If you, like many others, have made the decision to invest in a mobile home, there are many factors to consider. Though there are many things to take into consideration, here are 3 main factors to assess, prior to moving forward with your real estate purchase.
The first one is age. Just like a car, a home that has been manufactured in a factory is much more likely to depreciate or lose its value quickly, than investment in a home or a condo. Many times though, the decrease in value is not a result of quality or reliability, it is actually due to government regulations. Many times there are restrictions placed upon Mobile Home Life based on their age, and some states do not allow a mobile home to be transported so many times after it has reached a certain age. Rather, they will not allow you to sell it for a specific value after a certain point. Some also place restrictions on your ability to move it after a certain amount of years.
The second factor that you must consider is the condition of the mobile home unit. You must do a thorough inspection to make sure it is worth your money, and the owner took good care of it while it was in his or her hands. The first place you should look is the roof. This is a great place to start because it can give you an accurate snapshot of how the Home First has been treated during its use. It is also the easiest place to understand the story of the home and whether or not it is a good investment for you to make.
The last thing you must consider is the location of the home. Not just its current location, but where it has traveled to and from. This is considered to be the most important factor, mainly due to cost and the ability to travel around the location. You can purchase a piece of land within a rural or country community. The benefit of this, is that you get to decide where your property goes. People like living in a rural community because all amenities tend to be within walking distance with low cost public transportation available. The perks of living in the countryside is the almost always related to the peace and quiet. A lifestyle that many older people often look for when making the decision to invest in a mobile home. For more info about real estate broker, visit http://en.wikipedia.org/wiki/Real_estate_broker.
The first one is age. Just like a car, a home that has been manufactured in a factory is much more likely to depreciate or lose its value quickly, than investment in a home or a condo. Many times though, the decrease in value is not a result of quality or reliability, it is actually due to government regulations. Many times there are restrictions placed upon Mobile Home Life based on their age, and some states do not allow a mobile home to be transported so many times after it has reached a certain age. Rather, they will not allow you to sell it for a specific value after a certain point. Some also place restrictions on your ability to move it after a certain amount of years.
The second factor that you must consider is the condition of the mobile home unit. You must do a thorough inspection to make sure it is worth your money, and the owner took good care of it while it was in his or her hands. The first place you should look is the roof. This is a great place to start because it can give you an accurate snapshot of how the Home First has been treated during its use. It is also the easiest place to understand the story of the home and whether or not it is a good investment for you to make.
The last thing you must consider is the location of the home. Not just its current location, but where it has traveled to and from. This is considered to be the most important factor, mainly due to cost and the ability to travel around the location. You can purchase a piece of land within a rural or country community. The benefit of this, is that you get to decide where your property goes. People like living in a rural community because all amenities tend to be within walking distance with low cost public transportation available. The perks of living in the countryside is the almost always related to the peace and quiet. A lifestyle that many older people often look for when making the decision to invest in a mobile home. For more info about real estate broker, visit http://en.wikipedia.org/wiki/Real_estate_broker.