It can be confusing out there for everyone. Modular construction is relatively new. Here are a few myths that we’ve debunked to help clear up some of the confusion when it comes to buying a modular home.
MYTH: Modular buildings are difficult to finance
FACT: Modular buildings are treated the same as traditional stick-built buildings for financing. Mobile homes (which are not modular homes) are harder to obtain financing due to their depreciation. Modular buildings actually can be better than traditional homes to finance since they decrease the amount of construction time.
MYTH: Modular buildings depreciate in value
FACT: Modular homes appreciate and gain value the same way traditional buildings do. Once a modular building is fully assembled, it is almost impossible to visibly tell a difference between it and a stick built.
MYTH: Modular buildings are unproven and don’t last
FACT: Modular buildings became popular in the 1950s and the industry hasn’t slowed down since then. Many homes that were constructed in the 1950s are still around and have greatly increased in value sometimes even more so than traditionally built homes.
MYTH: Modular buildings all look identical and are ugly
FACT: Modular homes and offices can all be customized to look exactly how you want them. There are hundreds of different designs to choose from. Modular buildings make it very easy to have a custom looking home at an affordable price.
To start building your new modular home today click here.