Magnificently Built Modular Homes
The development of a household budget is a must activity both before you build a home as well as during your ownership of that home. By preparing a budget you can better focus on mortgage payment goals and how the new house will affect your total expenses. Maintaining a budget during the time you own the home can help to prevent potential financial disasters as well as point you in a money saving direction so you have more funds available for those things that you need or want.
You will need a little time to develop your budget but it should not take longer than a few hours if you gather the necessary information first. Get everyone who will be involved in spending involved in developing the budget.
Some of the items and information you will need to develop your budget are:
“On-Site” Modular Home Costs
The costs of a modular home are considered off site construction costs since up-to 90% of the home is completed at the factory. These other costs you will/may incur are the on site costs which include but may not be limited to the following:
Roofing material and roof guarantees are critical to quality home construction, however, they are often overlooked by the consumer. Many building contractors cut their costs by using cheap roofing products that offer little in terms of guarantee and longevity of product. We are proud to offer roofs constructed with 30-year guaranteed architectural self-sealing fiberglass shingles.
It is very important to discuss the subject of roofing options with your builder. We welcome detailed discussions about our choice of building material specifications because across the board they meet or exceed stick-builder's quality standards.
Financing and Insuring for Modular Homes vs Stick Built Homes
We want you to know that we’ve inquired of multiple banks and insurance companies about the differences in financing and insuring modular home construction. Their response is universally consistent…..There is no difference in terms of both availability and cost.
Financiers and insurers are well aware that modular home construction strength and building standards exceed that of traditional “stick built” homes. In fact, some insurers predict that the cost of insuring modular construction will become more affordable in time as actuaries continue to compile statistical evidence of the modular home’s structural superiority. This is yet another reason the new home construction pendulum continues to swing in favor of modular home construction.