A factory built house can offer you more house for the money, and is a popular choice for families buying their first homes, retirees, and others.
The factory built modular homes of today are not the mobile homes, manufactured homes or trailers of the past. These houses look like site built homes and work like site built homes.
Prefabricated homes have undergone a transformation in recent years. Once factory built housing was 'homes for heroes', a cookie-cutter answer to the housing shortage after the Second World War. Then factory build prefabricated homes became a quick fix solution to providing shelter for people left homeless after natural disasters. Now factory-built pre-fabricated homes come in a quality and upmarket designs. This means that financing on pre-fabricated homes has got a whole lot easier to find!
You can find repo manufactured homes that have already been sold to dealers at manufactured home lots all across the country. Often, these homes are priced lower than regular used manufactured homes because the dealer has less in them. Banks typically want the amount that is owed on the loan; depending on how much is owed on the original loan, repo manufactured homes can be purchased far cheaper than other used homes.
If you’ve ever considered purchasing a pre built home, but have hesitated because you were worried about quality, its time to take another look. Many of today’s pre built homes are well built structures constructed in a factory in much the same way as on-site construction homes.