My SO and I are in the market for a home (the market is insanely competitive). We found a home that checks a lot of our boxes, but it’s manufactured. Our realtor warned us against them and I don’t understand why. Something about financing being different?
In: Economics
the biggest issue is that you buy a MH but rent the land that is sits on (there may be rare exceptions). And despite their names, MH are not really mobile. Once they’re put in place they tend to stay. That puts you at the mercy of the person who owns the land your house sits on.
They are also cheaply constructed and will not maintain their structural integrity over decades like a (well maintained) house will.
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