By Thomas Bleier
While money matters are still a great concern for many, there are some who are taking full advantage of things that may have gone down in price. Take land for example, in certain parts of the nation, prices are unbelievably low. For the person looking to save even more money, modular homes are a good way to go, as far as long term investments are concerned.
This is becoming a growing trend in real estate as these are customizable and more physically stable than mobile homes. And the cost is only slightly higher but much less than buying a home that is built on the land. There are also many other advantages that a person should take into account.
When a home is built on land, it can present a number of issues such as exposure to airborne toxins and additional construction expenses can also incur from extreme weather conditions. There are also other matters such as labor issues and matters that are not visible to the human eye. With modular homes that are built inside a factory, the overhead is much less.
Although foreclosed properties are on the upswing, this can become a hassle for the person that is not educated on the construction and property preservation process. Sometimes banks overlook little things like standing water and electrical issues, which can be dangerous for anyone enters. While property preservation companies can assist, there is the chance that the owner may be charged for unnecessary services before the home becomes habitable.
While mobile homes are inexpensive, they are not known to stand the test of time. Though newer models are environmentally friendly and can last for some years, they make a better home away from home, at best. However, if a person is looking for a main residence, these are not ideal.
Another disadvantage to mobile units is that they cannot be customized. Adding an additional level or a sauna is not possible unless one has a contractor that will act in their better interest. However, mobile units that are located in an area that has extreme weather conditions, such as flooding, spending more money may not be a great idea.
Having this flexibility is great for the younger person who may be looking to start a family or add features down the road. Also, it is an environmentally friendly option since materials used to build a traditional home can pollute the air and make breathing uncomfortable for others in the area.
Choosing real estate is not easy nor should it be taken lightly. There are many aspects to consider whether a person is looking for a main residence or income property. A good price should not be a motivator to buy but quality as well. Being comfortable for the long run should also be an important factor. For the serious buyer, there are many who specialize in the building of modular homes that can handle any inquiries they may have.
This is becoming a growing trend in real estate as these are customizable and more physically stable than mobile homes. And the cost is only slightly higher but much less than buying a home that is built on the land. There are also many other advantages that a person should take into account.
When a home is built on land, it can present a number of issues such as exposure to airborne toxins and additional construction expenses can also incur from extreme weather conditions. There are also other matters such as labor issues and matters that are not visible to the human eye. With modular homes that are built inside a factory, the overhead is much less.
Although foreclosed properties are on the upswing, this can become a hassle for the person that is not educated on the construction and property preservation process. Sometimes banks overlook little things like standing water and electrical issues, which can be dangerous for anyone enters. While property preservation companies can assist, there is the chance that the owner may be charged for unnecessary services before the home becomes habitable.
While mobile homes are inexpensive, they are not known to stand the test of time. Though newer models are environmentally friendly and can last for some years, they make a better home away from home, at best. However, if a person is looking for a main residence, these are not ideal.
Another disadvantage to mobile units is that they cannot be customized. Adding an additional level or a sauna is not possible unless one has a contractor that will act in their better interest. However, mobile units that are located in an area that has extreme weather conditions, such as flooding, spending more money may not be a great idea.
Having this flexibility is great for the younger person who may be looking to start a family or add features down the road. Also, it is an environmentally friendly option since materials used to build a traditional home can pollute the air and make breathing uncomfortable for others in the area.
Choosing real estate is not easy nor should it be taken lightly. There are many aspects to consider whether a person is looking for a main residence or income property. A good price should not be a motivator to buy but quality as well. Being comfortable for the long run should also be an important factor. For the serious buyer, there are many who specialize in the building of modular homes that can handle any inquiries they may have.
About the Author:
Thomas Bleier is a green builder and home energy consultant. For more information on modular homes, visit www.wncabode.com.
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