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Old 10-15-2008, 07:44 PM  
avalanche
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Quote:
Originally Posted by dav3 View Post
if one were about to purchase a modular home, what would be the key areas to concentrate on during an inspection?
Be aware that there are big differences between modular homes, manufactured homes, and mobile homes. Some people lump them all together, but they are not the same. The biggest concern when doing an inspection is finding an inspector that is familiar with that type of home specifically and making sure you get a full inspection, which you should always do on any kind of home. Why would try to save a few hundred bucks when spending thousands?

Then seriously investigate financing options before you sign any contracts.

Lastly, you should also look at homes in the surrounding area. Are they all the same kind or are they mixed. If mixed, make sure you're not buying a one of a kind home. This prevents even more problems. The example of a log home in the mountains can be a kit home (modular in style) and cause even more problems as there are zero comparables to value the house. This makes resale difficult, valuation difficult, and financing even worse!
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Last edited by avalanche; 10-15-2008 at 07:46 PM..
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