Buying home is not an insignificant investment. But this should not deter you hoping that someday you will be able to buy. In fact, you can actually find out right now if you can actually do that. If you are tired of living in crowded rented apartments and you want to live in a place where you can have a bit of privacy, looking at manufactured homes or modular homes may be just the solution to your problem.
The best thing about a manufactured home is substantially cheaper than newly built home. But you do not have to worry if you'd be safe in it. The federal government ensures that all units are built according to the standards of the building regulations administered by the Department of Housing and Urban Development. The regulations cover standards for building design, construction, reliability and strength, fire resistance, energy efficiency and transportability. Covered also are standards for plumbing, air-conditioning, heating and electrical systems. It just like any regular home except of course that it is constructed under factory conditions and delivered to you. Generally, the size of manufactured homes ranges from 8 feet wide or more and 40 feet long or more. This means you can buy a manufactured home even if you have a family.
Because the construction of manufactured homes is strictly regulated by the HUD you will have no trouble about the quality. Such homes are definitely cheaper than homes constructed on site, but if you have concerns about your resources, you should try to find the manufactured home maker offering the most affordable units or find manufactured home lenders offering the most favorable repayment terms.
There are many companies engaged in the construction of manufactured homes, modular and mobile homes to respond to the growing demand for affordable but quality homes. There also many companies providing financing schemes for them.
If you have the land and a regular source of income, there is no reason for you wait until you have saved enough to buy a home. You can buy a manufactured home. These homes are built to last, safe, have all the amenities found in a regular home and a whole lot cheaper. And do not worry space, you have a choice of how big it should be.
So are you tired of living in crowded rentals? Why not look for a manufactured home manufacturer now?