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then submits to ADI the customer’s purchase agreement and bill of
sale.
The retail selling prices of the manufactured homes appear
to range from approximately $30,000 to more than $115,000.
Upon receipt by ADI of a customer’s purchase agreement and
upon approval of the customer’s financing, if any, ADI forwards
its own written purchase order to the specified manufacturer for
construction of the manufactured home that has been ordered.
Upon completion of the manufactured home -- generally within
2 to 3 weeks -- the manufactured home is shipped directly by the
manufacturer to the retail customer’s homesite for installation
and occupancy.
If a customer’s homesite is not ready for delivery (e.g., if
the occupancy permit has not been issued or if the utility
hookups for the home have not been completed), the completed
manufactured home may be delivered to one of ADI’s nearby sales
lots until the customer’s homesite is ready for installation of
the manufactured home. In this latter situation, the length of
time the completed and sold manufactured home remains on ADI’s
sales lots varies from a few days to several months depending on
how long it takes for the customer’s homesite to be completed.
Under the written contracts that are entered into (between
ADI and the manufacturers, between the independent salespersons
and ADI, and between retail customers and the independent
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Last modified: May 25, 2011