modular home financing: Are we really going to get sub 5% mortgages???????? - 12/04/08 11:25 AM
There are many stories out there this week that we will be at 4.5% soon..... according to an article in the WSJ yesterday. The article goes on about how this will be for "new home loans". Will it happen? No one is really sure and I bet you are getting that question from your buyers...... 5% to 4.5% on a 30 year will equal 30 bucks a month..... but I want to share with you what is actually happening in the market TODAY..... #1) I have a client looking to pull cash out to consolidate some bills on a manufactured
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modular home financing: Is Manufactured Housing primed for a big comeback???? - 09/18/08 12:25 PM
In a past life when I sold manufactured homes the more difficult the economy and the higher the interest rates the better we did. WHY, becuase of AFFORDABILITY! Just think, as the price of homes is up (yes even today after all that has happened) and financing rates go up that brings monthly payment more into play. And for a lot of us in Rural areas this is even a larger factor. Now, I am not hear to lecture you about these homes; but I am here to help you know how to get the best possible financing for them and
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modular home financing: Does Active Rain work? Sometimes? Maybe? AND IN DIFFERENT WAYS - 09/04/08 08:35 AM
Well since Eleanor doesn't or won't relate this story, guess it falls to me. You see Active Rain does work and the consumer will and can find you if you offer what they are searching for at the second. Example, of course I have one!!! About 2 months ago, I got a call from a potential client in NORTH CAROLINA (Eleanor's back yard). This lady was looking for a loan BUT no one would bother to help her. She has a UBC modular home, BUT since it had this "sticker from the state on it every one and She meant
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