your Lending Options
homes can be one of the most affordable housing options on the market
today and they come in many sizes and shapes. New modular homes come
with carpets, window blinds, appliances and even a washer/dryer in some
cases. For many, the main attraction to owning a modular home is the
cost savings compared to traditional building methods.
This type of housing is especially attractive for retirees
or first-time home buyers, the main selling point being,
“affordability”. But if you’re not careful you could end up spending
more than you bargained for.
on our research here at Modular Homes Network, we estimate that the
average home buyer spends 5% to 15% too much for their new modular
home. On a $150,000 home purchase that could add up to $8,000 -
$12,000. That is money that could have been used for landscaping,
upgrading the appliances or adding a double-car garage.
If you are planning
on financing your home you need to know your options before you start
looking. I know you want to go right out and start shopping for a home
- you may have already viewed some homes at your local builder or,
maybe have selected a particular floor plan or model. I realize the
urge to shop till you drop is so in-grained in our society, but knowing
your financing options is the first step to securing the best deal
|List Price: 19.95
Knowing your financing options is the first step to
securing a good deal. We have spoken with hundreds of modular home
lenders and Mr. Eaton the author has gone through the process himself.
Learn from his insight and you can avoid some common mistakes people
make when financing their home.