5 Great Reasons People Purchase Manufactured Homes

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  1. Manufactured homes are built in controlled environments under the factory roof and shipped in weatherproof wrapping
  2. The costs per square foot is typically much less than site built homes
  3. Manufactured homes can be completed faster than site-built homes
  4. Manufactured construction is typically greener because building in a factory environment reduces a great deal of waste
  5. Most manufactured home companies permit you to design your own home. Design and build a brand new home for less than your rent!
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Breakthrough in Bay Area Housing Sales

Housing Market

According to a recent report the Bay Area’s housing marketing reached the highest level of sales in nearly seven years.
Realtor’s president, Errol Samuelson said, “You’re seeing the marketing start to stabilize, which is a really good thing”. While sellers are benefiting from the large yearly gain in sales prices, buyers are finding it easier to move into the market. David Chung, a recent home buyer in Walnut Creek said,”We timed it well… These are incredibly low rates. I couldn’t be happier”.  Furthermore, Kevin Kieffer with Keller Williams in Danville states, “There’s enough owner-occupy buyers coming in to fill the gap, and they’re getting a better price”.

Carey, Pete. Bay Area Home Sales Hit Seven-Year High.  San Jose Mercury News. 15 Aug. 2013. Web. 26 Aug. 2013. http://www.mercurynews.com/business/ci_23869987/bay-area-home-sales-hit-seven-year-high>.

California Home Buying Process

 

Fig. 1 Besançon, Ellie. “Members are Using One Cool Thing!” California Real Estate Oct. 2012: 9. Print.

How do most people find their dream home? Home buying trends are changing. According to the California Association of Realtors, 80% of people found their home through an agent followed by websites, sale signs, and open houses. The data also reveals that home buyers today are looking at fewer homes before making the big move. What do you think of these statistics? (see fig. 1)

The Distinction Between Manufactured, Mobile, & Multi-Unit

In order to better understand the present day’s manufactured homes it is to differentiate the definitions of manufactured homes, mobile homes, modular homes, and multi-unit manufactured housing. The terms all refer to a type of home, but each one has its own specific home type. The California Manufactured Housing Institute website,  http://cmhi.org/cons05bll.asp, states the differences between each.

Manufactured Home. The manufactured home is constructed to comply with the National Manufactured Home Construction and Safety Standards, a uniform building standard administered and enforced by the U.S. Department of Housing and Urban Development (HUD Code). Over 97 percent of all homes constructed in California factories meet this code.

Factory-Built Homes. Often called “modular” homes, factory-built homes are constructed to comply with the California Administrative Code. About three percent of all factory homes produced in California meet this code.

Mobilehomes. These homes were constructed to comply with standards enforced by the State of California prior to June 15, 1976, when the federal preemptive HUD Code became effective. Mobile homes have not been constructed since this date.

Multi-unit Manufactured Housing. These homes are built to very specific codes and for use as two-or more dwelling units. Structures can include, duplexes, dormitories, hotels, apartment houses, and other structures that contain two-or more dwelling units. Each have different applicable codes. These homes are utilized by developers for higher density and infill development.

If you have any questions about homes, please check out our website at http://www.alliancemh.com or give us a call at 408-598-2078!

Save Green by Going Green

Alliance Homes has partnered with Skyline Homes and Karsten Homes to build new, green energy certified homes. Not only are these homes built responsibly and with little waste, they also have low utility bills-saving you money!

Love to cook or spend time in your already green kitchen, but want some more green ideas? Check out Martha Stewart’s Website for more tips and ideas. Below are a few of the tips:

Say Yes to Convection Because it continually circulates heated air, thereby reducing cooking time, convection uses 20 percent less energy on average than a conventional oven.

Green Dish Washing Liquid- For greasy pots and pans: Try scouring with salt. For burned saucepans: Fill the pan half full with water, spoon in baking soda, let it soak overnight, and bring to a boil.

Unclog Your Sink Naturally Don’t worry, it sounds more complicated than it actually is. Boiling water converts baking soda to sodium carbonate, a more effective drain cleaner. Pour 1 cup of baking soda down the drain, followed by 3 cups of boiling water, and let science take over. It’s a much safer choice than commercial drain cleaners, which can harm skin, eyes, lungs, and the water supply.

Fill Up the Freezer Fill up your freezer, since the more full it is, the less energy it uses to keep food frozen.

Try Reusable Towels Paper towels cause waste — even if you stick to the recycled brands. Microfiber towels grip dirt and dust like a magnet and don’t let go. After use, toss the towels into the laundry and reuse over and over.

Hopefully these tips can help you out in your kitchen but also give insight into the many ways to go green. You can start by going green in your kitchen through appliances and these eco-friendly ideas, but you can incorporate other ideas to other rooms throughout your home! For more information please take a look at our website,  click here!

 

How is Your Credit Score Determined?

First of all, what is a credit score? A credit score is a number that lenders use to estimate a borrower’s risk. When it comes to purchasing a home, a credit score plays a huge role in determining the interest rate a lender is willing to offer. Whether you’re a first time home buyer or looking for another home, it’s a good idea to obtain copies of your credit report, that way you know what you can qualify for. Now that we know what a credit score is, what factors affect it and how can you improve it? By understanding the 5 factors that can help or hurt your score you will be on your way to building a healthier credit.

1. Payment History (about 35%). This is the largest portion of your credit score. Make sure that you make payments within 30 days as this can negatively affect your overall credit score. Always pay your bills on time. Late payments are probably the worst thing you can do.

2. Amounts Owed (about 30%). Borrowing is certainly not a bad thing, but being in a lot of debt is. Make sure you don’t charge over half the limit on all of your credits.

3. Length of Credit History (about 15%) Having a long payment history shows lenders you have paid your bills on time and will be likely to do so in the future. So, if you’re thinking about tossing your old credit cards you may want to think again. Keeping your credit cards are important in order to keep your credit history associated with each card.

4. New Credit (about 10%) The fourth portion of your credit report has to do with the amount of accounts you have. Each time you apply for a new credit card it appears in your credit report. Applying for too many credit cards in a short period of time is seen as risky.

5. Types of Credits in Use (about 10%) Spread out your debt among different types of loans. So for example, having some debt in car loans, student loans, and mortgage is better than having all debt on only your credit card.

Take a breath! It’s not all that bad. When it comes down to it it’s all about sticking to a budget and making payments on time. Our in-house Finance Department will advise you on credit issues you have. We strive to make the home buying process simple and stress-free! Call us today at 888 874 8692! The information provided is obtained from an article, What Determines My Credit Score? from Trulia.com.

The Time to Become a Home Owner is Now!

Purchasing a home can be a long complicated and confusing drawn out process. Given the current state of home sales the past few years has not helped in the process, but now is the time to purchase a manufactured home!  Alliance can make the process of purchasing a new home easy for you! We can help you find the home of your dreams with the upgrades and location that suits you best!

According to the article, Is the time right for a prefab home?, it states, “With an average sales price of $65,000, new mobile homes and modular homes can be a cost-effective way to own your own home without a large outlay of cash, the Manufactured Housing Institute says. Ideal candidates may be college-bound students, downsizing adults or anyone seeking lower utility bills.”

If trying to list, sell, or purchase a manufactured home Alliance is your one stop shop! We can be your ally to becoming a home owner. Now is the right time to finalize that decision and become a manufactured home owner!  Please check out the rest of the article at Is the time right for a prefab home?   If you have any questions check out our website at www.alliancemh.com or give us a call at 888 874 8692 or email us at info@alliancemh.com.