Who Lives in a Mobile Home and Can Answer Some Questions?

@Pigglies (9340)
United States
December 2, 2008 1:04am CST
I've come to realize affording a house is insane and it's not going to happen anytime soon. But a mobile home will possibly be in my price range within the next year (making payments of course!). Do all mobile homes work the same way as a house where the loan is for 30 years? Or are some more like a car, on a 5 year loan? I'm thinking about getting a single wide, probably 800 square feet at the most but not less than 400 square feet. Some parks allow old mobile homes, while others require you to buy a new one and bring it in. Is there any way to find out which ones are which type online? I'd prefer to buy an older mobile home rather than a brand new one since I don't want it to depreciate in value too much (just in case I ever can afford that elusive house). Are there websites or other sources to get the demographics of a park? I've heard some parks have a lot of drama, but the ones with mostly older people are supposed to be better. Obviously I can't live in a park for people aged 55+ or something, but if there is one that accepts anyone and is already mostly older people, I'd definitely prefer that. And if you can think of any pitfalls that I should try to avoid, that would be great. Thanks in advance for any help you can offer!
1 person likes this
6 responses
@gwoman2 (712)
• United States
2 Dec 08
Hi Pigglies, I lived in a trailer for 18+ years. It was a gift of love because at the time I was homeless and living in a hotel with my then 12 year old...it is an older one, a 1976 Skyline with two bedrooms, living room and kitchen...While I appreciate it from the bottom of my heart...it was a pain in the "you know what"...when one thing went wrong you could bank on two or more other things going wrong:-( There are nice trailer parks and then there are the one I lived in...a lot of violence...kids with no respect for others and always looking for a fight, Ugh! I was a bit lucky because my trailer was on a good block cause I had many older neighbors, so it wasn't so bad...and anyway, the place you live in is what you make it to be...because I live my life this way I really never had a problem except that I never allowed my daughter outside unless I was with her! My trailer cost $12,000 but of course being homeless I didn't have, nor would anyone give me any credit so...the owner of the park financed it...boy was that a big mistake...I ended up paying nearly $20,000 and had ten years to pay it off...payments were about $450.00 monthly + insurance...after payoff my lot rent was about $250.00 so that was a big relief...just remember that about every two years your rent will go up so by the time I moved out which was November of 07 I was paying $330.00 for the lot rent! And yes you can go online and type in trailer parks in your area and check them out...try to be well informed before you jump in...I sincerely wish you all the best. ~G~
@Pigglies (9340)
• United States
5 Dec 08
Thank you. Just when I've started to think that perhaps there really aren't any nice people on MyLot, you have restored my faith! The home I lived in with my family as a kid was in a horrible section of town. We'd have police coming up frequently asking how many shots we heard on the night so and so was murdered. You couldn't safely walk the streets. But it sold for $150,000 way back when we sold it. And recently it sold for $400,000! I can't believe what houses costs out here. It sounds like you live in a similar type of place. We witnessed wives getting hit with chairs on the front lawn, and we had kids come hide in our yard from their drunken fathers. It was craziness. But at the time, I wasn't scared because it was all I knew. I wouldn't want to have a dog solely for protection, but I love pit bulls and wouldn't be opposed to having one because I'd definitely train it and it would be a nice dog, but would probably deter people as well. Although, I bet it's hard to find a mobile home park that allows dogs... I've only seen them at a few.
@gwoman2 (712)
• United States
5 Dec 08
Good morning Pigglies, About the doggies, many parks allow them they just have rules, which of course not many people follow...A pit in the trailer park where I lived jumped my fence and got my little pikanese (spelling:-( and took out his eye...it was hanging from his little face...the doc saved him by inserting the eye back into the socket but he was never able to see from that eye again, the pit, which was always loose finally got taken away...The first pit my oldest daughter got was, to be perfectly honest, she fell in love with her, the former owner could no longer keep her, (Karma, a 2 yr old beautiful red nose)and for protection because she had an apartment in another bad part of town...but as time went on she, like me and my other daughter fell totally in love...the other kind of the same, the owner was evicted and he could not keep him, (Gage, a blue nose, giant pit!) and so she took him in...as with Karma, we all have fallen in love with this giant gently soul...shhhhhhhhhhh don't tell anyone, LOL They are both the biggest babies...don't get me wrong they'll mess something up if they had to, they've proven that by showing their stuff when strangers come around and geez are they aggressive or what?Yes, very!...anywho...look on the web, I'm sure you'll find a place, hopefully soon, I'll be praying for you. Also, I agree that the prices for homes are ridiculous today...I have two jobs, my oldest has about 3-4 jobs and still we must budget everything...it's a pain in the you know what! Let me know how you make out...again, I'm sure you'll be ok! ~G~
@Pigglies (9340)
• United States
6 Dec 08
I will definitely let you know. That is horrible about your pekingese! I would definitely have my large/medium dog under control at all times so that it wouldn't hurt a smaller dog or other small pet. At this point though it's not absolutely necessary for me to be able to have a dog. I just need to be able to bring the rabbits for sure.
@messageme (2821)
• United States
5 Dec 08
No a loan for a mobile home differs from a house loan. I was going to get a house loan for a mobile home and they told me it was different. We didn't go into details on the difference because I was also told that unlike a house mobile homes never go up in value they only decrease. SO if you ever tried to sell it would wouldn't as much out of it.
@messageme (2821)
• United States
5 Dec 08
That's why I went and got a house. It's mine and it's the same price as renting. I can do what I want with it and noone can tell me no. I think you would be better off trying to get a loan for a trailer rather than renting. You should just go and talk to your bank about it.
@Pigglies (9340)
• United States
5 Dec 08
If I could get a house around $500 to $700 a month, I would do it. But that doesn't seem to be the case currently. :( I'll see if the bank can help on figuring out how much I'd end up paying monthly. I don't really want to keep renting if I don't have to (especially if I could have more space, I'd love that!).
@LadyMarissa (12165)
• United States
5 Dec 08
Sounds like your best bet would be to look for an older mobile home already in a park where the owner is moving out instead of replacing. Then maybe you could take over the land rent where it sits & you wouldn't have to have to move it nor have it set up either. That would also cut out the expense of having it moved & set up....the 2 biggest expenses involved. If it is very old, you will see it go down hill fast. I'm not familiar with online mobile home online sites as when I owned mine, nothing was done online. I will warn you that if you buy a brand new one, you have to watch out for the sales tactics. If they offer to lower the price any, I promise you they will tack that amount onto the back side of the financing!!! Good luck!!! You might want to check into purchasing a condo too.
@Pigglies (9340)
• United States
5 Dec 08
Yes, that would be perfect. So far I've only found a couple like that, but I haven't looked in all potential areas yet. I found one that was built in the 1960s and I'm thinking that's probably too old. But you never know I guess, because maybe they were really gentle on it and kept it up nicely. My grandparents own a house from the 1940s and while some near them have had to be torn down, theirs looks great still because they are good with the upkeep. I'll keep looking into condos too. The main problem with those is that there aren't many around here that are even close to affordable. Most are $300,000 or $400,000 plus you have association dues (not that I could afford something for $300,000 before the dues!).
1 person likes this
@LadyMarissa (12165)
• United States
5 Dec 08
A 40 year old mobile home will probably have ALL kinds of problems. I haven't verified this site but you might find it helpful. It looks like it might be OK... http://www.mhbo.com
@Pigglies (9340)
• United States
5 Dec 08
Thank you so much for the link, I will check that out. I'm trying to make sure I'm as informed as possible. I know sometimes when I buy things I regret it later, so I want to make the right choice.
@ElicBxn (60162)
• United States
2 Dec 08
A used mobile home kind of sufferes from the neglect that both cars and houses suffer, besure you get a good inspection before buying one used. I believe that they kind of have an in between loan system, like 15 years. I do know that you need to check on where you get one, if you purchese from another state, make sure it can be transported into your state, or thru any states between your state and the purchesing state. Best would probably be to look for one that is already in a park and move there, then you can know what kind of park you are already in. Good luck.
@Pigglies (9340)
• United States
3 Dec 08
Definitely, I would not only want to inspect it myself but I would also want to have others inspect it who know more. My dad actually used to build houses and can tell bad workmanship when he sees it so I'll definitely make him take a look at it. I'm definitely going to purchase from the same state I plan to live in since I don't want to have to have it transported too far. And I'd prefer to just buy one that's already in the park like you said, if that's possible (some don't allow you to do that, they want you to bring in a new mobile home).
@mtata23 (354)
• India
2 Dec 08
well mobile homes is not known to exist in India. But my question is mobile homes can be shifted anywhere we like or some restrictions are there.
@Pigglies (9340)
• United States
3 Dec 08
There are a lot of restrictions. Generally you have to live in a mobile home park, you can't just decide to live on any lot of land, even if you own that land.
@inder86 (566)
• Gibraltar
2 Dec 08
well in my country i haven't ever seen a mobile home. but people who cant afford 1 lives in a rented one which is far more cheaper than to buy one. so you can think of it.
@Pigglies (9340)
• United States
2 Dec 08
I can only afford room rent, not a whole house unfortunately. Not even a small one in a bad section of town. I can't live in one room forever. The rent on a studio apartment on the bad side of town is about all the money I make in a month. So I'd need to stop eating just to afford that. But mobile homes can work out to be cheaper because they're on monthly payments (plus space rent), which is why I'm hoping to be able to afford one within this next year.