Modular
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.
Based
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
possible.
List Price: 19.95 Our
Price: 9.95
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.
Modular
Home Book Resources Popular Buying Guides for
Modular Homebuyers
When trying to select a modular home the
first place to start is at the factory level. Knowing which factories
deliver to your area is the first step in understanding your options.
The second and most important step is determining how the factories
compare to each other in the areas of: Quality Construction,
Design/Style, Appraised Value and Price.
The manufactured housing industry has made some serious
improvements in recent years regarding quality construction and
residential appeal. With modern day technology and assembly line
techniques, the industry is overcoming the misconception that
manufactured homes are poorly built and don’t measure up to stick-built
homes.
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.
On average 80% of homebuyers pay too much for their
modular home. Not surprising with all the choices one must make from
negotiating with your builder to purchasing property and
site-improvements. This resource will reveal important negotiating
secrets and dealer profit margins that will give you an edge when
negotiating with your builder.
Most modular home builders have display models for
potential home buyers to walk through. These models are professionally
decorated to impress buyers with elaborate decorations, elegant
furniture and dazzling floorplans. Aesthetics are important but would
you purchase a modular home based on looks and compromise structural
integrity? Don’t be fooled by appearances and miss what really matters;
“Quality Construction.”
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. 
