mobile home loans: Is now a good time to buy a manufactured home?
- 02/12/08 05:34 AM
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 … (11 comments)
mobile home loans: Clearing the Confusion on Mobile and Modular Homes!
- 01/28/08 06:46 AM
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 governing building standards for factory-built homes was instituted, greatly improving quality standards. Homes built from that year on should, technically, no longer be referred to as Mobile Homes but instead are Manufactured Homes and are built to a higher standard of quality than yesterday's "Mobile Homes" and, in fact, often featured better quality construction than site-built homes . But, by … (1 comments)
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.
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