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The more I work in the real estate industry, the more it intrigues me. For example, what is the definition of "Site Built"? For the average laymen purchasing a property, or some Realtors® representing one party or the other, one could or would, logically assume the definition to mean, "Conventional Stick Built" construction from ground up, on site by tradesmen and laborers. But what about manufactured housing? These properties are "constructed" by tradesmen and laborers as well. They are "Conventionally Stick Built" off site, manufactured in an assembly plant, then shipped to the construction site on trailers where they are put together "on site" on conventional foundations in an controlled environment where the final assembly takes place. All this is designed to maximize profits for the builder. In some areas, these too carry the label of "Site Built". So my question to the industry is, are they "Site Built" or "Site Assembled"? It seems as if the real estate industry, as a whole, makes no differentiation between the two. However; the unsuspecting public associates the term "manufactured housing" with trailers or modular homes. These are often considered to be "Sub-Par" construction as compared to what the public considers the "norm" for the industry. Oftentimes, if the buyers knew the difference, they would not have put an offer in on the property. Then comes the area of "Honest Disclosure". For arguments sake, one could assume that the Realtor® or home owner does not know that the property is manufactured housing. However; the home inspector knows, or should know that the construction methodologies used do not conform to what the public deems "standard construction" or what one could consider "Conventional Stick Built" practices by design. Who now bears the burden of "Honest Disclosure"? How do they disclose their findings as to not upset the apple cart? Home inspectors are being sued out of business due to failure to properly disclose their findings. However; they must rely on Realtors® for their existence. It is a slippery slope we constantly walk. Is it not time, the industry as a whole takes a look at how they define or what constitutes the definition of "Site Built" vs "Site Assembled"? Should not the unsuspecting public and agents as a whole be aware of the differences between the two construction methodologies? Or is the fox, once again, looking after the chicken coop?
This posting and the contents herein are the intellectual property of Michael ThorntonCEO of Complete Home Inspections, Inc. We provide quality real estate and commercial inspections for Brentwood, Franklin, Nashville, Davidson, Williamson County TN and surrounding counties. This post is a contribution to the ActiveRain Real Estate Network.
This posting and the contents herein is the intellectual property of Michael Thornton,CEO of The Complete Group.
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.