A home is more than a house! It’s the financial security that comes from building equity in a good investment over time. When you buy make sure your home will meet your financial needs when it comes time to sell or refinance.
Manufactured homes are known for their value at the time of sale. How does this value translate to appreciation over time? Good question!!
Studies conducted by Seattle-based Elway research, University of Michigan and North Carolina show how that manufactured homes generally appreciate in value at the same rate as site-built homes in their neighborhoods. Location is the main factor determining long-term appreciation for both types of homes.
“When the location is good and the home is right for the location, manufactured homes appreciate in step with their neighborhood,” explained consultant and author Steve Hullibrger, who advises developers across the nation and tracks the long-term performance of a database of 1300 manufactured homes. “In my work with urban housing, it’s clear that manufactured homes do well if they are well made, sensibly selected for their neighborhood and blend in with existing houses.” He suggests that homebuyers use the same strategies that developers use when selecting houses for their home sites. “The first thing to look at is the neighborhood. Can we match the size and look of surrounding homes? The interiors of manufactured homes are often better than average site-built house, but don’t limit yourself to the standard exteriors. If the homes in the neighborhood all have garages, add a garage to your home. If they all have exteriors, add a brick facing. The initial investment will be worth it in the long run.”
The threat from the Coronavirus (COVID-19) has taken our country and much of the world to conditions that we would not have imagined just a few months ago. Regardless of the level of severity we actually experience in this country, we want you to be assured that at DeTray’s Custom Housing, we are doing everything we can to ensure we remain fully capable of supporting you and your home buying needs. We maintain a small staff and our offices are very rarely crowded. We have drastically increased our sterilization practices to protect both our staff and our clients.
In the highly
unlikely event that we would need to close our office due to any health or
other disaster related event, we have proactively taken steps necessary to
ensure that our team members have the tools and resources to continue operating
under normal business conditions.
We hope that we
have taken these efforts in preparedness for conditions that will not
materialize. However, we want you to know that we will be here for you no
matter what conditions may arise.
The last few weeks
have showcased a very volatile time in the market. From a general perspective,
the market does not like uncertainty and we have had a number of events that
have increased market anxiety. That being said, interest rates are
still at the lowest we’ve seen in the last ten years.
Despite the market
uncertainty, it is great time to buy a manufactured home, we would love
the opportunity to help you.
Make sure to check
out year-end savings on select models! We have three new homes coming in soon, we’re ready to
2020, can you believe it? Twenty short years ago Y2K was looming on the horizon. People were worried that everything would collapse when the computers changed to the new century. Nothing actually fell apart and life as we know it continued.
It seems like there is always a reason to worry and put off making big decisions. However, not making a decision to move forward is actually a decision to keep things as they are.
Those who purchased a home in 1999 are 2/3 of the way through their
mortgage, with very low payments and tens of thousands in equity.
There is still land available. Interest rates remain low. Building materials and labor costs will continue to rise. Decide to take advantage of these circumstances in 2020. Don’t procrastinate. Come see me!
Your family has
planned a camping trip for the upcoming weekend and you are looking for a great
spot to take your RV for this weekend getaway, but being that it is July, all
the good spots are already taken. Unfortunately, you have to cancel your plans
and your RV sits in the driveway for another week.
We all love RV’s &
camping but no one enjoys fighting other people for great spots, missing out on
desirable dates because you tried but booked too late, or looking at your RV in
the driveway 50 weeks out of the year!
solution to this is a Custom Vacation Home from DeTray’s Custom Housing.
This option provides you a guaranteed place to vacation or simply relax
whenever you want to without the hassles described above. You will be able to
enjoy your vacation home all year round, whether it is a 4th of July
reunion with your family, Mother’s Day, or a random weekend getaway.
won’t be fighting with others for campsites or other desirable locations when
you simply want to pick up and go. If you decide on a Thursday that you want to
visit your Vacation Home, you can block out that date and go.
This year, DeTray’s will be showcasing your future Vacation Home at the Seattle RV Show. If you’re looking for more of a traditional design, the Craftsman style blends well with whatever look and feel is right for you. The design is timeless and features 9’ high flat ceilings throughout.
728 square feet it is the perfect vacation home for weekend getaways, longer
vacations or simply spending one night. The open concept layout allows for
great family time together in a wonderful setting, and can be close to your
preferred recreational activities. See more information on the Craftsman Cottage.
Come See Us!
It’s not easy to adequately describe the benefits in a single posting, so I’m encouraging you to come visit us at the Seattle RV Show, February 6-9 at CenturyLink Field Event Center. You can get your tickets by visiting SeattleRVShow.com. We look forward to seeing you there.
origin for gratitude; from Latin gratus, pleasing, thankful.
the quality of being thankful, readiness for and to return kindness.
you feel gratitude you are pleased by what someone did for you as well as
pleased by the results.
you know that positive feelings of appreciation or gratitude may lead people
towards “meaning” and “better health”?
the habit of being grateful for every good thing that comes to you and to give
thanks continuously. And because all things have contributed should include all
things in your gratitude.”
Quote- Ralph Waldo Emerson
is an emotion, a trait, a mood. A feeling of happiness that comes from
Abraham Lincoln was 28 years old and a member of Illinois State Legislature. In one of his public addresses he said to his audience,
“This task of gratitude to our fathers, justice to ourselves, duty to posterity, and love for our species in general, all imperatively require us faithfully to perform.”
makes sense of our past, brings peace for today, and creates a vision for
one who achieves success does so without the help of others. The wise and
confident acknowledge this help with gratitude.”
will shift you to a higher frequency, and will attract much better things”.
My many, many years in the manufactured home industry have given me much satisfaction to providing housing to all my clients. The industry has proven to be progressive in its building, with new and innovative ideas and materials. I am grateful to have chosen this as my career. May you have a prosperous New Year!
As chilly weather approaches, it is important to take some simple measures to protect your home through the winter months. Winterizing is generally a task that can be done inexpensively, but will make a big difference in how comfortable your home is and could also end up saving you money on energy bills. In fact, many effective house weatherproofing jobs are something that homeowners can complete without any professional help!
Easy Home Weatherproofing
Some small weatherproofing jobs require little to no “handiness”, but can make a real difference once cold weather hits your area. By doing these things before the temperatures drop or the snow falls, you’ll be saving yourself some hassle (and possibly some money, too!): • Clean gutters and downspouts in mid-fall and double-check them before winter. • Replace the filter in your furnace. • Close any vents in your home that may have been opened for the warm weather. • Disconnect hoses from outside faucets and turn off the water. • Buy a snow shovel and other winter supplies before the messy weather hits. • Keep extra water and canned food in storage just in case. • Test your heating system, so that you know it will work properly when you need it. • Give your deck a fresh coat of sealer to protect it from the winter elements.
Happy Holiday Season from all of us at DeTray’s Custom Housing!
Manufactured homes like ours, are built using the same high-quality
materials as stick-built homes. Their manufacturing process is also
highly regulated by the federal government, meaning the home you buy is
held to the highest standards of quality during its design
They are built entirely inside “home building
facilities” that are climate controlled to avoid weather delays and
typically offer many customizable options such as many choices of
flooring, cabinetry and exterior finish, just to name a few. Each home
is internally inspected multiple times throughout various phases of
construction to confirm proper construction and quality.
home is placed on the post & pier foundation, perimeter material
such as concrete blocks, or concrete skirting will be added to finish
the home to code. Manufactured homes can also have a garage added just
like a site-built home. Manufactured homes can be finance similar to
site built, offering VA / FHA, or Conventional land-home, and Chattel
type mortgages. The flexibility for you is unsurpassed. We will put you
in touch with the largest manufactured home lender in the state. You can
apply on line, or directly in our office.
You can choose from
hundreds of designs, and you can also create your own manufactured home
design by customizing any of our floor plans. A custom-built
manufactured home begins with your ideas and how you want your home to
be built, inside and out.
One advantage of the home built in a
controlled factory environment, is every part of the home – from the
front door to the bathroom sink – is protected from weather-related
damage, vandalism and other hazards.
Our technicians, craftsmen
and assemblers are well trained and professionally supervised, resulting
in an excellence of build. Finally, all of our manufactured homes and
modular homes undergo more than 35 quality inspections throughout the
construction process to ensure they meet our high standards and meet
Provides Many Other Advantages
in vaulted ceilings? We offer them. Modern kitchens with stainless
steel appliances and perhaps spacious bedrooms with walk-in closets?
Those, too. Like site-built homes, our manufactured homes and modular
homes offer plenty of floor plans and amenities. You can also find
stylish features such as tray ceilings, recessed lighting, custom
cabinet applications, large family rooms with entertainment centers and
Manufactured homes must be durable enough to withstand
transportation. They are built using jigs and other machinery that help
increase the quality of the home. Lag bolts, for example, are better
compared to nails or reinforcement straps, which on-site builders use.
homes cost a lot less compared to stick-built homes of the same style
and size. Since manufactured homes are built in a controlled
environment, they are easier for workers to complete on time.
a manufactured home can also mean choosing a larger home because they
come with more square-footage for the same price compared to smaller,
traditional homes. If your budget is limited, purchasing a manufactured
home can be a comfortable alternative to renting, and at a competitive
When it comes to stick-built homes, there are so many
opportunities for delays. The materials – usually sourced from different
parts of the country – can be delayed if suppliers are unable to
distribute materials to the builder at the right time. However, because
manufactured homes are built directly by the manufacturers, materials
are readily available and in abundance to get the job done fast. If you
have a time constraint in transitioning to a new home, a manufactured
home will save you a lot of time. When placed on an engineered
foundation, financed similarly to stick built homes, the value is
unsurpassed. Remember, you ordered a home, customized to your standards,
with the features, options, and your colors. It is a very enjoyable
experience knowing you did it “your way”, and received the highest
quality home available for you and your family. Congratulations, we hope
to see you soon to guide you through every step of this project.
You bought beautiful land in the 1970-1990’s and put a nice
Manufactured Home on the property. You love the location, neighbors,
outbuildings and gardens, but the house is dated and needs some
repairs. You can keep the things you love about the property by
remodeling the existing home, or removing and replacing it. Some
Anyone that has ever started a
remodel, has found that it is NEVER simple! There are always surprises:
dry rot, bug/critter infestations, mold, foundation and roof problems.
What starts as a simple kitchen counter remodel, changes into striping
everything to the studs and replacing floor joists and decking. Then
“If the kitchen is new, we had better do the bathrooms at the same
time”. Repeat for both baths. Now the rest of the house is shabby, more
updates. Besides the mess and inconvenience, the stress of choosing
from zillions of cabinets, counters, flooring, knobs, lights, paints
etc. can be overwhelming. Is it time to re-do the roof as well?
Cha-ching! Want more energy efficient windows? Count on
$10,000-$15,000+ for that cost alone. Need better insulation? The
exterior walls are only 4”. Every stud needs to be added onto to hold
R-21 insulation, and installing insulation is a hot, itchy, messy job!
This can turn into a $70,000 major headache very quickly! Now for the
worst news: When you are finished, you still have a 1970’s “trailer” on
the county records. The home is already 30-40 years old. You have
just invested months of time, money and work, and you will never get
your investment back.
DeTray’s Has a Better Option
Let us remove the existing home, and replace it with a beautiful, new Skyline or Kit West home from DeTray’s Custom Housing. Your needs are different now. We can design a home exactly the way you want it, stretching/flipping floor plans, moving walls, adding windows. Our homes have energy efficient insulation, windows, pecs piping, safe wiring, new appliances, new wood cabinets, lots of drawers, granite or quartz counter tops, big closets, updated tubs, showers, sinks and lots of flooring options. Your electric bill will go down and you don’t have to worry about major repairs. We do all the work. You just move in and live happily ever after. Come see me so I can answer all your questions.
Each year at the Puyallup RV Home with Featured Manufactured Housing, DeTray’s Custom Housing premieres a new manufactured home. This year’s home is SWEET!
This amazing home is now available to view at our Showplace in Puyallup. It truly is a must-see with all of the space and amenities:
1,728 SF · Three bedrooms · 4:12 Roof Pitch · 2×6 Exterior walls · 30 LB Roof load · Larger Windows · Energy Star Insulation / NEEM program · Fireplace with mantel and hearth · Solid surface counters with granite island · Living room and family room · Command Center Kitchen Island, featuring seating for 10
Congratulations! You’ve found a home to buy and have applied for financing! Before you make any big purchases, move money around, or make any big-time life changes, consult your loan officer. They will be able to tell you how your decision will impact your home loan.
With that, here are the seven PREVENTABLE mistakes when getting financing for your home.
1. Don’t change jobs, quit your job, or change the way you are paid! Your loan officer must be able to track the source and amount of your annual income. If possible, you’ll want to avoid changing from salary to commission or becoming self-employed during this time as well. Getting a raise, well, that is always acceptable. 2. Don’t deposit cash into your bank accounts. Lenders need to source your money and cash is not really traceable. Before you deposit any amount of cash into your accounts, discuss the proper way to document your transactions with your loan officer. 3. Don’t make any large purchases like a new car or new furniture for your new home. New debt comes with it, including new monthly obligations. New obligations create new qualifications. People with new debt have higher debt to income ratios… higher ratios make for riskier loans… and sometimes qualified borrowers no longer qualify. 4. Don’t co-sign other loans for anyone. When you co-sign, you are obligated. As we mentioned, with that obligation comes higher ratios as well. Even if you’re not the person making the payments, the payment will count against you. 5. Don’t change bank accounts. Remember, lenders need to source and track assets. That task is significantly easier when there is consistency among your accounts. Before you even transfer money between accounts, talk to your loan officer. 6. Don’t apply for new credit. It doesn’t matter whether it’s a new credit card or a new car. When your credit report is run by organizations in multiple financial channels (mortgage, credit card, auto, etc.), your FICO score will be affected. Lower credit scores can determine your interest rate and your eligibility for approval. 7. Don’t close any credit accounts. Many clients have believed that having less available credit makes them less risky and more likely to be approved. A major component of your score is your length and depth of credit history (as opposed to just your payment history) and your total usage of credit as a percentage of available credit. Closing accounts has a negative impact on both those determinants of your score. Finally, any impact on assets or credit should be reviewed and executed in a way that ensures your loan will be funded. Fully disclose your plans with your loan officer before making any financial decisions during the process, they will be happy to guide you. For more information on financing, visit our preferred lender, 1st Security Bank HERE.