As a mortgage broker previously I know I didn't know the difference between the homes- I just had the notion that manufactured were made of plastic. Well I was wrong and maybe something you have thought isn't correct either. Here are the facts.
A site built Home is:
- They are constructed entirely at the building site.
- They conform to all state, local or regional codes where the house is located.
- Often called 'stick-built' houses.
- A well-built, cared for site-built home generally increases in value over time, although its location plays a key role in value.
A Modular Is:
Modular homes are built in sections at a factory.
- Modular homes are built to conform to all state, local or regional building codes at their destinations.
- Sections are transported to the building site on truck beds, then joined together by local contractors.
- Local building inspectors check to make sure a modular home's structure meets requirements and that all finish work is done properly.
- Modular homes are sometimes less expensive per square foot than site built houses.
- A well-built modular home should have the same longevity as its site-built counterpart, increasing in value over time.
A Manufactured is:
Formerly referred to as mobile homes or trailers, but with many more style options than in the past.
Manufactured houses are built in a factory.
They conform to a Federal building code, called the HUD code, rather than to building codes at their destinations.
Manufactured homes are built on a non-removable steel chassis.
Sections are transported to the building site on their own wheels.
Multi-part manufactured units are joined at their destination.
Segments are not always placed on a permanent foundation, making them more difficult to re-finance.
Building inspectors check the work done locally (electric hook up, etc.) but are not required to approve the structure.
Manufactured housing is generally less expensive than site built and modular homes.
Shelley Haupt
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