What is necessary for the resale of a manufactured home?

The resale of a manufactured home necessitates possession of the title as legal proof of ownership. The title serves as the official documentation that confirms the seller’s legal right to sell the home. This documentation is critical because it protects both the buyer and the seller by ensuring that the transaction is legitimate and that the seller has the authority to transfer ownership. In many states, including New Mexico, the title must be transferred to the new owner upon sale to update records and secure ownership rights.

Other considerations, such as a home inspection or real estate agent license, may enhance the sale process or ensure compliance with real estate standards, but they are not absolute requirements for the legal resale of a manufactured home. Similarly, a construction loan is irrelevant to the resale process, as it pertains to financing new home construction rather than the ownership transfer of an existing manufactured home.