They often include crawlspaces and basements and use a traditional foundation. However, modular homes are more similar to traditional homes. Like mobile and manufactured homes, modular homes are built in a factory and shipped to the land where they will be set up. Companies that construct manufactured homes must get their designs approved by a HUD-approved Design Approval Primary Inspection Agency, which makes sure the plans are safe for consumers and comply with the law. The construction of these homes is highly regulated by HUD under the Manufactured Home Construction and Safety Standards (HUD Code).Īdditionally, these types of homes must meet local building standards for the communities where they will be located. Unlike mobile homes, manufactured homes are not intended to be moved once they’re set up.Īccording to the Housing Act of 1980, factory-built homes constructed on or after June 15, 1976, are considered manufactured homes. They can be set up at their permanent location on blocks, metal piers or a permanent foundation. Like mobile homes, manufactured homes are built in a factory. Department of Housing and Urban Development (HUD) enacted the National Manufactured Housing Construction and Safety Standards Act.Īfter that date, new safety standards went into effect, which led to a new designation for these types of homes. Homes built in a factory before June 15, 1976, are known as mobile homes. Whether a house is considered to be a mobile home depends on when it was made. However, this explanation can actually apply to manufactured homes as well. It may or may not use metal tie-downs in place of a traditional foundation. Mobile homeĪ mobile home is built at a factory before it’s brought to a property for setup. While they are related, there are some important differences between these homes.
You’ll often hear the terms mobile, manufactured and modular used interchangeably when discussing these similar types of homes. What are the differences between mobile, modular and manufactured homes? While we strive to provide a wide range offers, Bankrate does not include information about every financial or credit product or service. Other factors, such as our own proprietary website rules and whether a product is offered in your area or at your self-selected credit score range can also impact how and where products appear on this site.
Therefore, this compensation may impact how, where and in what order products appear within listing categories. We are compensated in exchange for placement of sponsored products and, services, or by you clicking on certain links posted on our site. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.ī is an independent, advertising-supported publisher and comparison service. The content created by our editorial staff is objective, factual, and not influenced by our advertisers. Our award-winning editors and reporters create honest and accurate content to help you make the right financial decisions. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life’s financial journey.īankrate follows a strict editorial policy, so you can trust that our content is honest and accurate. Our experts have been helping you master your money for over four decades. So, whether you’re reading an article or a review, you can trust that you’re getting credible and dependable information. Our editorial team receives no direct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. We follow strict guidelines to ensure that our editorial content is not influenced by advertisers. Our goal is to give you the best advice to help you make smart personal finance decisions. Editorial Independenceīankrate’s editorial team writes on behalf of YOU – the reader. Our editorial team does not receive direct compensation from our advertisers. We maintain a firewall between our advertisers and our editorial team. Our editors and reporters thoroughly fact-check editorial content to ensure the information you’re reading is accurate. Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. What to do when you lose your 401(k) matchīankrate follows a strict editorial policy, so you can trust that we’re putting your interests first. Should you accept an early retirement offer? How much should you contribute to your 401(k)?
0 kommentar(er)
