 |
| |
|
| |
|
|
OldWarrior_42
|
|
Trailer home... not the same as a Manufactured home. Just to let you keep that Jerry Springer Trailer Trash picture in your head.
You are quite right though, about the resale value of the home.
Many mortgage companies and other companies that do refinancing (which you may consider doing down the road) do not take applications for Trailers or Manufactured homes. Even companies that may do refinishing work, such as replace roofing, windows, walls... or any addons.. do not accept those in Trailers or Man. Homes. These are only some considerations for you that may or may not take place in the relative future. But just some things to consider.
Reasons for Manufactured homes being cheaper and letting you afford more amenities you may not get from an onsite built home.... Quicker mass production of walls , roofing systems, trusses, etc... in a enclosed plant type atmosphere. No lost time building, due to weather constraints. Easier to put down on a site with just some more simpler underpinning and a smaller block foundation (crawlspace, I imagine) as opposed to setting larger footers... block walls, matbe even a basement... etc.
Faster production equals less in cost. There are some more reasons they are cheaper but that would entail a much longer and more detailed post. You can probably get better and more info from the Home Builders Association of your State.
As far as which is better.... I prefer a built on site home... but more so because I did alot of the work on my home by myself... so I know what I was getting and everything got done my way. More control for me as to what went into the job. Plus I saved about 20 grand easy by doing alot of the work... so that brought the cost down to equal or better than a Manufactured home.... I also have about 1.1 acres. Not alot, but enough for me.
They are also a little more sturdy in case of Tornados or Hurricanes or other extreme weather conditions... Providing that they are built well and not skimped on the materials. That is a big if.... if you know what I mean.
But Manufactured homes have come a long way in their sturdiness... cost effectiveness, energy efficiency etc.
What it boils down to is if you don't have the cash to have someone build it for you, or you aren't handy enough to do some of the work and save enough money to make it cost effective for you, then a Manufactured home with 5 acres is a very good deal. They are decent homes and sometimes, when done right, you cannot even tell the difference between the two.
Go for it if it gives you what you want and/or need.
Good luck and happy hometime. 
|
|
| |
|
|
|
OldWarrior_42
|
|
And I say to go for it, only because of what I read about what your husband wants and the instant gratification part.
As far as I am concerned, if it were me... I'd build. But I understand your considerations and financial situation and can see where your husband is coming from.
But try to talk him into building or as JohnT said... even get a fixer upper. As long as your husband is handy in that fashion. Otherwise the cost can become a burden to start fixing things and sometime may become a hassle due to time etc.... as well. Your choice , but I recomend built on site as my number one choice.
|
|
| |
|
|
|
OldWarrior_42
|
|
Septic tank should mean no sewer. Septic tanks are what is used in rural or county property, where the cities do not extend the sewer lines to.
At least here in NC anyway.
He is right about you possibly building later on, but I feel that you may be just wasteing alot of money in the present on the Man. home if the thought is to dump it down the road and start over again.
You never can tell what the market will be like for Man. homes in the future. If the cost keeps going donw to build these things... who would want to buy a used one if they can get a brand new one?
Someone will want to, but you may not get your price that you need in the future. It bugs me that these homes and some of the larger Trailer homes... doublewides to be precise, lose value as opposed to gaining value. But that is what happens. More so to Trailers almost exclusively, but alot to Modular/Manufactured homes as well.
I know onsite homes lose value at times as well... but usually due to poor maintenance, or depreciation of neighborhood.
For the most part, you almost can always be sure they will rise in value. That is a time proven fact.
These are all things to look into and you are best to talk to professionals in your state... as I referred above... The Home Builders association.... Good advice from John or anyone that has been down this road, take your time, research and study and ask questions. No need to go too fast, less you get burned.
Goodnight and good luck, again.
|
|
| |
All times are GMT. The time now is 05:28.
Apolyton Time is 00:28. |
top of page
|
| archivepost |
|
Forum Rules:
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
|
HTML code is ON
vB code is ON
Smilies are ON
[IMG] code is ON
|
|
|
|
|
|
24-05-2003 10:53
, island in the kitchen, etc. Lots of extra's that frankly you would expect to find in a house and that I was not expecting. I think I had this illusion of Jerry Springer in my head and "trailer trash" kept flashing through my brain. But the kicker here is that we can get this 1525 sq.ft. home along with 5 to 10 acres of land and if approved which it looks like we might be with no money down. And we get to pick the land.
The government had it up for $94k, we countered with $92k and that was accepted.
He want's at least 5 would love 10 but would go ga ga over 20. For him it really is about the land. His opinion is that if we got the manufactured home and got it set up septic, sewer, etc...that eventually we could get rid of the manufactured home and build our own since everything would already be there and installed. But how easy would it be to get rid of it. I see all kinds of manufactured housing in the paper with people trying to get rid of it.
|