Over the last 25 years, home values have exploded—pushing millions of would-be homeowners to the sidelines and catapulting existing owners into an estimated $48 trillion in real estate wealth. For ...
A chattel loan is a loan used to buy movable property — including manufactured homes. You can get a chattel loan from a lender to purchase a manufactured home, but you’ll need to figure out how to buy ...
When you buy a house, the mortgage for that property is based on the combined value of the land and the building on that land. But not all buildings can be valued with the underlying land. Mobile and ...
Mobile homes are prebuilt homes that can be transported to the property site. Also known as manufactured homes, these types of homes are less expensive than traditional properties, although prices ...
Skyrocketing prices of traditional single-family homes and a budding tiny-home movement have more home buyers looking at nontraditional options. Mobile and manufactured homes offer buyers a unique ...
Add Yahoo as a preferred source to see more of our stories on Google. Mobile homes can provide the stability and comfort of a traditional home, but at a much lower price. The catch? If you want to buy ...
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WASHINGTON — The Federal Housing Finance Agency is facing criticism from bankers and credit unions over its planned pilot program to allow Fannie Mae and Freddie Mac to securitize manufactured housing ...
The most affordable manufactured homes are financed with private loans with higher interest rates, shorter terms and fewer consumer protections than mortgage loans. The homes financed by these loans ...
Cassidy Horton is a finance writer covering banking, life insurance and business loans. She has worked with top finance brands including NerdWallet, MarketWatch and Consumer Affairs. Cassidy first ...
Dreaming of homeownership without the high costs of purchasing and maintaining a traditional, “stick-built” residence? Consider a manufactured or mobile home, which can cost less and promise easier ...
With the average double-wide costing around $120,000 to $160,000, according to HomeGuide, financing your home may be the only way to afford it. Since mobile homes fall under different classifications, ...
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