JACO Sales - Alex City | 1201 Hwy 280 | Kellyton, AL 35089 | 256-500-4305
Alexander City, AL
Do you know what is the biggest challenge for first time buyers when buying a manufactured home? It’s not getting financing. It’s not even finding the right community with the right amenities. It’s the little things that can make you or break you, and they are all centered around one thing: myths surrounding manufactured homes.
From the cost of buying one to where to put it once you do, there are so many different ways to answer these questions that it’s no wonder people have trouble seeing through them. In this post, we will discuss the most common myths about purchasing a manufactured home and what facts should be behind them.
What does it cost to buy a manufactured home?
There is a lot of debate about this question and the answer varies from state to state. Some states, like Texas, have no sales tax on manufactured homes while in other states, like California, the sales tax is 6.55%. No matter where you live, you will probably find the cost of purchasing a manufactured home to fall somewhere in the middle. Looking at recent sales data, the average price to purchase a manufactured home in the U.S. is $115,062. However, that average price includes the price of the land, which adds a significant cost. Without the price of the land, the cost of buying a manufactured home falls below $90,000.
Manufactured homes are only for people with bad credit - MYTH!
Manufactured homes were designed for people who aren’t able to get a mortgage or other financing due to their credit history. But this is not always the case. Manufactured homes are now being used by people of all financial backgrounds and for many different reasons. Manufactured homes are not only helpful for people with bad credit, however. There are manufactured homes designed for almost anyone, from first-time homebuyers with modest budgets to seniors who want the mobility and affordability of a mobile home.
You can’t live in a manufactured home with small children or pets - MYTH!
Many manufactured home buyers assume that they would not be able to buy a manufactured home with pets or kids. However, many manufacturers are now designing homes with an addition that can be removed, called a caretaker’s suite, to make room for pets and kids. Today, manufacturers offer caretaker’s suites as standard equipment, therefore allowing you to easily purchase a home with the space for pets or small children.
Our Conclusion
Manufactured homes have been used for decades as a building option for those who need more mobility or affordability than an apartment or a traditional house provides. Today, there are many different manufactured home options available, and you can find a model that suits your needs and your budget. The most common myths about buying a manufactured home are that manufactured home costs are too high and that you can only own one if you have bad credit.
The truth is, manufactured homes are very affordable and affordable financing options are available. And finally, you can live in a manufactured home with pets or small children, as many manufacturers now offer the option of adding of additional rooms.
Come see us at Jaco Sales and let us help you obtain your new dream home today! Contact us today!
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