When I first got married I bought a small used 1970 something trailer and we lived in it for 4 years while searching for a forever house. We never found one so in 2009 we bought a brand new single wide. At the time it was extremely nice (still is) but I regret it I wish we would have been more patient and bought or built a house. Iv been paying on this moble home for almost 12 years now and have paid more than its worth now and still owe almost 9 years more. The price tag was 45k by the time its paid off i will have paid around 112k for it and its virtually worthless right now! I maybe able to sell it for 12k or less stupid stupid stupid decision. I let the anticipation of owning a new home get to me. Its a good home and im proud of it iv worked my butt off for it but financially in the long run its a bad decision. These mobile home people take advantage of young middle class people and make it sound like its there only option.
