Pre-owned Mobile Homes Buying Tips

Since 2020, there has been a significant surge in grocery prices attributed to inflation. Over the span of four years, the average food costs have risen by more than 25%, compared to the previous average annual increase of 3.9% before 2020. As households face higher monthly expenses, our customers are seeking ways to maximize their dollar and keep housing costs down. This explains the growing popularity of used or repo homes, allowing individuals to enjoy spacious living with upgraded features at a substantial discount. This article will discuss the various factors to consider when purchasing a used manufactured or mobile home.

How Does it Work?

Some individuals might hesitate to invest in a used manufactured home, fearing it's not a wise decision. Just like with cars, manufactured and mobile homes have an NADA value that guides pricing decisions. We are dedicated to offering move-in ready homes with thorough electric and water inspections.

Our homes frequently undergo renovations including new roofs, appliances, drywall, and vinyl plank flooring. These homes are typically priced $15,000 to $20,000 lower than new homes of the same caliber, resulting in monthly savings of $150 to $200!

Why Choose a Used or Preowned Home?

The primary benefit of purchasing a preowned home is the cost savings it offers. You can access upgrades that may have been unaffordable otherwise. Additionally, pre-owned homes are ready for immediate occupancy, allowing you to move in more quickly. If you are a cash buyer, there are excellent fixer-upper choices available where you can handle the improvements personally.

Extra Considerations

When purchasing a pre-owned home, it is crucial to plan for maintenance expenses earlier than with a new build, as the house naturally ages. Any previously used appliances will be revealed upfront, even if they are relatively new. If you opt to buy from another company, ensure you assess the renovation quality by examining the paint and finishes closely.

Warranty Services

The good news is that Regional Homes does offer a warranty on pre-owned homes! Coverage will typically include Structure, Systems, and Appliances, and is offered to homes up to 20 years old. Cost of the warranty is unique to each home center, so check with your local Regional Homes retailer for more information upon time of purchase.

To sum up, opting for used and pre-owned homes can offer excellent value for your investment. Regional Homes ensures that these homes are ready to move into, complete with water and electric tests. Nevertheless, it's crucial to factor in budgeting for home maintenance as homes naturally age over time. We also provide fully renovated choices featuring new vinyl plank floors, drywall, and a fresh metal roof.