The Best Season for Buying
There are predictable seasons where it’s better to buy and sell homes than other times of the year and buying a mobile home is no different. If you’re looking to purchase a home the best time of the year is during midsummer, the week of Thanksgiving and any time in December. You will find that not many people are looking to buy during those times and you will have less competition. Less competition means you are more likely to secure the home you want instead of someone else beating you to it. When there are a lot of people biding for the same home it creates a bidding war that will drive up the price of the home. This scenario is great for the seller but not the buyer, that’s why it’s ideal to purchase during those times of the year that have less traffic. Another way to determine the best time to view mobile homes for sale is to contact one of our agents and start with a consultation call to discuss your preferences and budget
We can help you to Determine Buying Habits
As mentioned previously December is a great time to purchase a home. Typically most buyers like to find a home when the weather is warmer, this makes moving slightly easier, but you’ll likely get the best price at that time. Many people are preoccupied with the holidays to be buying a home and that works in your favor to keep you from a bidding war.
Other Prime Times to Buy a Manufactured Home
Other times of the year that are best for purchasing are measured in days to weeks. The week of Thanksgiving if a typical lull and that’s because most people don’t want to settle on a house and then find themselves taking care of paperwork during the holiday. You can benefit by buying during this time if you have all the logistics in order so the only thing you’ll need to worry about the third week of November is the actual home purchase. With a mobile home, you’ll have to take into account the transport, set up and installation of the home along with another mobile home services. You can likely negotiate to have all of this done end of November or even early December to work around the holidays.
Buying a Mobile Home in Summer
Typically Summer can be a busy season for buying but there is a mid-summer lull. It occurs right after the initial beginning of Summer frenzy and right before it becomes busy again with students and teachers looking for new locations before school begins again. Many of those deciding to make a move before the school year begins will take the middle of the Summer to relax before they begin a big move. This is one of the best times to buy. If you choose to buy during this mid-summer lull you may not get the same price breaks for associated services as you would during the winter lull but you can still acquire a home for a very reasonable price.
You Now Know When to Buy but When Do You Start Looking?
You’re now equipped with the knowledge of the best purchasing times but when should you begin looking at homes so that you find what you’re looking for in those ideal purchasing windows?
There are several factors to consider when determining your time frame. Are you paying with cash, will you need financing, will the home be relocated and does the home need significant repairs, upgrades or maintenance?
If you do in fact need to relocate your home you’ll want to become familiar with the process, find professionals to help with the service and determine how long it typically takes.
You’ll also want to begin the process of financing your mobile home early. Have your financing plans in place three to four months ahead of the time you plan to purchase. You’ll want to begin researching possibly getting pre-approved or the various types of loans you can get in order to make the process quick and easy.