Have you decided to move to a mobile or manufactured home? A move is definitely a big decision for a family, but you can be excited about the opportunities that come with such a change. If you’re not sure what to expect once you get there, we have some answers to the big questions you may have before making this big move. Here are just some of them:
Should you get a mobile home or stick to a traditional site-built home?
There are many reasons to consider a mobile home. You may be interested in moving it to another location, or you might want to save money on construction costs. Mobile homes are also easier to maintain than traditional site-built homes because they don’t need repainting or resealing as often.
While there are benefits associated with owning a mobile home, there are also drawbacks you should consider before making your final decision:
How much will my taxes be?
In most cases, you will pay more in taxes for a mobile home than if you bought a site-built home. That’s because mobile homes are classified as personal property and not real estate. As such, they are not subject to property taxes like regular houses and apartments are; instead, they’re taxed as personal items like cars or furniture.
The good news is that your monthly payment won’t be higher than it would have been if you had bought on land–and most likely much lower than it would have been if purchasing land had been an option in your area (because of high prices).
What do I need to know about insurance?
The most important thing to know about insurance is that it’s not the same for everyone. Insurance companies can have different rules and rates, so it’s important to shop around. If you’re moving into a mobile/manufactured home, be sure to get quotes from several companies before making your final decision.
Mobile homes are more likely to be damaged by wind/storms/tornadoes/severe weather than site-built homes and if they are stolen or vandalized, there are fewer resources available for repair or replacement since they’re less common than site-built homes.
So make sure that whatever policy you choose includes adequate coverage for these risks as well as standard items such as fire damage and theft/vandalism (depending on where you live). Also, even if you have all the riders covered under your policy, make sure to stay vigilant, and install security features around your manufactured home, since it will make it easier for you to get cheaper rates with the more security systems you have in place!
Are there any disadvantages to living in a mobile home park?
There are, however, some disadvantages to living in a mobile home park. For example:
- Mobile home parks are often located in less desirable areas. If you want to live in a nice neighborhood and own your own house, then you may not want to move into a trailer park, rather you could buy land, and opt to purchase a manufactured home to place on your land
- Mobile home parks can be noisy because they’re close together and there’s always activity going on around them (people coming and going, kids playing)
- These parks can sometimes be prone to flood risk, while not having the best connectivity to important infrastructures
- If you are moving to a mobile home community that doesn’t have a residents’ association, then you might be susceptible to being taken advantage of by the park owner
- They can also be crowded if there aren’t enough spaces for everyone who wants one – this means more people will have to share space with each other than if there were fewer homes per acre of land. This might not bother some people but others might find it uncomfortable or even unsafe!
However, don’t let this get you down, because…
Mobile homes are a great option for many people.
They are easy to move, maintain and affordable. Mobile homes are also safer than traditional homes because they have fewer hazards such as lead paint and asbestos that can cause health problems if not properly maintained or removed.
Additionally, mobile homes are energy efficient because they use less electricity than other types of housing do because there is no need for air conditioning in most areas where these homes are located (except during extreme heat conditions).
Mobile homes are extremely design friendly, and can be customized the way you want if they are modern units. You can also install energy saving devices and appliances to save even more money in the long run!
If you’re considering a mobile home, we hope this article has given you some insight into what it’s like to live in one. Are you excited about your new home? Make sure to get in touch with us at CoverTree, so we can give you the best insurance rates for your mobile/manufactured home!