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Microcap & Penny Stocks : PanAmerican BanCorp (PABN)
PABN 0.000010000.0%Mar 7 3:00 PM EST

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To: Mike_Right who wrote (8866)7/27/1998 1:12:00 PM
From: ISOMAN  Read Replies (1) of 43774
 
Giovanni smith is a real estate broker and developer. The lots sell for between 10 - 12,000 each. the finished home, obviously would be more.

The homes are pre-engeneered , which means the walls, floor joists, rafters, sheathing etc. is built in a factory and then installed on site.

I had the opportunity to watch a BayCastle home get built this way.

The foundation was poured, over a week, and then the house was delivered on four transport trucks, and each section was lifted and put in place by crane.

The end result, is that the house was assembled in hours, and fully finished 5 days later.

Viceroy also builds these types of homes.

Prefab is becoming a huge business, because the houses are built indoors in a controlled environment, and not subject to the weather.

It is also less expensive, since labor isn't as costly.
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