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Buying Mobile / Manufactured Homes

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A mobile home was built before June 15, 1976. A manufactured home was built after this date. This is the date that HUD standards for construction of Manufactured Homes under 24 CFR Part 3280 have been met.
Manufactured homes can appreciate in value just like site-built houses. Start building equity instead of pouring rent money down the drain. You will get the investment and tax advantages that only come with owning your own home. Check with your accountant about how to claim these.
Not necessarily. Manufactured homes are built to a national code. Manufactured homes are constructed in a factory environment that is not subject to weather conditions that can impact a home built on site. Energy efficiency and fire safety are just two of many qualities of manufactured home construction that are superior to a typical site-built home. In addition, Manufactured homes are built so they can be transported down the road at freeway speeds. Most site-built homes could never handle that kind of stress.
Pretty much anywhere. A MH park, city lot, rural acreage or farm, as long as there are not exclusions in the local zoning code against manufactured homes, and there usually are not. Check with your local ordinance enforcement to be sure.

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