What is the difference between a manufactured home, a modular home and a mobile home?
A manufactured home is a house constructed in a factory according to strict code that must be adhered to, the national manufactured housing construction and safety standards (hud code) of July 1, 1976. A manufactured home is transportable in one or more sections, built on a permanent chassis, and is a home with or with out a permanent foundation. A manufactured home title must always be transferred to the new owner as part of the transaction. A modular home is a factory built home constructed in a factory and brought to the site in one or more sections. Unlike a manufactured home, which must adhere to the national hud code, the modular home is regulated by the boca code, which is the same code site-built homes must adhere to. A modular home must be placed on a permanent foundation that meets the local requirements for going below frost depth. A mobile home is a factory built home that was built before the July 1, 1976 hud code came into effect. It is an obsolete term when used in reference to today's manufactured homes.
What are the different sizes available?
There are 2 terms used in the manufactured housing industry. The term 'singlewide' is used on a home that is 12-18 feet wide and from 30 to 80 ft. long. These homes run in size from 360 sq. ft. to 1,440 sq. ft. The term 'doublewide' is used on a home that is 24-28 feet wide and from 40 to 80 ft. long. These homes run from 960 sq. ft. to 2,240 sq. ft.
Where can a manufactured home be placed?
A manufactured home can be placed in a land-lease community or on a privately owned lot that you must have prepared prior to placement of your new home. You can place your new home on a foundation or full basement, and once it is finished no one will know it wasn't site built. Your retailer will assist you in site preparation or you can handle that yourself.
What can I afford?
A new manufactured home is a very affordable alternative to a site built home because of the cost savings of being built by in a climate controlled factory.
What kind of financing is available for manufactured homes?
If you place your manufactured home or modular home on private land, you are eligible for a mortgage. if it will be placed in a land-lease community, you will need a consumer installment loan.
what other questions should i consider when purchasing a manufactured home?
* Do i want a new or pre-owned home?
* Do i have a particular retailer i want to work with?
* How many bedrooms do i need? do i need room for a home office?
* Do i want a home that's ready to move into or a home which needs some fixing up? am i handy enough to do the types of
tasks required in a home that needs repairs?
Depending on the region of the country, construction cost per square foot for a new manufactured home averages from 10 to 35 percent less than a comparable site-built home.
Independent appraisal studies confirm that manufactured homes can appreciate in value the same as other forms of housing.
built for quality:
* All aspects of the construction process are controlled.
* The weather does not interfere with construction and cause delays.
* All technicians, craftsmen and assemblers work as a team and are professionally supervised.
* Inventory is better controlled and materials are protected from theft and weather-related damage.
* All construction materials, as well as interior finishes and appliances, are purchased in volume for additional savings.
* Cost of interim construction financing is significantly reduced or eliminated.
* All aspects of construction are continually inspected.
* Floor plans are available that range from basic to elaborate, with vaulted or tray ceilings, fully-equipped kitchens, walk-in closets, and bathrooms with recessed tubs and whirlpools.
*A variety of exterior siding is available, including metallic, vinyl, wood, or hardboard. in some cases, home buyer can also opt for stucco exteriors.
* Homes have pitched roofs with shingles and gabled ends.
* Design features such as bay windows are available.
* Awnings, patio covers, decks, site-built garages and permanent foundations are available as upgrades.
The home can be customized to meet the needs of the consumer.
* The building materials in today's manufactured home are the same as those used in site-built homes.
* The homes are engineered for wind safety and energy efficiency based on the geographic region where they are sold.
* Manufactured homes may be one of the safest housing choices available today because of federal laws requiring smoke detectors, escape windows,
and limited combustible materials around furnaces, water heaters and kitchen ranges.
* Properly installed homes can withstand 120-130 mph 3-second gust winds in areas prone to hurricanes.