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The cost of living has jumped up higher than ever before, gas prices are so high that you get a nose bleed every time you fill up, there's weakness in the job market, stocks are in free-fall and the housing market is in a slump. Sounds like a bad time to buy a manufactured home.... or is it?  As values drop, construction slows and inventories of available homes are stacking up, home buyers will find some incredible deals out there.

It is true that prices have dropped, but most manufactured homes across the country have appreciated  far ahead of where they were before the housing boom/bust.  Over the past several years most manufactured home owners have seen the value of their homesteads go up. In some areas home values have grown as much as seventy five percent. So even with falling prices many of our manufactured home's values have jumped up faster than inflation.

Yes the mortgage market is in chaos at the moment BUT there are lenders ( Like Reserve Financial) that specialize in manufactured housing that are actively seeking to make loans on new and used manufactured homes, if you have good credit the money is absolutely available.

 


Clearing the Confusion on Mobile and Modular Homes!
Stacy Potts (Reserve Financial & Properties)
We specialize in Mobile and Modular Home Loans! The term Mobile Homes is often used interchangeably with the term Manufactured Homes but in fact they mean quite different things. Mobile Homes refers to homes built prior to 1976 when the HUD code…
 
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Stacy Potts

Antioch, CA

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Reserve Financial & Properties

Address: 2201 Lemontree Way , Unit # 2, Antioch, Ca, 94509

Office Phone: (925) 776-5776

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Specializing in Mobile & Manufactured Home Loans!


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