The Role of a Manufactured Home Retailer

Building a manufactured or modular home requires close collaboration between the manufactured home retailer and the homebuyer. From helping you choose the ideal home that fits your lifestyle needs and budget to working with you on picking contractors to prepare the land, the retailer plays a vital role in the home buying process.

Buying a Manufactured Home Process: A To-Do Checklist

Buying a manufactured or modular home involves many steps, so we created this checklist you and your chosen retailer can use to help guide you through the process.

1. Set a Budget and Secure Financing

• Determine Your Budget: Assess your financial situation to determine how much you can afford on your home. Be sure to account for the cost of land, construction, permits, and any unexpected expenses that may arise.
• Get Pre-Approved for a Loan: Get pre-approved for a mortgage before searching for land or builder. The pre-approval process will give you a clear idea of how much you can borrow and help you understand various financing options. Additionally, explore different loan programs that might be available to you. It will also make you a more attractive buyer. Understanding the steps to obtaining financing, including evaluating your financial situation and credit score, is crucial.

2. Choose and Purchase/Lease the Land to Own

• Find the Right Location: When selecting land, consider important factors such as proximity to work, schools, amenities, and any future development plans. Owning land can provide greater flexibility in choosing the type of home you wish to place there, and it is important to check local regulations and the possibility of purchasing property separately to enhance your search for suitable locations.
• Conduct a Land Survey: Collaborate with a Champion Homes retailer or hire a professional to ensure the land is suitable for building. Key considerations include soil quality, zoning regulations, and utilities.
• Finalize the Purchase or Lease: Work with a Champion retailer, community, or real estate agent to finalize the purchase or lease of the land, ensuring all legal requirements are adequately addressed.

3. Find a Champion Builder, Retail Partner, or Manufactured Home Community Sales Center

• Research and Interview Builders from ChampionHomes.com: Look for builders with experience in the type of home you want. Be sure to check their references and read reviews. Consider builders who specialize in manufactured home communities, which often feature amenities like clubhouses and swimming pools. Additionally, explore mobile home parks as a housing option, as they provide allocated lots with necessary amenities and utility hookups.
• Review Contracts Carefully: Ensure the contract includes all necessary details, such as timelines, materials, costs, and provisions for handling delays.
• Sign the Contract: Once you’re confident with the terms, sign the contract and prepare to begin the building process.

4. Design Your Manufactured Home

• Choose a Floor Plan: Collaborate with a Champion Home retailer, community, or builder to select a pre-designed floor plan that meets your needs and fits the land, whether you are considering manufactured and mobile homes.
• Consider Offsite Construction Options: Explore offsite construction options that can lead to faster build times, more affordable home ownership, and eco-friendly benefits. Modular homes offer additional customization options and space efficiency compared to traditional site-built homes.
• Obtain Necessary Permits: Before starting construction, ensure that all required building permits and approvals are secured from local authorities.

5. Oversee the Construction Process

• Regularly Visit the Site: Stay engaged by visiting the construction site regularly to ensure the project progresses as planned and meets your expectations. Many loan options, including VA and conventional mortgages, require the manufactured home to be placed on a permanent foundation to qualify for financing.
• Communicate with the Champion Retailer: Communicate openly with your builder to address any concerns or changes that may occur during construction.
• Manage Costs and Schedules: Monitor the budget and timelines closely and be ready to make decisions if adjustments are necessary. Manufactured homes are often categorized as personal property, which can affect the type of financing available.

6. Finalize and Move In

• Inspect the Finished Home: Conduct a thorough walk-through with your Champion retailer to ensure everything has been completed to your satisfaction. Address any issues before making the final payment.
• Secure a Certificate of Occupancy: Obtain a certificate of occupancy from the local government, confirming that your home is safe and complies with all building codes.
• Move In: Once everything is in order, you can move in and begin enjoying your new home!