The 411 on Home Buying in 2024
Everything you need to know about home buying in 2024 is found here, all in one place!
Take the stress out of purchase preparation.
We have compiled a short list of items to consider when purchasing a home.
At Baird Homes, we partner with the best manufacturers so that our clients (that’s you!) can have peace of mind at the end of the day.
Here are five things to consider to make your home buying experience smoother:
Manufacturer
As we said earlier, Baird Homes only works with the best manufacturers in the business.
We do the legwork for you to determine which manufacturers will best serve our clients.
That way, you can have peace of mind knowing that you’re being presented with some of the greatest options in the industry.
Many manufacturers we carry offer manufactured and modular designs that appeal to everyone.
You’ll have more than enough manufacturers to choose from to find the right fit for your style, budget, and needs!
Design and Floor Plans
Advancements in technology and design have made it difficult to tell the difference between manufactured homes and their site-built counterparts.
These advancements give you more flexibility concerning floor plans and features.
Talk of old-fashioned “mobile homes” or “trailers” is no longer a concern because the industry has drastically changed.
Optional floor plan features could include fireplaces, stainless appliances, and tile showers—and that’s barely scratching the surface!
Land and Foundation
Do you know what they say about a strong foundation?
It starts from the ground up!
With Baird Homes, we guide you through the site preparation process, which ensures your modular or manufactured home is installed professionally and properly.
Site access and evaluation before the home’s placement is a must.
Since these homes are delivered whole, we must ensure no obstacles are on the route to the home site.
Other land and foundation preparation that can be done at extra costs:
- Drilling wells if needed.
- Installing septic systems.
- Building a basement for your modular home.
- Clearing foliage and grading the site for drainage purposes.
Financing Options
As with site-built homes, you can purchase modular and manufactured homes through various financing options.
Financing tends to be easier if you’re a landowner since you have a tangible form of collateral.
Other than traditional mortgages, you can access federal-insured loans like:
- VA (Veterans Affairs)
- USDA (United States Department of Agriculture)
- FHA (US Federal Housing Administration).
If you don’t own the land on which your manufactured or modular home will be placed, the best option is chattel or home-only financing.
Most lenders ask for a down payment, among other conditions, before advancing loans.
A downfall of a home-only loan is that it can limit the kind of home improvements you can make around your manufactured or modular home.
Maintenance and Inspection
In addition to the HUD building code, the manufacturers Baird Homes carry conform to all relevant state and federal guidelines, making the process easy.
You still need permits and inspections for every step of your home acquisition.
This begins with presenting your home and site’s blueprints for evaluation and approval.
Other types of inspections include factory, power, sewer, water, and installation.
Some jurisdictions also require you to perform a soil engineering test before approval. This makes it easier to sell your house if you need to or apply for future loans.
Permits, inspections, and permissions are a necessity in each process.
And just as important, regular maintenance ensures the durability of your investment.
Other maintenance tips are:
- Repairing holes in your home’s skirting.
- Fixing damage around furnaces or water heaters.
- Regular plumbing inspection and maintenance to avoid water damage.
We’re certain that buying manufactured or modular is the next best step for you, and it’s more attainable now than ever!
Please feel free to contact us for more information on what you need to know before you buy and all the benefits you stand to gain from this worthwhile investment.
You can contact us here or on our Facebook page by sending us a DM!