What Are Foreclosed Mobile Homes?

What is the definition of a foreclosed mobile home? Mobile homes are also called manufactured homes but they also can be static caravans, trailers or house trailers. They are prefabricated homes built in a factory and transported to the home site. Foreclosed mobile homes are factory-built homes that the owner has defaulted on.

Building Process

Mobile homes are prefabricated homes built in a factory. If you are considering buying a foreclosed mobile home, you should understand how they are built. Mobile homes are built on a chassis, with trailer frames built on top of the chassis. Floors, walls, ceilings, electrical lines, roofing, trim and more are all assembled at the factory.


There are various sizes foreclosure mobile homes for sale including single-wide mobile homes and double-wide mobile homes. Single-wide models are usually between 480 to 980 square feet. Double-wide models can be over 1,800 square feet.

How to Transport a Mobile Home

Once the mobile home is built at the factory, it is transported by tractor-trailer to the home site. If you buy a foreclosed mobile homes in manufactured home communities, it is possible to move the mobile home after your closing. Depending on the size of the trailer, this can be done using a large truck, but it is recommended that you use an experienced moving service. For example, you could purchase foreclosed mobile homes in NC and move them to another city or even another state, if necessary.

Investing in Mobile Foreclosed Homes

Investing in a mobile foreclosures can be a great opportunity to purchase cheap houses. Finding mobile home foreclosures is fairly simple – an internet search is a great place to start. A Realtor can also help you focus in on the right mobile home foreclosure investment.

Foreclosed mobile homes for sale can offer a great discount over a traditional home. These homes can make great vacation properties, rental properties or homes to flip. An added bonus is that the home can be moved to a different area or one of the many mobile home communities. While you could buy these homes in bulk, typically they are bought individually.
Foreclosure mobile homes offer a unique opportunity to buy inexpensive homes for a profit.

Getting Financing

If you’ve found a foreclosure mobile homes sale that interests you, you can apply for financing, just as you would with a traditional home. Most traditional lenders will finance a foreclosure mobile home. There are also banks that specialize in loans for mobile homes. If the home is on land owned by the owner, interest rates are usually lower. In general, interest rates for mobile homes tend to be higher than for traditional homes.

Are Mobile Homes, Travel Trailers and Modular Homes the Same?

While the terms are sometimes interchanged, there are differences between them. A travel trailer is usually smaller and more mobile than a mobile home. It usually has wheels and tires and is can be used as a vacation home. Modular homes are typically built in a factory but they are assembled on the home site. You can find out more on our Foreclosed Modular Homes Page. A foreclosure mobile home is also built in a factory and is also assembled in the factory.

Can Mobile Homes be Attached to the Ground?

Yes! Mobile homes are typically attached to the ground or secured to a foundation. Anchoring the home helps it to be more sturdy and stable. Depending on the location, mobile foreclosures may already have all of the hook-ups necessary for move-in. Despite being attached, they usually can still be moved if the anchors and hook-ups are carefully removed.

Regulations – Departments in Charge

Mobile homes are regulated by the Department of Housing and Urban Development (HUD). The HUD code requires mobile homes to be constructed on a permanent chassis. The mobile home will have a red certification sticker showing that it meets the HUD requirements. When buying a mobile foreclosed home, the age of the mobile home will determine if it was built to meet the HUD requirements. Prior to 1976, the same regulations did not exist and it may be harder to insure an older mobile home.


Mobile home parks or trailer parks often have a community atmosphere. They vary in size from a dozen homes to a large number of homes. These communities often offer great amenities like swimming pools or sports and play areas. Foreclosure mobile homes can be found in communities or on standalone properties.

When home buying, you can save money by buying foreclosed homes. These properties offer a great way to earn income through rental properties, flipping or using them as vacation homes.

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