How Renting a Manufactured Home Compares to Owning a Manufactured Home
People have a lot of decisions to make when they’re in the process of finding a new home, one of the biggest ones being whether they should rent or own. If you have a hard time deciding which option is best for you, you might look around online for help, only to find plenty of arguments in favor of both options. But the thing you have to remember is that most of those articles are not written with manufactured homes in mind. If you’re thinking of renting or owning a manufactured home in one of our HomeFirst™ communities, there are some unique things you should know about.
First of all, if you’ve ever rented a regular house or an apartment, you know how it goes: you spend a small fortune in rent every month and you have to play by your landlord’s rules. You might not be able to have a pet, paint the walls, or even do anything that would put holes into the walls. More restrictive landlords might also have rules about things like when you can have visitors over.
One of the most unique things about renting a manufactured home in a HomeFirst™ community is that you actually do have the freedom to do a lot of things you wouldn’t be able to do if you rented a regular house or an apartment. When you rent a manufactured home in one of our communities, we understand that you’re going to be staying there for a while, so it’s only natural that you’d want to make your home feel like it’s your own, even if you don’t actually own it. We think that’s great! Get creative and decorate how you like! And feel free to bring your pet!
In fact, renting a manufactured home in a HomeFirst™ community has a lot of the same benefits of owning a manufactured home. All residents of our communities, regardless if they rent or own their home, are welcome to enjoy the amenities their community has to offer. The exact amenities available can be a little different from community to community, but you can typically expect to find things like swimming pools, fitness centers, a stylish community clubhouse, playground equipment, and athletic courts.
If you are looking to improve your credit score, renting or owning a manufactured home can help to improve your credit! If you own your home, making your monthly payments on time will be reflected favorably on your credit report. Renters will have the option of making rent payments using a credit card and as long as their credit card is consistently paid off in full, you’ll be making progress toward an improved credit score.
When it comes right down to it, the main difference between renting and owning a manufactured home in one of our communities is that when you own your home, it’s yours to keep. Renters get to reap many of the benefits that come with owning a manufactured home while still having the flexibility to move again if they need to.
Whether you want to rent or own a manufactured home, HomeFirst™ is here for you. We have manufactured homes in several communities in some of Michigan’s best locations. Take a look at our manufactured homes for sale or our manufactured homes for rent. With so many amazing homes available in such excellent locations, we’re sure you’ll find something you like!