A prefabricated home is a manufactured home composed of prefabricated structural components. These components are created in a factory and shipped to a building site where they are assembled and finished. Prefab homes will settle into their foundations after construction and finishing, just as a stick-built home will. Typically, any defects that occur during the construction process are covered by the home’s warranty or by the consumer. Florida prefab homes may not be your first choice for a home, but they can be a great deal if you follow a few steps when buying a modular home.

Before negotiating prices with a manufacturer, it is crucial to check the builder’s background. This is a common step when you purchase a modular home. Most manufacturers will deliver your modular house within their geographic area, but if you want to avoid any headaches, it would be best to find a local builder. These companies will be able to provide you with references and have experience with modular homes. Researching about them as to whether they do such thing or not will save you time and money in the long run.

The next step in buying a modular home is to secure financing. Know your budget limitation as well. Modular homes are often purchased through government-backed loans, so you should be able to secure a mortgage with a lower interest rate. However, you will likely need a high credit score to qualify for a construction loan, so be sure to know what your credit score is before making a final decision.

No matter what your financial situation is, it is essential to have all of the relevant financial documents available before you purchase a Texas prefab home. These documents are vital for the purchase of a prefab home.

For more information about the common steps when you buy a modular home, you can see this infographic from Green R Panel. 

Seth Erhart