If you are in the market for a new home, and have land to put a new home on but are not looking forward to finding a contractor and building a new home from scratch, you may want to look into purchasing a manufactured home. Here are three great advantages that you'll experience when purchasing a manufactured home.
#1 Greater Control Over The Cost Of The Home
One of the big advantages of buying a manufactured home is that you have a greater control over the cost of the home. The cost is stated up front, and beyond the cost of installing the home on your property, you are not going to run into any surprised during the construction process.
Building a new home can often mean running into surprises and extra expenses as the project progresses. With a manufactured home, you know the cost of the home upfront and just need to add in the installation costs, which many companies include as well, in order to get to the total cost of a new home.
#2 Easy Customization Options
With a manufactured home, you are not giving up your ability to customize the home. You can still craft the home to your exact specifications. You can choose the layout of your home and the overall square footage you want to get out of your home. You can also choose custom features, such as granite countertops or stainless steel appliances. You can choose what types of counters, flooring and accessories you want in your new home. You can even add custom features to the layout, such as a walk-in closet or a larger master bedroom or an extra bathroom.
Additionally, you can also choose what you want the exterior of the home to look like as well. You can choose what type of siding material you want used on the home. You can also choose if you want any extras with the home, such as a patio or porch. The best part is that with each customization that you want to add to your home, the cost is clearly spelled out so you can customize and adjust what you want your manufactured home to look like and get ensure that you hit your price point as well.
You don't have to give up on having a nice home just because you are buying a manufactured home; you can have all the best features on the market inside of your manufactured home.
#3 Financing Is Accessible
Finally, financing is accessible with mobile homes. Large banks generally require that larger mobile homes be new or be under a certain number of years old. Credit unions are usually willing to finance the purchase of small mobile homes as well as larger and older mobile homes as well. Many mobile home manufactures also offer their own financing programs, much like how dealerships offer their own financing for vehicles.
Generally, financing programs for mobile homes require you to put down less for the home than regular home loans do. Another great plus to purchasing a new mobile home is that there are generally very little out-of-pocket expenses associated with purchasing a manufactured home.Share