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 A Personal Mortgage Experience Homebuyer's Loan Guide Buying Your First Home After Marriage Before Selling Your Home How To Find A Good Realtor To Help You Through the Home Buying Process Finding Houses For Your New Property Business Is Your Financial Wealth Relying too much on the Value of Your House? Growing Palms How Much is that House in the Window? Three Things to Avoid When Buying a Home
|
|
||||||||||||||||||||||
|