Guide for First Time Home Buyers about Modular Homes in Michigan
What are the things I need to know about modular homes in Michigan when I am a first time buyer? How would I identify a modular home? Who are the persons I need to meet to construct my dream home? How much will it cost me to build a modular home in Michigan?
First time home buyers need help about their decisions to own a modular home in Michigan and Legendary Homes is giving top guidelines to ensure you will make an excellent and educated decision.
Description of Modular Homes
Modular homes, also known as system-built homes, are pre- built houses designed exactly like the conventional homes, but differ only in construction. They are made in a factory as very huge modules, and then combined on a building site by a crane. Because it Is factory- built, modular homes use energy efficient technology to reduce utility costs; and have less molds, and warped walls. Most general contractors prefer modular homes because they are inexpensive, energy efficient, durable and have the ability to be customized. Additional features such as garage, decks and others are done through stick- built construction.
Modular homes in Michigan have different set of designs like cape cod, ranch and two- story. Among these three, most home builders in the state recommend the ranch style modular home. Home buyers are able to customize the exterior design and floor of modular homes. Moreover, they are built according to the local building codes and have an increase value over time.
Modular Homes Construction Team
Modular homes in Michigan are not just constructed by a general contractor and his workmen. He also needs other professionals to work with him so your dream home will be completed quicker.
The first person a first time buyer must know is the home dealer. He is the one who guides you in what type or design or floor plan your modular home will be. Then when you have chosen the floor plan, he will refer you to the home builder, who will then give an estimates on how much will you be spending for the construction.
The third person in the modular home construction is the manufacturer. Often you will not encounter this person because they deal with your local home builder most of the time. They are responsible to maintain the factory and for the transportation of the modules. Lastly, you have to have an excellent overseer of everything. He’s called the general contractor or the manufacturer’s authorized builder, who looks over the onsite and offsite activities to complete your modular home. He ensures everything is secured to its proper places and that the building process performs and conforms to the building codes.
Modular Homes Cost and Financing
Generally, most first time buyers will ask first about the expenses that they will be shouldering for the construction of their home. Most manufacturers will not give the exact cost of your home, rather they will give you an estimate, and usually they will give the manufacturer’s price. General contractors will ask you questions about your modifications on the standard floor plan that you choose so they can give the best price. Remember that the more customization you make, the more expensive your home will be.
Because of today’s economic debate, most general contractors give their buyers home financing assistance with a trusted lending institution. When talking about modular home financing, a home buyer will undergo two stages. These stages of home loan is the construction-to-completion loan, where the bank pays for the construction after you have given the required down payment; and the second stage is where you will pay the regular payment after the completion of your home, and this is termed as mortgage.
Aside from the mentioned guidelines above, first time home buyers must also consider other things such as location and size of their home before making an educated decision or investment.
“With its superior quality, energy efficiency, strong and budget friendly modular homes, Legendary Homes is one of the trusted modular home builders around Clarklake and Jackson Michigan for over 20 years of experience now. Legendary Homes helps in site location, acquisition of permits, excavation, foundation (including Insulated Pre-Cast Foundations), landscaping, breeze ways and other services needed to complete your home. As a company that prioritizes its customers, Legendary Homes allows you to customize your home. And most importantly, we assist in modular homes financing by working with the top lenders in Michigan.”
It’s amazing news to start building your dream home, right? “We can make your dreams a reality!”
