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FREQUENTLY ASKED QUESTIONS

What are the advantages of offsite construction?

  • The key advantages to having your Loop home built offsite and delivered to your location include:

    • Faster build and delivery times mean you get to move into your new home sooner.

    • Repeatable processes and a consistent, skilled workforce result in increased quality control, reliability and precision. 

    • Greater value for your money due to increased cost-effectiveness.

    • Increased safety for workers equals higher employee productivity, less construction downtime and a happier workforce which results in a better built home.

    • Less time onsite hammering, drilling, and driving heavy equipment means less disruption to clients, neighbors, and your family. 

    • Building homes offsite is significantly more energy efficiency, produces minimal waste, and increases sustainability overall.

 

How will this affect my property taxes?

  • The amount and type of property tax you will be responsible for depend on where you're located and whether your dwelling is categorized as personal or real property. In the case that your manufactured home falls under the personal property classification, it will undergo separate taxation from the land it occupies. This applies whether you own the land or are leasing a space within a manufactured home community. In instances where you're the landowner, you might receive a distinct tax bill for the land itself. Conversely, if you're renting a lot in a manufactured home community, the land's property tax may likely be included in your rent. However, it's worth noting that some states permit landlords to obligate tenants to cover property taxes tied to the land on which their dwelling is situated.

  • For manufactured homes classified as personal property, certain states mandate annual taxes and fees resembling those applicable to vehicles. Alternatively, some states might impose noticeably higher taxes based on the assessed value of the dwelling.

  • If your manufactured home is classified as real property and is permanently affixed to land you own outright, the taxation process mirrors that of a conventional home. Additionally, supplemental taxes may apply where relevant. Furthermore, a manufactured home designated as real property is entitled to the same benefits and exemptions typically afforded to traditional properties. Should you finance the purchase of a manufactured home, it's probable that you'll make monthly contributions to an escrow account to cover a portion of property taxes and homeowners insurance. The lender takes responsibility for disbursing these payments from the account prior to their due dates.

  • The precise amount of property taxes for a manufactured home classified as real property is determined by the county tax assessor. When your manufactured home is permanently attached to land you own, both the dwelling and land are jointly evaluated and taxed. Once a taxable value is established, the state-specific assessment ratio is applied to this value. Subsequently, the district tax rate is used to calculate your annual tax obligation. Across the United States, the general property tax rate ranges from 0.18% to 1.89% of the assessed property value. To gain insights into how property taxes are computed in your specific area and whether additional taxes might apply to your manufactured home, it's advisable to contact the local offices of the tax assessor-collector or the auditor-controller.

How long will Loop last compared to other homes?

  • This will vary for any home depending on location of the home, build quality, homeowner maintenance practices, among other factors. In our case, using only quality, natural, and robust materials such as wood, steel, stone, and glass, we have estimated a Loop home will last over 75 years, or more than one generation of homeowner.

Are there warranties/guarantees?

  • Yes. Each Loop home comes standard with a 1-year base warranty and free systems maintenance. An optional, renewable 10-year extended warranty is available.

Can I add onto a Loop home later?

  • Yes. Loop is expandable post-install and move in. Straight, 90 degree, and curved 45 degree connector modules are available to grow your Loop home at any time.

Can Loop be built on any lot? Even hillsides?

  • Loop requires no foundation, nor slab, and is engineered to be built upon the roughest landscapes, including forested, rocky and steep grade hillsides.

How does Loop handle different types of weather conditions? i.e. Desert Heat, Snow, Wildfires?

  • Loop is engineered to meet or exceed Passive House, LEED, and WELL standards. With an insulation value greater than R-60, advanced climate control features like electric heat pumps, and passive solar construction, Loop is equipped to handle humid rainforests, frigid winters, and dry desert heat.

Does Loop come furnished?

  • Loop comes equipped with built-in furniture in every room including a wardrobe in the bedroom, pantry and cupboards in the kitchen, hall tree with overhead and bench storage in the foyer, and ample storage in the living room and large maintenance room. Items like a bed, dining table and chairs, and sofa are not included with your Loop however issho has 3 optional ‘Sustainable Home Kits’ available for you to choose from. These kits include a variety of sustainable furniture and eco-friendly consumables, such as organic and natural mattress, linens and bed frame, sustainably sourced dining and living room furniture, and safe, natural cleaning products.

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