Buying a Home

Buying a home is an exciting and complex adventure. It can also be a very time-consuming and costly one if you're not familiar with all aspects of the process, and don't have all the best information and resources at hand.

One of my specialties is representing the best interests of Palm Desert area buyers throughout the home buying process. My comprehensive, high-quality services can save you time and money, as well as make the experience more enjoyable and less stressful.

If you're like most people, buying a home is the biggest investment you will ever make. So whether you're buying a starter home, your dream home or an investment property, why not take advantage of my experience as a local market expert for Palm Desert to make the most informed decisions you can, every step of the way?

You only need one agent, I'd like the opportunity to interview for the job!

 

 

 

BUYING A MANUFACTURED/MOBILE HOME

 

Buying a manufactured/mobile home is a little different than a typical real estate purchase.

It's important to determine if the home you are considering includes the land with the purchase, or, will you be "renting the land" from the owner of the development and paying a monthly space rent.

 

Homes where you do not own the land, typically, are cash transactions. There are 1 or 2 sources for funding for these homes, the interests rates are a little higher.

Financing for manufactured homes with land purchase is available, but only from a few sources.

 

 

Funding available with as little as 3% down. Interest rates are comparable to traditional home loans.


Be sure the lending institution that provides your "Pre-Qualification" does in fact, lend on Manufactured Homes. Typically the home may not be older than 1976 and must have a "Recorded-433A retro-fit foundation". If the home you choose does not have the foundation, one can be installed during the escrow process. This procedure runs approximately $3200-3500 for the installation and permits.


 

 

 

 

The following articles provide useful information and are a great place to start if you're considering buying a home.

How to choose a Neighborhood for Your Home Search Why use a Realtor When Buying a Home?
How to Choose a Home Home Inspections Avert Future Headaches
Take Charge When Buying a Home The Basics of Making an Offer