How to Buy a Mobile Home in Oregon
A mobile or manufactured home is moved in one or more sections, and may have a foundation. Mobile homes are built in a variety of sizes and floor plans. In Oregon, they are located in mobile home parks or on private land.
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New Mobile Homes
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In Oregon, mobile home dealers sell new mobile homes. Often, the dealers have showrooms highlighting the latest models. Buyers may custom order new mobile homes from dealers in Oregon.
Mobile Homes and Land
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A mobile home sold with land is considered a real estate transaction in Oregon. Real estate agents and private parties sell land and home packages.
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Repossessed Mobile Homes
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If the buyer of a mobile home fails to make the payments, the home may be repossessed by the lender. Some of these homes are sold by auction and advertised in local Oregon newspapers.
Home Condition
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New mobile homes usually have an extended warranty. Used and repossessed homes sold by Oregon private parties or dealers require careful inspection to identify any problems.
Mobile Home Financing
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Mobile home financing often differs from site-built home financing. The Oregon mortgage lender may have size, style and foundation requirements.
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References
Resources
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