The blue book value of a mobile home is exactly what it sounds like – a numerical value found in a book. The builder speculates that he will make money from this transaction of buying a lot and building on it. It may be sold during construction but the idea is a builder buys a parcel of land and builds a custom or semi-custom home on the lot and than sells it. Spec homes are not always large & spacious.
At Countryside, we create communities people want to be a part of. With over 60 years’ experience, we specialise in urban regeneration to build beautiful, welcoming homes and create strong communities across London, the South East, the North West of England and the West Midlands.
The biggest construction difference with manufactured homes, and the reason for their name, is that they are built inside a facility in assembly-line fashion and they may only take 2 to 3 weeks turnaround time as opposed to the several months if not close to a year for homes built on location.
What are you going to do with your current home?” Your response is, “I’ll put it up for sale during the construction of this new home and then I’ll sell it.” The banker comments, “That sounds pretty good, but what if you don’t sell your current home?” The banker generally looks at the downside – that is you’re going to be stuck with two house payments.
Although a current License from the Barbados Ministry of Health may not reflect the true nature of the care facility, ask to see it. By law the institution should operate with current License issued by the Ministry of Health, as well as property and liability insurances.