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The Ultimate Checklist for New Manufactured Houses for Sale

Tue, 17 Mar 2026 18:16:11 GMT

If you have been searching for new manufactured houses for sale in Fresno, CA, this guide is for you. At Kerman Mobile Homes Inc., operating in the Fresno area, we understand that finding the perfect home is just one piece of the puzzle. There are important steps to verify before you move forward with placing a new manufactured home on your private property. In this practical resource, we capture your attention with critical tips, spark your interest with real-life steps, share the desire for a smooth home placement, and show you exactly what to gather before requesting quotes. Whether you have already scoped out new manufactured houses for sale or are planning your purchase, knowing how to prepare your site can save time and prevent unexpected costs.

Land Zoning and Permit Verification

For buyers interested in new manufactured homes for sale, confirming that your land is zoned appropriately is one of the first and most essential steps. Every municipality has specific zoning regulations that define where manufactured homes can be placed, and Fresno County is no exception. Before moving ahead, check with the county or city zoning office to see if your land meets the criteria for residential use by manufactured housing.

Once zoning is verified, the next step is ensuring your desired placement matches local setback requirements. Setbacks refer to the minimum distances your home must be from property lines, roads, and existing structures. Most municipalities also require specific permitting for placement and foundation type. Having these details ready up front smooths the process with building officials and speeds up construction timelines.

Evaluating Site Access and Delivery Logistics

Even after securing the right new manufactured house for sale, it is vital to assess whether your site can accommodate the delivery and setup of a large home. Manufactured homes are delivered on wheels, requiring temporary road access. Make sure the route leading to your land can handle the size and weight of the delivery vehicles.

Check for overhead obstructions like electrical lines and low tree branches. Narrow driveways, sharp turns, or soft ground may require modifications or temporary access improvements. Discussing delivery logistics in advance with your provider will help avoid delays and unexpected expenses when your new home arrives.

Utilities, Septic, and Sewer Planning

Utility planning is another critical factor when searching for new manufactured homes for sale in Fresno, CA. Verify the availability of power, water, and sewer (or septic) connections before closing on your purchase. Not all rural properties have utility hookups nearby. Extending these services can add to costs and timelines.

If municipal or community sewer service is unavailable, you will need to confirm whether a septic system is permitted and feasible on your lot. County health departments generally require soil percolation tests and detailed site plans for septic installation. The insights gained from preparing on-site utilities will inform your budget and guide you on what is possible for your new manufactured home.

Driveway, Grading, and Foundation Preparation

Once you have chosen from our new manufactured homes for sale inventory , focus on site preparations. Grading the land may be necessary to provide a level foundation pad, promote drainage, and ensure long-term stability. Counties often have specific code requirements for driveway width and materials. A well-planned driveway is key for both initial access and ongoing convenience.

Foundation choice will depend on climate, soil conditions, and site slope. Whether you select a concrete slab, crawl space, or pier and beam option, working with a licensed contractor will help ensure all codes and manufacturer requirements are met. Confirming these details before you buy will streamline the process and minimize unplanned work.

Timeline Expectations and Gathering Information

Optimistically, the process of preparing your land from initial research to final site readiness can take several weeks to months. Permit reviews, utility planning, and construction schedules create natural timelines. Setting realistic expectations allows you to plan financing, temporary housing, and coordination with your chosen installer.

To make everything efficient, it is important to gather and organize these details before requesting quotes for your home or installation:

Legal description of property and parcel number
Current zoning and conditional use permits (if applicable)
Setback, access, and utility diagrams
Soil testing and percolation test results (for septic systems)
Topography or grading information
Photos or videos of both property and access points
Contact information for your local county planning office

Having all your documentation ready gives you confidence and leverage when working with home dealers and contractors.

Exploring Design Options and Inspiration

If you want to see what is possible for your land, our home gallery showcases many styles, layouts, and features. Browsing through finished exteriors, interiors, and floor plans may inspire you to refine your wish list before making a final decision.

Kerman Mobile Homes Inc. can walk you through the entire journey from identifying the right new manufactured home to ensuring your land is ready for a smooth installation. Our years of experience in the Fresno area help us guide buyers at every step.

Ready to Start Your Journey? Contact Us Today!

Preparing for a new manufactured home is about more than just a purchase. It is an investment in your future. If you are considering new manufactured houses for sale and want step-by-step guidance on land readiness, permitting, and which home fits your needs, we are here to help. Call us at 559-846-9373 or visit our contact page to connect with our team and take the next step in making your dream home a reality.

Veteran’s Administration (VA) Manufactured Home Financing Under Utilized

Sat, 16 Aug 2025 14:17:44 GMT

Most shoppers seeking manufactured home ownership will need financing and will be confused as to how that is to be accomplished. A sales person that has developed a comfortable and trusting rapport with the home shopper and possesses a basic knowledge in the various types of manufactured home and modular home financing programs available, will be more effective in securing the home sale.

There are multiple loan type options available for manufactured home purchasers. One of the available financing sources available to veterans is the Veteran’s Administration (VA) manufactured home loan program.

A Veteran’s Administration (VA) manufactured home loan can cover 100% of the total costs with zero down payment. The participating lender will require funding to cover the costs of the home loan program. Borrowers must have a minimum 620 credit score to qualify, plus meet the the basic criteria of appropriate length and character of military service and have a Certificate of a VA Entitlement Eligibility (DD214) equivalent to 25% of purchase price of the manufactured home.

Author’s Analysis: The VA financing program is under utilized as seemingly few conventional lenders offer and/or promote the program. However, military credit unions, such as Navy Federal Credit Union and Tinker Air Force Credit Union (TFCU) are excellent sources of financing for veterans, offering mortgage interest rates as low as 2%, home purchase plus cost of land construction loans, or home only loans. Paperwork and documentation requirements are less in number and not as complicated as other government insured/endorsed loans.

What to Look for When Buying a New Manufactured Home

Wed, 11 Jun 2025 02:55:38 GMT

Are you considering buying your first home and looking for new manufactured homes for sale in Fresno, CA? Welcome to an exciting journey that promises affordability, personalization, and a comfortable living experience tailored to your needs. To ensure you make the best choice for your lifestyle and budget, we’ve put together a comprehensive guide on what to look for when buying new manufactured homes .

Understanding Home Features and Layout Options

When evaluating new manufactured homes for sale it’s essential to thoroughly inspect the home features and layout options available. Do you prefer an open floor plan, or are you more comfortable with distinct rooms? Check for modern amenities like energy-efficient appliances, quality insulation, and advanced HVAC systems to guarantee long-term savings and comfort.

Spend some time visiting model homes and ask the dealer to give you a detailed rundown of the features you’re getting. This will help you gauge what you can expect and where you might want to make upgrades or changes.

Navigating Local Zoning Considerations

It’s crucial to understand local zoning considerations. Each area in Fresno may have specific regulations regarding where and how manufactured homes can be installed. Consult with local authorities or your manufactured home dealer to ensure your new home complies with all local ordinances. Understanding these specifics is key to optimizing your search for new manufactured homes for sale.

Selecting a Reliable Dealer

Choosing the right dealer can make all the difference in your home-buying experience. Look for a dealer with a strong reputation and excellent customer service. For instance, Kerman Mobile Homes in Fresno has been helping buyers navigate home features, layout options, and local zoning considerations successfully. They can guide you through the process from selection to installation with professionalism and transparency.

Understanding Financing Options

Financing a manufactured home can differ slightly from traditional home loans. Some lenders offer specific loans for manufactured homes, so it’s essential to explore your options. Opting for a dealer who can direct you to reliable financing institutions, or perhaps even provide in-house financing options, can lighten this load significantly. Being well-informed helps you make the best financial decisions tailored to your current situation and future goals.

Ready to Find Your Perfect Home in Fresno, CA?

Ready to start exploring new manufactured homes for sale in Fresno, CA? Contact Kerman Mobile Homes today! Their expert team is ready to help you find the perfect manufactured home that suits your vision and budget. Don’t wait—call them at (559) 651-0700 or visit our contact page to get started on your home-buying journey today. Your dream home awaits in sunny Fresno!

Manufactured Homes Meet All Expectations and Wants at Affordable Prices

Tue, 20 May 2025 16:32:24 GMT

Potential home buyers find it difficult to purchase a site-built home that meets their expectations at a price they can afford. Many are pleasantly surprised when they become aware of today’s modern manufactured homes that meet all of those expectations and wants at affordable prices.

Why buy an existing home when you can get everything you want in a brand new, state-of-the-art manufactured home? While many people consider building from the ground up, they are often deterred by the prospect of the time it will take, potential cost overruns, dealing with contractors and subcontractors, and the general headache involved in a traditional site-built home.

Buying a manufactured home has become the wave of the future. Built in climate-controlled factories, manufactured homes are delivered on time. Very seldom does poor weather set back construction time tables. Building materials are housed indoors, so there is no loss due to such issues as weather, theft or vandalism that exist on traditional construction sites.

Costs are very much in check. Because manufactured home companies order their supplies in bulk, they are able to pass those savings on to the buyer. The result is a high quality product at very affordable rates.

The following are a few of the many advantages of manufactured homes versus site-built:

A new manufactured home will have a price about 50% less than a typical site-built home, equal and often superior in quality of construction, appearance, and amenities.
Manufactured homes built and warranted by federal HUD Code requirements. (Not available with a site-built home) that includes health, safety, energy efficiency, and durability.
A new manufactured home will be built to include all the expectations and more of a site-built home, including exterior design that will blend seamlessly within any neighborhood.
Materials and fixtures will be the same as new site-built homes and will be equal or superior in energy efficiency.

Manufactured homes can open the door to quality homeownership for millions of families, they can appreciate value and be an effective long-term affordable solution for families and communities across the country.

Driving Forces Behind Manufactured Home Affordability Versus Site-Built

Sat, 03 May 2025 13:10:28 GMT

More than 21 million people live in approximately 8-12 million “mobile homes” or manufactured homes in the U.S. It is not easily determined how many of those homes are “mobile homes,” built before 1976, or today’s high quality manufactured homes built to high quality standards mandated by the Department of Housing and Urban Development aka the HUD Code. Following are some of those standards that are the driving forces that embolden ownership of America’s only truly quality-built affordable homes.

TOP 5 Driving Forces Behind Manufactured Home Affordability

(1) Measurable Savings in Reduced Completion Expediency – “Time is money.” Greater flexibility and efficiency of the manufacturing process allows for customization of each home to meet a buyer’s lifestyle and needs and are planned before the home begins the construction phase and does not delay completion. Typically, a customized new manufactured home can be built and ready for occupancy on site within weeks, as compared to months for a home built on site. This expediency accounts for much of the savings in becoming a manufactured home owner.

(2) Controlled Environment and Assembly Line Techniques – The controlled construction environment and assembly line techniques remove many of the problems encountered during traditional construction, such as weather, theft, vandalism, damage to building products and materials and unskilled labor. Manufactured home factory employees are well trained and managed more efficiently than the system of contract labor employed by the site-built home construction industry.

(3) Benefits From The Economies Of Scale – Much like other assembly line operations, manufactured homes benefit from the economies of scale resulting from purchasing large quantities of material, products and appliances. Manufactured home builders can negotiate substantial savings on many components used in building a home, with these large savings passed on directly to the homebuyer.

(4) Evolution of The Factory Building Technology – Today’s manufactured homes have experienced an evolution in the types and quality of homes available to buyers. Technological advances allow manufactured home builders to offer a variety of architectural styles and exterior finishes that were not available off-site, that will suit most any buyer’s dreams, while allowing the home to blend in seamlessly into most any neighborhood.

(5) Efficiencies Of The Factory Building Process – The affordability gap in comparison to traditional site-built homes is primarily due to the efficiencies of the factory – building process. Manufactured homes are constructed with standard home building materials, and are built almost entirely off-site in a factory. A homebuyer who recognizes and understands the features, benefits and value generated by the construction process of a manufactured home will appeal to manufactured home ownership.

By Ben Nelms Posted May 1, 2025 In Manufactured Home Ne ws , Manufactured Home Tips

Mobile Homes and Manufactured Homes are not One-in-the-Same!

Fri, 25 Apr 2025 03:46:56 GMT

Today’s manufactured homes are the most regulated and inspected single family quality affordable housing in the United States. The only form of housing in the U.S. subject to a stringent National Building Code.

With the support of the responsible members of the “mobile home” industry, the U.S. Congress passed legislation in 1976 to establish a federal building code for “mobile homes.” This legislation is the Federal Manufactured Home Construction and Safety Standards Act which went into effect June 15, 1976, creating legally the “manufactured home.”

The federal code is administered by the U.S. Department of Housing and Community Development (commonly known as the HUD Code ) . The federal standards regulate manufactured housing design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality. The HUD Code also sets standards for the heating, plumbing, air conditioning, wind safety, thermal and electrical systems.

Often those that have not explored today’s modern manufactured housing will assume that a “mobile home” is one-in-the-same, exposing myths that have been handed down through generations, such as – “They are not well-built,” They are not safe,” – “They don’t appreciate, – “They are not energy efficient,” – “They don’t last, etc..etc.

Unfortunately, many Americans dreaming of quality affordable homeownership are either not aware that a manufactured home as an option due to those- and many more- uninformed misrepresentations and mischaracterizations of today’s only quality affordable housing in this country.

In the 1950’s, 60’s, and into the 1970’s, the “mobile homes” aka “trailers” burst upon the housing scene as a form of housing that anyone could afford. The incredible demand resulted in dozens of manufacturing plants building thousands of these low price homes throughout the country, in states where regulations governing construction and health and safety were virtually non-existent.

In the meantime, several manufacturers on the west coast were producing quality mobile homes for homebuyers to be placed on more expensive land or in modern mobile-home land-lease communities. The state of California, for example, regulated factory-built homes to a standard that would eventually be a template for federal regulations that were to follow.

Even today, 45 years later, many of those shopping for a new manufactured home will often refer to them as “mobile homes.” Those, including many of us employed in the manufactured housing industry, will often refer to today’s manufactured homes as “mobile homes.”

Today, there are estimated one million plus home owners that still reside in “mobile homes.” Perhaps the long outdated terminology is ingrained in “nostalgia.”

By Ben Nelms Posted April 17, 2025 In Manufactured Home Tips 1

Source: https://www.manufacturedhomes.com

Frequently Asked Questions by Potential Manufactured Home Buyers (With Brief Answers)

Thu, 24 Apr 2025 06:31:22 GMT

The following are 7 frequently asked questions (with brief answers) generally posed by potential manufactured home buyers.

Why should I consider a manufactured home?

If you’re looking to get the most out of your “housing dollar,” you should consider a manufactured home. Depending on the regions of the country, construction costs per square foot for a new manufactured home are up to 50 percent less than a comparable site-built home. All manufactured homes are built to specifications and codes that require the highest standards in every aspect of construction.

What are manufactured homes like?

Today’s manufactured homes feature innovative designs and custom features like state-of-the art kitchens, luxury bathrooms, wood burning fireplaces, and exterior designs that will be indistinguishable from site built homes.

Are manufactured homes affordable?

Manufactured homes provide quality housing and an opportunity for home-ownership.They often cost less than renting, and can offer more square footage and distance from neighbors than an apartment. The cost per square foot for a new manufactured home can be up to 50 percent less than the cost of a comparable site-built home.

Can they be customized?

With a vast majority of manufacturers you have the flexibility of customizing your home’s floor plans, interior finishes and exterior designs. Some manufacturers also provide homes that are accessible for those with special needs.

Will a manufactured home appreciate in value?

Generally, a home is a great investment. Value appreciation on any home – either site-built or manufactured – is affected by the similar factors, the desirability and stability of the community, supply and demand for homes in the local market, location and maintenance and upkeep of the home. When properly installed and maintained, today’s manufactured homes can appreciate the same as surrounding site-built homes.

Are there limits on where I can locate or place a manufactured home?

Many cities and towns, still relying on outdated perceptions and stereotypes of “mobile homes,”have zoning regulations limiting where you can place a manufactured home. However, more urban and suburban governments are recognizing that today’s manufactured homes are virtually indistinguishable from site-built homes and are allowing manufactured homes to be sited in their communities.

What kind of financing is available?

Just as there are choices when you buy a site-built home, there are a variety of financing options when you purchase a manufactured home. If you are buying the home and land together, or plan to place the home on land you already own, some financial institutions offer traditional real estate mortgages with similar interest rates. Should you be purchasing the manufactured home separately from the land on which it is to be located, the home will probably be financed as a personal property manufactured home loan, usually with a somewhat higher interest rate and the down payment amount will reflect the amount of the entire loan, including the home and land costs being financed. FHA-insured and Department of Veteran affairs – guaranteed (called FHA and VA) loans are available to manufactured home buyers. These types of loans may offer lower interest rates or lower down payment requirements if available in your area. They require more paperwork during the credit application and approval process and therefore, may take longer for approval than a conventional loan.

By Ben Nelms Posted April 17, 2025 In Manufactured Home Tips 1

Source: https://www.manufacturedhomes.com

Manufactured Homes Appeal to a Wide Range of Demographic Groups

Sat, 12 Apr 2025 18:23:00 GMT

Foremost Insurance Company has indicated that the average manufactured homeowner is 49.9 years old. However, today’s high quality affordable manufactured homes appeal to a wide range of demographic groups. The following three groups and their motivations for choosing modern manufactured housing are summarized below.

“Baby Boomers” – (aka Generation X – born between 1946-1964). This generation makes up a substantial portion of the world’s population. It represents 21.9% of the U.S. population. These are senior citizens who desire to downscale the size of their homes. A large percentage of these retirees purchase manufactured homes for placement in senior communities that are designed to satisfy a safe comfortable lifestyle with the social activities that encourage interaction with others of the same interests and age.

“Empty Nesters” – Empty Nestors are those who also want to downscale the size of home, but often for other reasons. These are couples in the 45 to 60 age group whose children have grown into adults and have left their family home to create their own families – leaving mom and dad living in a larger home they need or want. Empty nesters are usually still working and want to eliminate the upkeep expenses of a home, energy costs, property taxes and are looking forward to being in a financial position to retire comfortably when the time arrives.

“Entry Level” or “First-Time Buyers” - The Foremost study also found that 59% of manufactured home households have no children, and the average size of manufactured home households is 2.7 persons. This counters the belief of some planning and zoning commissions that manufactured home owners have more children and therefore will add to local school overcrowding. However, over the last few years some states have passed legislation making it illegal to discriminate against manufactured homes.

The bottom line is that the “affordability factor” of manufactured homes gives many families the chance to join the ranks of homeowners for the first time and therefore, increase the overall homeownership rate in the community. That translates into more tax revenue and economic vitality for local governments,

Families have been the “heart and soul” of factory-built manufactured/mobile homes for over 50 years. Today’s new manufactured homes are a great option,especially when considering the savings in energy costs, fire safety, and the ability of a home to match a family’s wants and needs. All that and the fact that a new custom built manufactured home is “everything a home should be” and meets all the criteria of homeownership, including quality of construction and appearance, and will have a cost of about 50% less than a comparable home built on site. A manufactured home or a modular home attached to real property is eligible in most situations for mortgage financing equal to a traditional site-built home.

In conclusion, it can be said that manufactured homes have something for everyone and is truly the realization of the uniquely American Dream of Homeownership for all demographics.

Source: https://www.manufacturedhomes.com/blog/manufactured-homes-appeal-wide-range-demographic-groups-2/

Buying a Manufactured Home? Ask These 4 Questions

Mon, 10 Mar 2025 19:06:40 GMT

Buying a Manufactured Home? Ask These 4 Questions

By Ben Nelms Posted March 6, 2025 In Manufactured Home Tips , Manufactured Homes .

With stylish features and floor plans, many of today’s manufactured homes break the old “mobile home” stereotype–without breaking the bank.

The Manufactured Housing Institute , a trade group, reports that, on average, newly manufactured homes cost about half the price of site-built homes. Factory construction lowers material and labor costs, and a federal building code makes inspections more efficient.

Lesli Gooch, CEO of MHI, says manufactured homes are an attractive choice for many buyers, from entry-level buyers to retirees. “It’s affordable, but it’s also turnkey,” she says.

If you’re shopping for a manufactured home in the new year, ask these questions to shop smart and stay informed.

How much can I afford?

Manufactured homes are one of the lowest-priced home types on the market. In December 2024, the median listing price for a manufactured home was $159,500, compared to $420,000 for an existing single-family home, reports Realtor.com.

When it’s time to set your budget, no one knows your cash flow better than you. It’s your responsibility — not a lender — to determine a monthly payment that works for you.

Which type of loan is best for me?

To finance a manufactured home, the most common options are traditional mortgages (like conventional loans or FHA loans) and personal loans. A traditional mortgage has stricter qualifications, usually, the home must be titled as “real property” which means you need to own the land underneath and attach the home to a permanent foundation. But average rates or lower with a mortgage and you’ll have more options if you struggle to make payments.

Will I own or lease the land underneath

You may have heard that all manufactured homes lose value over time. But today, that’s not always the case. When you keep up with maintenance and repairs, a manufactured home can grow in value like a site-built home. In 2024, the national median price per square foot for a manufactured home climbed 1.2%, while the median price per square foot for a single-family home climbed 2.5%, reports Realtor.com.

Am I ready for the responsibility of homeownership?

The cost of homeownership doesn’t end with the mortgage. Leave some wiggle room in your budget for ongoing expenses like taxes, insurance, and maintenance. One plus, Gooch notes: With their excellent energy efficiency, manufactured homes tend to have a shorter to-do list when you move in.

‘It’s not grandma’s trailer, right?” Gooch says. “These are quality, resilient homes.

Top 5 Driving Forces Behind Manufactured Home Quality and Affordability

Sat, 01 Mar 2025 14:40:59 GMT

Affordability is cited by 71% of manufactured homebuyers as being the driving force for choosing a manufactured home according to the Manufactured Housing Institute .

Unfortunately, there are those that will not consider purchasing a manufactured home, mistakenly believing that a manufactured home must not be built as well as a site-built home, otherwise the sales price would be much higher. Also unfortunately, that assumption is often not broached when salespeople fail to understand and convey how the manufactured home assembly line construction process not only enhances quality, but also the value added aspects accounting for the lower homebuyer cost as compared to the traditional on-site construction process.

In all respects of quality of construction and all other requirements, a new manufactured home is equal or superior in every aspect as a site-built home at a cost of 50% less. It may seem odd to “justify” quality and affordability, but sometimes you must, especially when there is such a large disparity in comparative costs of a home.

The following are the top 5 “justifications for savings derived from modern manufactured home production processes that create value, allowing more Americans to realize quality affordable home ownership , even in the face of an ever-widening housing affordability gap versus traditional site-built homes. A manufactured home salesperson that grasps and conveys these and aforementioned attributes will be emboldened in the sales of America’s only truly quality-built affordable homes.

Top 5 Driving Forces Behind Manufactured Home Quality And Affordability

1. Measurable Savings in Reduced Completion Expediency

“Time is money.” Greater flexibility and efficiency of the manufacturing process allows for customization of each home to meet a buyer’s lifestyle and needs and are preplanned before the home begins the construction phase and does not delay completion. Typically,under normal conditions, a customized new manufactured home can be built and ready for occupancy on site in a matter of weeks, as compared to months for a home built on site. This expediency accounts for much of the savings in becoming a manufactured home owner.

2. Controlled Environment And Assembly Line Techniques

The controlled construction environment and assembly line techniques remove many of the problems encountered during traditional construction, such as weather, theft, vandalism, damage to building products and materials and unskilled labor. Manufactured home factory employees are well trained and managed more efficiently than the system of contract labor employed by the site-built home construction industry.

3. Benefits From The Economies Of Scale

Much like other assembly line operations, manufactured homes benefit from the economies of scale resulting from purchasing large quantities of materials, products and appliances. Manufactured home builders can negotiate substantial savings on many components used in building a home, with these huge savings passed on directly to the homebuyer.

4. Evolution in Factory-Built Technology

Today’s manufactured homes have experienced an evolution in the types and quality of homes available to buyers. Technological advances allow manufactured home builders to offer a variety of architectural styles and exterior finishes heretofore not available on-site, that will suit most any homebuyer’s dreams, while allowing the home to blend seamlessly into most any neighborhood.

5. Efficiencies Of The Factory Building Process

The affordability gap in comparison to traditional site built homes continues to widen and is primarily due to the efficiency of the factory-building process. Manufactured homes are constructed with standard home building materials, and are built almost entirely off-site in a factory. Building materials are pre-cut to exact specifications with little or no waste.

5 Benefits of Buying a New Manufactured Home in Fresno, CA

Fri, 03 Jan 2025 07:15:51 GMT

For many homebuyers, purchasing new manufactured homes for sale in Fresno, CA , offers an attractive combination of modern features and affordability. Fresno is a growing city where the demand for affordable housing with upscale amenities continues to rise. With evolving designs and quality, they have become an ideal option for those seeking a home that blends affordability with innovation.

1. Modern Design and Customization Options

These homes are designed with the latest trends in mind, offering sleek, contemporary finishes that rival those found in traditional homes. From spacious floor plans to high-quality materials, they prioritize comfort and style. Buyers also have the flexibility to choose customization options, including upgraded kitchens, energy-efficient appliances, and personalized finishes to suit their unique tastes and preferences.

2. Affordability Without Sacrificing Quality

One of the biggest advantages of purchasing new manufactured homes for sale in Fresno, CA, is the affordability. These homes can cost significantly less than traditional site-built homes, allowing buyers to own a modern home without stretching their budget. Even though they are more affordable, these homes are built to meet high construction standards, ensuring durability and longevity.

3. Energy Efficiency

Many homes today are designed with energy efficiency as a priority. Features such as upgraded insulation, energy-efficient windows, and eco-friendly appliances help reduce monthly utility costs. Fresno’s warm climate makes energy-efficient homes a smart investment, enabling homeowners to enjoy lower cooling and heating bills throughout the year.

4. Quick Construction and Move-In Time

These homes offer faster construction times compared to traditional homes, as they are built in a factory setting and assembled on-site. This reduces the likelihood of construction delays caused by weather or labor shortages, allowing you to move into your new home in a shorter time frame.

5. Flexibility in Location and Lifestyle

When you buy a manufactured home, you have the flexibility to choose the land where you want to place it. Whether it’s within a manufactured home community or on a private lot, the ability to select your location gives you control over your lifestyle. Additionally, many communities in Fresno offer amenities such as pools, fitness centers, and playgrounds, creating an enjoyable living environment.

Purchasing new manufactured homes for sale in Fresno, CA, is a smart choice for homebuyers looking for modern amenities, affordability, and a streamlined buying process. Fresno's housing market offers plenty of opportunities for those ready to invest in a home that fits both their budget and lifestyle.

Ready to make your dream of homeownership a reality? Discover the benefits of owning a new manufactured home. Contact Kerman Mobile Homes Inc. today at (559) 846-9373 to learn more about our custom housing solutions.

Top Five Justifications Behind Manufactured Home Quality and Affordability

Sun, 08 Dec 2024 22:15:02 GMT

The following are 5 of the top “justifications” for savings derived from modern manufactured home production processes that create value, allowing more Americans to realize quality affordable home ownership, even in the face of an ever-widening housing affordability gap versus traditional site-built homes.

In all respects of quality of construction and all other measurements, as delineated below, a new manufactured home is at least equal or superior in every aspect to a site-built home at a cost of about 50% less. It may seem odd to “justify” quality and affordability, but sometimes you must, especially when there is such a large disparity in comparative cost of a home. The following are 5 of those justifications:

(1) Measurable Savings In Reduced Completion Expediency

“Time is money,” greater flexibility and efficiency of the manufacturing process allows for customization of each home to meet a buyer’s lifestyle and needs and are preplanned before the home begins the construction phase and does not delay completion. Typically, a customized new manufactured home can be built and ready for occupancy on site within weeks, as compared to months for a home built on site. This expediency accounts for much of the savings in becoming a manufactured home owner.

(2) Controlled Environment And Assembly Line Techniques

The controlled construction environment and assembly line techniques remove many of the problems encountered during traditional construction, such as weather, theft, vandalism, damages to building products and materials and unskilled labor. Manufactured home factory employees are well trained and managed more efficiently than the system of contract labor employed by the site-built home construction industry.

(3) Benefits From The Economies Of Scale

Much like other assembly line operations, manufactured homes benefit from the economies of scale resulting from purchasing large quantities of material, products and appliances. Manufactured home builders can negotiate substantial savings on many components used in building a home, with these savings passed on directly to the homebuyer.

(4) Evolution In Factory Built Technology

Today’s manufactured homes have experienced an evolution in types and quality of home available to buyers. Technological advances allow manufactured home builders to offer a variety of architectural styles and exterior finishes heretofore were not available off-site, that will suit most any buyer’s dreams, while allowing the home to blend in seamlessly into most neighborhood.

(5) Efficiencies Of The Factory Building Process

The affordability gap in comparison to traditional site-built home is primarily due to the efficiencies of the factory-building process. Manufactured homes are built almost entirely off-site on a factory assembly line.

Facts and Statistics Confirming How Manufactured Homes are at he Forefront of Quality Affordable Housing

Mon, 04 Nov 2024 04:54:16 GMT

The following overview snapshot provides statistical verification confirming how manufactured homes are at the forefront in satisfying the need for quality, affordable housing, at a time when that need has never been greater.

Today’s manufactured homes can deliver outstanding quality and performance at prices that are up to 50 percent less per square foot than conventional site-built homes.These savings allow more and more Americans to own their own home, even in the face of an ever widening housing affordability gap.

22 Million Americans Live in Manufactured Homes

9% of New Single-Family Home Starts

Manufactured Home Communities

43,000 + Land-Lease Communities

4.3 Million Estimated Home Sites in Communities

4.2% Average Annual Site Rent increase

51% of New Homes are placed in communities

71% of Residents Cite Affordability as a Key Driver in Choosing Manufactured Housing

90% Of Community Residents are Satisfied With Their Homes

Affordable Homeownership

Manufactured Homes:

Appreciate- Median-Value increased 39% compared with 33% for site built homes (without land).

Manufactured Homes:

$108,100 Average cost

$72.21 Per Sq.ft.

Single Section $72,600

Multi-Section $132,000

Site-Built Homes:

$365,000 Average Cost

$143.83 Per Sq.ft.

143 Manufactured Home Production Facilities (35 Corporations) in The United States

26 production plants in Texas
18 production plants in Alabama
10 production plants in Tennessee
11 production plants in Pennsylvania
9 production plants in Georgia
9 production plants in Indiana
9 production plants in California
9 production plants in Florida
5 production plants in North Carolina
5 production plants in Oregon
5 production plants in Arizona
3 production plants in Idaho
4 production plants in Minnesota
2 production plants in New Mexico
2 production plants in Nebraska
2 production facilities in Wisconsin
2 production plants in Ohio
2 production plants in Washington
1 production plants in Mississippi
1 production plants in Virginia
1 production plant in Washington, So.Dakota, Kansas, Oklahoma, New York.and Kentucky
0 production facilities in Montana, Wyoming, Alaska, Hawaii, No. Dakota, Wyoming, Nevada, Utah Colorado, Iowa. Missouri, Arkansas, Illinois Louisiana, Michigan, West Virginia, South Carolina, Vermont, New Hampshire Maine, Massachusetts, Maryland and Washington D.C.

What to Know if You’re thinking About Buying A New Manufactured Home

Sun, 08 Sep 2024 23:16:50 GMT

Formerly known as “mobile homes,” manufactured homes are sold mostly through retail dealerships and can be customized to fit your needs and budget.

Manufactured homes are an affordable alternative for home buyers, and are available with features and amenities found only in site-built homes, and will have a cost of about 50% less than a comparable site-built home.

Here’s what to consider if you are thinking about buying a new manufactured home.

What is a manufactured home? – Manufactured homes are built in factories according to construction and safety standards set by the U.S. Department of Housing and Urban Development,or HUD. The homes are built on permanent chassis – base frame with wheels – and then professionally transported in one or more sections and installed on site. The wheels and axles are removed, and the homes are anchored in place. They can be set on permanent or semi permanent foundations.

What is a mobile home? – The terms “mobile homes” and manufactured homes are sometimes used interchangeably, but there is a big difference. Mobile homes are factory-built homes that were built before June 15, 1976, when the federal standards went into effect. Manufactured homes are those built after that date,

The Manufactured home industry has come a long way in 40-some years, so new models are a far cry from the mobile home stereotype.

Buying a manufactured home - Most manufactured homes are sold through retailers. You may find retailers and available homes near you here at ManufacturedHomes.com ., including a large selection of 3D videos of interiors of model homes available, as well as online price quotations before visiting a retailer.

Cost of a manufactured home – The average sales price of a manufactured home in November 2019 was $81,600, according to the latest available data from the U.S. Census Bureau.

But the basic home price isn’t the only cost to consider. There are also upfront costs for land if you purchase a lot and for adding any features, such as steps or patios, or sitting the home on a permanent foundation. Often the cost of transporting and setting up the home is included in the price. Make sure you understand everything that is required and include those costs in your budget.

Residents in manufactured home communities typically pay ongoing ground rent as well as fees for shared amenities, services and utilities. Factor in those costs when thinking about living in a community.

Manufactured home loans - You can find a lender through a manufactured home retailer. Manufactured home lenders and retailers have agreements to work with one another. Or you can find a lender on your own that’s willing to finance a purchase from that retailer.

Two main types of loans are used to finance a manufactured home: mortgages and chattel loans. Generally, manufactured homes must be permanently fixed on a foundation and titled as real property with the land to be eligible for financing with a mortgage. Other manufactured homes are titled as personal property and are eligible for chattel loans.

Not your grandpas mobile home

Mon, 02 Sep 2024 22:18:29 GMT

Today’s Manufactured Home is not Your Grandpa’s ‘Mobile Home’

More than 21 million people in the USA live in approximately 8.2 million factory-built homes. It is estimated that more than one-half of these total occupants actually live in “mobile homes.” Remarkable, considering there have been zero new “mobile homes” built since passage of major federal legislation in 1976 (the HUD Code), creating today’s manufactured homes.

Manufactured homes have long been maligned, defamed and discounted as a fiscally responsible source of affordable housing, thanks to archaic stereotypes of mobile homes and “trailer parks”.

The facts are undeniable – mobile homes were, and to some extent, a blessing for thousands of families in achieving the unique affordable American dream of homeownership. It is also undeniable that the stigma associated with mobile homes of 50 + years ago has had a negative impact on manufactured homes of today.

Often potential purchasers of manufactured homes will voice concerns that the manufactured homes of today are not any different from the mobile homes of the past. In fact, shoppers of manufactured homes will most often call today’s manufactured housing- “mobile homes.”

The following are some definitions commonly used in the mobile home era spanning the years prior to 1976 HUD Code implementation.

Mobile home : “trailer” or “trailer house” – “wobbly box”
Single wide : “slick side” or “expando” (expando was a single wide with a slide out room to expand the living room area and/or a double expando with also a slide out room from the rear bedroom.
Double wide : The two section mobile home was initiated in the 1960’s. Often referred to as a “two banger.”
Triple wide : The three section home was not prominent until the late 1960’s and early 1970’s.

Today’s manufactured homes are not your grandpa’s mobile homes .. They are factory assembled, energy efficient and come with features and amenities equal to new site built homes, such as covered porches and garages.

Manufactured homes look much the same as stick-built homes, but carry a much smaller price tag. In fact, a new manufactured home will have a cost up to one-half the price of a site-built.

Manufactured Homes are more affordable and Safer than Ever: Can They Help Solve the Housing Crisis?

Thu, 22 Aug 2024 01:50:55 GMT

Producers and federal housing officials are eager to point out that today’s manufactured homes present a variety of size and design options, and are safer than ever.

The Federal government says new safety standards and building materials mean home buyers priced out of site-built homes and have viable options.

Terrace Heights in Dubuque, Iowa, may fit common notions of what an older manufactured home community looks like, It features rows of small nondescript “mobile homes” set along quiet streets.

Some of the homes date back to the 1970’s. That was before climate change kicked up the ferocity and frequency of storms.

“If a tornado were to come into Dubuque, we would have to literally pack up the animals, get in a car and go find someplace safe”, said Lynn Murphy, who lived at Terrace Heights for about five years. The structure was built in 1978.

“You move into a trailer, especially a trailer park, because you want lower rent,” she said.

More than 800 miles from Dubuque, a group of manufactured homes in Washington presented a very different picture in early June. Model homes that would have not look amiss in any new subdivision in the country lined the National Mall for the Housing and Urban Development Innovative Housing Showcase., with numerous materials and features often not found in trailers and mobile homes in the past: granite countertops, stainless steel appliances and even customized floor plans..

“I encourage everybody to see what these homes look like. They will really surprise you,” said Teresa Baker Payne, who leads HUD’s manufactured housing program.

Beyond the amenities, HUD officials – and the Biden administration – say modern manufactured housing represents a solution to the affordable housing crisis and provides the safety and energy efficiency features that make the homes climate resilient.

People often use the terms ”mobile homes” and manufactured homes interchangeably. Mobile homes, what Murphy refers to as trailers, were generally built before 1976 and do not conform to the HUD Code, which sets standard for all manufactured housing in the country.

Today, the average price of a new manufactured home like the ones on display at the HUD showcase is about $127,250, according to data from the Manufactured Housing Institute (MHI). According to Zillow.com. The average price of a site-built house in Dubuque, where Murphy lives, is about $230,000.

HUD announces first of its kind, FHA loans for homes placed in Resident Owned Manufactured Home Communities.

Mon, 19 Aug 2024 20:37:23 GMT

New program offers affordable financing for organizations to purchase or refinance and revitalize manufactured home communities to lower housing costs across the country.

WASHINGTON - Today, the U.S. Department of Housing and Urban Development, through the Federal Housing Administration (FHA), announced the launch of its new Manufactured Home Community loan product, which will provide an FHA-insured financing option for the purchase, refinance, and revitalization of manufactured home communities. This action will help entities to preserve, stabilize, and revitalize these vital sources of affordable housing. The announcement was made this morning by HUD Acting Secretary Adrianne Todman at a media preview for the 2024 Innovative Housing Showcase on the National Mall in Washington, D.C.

“Manufactured home communities offer a stable and affordable housing option for many families. Today, HUD is providing new resources for preserving and revitalizing these communities by providing FHA-insured financing to mission-focused groups to buy or refinance and revitalize manufactured homes,” said HUD Acting Secretary Adrianne Todman. “This is just one of many ways HUD is empowering residents, industry leaders, and governments to expand access to innovative, affordable housing solutions, particularly in rural communities.”

Beginning today, certain mission-focused entities such as resident-owned manufactured home communities, cooperatives, non-profit entities and consortia, state and local governments, community development financing institutions, and Indian Tribes, will be eligible to use this program to finance the acquisition of or to improve existing communities, including making updates to common area resources and helping to maintain rent affordability. This tool provides an alternative to purchase of these communities by private equity funds and similar financial interests, whose track record reportedly includes unaffordable rent increases, failure to invest in community infrastructure, and regulations that don’t respect the community’s culture.

This permanent financing tool complements HUD’s recently announced PRICE program , which offers competitive grant opportunities for investments in affordable manufactured home communities.

HUD estimates that more than 5,000 individuals and families, based on average community size, could benefit from the program within the next five years. This Manufactured Home Communities program leverages FHA’s Multifamily 223(f) program, which will now provide permanent mortgage financing for manufactured home communities that may have previously been ineligible, and for previously ineligible manufactured home cooperative borrowers to be eligible to acquire and obtain financing for existing communities.

“With this product, HUD aims to support resident-owned communities and other mission-focused owners who are committed to high-quality, affordable manufactured housing that is not at risk of exorbitant land rent increases that jeopardize the stability of their homes and futures,” said Assistant Secretary for Housing and Federal Housing Commissioner Julia Gordon.

“Today’s announcement is an important first step for a program that we hope will provide a meaningful path to both affordable manufactured home community creation and preservation,” said Deputy Assistant Secretary for Multifamily Housing Programs Ethan Handelman. “As we progress with the program implementation, we will continue to assess both its scope and entity eligibility.”

Why Manufactured Homes Appeal to a Wide Range of Demographic Groups

Sat, 17 Aug 2024 13:32:08 GMT

A study by Foremost Insurance Company showed that the average manufactured homeowner is 49.9 years old. However, today’s high quality affordable manufactured homes appeal to a wide range of demographic groups. The following three groups and their motivations for choosing new modern manufactured housing are summarized below.

“Baby Boomers” – (aka Generation X -born between 1946-1964). This generation makes up a substantial portion of the world’s population. It represents 21.9% of the population in the U.S.. These are “senior citizens” who desire to downscale the size of their homes. A large percentage of these retirees purchase manufactured homes for placement in senior communities that are designed to satisfy a safe comfortable lifestyle with the social activities that encourage interaction with others of the same interest and age.

Baby boomers are perhaps the biggest advocates of manufactured home ownership and tend to be very involved in encouraging other seniors and friends to join in this ideal lifestyle, and are appreciative of the customization aspects of today’s new manufactured housing.

“Empty Nesters” – Empty Nesters are those who also want to downscale the size of home, but often for other reasons.These are couples in the 45 to 60 age group whose children have grown into adults and have left the family home to create their own families – leaving mom and dad living in a larger home than they need or want. Empty nesters are usually still working and want to eliminate the upkeep expenses of a home, energy colts, property takes and are looking forward to being in a financial position to retire comfortably when the time arrives.

“Entry Level” or “First-Time Buyers” – The Foremost Study also found that 59% of manufactured households have no children, and the average size of manufactured home households is 2.7 persons. This counters the belief of some planning and zoning commission that manufactured home owners have more children and therefore will add to school overcrowding. However, over the last few years some states have passed legislation making it illegal to discriminate against manufactured homes.

Families have been the “heart and soul” of factory-built manufactured homes for over five decades. Today’s new manufactured home is a great option, especially when considering the savings in energy cost, fire and wind safety, and the ability of a home to match a family’s wants and needs. All that and the fact that a new custom built manufactured home is “everything a home should be” and meets all the criteria of homeownership, including quality of construction and appearance, and will have a cost of about 50% less than a comparable home built on site. A manufactured or modular home attached to real property is eligible in most situations for mortgage financing equal to a traditional site-built home.

In conclusion, it can be said that manufactured homes have something for everyone and is truly the realization of the uniquely American Dream of Homeownership for all demographics.

The Outlook for Housing in 2024 and 2025: The Rise of Factory-Built Homes

Mon, 12 Aug 2024 04:38:10 GMT

As we move further into 2024, the housing market continues to grapple with significant challenges, including affordability issues, supply shortages, and environmental concerns. In response, innovative solutions like factory-built housing are gaining momentum. This article explores the outlook for housing over the next two years, with a specific focus on the burgeoning factory-built housing sector.

Current State of the Housing Market

The housing market remains under pressure from several fronts. According to the National Association of Realtors, existing home sales have been sluggish due to high mortgage rates and a limited inventory of homes for sale. Moreover, the National Association of Home Builders reports that construction costs remain elevated, driven by labor shortages and supply chain disruptions.

Factory-Built Housing: An Emerging Solution

Factory-built housing, which includes modular, manufactured, and prefabricated homes, presents one viable solution to these challenges. These homes are constructed in a controlled factory environment, which allows for greater efficiency, cost savings, and quality control compared to traditional on-site construction.

Advantages of Factory-Built Housing

Cost Efficiency: Factory-built homes can be constructed at a lower cost due to bulk purchasing, economies of scale, and reduced labor costs. The McKinsey Global Institute highlights that factory-built housing can realistically reduce construction costs by up to 20%, and in some cases, even more.
Time Savings: These homes are built faster than traditional homes, as construction can proceed without delays due to weather or site preparation, or material outages. According to the Modular Building Institute, factory-built homes can be completed 30-50% faster than site-built homes.
Environmental Benefits: Factory-built homes generate less waste and are often more energy-efficient. The Environmental Protection Agency notes that these homes typically have a smaller carbon footprint compared to traditional construction methods.

Market Outlook for 2024 and 2025

Increased Adoption and Market Growth: The adoption of factory-built housing is expected to accelerate in the coming years. According to a report by MarketsandMarkets, the global modular construction market is projected to grow from $84.4 billion in 2020 to $130.5 billion by 2025.This growth is driven by increasing demand for affordable housing, advancements in construction technology, and growing environmental awareness.

Government Support and Policy Changes

Governments are beginning to recognize the potential of factory-built housing to address housing shortages and revitalize neighborhoods. Several states are revising zoning laws to accommodate modular and manufactured homes. For instance, California has introduced legislation to streamline the approval process for factory-built homes, aiming to increase the state’s housing supply.

Technological Innovations

Advancements in technology are also poised to boost the factory-built housing sector. Innovations such as 3D printing, smart home integration, and sustainable building materials are being incorporated into factory-built designs, making them more attractive to consumers. A report by McKinsey & Company highlights that digital tools and automation in construction can further reduce costs and enhance productivity.

Challenges Ahead

Despite the promising outlook, factory-built housing faces several challenges. Regulatory hurdles, public perception, and financing issues remain significant barriers. To overcome these obstacles, stakeholders must continue advocating for policy changes, raising public awareness, and developing innovative financing solutions.

Conclusion

As we look ahead to the balance of 2024 and 2025, factory-built housing stands out as a promising solution to many of the housing market’s challenges. With its cost efficiency, time savings, design enhancements, and environmental benefits, factory-built housing is well-positioned to play a key role in addressing the housing shortage and making homeownership more accessible. By embracing innovative approaches and supportive policies, we can create a more sustainable and affordable housing future

Sources

National Association of Realtors, “Existing Home Sales Report,” 2024.
National Association of Home Builders, “Construction Cost Survey,” 2023.
McKinsey Global Institute, “Modular Construction: From Projects to Products,” 2019.
Modular Building Institute, “Modular Construction Overview,” 2023.
Environmental Protection Agency, “Green Building Standards and Certification Systems,” 2023.
MarketsandMarkets, “Modular Construction Market – Global Forecast to 2025,” 2020.
California Legislative Information, “AB 1030 Housing,” 2023.
McKinsey & Company, “The Next Normal in Construction,” 2020.

New Manufactured Homes Have Popped Up on the National Mall – Showing They can Be Built fast and Inexpensively

Fri, 09 Aug 2024 19:09:00 GMT

The Innovative Showcase, staged by the U.S. Department of Housing and Urban Development (HUD), was a public event running June 7-9.

Source: excerpts from a report via AZPM News by Laura Wamsley/Heard On All Things Considered .

Washington – On the wide open, grassy space at the National Mall, halfway between the U.S. Capital and the Washington Monument, a temporary village has sprouted up in recent days. Several tiny homes lined the paths, and workers assembled what looked like an instant log cabin. A few manufactured homes were clustered near the Smithsonian Castle.

This is the Innovative Housing Showcase, staged by the U.S. Department of Housing and Urban Development (HUD), a public event running June 7-9.

At a preview on Tuesday, Acting HUD Secretary Adrianne said the event is about a glimpse of the future – and showing ways to expand the country’s housing supply.

“We know that access to a home is one of the most pressing things for families across the country,whether you’re renting or wanting to become a first-time homebuyer. And one of the ways that we know to bring down costs is to just build more housing,” said Todman. “Just build more, Build, build, build!”

Tom Perez, the former Secretary of Labor who’s now senior advisor to President Biden, said housing is top of mind for the Biden Administration. “When we think about the meetings that we have had at the White House recently, the issue of housing has been either the most or second-most discussed issue,” he said.

CAVCO INTRODUCES DUPLEX MANUFACTURED HOME

The backdrop of the speeches was a bright, stylish manufactured home, what used to be known as a mobile home. The innovation? It’s a duplex. HUD sets national building standards for manufactured homes, and recently changed its code to allow homes like this.

“So this is one unit, and it’s separated by a firewall for a second unit. So instead of having an opportunity for one family, we now have an opportunity for two families to live affordably,” Todman explained, standing inside the home.

Richard Smith is a sales manager at Cavco, the company that built this home. A duplex like this might be used in infill areas where space is a premium. “It allows us to get more affordable homes,” Smith says, so it really just helps solve a piece of the affordable housing crisis.

Small Manufactured Homes Will ‘Check all the Boxes’ for Living Legally in a ‘Tiny Home’

Tue, 06 Aug 2024 16:09:57 GMT

In early 2019 we posted our blog addressing the legality issues plaguing “tiny” houses and the available “make sense” manufactured homes alternatives for tiny home aficionados.

Fast forward five years later. The so-called tiny home movement has gained momentum, but is plagued with the legalities of residing in a home without any universal building code requirements and/or financing options.

Living Legally In A “Tiny Home” Can Be Exceedingly Difficult, But Not Necessarily – What is a “tiny home”? Most of those television depictions seem to indicate that it is a structure built upon a wheeled trailer offering under 400 square feet of living space. However, there are those of the tiny home community that suggest the definition should include any small home under 800 to 1,000 square feet.

Many local governments have a minimum size requirement (often 800 to 1,000 square feet) for single family homes, prohibiting construction and/or installations of tiny homes on their own plots. Those minimum size requirements and the absence of a national certification by the builder, eliminates habitation, except perhaps as an auxiliary dwelling unit (granny flat, guest house),etc.

Park Model RV’s And Small Manufactured Homes: How Are They Different? – Today’s modern manufactured homes are the only form of residential housing built to a federally mandated national building code: The Manufactured Home Construction and Standards Act of 1974 (HUD Code). HUD Code applies only to homes with a minimum 400 square feet of living space.

Major recognized manufactured home builders also build under 400 sq. ft. Park Model RV’s that should be included in the “tiny home” conversation. These homes are generally constructed to a national recreation vehicle code that certifies builder’s stringent adherence to health, safety and roadworthy requirements.

Park models produced by manufactured home builders are skillfully designed to maximize comfortable living space and incorporate the same quality of building materials, appliances, amenities and workmanship utilized in construction of the larger HUD Code manufactured homes and site-built homes.

Quality constructed Park Models are welcome in recreational park communities, campgrounds and are ideal for guest homes, accessory dwelling units, vacation homes, second homes, etc. However, there are no known under 400 square square feet homes or recreational vehicles that will meet requirements as continuing permanent housing.

The only form of small living homes that check all the boxes for living legally full time, comfortably, inexpensively, with financing options , are HUD Code manufactured homes with over 400 square feet of living space.

Manufactured Housing Fits My Lifestyle! - CMHI

Mon, 15 Jul 2024 18:25:22 GMT

See how manufactured housing can fit your lifestyle! Click the link for more information.

TURNING OVER A NEW LEAF

Sun, 13 Dec 2020 10:00:15 GMT

Homeownership is an integral part of the “American Dream.” For many, however, it simply is not feasible. With family obligations, student loans, and minimum wages, the upfront investment required for homeownership can be too great a task for some. Fortunately, in recent decades, the number of programs that have helped people realize this dream has grown exponentially. Purchasing, however, is still a home is a huge financial commitment. It is also an investment that can yield returns in the tens of thousands if handled properly.

Owning a home can also have a lasting positive impact on credit scores when the terms are consistently honored. Though the benefits may be broad, there are many responsibilities and even some drawbacks that also come with owning a home. For many people, renting makes better sense. Let’s compare the two options and decide if you should be renting or buying your home.

The idea that renting is a lesser option than buying is quite common. Many feel that renting is equivalent to “throwing away money.” However, several scenarios make renting a better decision, financially and otherwise. A common misconception is that one can compare monthly rent with a potential monthly mortgage amount paid as an owner to determine if homeownership is the best option. Unfortunately, deciding between buying and renting is a lot more involved. A host of factors come into play, such as how long you plan to live in the home, how much the value of the home can reasonably be expected to increase (this is also known as appreciation), what tax break would you become eligible for as an owner, what fees you will have to pay when you finally make the purchase, and your current credit situation, which will have a large impact on your financing options.

When renting may be better…

As a general rule, the upfront cost of purchasing a home (also known as closing costs) are normally absorbed within the first five or so years. After five years have passed, the home's value will typically have appreciated enough to cover what the owner paid to close the deal. At this point, it may be possible to sell the home without incurring any significant losses. What this translates to is a five-year minimum commitment to the purchased property. For adults in their twenties and thirties, mobility and options are common priorities. This crowd may be better suited for renting and leasing.

If you are currently enjoying an amazing deal on a rental property, it may be in your best interest, financially, to stay where you are. Controlled rent, where the rent is charged at a fixed amount and can only be increased at certain pre-set increments, is a prime example of the type of deal that would make renting a smarter option than buying. The money saved on rent can be used to pay off other debts, therefore improving your credit in preparation for homeownership in the future. Or, your extra cash could be used to take advantage of investment opportunities elsewhere.

Significant tax breaks are another thing most people assume every homeowner enjoys. We all know what happens when we ass-u-m-e. In this case, it is never safe to assume that buying a home will come with significant tax breaks. The federal government does allow homeowners to deduct the cost of the interest paid on their mortgage from their taxable income. This is a great benefit if you own an expensive home with a steep interest rate. However, on a low-priced home, the tax break may not be quite enough to consider it an incentive to give up your rental and buy.

When The Time Is Right To Buy…

If, after considering the points above, you still feel yourself leaning towards the “Ready to Buy” category, here are a few more items to factor in. The first is, how much home can you comfortably afford, or how big a mortgage can you obtain? A mortgage is a loan that is granted for the specific expressed purpose of purchasing a home. It is considered a “secure” loan because if you default for any reason, the lender can claim the property. Primary factors that determine your mortgage amount include your credit report, your ability to come up with a down payment, income, debt, and job history.

In addition to the mortgage itself, many other financial responsibilities and obligations are associated with owning a home that a newbie may find financially strenuous. Your mortgage payment will consist of two parts, principal and interest. The principal is the amount you borrowed from the lender, and the interest is the fee they charge for furnishing the loan. However, this is just the beginning. You will also need to be prepared to pay property taxes to your town, city, or country, insurance to protect your new investment, as well as Home Owners Association (HOA) or some other type of Condominium and Cooperative (co-op) fees, which are very common.

Considering all the details, the dream of owning a home can seem more like a nightmare if you haven’t taken the proper measures to prepare yourself and your finances. If you stay ready, you won’t have to get ready. Establishing and maintaining healthy credit is the best way to align yourself to achieve the goal of owning your own home whenever you are ready!

Financial Freedom

Sun, 15 Nov 2020 03:02:26 GMT

Life is expensive! For many, the issue is more about learning to live within your means less about having enough money. We intended to make you feel confident about stepping into the life you’ve always wanted. Having multiple streams of income is the new path to financial freedom. The idea of being a millionaire is naturally very attractive and would almost guarantee the luxury and opulence that so many seem to crave. Living the American Dream is a common goal shared by most if not all Americans and working people everywhere. Ideally, we want the maximum pay for minimal work, effort, or use of resources. If we can’t have that, we’ll accept being paid to do the things we love and are passionate about as a close second.

Is there an actual income benchmark that will guarantee an achievable life? Is it practical to expect to be able to actually have good credit and live a great lifestyle on your current income? Every social media outlet to be named is filled with images and quotes full of inspiration and motivation encouraging individuals to pursue their passions and never give up! These admonitions are edifying, however, a common conception about business is that “It takes money to make money.” After reading this article, you may not find it so far-fetched to believe that one can live quite comfortably and maintain healthy credit with any income, family size, and demographic.

At the core of the conversation is quality. Having good credit provides access and resources to improve the quality of our lives and mobilizes us to do the things we want to do most with the people we care for most. Naturally, what is comfortable for one may not be for the other. Family size, geographic location, and cost of living are just a few factors impacting what it takes to live comfortably. However, what we do all have to share is the fact that, unless you were born into wealth, you likely spend your time trying to strike a balance between the time you spend making a living and the time you spend actually living!

Nevertheless, there are a great many who do not seem to have an overwhelming yearning to accumulate wealth far beyond what they require to support a comfortable life for themselves and their families. In fact, more often than not, what many people really desire is the liberty that comes with no longer needing to trade time for money. Ultimately, what defines luxury for the majority is to simply reduce the amount of time spent trying to make money.

Localize: If you live far from your current job you may want to consider a move. Cutting your commute will increase your quality of life by reducing the stress and anxiety associated with driving in traffic. You will also save on gas and vehicle maintenance.

Make a Plan: When you’re thinking of buying, plan…plan…plan! There’s no reason to rush into a mortgage or property purchase. If you cannot comfortably handle the down payment, closing costs, and annual taxes don’t sweat it. It may not be time for you to buy. When you do buy, try to make a habit of paying “mortgage and a half”. By that I mean pay one half mortgage payment more than you are required. For example, if your payment is $800, pay $1200 to burn your mortgage early and free up your future income! A little discipline now can lead to a lot more freedom later.

Give to Get: This may seem counter-intuitive. But, hear me out! Luxury is not just about labels and digits on a paycheck. It is also very much about living your best life and doing the things that make you most happy and fulfilled. While volunteering will not earn you money, it’s a great way to incorporate doing something you enjoy and helping others all at once. Also, the skills you acquire can always be added to your resume and may even give you an advantage for future opportunities.

May these three simple steps encourage or even compel you to begin moving towards your best life, beginning with good credit!

COMMON SENSE CREDIT COMEBACK

Mon, 19 Oct 2020 03:05:18 GMT

By and large, there are two types of people in this world; those of us who are organized and those of us who are not! If you are routinely misplacing bills, checks, and statements that you should be cashing, paying, or filing part of the problem may be the sense of “too much”-ness. De-cluttering your financial life is as simple as simplifying and minimizing the ways that you handle and manage your money with the goal of leaving as little room for human error as possible.

Of course simplifying a part of life that, for many, is often the most complicated and produces the most stress sounds like a wonderful idea. If it’s so simple, why doesn’t everyone do it? My best guess is that the comfort that established routines and stability offer outweigh the perceived benefits of taking the steps to adjust. However, with just a few changes, anyone can enjoy the benefits of a decluttered financial life.

If you don’t already own one, start by purchasing a shredder. Most utilities, banks, and service providers offer virtual statements. There simply is no need to keep or store old bills and statements. Shop around to find the best deal for your budget and need. A cross-cut shredder is most secure, but one that cuts into strips will do the job. If you’re looking to save a few bucks, and who isn’t, try searching Craigslist.com or your local thrift stores before investing in a new one.

Now, whether you receive paper bills or electronic ones, make it a habit to pay them right away. If you are the type to open a bill and wait a few days or weeks before paying, you’re just adding additional steps to the process. During this time you run the unnecessary risk of losing the bill, forgetting to pay, and even accruing late fees. If your budget restricts you from paying every bill as soon as it arrives, decide right away what day you will pay. Most websites will allow you to pay on-line and even schedule your payments in advance.

Disposable spending money should be stored in an account of its own to avoid overspending or spending money that is needed elsewhere. Payment of utilities and other bills can also be automated. If your service provider will not automatically debit your payments check your bank’s on-line bill pay system.

Split up your income into specific categories and assign a specific function to each category. Then, automate deposits into these accounts. Money that will be set aside for savings such as a 401k retirement plan can be automatically deducted from your pay and stashed in a separate account.

Finally, get rid of all the paper. There are a number of apps you can choose from to store receipts quickly and easily. With a quick scan, any other important documents can also be stored electronically with virtual tools such as NeatReceipts and NeatDesk. These tools, essentially, eliminate the need to store and keep hard copies of receipts and other documents that tend to take up space and clutter up your life.

Not every recommendation above will suit you. However, if you read this far down you must have found some value in the tips that were mentioned. The key is to start. Begin by adopting the most useful and applicable tip for your life from above and progress from there. You may be surprised how one good habit deserves another!

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Mon, 12 Oct 2020 03:08:20 GMT