FAQs

What is the advantage of leasing in a planned home community?
There are various schools of thought on this with valid considerations. Leasing land, however, is not a new concept. Many commercial (restaurants, offices, retail) and residential properties are often on leased land. Leased-land retirement communities are found in several regions such as Florida and Arizona.

When purchasing a house or condo on leased land, your monthly mortgage may be less because the home’s purchase price is lower. Some communities require Home Owner Association fees. Fees vary depending upon the community location and amenities. Pebble Springs does not have a Home Owner Association.

I’ve been told that manufactured housing will lose its value. Is this true?
As one reputable lender said, “location, location, location.” Like with most homes, regional location, community and owner care are key considerations. According to several independent studies, when properly sited and maintained, manufactured housing can receive the same market appreciation as site-built homes. Considerations include:

The location and housing market values within the area in which it is located.
The community.
The initial price paid.
Age and maintenance of the home.
Inflation rate.
Availability and cost of community sites, which reflects the supply and demand that influences its value.

“Trailer” vs. Manufactured Home

Once stereotyped as “trailers,” manufactured housing is not in that category. There are no axles and wheels as in the case of camping trailers, other smaller recreation or utility buildings. Manufactured housing is built in sections within a factory environment, free from rain and weather changes. They can be single, double or triple sections. Homes are hauled to a site by a truck that has an attached wheel platform on which a home is carried. The home is released from the platform once on site and placed on concrete footers and piers, or it can be placed on a foundation. Site contractors who complete the building process much be licensed. HUD requires that a home is built to wind zone and roof load ratings according to the geographical location in which they are located.

Technological advances allow manufactured and modular homebuilders the opportunity to offer a variety of architectural styles and finishes. Homes are built in a controlled manufacturing covered environment. Our homes are Energy Star rated and offer numerous options for the buyer. Home building for manufactured housing must be compliant to the HUD code that regulates home design and construction, strength and durability, fire resistance, and energy efficiency. It is certified by an independent, third party inspection agency. Once arrived on site, they follow local building codes that includes permits and inspections prior to final closing and occupancy. Our turn-key community homes are move-in ready. You can find additional information on the home building process by clicking on this link: https://www.championhomes.com/faqs

What is the difference between a manufactured home and modular home?

Manufactured homes and modular homes are built in a factory environment. The differences between modular and manufactured is the code to which they are built. Manufactured homes are built to federal HUD code, while modular homes are built to state or local residential building codes. Modular homes can also be more than one story. Our community manufactured homes are regulated by HUD, the South Carolina Manufactured Housing Board, and the Greenville County residential building codes. All contractors much be licensed and homes are inspected prior to residency.

Do manufactured and modular homes use the same building materials as site built homes?

Both manufactured and modular homes use the same or similar building materials as the site built homes. In a cut section view, you’ll see everything from roof trusses to structural floor decking and 2×4 or 2×6 exterior walls. The ceilings have blown cellulose insulation, along with fiberglass batts in the wall cavities.

What are my home financing options?

You can pay cash or apply for a mortgage from a qualified lender. As with any loan application, your credit score, credit history, and debt-to-income ratio are taken into careful consideration. Moreover, there are lenders who specialize in manufactured housing on leased land.

Credit Human is a national lender who offers manufactured home financing and re-financing. They work primarily with manufactured homes placed on leased land. They have numerous programs. Call 1-877-475-6852, Extension 0.

South State Bank is a South Carolina lender who can offer financing for new and previously owned manufactured home on leased land. Call (800) 277-2175 for more information.

Are you pet friendly?
Indoor pets are allowed with a limit of two pets per household. Pets should be on a leash when outdoors.