Buying tiny houses is not as easy as people think! Some of us are not extensively equipped with matters related to tiny house buying or generally house buying, making it a challenge to ensure you are buying the best tiny houses or just a tiny house.
What is a tiny house?
Tiny houses are houses mounted on a trailer and are typically one hundred to four hundred square feet. Tiny houses come in varying shapes and styles. Some of the reasons people opt for tiny houses is because they can live a debt-free life. And, tiny houses are the best for people who want to downsize. Some of the factors to consider when buying tiny houses include:
- Know your needs
Have the reasons you are looking for a tiny house at the back of your mind every time. Since you are getting to a smaller place, have in mind the house structure before you even move in and check its functionality. Be sure that its design meets your current lifestyle, as you might find yourself having to find a bigger house sooner than you anticipated.
Make a list of all the activities you love to do in your current house, and see if you can carry them to your next tiny house. Think about all the things that require space to perform in the tiny house. When the tiny house meets all your needs, then you are sure that you made the right choice.
- Verify before you make any payments
There are numerous tiny houses sellers companies out there. Some are dependable, while others are just out here to rob people of their hard-earned money. Many people have gone through the hands of rogue tiny house sellers. And there is a need to be extra careful before paying for the tiny house.
Do not go for offers that are too good to be true or those that are ridiculously cheap as this could be a sign that the company or person selling you the tiny house is not legit. Do your due diligence and ensure that the person selling you the tiny house the proper title and original documents required before they can transfer the tiny house to you.
Ensure that the VIN matches with the title you get given and that the seller of the tiny house has a valid ID that has the same names as on the title. Remember to ask for a copy of all the relevant receipts, for instance, of appliances, windows, trailers, etc., then look up if what is in the receipt is what is in the tiny house. Walk away if you notice any discrepancies with this information or if your heart refuses to settle for the offer.
- Get an inspector
If you are considering going for a tiny house that someone has lived in before, you want to ensure that you visit the place with a qualified and professional inspector. A professional inspector will do a thorough search in every corner of the tiny house to ensure that everything is in apple-pie order. From the moisture, heat, electricity, and water, these professionals will notice any obstacles with the house and either work on them or recommend to you better tiny houses.
- Consider your budget
It’s always advisable to work within your budget, as this will save you from incurring debt. Ensure to factor in other costs such as transportation, improvements, and other repairs so you can negotiate the final price better. You’ll need to incur additional expenses once you move to your new tiny house, for instance painting your favorite color, meaning that you should be clear on how much you can afford for the tiny house from the word go.
- Have a contract
If you opt to buy a used house instead of a new one, you want to ensure that you have a warranty up to a certain period, say one year. Ensure to have all the documentation of the tiny house in place, outlining all the terms. Having documentation is necessary in case any issues with the tiny house arise. You can have evidence to back you up.
- Consider your goals
Lastly, if you intend to save money by moving to a tiny house, you can consider other options instead of settling for a tiny house if it doesn’t work for you. Before you decide to live in a tiny house, ensure that you have made the right decision regarding your finances. And that you are doing it for all the right reasons.
Hopefully, the factors discussed above will give you an effortless ride even as you look forward to choosing a house from many tiny houses. Now that you know how to go about purchasing a tiny house, ensure to make an informed decision.