TIMELINE
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Time Line

     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.
Date__________

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
real estate agent who is familiar with manufactured home packages. He or she also may be able to suggest one or more contractors to call on for assistance in determining site development costs.
Date__________

Step 4 Find your land. Determine development costs. Negotiate and sign an earnest money agreement on the property.
Date__________

Step 5 Select your home. Negotiate and sign a purchase agreement on your manufactured house.
Date__________

Step 6 Choose a general contractor to do your site work. Get a detailed estimate on the job.
Date__________

Step 7 Apply for your loan.
Date _________

Step 8 Receive loan approval. Dealer can now order home from the factory. Contractor can begin site work.
Date__________

Step 9 Contractor completes site development. Dealer installs home on site. All inspections are completed and utilities are connected.
Date__________

Step 10 Lending institution appraises and approves completed packages. Loan closes. Land seller, home dealer and contractor get paid.
Date__________

You Move In!!!

 

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