The use of chattel financing for manufactured homes has exploded in recent years. 80% of new manufactured homes purchased in 2015 were titled as chattel. Only 34% of those were placed in a manufactured home community which means 66% of new manufactured homes bought in 2015 may have qualified for a standard mortgage but instead … Read more
Believe it or not, there are a couple of different manufactured home financing options available through government programs. Figuring out what types of manufactured homes are acceptable and how to apply for the FHA loans can be complicated. Programs seem to come and go and eligibility requirements change. This is our attempt to help potential … Read more
The popularity of manufactured homes, or mobile homes, is on the rise. Currently, an estimated 20 million Americans live in a manufactured home. For those looking to get the most for their money, a manufactured home could be the answer. Manufactured homes can cost up to 35 percent less than a comparable site-built home on … Read more
Manufactured homes are a great choice for many people. They offer the same functionality at a fraction of the cost of the cost as a site-built home. But it’s important to know what to look for concerning manufactured home financing. Of course, manufactured homes are not perfect. There are a few well-known complaints regarding factory-built homes: an absence … Read more
Manufactured homes classified as real property are believed to account for close to 15% of all home sales in America in 2023. 15% of all home sales in America are manufactured homes classified as real property purchases. The exact percentage of manufactured home sales varies from state to state, but industry experts estimate that they … Read more
Discover the advantages and disadvantages of mobile homes as investments in this detailed article. Learn how mobile homes can appreciate and why they may be a great housing option.
Learn how to add a porch or addition to your mobile home properly to prevent problems. Understand the pros, cons, and necessary steps for a strong and weather-resistant attachment.
The methods to classify a manufactured home as real estate varies for each state. These differing rules often leave mobile homeowners wondering what exactly their next steps should be. There are several things that must be done to a manufactured home before it can be considered real estate, including: Once this is done, the county … Read more
If you plan on downsizing from your site-built house to a mobile home these tips will be handy. Downsizing can be challenging since you’ll usually be selling and buying at the same time. It can be even more so if you’ll be buying an older mobile home that sits in a park or a new … Read more
For the past few months when searching for our monthly homes for sale we have noticed more and more mobile home land packages on realtor sites. So, we decided to dig a little deeper and see why these types of listings have become so popular. What we discovered is pretty interesting. Turns out there is … Read more
Remodeling ain’t easy. Sure, the DIY shows make it look simple but it can be a big undertaking for even the most experienced of homeowners. There are budgets to consider, costs for materials, not to mention making the time to complete the project. Our guide to planning a manufactured home remodel from beginning to end … Read more
Mobile home living is a smart housing choice for many but nothing is perfect. In this article, a homeowner shares his story of building a great single wide addition but making some mistakes along the way. His mobile home remodeling mistakes aren’t uncommon but most homeowners aren’t as willing to share their mistakes as they … Read more