Informed buyers save money and avoid last minute hassles. Use this checklist to help you search for, find and buy a new manufactured home.
- Track your credit situation before hunting for a home. Get a copy of your credit report, check it for accuracy and correct any errors.
- Determine how much you can afford to spend for a new manufactured home. Use our mortgage calculator to figure out this amount.
- Look at your total financial picture before making any home buying decision.
- Make a written list of your housing needs and wants to help you decide on the type of manufactured home that best fits your budget.
- Take an active role, ask questions and negotiate your best deal before signing a home buying contract.
- Review home warranties and what they will protect.
- Compare and secure insurance for the mobile home. Since insurance is a long-term expense, getting the best value gives you savings that continue. Foremost is a national leader in insurance for mobile homes.
- Secure final loan approval and commitment from your lending institution.
- If possible, inspect your new manufactured home before closing and settlement. Check over the frame, walls, roof, windows, doors, electrical, plumbing, heating, cooling, storage, furniture, floors, and ceiling.
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How To Trim Your Budget
Ready for a new manufactured home, but want to have a bigger nest egg before you buy? One of the best ways to save money is to cut everyday expenses. Here are a few ideas to help you trim your budget.
- Pay off your credit card debt as soon as possible or switch to a less expensive card. Try not to charge anything you can’t pay off at the end of the month.
- Write down everything you spend. After two weeks you may be surprised to see how much money is spent on items you don’t really need.
- Do business with a bank that has convenient ATMs located close to your home or work to avoid extra charges for each withdrawal.
- Keep your checkbook and other accounts balanced so you will know how much money you have and where it is. This is another way to avoid bank charges.
- Consider buying your next car rather than leasing it. Buying is almost always a better investment than leasing. So is buying a used car instead of a new one.
- Lower your energy bill by raising your air conditioning in the summer and lowering your heat in the winter. This simple action can save hundreds of dollars every year.
- Give up smoking or cut back. You’ll save about $4 for every pack you don’t buy. As a non-smoker you will also be eligible for lower health and homeowner’s insurance premiums.
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Find out what is different about us today:
Text or call: 318-336-5202
Email reed@reedinsla.com
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You can start a quote HERE
We’ll be glad to take a look at your insurance coverage in any of the states of Louisiana, Texas, Arkansas, and Mississippi.
Thank you,
Beaux Pilgrim, CEO
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Reed Insurance
*Content provided by Foremost Insurance Group