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4 Modular Home Purchasing Errors and How to Avoid Them

4 Modular Home Purchasing Errors and How to Avoid ThemPhoto from Unsplash

Originally Posted On: https://arenteiro.com/4-modular-home-purchasing-errors-avoid/

 

There are about 7 million manufactured homes in the US. This is 7.5% of all single-family houses!

If you’re looking for an awesome place to live, a manufactured home is an awesome option. Read on to learn some modular home purchasing errors to avoid while looking for your new safe haven.

Contents

1. Making Assumptions

Many people think that modular or manufactured homes are lower-quality than standard housing. They think of trailer parks and poverty. However, modular homes are for everyone, and many of them are built on the same land as a permanent home would be.

4 Modular Home Purchasing Errors and How to Avoid Them

The only real difference between many modular homes vs traditional housing is the manufacturing method. They’re brought onto the site in pre-assembled pieces made in a factory. Professionals just put them together quickly and efficiently, making a sturdy structure that often comes with a yard and other awesome features.

Check your prejudices at the door when looking at options for mobile homes. You’ll open yourself to a world of inexpensive and sustainable possibilities.

2. Not Knowing Your Placement Site

You need to know where you’re building a modular house before ordering it to be built. Manufactured homes can go on pieces of land of almost any size. They also can be assembled on many different types of terrain, and the process will be different for a flat property vs one that’s on an incline.

Make sure that you know where you’re putting the mobile home so that you can get an option that makes sense. This is also important because having nowhere to assemble the home means that you can’t have it. Own the land before ordering the structure.

3. Choosing the Wrong Size

There are many different manufactured home sizes. The primary ones are single-wide and double-wide.

Single-wide homes are smaller and built in one long section. Double-wide alternatives are twice as large. They’re built in two separate segments and joined together on-site to make a larger home.

If you live alone or with a partner, a single-wide option may be perfect. However, double-wide modular homes are generally necessary for families to live comfortably.

4. Shirking Financing

Financing your mobile home can be confusing, but there are many options available to help you save money. Comparing home prices is important. So is learning about programs designed to help you construct a structure in the location where you plan to install it.

Make a contract with a lender to get some additional financing. Usually, this will be a bank or community lending institution, but you’ll usually find the best option online. Give them some basic information to get pre-approval and stop stressing about the cost of a modular home.

Avoid Common Modular Home Purchasing Errors

Now that you know how to avoid common modular home purchasing errors, it’s time to refine your house hunting strategy. Check out the “home” tab on our website for more information on moving into your new modular house. You also may be interested in the “finance” section if you want to save money while moving.

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