5 months ago
Justin Becker ·
Comments Off on How to Buy Mobile Homes for Sale in Fenton, Michigan
There are plenty of advantages to buying a mobile home that might interest you in Fenton, MI. However, what is a mobile home anyway? It is an off-site built home or rather manufactured in the factory and transported to the property?
A mobile home comes in two types namely;
- Single Wide – Usually long and narrow with a compact design.
- Double Wide – Often has twice as much space as the normal home
The term mobile home refers to houses built before 1976, while those built afterward are referred to as manufactured homes. Reasons being, the United States Department of Urban Planning and Development made some quality standard changes which define the modern manufactured homes.
If buying a manufactured home in Fenton, MI, is part of your house-hunting plan, then it’s good to understand that you can either buy and rent land on which the house will sit, or you may opt to buy both the land and the home. Now that you want to buy a mobile home in Fenton, where do you begin? Here’s all you need to know about mobile homes for sale in Fenton, Michigan.
How to Locate
Mobile Homes For Sale In Fenton, Michigan
Getting Referrals from Friends
Asking friends for their opinion, especially those that have bought in Fenton, MI, will be a good way to start. They have what it takes to guide you through the process from the start to the end. With their experience, they are likely to suggest some of the best dealers around Fenton, MI that you can trust.
Doing an Internet Search
If you have no friend who has bought in Fenton, MI before, it doesn’t mean you’ve hit rock bottom. Instead, you might want to take advantage of the internet and conduct research on mobile homes for sale near Fenton, Michigan, and still get some useful information. Places like Cider Mill Crossings in Fenton, MI or Tyrone Woods Manufactured Home Community in Fenton, MI could be perfect to visit.
A dealer of a mobile home in Fenton, MI will list their properties on websites and through a keyword search, you’ll find several. Create a shortlist with prospective mobile home sellers in Fenton, MI to visit and cross-check with your demands as you narrow down the list.
Tips for Getting Approved by Mobile Home Communities
It’s important to note communities in Fenton, MI have a set of rules and regulations guiding them. It’s such that brings orderliness and harmony in the manufactured home community and, therefore, if you’re to join them, understanding what they stand for is critical to your approval, for example, the Cider Mill Crossings in Fenton, MI or Tyrone Woods Manufactured Home Community in Fenton, MI.
Willingness to Agree to Set of Rules
As noted earlier, every manufactured home community in Fenton, MI follows some rules laid for the greater good of the people living around. A wise thing to do is go through them and seek to understand what they mean and if you’re willing to agree to them. For example, in the case of Cider Mill Crossings in Fenton, MI, you should check if pets are allowed to be kept within the community or not.
Besides, does the community in Fenton, MI allow you to move the unit from the park? Such will be some of the questions you will be seeking to be addressed before signing a lease agreement.
Willingness to Provide Personal Information
It’s unlikely that communities like Cider Mill Crossings in Fenton, MI or Tyrone Woods Manufactured Home Community in Fenton, MI will agree to allow someone who isn’t willing to let their personal information known. Information such as credit card details will be among what will be requested and you don’t want to cut a figure of someone who is hiding anything from them.
Make their work easier by sharing the information they need to process your entry.
Background Check is a Must
Expect communities like Tyrone Woods Manufactured Home Community in Fenton, MI and Cider Mill Crossings in Fenton, MI to do a rigorous background check for safety purposes. They’d want to know where you lived previously and the reason for moving. Being transparent about your previous living arrangement will ease the process.
Often these communities in Fenton, MI ask you to consent contact to your current employer and previous landlord. Play along and make sure the information is factual.
If all information has checked out, it’s time to have a look at the mobile home community lease agreement. How much will you be paying monthly? Such information should be at the top of your list. However, there are details in the mobile home community lease agreement that might be overwhelming. Get help from legal experts for clarity.
Ways to Finance Buying of Manufactured Homes
Acquiring a mobile home in Fenton, MI is way cheaper than traditional real estate. It offers an escape route to those with a small budget and who want to own a home in Fenton, MI. Prices vary in Fenton with new 3 bedroom/2 bath ones ranging from $50,000-$100,000, while a used mobile home in Fenton can be bought from as low as $10,000, depending on the size (sq ft) and year.
FHA is a government-backed loan that lets its applicant finance the buying of manufactured homes for sale, however, it has to certify the mobile home will be the primary residence of the applicant. If you’re looking to use an FHA loan, find a financial institution that is backed by the program.
To be eligible for an FHA mortgage insurance, the mobile home must be built after 1976 with all certifications to prove the same.
Since they are cheaper unlike traditional homes, you can finance them with a personal loan. It might just be what you need. Unlike other traditional loans where you could lose the home in case of default, with a mobile home here that’s not the case.
However, you’ll be subjected to paying higher interest rates instead and given a shorter period to do the repayment. It’ll take you a shorter time to complete the application details.
If you belong to the military community, the VA loan should be where to go for a loan to finance a mobile home in Fenton, MI. The good thing about VA loans is that they can finance up to 100% of the loan you need to acquire both the house and lot which the house will sit in.
What You Need to Know About Buying Manufactured Homes
You don’t want to go house hunting blindly, right? It’s wise to arm yourself with some useful information. Before buying, here are few things you should aware of:
Value Depreciates Over Time
Unlike traditional real estate where the value of land increases and a recoup of your investment is possible, manufactured homes are not tied to the land and wear over time making it difficult to get resell.
With this in mind, you’ll be prepared for what you’re yourself into. You wouldn’t be expecting to get beyond what you paid for initially. Buying the house with land might be a good choice since the land value will appreciate over time.
Limited Financing Options
In the case of traditional real estate in Fenton, MI, the financial institutions will be welcoming to your request unlike in the mobile home cases where financing options will be limited. If you’re armed with a small budget and used mobile home is what you’re targeting, then for some financial institutions, you’re likely to miss out on the list.
If you’re Buying in the Park Consider Paying Fees on your Budget
Buying in a park in Fenton, MI may be cheaper but comes with the cost of paying a lot of rent which the house sits on. On average you’re likely to pay $300 which covers the garbage collection, water, and sewage.
Decide Whether to Buy in a Park or Buy land to Put your House
While many might assume a mobile home always belongs to the park community, well that’s not the case. You can choose to buy land and put your mobile house. Depending on the budget, make a choice before looking for a house. If privacy is your concern, unlike in the community park, owning land will give you some sort of privacy.
6 months ago
Justin Becker ·
Comments Off on Mobile Homes for Sale in Michigan: What You Need to Know
When you start thinking about mobile homes for sale in Michigan, there are a lot of factors to consider. You might still have to decide whether you’re going to get a brand-new home or purchase a used one available for sale. The rules, financial aspects, and building regulations are also important.
With all of that said, the first step is to take a deep breath. There are several reasons that might, or might not, convince you to get a mobile home in Michigan. For starters, the location is great – there’s a relatively low cost of living, a sense of community, and an overall family-friendly environment.
On the other hand, everyone has their own specifications and requirements. When it comes to choosing your dream home for sale, or even just a stepping stone for a couple of years, knowing the details, including the number of beds and bath options, is a must while shortlisting mobile homes for sale.
It’s true that the popularity of living in mobile homes for sale has shot up considerably over the past few years, thus, increasing the sales. People are becoming aware of how attractive simple living is, while the lure of easily moving around is quite tempting as well.
If you want to make as informed a decision as possible, here are some factors to consider before looking at mobile homes for sale. These will hopefully help potential homeowners to shortlist homes for sale and finalize their decisions:
Mobile Homes for Sale in Michigan
Buying New or Used?
There are several advantages you get with a brand-new home for sale. On the other hand, buying used mobile homes in Michigan for sale is also beneficial in a lot of ways.
Fortunately, Michigan has options in both categories of homes. Take a look around, and you’ll probably find at least a few choices in the new and used homes in your area.
The affordability, of course, is the biggest advantage when it comes to used manufactured homes for sale. You can get one with a relatively small down payment, or get a larger home with the same amount of money.
You Can Have Luxuries
Just because you’re living in a manufactured home, it doesn’t mean that your life will have to be rustic or extremely simple. The cost of the new home might be lower than a site-built house, but there’s always the option of having a lot of space.
People who live in Michigan mobile homes might choose to splurge on bathrooms that give a spa-like experience, state-of-the-art kitchens, gorgeous flooring, and large rooms. Do your research and find out what’s possible before you start buying one of those homes.
When you buy a used mobile home in Michigan, or anywhere else, be alert and aware. If the house seems to be available at a highly discounted price, it’s necessary to look even more closely at all of the details, including the bath options.
If you’re going for a power-of-sale, be sure to get a close inspection of the place. The results of such an inspection will tell you whether you’re getting a good deal or not.
If you do find some damage in a mobile house, gauge whether the situation is serious or not. The discount price might be attractive, but weigh that with the cost of repair and whether the damage is even possible to fix in the first place.
What’s more, if you get an older model of the house, it could be more challenging to spend your savings on the repair and renovation of such a home.
Location and Movement
Mobile homes for sale might be movable, but that movement might require a fair amount of expense and effort. If you go for a used home, consider the location, along with other factors.
For instance, if the house is already in a decent location, you might want to acquire it despite a slightly higher price.
If you buy the mobile home available for sale and want to move it later on, there will be transportation costs and risks involved. The home might suffer some damage in the process and you may have to pay for the labor involved if that’s your agreement with the seller.
Also, keep in mind what the authorities of Michigan have to say on the subject. The Michigan Department of Transportation allows us to move a mobile home, as long as we have a permit for it. There also might be some setup fees in the new location. So, look those up and be prepared beforehand. Factor in all of these costs, and then look at the final price of your manufactured house.
If the estimated price is too high, you might want to look into new manufactured homes instead. While new manufactured homes are typically more costly, they might not incur so many relocation expenses. That’s why choosing new manufactured homes may be a decision that is wise and reliable.
Whether you want to get a manufactured home in Michigan for yourself or a family member, remember that there are sometimes age restrictions in place when buying such homes.
For example, getting an older mobile house might prevent you from gaining entrance into your community of choice. Many such communities within Michigan have certain age restrictions.
The Convenience Factor
Buying a new mobile home has considerable advantages. Most of these homes have updated modern décor, bath options, and technological features that make life much easier.
Find Reliable Parties
Being on the search for a mobile home in Michigan isn’t just a matter of checking the number of baths or pondering the decor of the various options. You have to look at how a likely mobile home is constructed and manufactured. Check out the options that are popular; you might have to consult a licensed dealer that practices within your relevant area.
It’s also helpful to find a realtor that can be helpful in locating the best spot for your dream house. Make sure these parties are reliable; hop online for reviews or ask your trusted circles of friends, family, colleagues, etc., while selecting one of those Michigan mobile homes for sale.
At present, Michigan doesn’t have any statewide zoning regulations. This is the case in several other states as well. Make sure that you are also in touch with the local assessor’s office in order to check the zoning laws in your location.
Titling the Mobile Home
After finalizing the purchase of your new house for sale, ensure that it’s properly titled. Manufactured homes that are available for sale and are made after 1976 need a Certificate of Manufactured Home Ownership. Owners of manufactured homes can get this certificate from the Secretary of State’s Office.
Buyers who are purchasing from the dealer can expect them to apply for this title on their behalf.
If you’re making a deal with a previous homeowner, though, the title will be signed over to you, so make sure there are no existing liens. From there, you can apply for the title and certificate from any Secretary of State branch office.
Transporting the Home
As mentioned above, transporting mobile homes will require certain additional steps. Along with the fee and permit, there are certain regulations to follow and uphold.
If you’re getting your home from the dealer, they will probably have staff for the purpose of handling transport and setting up.
When getting used to mobile homes from homeowners, though, you might have to hire a team of your own. When doing so, make sure to double-check the setup and transport teams’ credentials.
To be on the safe side, take several pictures of the mobile or manufactured homes’ interior before transporting it. Take some more just before you move in too, just to be on the safe side.
No matter what kind of mobile home you end up choosing, it should be one that caters to your specific needs and requirements. What works for your friend, or a vlogger, might not work for you and your family. Take a bit of time, get well-versed on the subject, and then decide whether you want to buy any mobile homes in Michigan.
1 year ago
Justin Becker ·
Comments Off on Top 5 Benefits of Living in a Mobile Home
When searching for homes for sale or lease, there is a chance that you may not have considered renting or buying a mobile home… but you should!
Benefits of Living in a Mobile Home
Mobile homes are not what they used to be. In fact, in the United States, it is estimated that there are about 20 million Americans currently living in manufactured housing.
To break it down even further, about 57 percent of those living in manufactured homes are employed, and another 23 percent are retired and living a great life.
The reason for this is because moving into a manufactured home has a lot to offer these days, so it is no surprise that many people are choosing this lifestyle.
So, without further adieu, we present to you the top five benefits of living in a manufactured home.
When it comes to your home, one thing that you want out of it is comfort.
More and more people are realizing that they do not need as much stuff, but rather just a comfortable place to rest, and manufactured homes can provide this luxury.
There are many great options when it comes to mobile homes, making it a great and comfortable choice, no matter what your situation might be.
2. No Commitment
If you are tired of apartment living, but you do not want the commitment that comes with buying traditional homes, then residing in a manufactured home is a great option.
When you buy a stick-built single family home, you are committing to the real estate property, which comes with real estate taxes, the location, and the upkeep of everything.
If you do not like your neighbors or the new developments coming up around your site-built home, there is little that you can do to change it.
However, when you choose to rent a mobile home, you get the comfort of a mobile home park neighborhood, along with all of the amenities the home park offers, with the option of being able to move, if you ever want to.
If you choose to purchase a mobile home, you have the option of moving your home, which is considered personal property, into different mobile home parks, where you would just owe a lot rent, or you could even move it onto your own private land, if you so ever desire.
Any way you slice it, living in manufactured homes means that you can get the home that you want, without all of the other commitments that come with a stick-built home.
3. Best of Both Worlds
When you decide on a mobile home instead of an apartment, you get many of the bonuses that are offered by site-built homes, such as your own yard.
Another benefit is that you will not have as many rules as you would find in an apartment building, or from living in a condo.
For example, if you have pets, you will find that moving into manufactured home communities may free you from the outrageous pet fees that are often charged by apartment rental companies.
4. Customizable Space
If you are looking to downsize a bit, or if you love to decorate, the condensed space provided by a mobile home is key.
The mobile homes of today are designed to fit the things that you need in a smaller area. This will allow you the opportunity to do so much more, with less.
Manufactured homes are built in factories, not at the site like stick-built homes are.
This means that you simply put the order of exactly what you want into the manufacturer, then they build it and bring it to you.
If you want some great flooring or a quality kitchen, manufactured homes will help you realize these dreams.
Mobile homes can also be decorated in many styles, which makes them an excellent choice for anyone.
One of the main reasons that you should consider single-wide or double-wide homes manufactured in a factory over a stick-built home is the average price per square foot.
Simply put, manufactured homes are much more affordable, and their energy-efficiency will help you save money in the long run.
Now, manufactured homes may not appreciate in value like a stick-built house would, but they are much cheaper and have all of the same luxuries.
In addition, it is often less expensive to rent a mobile home than many apartments or condos throughout Michigan.
Mobile homes are the perfect choice for young people who are just getting started on their own or people who are retiring and want to downsize their lifestyle to fit their retirement earnings better.
Even people who are simply tired of paying all of the expenses that come with traditional home ownership should consider mobile homes as a way to spend less money per month on their living expenses.
When weighing the pros and cons, you really cannot go wrong with a mobile home.
There are many options from which to choose, as well as several great locations.
If you are currently looking for a new place to live, choosing a mobile home in Fenton might be the exact place that you have been looking for.
Not that we are biased or anything, Tyrone Woods Manufactured Home Community is without a doubt the best place to call home.
So reach out to us, we have many different manufactured homes available for rent and for sale.
See you soon!