Checklist for Your Modular Dealer and Financing Tasks
Here is a list of tasks that you and your modular dealer and modular lender must complete before your home can be delivered (assuming you are not using private funds).
- Sign a contract with the modular dealer
- Apply for financing
- Receive the dealer’s first draft of the modular preliminary plans and specifications
- Meet with the dealer to revise the modular plans and specifications
- Specify where the GC wants to locate the electrical meter on the modular home
- Design the second story floor plan for the unfinished cape or attic
- Tell the dealer what special building codes are enforced by the building department
- Tell the dealer what matching materials the GC needs to complete the site-built structures
- Tell the dealer what rough openings the GC wants framed in the modular home
- Tell the dealer what site-installed flooring and baseboard specifications the GC wants for the modular home
- Receive the dealer’s second draft of the modular preliminary plans and specifications
- Meet with the dealer to sign off on the plans and specifications
- Authorize the dealer to complete the modular permit plans
- Pay the dealer the balance of the required deposit
- Receive the dealer’s modular permit plans
- Deliver a copy of the bank’s commitment letter to the dealer
- Deliver a copy of the building permit to the dealer
- Deliver the bank’s assignment of funds letter to the dealer
- Authorize the dealer to build the modular home
- Send the dealer a certificate of insurance
- Pay the dealer the modular balance due in full
- Remain present during the delivery and set
- Complete a walk-through inspection for warranty work and material shortages
For more information about your modular dealer and modular lender tasks, see Financing a Modular Home in my book The Modular Home. For a detailed schedule of when each of these tasks must be completed, see Building a Modular Home on Schedule also in my book.