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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... |
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manufactured house related definitions |
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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... |
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More about manufactured house Real Estate Investors - How to Buy for Your Rent to Own Homes Inventory What To Expect From Your House Appraisal Choosing the Right House Plan Should You Get a Home Equity Line of Credit? Utah Mortgage Refinance Your House Location, Location - NOT! Individual Voluntary Arrangements. IVA Should You Use a Lease/Purchase (Rent to Own) Approach to Sell or Rent Your Home? He Said, She Heard: Communication Meltdown within Relationship
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