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Mortgage Professor about mobile home: | |||||||||||||||||||||||
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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mobile home related definitions |
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Investment Property
Investment Property A property purchased for the sole purpose of earning a return on the investment, either in the form of rent or capital gain, and not intended for owner occupancy. Examples : apartment buildings, office buildings, mobile home parks and shopping ... more... Second Home, Vacation Home Second Home Second home is a seasonally occupied property that is not the primary residence of the owner. Such residences are usually found in areas with substantial opportunities for recreation or tourist activity. Second Home As Investment However, when market is ... more... |
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