Buying A Manufactured House Cheat Sheet

Buying a Manufactured House Cheat Sheet

It does not come up often but from time to time our clients do ask about Manufactured Housing as a less expensive alternative.

Take this lovely Everett Manufactured House for example.

1,792 Square Feet | 2 Bedrooms | 2 Baths 

$239,000

+ Lot Rent of $753 month
Which includes Water, Sewer and Garbage.

Making the actual price (factoring space rental less utilities) approximatly:

$350,000


VIEW LISTING

A similar single family residential in Everett averages around:

$500,00

Buying a Manufactured Home can save you about 30%.

Saving Money On A Manufactured House Has A Cost


A Manufactured Home is similar to a car in that the value tends to depreciate.  Meaning the second you drive it off the loft the resale value goes down.

This is especially true if you are renting the space.  If you own the land under the manufactured home you may see some appreciation, but that is due more to the land.

Because of this the financing is more difficult and usually comes at a higher interest rate.

If You Are Considering Buying a Manufactured Home Check Out The Financing Cheat Sheet Below



About the Author

Jason Fox

Facebook Twitter Google+

Jason Fox is a father, a real estate broker, a marketing specialist, and a friend.Being born and raised in the Pacific Northwest he has a unique and interesting perspective on local real estate that he can't wait to share with you.Jason lives in the Meadowdale neighborhood and hopes to see you out walking, at the park, at the movies, on a trail, on Stevens Pass, on the beach, at a lake, at a Seahawks or Mariners game, or just commenting on the blog.

Leave a Reply

Your email address will not be published. Required fields are marked *