When getting financing for mobile homes be sure to realize what you are getting into. Mobile homes are NOT considered as actual Real Estate. They are more along the lines of that new Ferrari or Mercedez Bens. Meaning they are looked upon as actual personal property or looked at like cars.

Mobile homes look beautiful and if you have never seen one, I encourage you to look at the inside of one and then laugh. You can’t. Manufactured homes are designed with you in mind. they now are much more spacious, have lots of extras, and have more rooms than you can get in a regular home for the same price.

I said all that to say this, mobile homes while beautiful, depreciate over time just, like, cars….

you work really hard to make your house a home but unless your manufactured home is emaculate, its value will continue to go down from the minute it leaves the “home-lot.”

If you want your home to appreciate and not depreciate, LAND is key!!! - the land you purchase for your home has the potential to be worth more than your home because if you get a location that is not populated, usually over the years it will eventually be! this makes your property go up in value. the home usually is not what people want, its your land that you’ll get top dollar for.

When getting your manufactured home, try to get as much land as possible near as much as possible. What do I mean? - well if someone just cleared 100’s of acres to sell and its near something very, very important like a school district. That land is going to be very, very valuable one day. I have seen this happen, over and over again.

As city’s become OVER-crowded, people tend to stray off into the country. Parents don’t want to take kids to school, so they find land thats very close so that a bus can pick them up or so that if the parents do have to take them its not very far.