California Plans to Allocate $200 M to Home Buyers

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Last Wednesday Gov. Schwarzenegger proposed a plan to allocate $10,000 to more than 20,000 California home buyers as state tax credits. The tax credits would provide up to $3,333 off state taxes for each of the next three years and could be combined with an $8,000 federal tax credit. Last Year, California legislators approved $100 million in tax credits for buyers of new, unoccupied homes.

Realtors, brokers and developers are behind this full force, because it would stimulate their industries and offer some job growth. The opposition to Gov. Schwarzenegger’s proposal are renters, who do not believe that their taxes should be spent as an incentive to purchase homes.

Mobile Home Willed to Daughter, Now a Vacation Home

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In a heartfelt story in the NY Times on December 23rd, Lynne Kortenhaus tells the story of the mobile home left to her by her parents. Kortenhaus, now lives in Boston, and spends several vacations every year in the manufactured home she restored to her liking. Her dual lifestyles are covered, from her fast-paced city life, to her laid-back beach life.

To read the full article Click Here.

Mobile Home Residents Are “Overwhelmingly Satisfied”

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Penn State University carried out a mail survey in 12 rural Pennsylvania counties,  the findings showed that mobile home residents were “overwhelmingly satisfied” with their housing choice. The survey elicited 385 responses. The results showed 48 percent of the respondents cited affordability as a benefit. Another 47 percent said the interior layout of the mobile unit contributed to their satisfaction.

Many mobile home residents can afford to live wherever they please, but choose to live in a manufactured home because they enjoy the lifestyle. The findings of this survey are likely to hold true in mobile home parks across America. It is no secret that a manufactured home can be custom built to meet the owners needs and wants for much less money than a site-built house. The crash in the American economy has created a wave of foreclosures, and mobile home parks are becoming very popular for families. Even with a lower foreclosure rate, mobile home loans are still difficult to finance across America because conservative lenders are not very interested in lending.

How do I look up what my mobile home is worth?

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In order to determine this value you must first identify what you actually have.

Do you have a manufactured home,mobile home or modular home. It sounds like you have either a manufactured or an RV/mobile home. What year was it made? Prior to 76 the value drops off the map as there is no available financing for it outside of creating a note on it and selling the note.

Read More . . .

Mobile Home Owners who Do Not Own Land: Rosemead

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Mobile home parks are a means of affordable housing for elderly and low-income families. State law recognizes the particularly vulnerable condition of mobile home residents, and requires mobile home park owners to address relocation costs when redeveloping their property. But the law remains vague about those requirements, and the mediation is often handled first by the city council, and second by teams of lawyers.

http://www.sgvtribune.com/news/ci_13984388

Are Mobile Homes Safe?

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modern manufactured home

modern manufactured home

If you look at Google News, and search for mobile home, then all you see are stories of tragedy. Many mobile homes are still out there that do not meet basic safety requirements. Thee homes are predominately Pre-HUD homes that were never held to any standards when they were built. Pre-HUD means the home was built before 1968, and the HUD safety regulations were never enforced.

Manufactured homes that were built after 1968 have been proven to be just as safe as a site-built home. However, many people still have a stigma about living in a manufactured home because of safety issues. This is unfounded, and if you visit a mobile home dealer then you will learn the truth.

Also, anyone trying to purchase or refinance a loan for a pre-HUD mobile home will have a very difficult time because the bank considers the home to be a larger risk than a post-HUD manufactured home. Afte 40 years, you would be surprised to learn how many pre-HUD mobile homes are still out there. Anyone living in a pre_HUD mobile home would be well advised to bring their house up to code. And, if they can afford it, replacing a pre-HUD with a new manufactured home could save your life.

Manufactured Homes with Modern Architecture

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A new manufactured home has hit the market, called the iHouse. With conceive principles in the likeness of Frank Lloyd Wrights Usonian conceive style, this mobile home is a new shift in the design of manufactured homes. In 1936, when the United States was in the depths of an economic depression, Wright developed a series of houses he called Usonian across the USA. Wright hoped that home costs would be lowered by people building their own Usonian houses. However, assembling the modular parts was complicated for most people to take on – most buyers hired pros to construct their Usonian houses. This derive is very similar to how modular or manufactured homes are currently produced.
Frank Lloyd Wright revolutionized the American home when he designed more affordable Usonian houses with low horizontal lines and debatable interior spaces. Many of these features can be found in the sleek, modern conceive of Clayton´s new iHouse. Clayton is a renowned mobile home production company, and their new iHouse is pioneering design and efficiency towards the destiny of mobile Housing. The iHouse sports a drenched modern, Usonian-like conceive and also integrates the latest in energy efficiency features into mobile housing.
The Usonian homes were small, one-story structures disappointment on concrete slabs with piping for radiant heat beneath. The kitchens were incorporated into the living areas. Open car ports took the place of garages. These conceive elements have been commonplace in mobile Homes since their emergence in the 1950´s. The only missing determinant to manufactured homes, discovered in a Wright design, was a modern style.
In his blog devoted to the iHouse, Greenotter writes — What I like about the house in general, there is minimal dissipated space. The room sizes are efficient, honest, comfortable and functional.
Recently, Popular Mechanics magazine wrote about the iHouse in January declaring that the iHouse looks like a house you’d order from Ikea, sounds like something designed by Apple and consists of amenities that one would expect to come from a offbeat green company out of California selling to a high-end market.
The basic iHouse is 992 sq ft, though the design’s blend of indoor and outdoor space makes it seem bigger. Final prices haven’t been set, but Clayton hopes to issue it for about $100,000. But the core unit can be expanded by adding additional rooms, in different configurations, to suit the buyer’s specific needs.
Wright had envisioned Usonian homes to be affordable and easy to construct, which were the founding concepts of mobile housing. For decades, Mobile Homes have been the most affordable housing available. Clayton´s new iHouse does come along with a substantial price tag, which has brought on some criticism. The banal answer is that the iHouse energy efficiency options give the owner of the manufactured household substantial savings in energy costs.
Frank Lloyd Wright believed these stripped-down houses represented the constitutional ideals of the United States. This ideal had laid dormant, until now. With the development of the iHouse Clayton has integrated Wright´s efficient and minimalistic spirit into the manufactured and modular housing market.

A new manufactured home has hit the market, called the iHouse. With conceive principles in the likeness of Frank Lloyd Wrights Usonian conceive style, this mobile home is a new shift in the design of manufactured homes. In 1936, when the United States was in the depths of an economic depression, Wright developed a series of houses he called Usonian across the USA. Wright hoped that home costs would be lowered by people building their own Usonian houses. However, assembling the modular parts was complicated for most people to take on – most buyers hired pros to construct their Usonian houses. This derive is very similar to how modular or manufactured homes are currently produced.

Frank Lloyd Wright revolutionized the American home when he designed more affordable Usonian houses with low horizontal lines and debatable interior spaces. Many of these features can be found in the sleek, modern conceive of Clayton´s new iHouse. Clayton is a renowned mobile home production company, and their new iHouse is pioneering design and efficiency towards the destiny of mobile Housing. The iHouse sports a drenched modern, Usonian-like conceive and also integrates the latest in energy efficiency features into mobile housing.

The Usonian homes were small, one-story structures disappointment on concrete slabs with piping for radiant heat beneath. The kitchens were incorporated into the living areas. Open car ports took the place of garages. These conceive elements have been commonplace in mobile Homes since their emergence in the 1950´s. The only missing determinant to manufactured homes, discovered in a Wright design, was a modern style.

In his blog devoted to the iHouse, Greenotter writes — What I like about the house in general, there is minimal dissipated space. The room sizes are efficient, honest, comfortable and functional.

Recently, Popular Mechanics magazine wrote about the iHouse in January declaring that the iHouse looks like a house you’d order from Ikea, sounds like something designed by Apple and consists of amenities that one would expect to come from a offbeat green company out of California selling to a high-end market.

The basic iHouse is 992 sq ft, though the design’s blend of indoor and outdoor space makes it seem bigger. Final prices haven’t been set, but Clayton hopes to issue it for about $100,000. But the core unit can be expanded by adding additional rooms, in different configurations, to suit the buyer’s specific needs.

Wright had envisioned Usonian homes to be affordable and easy to construct, which were the founding concepts of mobile housing. For decades, Mobile Homes have been the most affordable housing available. Clayton´s new iHouse does come along with a substantial price tag, which has brought on some criticism. The banal answer is that the iHouse energy efficiency options give the owner of the manufactured household substantial savings in energy costs.

Frank Lloyd Wright believed these stripped-down houses represented the constitutional ideals of the United States. This ideal had laid dormant, until now. With the development of the iHouse Clayton has integrated Wright´s efficient and minimalistic spirit into the manufactured and modular housing market.

Why to Avert a Foreclosure on your Mobile Home

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Mobile Home owners often fail to see that the consequences of a foreclosure are very unlike those of a Manufactured Home short-sale. A short sale might be one great alternative deserving serious consideration.

Des Moines City Council approves property purchase – DesMoinesRegister.com

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Des Moines City Council approves property purchase
DesMoinesRegister.com
Plans to buy a rundown mobile home park along Southeast 14th Street will help reinvigorate the

and more »

Just did a Streamline Refinance and Rates Have Gone Even Lower

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We just did a streamline loan at 5.25. We did not have to pay anything. Rates have gone down are we able to refinace.again?