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I am thinking of buying a manufactured home, has anyone had a bad experience after buying one?

3 weeks ago - 5 answers

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The value of the manufactured home goes down worse than a new car. they depreciate in value not appreciate.Just be aware of this before you put a huge amount of money into one.

by franky

3 weeks ago

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Other Answers

my cousin's is falling apart after 15 years...

by fitz 1969- 3 weeks ago

I work in a hardware store, and am constantly having to deal with customers who's manufactured home is falling apart, it seems that they use substandard supplies, and non-standard sizes, so it's difficult and expensive to replace things like doors and windows. Personally I wouldn't buy one, but before hand have it inspected thoroughly even if it is brand new, find out everything you can about the company that made it, and if it's in a neighborhood full of them, ask some of the neighbors what they think.

by Chris- 3 weeks ago

If you buy one that is new the company has financing but the odds are against you when you try selling. There is very few morgage companies that will finance a manufactured or modular home. Some banks will finance for 3 years with a baloon. You will need to talk to you banker. You will do better in resale if the home is on a permanintate foundation. But this may not get it done in todays market. with that all said in the most part these homes are great you need to check who manufactures the home and check to see if you can see how they are built. Eddie Remax Agent Searcy Ar. 72143 501.593.2546

by Eddie- 3 weeks ago

yes they are like a mobile home after so old you cannot get it insured anymore because it is too old?? best way is to have it hand built! mobile homes go down in value like a car but hand built go up in value almost every year??

by Robert W- 3 weeks ago