Finding the perfect double wide trailer requires careful consideration and research. While local dealerships remain a popular choice, the digital landscape offers a wealth of alternatives, including online marketplaces, factory-direct sales, and even specialized auctions. The “best” place to buy depends entirely on your individual needs, budget, and level of desired customization, but understanding all available avenues is crucial for making an informed decision.
Understanding the Double Wide Trailer Market
The double wide trailer, also known as a manufactured home, presents an attractive housing option for many due to its affordability, relative ease of relocation (though not as mobile as a travel trailer), and potential for customization. Before diving into specific retailers, it’s crucial to grasp the nuances of the market. The industry is evolving, with manufacturers increasingly focusing on quality and design, blurring the lines between manufactured homes and traditional site-built houses.
New vs. Used Double Wide Trailers
The decision to purchase a new or used double wide trailer significantly impacts your buying options and overall cost. New double wide trailers offer the advantage of modern amenities, energy efficiency standards, and warranties. You often have the opportunity to customize features, ensuring the home perfectly aligns with your needs.
Used double wide trailers, on the other hand, present a more budget-friendly option. However, careful inspection is paramount. Factors such as age, structural integrity, and previous maintenance significantly affect the long-term value and livability of a used home.
Financing Your Double Wide Trailer
Securing financing for a double wide trailer can be different from securing a traditional mortgage. While some lenders offer traditional mortgages for manufactured homes that meet specific requirements (such as being permanently affixed to a foundation), others specialize in chattel loans, which are personal property loans. Understanding the different financing options available to you is vital before you begin your search. Factors like credit score, down payment, and the age of the home will influence the interest rates and terms you qualify for.
Where to Find Your Ideal Double Wide Trailer
Now, let’s explore the primary avenues for purchasing a double wide trailer:
1. Local Dealerships: The Traditional Route
Local dealerships offer a hands-on experience, allowing you to tour model homes, speak directly with sales representatives, and gain valuable insights into different manufacturers and floor plans. They often provide comprehensive services, including financing assistance, delivery, and setup.
Pros:
- Physical inspection of models
- Personalized assistance from sales representatives
- Financing options available
- Typically handle delivery and setup
Cons:
- Potentially higher prices compared to factory-direct or online options
- Limited inventory compared to the broader market
- Sales pressure can be a factor
2. Online Marketplaces: Broadening Your Search
Websites like MHVillage, Zillow, and ManufacturedHomes.com are essentially online classifieds for manufactured homes. They allow you to browse a vast selection of listings from private sellers, dealerships, and even manufacturers across the country.
Pros:
- Extensive inventory, offering a wide range of options
- Convenient online search filters
- Ability to compare prices from different sellers
- Potential for finding deals on used homes
Cons:
- Requires thorough due diligence and independent verification of listing details
- May need to arrange your own financing, delivery, and setup
- Less opportunity for direct interaction with sellers before committing
3. Factory-Direct Sales: Cutting Out the Middleman
Some manufacturers offer factory-direct sales, allowing you to purchase a new double wide trailer directly from the source. This can potentially save you money by eliminating the dealer markup. However, you typically assume more responsibility for logistics and installation.
Pros:
- Potentially lower prices
- Direct communication with the manufacturer
- Greater control over customization options
Cons:
- Requires handling delivery, setup, and permitting processes independently
- May need to arrange your own financing
- Limited physical inspection before purchase (often relying on brochures and virtual tours)
4. Specialized Auctions: Potential for Bargains
Auctions specializing in manufactured homes can sometimes offer significant discounts, particularly on foreclosed or distressed properties. However, this route requires expertise and a willingness to accept a higher level of risk.
Pros:
- Potential for significant savings
- Opportunity to acquire homes at below-market value
Cons:
- Often requires cash purchase
- Limited inspection opportunities
- Risks associated with foreclosed or distressed properties
- Requires experience in the auction process
Frequently Asked Questions (FAQs)
Here are some frequently asked questions to further guide your double wide trailer buying journey:
1. What is the average price of a new double wide trailer?
The price of a new double wide trailer can vary significantly based on size, features, and location. However, you can generally expect to pay anywhere from $80,000 to $200,000, excluding land costs, delivery, and setup fees.
2. What are the main differences between a double wide and a modular home?
While often used interchangeably, double wide trailers (manufactured homes) are built to HUD code, while modular homes are constructed to the same building codes as traditional site-built houses. Modular homes are typically considered real property, making financing easier, while manufactured homes may require chattel loans.
3. What are the requirements for placing a double wide trailer on private land?
Requirements vary by location, but generally include obtaining the necessary permits, ensuring compliance with local zoning ordinances, and having the home properly anchored to a foundation (permanent or temporary). Researching local regulations is essential before purchasing.
4. How do I finance a double wide trailer?
You can finance a double wide trailer through a traditional mortgage (if it meets specific requirements), a chattel loan, or personal loans. Shop around for the best interest rates and terms by comparing offers from different lenders.
5. What should I inspect when buying a used double wide trailer?
Thoroughly inspect the roof, walls, flooring, plumbing, electrical system, and foundation (if applicable). Look for signs of water damage, mold, or structural issues. Consider hiring a professional home inspector for a comprehensive assessment.
6. What are the typical delivery and setup costs for a double wide trailer?
Delivery and setup costs depend on factors such as distance, site preparation requirements, and local labor rates. Expect to pay anywhere from $5,000 to $20,000 or more, depending on the complexity of the installation.
7. How do I find reputable dealers or manufacturers of double wide trailers?
Check online reviews, ask for recommendations from friends or family, and verify their licensing and certifications. Look for companies with a strong track record of customer satisfaction.
8. What are the benefits of buying a double wide trailer versus renting?
Buying a double wide trailer allows you to build equity, customize your living space, and potentially enjoy lower monthly housing costs compared to renting (depending on financing terms). It provides a sense of ownership and stability.
9. What are the common challenges of owning a double wide trailer?
Challenges can include difficulty securing financing, potential for faster depreciation compared to site-built homes, and stricter regulations in some areas. Careful planning and research can mitigate these challenges.
10. Can I relocate a double wide trailer after it has been set up?
Relocating a double wide trailer is possible, but it can be costly and complex. It requires permits, professional movers, and potential disassembly and reassembly. Consider the long-term location carefully before making a purchase.
11. What type of foundation is best for a double wide trailer?
The best type of foundation depends on local regulations and soil conditions. Options include a permanent concrete foundation, a pier and beam foundation, or a slab foundation. Consult with a local contractor or building inspector to determine the optimal choice for your site.
12. How can I increase the resale value of my double wide trailer?
Regular maintenance, upgrades to kitchens and bathrooms, landscaping improvements, and adding energy-efficient features can all help increase the resale value of your double wide trailer. Keeping the home in good condition is crucial.