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Posts:
2
From:
Colorado
Registered:
9/21/08
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(12 of 12)
Sep 21, 2008 1:41 AM
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We looked at a number of mobile or manufactured homes when we wanted to live in AZ, but didn't like the houses we saw in the area we liked.
Palm Harbor and Cavco homes are excellent quality homes and I think most contractors would be surprised.
http://www.palmharbor.com/our-homes/gallery-of-homes/
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Posts:
1
From:
los angeles
Registered:
6/23/08
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(11 of 12)
Jun 23, 2008 4:04 AM
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does anyone know of a good dealer
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Posts:
2
From:
USA
Registered:
6/20/08
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(10 of 12)
Jun 20, 2008 12:47 PM
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Any buyer of a manufactured home built for residential use on or after June 15, 1976, benefits from the FHA program.
Mobile Home Financing In Florida
No matter if you call it a factory built home, a manufactured home, a modular home, or a prefabricated home; smart Florida financing Mobile Home Buyers know that manufactured homes offer them comparable quality, lower costs per square foot and dramatically quicker build times than a traditional site built home.
http://www.fhamortgageprograms.com/mortgage/manufactured-homes.shtml
These new mobile homes in Florida are a world better in quality and Construction than the single and double wide trailer homes of a generation ago. Not only has the quality of manufactured and modular housing improved dramatically for Florida home buyers, but now there are also more Florida mobile home mortgage programs for manufactured homes and better home loan options for modular home buyers in Citrus County and the other Florida cities we serve.
Most industries in Florida switched to factories and assembly lines over one hundred years ago. Only Florida home builders were left behind. Many still cling to the outdated belief that the only way to build a home is by delivering materials and workers to the vacant lot and managing subcontractors for 6 months to a year.
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Guest
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(9 of 12)
May 16, 2007 4:35 PM
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I ran into an old client the other day. She told me that they are building a stick-built home on their property, because the older mobile home on the property (their home) will not qualify even for home improvements. They don't owe much on it, but the home equity line was declined simply because it is an older mobile home. Even FHA, won't loan them the funds, although the property itself, even without the mobile would cover the value.
I do wonder about all the older folks out there who bought 10 years ago or so and think they still have an investment...
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Posts:
5
From:
North Carolina
Registered:
5/8/07
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(8 of 12)
May 8, 2007 8:59 PM
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Stay away from mobile homes. You can find some goods deals at the local court house.
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Posts:
3
From:
yuma
Registered:
4/23/07
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(7 of 12)
May 8, 2007 3:13 PM
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thanx for the info guys, yall were alot of help.
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Posts:
3
From:
CA
Registered:
4/30/07
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(6 of 12)
May 1, 2007 4:48 PM
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I have bought mobile homes simply for the land they were sitting on. Trash the mobile and build a nice 3 BR 2 Bath with a 2 car garage and you will do fine.
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Posts:
42
From:
wilmington, NC
Registered:
7/24/06
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(5 of 12)
Apr 29, 2007 9:35 AM
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I did a mobile home flip in the eighties. It was a rundown place on an overgrown lot. After a lot of cleaning and hauling off of trash I sold it for a very good profit. I had to do what is known as a 'wrap-around-mortgage' (no bank would touch it), and of course there was a 1/3 acre lot that came with the home.
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Posts:
1
Registered:
4/29/07
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(4 of 12)
Apr 29, 2007 12:21 AM
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never heard of anyone doing it but it would be kinda hard to add "curb appeal"
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Posts:
3
From:
yuma
Registered:
4/23/07
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(3 of 12)
Apr 26, 2007 2:18 PM
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thanx for the info.
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Guest
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(2 of 12)
Apr 26, 2007 1:56 AM
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Mobile homes can be harder to get financing on because a lot of lenders don't like them. A typical lender will require a hefty down payment with a higher interest rate, making it tough to sell to somebody who isn't a cash buyer.
There are some exceptions. I'd go talk to a lender about them first. Even if you yourself don't need a lender, a buyer probably will. You need to educate yourself on the struggle a buyer would go through, before deciding.
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Posts:
3
From:
yuma
Registered:
4/23/07
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(1 of 12)
Apr 25, 2007 12:21 PM
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hi, im trying to get into flipping houses, right now im just reading up on it. but i was wondering if mobile homes are worth flipping?
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