Unless you've been living under a rock, you've probably heard people talk about how insanely low mortgage rates are at the moment. Over the past few months, there has been a mad rush by people here in North Central West Virginia to refinance their existing homes, purchase houses that are currently on the market, and upgrade their living space by building a new home.
Currently, mortgage rates have reached a new low, with interest rates dropping well under 3% for some plans. However, no one knows how long it will be before the rates start to go up again. So if you have been planning to build your dream home, now is the ideal time to get started!
There are many home construction options available, but the most cost-effective, energy efficient, and quickest way to go from design to move in day is by working with a modular home builder like Paradise Homes!
As the name suggests, modular homes are constructed in sections or "modules." These modules are built in a factory, delivered to the building site by a big truck, placed by a crane onto the foundation, and connected together to build the final structure. Once all the modules are in place, the on-site construction team ties all the seams together, adds porches and garages (if that's part of the plan), hooks up the utilities, and puts the finishing touches on the interior with paint, trim, flooring, etc.
Though the finishing process can take several weeks, it's almost magical to watch a new home appear on your land over the course of a single day!
When you hire a modular home builder in West Virginia like Paradise Homes, you make a smart choice! Here are just a few reasons that modular homes are a great idea:
By selecting a modular means of construction, you can take advantage of a quick, cost-effective, efficient, and eco-friendly way of building a new home. And with mortgage rates at an all-time low allowing you to save even more on your monthly house payment, now is the time to hire a modular home builder to build the home you've always wanted!
If you'd like to learn more about modular homes, give us a call or stop by our office in Morgantown WV where we can walk you through our display homes, discuss your needs, and customize a floorpan just for you.
To learn more about the process of buying and building a modular home, download our FREE guide here!