They don't appreciate in a trailer park where I'm from however they are relatively low below $100,000 I found one the other day for 50,000 so if you think about it if you were to pay $1,200 a month for 5 years you have it paid off and then you would only be dealing with a lot fee better the deal with a lot fee then deal with a 25 year mortgage at the end of the day what really matters is how quick can you have your principal paid in my opinion
Mobile homes today are not “cheap” and “trashy.” My double wide is huge, beautiful inside and out, and my mortgage is $1,100 (including lot rent) per month. We also keep our landscaping beautiful. Most double wides now have similar mortgages. There are of course run down mobile homes, but there are also many run down trashy regular homes and apartments.
I’ve seen mobile homes increase in value. I was a Realtor. You are right, it has to do with the market, land and location. I would purchase a used home, as you did, however. I would not get involved in a big huge loan that the mobile home industry gets people involved with. Use your own lender.
We have actually been looking into reposed and "scratch & dent" models. In alot of ways I think that would be better then remodeling the 79 model we have that the prev owners let go quite a bit. 1 thing though with these older models are the ventilation...that is the 1st thing anyone buying an older one to remodel needs to do is make adequate ventilation underneath the house...thats where your mold & mildew cones in and it is not pretty
1995 1300 sq ft doublewide on an acre. Purchased for $24k cash in 2000. Now worth $100+. Property taxes below $200 a year. That's $100k in equity, while living mortgage free. I'd never go back.
I was thinking, when growing up in my family of 5 as a child we lived in a 900 square foot home and never gave it a second thought (My brother still lives in the home today he is 64)
I live in a 2006 3 bed mobile home here in Wicklow Ireland. I love it. What's the point in paying for a mortgage for most of your life on a site built home. Mine is 35 feet long by 12 feet wide.
I think the depreciation is relative to where the home is located and to what stickbuilt homes are available at that time. Where I am in east TN, the manufactured homes are way better value than stick built because they are newer and the stickbuilt homes are ancient. Even remodeled there are still foundation and roof issues these older homes have that manufactured homes do not.
Manufactured homes are like everything else. You get what you pay for. I’ve lived in one for 40 years, regulations now require better material be used to build them now.
I agree. You can find homes that use the same 1/2" thick drywall as well as real 2x4 studs 16" on center if you want. But most still use 3/8" dry wall and 24" on center studs that are smaller then 2x4 standard studs you would pick up at a Lowes. Unless you upgrade the house, you get single glazed windows and minimal insulation. As for the HVAC, they always seem to use the cheapest of the cheap. Read, Coleman. Coleman HVAC work but good luck getting parts if your AC fails. Here's an example I dealt with. A home on the lot I was looking at was $79K for a 2100 foot double wide. I decided to order one with an upgraded window and insulation package and it cost me an extra $9,000. But, I have vinyl clad double glazed windows, a 36" steel exterior front door and an upgraded heat pump HVAC system. In comparison to a slightly smaller standard manufactured home near me, my utility bills are literally half what his are. As for the interior, again you get what you pay for. The kitchen and flooring in a site built house that sells for around $225K in my area is far superior to what is in a $90K mobil home. But, for around another $10,000 to $12,000 I could upgrade my kitchen and flooring to be the equal of that $225K Site built house. Modern manufactured housing has come a long way. But it is still not perfect. The biggest upgrades I made to mine were to replace the dying Coleman HVAC with a Traine system and to install a standing seam metal roof to replace those crappy asphalt shingles. And, living in Florida, the most important upgrade, a 22kw Generac stand by generator with a 500 gallon LPg tank.
I live in a 1999 skyline doublewide on 6.64 acres. We have been debt free since 2015 including home & land. My Mobile homes has depreciate. My home has a title like a car. I got it from the DMV (Dept of Motor Vehicles) It is harder to find home Insurance for older mobile homes that will pay the purchased price instead of the depreciated price if your home is damaged. Check your insurance, you want replacement value in case something happens instead of depreciate value. Manufactured homes electrical wires are connected together all in one. Unlike stick built homes that are wired by rooms. If one room has an electrical fire, you have a better chance to extinguish the fire to that one room. With a mobile home, the entire house will light up because everything in connected together. I have friends that rewired their mobile homes. Don't get me wrong, some of these newer Mobile homes are beautiful, but in the state of Maryland, they consider Mobile homes a trailer. That is just a fact here. If we lived in a stick built home right now, we would not be debt free. I am happy being in a Mobile home and being debt free. But there's a price to pay for that too.
These are excellent points. Thank you for posting this. You are correct in what you said, and some of it is in my notes to bring up in another video. I love how you talked about choosing to live debt free in your manufactured home, rather than having debt in a stick home. That's a choice many people are making these days, and I applaud you for it! I will make note of your post and be sure to address it in a video soon! Thank you!
I live in Maryland & I have a policy with state farm insurance. My home is almost 20 years old. My sister had the same insurance and her home's about 30 years old and they cancelled her insurance 4 years ago because state farm would no longer cover mobile homes that were built before 1998? (I'm guessing the year, but trying to make a point) She found another insurer, but they cancelled her too a couple years later. The only insurance she could get now is for depreciate value without paying an arm & a leg. I know what the future holds for us. As our home ages State farm will rewrite their policy and we will get cancelled eventually. It's just how it is down where I live. But we're debt free.
In 2017 I paid $135K for my 1976 doublewide mobile home which sits on a 2/3 acre piece of property because I didn't want a mortgage after I retired. It is located on the edge of a forest in the PNW and across the road from waterfront homes. I am a seven-minute walk to a beach where I can beachcomb, kayak, picnic or just hang out and take in the natural beauty. The property has been well taken care of by both myself and the two former owners. It is now valued at more than $185K. I would say that it was a good investment.
Stephanie Jones thank you for that info , my husband and I own a double wide and are thinking of buying land to stop paying rent but I asked the manager of the community where I live she said that they do not go up in value and that made us confused me but with your experience I think I am going to keep looking for lot
We bought a 4 bedroom modular 14 years ago when we got married because we knew we wanted a large family and it was the best way to get a lot of square footage for a low price. We have 6 kids now and we still love our home 14 years later. There are people our age who have smaller stick built homes and are eyeballs deep in debt. I wouldn't change a thing!
i have finally gotten my husband to see this is a better option, 12 years later lol. i am a country girl and he is from the city. we will be moving to the country, to a 5 bedroom, on acres at the top of the year. our sons cant wait. 😊
so this video is spot on i have a mobile home an if your wondering how long they last well mine is now 51 years old an still going strong. i love this home an my bills are low ,an there is alot of original cabinets an all still here.
I have a 43 year old in NH in a park. I have to redo almost the whole thing lol, but it’s still standing and survived it’s 43 rd winter and frost heave season. It’ll be brand new when I’m done in 12-24 months and I will have less than $30k in purchase, lawyers, and materials/ labor price
Our family also downsized into a mobile home about a year ago and we love it!!! We are still doing some home reapairs but we should be done this summer!!! Super excited!!! Cant wait to see more of your videos!
I didn’t even watch the whole video, just the opening. People think I’m crazy cause I don’t want a 3000 sq foot house on acres to pay the banksters and city for the rest of my life! Live your life son!!!!!!!!!
I'm looking forward and seriously considering a manufacturer home. I'm just starting my research and plan on selling my home and all its contents so that i can have a fresh start. Thank you for making this video, answered some of my concerns. New subby here 👍
Manufactured homes are not built as well as site-built homes. The Richard Sparrow House has been standing 379 years. Do you not think build quality has played a role in that? Meteorologist *and* Civil Engineer Tim Marshall has said he thinks storm shelters should be sold as a standard for mobile homes. Why do you think that is?
Come on man. No matter how you twist it, the mobile home itself, will lose value. They are considered personal property. Banks don’t want to give loans on used depreciating mobile homes. They are cheap living if you can buy used and with cash. Just don’t get stuck in a park where lot rents are always increasing. I see them as good used starter homes paid for with cash and end of life homes. Never buy new.
As a recently retired single man I did a little research and would be very happy in a manufactured home. However I am convinced living in a mobile home park is a losing proposition ... the owners of the land can and will increase the rent. I would only consider living in one if I owned the land and don't have to deal with trailer park managers.
Well I have lived in MHC'S since 1990 make sure you want too move in one though I have lived in quite a few and too me I rather rent a house the lot rents go up people cause trouble a s dealing in drugs coming in them speeding and the owner sits there and doesn't do one thing why cause he is getting money the lot rents have went up 3 times since I moved in here almost 5 years ago next spring we are moving out of here. The water is unsafe to drink too the state needs too shut him down he is paying them off. I am serious best one to get is on lot by it's self.
Not sure anyone wants to live in a mobile home though. For a true long lasting house a good 1960s home will still be in great shape in 2060! Problem with the 1960s houses the trends are changing fast and old standards like 8 foot ceilings and floor plans.
Don't buy one in a privatized park lot rent goes up every year not worth it.you pay rent and have to pay for all repairs that are needed like roofing, electrical. All so now you get mortgage, lot rent and repairs.
I have a 16x70 Shultz single wide. Love it! We like mobile home living because we can relocate to a different park when we get tired of same old scenery. We've had our mobile home moved twice now. We live in Ohio....we also have MOTOR VEHICLE TITLES for mobile home's too.
Brian, you're one of a handful of people I've heard from that move their single wide around! That's awesome!! Do you pull it yourself, or hire that out? Ours is very similar to a motor vehicle title. Same process, and they even give us the year decal for the tag! Ours is considered "attached" however, for county tax purposes. Thanks for posting!
Our Journey To Bliss. Ohio mobile/manufactured homes have motor vehicle titles, as well. Although.. Ohio does not TAG them. Only RV/TRAVEL TRAILER. Keep in mind... anytime you move/relocate, a mobile home. it must be a licensed/bonded, mobile home (mover). It's a NATIONAL MANUFACTURED HOME LAW! It can cost around 5-6 thousand to move these big boys now a days..lol the new manufactured home laws/codes, went into effect in 2006. Look them up sometime. It's pretty informative. Your place looks great btw!
Mine has 2x2 walls with no insulation and i can push on an outer wall and the whole thing flexes. So much cheaper, however mine is also built in 64 and i am remodeling.
What is your perspective on rent to own mobile homes? I'm looking to do that because I have made some bad decisions in life and my husband and I are not in the position to buy but we are tired of renting expensive apartments with many many rules. Plus it's harder to save for a home when spending $1200+ for rent. We hope to one day own a home before we reach our golden years. Lol.
Thanks for video. I want to buy mobil home too but everybody around me say that I will pay hundreds of electrìcity,water and other bills. May I ask how much you pay for water and electricity? Do you use Gas as well or just Electricity?.Thanks
We pay significantly less in our mobile home than our previous site built home. Granted, our previous home was much larger than our current home. There are several factors to take into consideration, like location and the age of the home. If you're living in the north east and buying a 1970 mobile home, you will probably be paying a lot to keep it heated in winter, etc. But for the typical mobile home, you should not expect to pay any more for utilities than you would for a traditional site built home, especially with newer ones. We have both gas and electric. Hope this answers your questions!
I was told they aren't belt with heavy Lumber like a site built home. These is because it has to be under a certified weight limit when moving on roads and going to weigh stations.
Justice H This will depend on the size of mobile/manufactured home and whether you're buying it used or new. Larger manufactured homes are sometimes transported in two pieces and attached together on site to a foundation as well as eschother. They are built on "skids" instead of a metal trailer with wheels. In the case of a mobile home (on wheels) that can be true. The thing you have to keep in mind is that the company that transports the home already has an oversized load permit which allows them to be over weight and have larger dimensions. During transport they have an assigned route the driver has to take and also a police escort or two depending on the state laws. As far as the trailer holding the weight of the home itself, you do have a point. Right now I live in a 1950s mobile home and the wall construction is done with 2x2s instead of 2x4s. I'm not sure if this was done to save money or to save weight but it is unsettling. I believe new mobile and manufactured homes are built to HUD standards which should mean 2x4s, pitched roofs, and a minimum r-value based on where you live.
Justice H the manufacturer homes in my location are built better than some site built homes . For example a big home builder in our area only use 2x4 for walls . the new manufactured homes I looked at were all 2x6 construction.
My 1998 heavily upgraded doublewide depreciated. It is on 1.74 acres. I know this because we just got it appraised. It cost $74,000 to get the land, mobile and utilities all set up back in 1998, and it appraised for 70,000 just last year. On top of that the bank would only loan us 80% of the appraised value because it is a manufactured home. We got it refinanced to lower the interest rate.
Thank you for sharing this. It's very common to see depreciated values in manufactured homes, and a lot of the time it will come down to condition and location. I'm sorry yours depreciated. We have heard from many people with the same story. One upside is that no matter the appraisal value, because banks have difficulty lending on manufactured homes for a variety of reasons (which we'll address in a future video) if you ever do sell you could get more than the appraisal value. Appraisals often have strict criteria, and are a day-of value estimate. Keep your eye on your local home market. We've heard from people who sold their manufactured homes for over $20k more than the appraisal because of their location, and school district they were in. Thank you for sharing! These are very good points we will bring up in the future.
the fire myth is that manufactured homes BURN FASTER. this is changing with all the new homes as sheetrock has replaced wood paneling and 3/8' has given way to 1/2" sheetrock walls., the new home are just as safe as a site built home now... but yours, 198?? wood paneling...Yikes!
Not only that but it's the older o e with tin roofs prone to fire as some the wiring was ran over the trusses and under the tin and could arc after enough wear igniting the already small enough trusses that were used bit I believe HUD changed a lot of tht
What about tornadoes? My home was built in 1920 almost 100 years old. Been updated and taking care of. I believe its all what a person wants. My mom and dad started in a trailer. Around here you might want some country land. Cant have one in my town on private lot. There are some really nice trailers out there i must say.
Hey! I commented awhile ago about my manufactured home not selling because of bad marketing- well, it’s been mostly remodeled since before it went on the market and we listed it again in December on a Thursday afternoon, people set up showing for Friday Saturday and Sunday. Saturday morning the first of several offers came and and we accepted full asking Sunday evening. We will be closing this month but due to an error by the appraiser (luckily both realtors, mine and the buyers were appraisers) things hit a snag but the realtors caught it and got the ball rolling to amend it. They both knew the value of my home and land (and it was already an amazing price with what’s sold on my street) so soon enough it should be a happy ending for all involved!
This is great!! Thank you for sharing this! Realtors that know the area, in conjunction with appraisers that are knowledgeable with manufactured homes, makes a HUGE difference when selling, OR buying!! We are SO happy for you!! Keep us updated!
Another thing mobile homes do well with is earthquakes. block homes just shatter where Mobil homes are designed to go over the road for delivery. I'm in a double wide and a hurricane with 85mph winds did no damage. This home was built in 1985. Very comfortable and easy upkeep.
Mobile homes are fine just stay out of trailer parks in 1998 my buddy bought a two-year-old mobile home with his wife for $18,000 plus interest lot rent was $198 a month with the trailer payment through the park cuz they did the financing it was like $650 a month not too bad it was a 15 year loan only problem is lot rent kept going up by the time he had it paid off his lot rent was $440 a month and he sold the mobile home for $5,000 in 2013 now and 2019 the lot rent in that trailer park is 460 a month and the neighborhood has declined really bad there's a drug dealer on every block and it looks like nobody's done anything to their trailers in 20 years it looks really bad just like the trailer park out of the TV show The Trailer Park Boys and if you want to move out of that trailer park and move the trailer since it's paid off it'll cost you about five grand just to move it then you got to buy land because it's over 10 years old no other trailer parks will accept it
What exactly is the; “ I want a tiny home 🏡 that costs as much as a full-size home. But unwilling to move into a mobile 🏠 home??? Space space space. “Ignorance is expensive”
I own a single wide mobile home. That being said, Mobile/modular home are trailers. They depreciate the second it is driven off the lot. They are built with the cheapest materials. The first time you go to replace something example a bathroom faucet was my first thing, You tend to find trouble getting the parts you need due to not being the same as a house. The quality is no near the same as a stick built house. A major problem with mobile homes no matter how nice it looks is zoning. some cities are strait up banning of mobile homes, and you are finding more every year doing so. It doesn't matter even if you spend 175k and it looks like a mansion. Mobiles homes are also thrown together quickly. If you buy a new one, You need to double check EVERYTHING!! My neighbor bought a new one, went to turn on his water ann most his water lines leaked. Yes the company he bought through fixed it but it was a two week job. And OMG the wiring! This is food for thought for anyone before buying a Mobile home.
Thank you so much for this video we'll be closing on a manufactured next week even though some how i still can't make pace with it, i guess is a fear of loosing money and also the stigma associated with living in a manufactured. Does it stay cold in summer, i heard manufactured are notorious for not keeping cold/heat very well. Any how, what would you recommend on regular maintenance and up keep. Thanks in advance and have a great day.
Regarding the stigma, don't concern yourself with that! People will think that they want to think, and it's difficult to change their opinion. We have been faced with that quite a bit. Just invite them over to see for themselves, as their opinion is usually originating from a misconceived idea. Yes, our mobile home stays very cool in the summer, and very warm in the winter. The money issue, as I spoke about in this video, varies from home to home. Not sure what the financial situation is for your home, but yes, routine upkeep will help it retain value. Mobile home maintenance is similar to site built home maintenance, except for a few other things like checking for level and checking the skirting. Check with your home's manufacturer, or Google maintenance tips for your type of mobile home. There are plenty of sites offering good tips for maintenance. Hope this helps, and let us know if you have any other questions! Don't be nervous, as I'm sure you will love your new home!
sernani99 We live in a manufactured home and have for 13 years now. We love ours. We did have a new roof put on it with some material that keeps cold in better and holds heat better. We also had new double pane windows put in through out. Really helps as well..ours was built in 93 and is a comfortable and affordable way to live. We were reluctant at first..now we love it!
Oh and I paid short money for mine. It’s a 76 sitting on soil. Gotta gut it and put new wood and everything in. So mines 43 with very lack of maintenance in a snow and wind zone and still standing
We are in a mixed community. Some big homes to manufactured homes, and everything in between. Everyone sits on anywhere from 1/2 acre to 5 acres lots. We are not in the country, but we are removed from the city. Our manufactured home and lot backs up to a city green belt, and on the other side is a sweet potato farm, surrounded by larger homes. It's a weird area now that I'm reading this myself. So it's not the country, but it tends to feel like it is. Thanks for posting!!
Our family did the same thing, we downsized as empty nesters. We wish we had done it SOONER. We own it outright after selling our large site built home. Our life has become so much simpler and enjoyable. We live in a great park, safer than where our house was, pool, game room etc... Thank you for spreading the word!
You are spot on and correct! Live with quality and not quantity. My brother and I moved from a 3k sq ft 4 brd/3bath ranch to a 3 brd/2bath completely remodeled 1986 single wide to down size and relocate. My brother has his daughter, my niece, every other week and we have plenty of room. We have real hardwood floors, new kitchen and baths, walls etc. It was gutted and rebuilt. It is gorgeous and VERY energy efficient. I love it!
I bought a lot, basically, the owner thought the mobile home was beyond repair...its fine with good bones. Its an 83 and they are built substandard to conventional homes.
I like what you two are doing. And dispelling myths about manufactured homes is great. I have one on the market right now that was poorly marketed and didn’t sell. On ten beautiful acres with some remodeling done recently. She didn’t know how to sell it so basically wrote it up as a temporary home someone could live in while they build the “real” home for the property 🧐 Thank you again. Hopefully some of your videos take off and people start to understand it’s a perfectly acceptable home :)
Thank you for commenting! There are just too many myths about manufactured homes, and people don’t realize how comfortable AND practical they really are. Sorry about your realtor experience. We love realtors, and when you find one who knows what they’re doing, they’re worth their weight in... gold, escrow, closing costs??? Haha, not sure, but they ARE important and keep trying to find one who can market yours effectively!! Please keep us updated!
I don't get the connection between quality construction and stolen materials? Do you mean that because building materials can be robbed the quality of the work or the quality of the materials become inferior ?
If you are going to live in a manufactured home in tornado-prone areas, you need to invest in a tornado shelter. The same is true in a site-built home, it's just a part of the cost of living...
These are true generally for manufactured homes built from the 80's on. The main difference between a manufactured home and its stick built brethren is the roof. Manufactured homes generally have lighter, spindlier roof frames, which work fine for supporting the roof load, but leave absolutely no wiggle room for any future wood rot. This is why so often the oldest surviving manufactured homes have been over-roofed (second roof installed over the first), to extend their useful life. A little rot, and your truss is shot. In a stick built house it's a little easier to fix. The other common issue with manufactured homes is the subfloor. If the subfloor is particle board, it doesn't just rot, it disintegrates into goo. The better quality builders will have OSB subfloors, just like most stick built homes. All manufacturers generally offer different build quality levels, be sure to get one of the mid or higher grades for fixtures, cabinets, and carpet if you don't want to replace everything in the house in five years. Pay attention to how the doorknobs and faucet handles feel. The other thing to watch for is that older manufactured homes especially, use fixtures sized for manufactured homes, and you can't get ready replacements at Home Depot (and the direct replacements you can get are super expensive). The biggest culprits here are the short bathtubs, short exterior doors (especially sliding glass doors) and narrow interior doors. Newer units move away from this to more standard size parts.
im in a 1980's rollohome, while its nice i do see some things that make it different and may be a problem for some, the outer walls use a masonite/hardboard (feels like cardboard) walls that are hard to properly anchor, so far only toggle bolts seem to work well, most other drywall anchors spin and tear out with little force. it also does not like mosture (bathroom wall is really soft) although all the inner walls are standard drywall. studs are also not your standard 16 on center, and dont appear to be 2x4. but i will say even in hard winds i dont feel really any movement in the home.
Fabulous video. I just bought my mobile after selling my home out of state. I couldn't agree more about living more and spending less! Great job and thanks for dispelling some of those old myths! ;)
I am currently looking to downsize and move to the only mobile home park in our area... you would be surprised at the prices. Not cheap but cheaper for our area. I would rather that than live in an apartment or totally attached to someone else for way more money. I am hoping to get the loan. When I do, I will be so excited to start that leg of my journey. Eventually, I am dreaming of a manufactured home on Tennessee land but I need to stay here at my current job for at least a couple of more years to get there. Thanks for the video! 👍
We bought our mobile home used. We have done some upgrading in it and we are looking to sell, nearly thirteen years later, for what we paid for it. We could have never expected that had we bought the mobile home new. We've walked through several and they are beautiful, but I don't feel that a new mobile home is ever a wise investment.
Not knocking your house at all, because you've bought it used just like we did, and you put extra work into it to update and make it yours. I think used mobile homes are a great solution for those looking to save some money. And the older ones really with some simple upgrades can resell at a profit. There is a business in my area that buys used mobile homes, moves them to their lot, upgrades them, and resells. I think it's a brilliant business plan.
Thanks for sharing, Katie!! And yes, buying a new mobile home is a risky investment, especially since you have to consider paying for a location to put it, transport, placement, anchoring, attachment to utilities, and more... The price for a new manufactured home is just the first bill in line with the others. Some do appreciate, many do depreciate. Condition and location play huge roles!
Great video! Good information. My husband & I are considering purchasing a mobile home. We live in a single-wide now but rent. We have seen so many mobile homes with land for sale really cheap. Wishing you & your family many blessings!
We purchased a Doral 1988 16x76 in 2015. We live in a mobile home park which influences many of the things you discussed. It has a large attached two car garage and 2-car car port. It was well maintained and remodeled at some point from a 2 bedroom to a 3. We love our home and have no regrets. That said, I must disagree with the quality. We previously owned stick built (1960’s) home. The materials used to build that home were far superior to our current. The interior walls are paper thin in our mobile home. Everything is fake wood or plastic sinks. We are slowly changing this out along with rewiring since we have no electrical boxes. A lot of this is due to the year of our home and has gotten better with the newer ones. We purchased our home for 29,900 and it recently appraised the same. My husband is handy and therefore this was an option for us to help us on our debt free journey:)
Thank you for sharing this! And I agree. The newer manufactured homes are getting better and better. You have pointed out some good talking points, along with others in these comments, that I definitely need to discuss in upcoming videos. Our home is a 1985 Solitaire, and it needed, and still needs a lot of work. It seems to be the same with manufactured homes, as it is with stick homes. You get what you pay for...
Sally May I agree about quality. I live in Oklahoma and in this area (and states around me), Solitaire brand homes are considered top of the line. No vinyl walls and no plastic; everything is solid wood. I was told that Solitaires are heavier due to this fact and would withstand strong winds better. I love my home, which is in a park also.
just went thru both Hud/mobile/manufactured AND modular-manufactured homes from the same vendor and I'd NEVER buy the former but feel the latter is OK. Hud/mobile/manufactured homes seemed 'cheap' compared to their modular brethren in the same lot. The Hud/mobile/manuf. homes did not have dry wall but cheap looking panel walls...whereas the modular had drywall covering 2x6 studs. BIG DIFFERENCE in look and feel. I've also seen mobile homes from 2011 that didn't age well. Sorry, HUD codes are basic for how to consistently build SAFE mobile homes typical of trailer parks. Go see the difference for yourself. Modular-manufactured homes cost about $25k more than a Hud/mobile/manufactured homes for a good reason...they're better made, perhaps even better made than stick built.
Not true. Manufactured homes use the cheapest materials and do not last as long with normal wear and tear as a stick-built home. I've lived in both, so I know.
We have lived in many mobile homes of all different ages, our newest one that was a 1995 and was brand new. We had to pull up flooring and subfloor in laundry room because of a leak from back door that we were unaware of and repair it before we sold it, framing was a hodge podge of scrap lumber. We were so surprised, but we loved that home and the others we have owned and are currently living in a 1990 doublewide and in the process of buying a 1975 mobile in our plan to downsize and get debt free.
I got a 95 fleetwood and it’s been a nice sturdy mobile home I found my home on Facebook for sale $7800 and the entire inside has been redone I have had many compliments on it. And one day I cannot wait to be debt free which will be in about 4 years if the Good Lord willin. I just wish that these mobile home manufacturers would have used house wrap underneath the aluminum siding it would have made life better as well as made the home last longer in my opinion. The only large expense we have had to do is the outside and inside heating and air unit when we had our first born. Bout $4000. but my grandma gave me the land and I paid for the well and my grandma paid for the septic. Yea I know I’m blessed. Lol thank God! And I have many people say I wish I had a mobile home out on some land instead of in this rent agreement or in a large home mortgage.
I plan to buy one within the next year or so in the $25,000 ish range. No 35 yr. Mortgage ball and chain for me.
Your music is to loud
They don't appreciate in a trailer park where I'm from however they are relatively low below $100,000 I found one the other day for 50,000 so if you think about it if you were to pay $1,200 a month for 5 years you have it paid off and then you would only be dealing with a lot fee better the deal with a lot fee then deal with a 25 year mortgage at the end of the day what really matters is how quick can you have your principal paid in my opinion
Mobile homes today are not “cheap” and “trashy.” My double wide is huge, beautiful inside and out, and my mortgage is $1,100 (including lot rent) per month. We also keep our landscaping beautiful. Most double wides now have similar mortgages. There are of course run down mobile homes, but there are also many run down trashy regular homes and apartments.
I’ve seen mobile homes increase in value. I was a Realtor. You are right, it has to do with the market, land and location. I would purchase a used home, as you did, however. I would not get involved in a big huge loan that the mobile home industry gets people involved with. Use your own lender.
We have actually been looking into reposed and "scratch & dent" models. In alot of ways I think that would be better then remodeling the 79 model we have that the prev owners let go quite a bit. 1 thing though with these older models are the ventilation...that is the 1st thing anyone buying an older one to remodel needs to do is make adequate ventilation underneath the house...thats where your mold & mildew cones in and it is not pretty
1995 1300 sq ft doublewide on an acre. Purchased for $24k cash in 2000. Now worth $100+. Property taxes below $200 a year. That's $100k in equity, while living mortgage free. I'd never go back.
I think that is more of an exception rather than the rule. I've seen national statistics that suggest the opposite.
Spend less to live more. Beautiful motto. I wish more people would open their eyes and act that way instead of falling for materialism.
Agreed! Thanks for commenting, Brandon!
I was thinking, when growing up in my family of 5 as a child we lived in a 900 square foot home and never gave it a second thought (My brother still lives in the home today he is 64)
I live in a 2006 3 bed mobile home here in Wicklow Ireland. I love it. What's the point in paying for a mortgage for most of your life on a site built home. Mine is 35 feet long by 12 feet wide.
I think the depreciation is relative to where the home is located and to what stickbuilt homes are available at that time. Where I am in east TN, the manufactured homes are way better value than stick built because they are newer and the stickbuilt homes are ancient. Even remodeled there are still foundation and roof issues these older homes have that manufactured homes do not.
Fred, thanks for commenting! Your points are spot on! Thanks for adding them!
Manufactured homes are like everything else. You get what you pay for. I’ve lived in one for 40 years, regulations now require better material be used to build them now.
I agree. You can find homes that use the same 1/2" thick drywall as well as real 2x4
studs 16" on center if you want. But most still use 3/8" dry wall and
24" on center studs that are smaller then 2x4 standard studs you would
pick up at a Lowes. Unless you upgrade the house, you get single glazed windows and
minimal insulation. As for the HVAC, they always seem to use the cheapest of the cheap.
Read, Coleman. Coleman HVAC work but good luck getting parts if your AC fails.
Here's an example I dealt with. A home on the lot I was looking at was $79K for a 2100 foot
double wide. I decided to order one with an upgraded window and insulation package and
it cost me an extra $9,000. But, I have vinyl clad double glazed windows, a 36" steel
exterior front door and an upgraded heat pump HVAC system. In comparison to
a slightly smaller standard manufactured home near me, my utility bills are literally half what his are.
As for the interior, again you get what you pay for. The kitchen and flooring
in a site built house that sells for around $225K in my area is far superior to
what is in a $90K mobil home. But, for around another $10,000 to $12,000 I could
upgrade my kitchen and flooring to be the equal of that $225K Site built house.
Modern manufactured housing has come a long way. But it is still not perfect.
The biggest upgrades I made to mine were to replace the dying Coleman HVAC with
a Traine system and to install a standing seam metal roof to replace those crappy
asphalt shingles. And, living in Florida, the most important upgrade, a 22kw Generac stand by generator
with a 500 gallon LPg tank.
Where u live?
I live in a 1999 skyline doublewide on 6.64 acres. We have been debt free since 2015 including home & land. My Mobile homes has depreciate. My home has a title like a car. I got it from the DMV (Dept of Motor Vehicles) It is harder to find home Insurance for older mobile homes that will pay the purchased price instead of the depreciated price if your home is damaged. Check your insurance, you want replacement value in case something happens instead of depreciate value. Manufactured homes electrical wires are connected together all in one. Unlike stick built homes that are wired by rooms. If one room has an electrical fire, you have a better chance to extinguish the fire to that one room. With a mobile home, the entire house will light up because everything in connected together. I have friends that rewired their mobile homes. Don't get me wrong, some of these newer Mobile homes are beautiful, but in the state of Maryland, they consider Mobile homes a trailer. That is just a fact here. If we lived in a stick built home right now, we would not be debt free. I am happy being in a Mobile home and being debt free. But there's a price to pay for that too.
These are excellent points. Thank you for posting this. You are correct in what you said, and some of it is in my notes to bring up in another video. I love how you talked about choosing to live debt free in your manufactured home, rather than having debt in a stick home. That's a choice many people are making these days, and I applaud you for it! I will make note of your post and be sure to address it in a video soon! Thank you!
3Birds1Nerd May I have more info on " Land purchasing ", please.
I am in Philly.
Thanks!
I'll get to work on that video very soon!
Oh, that is a great point! Get insurance to cover "replacement value"! I believe my policy pays out over $200,000 for a total loss.
I live in Maryland & I have a policy with state farm insurance. My home is almost 20 years old. My sister had the same insurance and her home's about 30 years old and they cancelled her insurance 4 years ago because state farm would no longer cover mobile homes that were built before 1998? (I'm guessing the year, but trying to make a point) She found another insurer, but they cancelled her too a couple years later. The only insurance she could get now is for depreciate value without paying an arm & a leg. I know what the future holds for us. As our home ages State farm will rewrite their policy and we will get cancelled eventually. It's just how it is down where I live. But we're debt free.
In 2017 I paid $135K for my 1976 doublewide mobile home which sits on a 2/3 acre piece of property because I didn't want a mortgage after I retired. It is located on the edge of a forest in the PNW and across the road from waterfront homes. I am a seven-minute walk to a beach where I can beachcomb, kayak, picnic or just hang out and take in the natural beauty. The property has been well taken care of by both myself and the two former owners. It is now valued at more than $185K. I would say that it was a good investment.
This is awesome, Stephanie!! Thank you for sharing this!!
Stephanie Jones thank you for that info , my husband and I own a double wide and are thinking of buying land to stop paying rent but I asked the manager of the community where I live she said that they do not go up in value and that made us confused me but with your experience I think I am going to keep looking for lot
What company did you go with for your home?
That seems very expensive for the year and only 2/3 acre?
@@ladygabrielle36 Hi, I'm not sure if you're asking me what real estate company I used or who manufactured my home?
Yes, Please it is to LOUD. 😊
We bought a 4 bedroom modular 14 years ago when we got married because we knew we wanted a large family and it was the best way to get a lot of square footage for a low price. We have 6 kids now and we still love our home 14 years later. There are people our age who have smaller stick built homes and are eyeballs deep in debt. I wouldn't change a thing!
i have finally gotten my husband to see this is a better option, 12 years later lol. i am a country girl and he is from the city. we will be moving to the country, to a 5 bedroom, on acres at the top of the year. our sons cant wait. 😊
so this video is spot on i have a mobile home an if your wondering how long they last well mine is now 51 years old an still going strong. i love this home an my bills are low ,an there is alot of original cabinets an all still here.
Yeah I don't get how people say they don't last, the last one I lived in was 45 years old and still looked good.
I have a 43 year old in NH in a park. I have to redo almost the whole thing lol, but it’s still standing and survived it’s 43 rd winter and frost heave season.
It’ll be brand new when I’m done in 12-24 months and I will have less than $30k in purchase, lawyers, and materials/ labor price
Our family also downsized into a mobile home about a year ago and we love it!!! We are still doing some home reapairs but we should be done this summer!!! Super excited!!! Cant wait to see more of your videos!
Love this! We definitely understand repairs, and still have many to do ourselves! Thanks for posting!
I didn’t even watch the whole video, just the opening. People think I’m crazy cause I don’t want a 3000 sq foot house on acres to pay the banksters and city for the rest of my life! Live your life son!!!!!!!!!
I'm looking forward and seriously considering a manufacturer home. I'm just starting my research and plan on selling my home and all its contents so that i can have a fresh start. Thank you for making this video, answered some of my concerns. New subby here 👍
So glad to read this comment!! Thank you, and good luck on your journey! Keep us updated!!
Manufactured homes are not built as well as site-built homes. The Richard Sparrow House has been standing 379 years. Do you not think build quality has played a role in that? Meteorologist *and* Civil Engineer Tim Marshall has said he thinks storm shelters should be sold as a standard for mobile homes. Why do you think that is?
Come on man. No matter how you twist it, the mobile home itself, will lose value. They are considered personal property. Banks don’t want to give loans on used depreciating mobile homes. They are cheap living if you can buy used and with cash. Just don’t get stuck in a park where lot rents are always increasing. I see them as good used starter homes paid for with cash and end of life homes. Never buy new.
As a recently retired single man I did a little research and would be very happy in a manufactured home. However I am convinced living in a mobile home park is a losing proposition ... the owners of the land can and will increase the rent. I would only consider living in one if I owned the land and don't have to deal with trailer park managers.
Well I have lived in MHC'S since 1990 make sure you want too move in one though I have lived in quite a few and too me I rather rent a house the lot rents go up people cause trouble a s dealing in drugs coming in them speeding and the owner sits there and doesn't do one thing why cause he is getting money the lot rents have went up 3 times since I moved in here almost 5 years ago next spring we are moving out of here. The water is unsafe to drink too the state needs too shut him down he is paying them off. I am serious best one to get is on lot by it's self.
You never mentioned the toxic of gassing from materials used in manufacturing, VOC's!
Not sure anyone wants to live in a mobile home though. For a true long lasting house a good 1960s home will still be in great shape in 2060! Problem with the 1960s houses the trends are changing fast and old standards like 8 foot ceilings and floor plans.
DUDE, that building that fell in your no.1. reason was all rotted wood, of course it's going to fall, it looked like is was on it's way to falling.
Don't buy one in a privatized park lot rent goes up every year not worth it.you pay rent and have to pay for all repairs that are needed like roofing, electrical. All so now you get mortgage, lot rent and repairs.
I have a 16x70 Shultz single wide. Love it! We like mobile home living because we can relocate to a different park when we get tired of same old scenery. We've had our mobile home moved twice now. We live in Ohio....we also have MOTOR VEHICLE TITLES for mobile home's too.
Brian, you're one of a handful of people I've heard from that move their single wide around! That's awesome!! Do you pull it yourself, or hire that out? Ours is very similar to a motor vehicle title. Same process, and they even give us the year decal for the tag! Ours is considered "attached" however, for county tax purposes. Thanks for posting!
Our Journey To Bliss. Ohio mobile/manufactured homes have motor vehicle titles, as well. Although.. Ohio does not TAG them. Only RV/TRAVEL TRAILER.
Keep in mind... anytime you move/relocate, a mobile home. it must be a licensed/bonded, mobile home (mover). It's a NATIONAL MANUFACTURED HOME LAW! It can cost around 5-6 thousand to move these big boys now a days..lol the new manufactured home laws/codes, went into effect in 2006. Look them up sometime. It's pretty informative.
Your place looks great btw!
In Ohio you are looking at about $6,000 to move a mobile home. You can't move it yourself. You have to hire a company to do it.
Mine has 2x2 walls with no insulation and i can push on an outer wall and the whole thing flexes. So much cheaper, however mine is also built in 64 and i am remodeling.
So way do weather alerts tell you to leave mobile homes in severe weather
What is your perspective on rent to own mobile homes? I'm looking to do that because I have made some bad decisions in life and my husband and I are not in the position to buy but we are tired of renting expensive apartments with many many rules. Plus it's harder to save for a home when spending $1200+ for rent. We hope to one day own a home before we reach our golden years. Lol.
We're looking for the RTO option also.
Reality of wind damage from someone who has paid wind claims for 30 years. Manufactured homes do not hold up to wind damage as well.
If you buy used, you won't lose money on the investment.
Thanks for video. I want to buy mobil home too but everybody around me say that I will pay hundreds of electrìcity,water and other bills. May I ask how much you pay for water and electricity? Do you use Gas as well or just Electricity?.Thanks
We pay significantly less in our mobile home than our previous site built home. Granted, our previous home was much larger than our current home. There are several factors to take into consideration, like location and the age of the home. If you're living in the north east and buying a 1970 mobile home, you will probably be paying a lot to keep it heated in winter, etc. But for the typical mobile home, you should not expect to pay any more for utilities than you would for a traditional site built home, especially with newer ones. We have both gas and electric. Hope this answers your questions!
Lyubov Abakumova
Hello, if you don't mind my saying, the Penguino 4 in 1 is great addition for heating or cooling at low cost.
wow l never knew these busts!!
mobile are built like junk no ifs ands or buts
I was told they aren't belt with heavy Lumber like a site built home.
These is because it has to be under a certified weight limit when moving on roads and going to weigh stations.
Justice H This will depend on the size of mobile/manufactured home and whether you're buying it used or new. Larger manufactured homes are sometimes transported in two pieces and attached together on site to a foundation as well as eschother. They are built on "skids" instead of a metal trailer with wheels. In the case of a mobile home (on wheels) that can be true. The thing you have to keep in mind is that the company that transports the home already has an oversized load permit which allows them to be over weight and have larger dimensions. During transport they have an assigned route the driver has to take and also a police escort or two depending on the state laws. As far as the trailer holding the weight of the home itself, you do have a point. Right now I live in a 1950s mobile home and the wall construction is done with 2x2s instead of 2x4s. I'm not sure if this was done to save money or to save weight but it is unsettling. I believe new mobile and manufactured homes are built to HUD standards which should mean 2x4s, pitched roofs, and a minimum r-value based on where you live.
Justice H the manufacturer homes in my location are built better than some site built homes . For example a big home builder in our area only use 2x4 for walls . the new manufactured homes I looked at were all 2x6 construction.
@@hollyd1392 it's mainly the interior walls tht are 1x boards I live in a 1980 with 2x4 exterior and 1x3 interior walls
Great video. It’s great you are educating people about manufactured homes.
Appreciate that, Shane!! Thank you!
Tornados are attracted to mobile homes.
the lot payment is always outrageous
My 1998 heavily upgraded doublewide depreciated. It is on 1.74 acres. I know this because we just got it appraised. It cost $74,000 to get the land, mobile and utilities all set up back in 1998, and it appraised for 70,000 just last year. On top of that the bank would only loan us 80% of the appraised value because it is a manufactured home. We got it refinanced to lower the interest rate.
Thank you for sharing this. It's very common to see depreciated values in manufactured homes, and a lot of the time it will come down to condition and location. I'm sorry yours depreciated. We have heard from many people with the same story. One upside is that no matter the appraisal value, because banks have difficulty lending on manufactured homes for a variety of reasons (which we'll address in a future video) if you ever do sell you could get more than the appraisal value. Appraisals often have strict criteria, and are a day-of value estimate. Keep your eye on your local home market. We've heard from people who sold their manufactured homes for over $20k more than the appraisal because of their location, and school district they were in. Thank you for sharing! These are very good points we will bring up in the future.
Wd love to have a mobilehome back
The stupid music killed the video
If you're going to buy, you buy a real house. Manufactured/mobile homes cons out weight pros.
Yes, but you pay 3-4 times as much for a 'real' house.
Thank you for the video. Do you pay lot rent or do you own the land?
the fire myth is that manufactured homes BURN FASTER. this is changing with all the new homes as sheetrock has replaced wood paneling and 3/8' has given way to 1/2" sheetrock walls., the new home are just as safe as a site built home now... but yours, 198?? wood paneling...Yikes!
Not only that but it's the older o e with tin roofs prone to fire as some the wiring was ran over the trusses and under the tin and could arc after enough wear igniting the already small enough trusses that were used bit I believe HUD changed a lot of tht
Can diabetics eat rice?
What about tornadoes? My home was built in 1920 almost 100 years old. Been updated and taking care of. I believe its all what a person wants. My mom and dad started in a trailer. Around here you might want some country land. Cant have one in my town on private lot. There are some really nice trailers out there i must say.
Thanks for commenting, Jonathon! I address tornadoes in Mobile Home Myths Part 2! Check it out on our channel!
Fab vid, thank you 🤗
Kill the music
Hey! I commented awhile ago about my manufactured home not selling because of bad marketing- well, it’s been mostly remodeled since before it went on the market and we listed it again in December on a Thursday afternoon, people set up showing for Friday Saturday and Sunday. Saturday morning the first of several offers came and and we accepted full asking Sunday evening. We will be closing this month but due to an error by the appraiser (luckily both realtors, mine and the buyers were appraisers) things hit a snag but the realtors caught it and got the ball rolling to amend it. They both knew the value of my home and land (and it was already an amazing price with what’s sold on my street) so soon enough it should be a happy ending for all involved!
This is great!! Thank you for sharing this! Realtors that know the area, in conjunction with appraisers that are knowledgeable with manufactured homes, makes a HUGE difference when selling, OR buying!! We are SO happy for you!! Keep us updated!
Super great video thanks for sharing
I have a mfh . Had to re structure . Foundation floors walls and roof. It's a good solid home now.
You fucking rock!!
What state are you located in?
Oklahoma.
Liar...!
Family of 5??
Another thing mobile homes do well with is earthquakes. block homes just shatter where Mobil homes are designed to go over the road for delivery. I'm in a double wide and a hurricane with 85mph winds did no damage. This home was built in 1985. Very comfortable and easy upkeep.
thank you
Loving the information...keep it coming!! New subby
Mobile homes are fine just stay out of trailer parks in 1998 my buddy bought a two-year-old mobile home with his wife for $18,000 plus interest lot rent was $198 a month with the trailer payment through the park cuz they did the financing it was like $650 a month not too bad it was a 15 year loan only problem is lot rent kept going up by the time he had it paid off his lot rent was $440 a month and he sold the mobile home for $5,000 in 2013 now and 2019 the lot rent in that trailer park is 460 a month and the neighborhood has declined really bad there's a drug dealer on every block and it looks like nobody's done anything to their trailers in 20 years it looks really bad just like the trailer park out of the TV show The Trailer Park Boys and if you want to move out of that trailer park and move the trailer since it's paid off it'll cost you about five grand just to move it then you got to buy land because it's over 10 years old no other trailer parks will accept it
What exactly is the; “ I want a tiny home 🏡 that costs as much as a full-size home. But unwilling to move into a mobile 🏠 home??? Space space space. “Ignorance is expensive”
this is bs
The Intro was perfect and encouraging because that's exactly what me and my fiance want to do. Thank you sir
Very informative information....but why the loud music????
I own a single wide mobile home. That being said, Mobile/modular home are trailers. They depreciate the second it is driven off the lot. They are built with the cheapest materials. The first time you go to replace something example a bathroom faucet was my first thing, You tend to find trouble getting the parts you need due to not being the same as a house. The quality is no near the same as a stick built house. A major problem with mobile homes no matter how nice it looks is zoning. some cities are strait up banning of mobile homes, and you are finding more every year doing so. It doesn't matter even if you spend 175k and it looks like a mansion. Mobiles homes are also thrown together quickly. If you buy a new one, You need to double check EVERYTHING!! My neighbor bought a new one, went to turn on his water ann most his water lines leaked. Yes the company he bought through fixed it but it was a two week job. And OMG the wiring! This is food for thought for anyone before buying a Mobile home.
This video made my day. I’m new and I’m subscribing now!!! ♥️♥️♥️
Great Information Thank you for the Videos looking forward for more!!
Thank you so much for this video we'll be closing on a manufactured next week even though some how i still can't make pace with it, i guess is a fear of loosing money and also the stigma associated with living in a manufactured. Does it stay cold in summer, i heard manufactured are notorious for not keeping cold/heat very well. Any how, what would you recommend on regular maintenance and up keep. Thanks in advance and have a great day.
Regarding the stigma, don't concern yourself with that! People will think that they want to think, and it's difficult to change their opinion. We have been faced with that quite a bit. Just invite them over to see for themselves, as their opinion is usually originating from a misconceived idea. Yes, our mobile home stays very cool in the summer, and very warm in the winter. The money issue, as I spoke about in this video, varies from home to home. Not sure what the financial situation is for your home, but yes, routine upkeep will help it retain value. Mobile home maintenance is similar to site built home maintenance, except for a few other things like checking for level and checking the skirting. Check with your home's manufacturer, or Google maintenance tips for your type of mobile home. There are plenty of sites offering good tips for maintenance. Hope this helps, and let us know if you have any other questions! Don't be nervous, as I'm sure you will love your new home!
sernani99 We live in a manufactured home and have for 13 years now. We love ours. We did have a new roof put on it with some material that keeps cold in better and holds heat better. We also had new double pane windows put in through out. Really helps as well..ours was built in 93 and is a comfortable and affordable way to live. We were reluctant at first..now we love it!
Use a space heater for more heat...use a window mounted AC unit for cool air
Good info. Thank you
Oh and I paid short money for mine. It’s a 76 sitting on soil. Gotta gut it and put new wood and everything in. So mines 43 with very lack of maintenance in a snow and wind zone and still standing
Are you guys in a community or out in the country ?
We are in a mixed community. Some big homes to manufactured homes, and everything in between. Everyone sits on anywhere from
1/2 acre to 5 acres lots. We are not in the country, but we are removed from the city. Our manufactured home and lot backs up to a city green belt, and on the other side is a sweet potato farm, surrounded by larger homes. It's a weird area now that I'm reading this myself. So it's not the country, but it tends to feel like it is. Thanks for posting!!
Our family did the same thing, we downsized as empty nesters. We wish we had done it SOONER. We own it outright after selling our large site built home.
Our life has become so much simpler and enjoyable. We live in a great park, safer than where our house was, pool, game room etc... Thank you for spreading the word!
I rent a brand new mobile. I love it, I have a nicer, better upgrades, and lower rent than apartments in my area. I don't share any walls.
You are spot on and correct! Live with quality and not quantity. My brother and I moved from a 3k sq ft 4 brd/3bath ranch to a 3 brd/2bath completely remodeled 1986 single wide to down size and relocate. My brother has his daughter, my niece, every other week and we have plenty of room. We have real hardwood floors, new kitchen and baths, walls etc. It was gutted and rebuilt. It is gorgeous and VERY energy efficient. I love it!
This is great!! Thank you for sharing this!
Joey Chitwood man do a video of it
Not centered on 16 s and 2x3 studs...it works, but not like standard homes.
I bought a lot, basically, the owner thought the mobile home was beyond repair...its fine with good bones. Its an 83 and they are built substandard to conventional homes.
I like what you two are doing. And dispelling myths about manufactured homes is great. I have one on the market right now that was poorly marketed and didn’t sell. On ten beautiful acres with some remodeling done recently. She didn’t know how to sell it so basically wrote it up as a temporary home someone could live in while they build the “real” home for the property 🧐
Thank you again. Hopefully some of your videos take off and people start to understand it’s a perfectly acceptable home :)
Thank you for commenting! There are just too many myths about manufactured homes, and people don’t realize how comfortable AND practical they really are.
Sorry about your realtor experience. We love realtors, and when you find one who knows what they’re doing, they’re worth their weight in... gold, escrow, closing costs??? Haha, not sure, but they ARE important and keep trying to find one who can market yours effectively!! Please keep us updated!
I don't get the connection between quality construction and stolen materials? Do you mean that because building materials can be robbed the quality of the work or the quality of the materials become inferior ?
It was relating to the overhead costs that could arise from the theft of construction materials.
How high is the light bill,trash etc?
Do you guys invest in real estate?
Turn up the music. I can almost hear you
Ha! I love the Dave Ramsey bit; I hear him saying that all the time. Good to know some of these. I like your home too. (:
Dave Ramsey is a tool... what good advice he does have is negated by ignorance like this.
If you are going to live in a manufactured home in tornado-prone areas, you need to invest in a tornado shelter. The same is true in a site-built home, it's just a part of the cost of living...
Just watching your vid Nov. 2019. Will you explain more about buying the land prior purchasing a manufactured home thanx
Awesome.. great info..
These are true generally for manufactured homes built from the 80's on. The main difference between a manufactured home and its stick built brethren is the roof. Manufactured homes generally have lighter, spindlier roof frames, which work fine for supporting the roof load, but leave absolutely no wiggle room for any future wood rot. This is why so often the oldest surviving manufactured homes have been over-roofed (second roof installed over the first), to extend their useful life. A little rot, and your truss is shot. In a stick built house it's a little easier to fix. The other common issue with manufactured homes is the subfloor. If the subfloor is particle board, it doesn't just rot, it disintegrates into goo. The better quality builders will have OSB subfloors, just like most stick built homes. All manufacturers generally offer different build quality levels, be sure to get one of the mid or higher grades for fixtures, cabinets, and carpet if you don't want to replace everything in the house in five years. Pay attention to how the doorknobs and faucet handles feel. The other thing to watch for is that older manufactured homes especially, use fixtures sized for manufactured homes, and you can't get ready replacements at Home Depot (and the direct replacements you can get are super expensive). The biggest culprits here are the short bathtubs, short exterior doors (especially sliding glass doors) and narrow interior doors. Newer units move away from this to more standard size parts.
Awesome!
Shared! Thanks
Good stuff! My wife and I are heavily considering a manufactured home and this was a breath of fresh air.
im in a 1980's rollohome, while its nice i do see some things that make it different and may be a problem for some, the outer walls use a masonite/hardboard (feels like cardboard) walls that are hard to properly anchor, so far only toggle bolts seem to work well, most other drywall anchors spin and tear out with little force. it also does not like mosture (bathroom wall is really soft) although all the inner walls are standard drywall.
studs are also not your standard 16 on center, and dont appear to be 2x4.
but i will say even in hard winds i dont feel really any movement in the home.
No music please.
Fabulous video. I just bought my mobile after selling my home out of state. I couldn't agree more about living more and spending less! Great job and thanks for dispelling some of those old myths! ;)
I am currently looking to downsize and move to the only mobile home park in our area... you would be surprised at the prices. Not cheap but cheaper for our area. I would rather that than live in an apartment or totally attached to someone else for way more money. I am hoping to get the loan. When I do, I will be so excited to start that leg of my journey. Eventually, I am dreaming of a manufactured home on Tennessee land but I need to stay here at my current job for at least a couple of more years to get there.
Thanks for the video! 👍
We bought our mobile home used. We have done some upgrading in it and we are looking to sell, nearly thirteen years later, for what we paid for it. We could have never expected that had we bought the mobile home new. We've walked through several and they are beautiful, but I don't feel that a new mobile home is ever a wise investment.
Not knocking your house at all, because you've bought it used just like we did, and you put extra work into it to update and make it yours. I think used mobile homes are a great solution for those looking to save some money. And the older ones really with some simple upgrades can resell at a profit. There is a business in my area that buys used mobile homes, moves them to their lot, upgrades them, and resells. I think it's a brilliant business plan.
Thanks for sharing, Katie!! And yes, buying a new mobile home is a risky investment, especially since you have to consider paying for a location to put it, transport, placement, anchoring, attachment to utilities, and more... The price for a new manufactured home is just the first bill in line with the others. Some do appreciate, many do depreciate. Condition and location play huge roles!
Great video! Good information. My husband & I are considering purchasing a mobile home. We live in a single-wide now but rent. We have seen so many mobile homes with land for sale really cheap. Wishing you & your family many blessings!
We purchased a Doral 1988 16x76 in 2015. We live in a mobile home park which influences many of the things you discussed. It has a large attached two car garage and 2-car car port. It was well maintained and remodeled at some point from a 2 bedroom to a 3. We love our home and have no regrets. That said, I must disagree with the quality. We previously owned stick built (1960’s) home. The materials used to build that home were far superior to our current. The interior walls are paper thin in our mobile home. Everything is fake wood or plastic sinks. We are slowly changing this out along with rewiring since we have no electrical boxes. A lot of this is due to the year of our home and has gotten better with the newer ones. We purchased our home for 29,900 and it recently appraised the same. My husband is handy and therefore this was an option for us to help us on our debt free journey:)
Thank you for sharing this! And I agree. The newer manufactured homes are getting better and better. You have pointed out some good talking points, along with others in these comments, that I definitely need to discuss in upcoming videos. Our home is a 1985 Solitaire, and it needed, and still needs a lot of work. It seems to be the same with manufactured homes, as it is with stick homes. You get what you pay for...
Sally May I agree about quality. I live in Oklahoma and in this area (and states around me), Solitaire brand homes are considered top of the line. No vinyl walls and no plastic; everything is solid wood. I was told that Solitaires are heavier due to this fact and would withstand strong winds better. I love my home, which is in a park also.
Yeah nothing beats the initial build quality of a 1960's home, even a cheap one. Not even a new stick home.
just went thru both Hud/mobile/manufactured AND modular-manufactured homes from the same vendor and I'd NEVER buy the former but feel the latter is OK. Hud/mobile/manufactured homes seemed 'cheap' compared to their modular brethren in the same lot. The Hud/mobile/manuf. homes did not have dry wall but cheap looking panel walls...whereas the modular had drywall covering 2x6 studs. BIG DIFFERENCE in look and feel. I've also seen mobile homes from 2011 that didn't age well. Sorry, HUD codes are basic for how to consistently build SAFE mobile homes typical of trailer parks. Go see the difference for yourself. Modular-manufactured homes cost about $25k more than a Hud/mobile/manufactured homes for a good reason...they're better made, perhaps even better made than stick built.
Not true. Manufactured homes use the cheapest materials and do not last as long with normal wear and tear as a stick-built home. I've lived in both, so I know.
We've bought a mobile my question what do yall do during severe weather like tornadoes tyfs blessings
We have lived in many mobile homes of all different ages, our newest one that was a 1995 and was brand new. We had to pull up flooring and subfloor in laundry room because of a leak from back door that we were unaware of and repair it before we sold it, framing was a hodge podge of scrap lumber. We were so surprised, but we loved that home and the others we have owned and are currently living in a 1990 doublewide and in the process of buying a 1975 mobile in our plan to downsize and get debt free.
I got a 95 fleetwood and it’s been a nice sturdy mobile home I found my home on Facebook for sale $7800 and the entire inside has been redone I have had many compliments on it. And one day I cannot wait to be debt free which will be in about 4 years if the Good Lord willin. I just wish that these mobile home manufacturers would have used house wrap underneath the aluminum siding it would have made life better as well as made the home last longer in my opinion. The only large expense we have had to do is the outside and inside heating and air unit when we had our first born. Bout $4000. but my grandma gave me the land and I paid for the well and my grandma paid for the septic. Yea I know I’m blessed. Lol thank God! And I have many people say I wish I had a mobile home out on some land instead of in this rent agreement or in a large home mortgage.
Thank you for posting, very helpful!