It’s Only Money … Unless It’s Your Money – Avoiding The Money Pit
In our first installment of Trailer Trash to Trailer Ca$h we discussed choosing the right 55+ community as concerns location, rules, amenities and lifestyle. We discussed talking to a professional, like Michelle Waldron with Sunshine Mobile Home Sales, to help you through the maze of services, amenities, rules and prices you’ll encounter during the purchase of your new home or investment property.
With this installment, as promised, we’ve going to give you a few pointers on the major pitfalls to avoid before making your purchase. So, let’s start with item one, the roof over your head.
There are several different kinds of roofs on manufactured homes. But they all have one thing in common … they are expensive to replace. Many roofs just need a little reconditioning but if there is a serious problem, it is not uncommon for a new roof to cost $3,000 to $5,000. While you may have to spend a few bucks, it will pay you dividends to have a professional come out and inspect the roof. Even if you don’t like what you hear, it’s better to hear it now than after your purchase.
Next, remember this is Florida and you need to be able to keep your cool. That means air conditioning. Before you jump into a manufactured home you need to know the condition of the air conditioning unit. If the unit has central heat and air, make sure that the unit is in good working order and not on its last legs because a new central unit can easily set you back $3,000 to $5,000, which is fine as long as you know it up front and have planned for it. But that’s the kind of surprise you don’t need the day after you close and move into your mobile manse.
Always be certain to inspect the flooring for soft spots, water or insect damage. If the floor is “particle board”, be extra diligent in your inspection. If the home is furnished, it may be necessary to move the furniture to ensure there is nothing being “hidden”. Plywood is a much better product and less susceptible to plumbing leaks and humidity. Removal of the old subfloor and replacement with the new can easily set you back another $3,000 to $4,000.
Now there are other potholes along the road to happiness with your new digs, but if you can avoid these canyons, it’ll get you a long way down the road toward finding the right home, in the right location, with the right amenities and at the price you want to pay.
In our next installment Trailer Trash to Trailer Ca$h, we’re going to talk about the differences between a stick built home and your new manufactured home. There are certain things that you can do in a stick built home that just won’t work in a manufactured home. Not knowing these facts can cost you a lot of time, money, and more aggravation than you will every want to encounter.
Until next time, we’ll see you at the beach or catch you at the 19th hole.
Newly Listed Properties
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