
Kristina Smallhorn sure! And yeah, it’s a hefty markup on the retail end. The options are cheaper than you’d think too, at least when we sell them. The dealer may mark up the options on their end too, I’m not entirely sure.
Kristina Smallhorn I deal with dealer’s problems every dang day...half of them do shotty set-up/trim out work and I end up spending thousands to send my service techs and contractors, sometimes up to 700 miles away, out to fix their messes for the homeowner...makes us look bad too..
Kristina Smallhorn our ceramic tile option is $1,449 (+/- $500).. no telling what the jack it up to on the retail end...
@@KristinaSmallhorn they add all that to the cost but those of us that build these things dont see a difference in our paychecks at all. They have a million reasons why but when you do it for years their reasons dont make sense and have a million holes in them. It's a shady business to be in. We make a living wage but not even close to what a general contractor would make or a union worker. It's long hours an hard work for production that is supposed to be incentive based. When you have a good seasoned crew that's been together for years and honed your skills your money goes down, basically for being good at what you do...its a pathetic and puss poor industry where sales and management gets all the money for your work
@@anthonystalford8208
I hear ya. Is it possible for you to establish a m.h. resale business. You know more than those that rip you off, it seems. Frustrating and that's business, unfortunately. Few of us receive what we're worth.
When buying any land for a manufactured home, make sure it has as few zoning restrictions as possible and also make sure the property taxes are minimal. Also, make sure the city or town doesn't have a history of arbitrarily raising restrictions and property taxes.
That also goes with any kind of home.
@@KristinaSmallhorn I bet a manufactured home (mobile or modular ) can be installed on a big barge in a lake, river or the ocean.
@@KristinaSmallhorn By the way, can a mobile home be two storey? I've seen two storey modular homes and two storey sheds, but what about mobile homes?
@@KristinaSmallhorn Aren't they structurally sound enough to be 2 storey?
I currently live in a Magnola modular home, that was built in 1975. We have upgraded the windows, flooring and put new Hardie cement board siding on it. Still going strong.
Kristina Smallhorn we put r-15 in our houses unless you request different. I’ve never had a customer complain about electric bills. All of them say they barely go over $100/mo during extremely hot or cold months.
My grandma bought a mobile home 15+ years ago with very little issues. I think they are a great option rather than $500,000+ on a house.
Buy your own land first. Renting a lot in a mobile home park puts you at the mercy of the landlord who can jack up lot rentals at will. You may be able to afford the mobile home but lot rent can become a serious budget problem over a few years.
I have a mobile home in a park, and they go up on rent each yr., by $20.00 min..it's now $265.00 next yr. $285.00. I've already rec.notice. I can't or haven't found decent land as of yet, still searching. I hate cheap mobile home neighborhoods.
@@hctub7319, my sister in Southern California is paying $850/mo. for her space rental. I bought 5 acres of land in Northern Arizona, so no space rental for me.
How do you know what land is good? And some of us can't afford to purchase land AND live in a separate place while trying to pay off that land.
@@vickyandersen8660
That's so true. The park I pay has over 500 spaces they rent. Imagine $ greed.
@@OddTimeMan that's so wrong ! People live in m.h. bc they can't afford an expensive home more than likely. The more I learn about California the more I am grateful to live in mississippi.bwevget a rather bad rap but it's not true. We're very conservative and friendly, like every state, there's the part you're not proud of. We don't have pple on the streets and under ground. What has happened out there ? That governor, Nunes, what is he good for ? No offense it just breaks my heart 💔 😥
You had my attention when you said cheaper than rent!
It is cheaper in my area too! Bought a 3 bedroom 2 bath mobile home and its cheaper than renting our old 2 bedroom apartment In town! We love that we made the move:)
@@KristinaSmallhorn yes same here. It was 1100 to 1400 to rent in my area, we only pay like 700 to now own our trailer. I realize my home may never appreciate in value but I'm still happy not being so tight on money all the time.
Only if you own the land. Sad to see people lose their home because they can’t pay lot rent
@@sundinfamforlife4129 how much are you paying in lot rent?
@@Evettecord we pay 450 right now in lot rent
First time I've ever seen an agent talk about mobile homes..👍
Yea me to first time
bearpapie69 not true. Where are you getting your info..? You can buy a new, and very nice 16x72 for around $50,000-$60,000 retail. If you’re planning on reselling in 5 years, yeah, it’s a horrible option. But if you’re making it your home, it’s a great option. Costs less than renting, and usually you’re renting something not near as nice as we build them today.
I move into my double home November 1st I’m excited 3 bedrooms two bath. It looks great inside
Congratulations
Congrats! Let me know if you need company.
CONGRATS!!!!
@Living Well With TJ Stay humble or God will humble you!!! Arrogant snob! It takes just 1 accident or illness, remember that.
@Living Well With TJ first off lil key warrior drink a tall glass of STFU and you definitely wasn't funny
I bought one for 2 grand. Stuck 5 grand into it. Sold for 30 grand. 🎅🎅🎅
Where did you find your deal?
I.e auction,private ?
And where are other places to purchase mobile homes?
I love that John! Anyway we can correspond through email?
I bought mine after i graduated HS for 3,000, plan on being here a few years and already renovating both bathrooms. Plan on selling for atleast 6k! (I jus graduated may 2019 for time span)
Jeffrey Neville wanting to buy one too, congrats!
Whoa
The first thing to realize is that the lenders are generally bad news.
Do your research on the type of loan you are getting. Do NOT
go with what they call a simple interest loan. Suffice it to say, the payback
is really hinky with these types of loans when they are long term like
over 6 years.
Another thing is that the people most mobil home dealers use to set the home
up are the worse of the worse and you have to watch them every minute
or they will start cutting corners. To be frank, you are better off buying
your lot and initially having it set up with a septic tank and
a well. Then have the home delivered. Again, The people who do the setups
for these mobil home companies charge a lot and are the worse
of the worse.
Another biggie is make sure the idiots do not sit the home too low
to the ground. First, you will find it impossible to get under the home in the event
you need to do a repair on duct work or plumbing under the home. Second, it
makes for poor air flow and more moisture build up under the home.
To give an example of how shady mobil home installers are, I actually
paid extra to have my home set up 36" off the ground.
When I got to the site, the installer was putting a pile of blocks on his trailer
getting ready to take them to his home. He laid out the frame supports
only one block high and was going to steal all the extra blocks I paid for to put the house up 36".
This is the kind of crap you deal with when having a mobil home installed.
Make sure to be on site when ever ANYONE is doing anything to the home.....
I can not emphasize this enough. Mobil homes can be a cost effective
home but only if installed correctly. If not installed well, they can become
your worse nightmare and a giant money pit.
😱😱😱😱
Trying to avoid the lenders all together that interest buys a Toyota Tundra/ Tacoma over time. Save save save !
I really like the mobile home to put on a pc of land you own and are going to build on. I have seen lots of guys do that, instead of renting or paying 2 mortgages they just buy the property, place the mobile home and can then take the time they need to build a house on the land. Man I have seen the most beautiful homes built sometimes over 2 years. Great video Kristina!
lived in one in Oregon for 7 years and had no problems with it at all. Parents lived in one for 10 years.
@The Doctor they don't cost anywhere near that lol. I've put them in some weird places in Oregon.
You can always buy a big enough property to stick 2 trailers or your tralier and a tiny home on the far back side of your property so you can rent while buliding and then also have both of them to rent out after your house is built, a Frenc or creative landscaping can definitely give you separation and privacy..
This is exactly what my SO and I want to do!!
The one and only fact you need to know is own your OWN land.
And know restrictions re what you can put on your own land
We have to buy initially in a park, Florida makes it hard to buy land and do this, school systems are extremely important to us. And there is a park right next to an amazing school. But we plan eventually to buy land and have our own or buy a brick and mortar home after we save a bunch of money
@@DemiandDavid04 what did you do now any progress ?
@@fofofofo3076 haven’t bought yet. Prices in Florida are ridiculous. Just land alone costs 100k (or more) than the price to build
@@DemiandDavid04 buy tiny house and rent it in a park ! I have seen some mobile home 3bedroom and 2 bath for 33k in brooksville
My late uncle born in 1913 worked for HUD his entire career after his military service. Late in life he helped his son purchase a farm in Pennsylvania and he had a foundation poured and purchased a modular home. Came down the road in 2 sections and what a beautiful home it was. Here's a man that inspected homes all his life and purchased a modular home for himself and wife. Modular home builders are held to strict regulations.
Wise man, he was.
I love a nice double wide on a nice piece of land!
Not a bad way to save some money on a new house! Seems like the build quality of those has improved a lot in recent years. I think I would be too concerned about it losing value so quickly though.
@@KristinaSmallhorn Glad to be back! Sorry I haven't been around in a while!
Brandon OMG he’s alive - hey buddy
@@UrbanVanlife Hey man! Good to hear from you!
Brandon how’s u man Iv missed ur abuse
no, the build quality has not improved at all. they just dress them up to appear better. 34 years building them. i know what i'm talking about
When I hear the word “lender” in the same sentence as “mobile home” that is the first red flag. I wouldn’t pay more than $5,000 for a mobile home. Pay cash and save that rent payment for several years then rent it out when you move
Why not? There's one that I like its 24k. I thought it was cheap plus i wanna buy a land too
They fall apart very quickly and are worth nothing when you are done with them.
Where the hell can I buy a mobile HOME for $5000? Not a trailer in a trailer park. A full fledge home? Plz enlighten me.
Project One I thought mobile homes were $50,000. I’m just a regular bloke. But I have $5,000 and a daughter.
As someone who’s owned several in my lifetime the worst thing about them is that they depreciate... especially if they’re in a MH Park. I’ve probably owned around 7 site built homes and they all appreciated in value. Never lost money on one.
By "site built" do you mean traditional stick homes?
Great video! You should point out the cost of installing a septic system and ground water. I know people that paid 7,500 for a quarter acre lot and wound up paying over $10,000 for the septic system and another 5 to 6,000 for the well to be set up. So that's close to $24,000 that you have to consider on top of the cost of the home itself. Just saying🤓
My thoughts too.
Mobile home buyers BEWARE. You must sign a lease to get into a mobile home park and you basically have no rights after that. Since they own the land you must obey all the rules in the lease or lose your home to them if you don't have the money to move it out. READ YOUR LEASE. And your lot fees will definitely go up every year. And how much? It's up to them.There's no laws to protect you. It might take 3 to 4 hours to read the lease but I suggest you do it so your not surprised when you lose everything you have worked for. Good luck
Make it a temporary stay and not permanent
that water cutoff thing is more important than you know. Ours is 1999 model with hoses rather than pipes, some of our plumbing has integral cutoffs (that leak) and the hot water heater does not, so when the hot water heater failed catastrophically in 2009 we had to cut off the whole house. We had to reconstruct the closet because mobile homes used especially sized heaters and air handling units along with other minor things and the cost was too high for a mobile home sized heater, it was cheaper and easier to shift the walls a little in this home. They are fine homes, fine housing, but they are constructed cheaply with particle board and thin drywall, our roof shingles were cheap and were blowing off in 2008 when we bought the place at only 9 years old. She is giving good advice because they are an entry into home ownership for a lot of people.
I used to set up and service mobile homes and was always asked by customers how the mobile home are, do they last, will i be able to set it up where they want it. i tell them to get the sales agent to get a setup person to go look where they are going to put it. I can't tell you how many times i have told people they can't put a mobile home where they want it without removing some trees, level some ground etc.
@@KristinaSmallhorn I had to take one up the side of a mountain with a DO cat tractor. Top was already leveled. Had to cut down some trees to get it up there.
@@KristinaSmallhorn I tried to find your trivia game last night and couldn't find it. where is it located ??????
I feel like that just makes sense with any building... Why would someone want to have to climb up an incline to get from one area to the next or bolt down their furniture to keep it from sliding? Hehehe
Mobile homes are not really cheaper once you consider depreciation (resale), energy cost to heat/cool. You may pay double the price for a regular house, but your also building your long term financial value. You or your kids can typically sell a regular home in good shape for more value later. The only downside of a higher value home is property tax is more.
I live in one. I just love my home❤️ with jacuzzi and 4 rooms
Got one for $1,500 started working on it but this past winter destroyed the roof. And now I have leaks and I am trying to find a new home hopefully to put on my current lot. I am so stressed and trying to find any videos to help me. Thank you for making this video!
I don't know if this is a myth, but I've (forever) been told a brand new mobile home is highly, highly cancerous. In fact I was just told this (again) the other day. Because I've just sold my large house (too large for me) and have been seriously thinking I'd like a mobile home. I cannot believe how this thought has upset my family and friends.
Great vid and I love these homes cos you don’t have to move home u can just move location
You may be happier with a trailor .
This is my first time with you channel. Your Video is good tips.
After reading a lot of the comments I am really second guessing about getting one. Sounds like the landlords can kick you out at will and or even take the house. And if they sell the property then you are screwed. Think I'll just go back to the 5th wheel idea or just rent.
Why would they take a land you paid for ?
Enjoyed your vlog, Kristina. My wife and I are actually buying our first double-wide already on land. It has been totally renovated and upgrade to 2x6 outside wall construction all new cabinets, well, pretty much everything is new. We live in B.C., Canada, moving to 100 Mile House. We just recently retired and we are excited about this new chapter in our lives.
I've built these things for 32 years in 5 different plants, and I've been a service tech, fixing all the problems, for several of those years and my advice is, don't go cheap because you get what you pay for and NEVER NEVER BUY what they call a "true home". Find someone, if you can, that actually works in one of the plants and have them go with you and REALLY look the house over. I'm a service tech right now, and you would not believe the things I see wrong with some of these things. And they WILL NOT hold up in a violent storm like a regular house does, don't ever believe that, no matter what yur told....my 2 cents
Hey I've got some questions about buying a Mobil home on ebay for 17000. Do you think it would be better to check one out in person? I'm so new to saving up for one no loans for sure maybe one I could fix up and property that I want to own as well. I'd really be grateful for the advice
What do you mean by True Home?
DO NOT DO IT! Value depreciates and floors disintegrate. Not to mention if you don’t like the park management you can’t just move like in an apartment.
Wow mobile homes in the area I live in Canada are $350K and up for a 2 bedroom 😅 but still cheaper than even an apartment here.
Do you have a vid on how to make the outside look less manufactured? Can you add a garage or porches to help break up the box look?
You didn't mention the fact that no insurance company will insure the home. We found one, but it covers very little and is outrageously expensive.
I would love to purchase a brand new mobile home one day. I am single with no kids and I think this would be a ideal purchase because I go away for work six weeks at a time.
Paula, before you do it, try to find someone who works in one of the factories that build these. Don't ever just pick out what you like because you will be fighting a losing battle....
They sell used mobile homes from the 70’s for 300-400 thousand dollars here in Silicon Valley
$300k?? For a 70s mobile home?
Like $300,000 US dollars? 🤔
BigSky looks like if got a little better the 300k ones atm are from late 90’s
Are single wides less expensive to transport than double wides? Also, if you find a home you like from 2 different dealers, but one dealer is located 15 miles from your land, and the other is 50 miles away, is it worth buying from the dealer that is further if you can get it for several thousand dollars less than at the nearest (due to transportation costs)?
I learned so much from this video, thank you for sharing!
Thank you for watching.
Thank you for such a helpful videos and to all the helpful comments. You guys are awesome 🎉
Love that mobile home look!! Love the video too good info and tips
Love your home’s. You’ve inspired me to do home tours. Keep up the good work.
Kristina
You are correct about older mobile homes need VA and FHA. FHA is for less than perfect credit (Even when you have perfect credit you are required to have for these homes) but most of those loans are requiring a permanent tie down to the land or real property and both must be a one package deal in order to qualify for acceptance.
In the case of a potential owner on rented space (as was my case) the chances of getting loan is very close to impossible but there are some that will lend but the interest rate is double that of a conventional loan.
But our situation turn out better after a year of owning our rental lot home my wife and I went to the annual meeting of our credit union of which my wife and I were members in good standing for 28 years. I told the lending CEO that I felt the Credit Union has let us down and that our years of loyalty deserved some recognition.. well after a month and having a meeting with him and his minions we were able to a refi at 4.5%. for 7 years and redefine the mobile as an R.V. Our previous loan was at 8% and matures in 15 years. The difference saved us alot of money over time and encouraged us to double our payments every month.
There are ways for a lender to get around the difficult issues and persistence by the purchaser. It's really the lender who needs to have faith in the integrity of the purchaser.
The more i research on mobile homes, the more i think about not getting one. Unless i hsve some land. Lot s rental are ridiculous !! Thank you so much for the info. 👍
I am a mobile home owner. We started with a single wide. Then 4.5 years we traded up to a double wide, 4 bedroom, 3 full bath home. Now, 22 years later, we are wanting to expand. We are looking for another double wide with non working kitchen and bathrooms. This to be joined to our current home.
We are not locating such a home at a low enough price. We don't need another kitchen or any more bathrooms, and we won't need a working water heater, or major appliances. You would think that this exists in my area. We will pay to have it relocated ourselves.
Any suggestions or help would be sincerely appreciated.
Thanx,
Mindy
Look for a used mobile classroom. It can be easily renovated and cheaply. Look to your local school system and any tractor trailer outfits like Hale's who sell office trailers. Maybe a container would be suitable also. Affordable and can be easily upgraded. Think outside the box!
Looking into buying a mobile home but the ground rent is an issue and was just wondering is that the case for all mobile homes that are for sale in a mobile home park ?
@@shirleytrent3302 we purchased our 1.5 acres on a real estate contract. After we bought the double wide, we combined it's purchase with the home on one loan. It's been paid off for a few years now.
We just got a 12x20 shed. I gotta have a place for my studio things. It has helped ease the space issue.
We are raising our grandchildren, and they took over, so to speak.
@@mindylafler3456 Thank you so very much for your help and reply. I appreciate your time.
Great video, Great content. Glad to see someone shine light in the mobile home world.
I live on Long Island, NY and ppl here have single and families moving into mobile homes cause they can't afford anything else. I'm asking this cause you said not to buy a home in a trailer park. I saw used double wide with a 3 br 2 bath there for in the mid $100 thousands. The park is in Bohemia, Long Island, NY and it's called Bunker Hill/Valley Forge. I still live home cause I can't afford to rent and I can't afford to buy an actual house cause of the taxes. That's why I was thinking of a trailer park.
Do you have to get a septic inspection on resale homes there?
I've never thought about it but a mobile home will get me more space faster on my own land and once it's paid for I can rent it out and get into a "real" home faster.
My 16x80 burned last week. I just found out the insurance will only pay 23k for it 😰. I can’t even buy the smallest most basic home to replace it with for that. If you have a nice Mobil home with insurance be aware that if something happens they will never replace it for you!!
This is way you need an attorney or a public adjuster to read your policy before and after the damage occurred. If you dealt with the insurance on your own then your missing out
Can you discuss crucial information in any of these videos? They’re all about upgrading or manufactured home quality, but I have yet to hear you mention leased land concerns and lenders denying loans I those circumstances. Not everyone can just buy land and plop a manufactured home on it.
I love your videos! Keep up the good work.
You have a beautiful soul young lady! Thank you so much for sharing and caring. Cheers, John Zunich, Long Beach, CA
FIRST!!!! Great mobile home tips....
congrats on the success of this video. Well done.
@@KristinaSmallhorn You got this, keep it coming. You have a great coach.
I just seen some with a garage near by me, that’s crazy
Really nice video ❤️❤️ Greetings from Poland 🇵🇱🇵🇱
Michael BMW Hi Michael. I think of buying a mobile home in Poland . And some land to put it on . As I'm paying out for apartments a few times a year . And I've seen in Poland they are about 4k . Do you have any knowledge on the subject please ?
lisette la chat hi:-) the most important thing about mobile homes is that you must check at first (before buying) if there is not any Moisture problems inside it, it is a common problem with most of the mobile homes. The price can mean a lot but the most important thing is The condition. I think that it Cannot be lager than 35m2 (depends of the law) :)
What builder would you say is the best quality builder?
My dad has land & Im going to start buying mobile homes & renting them on there great video to help me see which direction to go towards when looking for a mobile home .
Did you end up doing it? I need help
The very most important thing to remember is that a single wide mobile home is made cheep and will depreciate at a high rate of speed, and speaking of speed, you should run.
wrong
@@jimmoss2237 , How so little grasshopper?
I bought a "Manufactured Home" several years ago. Worst mistake of my life. Since then I've bought a couple of stick built houses. Will never go back to a trailer. Here are my main reasons. 1. They are considered vehicles. No matter what you do to them, you get a title for the house and a deed for the land. 2. Interest rates are usually a point higher and a lot of banks are real picky about lending on them. They told me because they have a higher default rate. 3. Insurance rates are higher. 4. It cost me more to heat and cool than a stick built 3X the size. 5. Resale is shit. I took a huge loss on mine. My parents bought one and owned the land, it took them 20 years to break even and that was only because the land was valued at more than the home. In short, I'd only buy one, if you could find a decent used single wide, you could pay cash for and live in for a few years while you build. They may be a good investment for rentals, if you can get them cheap enough. But if you think you are making a long-term investment in a house, put your money into a stick built. So far every stick built I've bought has almost doubled in value every 10 years.
In my state, if you put a double wide on a mason foundation and remove the axles it can be recorded as a house and you get a deed for the house. In this case you also pay yearly Real Estate taxes on it and not Personal Property taxes.
In my state it can be real estate as well. Also, we are looking at a forever home (so don't care about resale value) and are putting it in our own, paid for land. A stick built home the size need for our large family is not in our budget. We could buy more than 2 brand new mobile homes for the cost of a stick built the same size. Also, interest might be slightly higher, but because it is so cheap, we can pay it off in over half the time.. Actually saving us interest in the long run.
I do agree utilities are typically higher, but caulking and spray foam can take care of most of that... Besides... We are wanting to go off grid...
So for us.... A new mobile home is our best option.
@@thesaintmustwalkalone708 Sounds like you have made some informed comparisons. It is always wise to know community restrictions and utilities costs before committing. Best of luck to you and yours.
@@beach3girl459 thank you
When I look at you I think of a few songs, Dan Hartman, I can Dream About you, and Rod Stewart and Ron Isley , This Old Heart ❤️ of Mine . Get it Girl, LSU Number one ☝️
Can you re sell your MODULAR home like in real estate? And can the house grow profit just like a regular house ?
Thank you so much!!
I have a question, I am working with a MH dealership in S.C. now and they have putt together a Quote/confirmation, I noticed in "other options" area it states "427001 Price Protection Plan $6200". I don't know what this is and why they included it in my quote w/o asking me if I even want this protection. Can you explain what this is and do I really need this if it is an option? Would this have to do with holding the price b/c I am told b/c of the Covid, that my home will not be built until Jan/Feb 2022. Or would this be some kind of warrantee on the home itself? Or is this if something should happen while in transit to my property the home would be covered?
Thank you so much for this informative video ❤
Thank you for watching and commenting.
Mobile homes need to be on a concrete foundation. That's either a slap or runners. Also tie downs or the straps need to have about two feet of concrete around each rod to properly secure it. To me dirt pads tend to shift your foundation over time.
I'm interested in a triple or quad size
I would be doing VA loan, if possible and live in Florida now. What I see here is a lack of owner-parks and the corporate owners will charge about a grand a month! Very strange when a old trailer might sell for 10 grand. I wouldn’t want one of those fifty yr old boxes.
I have a question. I purchased a property that has a mobile home,but is in extream shape,need alot of work ! I wanted to purchase a new mobile home.Will mobile home dealer remove old home to place new one? Is this extra charge if they did? Hiw much? What else will I have to prepare for to put mobile home on this property?
Can you tell me if there is any buy here pay here mobile home dealers in New England?
At 4:50, you mentioned stick? built home. What are those?
@@KristinaSmallhorn Or on pier and beam. Basically built out of individual boards, nailed or screwed together to build a structure.
As long as I’m single and living alone, I’d honestly love to live in a trailer!
American mobile homes are amazing wish we had um here in lreland
Can you raise the pitch of the roof and add a loft or two to a mobile home?
@@KristinaSmallhorn I've seen park models with lofts, so there's no reason the bigger mobile homes can't have lofts too! They may not be strong enough to hold full second floors
Why are they still called mobile homes in the South? They're called manufactured homes or factory-built homes. The term "mobile home" isn't used anymore because of the stigma attached to it. They aren't the same today as the mobile homes were decades ago. They're no longer registered as trailers.
In Florida they are
Mobile home is an acceptable term because the trailer that the home is attached to is kept intack and the wheels removed when the home settle into its lot space by using cinder blocks or a more permanent foundation.
In terms of a more precise use of the word mobile home is correct
Because the trailer is part of the whole so I suppose you can say
Manufactured trailer mobile home.
It's all trivial anyway..
They are trailers to me... And a stigma only applies if you are so self-conscious of what others think. I grew up in a trailer when that was the term and so that's what I call it today. I have no desire to use a politically correct term. It's so sad that people are so offended by the word trailer...
@@thesaintmustwalkalone708, it has absolutely nothing to do with political correctness, and everything to do with being factually correct. Trailers are vehicles. You register them at the DMV. They have a pink slip, registration card, and a license plate. They aren't required to be built to HUD codes. If that describes your house, then YES, you actually live in a trailer.
@@OddTimeMan the definition has changed over the years... The popularity of rvs and campers have changed the definitions to differentiate between them. I agree that trailer is not the correct term anymore. However, your comment was about the stigma... Which is about using a politically correct term to keep from hurting one's feelings. It's great to use manufactured homes to make sure people understand what you mean, but to do it so there is no stigma is stupid.
single double wides and modular are not what they used to be .I bought my land back in 2003 when hubby and I were going to retire from NJ to VA and it depends on your budget what you can negotiate .I paid cash and got a 2440 sq. ft house in 2004 built by Norris homes and still love it to this day .I bought 3 acres 15 thousand and home was 89 thousand and well and septic together were about another 6 thousand .You have to factor in all the extras if you are getting any home .My home is 2x6 stud walls with 8 1/2 foot ceilings .I had it left on frame to make the 2x12 floor joists even more sturdier and it is on a basement which back then cost another 20 thousand and drive way was 10 thousand .The price of the home and build of it was much easier than I thought .Stick built on land would have been much more and left to weather conditions a lot longer .I sold my house in NJ the first day it was on the market so time was not on my side .I did leave out all the carpet and vinyl and had a floor installer come in to do that and it was not cheap 22 thousand .I know now they charge you more for set up as it took 2 cranes for mine but that was already factored in .Now they charge you for it in most cases .But I know my house can do 55 MPH and a stick built would probably be damaged in a house move .Do your research and you can only find what you want if you are comparing apples to apples .I went to 5 mobile home places and looked at every one of the ones on the lot by several builders and chose Norris homes and would do it again the same way and choose the same home builder .But your budget is number one thing to think about .Never rent a lot it is not worth it .Plus try to get drywall like I did those cheap walls are not worth it .
I like that mobile home you sitting out front of towards the end of the video
#6: Space rent. You need to add that to the cost of the building when you figure your total house payment, if you put it in a mobile home park. Also, there's a total money-making scheme going on everywhere now where the existing mobile home park rents are jacked up through the roof when the park is sold to a new owner. Aaaaaaand you're stuck with it.
Currently looking at a 2 bed 1 bath mobile home sitting on 5.29 acres of land! for $164,900. Hoping they drop the price, also hoping the septic and evey thing is fine with the home!
Sounds like a great deal!
what about a 20-year-old manufactured home on an existing lot... i just got a very bad inspection report. not sure if i will go through with ti
Great presentation- thanks! Liked, subscribed & sharing.
Fact Number 6: Never purchase a Manufactured Home with Heat and Air Vents in the floor.
Make sure they are in the ceiling where they belong 😉
Thank You, Kristina, for taking the time to make this video 😊
I thought they are always on the floor in mobile homes ?
My home is over 100 years old and all the vents are in the floor, why do you think they go in the ceiling?
@@jonkrueger359 Floor Vents are not healthy. Everything you step on and in and then walk into the house eventually finds it's way into the floor vents. So when the air kicks on, all that dust, dirt, and pollutants get blown into the air and you get to breath it all in. That does not happen when your vents are in the ceiling. As for your home being a 100 years old. It was either you or a previous owner that decided to put the vents in the floor. They could have just as easily been put in the ceiling.
@@Thelby1 it's a little hard to put vents in the ceiling of a two story house in the Midwest we put them in the floor because heat rises and cool air stays near the floor. Keep your house clean and vacuum once a week and you will live a long life.
@@jonkrueger359 LOL, I am a 37 years Heat and Air Tech. I have installed Vents in the Floor, Ceiling and Walls. I can install them anywhere you want. and keeping your house clean helps, but only a little. I have ripped out floor vents that were installed just 10 years prior in homes that otherwise appear Very Clean. And those vents were filthy where you could not touch them and causing irritants and allergies to the home owners even with their HEPA Filters. There is always a way to install vents in the ceiling and your health should demand it.
Great information. Thank you
How do you know if a company will have a trucker come put it on your land?
Thank you:)) This is so helpful as a New Yorker who wants to buy actual property in LA versus renting! I see there are a few trailer parks by Burbank that seem safe and big and cheaper than rent
I’m glad you found it helpful. Thanks for watching.
Thank so much
How do you determine the value of a mobile home?
Can u rent a mobile home like a lease
I heard their extras like you need skirting to help with insulation. An other things like that.
It has been my experience that the biggest problem mobile homes have is the use of "particle board" subflooring. It wouldn't cost that much more for manufacturers to use treated plywood for subflooring. For bathrooms and kitchens where the risk of water damage is greatest, I would go further and add a layer of cement fiber backer board or fiberglass reenforced panel. A close second issue is "Masonite" type siding. I wouldn't want anything less than a good quality treated plywood siding. Cheap plumbing, particle board subflooring, and Masonite type siding are the three issues that reduce the lifespan, livability, and resale value of mobile homes.
I have. And the problems I noted have been brought up by most people who have owned mobile homes. Masonite siding (and similar products,) are problematic even when used on stick built conventional houses.) The wetter the environment (including high humidity) the faster Masonite siding deteriorates. While most manufacturers will say that this type of siding is good for fifteen or more years, in areas that receive lots of rain, that product lifespan is overly optimistic. I once owned a partial brick veneer duplex that had such siding, which started failing after only five years.
I've seen the sort used by many mobile home manufacturers begin showing signs of deterioration after only a couple of years. If you can't afford good quality treated plywood siding, at least try to get a quality OSB siding. If they use anything less than PEX plumbing with quality fixtures, you will have problems with your plumbing. Of course, usually you have to settle for what the manufacturer used, which is usually the cheapest material they could buy, so you don't often have a choice. I can't emphasize enough how much I detest particle board and MDF. I hate seeing it used for cabinetry and I think it should be banned for use as subflooring in mobile homes. If it gets wet or even experiences prolonged exposure to high levels of humidity, it will swell and crumble.
How do i find lenders for it because i can't find any near me
Kristina Smallhorn well i made that mistake already because i thought a 750 credit score at my age was good. Apparently i was wrong. I talked to all the credit unions near me and no one lends for manufactured homes. I know i can afford 90,000 for a regular house so i went for a 49,000 mobile home .
I started see you video two days ago I would like to buy straight mobile home with porch obviously I will like to be very high and hide I don't want it in the ground I wanted very height like the one you show right now in case of water flow I would like two rooms one bathroom where can I go and see it in person I live in New Jersey can you please you look very trusting and honest when you talk and this is my first time and I don't want to make mistakes and somebody take advantage of things I don't know about mobile homes where can I go a trust dealer in New Jersey thank you God bless you
Another great and informative video Kristina! I wish you would be working in the Ozarks!
What's the oldest preowned home in decent shape you think would be a safe bet for quality of build?
Not sure about the US but up in Canada I couldn’t go any older than 1994.
Look for a Marlette. There are several by me that are still in fine shape at over sixty years old.
great tips!
I have the opportunity to buy land in a mobile home park, I have to put a home no older than 5 yrs old it. I’m thinking about buying new and reselling, renting, or seller financing. I’m hoping to make a profit. How does that sound? Do have any tips? Appreciate your video!! Great job!!
Kristina Smallhorn I understand what your saying but land outside of the park are up to 10x the price. This park doesn’t have property management. Just standard rules for the type of home to put on the lot. It’s more like a subdivision. I’ll Double check the rules
Oh please do not buy mobile homes expecting a return on your money.... Not only is the renting business tough but your renters will destroy a mobile home in 5 years ! Not to mention your Depreciation !!!!
Can you have a second storey on a mobile home? I've seen two storey modular homes and sheds, but what about mobile homes?
@@KristinaSmallhorn What about a basement?
@@KristinaSmallhorn A basement that's partly above ground is better described as a lower ground floor
@@KristinaSmallhorn I have seen park models with lofts, and park models are essentially mobile homes.
@@KristinaSmallhorn The construction of the basement you are describing needs to be built for the load just as if a stick built is built over it. I am an engineer so this comes to mind. It can be done. A basement can be poured concrete, concrete block, or brick. Consider drainage from outside of the foundation walls and drainage from inside also. My advice about basements is to ALWAYS have gravity drainage of a basement and never depend on a sump pump-power loss when electricity goes down(saw it happen to a neighbor in Michigan).
New subscriber here, love you advises on buying mobile 🏠
thank you wish you were in CT!
@@KristinaSmallhorn ..nice great places to eat to in mass...i will be watching your posts im in the market as most of my money went to sick parents...but happy it went to them!
@@KristinaSmallhorn will keep them both in my prayers for real!
How’d I go from Minecraft to buying mobile homes??
Straight in to “lender” why not save up and buy it
Not everyone has the ability to save that kind of money at one time. Smaller payments make it easier for them and they won't be wasting their money on renting.