We encourage you to Contact a Retailer in your area in order to provide you with the most detailed answers to any questions you may have. Or, you may complete our on-line form to request information.
What is the HUD Code?
All manufactured homes are constructed in accordance with the Federal Manufactured Home Construction and Safety Standards, in effect since June 15, 1976. This building code, administered by the U.S. Department of Housing and Urban Development (HUD) and known as the HUD Code, regulates home design and construction, strength and durability, fire resistance, and energy efficiency. In the early 1990's this building code was revised to enhance energy efficiency and ventilation standards and to improve the wind resistance of manufactured homes in areas prone to hurricane-force winds. The Manufactured Housing Improvement Act of 2000 establishes a more timely and systematic approach to code updates and enhancements.
Every manufactured home has a red and silver label certifying that it was build and inspected in compliance with the HUD Code. No manufactured home may be shipped from the factory unless it complies with the HUD Code and receives the certification label from an independent, third-party inspection agency.
How do I find out the regulations and codes monitoring manufactured housing in Nebraska?
A retailer will be able to provide you with specific information on Nebraska's regulations for installation, modifications and other state specific information pertaining to manufactured housing.
How much do Manufactured Homes cost?
The price of manufactured homes is determined by its size, the amount of sections, the floor plan, and features or amenities.
Manufactured Homes are Affordable !!The sales price for a new manufactured home ranges from under $35,000 for a single-section home with basic features to prices in excess of $100,000 for a deluxe multi-section home. Depending on the region of the country, construction cost per square foot for a new manufactured home averages anywhere from 10 to 35 percent less than a comparable site-built home, excluding the cost of land. At an average cost of $64,200(2008), it is clear that a manufactured home is much more affordable than a site-built home at an average cost of $225,900(excluding land price).
What types of Homes are available for purchase in Nebraska?
Single- or multi-sectioned homes with the latest amenities, floor plans and options are available. Contact a retailer in your area to learn more about the floorplans and models they are currently featuring!
What features do Manufactured Homes include?
Manufactured homes have the same amenities that homeowners are seeking in site-built homes. Choose from features such as bay windows, sky lights, fireplaces, custom cabinets, state-of-the-art appliances and more.
The choices in architectural designs, floor plans, interior decors and exterior finishes are virtually limitless in today's manufactured homes.
How do I finance my home?
Many manufactured homes are financed as personal property. In cases where the home and land are financed together, the home is often secured as personal property and the land as real property. A growing number of buyers are opting to put their manufactured home on land they buy or already own. Traditional manufactured home personal-property lenders have created land-and-home financing programs designed to accommodate this trend.
Most buyers arrange financing for manufactured homes through the retailer from whom they buy their home. These retailers often maintain business relationships with a number of lending institutions, large national lenders as well as local institution, and can assist in the preparation and submission of a credit application. Customers also may shop independently for financing with a lender of their choice.
Another growing trend for home buyers is to finance their home and land together as real property using conventional mortgage financing obtained through a traditional mortgage lender. Fannie Mae and Freddie Mac, the major secondary market sources for mortgage loans in the U.S., accept real estate mortgage loans with 20-30 year terms secured by manufactured homes.
Yes, the $8,000 Tax Credit for 1st time home buyers does apply to manufactured home purchases.
Can I place Manufactured Housing anywhere?
You can site your manufactured home on land you own or intend to purchase, in a land-leased community, or in a planned subdivision. Currently 73 percent of manufactured homes are located on private property, while the remaining 27 percent were placed in residential land-lease communities.
With the passing of LB511 in 1994, manufactured housing that is a double or multi-section, with a pitched-shingled roof, and conventional siding may not be restricted by zoning laws.
Talk with a retailer to determine which option will best fit your needs and lifestyle.
Do Manufactured Homes appreciate in value?
Yes. Recently a study conducted by East Carolina University (ECU) concluded that permanently sided manufactured homes appreciate at a rate close to site built homes, and higher than condominiums. The newer the home, and the more complex the structure (multi-section etc.) the better the appreciation rate. Those listed as real property, or those with a fixed foundation even appreciated at a higher rate in some cases.
The appreciation is subject to the same factors as all other forms of housing: The market of the location, the community, the initial price paid, the age and maintenance of the home, the inflation rate, the availability and cost of community sites, and the extent of an organized resale network.
How is my Home inspected? Will it be under Warranty?
Before a manufactured home may be shipped from the factory, it must first receive the red and silver certification label from an independent third-party inspection agency, which verifies compliancy with the HUD Code.
Most manufacturers offer a warranty that covers the performance of the structure and factory-installed plumbing, heating, and electrical systems during a specified warranty period. Your retailer will be able to offer you more specific information regarding warranties.