Purchasing a manufactured home can be a blessing for a first-time buyer because of the low price. There are other factors to consider, however. Financing on a manufactured home can be very difficult, if not impossible, and insurance can be hard to find as well.
If purchasing a manufactured home for retirement, the financing will probably not be an issue but make sure you research insurance costs before buying.
And keep in mind that the re-sale of a manufactured home may be more difficult than a standard property because of these challenges.
There is an abundance of manufactured homes in Hernando County on Florida's Nature Coast. Some are in retirement communities such as High Point and Brookridge in Brooksville. Others sit on large lots or acreage and give the person who prefers some land an opportunity at home ownership.
So if you're thinking of purchasing a manufactured home, just make sure you have your financing in place and have found insurance before you choose your dream home.
