We have a new foundation system for manufactured home that meets FHA requirements.  It is called the Xi2 System.  It is a concrete foundation system and can be installed in any type of soil.  The total cost of the system is between $2,700 and $3,500 and that includes the Engineers Certification.  The engineer will go out the first time to determine if the system in place meets FHA guidelines and then he will go back out to certify the work if it is needed.  The $2,700 to $3,500 included both visits if needed.  This is about Half the cost of the Suresafe Foundation System.  The Xi2 System meets frost requirements and can be installed in one day.  It beats Anchors 5 to 1.  The Xi2 System is endorsed by the Manufactured Home Builders Asssociation.

If you have a listing that does not have a foundation and your buyers want to go FHA this is the way to go.  The contractor will bill escrow and collect the funds at closing.  This can open up many more qualified Buyers for your listings.

Call Lynne Dewar at (800) 552-1188 for more information.