Mobile homes can be a great investment if you know what to look for and do your research. They offer good value for money and can cost less than an apartment per month in rent. When considering buying a mobile home from Ken-Co Homes in Florence SC, you'll need to factor in the cost of land to place it on. Buyers face housing shortages and skyrocketing prices across the country, while sellers make huge profits selling their homes and mobile homes, such as Mobile Home Sales in Lake City.
Unfortunately, this also makes mobile home owners vulnerable to natural disasters such as hurricanes, tornados, floods and fires. In 1974, the federal government passed the National Mobile Home Construction and Safety Act which changed mobile home standards significantly. Mobile home dealers like Ken-Co Homes are available if you want to compare prices or give them a list of custom ideas you're looking for. It's also possible to finance a mobile home purchase, but you should expect to pay a higher interest rate and have a shorter repayment period than with a traditional 30-year mortgage on a house built with wood.
When you buy a mobile home from Ken-Co Homes, if chosen correctly, mobile and prefabricated homes can be very profitable investments. With the red-hot housing market in most areas, many people are considering saving money by buying mobile homes. We all know that mobile homes are one of the most affordable housing options in the United States, but they can also be a big investment.
Just be sure to do your homework and learn what to look for in a used mobile home or a new prefab home.