Installation
Basic Installation includes the following:
- Setting the home onto your foundation or building pad
- 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
Notes:
This price does not include the foundation which may be an elevated and compacted gravel (or dirt) pad, or a block (or poured concrete) crawl space or basement.
This quoted price assumes normal lot conditions and does not include any extra costs to maneuver the home to your building site or any crane rental fees. Price does not include the interior finish of your home or utility hook-ups.
*Not available in all states.
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
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.
