Did you know that a new manufactured home (also called a mobile home) costs an average of $128,000, whereas a stick-built house of the same floor size and quality is around $550,000?
Simply put, mobile homes are an excellent housing option for young families and first-time home buyers who may find traditional houses too expensive for their income.
If you’re looking for mobile homes for sale in Galt, CA and don’t want to be skimping on quality and design, check out this family-friendly mobile home community called Galt Mobile Estates, which is nestled in the southern Sacramento Valley and off highway 99.
What are the benefits of mobile home living for young families?
First things first–if you want to reap the full benefits of mobile home living, make sure that you choose a well-maintained community that offers amenities and facilities such as recreational areas, playgrounds, libraries, walking trails, gardens, etc.
Continue reading below to learn more about the benefits of mobile home living for young families.
Family-oriented mobile home parks don’t just invest in playgrounds, libraries, and other kid-friendly facilities but also implement safety protocols. Some management even conducts background checks to ensure the safety of all residents.
Reliable and strong construction
Modern mobile homes should meet the strict building codes developed and implemented by the U.S. Housing and Urban Development (HUD). This means units should be made of quality construction materials that allow them to withstand hurricanes and earthquakes.
In the past, mobile homes were seen as shoddy housing options. Nowadays, this is far from the truth since they even contain up to 20-30% more construction materials than an average stick-built house as they need to be strong enough to withstand the “stresses” of transportation from the facility to the land where they will be installed.
In short, manufactured homes are an excellent housing option if you’re on a budget but don’t want to skimp on quality and design.
Clean and pristine neighbors
Family-oriented mobile home communities have property and maintenance managers who make sure that the landscapes, playgrounds, swimming pools and other shared facilities and amenities are always in pristine condition.
They also enforce community rules and regulations to keep the streets and gutters clean, and require residents to keep everything within their property looking its best.
Land lease in mobile home parks typically ranges between $300 and $800, depending on the location, mobile home size, and other factors. Nonetheless, this price range is significantly lower than most rental apartments out there. Choosing mobile homes for sale in Galt, CA will lead to big savings on your housing expenses.
Flexible financing options
With the growing demand for mobile homes, it’s not surprising that lenders and government agencies are offering flexible financing options to help more families buy their houses.
These are the financing options you may want to consider when planning to purchase a manufactured home:
Personal loans. They usually come with a maximum cap of $50,000 and have a higher interest rate and shorter repayment term than traditional mortgage loans.
VA loans. This is a great loan program for veterans planning to buy their homes. With this financing option, you can get up to 100% financing and a repayment period of 20–25 years.
FHA loans. While this financing option comes with better interest rates than personal loans, if you want to qualify, you need a credit score of at least 580, a debt-to-income ratio of 45% or less, and a steady income and employment history.
Rent-to-own. This means that a portion of your lease payment goes toward the building equity, which results in a higher monthly payment than your neighbors. However, this is an excellent financing option if you don’t have a good credit score and/or you want to improve your credit rating.
In Galt, CA, mobile home living offers many perks, such as an affordable but quality lifestyle, a tight-knit community with excellent amenities, and home ownership.
With home ownership, you enjoy financial stability, tax deductions and a sense of belongingness in your community. This is an ideal environment to raise your family.
Visit Galt Mobile Estates today and see how this quaint community caters to the needs of young families by providing these facilities and amenities:
- Communal lawn space
- Community clubhouse with a full kitchen and cable TV
- On-site laundry
- RV storage
- Guest parking space
If you have questions, you may send us a message through this form. We’re happy to help and answer your inquiries and be your partners in finding the right home for your family.