Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about manufactured house: | |||||||||||||||||||||||
Manufactured Housing: A Messy Picture
May 19, 2003, Revised February 14, 2005 What Is a Manufactured House? A manufactured home is built entirely in a factory, transported to a site, and installed there. It is distinguished from "modular", "panelized", and "pre-cut" homes, ... more... Need Good Credit For a Reverse Mortgage? July 21, 2003 ?I have an expensive house, not enough income, and no credit because I just went through bankruptcy. Can I get a reverse mortgage on my home?? Yes, there are no credit or income requirements, since borrowers don?t assume any payment obligation. To be ... more... |
|||||||||||||||||||||||
manufactured house related definitions |
|||||||||||||||||||||||
Depreciation
Depreciation Decline in the value of a house due to wear and tear, obsolescence, adverse changes in the neighborhood, or any other reason. Depreciation is treated as an expense and is a line item on an income statement. Depreciation can only be applied to the building and not ... more... Homestead Homestead Status provided to a homeowner's principal residence - the dwelling (house and contiguous land) of the head of a family -in some states that protects the home against judgements up to specified amounts. Some states grant statutory exemptions, protecting homestead ... more... |
|||||||||||||||||||||||
More about manufactured house The Top 3 House Hunting Resources Other Than Your Realtor To Help You Find Your Dream Home! How To Spot A Good Buy Stop Losing Thousands of Dollars Every Day: Six Tips For Creating Wealth How to Send Your Child to College For Free Crossing the Gap from this Home to the Next: Bridge Loan Selling Property - Valuing Your Property Mortgage Info You Can Actually Understand! House Flipping Basics How I Became a Real Estate Investor Military Finance Tips on Home Buying
|
|
||||||||||||||||||||||
|