PacificHomes.net is a full-service manufactured/modular home
dealership that works with their customers from the very beginning of
the home-buying process all the way until they are moving in. Often,
this means that they are helping their customers select and purchase
property to build their homes on.
PacificHomes.net calls this the Land/Home package and they will assist customers in locating a property, in financing the purchase of the property and in obtaining necessary county permits to build on the property. The prospect of owning land and a home can seem intimating when you get into the thick of it, but it offers many benefits that only serve to improve your life so that you can be happier every day.
The primary benefits of owning your land and home are related to financial stability and increasing that stability over time. One of the ways that you increase your financial stability with a land and home purchase is by building equity. Equity is the amount of money that you can sell your home for after subtracting what you still owe on your loan. Each month that you make a payment toward your mortgage, you reduce what you owe and increase your equity.
Because modular homes are more affordable than site-built homes, equity can increase at a faster rate for modular home owners. Some homeowners look at equity as a type of forced savings plan – each month, you accrue more equity, which will represent monetary value to you in the future. Additionally, your mortgage interest offers tax deduction benefits, and so does the interest on your home equity loan. There are, of course, many other benefits of owning your land and home, and PacificHomes.net can educate you about these benefits before you decide to go ahead with your purchase.
PacificHomes.net calls this the Land/Home package and they will assist customers in locating a property, in financing the purchase of the property and in obtaining necessary county permits to build on the property. The prospect of owning land and a home can seem intimating when you get into the thick of it, but it offers many benefits that only serve to improve your life so that you can be happier every day.
The primary benefits of owning your land and home are related to financial stability and increasing that stability over time. One of the ways that you increase your financial stability with a land and home purchase is by building equity. Equity is the amount of money that you can sell your home for after subtracting what you still owe on your loan. Each month that you make a payment toward your mortgage, you reduce what you owe and increase your equity.
Because modular homes are more affordable than site-built homes, equity can increase at a faster rate for modular home owners. Some homeowners look at equity as a type of forced savings plan – each month, you accrue more equity, which will represent monetary value to you in the future. Additionally, your mortgage interest offers tax deduction benefits, and so does the interest on your home equity loan. There are, of course, many other benefits of owning your land and home, and PacificHomes.net can educate you about these benefits before you decide to go ahead with your purchase.
