When you get married, the next step is to buy your first house. When you start searching for a starter home, you quickly realize how expensive they can be. Mobile homes may be an option to take into consideration if you want to create a warm, welcoming environment you can look forward to coming to each and every day. Learn more about why a mobile home makes such a great starter home in the guide that follows.
Don’t Have to Worry About the Homes Condition
When you purchase a stick-built home as a starter home, you more than likely have to buy it in used condition, if you are on a budget. This means that there could be a lot of things that need to be repaired in the near future. When you purchase a mobile home, you can get one in brand new condition for a much smaller investment. The home will be in great condition from the start so that you don’t have to worry about paying for costly repairs right away.
Mobile Homes Are Affordable Price
The asking price for a mobile home will be much smaller than just about any traditional home you can find on the market. There are even some mobile homes that are available in used condition to cut down on your buying price even more. If you spend less on the initial purchase of the home, you can build a nest egg to fall back on if things get tough financially in the future with the extra money you have every month.
Mobile Homes Are Easy to Finance
Since mobile homes cost less to purchase, most lenders are more willing to finance them. You do not have to worry about having a huge down payment for the home you want to buy. Since there isn’t a huge down payment, you only have to save for a short period of time or may even be able to finance that too. This makes it much easier to get the starter house you need and want.
Affordably Power Your Home
The small size of mobile homes makes them inexpensive to power. They are all on one level, and you can choose upgrades that make them more insulated to trap in heat and cool air to keep costs down. You will pay a fraction of the electricity costs that you would pay if you have a traditional home when you own a mobile home.
Mobile Homes Are Inexpensive to Repair
The cost to make repairs on a stick-built house can be huge. The pipes are often difficult to get to, and when something goes wrong with the electrical components of the home, they can be difficult to find. In a mobile home, all of the elements that make it possible to function in the home are easy to access and often very affordable to have repaired or replaced if needed.
Save Time When Cleaning Needs to be Done
When you’re first starting, you won’t want to spend all of your free time cleaning your house. A mobile home will take very little time to clean because it is so compact in size, and there is so much open space inside of it. This allows you to have a neat and orderly home without having to dedicate hours out of your week to maintain it.
Available in a Variety of Sizes
Many people think that when they buy a mobile home, they are restricted to a single bedroom home, but that isn’t the option. Mobile homes are available in various sizes so that you can have as much or as little space as you want. There are single-wide, double-wide, and even triple-wide mobile homes available so that you can have four or even five bedrooms within your home if you need them.
Mobile Homes Are Easy to Upgrade
Once you become established and have more of a disposable income available, you can easily upgrade a mobile home. The floors can be replaced with hardwood flooring, the appliances can be upgraded, and you can even replace the siding to a more energy-efficient option without having to spend a ton of money out of pocket. This means that as your family’s needs change, your home can change too.
Can be Moved When Needed
If you have to relocate for your job, you need to be able to have somewhere to live. Many mobile homes are completely transportable so that you can move them from one place to another if needed. This allows you to be flexible with your lifestyle so that you can always live wherever you want to live. You will have to pay transportation fees to have the home moved, but they will cost far less than it would buy a new home in a different location.
Mobile Homes Are Easy to Sell
If you decide that you want to upgrade to a larger mobile home or simply want to purchase a stick-built house in the future, your mobile home will be easy to sell. Mobile homes are designed to last for quite a long time and still home much of their value. Many dealers will allow you to trade your home in for a newer model if you decide to upgrade to a newer model in the future. If you want to sell the home, you can sell it yourself online or through a real estate agent as soon as your home loan is paid in full.
It’s important to remember that you don’t want to start your life off deep in the throes of debt. Many people make the mistake of investing in a home that is beyond their budget and struggle for many years to try to stay afloat. Starting with a home that is within your budget or even under your budget can serve as a great way to get your financial footing to create the most stable life for you and your family as possible. A mobile home can be a great starter home for anyone who wants to own a home but doesn’t want to have to pay it off for twenty or thirty years down the road.