Comments on: I just got married we plan to buy a mobile home what are the advantages and disadvantages?

By: psycmikev

psycmikev — Wed, 22 Jul 2009 16:40:40 +0000

Mobile homes offer a lot of pros and cons. For price they can not be beat. They are also cheaper to maintain then a traditional home. However, unless you put them on your own land they will lose value every year that you own it, unlike a traditional home. As for pets, that is up to each park, some here in Pa. allow only small pets, nothing over 35 lbs, others no dogs at all, and others do not care but charge an additional fee for each pet. If you can buy a small piece of land to put the trailer on, have a full basement attached to it. The price is usually very cheap, under $20,000. but will double your living space and a lot of states will then re-title it as a rancher, no longer a trailer and the value of it will start to go up. There is a lot of very nice ones out there, good luck.

By: Ransom

Ransom — Wed, 22 Jul 2009 16:40:40 +0000

We purchased a mobile home about 6 yrs ago new and lived in it for 3 years. We went cheap. The mobile home new, on the lot, was $30k.
3 beds, 2 bath.

1. Don’t scimp on the flooring. I replaced the carpet and vinyl after 2 yrs.

2. The roof has to be asphalt shingle. Especially if you get snow. They put no gutters on the metal roof and the runoff channel is pathetic.

3. Phone outlets and cable. There were none. I had to put them in.

Good luck. I will never buy another trailer.

Oh yeah, after 3 yrs we sold it for $26k in Topeka Kansas.

By: Need answers

Need answers — Wed, 22 Jul 2009 16:40:40 +0000

I had a friend who bought a mobile home as their first home. They got a really high interest rate even with good credit, because the lending company does not consider a mobile home a stable home with a foundation, therefore making it a high risk loan.
P.S. don’t forget you may also have to pay rental fees at a mobile home park.

good luck

By: RUDOLPH M

RUDOLPH M — Wed, 22 Jul 2009 16:40:40 +0000

Advantage- Low move in cost/affordability
Disadvantage- trailer park stereotype
Advantage- Low maintenance
Disadvantage- fast depreciation.
Advantage- No yard maintenance
Disadvantage- No yard for a pet. Most parks allow small dogs and cat.
Disadvantage- Close proximity to neighbored.
Disadvantage- Limited parking for your cars
Disadvantage- Friends have to park in "VISITOR" parking area. How close are you to it?
Disadvantage- Stereotype. No matter how nice it is it is still a "trailer park"!!
Advantage- Loan interest is tax deductible
Disadvantage- High interest rates

By: Teresa M

Teresa M — Wed, 22 Jul 2009 16:40:40 +0000

Hi, I had a mobile home once, kept it for one week, then sold it and lost money. It was quite a bad experience for me. It was what we call a roulotte, or a caravan, here in Europe, I suppose it must be the same thing. I couldn’t have a good bath and I hate to bath in public bathrooms in the camping parks, I don’t knw who was there before me, maybe someone with diseases. Then I couldn’t have sex, because everybody around in the other caravans would hear, then I couldn’t prepare a decent breakfast in that minusculous kitchen, and to end up there were spiders everywhere. Use your money in a five stars hotel holyday, and go live with your parents or your in laws if they are nice. bye!