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Estimated Installation Cost: NOTE This is a price guide only. Actual costs will vary depending on specific site conditions and by region

The estimated installation cost includes the following*:

  • Setting the home that you selected onto your foundation or building pad (This assumes normal lot conditions and does not include any extra costs to maneuver the home to your building site or any crane rental fees)
  • Installing blocking or piers under the home and levelling the home with shims
  • Anchoring the home to your foundation with tornado and/or hurricane proof anchors
  • Insulating the marriage line and bolting the various sections of your home together at both the floor and roof lines (if there is more than one section)
  • Finishing roof venting and ridge cap shingles
  • Installing siding on the ends with house wrap (if you selected the house wrap option with your home order)
  • Installing soffit and fascia on the ends of the home for the complete exterior finish
  • Estimates to hook up to existing utilities (you will have to add the cost of a new septic, well, electrical service, and also driveway and etc as needed on your site)
  • Estimate to complete the inside trim and finish work

Notes:

Add for concrete If a concrete foundation (slab or crawl space) is required, add an estimate of $10 per Sq Ft of home to this price guide (if you don't have an actual quote)

Add for skirting (Not needed if home is on a crawl space)

Add for A/C if not an option included by your manufacturer

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Typical Investor funded projects

EXAMPLE # 1

 Project Cost                                                                $160,000

    Includes Land (40,000) + Home (90,000) + Home Installation (30.000)

LESS Buyer Down Payment                                           (20,000)

Balance                                                                         140,000

Management fee (10% of balance)                                14,000

Investor capital (70% of balance = 61% LTV)                 98,000

Home Nation capital (30% of balance)                          42,000

Net to Investor at Buyer’s loan closing in

approximately 90 - 120 days

(50% of Management fee)                                             $7,000

 

EXAMPLE #2

Project Cost(See VA loan pre approval here)                267,000

Less Buyer down payment                                             (1,000)

Management fee(@10%)                                               26,000

Investor capital (@70% = 63% LTV)                              187,000

Home Nation capital (@30%)                                         80,000

Net to Investor at loan closing in

approximately 90 - 120 days

(50% of Management fee)                                             $13,350

 

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AFFORDABLE HOUSING INVESTMENT PROSPECTUS

Please email Invest@HomeNation.com to request a prospectus of investment opportunities at Home Nation.  Regrettably, we are only permitted to offer our investments to accredited investors at this time.

You may also be asked to sign a NDA (Non Disclosure Agreement) and an AAI (Affidavit of Accredited Investor Status) form. 

 

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When sitework goes wrong - Home Nation

When sitework goes wrong

Our homes are manufactured in a tightly controlled, heated environment. This reduces waste and time required to build each home, while driving costs down. Most construction problems will occur in the factory and can be easily identified and fixed. If you have problems during the purchase of your home, it will most likely be during the installation. A variety of things can happen, from inclement weather to injuries or delays. The most common complication we see if the home either being unable to be moved into place due to obstacles, or the home becoming stuck in the mud / dirt / gravel on site.

Here is an example of a job that was to be delayed due to weather. The job needed to be complete by a certain date, so the contractors pushed ahead anyway. In attempting to install a power line for the home, the local power company got their truck perilously stuck, which only delayed things more.

As you can see, job site construction and installation of a home can go very wrong. This stage requires careful planning. A balance needs to be made between quickly completing the job and scheduling contractors in a way that allows for any road bumps along the way. Had the contractor allowed for and perhaps even anticipated a delay, the job might have been completed on time.

These are just a few photos of mobile homes. If you'd like to see more pictures of mobile homes, just browse our website!

mobile home in the mud

car stuck transporting a manufactured house

contractor gets stuck setting up a mobile home

mobile home install goes way wrong

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