Last Updated on June 7, 2023 by Cooper Hayes
Scoring yourself a three-bedroom home on a $5k budget sounds so out-of-the-box, many first-time homebuyers would find the notion ludicrous. But finding mobile homes for sale under $5000 is one of the smartest real estate investing moves you can make to secure a new abode and keep your pocket smiling at the same time.
Typically cheap mobile homes are pre-loved, but there are plenty of lovely options for sale that are in good shape and can be found in a reputable house area. When it comes to finding used double-wide mobile homes, there are multiple avenues you can take.
In this article, we will explore how to find double-wide mobile homes for sale and why they make a better investment than traditional houses so you can turn the dream into a reality (before everyone else catches on).
Double Wide vs Single Wide Mobile Homes
The main difference between double wide and single wide mobile homes is their size and square footage. The home type single-wide dimension usually spans between 12-15 ft in width and can be towed on a single trailer to its new site. On the other hand, double-wides are about 20ft in width and get towed in two separate units that are joined together once they arrive at their new site.
Double-wide units offer tenants a larger, more comfortable living space. Because they are bigger, they are more likely to come with advantages such as three-bedroom spaces, two-bathroom units, or a wood-burning fireplace.
Where Do I Find Affordable Mobile Homes?
There are a few ways you can search for used double-wide mobile homes for sale under $5k. Each of these methods has its own set of benefits and drawbacks, so it’s important to weigh your options before making a decision. Consider what your end goals are as well as the resources you have available. Ultimately, the best way to find affordable mobile homes is to weigh up all of your options and choose the method that’s right for you.
Customized Search With A Niche Realtor
Finding a niche relator who can customize a search to help you find the style of property you are looking for – and with a price tag that suits your budget – is the best way to find good deals on a mobile home asap.
These professionals understand the market and can help you find the perfect home for your needs. They can also answer any questions you have and provide guidance throughout the entire process, which takes a huge burden from your shoulders. Working with a niche realtor may be the best option for those who want to save time and energy. Plus, you can rest assured knowing that you’re working with an expert in the field.
San Antonio Texas Homes For Sale are efficient and proactive in finding mobile homes that cater to the needs of our clients. We have extensive knowledge of mobile homes and the San Antonio real estate market. If you want to skip the hassle of long hours spent refining mobile home searches and tiresome negotiations, get in touch with San Antonio Texas Homes For Sale today.
General Online Search
Sure, you can check real estate listings on websites like Zillow, or straight to Google when you are looking for mobile homes for sale. When you opt for a general search, you can discover just about everything on the market!
However, when conducting a generalized search, you won’t have access to an agent who understands your needs. Therefore you will be required to spend more time sifting through the options before you find the perfect mobile home.
While you can find some great deals, a general search may pull up more results that break your $5k budget, essentially limiting your options. However, if you are more flexible on the pocket, this option may be right for you.
Drive Around and Look for Deals
If you have the time to shop around and you’re not in any hurry to get into a mobile home, you could dedicate some time to driving around neighborhoods in your area, looking for signs that advertise used double wide mobile homes for sale under $5000.
The number of people selling their homes this way can be surprising, and you may even be able to negotiate a great cash deal if you’re willing to deal directly with the owner. Of course, this method will only work if you’re able to find homes that are actually for sale.
It may take some time and effort to find exactly what you are looking for, but if you’re patient and persistent, you should eventually be able to find a great deal on a used double-wide mobile home. If driving around doesn’t bring many results, you can always go back to a more direct approach such as working with a realtor that specializes in mobile homes for sale.
Keep in mind that nowadays, there are many alternative real estate marketing ideas popping up, like social media advertising. For example, Facebook offers a few different ways that you can go about finding used double-wide mobile homes.
One of these is to search for relevant groups and pages that deal with real estate or housing. Certain groups provide a forum for like-minded people to connect, share their interests, and provide solutions to challenges others in the group may face.
Another option is to search for specific keywords, such as “used double wide mobile homes” or “affordable mobile homes.” If easy relocation is important for you, include the area close to where you wish to purchase the mobile home in your keywords.
What Makes Mobile Homes So Appealing?
Whether you have acquired a plot of private land and you want to maximize its appreciation, or you simply seek a secure place to live without the hassle and drama of long-term expenses, mobile homes for sale offer an accessible solution.
There are several benefits to choosing used double-wide mobile homes over traditional homes. For one, they are typically much more affordable than new homes. Additionally, they can be customized to your specific needs and taste, and they offer a high level of flexibility when it comes to moving or making changes.
Mobile Homes Can Be Financed
Contrary to some mistaken beliefs, you can get financing for mobile homes. With a Section 8 voucher, the US Department of Housing and Urban Development (HUD) offers federal housing assistance to cover the full cost of a manufactured home.
Alternatively, some banks that originate their own loans may offer assistance to purchase a mobile home. Bank loans tend to offer more flexible loan terms than government or private lenders.
Lowered Ongoing Expenses
Sure, a mobile home price is significantly less than what a typical home price would be. But on top of saving money on your down payment, keep in mind that a bigger mortgage that comes with traditional housing will incur greater ongoing expenses such as property taxes, insurance rates, and interest rates as well.
If you are a cash buyer with a nest egg tucked away to invest in your next property, you can score a great cash deal on mobile homes.
Larger homes are more expensive to heat and cool, whereas mobile homes offer cheaper overall utility costs. This provides huge long-term savings advantages to investors and homebuyers who have other dreams to chase!
Mobile Homes Can Be in Nice Neighborhoods
One of the benefits of used double-wide mobile homes is that they can be found in a variety of neighborhoods. Whether you are looking for a quiet and secluded spot or a bustling community with plenty of amenities, there’s sure to be a used double wide mobile home – and space – that is perfect for you.
Particularly if you want to raise a family in your mobile home, the location of your mobile home will be a priority consideration. School attendance zone boundaries will be available from your local schools, and you may want to check with the applicable school district before deciding on your preferred location.
Used double-wide mobile homes come with multiple advantages over traditional houses. They are more affordable in the short and long term, they offer flexibility in the location of your home, and you will have a larger living space than a single-wide mobile home.
There are various approaches you can take in the searching phase. However, if you are short on time and prefer to take an avenue that provides you with the best outcomes as quickly as possible, search through a niche-specific realtor like San Antonio Texas Homes For Sale. We apply our local knowledge and market expertise to drive ideal results for clients searching for manufactured homes for sale in Texas.
Sometimes you can even use the mobile home as a vacation rental, and I’ll write a separate post about this soon.
If you want to find the perfect property at an affordable price, without the stress and hassle of a long search process, contact San Antonino Texas Homes For Sale today.
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