Are Double Wides Considered Mobile Homes: A Clear-Cut Explanation

Unveiling the Intricacies: Are Double Wides Considered Mobile Homes: A Clear-Cut Explanation

Key Takeaways:

  • Double wides are mobile homes with two sections joined into one structure.
  • A steel chassis is required for transportation.
  • They typically exceed 20 feet in width and 90 feet in length.
  • Movement is more challenging compared to single-wide mobile homes due to multiple sections.

Are Double Wides Considered Mobile Homes?

are double wides considered mobile homes

Defining Double Wides

Double wides are a type of mobile home consisting of two equal sections joined to form a single structure. Due to their larger size, they typically exceed 20 feet in width and can extend up to 90 feet in length.

Mobile Homes: A Classification

Mobile homes, including double wides, are classified as movable structures designed for residential use. They feature a steel chassis to facilitate transportation and are typically located in mobile home parks or on privately owned land.

Key Characteristics of Double Wides

Double wides share key characteristics with single-section mobile homes:

  • Built in a factory, transported to the site, and assembled on a foundation
  • Designed with features and amenities similar to traditional homes
  • Generally less expensive than site-built homes

Differences from Traditional Homes

Despite their similarities, double wides differ from traditional homes in certain aspects:

  • Mobility: While transportable, double wides are more challenging to move than single wides due to their multi-section design.
  • Lending: Financing options for double wides may be more restrictive compared to traditional homes, as lenders often consider them less permanent.
  • Property Value: The resale value of double wides tends to be lower than that of site-built homes, but they can still appreciate in value over time.

Conclusion

Double wides are considered mobile homes because they meet the legal definition of a mobile home and share the key characteristics of this classification. Their mobility and factory construction set them apart from traditional homes, but they offer an affordable and comfortable housing option for many families.

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Legal Classifications and Regulations

Let’s understand the legal distinctions and regulations surrounding double wides. By understanding these classifications, you’ll gain a clearer perspective on their unique characteristics and standing within the housing market.

Key Takeaways:

  • Double wides fall under the category of mobile homes.
  • Manufactured before June 15, 1976, they are considered mobile homes.
  • Built after this date, they are classified as manufactured homes.
  • Double wides are wider than single-section mobile homes, offering more space and amenities.
  • They share characteristics of both mobile and traditional homes, but differ in terms of mobility and financing options.

Citations:

Considerations for buyers and sellers

are double wides considered mobile homes

Double wides, wider than their single-section counterparts, offer an affordable alternative to traditional homes. However, they come with unique considerations for buyers and sellers. So, let’s dive into some key points that both parties should consider.

Before you buy:

Pros of double wides:

  • Budget-friendly: They are generally less expensive than traditional homes, making them a great option for first-time buyers or those on a tighter budget.
  • Customizable: Many manufacturers offer upgrade options, allowing you to personalize your home to your liking.
  • Mobility: While not as easily movable as RVs, double wides can be relocated if necessary.

Cons of double wides:

  • Financing: Obtaining a mortgage for a double wide can be more challenging than for a traditional home.
  • Resale value: Double wides generally appreciate in value but at a slower rate compared to traditional homes.
  • Stigma: There can be a perception that double wides are less desirable than traditional homes.

Before you sell:

Tips for sellers:

  • Highlight the advantages: Emphasize the benefits of double wides, such as affordability, space, and customization options.
  • Prepare the home: Make necessary repairs and upgrades to enhance the home’s appeal.
  • Market strategically: Target buyers who are interested in affordable housing options.

Considerations for buyers:

  • Research your options: Explore different manufacturers and models to find one that meets your needs and budget.
  • Secure financing: Obtain pre-approval for a mortgage before you start shopping.
  • Inspect the home: Hire a qualified inspector to assess the condition of the home before making an offer.

Key Takeaways:

  • Double wides offer affordability and space, but face challenges in financing and resale.
  • Buyers should research and secure financing before purchasing.
  • Sellers should prepare the home and market it to the right audience.

Sources:

Impact on Property Values and Financing

Double wides, by nature of their mobility, often carry lower property values compared to site-built homes. While double wides also appreciate over time, their appreciation rate tends to be slower.

Financing conundrum:

Obtaining financing for a double-wide is more challenging than a site-built home. Lenders classify double wides as personal property due to their mobility. This requires a higher down payment and often carries higher interest rates.

Key Takeaways:

  • Double-wides have lower property values than site-built homes and a slower appreciation rate.
  • Lenders see double-wides as personal property, making financing more challenging.

Sources:
The Pros and Cons of Double Wide Mobile Homes | Mobile Home Living
Financing a Double Wide Mobile Home: All You Need to Know

FAQ

Q1: Are double wide homes considered mobile homes?

A1: Yes, double wide homes are considered mobile homes, as they are built to the same standards and requirements as single wide mobile homes. They are built on a steel chassis and can be transported from one location to another.

Q2: What is the difference between a mobile home and a double wide?

A2: The main difference between a mobile home and a double wide is size. Double wide homes are wider than standard mobile homes, typically measuring at least 20 feet wide, while single wide mobile homes are typically no wider than 18 feet. Double wide homes are also typically longer than single wide mobile homes.

Q3: Are double wide homes as sturdy as site-built homes?

A3: While double wide homes are not as sturdy as site-built homes, they are still built to withstand various weather conditions and can last for many years with proper maintenance. They are also built to meet specific safety standards and codes.

Q4: Can I finance a double wide home?

A4: Yes, it is possible to finance a double wide home, but the process may be different from financing a site-built home. Some lenders specialize in financing manufactured homes, and they may have different requirements and interest rates than traditional lenders.

Q5: What are the benefits of owning a double wide home?

A5: Double wide homes offer several benefits, including affordability, customization options, and energy efficiency. They are typically more affordable than site-built homes, and they can be customized to meet your specific needs and preferences. Double wide homes are also built to be energy efficient, which can save you money on utility bills.

Mark Soldy