Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Kaslin

The line has been blurred between mobile homes and stick built homes, with ‘manufactured’ homes, on permanent foundations...and even basements.

I did work for a housing developer who did an entire development with manufactured homes - no problems. Then HUD and FHA changed their rules...no HUD financing option for buyers, had to go back to stick built.

Anyway, I like manufactured homes, and have no problem with them. However, a large segment of potential buyers have been peeled away - so their value may not grow at the same pace of stick built.


6 posted on 11/22/2011 8:52:13 AM PST by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: lacrew

Up until 2008 FHA did insure financing of manufactureds on acreage, so long as the foundation construct complied with specific requirements. The supports had to be mortared, not dry-stacked, and the tie-down material requirements were more stringent. Has that changed since?


24 posted on 11/22/2011 9:22:34 AM PST by ScottinVA (I miss America.)
[ Post Reply | Private Reply | To 6 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson