Home Ownership Hits a Low - by DAVID REINHOLTZ - Thu 09/09/10 10:02:03 pm It might stand to reason that
home ownership would take a hit during the recent housing crisis, coupled with
the recession that continues to plague the country, and the world, but what may
surprise some industry experts, as well as the host of politicians who are
touting a recover...
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How to Read the Economy to Sell Houses - by Adriana Noton - Thu 09/09/10 08:32:01 pm
The real estate market is very susceptible to fluctuations
in the market. The recent decline in the economy has resulted in an unstable
housing market. A shaky market and decline in housing values has caused many
people to wonder when it is a good time to sell a home. Fortunately, there are
number of economic factors one can assess to determine if it is a good time...
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Mobile Home Loan Details A Purchaser Wants To Understand - by Scott Ankner - Sat 09/04/10 09:37:48 am
Home buyers searching for just the right purchase will be concerned about selecting all of the rights in the right price range and which will last them for many years to come. Such a buyers will also be concerned about financing options for their new home. Home buyers considering the purchase of a manufactured home may also what to have some mobile home loan as well so they...
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How to Increase Your Credit Score for a Home Loan - by Jeanette Fisher - Fri 09/03/10 04:58:40 pm
Since mortgage lenders are businesspeople, first and foremost, they need to determine ahead of time if you're creditworthy before approving a home loan. To do that, they need to examine your past credit history and look at your current financial status to minimize their risk when offering what's generally...
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Manufactured Homes Come Standard With What Many Tract-Home Builders Consider Upgrades - by Josh Cole - Fri 09/03/10 10:54:31 am Homebuyers shopping for their dream house often don’t consider manufactured homes. It’s a common mistake, but one that fewer and fewer are making as the quality of new manufactured homes for sale continues to rise. In fact, many manufactured homes for sale now include as standard what builders of tract homes call upgrades. Let’s take a look at the Patagonia three-bedroom model fro...
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Reverse Mortgage Offers Income for Sr. MH Owners - Guaranteed by the FHA - Thu 09/02/10 05:25:10 pm Here is a great solution for Seniors who own manufactured/mobile homes and land but are having financial difficulty, looking for way to combat the increasing cost of living, or for those who would just like to have some additional resources to enjoy retirement, the Reverse Mortgage is a product that could be an advantage...
... http://www.mobilehome.com/reversemortgage.php
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Tips To Sell Your House In Today's Market - by Richard Woodfork - Wed 08/25/10 09:21:55 pm
We have talked to sellers who want to sell their
house. All too often, they base their asking price on
yesterday's market. Yesterday's market of escalating property values is over.
You have heard the reports on television, in the newspapers, and on the
Internet. We are in...
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Heating Season is Around the Corner - Inspect Your Furnace for Safety - by Mark Bower - Tue 08/24/10 11:00:29 am
With winter now not very
far away and Coleman's announcement, a few years back that some of their
furnaces should be inspected for a possible failed heat exchanger may have you
wondering if your furnace is safe....
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Economic Stimulus For your Family - Refinance for Lower Monthly Payments - by Dan Freeman - Wed 08/18/10 11:59:57 am
Why are you waiting to
refinance your manufactured home? Now is a great time to cut a deal and
lower your monthly debt. Interest is back down, at historically low
rates. Home sales are in...
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Do It Yourself - Save On Electric Clean Your Air Conditioner - by Mark Bower and Robert Hardy - Wed 08/18/10 11:21:29 am
For the most part the average homeowner IS NOT able to repair their own air
conditioner unit. Many of the repairs will involve removing the freon and that
requires special equipment and you must be licensed to handle the freon. But a
homeowner can keep the condenser and evaporator coils clean...
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MOBILE HOME INVESTING: Banks Should Post Warning Labels - by Lonnie Scruggs - Tue 08/17/10 10:08:21 am
Today’s mail brought an unsolicited brochure from one of the local banks entitling me to open a premium interest rate CD or IRA account. In large bold print, it goes on to say I will earn one of the highest rates available in years. Their chart shows how I can invest $1,000 for 2 years and earn 5.5%, 3 years 5.75% and if I leave my money in their bank for 5 years, I’ll earn a...
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Manufactured Home Loans: What’s the Difference Between a Personal Loan and a Mortgage Loan? - by John Arendsen - Fri 08/13/10 09:19:10 pm
Manufactured homes are an interesting animal to be sure. It is the only form of housing that can either be classified as Personal Property or Chattel (like a car) or Real Property (like a regular site-built home) and how the distinction is determined can be confusing.
To be considered real property, the owner of the manufactured home must also own the land upon which...
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Why I Love Mobile Homes - Part II - by Stu Silver / Zalman Velvel - Sun 08/08/10 11:27:00 am So I'm sitting outside the Kangaroo Convenience Store in Ocala, Florida, in July, sipping coffee and nibbling on a cheese muffin. (Never had one before, so I had to try one.) It was a quarter to six in the morning, in July, and all the gas pumps were occupied with vans and pickup trucks. At 5:45...
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Industry Woes: Head Up Or Heads In The Sand? - by Michael J Power - Sun 08/08/10 10:51:54 am De Nile. A place, a state of mind, a state of being? (Yes, you have heard it before.)
As I sat in or outside the intensive care room at the hospital recently (accidental overdose of a loved one), I thought, this was a tough way for any one to be shocked out of their denial. Pain medication addiction, of someone very close to me, had been difficult for me to watch also.
Alone with my thoughts... http://www.mobilehome.com/wordpress/michael_power/
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A House within Your Means Should be Well Built - by Kris Jensen III - Sat 08/07/10 01:28:15 pm While manufactured homes built today can be lavish and extravagant to fit any means and lifestyle, and we do build $200,000 and even $300,000 houses in our flagship communities, many of the homes Jensen sells are just good basic modest homes in the $100,000 range. The new technology of factory construction allows you to get more home for less of an investment especially when sited in a land lea...
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Don't Let Your Bad Credit Score Ruin Your Life - by Buttom Bunner - Sat 08/07/10 01:16:18 pm
Did you know that bad credit really can ruin your life? An average credit score is bad enough, but a score below average an really wreak havoc on many areas of your life. This is especially true in today's market where banks are more hesitant to write subprime loans. Because of all the loan defaults that have been happening throughout the past months, a bad credit score can r...
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Commentary: Washington Mobile Home Park Rent Hikes - by Robert Cochran - Sat 08/07/10 12:43:24 pm Dear Mobile Home News,
The news article on your site today, "Washington Mobile Home Park Owners Barred from Frequent Rent Hikes" from the SeattlePI.com is full of inaccuracies.
Manufactured Housing Communities of Washington, a party to the lawsuit ,has contacted the reporter to inform them of the misleading facts. Here's the comment left by MHCW's execu...
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For Sale By Owner Vs For Sale By Real Estate Agent - by Donte Mazyck - Tue 08/03/10 04:07:24 pm Most people that think about selling their house immediately want to list their home through a real estate agent. That's not a bad idea if you don't have the time to sell on your own.
You have to think about how much you are giving away to your real estate agent by acquiring their services. For a home valued at $200,000 you can expect to pay around $12,000. That's money tha...
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Repairing or Rebuilding Your Manufactured Home Ceilings - by Mark Bower - Mon 08/02/10 10:16:05 am
You can Do-It-Yourself! There are many types
of ceilings in manufactured homes. Here are some proven methods from the long
time experience one of the best known hands on men in the manufactured housing
industry for a great week-end project
Homes that don't have sheetrock...
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Colorado Manufactured Home Community Rent Survey Summaries - by John Turzer - Sat 07/24/10 10:30:06 am
The following is a summary of our July 2010 Colorado Manufactured Home Community rent surveys. Occupancy numbers DO NOT INCLUDE repossessed homes as reported by the on-site personnel. Our comments on each market (below) include the number of repossessed homes. Please feel free to share this information with your staff and associates. As always, just call us at 808-283-3...
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Who Creates a Budget for a MH Community? - by Chrissy Jackson - Tue 07/20/10 09:16:15 am Depending on the size of your community, and the overall size of the company that owns the community, the number of people involved in creating a budget can vary from one to as many as ten or more. And, if there is a board of directors who must approve the final product, their input, while not used in the actual creation of the budget, might change the final product.
In the situation where the... http://www.mobilehome.com/wordpress/chrissy_jackson/2010/06/15/who-creates-a-budget/
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Landlord Rights - by Teo Zhenjie - Wed 07/14/10 12:30:40 am Just because they don't know their landlord rights well enough, too many rental property owners suffer from painful mistakes and unnecessary. Find out your rights as a landlord today so that you can manage your tenants easily and smoothly.
What are Your Landlord Rights for Collecting Rent Payments?
As a landlord you have the right to collect rent payments from y...
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The Importance Of Price And How To Stay In This Business Forever - by Jason Hanson - Sun 07/11/10 06:54:18 pm
Here’s a good quote from Barry Ritholtz author of "Bailout Nation.” I’ve never read the book, but I like what he had to say about this: Always remember that price is the most important aspect of an investment. Today we keep hearing people talk about "toxic paper" on bank balance sheets. W...
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Finally: Title I HUD Code Home Financing Reform? - by Edward Hicks - Sun 06/06/10 01:34:15 pm
A Title I loan is a FHA-insured home
improvement loan which can be used several purposes: for the alteration, repair,
or improvement of an existing single family structure; preservation of an
historic residential structure listed or eligible to be listed on the National
Register of Historic plac...
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Effectively Marketing Your Rentals With Photographs - by Dave Fitzpatrick - Wed 06/02/10 11:14:48 am
Back in the "good old days", one could
simply run a very basic three line, 3-day rental ad in the local paper and
expect to receive more than enough leads to get that rental occupied. No need to
include photos of the rental either. Those good old days weren’t that long ago –
as recent as five years ago. Huge technological advances, especially as it...
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