2021 HOUSING OPTIONS - What You MUST Know BEFORE Buying a Mobile Home

[@tameriajohnson1029]

I live in Indiana, finding a decent park was hard for me. I found a very nice lot all the manufactured homes are newer 2018-2021 homes with 1 and 2 car garages. I selected that lot, had my home moved there now getting a garage built on site. I love it. but you defiantly have to research well. It took me 1-year from start to finish. Manufactured homes are great options because they're cheaper, modern, and bigger in size. IMO

[@KerryTarnow]

Thats awesome, sounds like a nice place. If anyone is looking in Indiana talk to @mzjohnson_lewis

[@Nightcre]

What happens if u sell it and save for bigger then sell that for higher and sell again and again tell u get a stick built home ? And save and rent people out

[@vapeking466]

Where I live some people are buying mobile homes cheap used ones fix them up a little and rent them out for consistent monthly income. Seems to be highly profitable but where I live it's a seller's market and we have a shortage or rental and for sale homes.

[@fight2flyphoto]

My wife and I started looking for a home a month ago and with a budget of around $350k in Seattle, that would basically get us a condo of 900sqft, like the apartment we are in, or a condemned meth house. We've been greatly encouraged by what our funds could get us as far as manufactured homes can offer. Facing the daunting task now of looking for property.

[@allencolvin4320]

Get out of shittattle while you still can! If you insist on staying in King County, consider Maple Valley, Black Diamond, Hobart, Rural Redmond, or even Enumclaw. Good luck

[@TammiMorrison]

We bought property on Anderson Island outside of Steilacom. Can’t wait to put a manufactured home on it

[@moltforthecult2860]

Excluding sewage and power what is the average price to expect for the construction of the manufactured home on raw land?

[@yol6185]

What options is best to use while doing mobile house business, Renting the mobile homes or renting for sale or selling it which one?

[@Outdoorstaycations]

Thank you for this information, it made me feel a bit better about shopping for a manufactured home in this economy. Although we have land (with a cleared home site including utilities and driveway), I have been nervous to actual start shopping. I feel better now thinking I do have some bargaining power. Thank you for sharing your insights.

[@KerryTarnow]

You’re welcome! Yep you’re in a great spot as a buyer. Right now isn’t the easiest time to get a deal but most people come in looking for a home and a place to put it so you’re in a good position to shop around 😀

[@johncummings9494]

Yes, Kerry, I did hear it from you. Another excellent and informative video! You certainly cover lots of information for the listener to digest when considering whether or not they should purchase a mobile home. Thank you again.

[@KerryTarnow]

Thanks John! Always appreciate the support.

[@chuckfinley5206]

I had a backup plan. Put mine in a mobile home park. 4 years later I bought 10.7 ac of land for $13,000.00. My rent has gone from 115 to 360. My land is now worth $85,000.00. I stayed in the park to keep me close to work. Now that work is not an issue I could borrow against the paid for land to cover the move. And paying back the loan would be less than 150 a month. That amount is way less than the lot rent and actually the same as the payments on the land when I bought it. Could probably have enough to sit it on a conventional foundation.

[@chrisw3421]

this is why I read the comments... thanks!

[@chuckfinley5206]

And what's really insane, that land that was worth 85 grand a year ago is worth 115,000 now.

[@tomathiasbeauford3759]

🧢

[@christinegarriques6117]

Hi Kerry I’m new here I’m interested in a manufactured home but afraid of when there’s an hurricane I live in Florida by the way Where we are prone for hurricanes How safe are manufactured home

[@kendrabrevard1976]

I live in California and this is the route we are going, again i;m stopping and taking notes very helpful

[@LWDavis58]

I just want the right fit for the floor plan and my needs and have the lot. I don’t want a bad manufacturer. How to find the manufacturer and lowest price? Any suggestions?

[@LisadeKramer]

I am a mortgage loan lender. You are spot one with your advice.

[@KerryTarnow]

Thank you 🙌🏼

[@elizabethsanaghan2845]

I bought my mobile home in 2018 and I do not regret it at all I have a double-wide 4 bedroom 3 bath fireplace 2432 square feet I am in a mobile home park that is very well kept I absolutely love it

[@jj1985vid]

Thank you for sharing your knowledge! Excellent concise, informative video - your success is certainly going to continue...and skyrocket as more and more ordinary people realize that this market is the ONLY AFFORDABLE MARKET LEFT! - best wishes. Beginning the process of finding land for the smallest mobile home I can afford.

[@larrylucas5731]

The price of land in Texas has gone off the charts! Thanks for all the info you share with us btw.

[@KerryTarnow]

You’re welcome! Thanks for watching

[@issaa3565]

💯

[@clarissaluna6446]

I tend to find a lot of good homes but my issue is I need a 5 bedroom and their rare or I need a 4 bedroom with another room I can make a 5th in the future. Is it possible dealerships will add on a box peice to make a new bedroom on a home if it's only 4 and also if I find a floor plan I like from another dealership can I take it in and have a home made that way?

[@toddbaltimore8644]

Hi Kerry- LOVE your videos. I currently have a MH in a park but looking to buy land and put a newer one on it. In regards to your upgrade comment- having never bought new before, is the opposite also true? Can you tell them you DON’T want the stock appliance package if they don’t offer, and see a reduced price, or is it “take it or leave it, the price doesn’t go down?” I’m curious when it comes to a new MH purchase, obviously you can add anything, just pay for it-but can you DELETE things and save? I’d much prefer adding my own touches to various aspects of the home...thanks!

[@KerryTarnow]

Certain things yes, you could definitely omit fridge/stove no problem and receive a credit. However the credit usually isn't much so you have to decide if it's even worth it.

[@CarlosPerez-ow6ec]

Hi Terry good afternoon, i have a quick question, if you could please tell me if there are any trailer parks in Calgary? and in what city are they? please, thanks for this great video, it helped a lot, have a bless,

[@LearnMoreDoBetter]

Watching in 2024 and still very relevant and informative. Thanks.

[@KerryTarnow]

you bet!

[@andreacc7795]

Thanks for the tips but I am the first scenario maybe! I am looking at older mfg homes already on a lot and wondering what questions I need to ask when out looking. Obviously another video.

[@johnstancliff7328]

Kerry, that was great... what wonderful pointers. I hope your land is getting developed well and you are excited to get the job done... what kind of timeline are you looking at? hopefully, by June... I wish the best for you!

[@KerryTarnow]

Thanks John! The new lot is going well so far 🙌🏼

[@ms.apittman5557]

Hi, can you tell me if the price of a modular home depreciates overtime?

[@JL-hq3mf]

my mom and dad own land and we have a idea to having manufactured home should i check with city or town first to see if it okay to put it on the land? how do they set up water sewer and electricity to the home? would that be my responsibility to get that set up? how much would that cost ?

[@joseleos9363]

Did you figure anything out im in the samw boat as you

[@mildredwebster2822]

I believe you do have get permits. They have land laws

[@caseyd3963]

Hey Kerry I have a question, we’re looking to buy a single/ double wide but the dealers in my state have really bad reviews, people are saying the houses are being delivered damaged, missing shutters, broken lights on the outside, missing cabinets. People are saying the dealers are basically either ghosting them or telling them they are not liable These are the reviews on the 3 dealerships in my state so we are extremely nervous about taking out a loan to get a damaged house. Does anyone have any suggestions? Is there some type of insurance we can purchase? It just makes me really nervous as there’s multiple people saying it 😥

[@johnatyoutube]

Thanks for the great information Kerry. How does one determine lot restrictions if it's not in an HOA?

[@KerryTarnow]

Start with a real estate agent if it’s listed. They’ll be able to tell you if theres any restrictions on the title

[@JAVRTH]

How about if I buy the land and mobiles homes? Where do I need to find out about the potential cash flow? Realtor can change the number of R.o.i

[@chrisruiz1215]

I'm going with titan homes and my issue is I don't have utilities so they are giving me an estimate. I'm worried that's going to break my budget.

[@lonelyp1]

I lived in a MH for over 20 years. My home was in a park that went from a privately owned MH park company to a resident owned co-op park. If I remember correctly the lot rent when I first moved in was 125.00/month. This park does have PARK water/sewer, they did street plowing but damned little else for services. By the time I moved out the lot rent was 555.00/month About the same services. Still, I lived there for a long time and still sold my MH for more than I felt it was worth. In the end it came down to putting a lot of money into it for repairs, replacing the home with a new one, or buying a house and leaving the park. I chose the house and so far, I'm happy.

[@wanderwoman3882]

My son has a property with a house already on it.....if mobile homes are allowed can I tap into his utilities an septic or do I have to start fresh?

[@mildredwebster2822]

You can tap in however get a quote from a plumbing business for costs. Google it

[@ericakane5130]

Ok I live in Pennsylvania and I found land with a mobile home on it but it needs work how do I know if I should buy it or not and tips to look for?

[@KerryTarnow]

You could hire a home inspector to look at it. They’ll be able to identify any major issues.

[@ericakane5130]

@@KerryTarnow thank you I'm a single mom with 3 kids and I want to move out of Philadelphia. I also looked into buying land but so much to do with raw land and don't know if it's worth it. Thank you for your time

[@NickyKDChaleunphone]

What’s your advice for first time buyers

[@susiesmith6174]

Hi, Love the outtake!!! You should add them to every new episode!!! Take care!!!

[@KerryTarnow]

Haha thank you! I just might

[@lasvegasconventionscentral9541]

Hello 👋 it's my first time on this business .buying manufacturing home in a 55 plus park . I'm trying to learn as much as I can. T

[@julieannmaloney7187]

So the I am in the process of buying is in a really nice Park it’s just 3 miles from the beach and and just a couple miles from Ocean City it’s safe clean and quiet I’m excited wish me luck I was at the office today filling out the application to get approved to move there

[@KerryTarnow]

Good luck!

[@julieannmaloney7187]

@@KerryTarnow they accepted my offer so now I have to settle in my house because I’m selling my house and buying the new place in the same day.

[@tbucknor]

Thanx for the tips, Kerry. Can you answer why many manufacturers do not build a window into the house main bathroom(not the master ensuite)?

[@KerryTarnow]

I think it’s because they want to keep the base price as affordable as possible then people can add the things they want if it’s in their budget

[@wadebarnett2542]

I wonder if conditions are driving up the prices of existing mobile homes in parks. Traditionally, they've decreased in value.

[@KerryTarnow]

They’ve gone up a lot in my area 📈

[@niecek.6473]

Depends on the area, price go down when the manufactured homes are older ‘60-90ties or in a bad areas, they go up in more desirable locations. I bought land in Lake Havasu a few years ago. A manufactured home that was old was removed before I bought the land. Now my land is worth 5x more since I purchased. I tried to sell it a few years ago $10,000 over my purchase price and I was told I was crazy & would never get it that price! Lol, how things change 😁 great information & I enjoy watching your video’s!

[@JackYourBodTee]

They’ve gone up a whole lot in the northeast! In New Jersey specifically, a place I researched about a year ago, has gone up double or more. Insane! No chance for us at the bottom after such a drastic time we’ve experienced. Thank you again for your insightful generosity.

[@donnaskalski8608]

Can you have your mobile home taken off the lot legally? 31-1/2 years. I had it built new. New owners came in. I’m closing on a house in 10 days. They have lied to me and the applicants. No one is getting accepted

[@orangeytrain8878]

Is there anywhere you can go to specifically buy an older mobile home in person? Just wondering

[@lonelyp1]

Do you mean like a used mobile home dealership? Or buying a manufacture's demo home? Taking an older model out of the way for them.

[@maryannkom299]

20 year old mobile homes are going for 175,000 here in mobile home park. In San Diego county California, near San Diego. I pay $865 space rent. Lucky for me we bought mine about 3 years ago. Around170,000 fora 2008. It’s really pretty damn nice.Near 1500 sq feet. Today it would be more that 200,000 I think.

[@johnstancliff7328]

OMG! Mary Ann, I'm praying for everyone down there! we pay 487.00 up here in Idaho and that's considered a bargain.... apartments are leasing for a minimum of $800 month... I dread the day space rents here hit the $800.00/month mark....

[@KerryTarnow]

Great timing on the purchase! I bet it would be more than $200,000.00, prices are crazy right now

[@maryannkom299]

Considering home prices around this area START at 1/2 a million. I’m blessed to have a home. Some people living in tiny condos or even apts are paying a lot more and have less than 1/2 the space..I honestly can’t believe I’m living down here. My mother and brother both have money, and they help me out monthly. I’m disabled and it got to hard to live by myself with no family nearby in southwest Washington State. My brother owns 2600 sq foot home 2 blocks over. It’s a godsend to have him nearby. I grew up in southwest Washington, but one by one everyone left. Living in California has given me a new lease on life. It’s super expensive, but worth it. And I have no kids to care for so it’s easier to cut costs.

[@maryannkom299]

@@johnstancliff7328 Jon, down here even a tiny apartment will set you back at least $1200. And that would probably be a studio. One bedroom at least $1500. And we live almost 30 minutes NE of San Diego. Still the year round sunshine and warm weather are amazing. I’m just over 50 now and I was getting seriously tired of Pacific Northwest weather. As housing goes, a mobile gives you the most bang for your buck. My whole extended family is from Idaho. It’s so gorgeous there. Enjoy it and I’m glad you have a safe home, or at least I hope you do. Enjoy the upcoming summer,

[@scottshingleton7659]

That's a lot for space rent, you should consider buying land for your home if it's possible to do that where you live. Though I'm not sure if you're even allowed to put a mobile home on private land in California but if it is do able then I'd strongly recommend it!

[@spadyfam792]

Hey! How do I figure out if the land I have is okay to build a manufactured home on?

[@KerryTarnow]

I would ask at whatever office issues building permits

[@ocean1233]

I bought land in Maine near Canada and am very disappointed that there is hardly much to choose from re: New manufactued homes in that area. The warmer Climates have much more to choose from.

[@SEATTLEPOSEIDON32]

What model house is this in the picture

[@moistsalt]

Hows the noise suppression in one of these? I'm a musician I dont wanna disturb people.

[@KerryTarnow]

I would add insulation to interior walls, it can be done at the factory

[@devilboykillz]

im trying to buy a modular home. double wide 90k like 1400 ft. They want an extra 90k to set it up. Would it be cheaper to find my own people to set it up. What all would i need to find.

[@KerryTarnow]

It might be cheaper but not easy to find. A lot of the crews have specialized equipment that a regular builder doesn’t hav. 90k for set up does seem high…

[@rottmanthan]

ya i dont like how some places limit what someone can have, if you own the land you should be able to put what you want on it.

[@lonelyp1]

I would agree with you 100% but it isn't always the case. Some towns have rules against MH at all, single wide's anyway. Or if there is an HOA operating in the area. From what I have seen here on YT it doesn't really matter if you join the HOA or if your property is part of it, or not, they can and will still make life hell if possible.

[@shannonmcconnell9203]

You forgot the part where, if you don't own the land they can sell the park out from underneath you. Which is what they did to us. Looking for a lot to buy in the lower mainland and there is absolutely nothing.

[@notebookluvr]

I'm looking to buy a home and this is what I am very concerned about! And also the ever increasing lot rents. Now in the Denver area they're between $800-1000.

[@joshuasummers7440]

Shannon McConnell you also forgot to mention the increasing lot rents that mobile home parks have nowadays.

[@labronallen7133]

Thanks so much for these videos. They are very helpful. My question relates to what is available in appliances for manufactured homes. I have acreage in a rural area (texas). I want propane (NOT natural gas) appliances such as water heater, range/oven and heating (central air/heat). Is this an option with manufactured homes when you customize one? thanks for your time.

[@duckmann5000]

💯⭐️💯 another great episode filled with up to date info

[@KerryTarnow]

Thank you!

[@stevenblake5107]

Not to change the subject but what about manufactured homes put over a basement? Is it a big deal as far as code or is the cost the main thing?

[@tobybobo6539]

Hi Kerry thanks for these videos ! I have a question. I own my on land and have utilities, I’m planning to get financed through my local bank . My question is how much is a reasonable amount to expect the seller to knock off the asking price, if I’m basically writing him a check .

[@KerryTarnow]

It will be different from place to place depending on how busy they are and how many competitors are in the area. If they’re slammed and at their capacity not much but if they’re a big operation and can scale up easily they’ll probably be more flexible.

[@tobybobo6539]

@@KerryTarnow thanks

[@Lilthis_n_that]

Wonder if I can put one on land in Southern CA

[@justanotherwaver9065]

5:33 one thing about me is I don’t care about leverage in this situation. I rather not get played with hidden fees and being lied to. There’s always better deals and companies willing to meet me half way.

[@laurieallen4145]

crazy seeing the comments in here on lot rent..im glad i own my 2 lots daughter just put a single wide on my second lot and im looking at buying a new one duplex style and doing airbn with other side lol

[@KerryTarnow]

That’s a great idea! I think the duplex style are under utilized in real estate

[@joseleos9363]

Im in Texas my dad owns the land im looking to put a manufactured home there. Do I have to check with the City? He also has a manufactured home on the land. Also what would sewage and electricity cost

[@CemeteryGates007]

was tasked to buy a modular home in either CA, AZ, and NV. not in a mobile park.

[@chunckyfreshnut]

How much % down can you purchase a mobile home park?

[@KerryTarnow]

I’m not sure on that, I would talk to a commercial lender but my guess would be 25-30%

[@aprilrobinson3887]

Hi I’m April.. PLEASE HELP I’m currently renting a mobile home for the past 5 years and about to buy.. the appraisal was done and my mobile home is worth 34k but I was originally told I could buy it for 47k.. now that it’s a sure thing that I’m buying the price has now jumped to 60k for my trailer and that’s without them coming in and doing any upgrades at all.. all of this feels weird and fishy could you or someone reading this who’s super knowledgeable tell me what you think is going on.. and ok cool if they have the asking price at 60k wouldn’t it be ok for me to negotiate them including all my upgrades that I need within that 60k which is a little over 28k from its a appraised price.. this is my very first time buying a home and really kinda learning but want to make all the smartest moves possible to not “get got” so to speak lol.. Thank you!

[@williamoxendine6121]

I looked at mobile homes or buildings by the time I paid for a double wide I would have as much in it or more as a house once off the lot the value drops a house goes up plus you on some one else’s land you have to move it’s a fortune to move

[@issaa3565]

So here we are 30 days after signing our contract on a future new build and seller sent over an amendment. Building is delayed (we weren’t expecting an update on that until later this summer since we were set to close on 8/26). Now they’re saying building won’t be on the lot until 11/25 and closing pushed to 12/9. 😞😩

[@KerryTarnow]

Yikes! That's a big delay, sorry to hear that... Hopefully you have a place to stay till then

[@arttaggerr2233]

Sometimes folks just have to face the thought of moving to another area where homes are more reasonable. Hint: Try OLD Bullhead City, Arizona. You can STILL buy a mobile home of your own for only $100,000. That’s right, only one hundred thousand, AND that includes the land it sits on, approx. 50’x100’. Seriously, you have the Colorado River a mere walking distance away, with nine gambling casinos on the river bank across the river in Laughlin, Nevada. And we’re only 90 miles south of Vegas. Water taxi’s move people from one casino to the other, for those who don’t drive. There’s plenty of water sports (fishing, jet skies, etc.) and the best Springtime in the nation.

[@Zcolaramat]

Have you ever heard of a mobile home community putting restrictions on what you can have in your window as a owner?

[@KerryTarnow]

I have not. Give me an example

[@Pressplay_Media_EU]

The TPB reference well said

[@JimboBABBAU]

I would not buy a manufactured home under any circumstance. I inherited one and trying to get a cash out refinance on this thing is brutal.

[@tb1235]

We went on a mobile home lot to look at our options. The lady was disgustingly rude and told us we couldn't see any of the models (even though they were 45 minutes from closing for the day), needless to say we went for an already established mobile home on 1.5 acres in the Tampa Bay area and let me tell you for all the "mobile homes are cheaper" talk it wasn't cheap to us but it appraised and we have a new home now. Also, Florida is getting pretty expensive thanks to the mass migration. My wife and I looked at each other and just said oh well on not buying sooner. A lot of buyers are in the same exact boat and honestly for how much people are screaming about interest rates in my view it's not going to change too much. There are way more buyers than homes available still and so many are paying cash it's mind boggling.

[@KerryTarnow]

Crazy I wonder what her issue was…? Glad to hear you were able to find something! Congrats on the purchase 🙌🏼

[@tb1235]

@@KerryTarnow Thanks! I probably should've said manufactured instead of mobile since the home is from around 2000. Still working on the nomenclature.

[@bettybeth5261]

@@tb1235 I’m looking to buy a Manufactured Home sitting on a acre of land near Tampa Fl I was told by the lender and realtor that for some reason manufactured homes requires 5% on downpayment and closing cost instead of 3.5 % on most cases, is that correct?

[@davajames5839]

Thanks for the info. We’re looking

[@tonyasimon1172]

Love the end! 🤣🤣

[@deborahtankersley4409]

Looking in Aiken ,S.C. Looking for a 2 bed & 2 bath. Thank you Debbie Tankersley

[@KerryTarnow]

Thanks for watching Debbie

[@iden123]

Thanks, senior on very limited budget.

[@KerryTarnow]

You bet, thanks for watching

[@patmat.]

3:46 You could have given a price window and a couple of examples, I mean what's a buying guide video w/o price...

[@marktheunitedstatescitezen185]

Thanks for the Heads up !

[@KerryTarnow]

You bet!

[@bri8634]

Sucks right now to finance one because the government is screwing us with inflation and high interest rates What should cost $1100/month for a 1800 sq ft double wide costs $1300 instead when the cost to build the damn thing is half the selling price Makes no sense. I would expect to pay over $1200/month for a stick build house in a neighborhood

[@caker641]

HAHAHA great ending

[@KerryTarnow]

Haha thank you 😂

[@elcuhangeltv]

There's always free mobile homes in America

[@Treyz16]

your audio is too low

[@alexlecute]

I used to love mobile homes because of the very affordable side of thing but it literally changed overnight after COVID-19. Here is my story: I had a house which I lost following a divorce. I planned to downsize and buy a cheap mobile home for at least for a few years. I started looking at them and being from Ontario, one place I looked was Clarks mobile home, situated in Sarnia or this area. Prices were fair, for only 70 000S I could have a 70x16 ft. And the lot was full. I left the country for few months during the pandemic for work and I planned to buy the house when I came back. Surprised! The EXCACT same model, still in the lot, went from 70 000 to 160 000$ OVERNIGHT! In one night, it more than doubled. Now I understand the pandemic and housing market went crazy, but I do not see any excuse on how a house can more than double in value in one night. Following this, I lost respect for manufacturers and at this point I am just going to built it myself. A mobile home, including the land, should not cost 250K. At this point, either built or buy a conventional house. But anyways, I love your videos, keep it up and it gives me ideas for the future!

[@getyourfeelgoodbackbjones1576]

Thanks

[@KerryTarnow]

No problem

[@hentsydesigns9046]

Why am I listening to a canadia?

[@Daniel_B_23]

Can you get a hot bath or shower with anti scald valves? I’ve heard horror stories

[@KerryTarnow]

I haven't seen that on our options list... Maybe from some factories though

[@Daniel_B_23]

@@KerryTarnow found out it’s a HUD option after 2005

[@blacjackdaniels200]

These people doing it for an investment.. or a vacation home. I’m doing it because I need to fucking place to live.

[@KerryTarnow]

Thanks for watching

[@REAL-ow3nu]

So much talking and really no information.

[@ms.blanche8578]

Hahaha it’s sails away into......stupid. 😂

[@KerryTarnow]

Hahaha 🤪

[@seawallbreeze9616]

are you a man or woman ?

[@KerryTarnow]

LOL 😂 😂 😂

[@tomdelaney25]

those things are junk your way better off buying a house

[@AndrewLee-iz2ic]

not really.. just depends on what you expect... i mean lived in a ton of drywall singlewides that are very nice.... its all about maintained and the home owner