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I've been reading about new modular home kits and the like, that many companies build them nowadays to withstand the storms of Florida. But I'm wondering if there are existing modular home parks in Florida or any on the trucks? Thanks from Tampa Bay.
I've been reading about new modular home kits and the like, that many companies build them nowadays to withstand the storms of Florida. But I'm wondering if there are existing modular home parks in Florida or any on the trucks? Thanks from Tampa Bay.
What's on the trucks?
Never buy a new modular or manufactured home on a park where you pay lot rent. It will make your home worthless. They can increase rents or sell the land off and after 12 years that you are still paying for the mortgage plus lot rent it may be too old to move to a new park, and you will have trouble selling it because you will owe more than it's worth. The only other option is to find a park where you own the land and pay a small HOA fee. Otherwise it's cheaper to buy a lot and put the modular home on it. Plus if it's your lot you don't have to follow any association rules.
What's on the trucks would be the "kit." All I know is some kits or modules are built in a warehouse and then transported disassembled, and then assembled on the lot in a day or two. This is as opposed to "on-site" building, which could take weeks or months, exposing the progress to weather, etc. I read that trailers have a bad rap for weather, but some modern modular or manufactured homes are better-built and up to better codes.
I did a little research; there does seem to be a difference between modular/manufactured, mobile home, trailer, tho I read somewhere the terms are used interchangeably.
Yes, you would have to have a lot for your manufactured home, and that's why I was wondering if there were any parks as you describe with the above-described better-built manufactured homes. In some cities, if a person owns a lot, the city code might not allow a "mobile home" to live on that lot. I guess it would depend on how the city classifies those homes.
What's on the trucks would be the "kit." All I know is some kits or modules are built in a warehouse and then transported disassembled, and then assembled on the lot in a day or two. This is as opposed to "on-site" building, which could take weeks or months, exposing the progress to weather, etc. I read that trailers have a bad rap for weather, but some modern modular or manufactured homes are better-built and up to better codes.
I did a little research; there does seem to be a difference between modular/manufactured, mobile home, trailer, tho I read somewhere the terms are used interchangeably.
Yes, you would have to have a lot for your manufactured home, and that's why I was wondering if there were any parks as you describe with the above-described better-built manufactured homes. In some cities, if a person owns a lot, the city code might not allow a "mobile home" to live on that lot. I guess it would depend on how the city classifies those homes.
Thank you for your reply.
I could see this being allowed on your own land. If it's assembled there it's a modular home which is better built than a manufactured home which is a mobile home. I can't imagine a park allowing you to build it on site even if you own the lot if it's part of a community.
You cannot move a modular home once it is built. A real foundation is created just like for a stick built home. Then the modules are installed...permanently. So, you will need to own the land. Sometimes a big tract is subdivided for new homes to be built and sometimes you are allowed to build either a modular home or a stick built one. Other times it is only stick built.
As for manufactured homes (also called mobile homes or trailers in the past), you bring up an interesting point. I have seen no new mobile home parks in my part of NC in the past 20 or so years. And almost no one brings a new manufactured home to an existing mobile home park, nor do people ever "move" their used mobile homes, unless they abandon them due to bankruptcy or something.
Good to know, thanks. If a trailer is abandoned and worthless, sooner or later the thing has to be removed but the lot is still wide open to suggestions.... I can imagine sitting in on one of those park meetings.
As for manufactured homes (also called mobile homes or trailers in the past), you bring up an interesting point. I have seen no new mobile home parks in my part of NC in the past 20 or so years. And almost no one brings a new manufactured home to an existing mobile home park, nor do people ever "move" their used mobile homes, unless they abandon them due to bankruptcy or something.
There’s a park I often drive past where they have moved out an entire section of the oldest, crappy looking mobile homes and replaced them with nice looking double wides. It really improved the appearance, since they were in the very front of the park.
There’s a park I often drive past where they have moved out an entire section of the oldest, crappy looking mobile homes and replaced them with nice looking double wides. It really improved the appearance, since they were in the very front of the park.
Who is "they"? Sounds like the park owns the new nice ones, and then are going to sell or rent them? I thought each trailer was privately owned. Or maybe the park only allowed nice new ones in and the new guy's rig had to be screened first or something.
Who is "they"? Sounds like the park owns the new nice ones, and then are going to sell or rent them? I thought each trailer was privately owned. Or maybe the park only allowed nice new ones in and the new guy's rig had to be screened first or something.
Some parks have a few new ones that they put up for sale. I guess the builder sets them there hoping they will sell. I doubt they sell easily, a 3/2 doublewide will cost about $60k. Since it's on a rented lot you can't get a regular mortgage since it will depreciate so much in 30 years plus on top of that the park will charge you $700 or more for lot rent.
If they do buy 10 years later they think the home is worth $50K because that's what they owe, but with the lost rents so high and going up each year it's better for them to pay a little more and buy a new one from the park owners, who will usually offer some incentive like a month or two free lot rent. Plus if you want to buy the used $50K one you would need to come up with cash and if you have the cash you are better off buying a small home or condo and using the money for a down payment.
Who is "they"? Sounds like the park owns the new nice ones, and then are going to sell or rent them? I thought each trailer was privately owned. Or maybe the park only allowed nice new ones in and the new guy's rig had to be screened first or something.
Don’t know any of the details, I just drive past there a lot and noticed it looks a lot better now.
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