How to Buy Land for Manufactured Homes

Video Transcript

"Buying land for a manufactured home can be a difficult thing to do. I'm Richard Blake in Clearwater Florida and I'm here to explain to you how you can buy land for a manufactured home. First thing you want to do is contact your local real estate agent and ask them for a list of properties that are available. You want to make sure that this properties are zoned for manufactured or mobile homes. If your not paying cash for the property. Your going to want to check with your lender first to make sure that there loan programs available. For the certain neighborhoods or communities that your interested in. Often is does prove difficult to get financing for these types of lots. So if you are not planning on purchasing with cash. I highly recommend you contact your local mortgage broker immediately or go to the bank. Ask them if they do have loan programs for these certain types of properties and that's going to save you a lot of time. Just to find out if it's possible in the first place and then your real estate agents going to be able to point you in the right direction.Of which communities are actually zoned for the manufactured homes. They can also do a comparative market analysis. On those communities for you so you know what the, what the most recent sales are and what the current market values are for those lands. In order to make an educated decision. On what your purchase price is going to be or what offers going to be. OK, again I'm Richard Blake in Clearwater Florida. I hope that helps you out a little bit on how purchase land for a manufactured home. You guys have a great evening."