Thinking about moving your trailer home to a new location? There is much to consider in factoring in the cost of moving a mobile home. Most people start with the question of the cost when contemplating a move. First, let’s be clear that we’re not talking about moving a trailer from the manufacturer to its first installation site. No, we’re addressing the costs of relocating it from one installation site to a new installation site.
What are The Hidden Costs of Moving a Trailer?
1. Perceived Value Decrease
A cost to moving a manufactured home that should be considered is that of a perceived value hit. That is, a home that has been relocated may be viewed by potential buyers as a purchase to avoid. In that way, the home loses value, even though an appraiser may not assign a dollar amount to the event. It will not be as easy to sell a relocated trailer.
2. The Hidden Cost of a Shrunk Lender Pool
Some lenders will not finance mobile homes that have been moved once and will not even look at writing mortgages for trailers that have been moved twice. This results in a smaller pool of lenders available for potential buyers when it comes time to sell the home. A hidden cost of moving a manufactured home is that fewer buyers will be able to purchase the home and you may be forced to drop the price.
Prefer to Sell Quickly and Buy Another?
You may be re-thinking the idea of transporting your trailer to a new place. Perhaps the costs are taking you by surprise, and it seems not worth moving the home despite your need to do so.
Here is another option.
Let us buy your home as-is. With the cash, you can perhaps purchase another home in the new location.
We are investors with over 12 years of experience in the real estate market.
We’ve completed over $26 million of transactions to date and have built our reputation for fair offers and client respect in the industry and community.
How does the process work?
- Click on one of the “Request Offer” buttons on this page.
- Submit your information, and we’ll call you within 24 hours.
- We’ll set up a time to visit your home and do a basic inspection. The purpose of the inspection is not to catch all flaws and damage; the goal is to help us assess the value so we can make you a fair offer.
- We’ll make you an offer for your home as-is, with no repairs or work required. If you accept the offer, we’ll get the ball rolling with our title company and schedule a close in as few as seven days (or whenever you want).
- At the closing table, you’ll receive a check that you can take straight to the bank.
Wrapping It Up
The risks and cost of moving a mobile home can be significant. Understand all the numbers—upfront and hidden—before pulling the trigger on the plan. If it sounds good to simply sell the home, get a check, and start again, give us a call. We can help.