This page may be printed out and used to help you with your planning
In putting together your land package, you will go through the ten steps listed below. It is helpful to establish and adhere to a timeline which tells you when certain actions should be complete. Your manufactured home dealer can assist you in developing a schedule that fits your situation.
10 Steps to a Place of Your Own Dates:
Step 1 Begin looking
at homes and floor plans, etc. Ask your dealer about financing and if
he or she can recommend a lender to talk with.
Step 2 Talk with a lender about loan types and qualification requirements. Date__________
Step 3 Begin looking
for land. Your dealer may be able to refer you to a
Step 4 Find your
land. Determine development costs. Negotiate and sign an earnest money
agreement on the property.
Step 5 Select your
home. Negotiate and sign a purchase agreement on your manufactured house.
Step 6 Choose a general
contractor to do your site work. Get a detailed estimate on the job.
Step 7 Apply for
Step 8 Receive loan
approval. Dealer can now order home from the factory. Contractor can begin
Step 9 Contractor
completes site development. Dealer installs home on site. All inspections
are completed and utilities are connected.
Step 10 Lending institution
appraises and approves completed packages. Loan closes. Land seller, home
dealer and contractor get paid.