Factory Built Homes Site Placement Options
“Chattel Homesâ€
The “Chattel Home†refers to manufactured homes built and placed on a non permanent foundation in a manufactured home community. These homes are considered “Personal Property†versus Real Property. The homeowner owns the home yet leases or rents the property it is placed on and pays rent to the Manufactured Housing Community.
“Land /Home Packagesâ€
Refers to a buyer that has obtained land (generally larger parcels) and plans to install a manufactured or modular home on a permanent foundation. The home is installed on a permanent foundation making this home “real Propertyâ€. By doing this it enables them to obtain better rates and terms with financing and also assist with appreciation matters.
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Backyard Home / 2nd unitâ€
As a result of high home prices in southern California the need for home going in a second unit on one property. Many property owners place these homes for their parents, children and/or as a rental unit.
“Lot-In –Fills & or /Sub Divisions
Placement of a Manufactured or Modular homes in urban and suburban areas. Because of the wide variety of architectural style and exterior options available today factory built homes has become a viable option for those once neglected urban and suburban home buyers. With technology and innovation the Manufactured and Modular Home s homes easily blend into the neighborhoods and have become an affordable alternative for many urban buyers.
