by Krystal Russell

Created on: November 25, 2008

After years of cramped apartments, annoying roommates, and high rent, the idea of owning your own home can fill your brain to the point of bursting. First time home buyers should consider the benefits of purchasing manufactured housing before applying for a home loan.

Going Mobile can save you money from the start:
Buying manufactured housing can save a lot of money compared to buying a regular house. Depending on location, lot size, and the house's condition, a house can cost upwards of $110 a square foot. If you'd rather build your house, you'll still spend at least $80 a square foot. Mobile homes cost roughly half as much, and it's easier to find land suitable for mobile homes.

Mobile homes can be custom homes too:
You can customize your mobile home with skylights, fireplaces, bay windows, whirlpools, built-in bookcases, and entertainment units - virtually any feature available in a custom site-built home. Now that manufactured housing can come with awnings, decks, and pitched roofs with shingles, many people can't tell the difference between a mobile home and its traditional home neighbor.

Get peace of mind for less than you think:
Mobile home insurance policies can cover much more than traditional homeowners insurance, and be a lot less expensive as well. In many cases, mobile home insurance will still apply even if you take off the axels and wheels, setting the home on a permanent foundation. Research quotes from agencies experienced in mobile home insurance. You will enjoy better service and benefit from the knowledge of an agency that specializes in insurance for mobile homes.

Going Mobile is also cheaper in the long run:
Because mobile home loan packages are treated like a mortgage, you can often get a lower interest rate than you might for a traditional home loan, potentially saving yourself thousands of dollars over the course of loan.

Many new manufactured homes are built to last:
Although not every mobile home is built the same, higher quality standards have paved the way for sturdier homes built to withstand tornado season. Many manufacturers, like Deer Valley Homebuilders, take pride in building energy efficient, "heavy-built" custom homes from materials at least as sturdy as traditionally built homes.

Choosing the perfect first home is a huge decision to make, but with so many benefits to purchasing manufactured housing, perhaps a mobile home is an option you'll choose to consider.

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