Manufactured homes are not always eligible for traditional mortgages, so financing can work differently than other home types. Here’s what to consider if you’re thinking about buying a manufactured home. » MORE: Tips for first-time home buyers...
What is a Manufactured Home? The term "manufactured home" specifically refers to a home built entirely in a protected environment under a federal code set by the US Department of Housing and Urban Development (HUD). Manufactured homes are NOT mobile homes. The term "mobile home" describes fact...
Figuring out exactly what a manufactured home is can be confusing with all the ways the term is used and what its associated with. We mean to set the record straight on what a manufactured home and what it is not. Terms like mobile home, trailer, etc are commonly used interchangeably with...
Once the material is heated, the material moves down to the nozzle. The nozzle then extrudes the material onto the build platform while tracing the geometry of the object to be manufactured. The nozzle traces the cross-section of the object for each layer. This is repeated till the entire ...
Land leases are common for mobile homes and manufactured housing. They can be a cheaper route to homeownership, but there is always the potential for rent increases. You might have experience withleasing a car, but did you know you can also lease land for a home? A land lease involves a...
In a land lease situation, the homeowner owns the home but not the land it sits on. Land leases are common for mobile homes and manufactured housing. They can be a cheaper route to homeownership, but there is always the potential for rent increases. You might have experience with leasing ...
What is the lifespan of a raised access floor? High-quality raised access floors which have been installed by skilled contractors can, and do, last for decades. Floors that are compliant with PSA MOB PF2 PS/SPU specifications can remain in place for years. Tate offers a 25-year warranty ...
What is a Short Refinance? How can I Prepare to Buy a Home? What are Kit Homes? Discussion Comments ByWindchime— On Apr 29, 2011 My grandmother chose to retire to a manufactured home in Florida. She loves the community and lifestyle and I always enjoy my visits with her. ...
David Mack
What is a chattel mortgage? A chattel mortgage is a loan used to buy movable property, like manufactured and mobile homes, rather than fixed real estate. They are sometimes referred to interchangeably as manufactured home loans. “Traditional mortgages are used to buy ‘real’ property — for ...