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It’s time to examine the average manufactured home price, how to get manufactured home loans, and more. Manufactured homes are built in centralized facilities before they are transported to a piece of land and placed on permanent foundations. Because they are constructed in a central location with the best tools and materials on hand, they can be built more efficiently and cost-effectively than traditionally built homes. But they can still have the same great features as traditional homes, such as fireplaces and walk-in closets. The process of financing land for your manufactured home works similarly to financing land for a traditionally built home.
Mobile home loans are different than traditional mortgages since they're not considered real property. Customer service team, they will walk you through every step of the process of purchasing a manufactured home and getting it ready to move in. Save this search to get email alerts when listings hit the market.
Mobile Home, Mobile Home w/o Land - Milton, NY for Sale
However, if your home is going on private property, you will need a copy of the property deed, site bid quotes, an appraisal, and a survey. If the land is not in your name, you will need to have written permission from the property owner. Zillow Group is committed to ensuring digital accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know. A mobile home is a prefabricated structure attached to a chassis that can be moved.
The 15,012 matching properties for sale have an average listing price of $289,264 and price per acre of $20,821. Information deemed reliable but not guaranteed, prices subject to change. Already have a mobile home and just need a lot to purchase?
Choosing Land for a Manufactured Home
Search below to find the perfect mobile home lots for sale.
Single wide and double wide manufactured homes are often found in mobile home parks and communities where the land can be leased or owned, depending on the park. Used mobile home trailer prices vary depending on the size and design. Before you put a mobile home on your land, make sure the property allows for manufactured homes and prefab trailers. There are several financing options available when purchasing both a manufactured home and land.
Mobile Home, Other - Fenton, MO
Before you purchase a plot of land, you will need to research local zoning laws and deed restrictions regarding modular homes in that area. Since they are unique to each community, you will need to check the laws at the county, township, and municipal level for your location to ensure you are aware of all the regulations. They will determine how large the land needs to be, including the minimum width and depth of the plot.
But finding a great manufactured home is just one part of the task—you will also need to select a plot of land where you can place the home. If you’re looking to learn how to buy a manufactured home and land, Preferred Homes has the guide for you. Manufactured home parks can also be great places to live since they foster a sense of community. Renting land from a park will help you avoid the cost of a large down payment from making purchases. If you’re planning to place your manufactured home in a park, you will need a signed park lease and potentially a signed park incentive form if your park offers it.
One of the most popular methods is a land-home loan which enables you to obtain a traditional home loan for a manufactured home and the land it sits on. If you are purchasing a new home, then your best choice may be a construction-to-permanent loan. These loans include a series of disbursements to assist in paying for the manufactured home to be built and delivered. Only you can decide which land is right for you and your family. It may be a property with a great view, an excellent school district, or within close proximity of your job. You can hire a real estate agent to aid you in your search, use a real estate website, or just drive around your chosen area looking for “for sale” signs.
Some or all of the listings displayed may not belong to the firm whose website is being visited. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. By purchasing a home and land together, you can bypass many of the research and preparation steps required to ensure a manufactured home can be placed on a specific property. Many of the basic tasks, from ensuring compliance to local zoning ordinances to utility hookups, have already been completed by the previous occupant. You also don’t need to wait six to eight weeks for your manufactured home to be delivered and set up.
In order to obtain financing, you will typically need a minimum credit score of 670, though some financiers will accept scores as low as 580. You will also likely need to place a minimum down payment of 5%. With some manufacturers, you will also need to take into account the cost of transporting your manufactured home to your chosen location, which typically runs between $2,000 and $10,000. Preferred Homes, however, has a No Hidden Costs policy, which means we include the price of delivery and setup in the base price of our homes. If you’re looking for an affordable path to home ownership, then buying a manufactured home is a great option.
Preferred Homes can help connect you with financial providers who will assist you in that process. Delivers manufactured homes to private property in 29 counties in Michigan, and to community parks in 11 counties. Great selection of single wide, double wide, and modular homes available. There are several different loan types available, including conventional mortgages similar to those available for a traditionally built home. Manufactured homes can also qualify for loans through the U.S. Department of Agriculture, and the Federal Housing Administration.
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