First impressions are important. So what could be more important than the first impression of your home? This summer we are giving you 5 expert tips to give your home some curb appeal on a budget. Save money and make your home look great. Are you ready? Let’s get started.
Selling your home is stressful, but preparing to sell it can be just as challenging. We’ve discussed some ways you can get your home looking great for sale, how to take dazzling pictures and why you need to respond quickly. Now, we’re going to talk about the pros and cons of selling your home without an agent.
- No Commission Fee: Generally there’s an agent commission fee of about 6%, so a home listed for $250,000 would have a commission of roughly $15,000.
- You Know Best: Who knows your home better than you? While a realtor may be selling several homes at a time, you are just selling your and you know it best. You’ll be able to point out amenities, features and tell the buyers candidly about the area and neigborhood, something a realtor can’t do.
- You Are In Control: When you sell your home, you can choose the price, appointment times and how you negotiate with buyers. Realtors generally take control over these things when they become your agent, so if you don’t feel comfortable with that sometimes it’s best to do it yourself.
- What’s it Worth?: When you sell your mobile home yourself, you’re risking selling it for a lot less than it’s worth. In fact, statistics show that homes without an agent sell for about 15% less than homes sold with a realtor.
- Less Visibility: There are tons of great places to list your home for free these days, but the best and fastest way is through the Multiple Listing Services. This is one of the biggest online tools available to realtors and they have more experience in promoting homes.
- Time: Researching the process of selling a home, understanding the current marketing, advertising methods and working with potential buyers is all very time consuming. Hiring a realtor who knows this already will get your mobile home sold much faster.
- Paperwork: Preparing the legal forms is your responsibility, so if you aren’t sure how to do it, you’re risking legal and financial liability. Plus,k you don’t want to rely on the buyers realtor to fill out this information, they have a responsibility to get their buyer the best deal possible.
- Weeding Out Buyers: There are lots of buyers who aren’t qualified or are just window shopping. One thing realtors do is to make sure they are bringing prepared buyers to see your home who can afford to purchase it.
Getting a loan for a manufactured home can be difficult, but new 30-year financing plans could make it easier. Fannie Mae is launching a financing program in New Hampshire that could be a starting point for government-sponsored enterprises (GSE) to offer similar loan terms nationwide.
The GSE is working with the New Hampshire Housing Finance Authority on the program to provide loans to manufactured homes located in resident-owned communities, or ROC’s.
The program takes advantage of a New Hampshire law that requires all manufactured homes, whether located on owned land, in an ROC, or an investor-owned park, to be titled as real property instead of chattel.
Chattel loans classify manufactured homes as personal property, rather than real estate. With the 30-year real estate loans, home owners could get up to a 95% loan-to-value ration with private mortgage insurance.
For homeowners in ROC communities, these loans are great news for curb appeal. Most often, people are more likely to become invested in their homes if they are staying long-term.
In an ROC, residents are responsible for the maintenance and upkeep of the community. Since homes eligible for financing are located in ROCs, Fannie Mae has more comfort from a risk-management perspective, since the borrower is less likely to walk away is there’s a problem.
Although this is a great step forward for manufactured housing financing, ROCs make up just 5% of the communities nationwide. Right now, the Manufactured Housing Insistute is focused on making financing available to anyone seeking to purchase a manufactured home, no matter how they are titled or where the sit.
Learn more about the program, and how the MHI plans to bring loans to all potential manufactured home buyers in the future at National Mortgage News.
It’s no secret America has an affordable housing crisis. With homeownership outside the reach of many Americans, they are often left paying exorbitant rent prices. To fight back against the crisis, and to challenge the stigmas associated with manufactured homes, one builder has launched its biggest marketing campaign to date.
Clayton homes, one of the largest home builders in the country, launched the Have it Made initiative nationwide on Sep. 2. The 60-second commercial aired during the University of Alabama and Florida State University football game, and represents the company’s mission to provide quality homes at affordable prices, says Kevin Clayton, CEO of Clayton Homes.
“With the cost of homes skyrocketing, we want people to know that buying a beautiful new home at an affordable price is still an attainable dream for Americans,” he says.
Partnering with the Boulder, Colorado ad agency, Made, Clayton homes hopes to position itself as a solution to the growing need for affordable housing. The U.S. Census Bureau reports the average cost of a new single family site-built home with land is approaching $380,000 while today’s manufactured home can be purchased for significantly less–about $70,100 not including land.
Have It Made challenges the stigma associated with homes built in factories and delivered in sections to their final locations. Clayton Built homes are constructed indoors to avoid water damage and weather delays while creating long-term value from the use of economies of scale. The homes are built to highly regulated building standards and offer many energy-efficient features, the company says.
Clayton Homes is among the builders who have patterned with Energy Star. Their homes must meet guidelines for energy efficiency set by the U.S. Environmental Protection Agency. In fact, their homes are 20 to 30 percent more efficient than most standard homes. To achieve this, Clayton Homes uses:
- Top-Grade Insulation
- Extensive caulking and tight construction to eliminate unwanted drafts
- High-Performance Windows and Doors
- Use of UL and Energy Star approved materials including low-escape air ducts
According to the National Association of Home Builder’s latest survey of home buyer preferences, Energy Star appliances and windows, along with an overall Energy Star rating, were among the top-5 most wanted features. Other wanted features include a programmable thermostat, which is available as an upgrade in Clayton Homes.
New manufactured homes are comparable to site-built homes in not only quality, but also style. One of Clayton’s luxury homes comes in at over 2,200 square feet and features three bedrooms, plus two full baths. The Captain Jack includes features such as granite counters, a kitchen island, a breakfast bar, glass enclosed large showers, a fireplace and more. You won’t believe the styles and upgrades that are available for new manufactured homes.
It’s time to end the stigma and make affordable housing available to Americans again.
Learn more about Clayton and their homes: https://www.claytonhomes.com/
We all know the stigmas associated with mobile homes. Here’s the thing, most of these aren’t true anymore. There’s a huge difference between parks of the past and parks of today. Today, we’re going to debunk 5 myths that you’ve heard about mobile homes that just aren’t true.
1. Manufactured Homes are More Prone to Fires
Manufactured homes get a bad rap for being fire-prone. In fact, the media seems to just love writing about them catching on fire. This, combined with the idea that mobile homes are more likely to catch fire makes people believe it must be true. Today, the fire resistance provisions of the HUD code have strict standards for fire retardation and smoke generation materials, large windows in bedrooms, smoke alarms and at least two exterior doors which must be separate from each other and reachable without having to pass through other doors that can be locked. On the other hand, site-built homes do not have such strict requirements. The truth is, fires can happen anywhere and today’s mobile homes are no more at risk for fires than comparable site-built homes.
2. Manufactured Homes Are Poorly Constructed
Many people seem to believe that manufactured homes aren’t constructed as well as site-built homes. In reality, site-built and manufactured homes are built out of the same materials, just not at the same locations. Although they aren’t built at their final location, manufactured homes are sturdy and follow the same and often stricter HUD building codes than site-built homes. Many of our renovated homes include features such as cherry wood cabinets, granite counters, stainless steel appliances and more. These homes exude both quality and beauty.
3. Manufactured Home Communities Aren’t Nice
The truth is, a few places give manufactured home communities a bad name. There are definitely some manufactured home community operators who care more about profits and let an aging community fall to the wayside. However, you’ll also find a great deal of community managers like Newby Management who places great importance in capital improvements and putting people before profits. For example, in our premier communities like Camelot Lakes, Camelot East and Rolling Greens we are currently working on big capital improvements that will benefit the entire community. We also are always working to update the home inventory. There are many operators and managers who take the time to ensure that communities are kept up-to-date and beautiful for residents to enjoy.
4. Manufactured Homes Don’t Appreciate
Like site-built homes, appreciation depends on a lot of factors. The reality is that some homes appreciate and others do not, no matter what type of home it is. Appreciation factors depend on some of the following:
- The housing market in which the home is located, will have a significant impact on the future value of the home.
- The community in which the home is located, has a similarly significant impact on the home’s future value.
- The initial price paid for the home.
- The age of the home.
- The inflation rate.
- The availability and cost of community sites, which reflects the supply and demand influences on the home’s value.
- The extent of an organized resale network, where an organized network will usually result in homes selling for a higher price than in markets without such an organized network.
Picture your perfect home. What if you could have it? And not just anywhere, in paradise, in the sunshine, in beautiful Florida. A home that’s built to fit your needs, with all the customizations and extras you always hoped for.
That’s what Newby Management is offering with Scotbilt Homes, Inc. You can choose from the base home or add your own upgrades until it’s exactly what you’ve always wanted.
At Sandhill Shores in Fort Pierce, a brand new Scotbilt Home is coming soon. This active 55+ community is the perfect place to kick back in retirement, and if you’re looking to downsize, this is the home for you.
Coming in at 919 sq ft, this two bedroom, two bathroom home will be delievered as the basic package for under $58,000! Your price includes:
- Home Set-up
- Electric and Plumbing Hook-Up to Code
- Concrete Driveway
- Concrete Steps
- Lot Grading
- Sod Installation
- HVAC to Code
- Plain Vinyl Skirting to Code
These homes are both beautiful and functional, plus they give you the opportunity to upgrade as you see fit later on down the road. There are many wonderful examples of people who have taken base model homes and made them extraordinary.
You can also upgrade ahead of time with some of our affordable packages. The Silver Level Upgrade Package includes all of the base package, plus 11 x 30 carport, 8 x 10 utility shed and basic landscaping all for just $67,977.
Gold Level Upgrade Package comes in at $71,977, which includes all of the base package plus upgraded HVAC unit, vinyl skirting with brick front, 11′ x 35′ larger carport, 10′ x 10′ larger utility shed, upgraded landscaping package and irrigation in the front yard.
Platinum Level Upgrade Package total is $77,977 and includes base package plus upgraded HVAC unit, brick skirting, large 11′ x 40′ carport, large 10′ x 12′ utility shed, premium landscaping package and irrigation over the entire lawn.
Learn more about the packages we have available by calling us at 941-479-2849.
When you shoot out an email to a business you expect a fast response, right? This is especially true when you’re searching for a good or service. You usually send out multiple emails and then move forward with the company that answered fastest with the best deal. The same is true for home buyers.
Today, home buyers often begin their search on the internet, which means they have almost limitless options available to them. In fact, 78% of new home shoppers visit 3+ sites prior to taking action on a real estate site. This means they have options and they use them!
But did you know that 45% of inquires on a real estate website never receive a response? This is why sellers need to create an action plan that will position their home to sell as quickly as possible, and at the best price.
To start, this means responding quickly to inquires. A staggering 45% of consumers expect an initial response from an online inquiry within 15 minutes. That’s just 15 minutes you have to make a sale before they move on to a different home.
We know that if you’re choosing to sell your home, responding to the constant inquires can be challenging. That’s why many buyers and sellers choose to enlist the help of professionals. If you are a seller in a Newby Managed community and list with one of our professional agents, you will find your listing will be monitored for effectiveness, giving you the edge.
Also, our professional sales team will assist sellers in marketing their home at price that will help engender fast responses from buyers. Our sales team will respond quickly to potential buyers, because we recognize the importance of fast responses when selling your manufactured home.
In this day of internet shopping, buyers are not willing to wait long periods of time for response. A timely response to an interested buyer by a knowledgeable sales professional is critical! If you are a buyer, our on-site sales team knows the community and will be available to show you homes that fit your needs and help you buy that ’just right home’ quickly.
The point is…Good preparation and fast responses by sellers, buyers and their agents make the selling and buying process a win-win for everyone.
The term trailer in reference to a dwelling originated from the popularity of travel trailers in the 1920’s. These were vacation trailers similar to airstreams and campers that were towed behind a vehicle. Through the years these became wider, longer and more elaborate. By the 1930’s, many people were living in these year round, and they soon became known as “house trailers”. These were no longer meant for travel, but as a permanent dwelling.
In the 1950’s, the term mobile home was popularized to more accurately describe the dwelling. In 1975, the Mobile Home Manufacturer’s Association officially changed it’s name to the Manufactured Housing Institute.
Here’s the thing, even the terms mobile home and manufactured home are not interchangeable. A mobile home refers to a home built prior to 1976 when the HUD code governing building standards for factory-built homes was instituted. Following this, the quality of homes improved greatly.
Homes built after 1976 are considered manufactured homes, and have similar building and quality standards of comparable site-built homes. HUD standards regular manufactured housing design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality. Furthermore, there are standards for heating and plumbing, air conditioning, thermal and electrical systems.
Manufactured homes of today are giving America back affordable housing options. They are rivaling their site-built counterparts in nearly every arena/ At Newby Management, many of our new 2015 models include granite counters, hard wood floors and garden tubs that make a house a home.
It’s time the industry takes back the term “trailer”. It’s time people end the stigma toward manufactured homes and see what they’ve become today. We invite you to take a look at one of our new manufactured homes located in Camelot Lakes in Sarasota, Florida. It’s a home you won’t want to miss. See pricing, pictures and more: http://bit.ly/2kIH5gt
The average home in Florida costs over $200,000. This price leaves many people without options. Although renting saves you from upfront costs, Floridians are paying around 44 percent of their income on rent each month. So, what options are left?
Buy a manufactured home. This option scares off many people, as they are imaging manufactured homes of the past. We’ve talked about 5 manufactured home myths that aren’t true, and it speaks volumes about the stigmas that people still have about these homes.
In the past, manufactured homes were more difficult to finance. Today, they are almost as easy as a site-built home, with large lenders like Wells Fargo offering manufactured home loans. With lending becoming easier, more people are realizing that a manufactured home might be the best path to home ownership.
Manufactured homes can start at just $69/square foot, which is around $20 less than the average site-built home. Aside from affordability, new manufactured homes not only have value, but also have the ability to appreciate over time, making this a worthy investment for families and the retired alike.
In new construction manufactured homes you’ll find plenty of modern luxuries and amenities. Buying a new home means you can customize things to you liking, from granite counters and garden tubs to stainless steel appliances and upgraded fixtures. Check out one of our new 2016 homes to see how beautiful a manufactured home can look.
If you’re looking for an older home they often have character and charm as well. You can find homes in great communities at prices that are affordable and reasonable. Many times these homes are being sold by their owner who kept the place in great shape. These homes are often move-in ready, like this manufactured home with a water view in Rolling Greens.
We would love to assist you in finding a wonderful home. Our company manages manufactured home property across Florida, from 55+ to family friendly communities. Comment on this page if you’re interested in getting started and we’ll help you!