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Are you confused about whether you should get a modular home or a kit home? Then you are at the right place today because we are going to solve this mystery in this article today. The thing that is similar about both of these types of forms is that both of them are made in the factory of the site.
The construction is not done on the land where you plan to install it later on. But when it comes to other aspects both of these homes are very different from each other and that is why you should be knowledgeable about them before you install them. Their pricing plan is different as well as how they are installed and the method is also different.
In this article, we will discuss modular form or kit home and which one is going to be the best option for you. So keep on reading to find out more information below about transportable homes.
1. Flexible
When it comes to modular homes they can be easily customized as per your liking and then you can personalize them as much as you want. You can play with the design as much as possible because the possibilities are endless.
On the other hand, when it comes to keeping homes, they are less flexible as compared to modular homes. However, there are some changes that you can make but the options are always going to be limited when you are getting a kit home installed.
2. Cost
When you are getting a modular home installed the pricing is going to include when you get your home from the factory. The list is going to be very long but it is going to cover everything from the starting of the project to the onsite installation at the end.
It is going to include the installation of the floor covering and the paint of the house as well. It means that you are going to be fully covered. But when it comes to working at home, they are available as a less expensive option but you will have to pay for the materials only.
3. Financing
If you are thinking about getting a kit home then the financing option available for you is going to be an owner-builder construction plan. It is a type of loan in which the loan-to-value ratio is going to be low. However, it can be very time-consuming as well.
On the other hand, if you are thinking about getting a modular home installed then it is going to be done under the supervision of a licensed builder. However, it is going to be a very attractive project for you and then the banks are also going to help you out but it can be challenging. Finding financing for a modular home from a bank is also different as compared to a traditional home.
4. Time And Installation For The Construction
Modular homes are constructed in the factory and the traditional build method is utilized. After that, they are transported to the place of installation. However, when it comes to Kit homes they are made in the factory and then delivered to the destination with the instructions. You are going to be responsible to install it yourself by getting in touch with the contractors.
