Process in Buying a Mobile Home-California
California is not only one of the most populous states, but it also has one of the highest concentrations of manufactured housing. You're about to buy a manufactured home in California's Golden State . This is a great opportunity to live in one of the most sought-after retirement and vacation areas in the country. You should prepare as much as possible for the purchase of a manufactured home before you begin.
Location and Budget
You will need to have these two pieces of information before you begin looking for mobile homes in California. You will need to have a clear idea of the location in California where you want to purchase a mobile home. A budget is also important.
California manufactured home prices can vary greatly depending on where they are located. Be sure to have an accurate ideas of the cost of homes in your area before you begin your search for a mobile home. It doesn't need to be an exact number. A range of prices will help you find houses within your budget.
The more specific you are with your search for manufactured homes, the better.
Talk to the Seller
After you have found the California mobile home that suits your needs, contact the owner for a tour. You will have the opportunity to tour the home and decide if it is right for you.
It's time for you to make an offer if you see a mobile home you like. You'll be a California mobile home owner if your offer is accepted.
The Settlement/closing process for purchasing a mobile home is very similar to what you would find in other states.
As the buyer, the title to the property and the bill of sale should be received during the transaction. A few paperwork will be required to cover taxes, insurance, community fees, as well as the down payment. The amount you pay out-of-pocket for manufactured home loans will vary depending on the type.
California Housing Rules
As we mentioned, owning a Mobile home requires you to obtain a title. You also need to register your Mobile home annually to California's Department of Housing and Community Development.