lifespan expectations

[sabrina]

hello
thank you for the idea! will see how next few days go then get back to you if no one offers me their books, ok? smile back at you.

what can i expect in lifespan for a manufactured home? that's probably such a wide question as to be unanswerable. but, if i should buy, say a '97 manufactured, would it live without major problems for 30yrs? are you laughing at me??? grins

would a modular have a better life expectancy? there's a bella vista '99 doublewide for 39k that must be moved....

am also applying your advice about getting the nickel ads where i want to live and buying directly from owner. other than the site listed here, are there any other sites for fsbo modular/manufactured i should be checking?

oh, and yes, fha will underwrite but it'll be a usda rural development loan at a whopping 1%!!! with 5k for down/closing deferred at 0.5%....pretty cool huh?? is it politically correct for this site to put out there that i can help others get involved in this program? i've been doing A LOT of research and communicating all across the nation and know more than most public housing officials! sure would like to see other persons be helped and want to do it just to help.

[Donna]

How do I get this type of financing?

[sabrina]

donna, see my posting above titled ch7, below poverty, buying home.
thanks for asking. i wish you well!
s

[jgn]

Sabrina:

You are correct in that there is no absolute answer to your lifespan question. The most important thing is proper setup and surrounding conditions but this holds true with any home. If the home is setup correctly, you maintain it correctly there is no reason it shouldn't last as long as any other home. If, on the other hand it is not set correctly or you have water, pest or other problems than you have a home that will not last as long. Remember a manufactured home is a stick built home on a metal frame that is built in a controlled environment and transported to your location. There is not the problem with the wood, drywall and other material being wet which is quite common in stick built homes. The contruction people do not have to deal with designs they are not familier with because the base is a box that they are use to working with.

As with anything you buy, if it is made of quality material by a quality company and set up correctly and maintained it should last forever. I have a 1976 DW as a lake home. We only use it in the summer and just lock it up for the winter. In the ten years I have owned it, I have just done routine maintenience with the exception of replacing a section of the roof that was damaged by a tree. This is in no way a quality home but I expect it to last another 20 years or until I get the urge to replace it whichever comes first. I make sure there is never standing water under it because that is the quickest way to major problems.

John

[rmurray]

Life span currently is considered to be an average of 55 years by the appraisors and banks....

this is the same as stick builts...of course considion and care influeance this greatly...I have seen 5 year old homes beat to pieces....

[sabrina]

thank you Mr. Murray and John!

that is very helpful and useful information.

i never imagined 55yrs. i was hoping for 20yrs which is when i will be elligible for a grant from hud to make major repairs. i am glad a good portion of my home's lifespan is in my hands by choosing first a well built home, then having it placed properly and choosing a good build site.

sabrina

[Gary]

Hello, the life spans of the quality builders, manufactured HUD or modular, is very good. Certainly how the home was taken care of makes a difference. Interesting you mention USDA financing. We here at my company do a lot with USDA and land/home. We are the largest manufactured housing developer in the the Ohio, Indiana and Kentucky area. It is a great program for the consumer, and very demanding of the developer...all in all great for everyone involved. We deal with the Redman's, Schult's and Patriot's of the world and their homes equal or exceed any site built home, hands down! E-mail me with any additional questions. Gary

[sabrina]

gary,
why are you attempting to sell yourself here without answering my question about the warranty?

if your company is so good, how come you did not answer my question with a resounding yes?

i think mr. murray's statements are very valuable about you being in very unique position to promote schult. why aren't you standing behind your product by answering yes to my question about the warranty?

sabrina