Wednesday, February 11, 2009

Why buy a mobile?

Why you need to avoid buying a mobile home and build a stick framed home on your lot!

Years ago when I was just in my teens, my dad was stationed outside a city in Illinois where he was attending school for advancement in the military. We lived there only 6 months. With three sisters mom and dad and a 14x60 mobile home it was tight.

I tell that story because I think some feel that there is a negative aspect to mobile homes. I can tell you though that I was grateful to have a roof over my head. That winter in Illinois was bad.

Are you thinking purchasing a mobile home or a modular home? It’s true that they have come a long way, except in perhaps the one area that makes the biggest reason not to buy one.

Mobile homes consistently loose their value as they age while built “on your lot” homes, homes that are built with a foundation, typically gain in value. The problem is that most of us feel that we may not be able to afford them. Is that true of you?

True Built Home was born of the philosophy that anyone can afford a real home, built on a foundation and have quality. From the design of the homes to the finishing door stop, you’ll be happy that you took the time to consider the affordability of a stick framed home. The greatest return on your real estate investment is that over time you’ll be making money in the form of appraised value. Many have learned that buying a mobile has not been the best return on their investment (ROI). What is the truth regarding mobile home investments?

You may hear sales people tell you that “mobile home properties increase in value.” What they don’t tell you is that often the increase is only in the value of the land. When the county sends out the property taxes for the year it is broken into two categories. Land value and structure value. The best world is to have both growing in value at the same time.

Over the course of helping hundreds of families build their homes, our team of seasoned staff has witnessed first hand that by means of walk-in-equity the average joe, hard working blue collar families can put 20 to $100,000 in their home equity account. Not so “average joe” anymore. Just down right smart!

I don’t know of any other means to jump start a savings account, retirement account or college fund than this. Do you?

So, if you are pursuing the purchase of a mobile or modular home at least take the time to consider having a home built 100% on your lot that will return the investment that others have realized. True Built Home. True equity you can bank on.

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