That sounds like my goal (not the abusive father living in a trailor park thing, the other thing), its to find a 3-bedroom manufactured house or a condo for 60k-ish and get two roommates. Hopefully the roommate splitting utilities 3-ways and their rent income will cover most/all of my utility and homeowner expenses.
My husband and I put a 28x60 manufactured home on 10 acres of land given to us by his family. We didn’t get into this with the goal of reselling. It’s family land and will stay that way.
We put it on a basement, which doubled our square footage. The house, basement, septic, rural water, etc. cost us around $95,000. Our taxes (which include a 30x50 pole barn) cost us $680 per year. We had enough money saved up to pay cash for everything but the house. Our house payment is $474/month.
We live in Iowa near a town of about 800-pretty rural, but I wouldn’t do anything different.
Manufactured/mobile homes = suicide.
They self-destruct in thunderstorms.
Do Not Buy One!
What are you basing that on?
and manufactured homes are not the same as mobile homes.
http://i.cnn.net/cnn/interactive/weather/0408/gallery.charley.aftermath.sat/gal.portch1.ap.jpg
http://i.cnn.net/cnn/interactive/weather/0408/gallery.charley.aftermath.sat/gal.portch3.ap.jpg
http://i.cnn.net/cnn/interactive/weather/0408/gallery.charley.aftermath.sat/gal.punta4.ap.jpg
Click the links.
And BTW–the difference between the two ain’t worth mentioning. Similar materials are used in both. Similar fittings.
Regular homes appreciate in value; manufactured homes depreciate. And I trained as a realtor–I know what I’m talkin about.
Really? Huh. Funny ours has gotten through several thunderstorms in the 5 1/2 years we’ve lived in it, including a tornado which grazed the top of our grove of trees in the backyard, with no damage.
As I mentioned before-it doesn’t matter to me if my home depreciates-I didn’t buy it to sell it. It’s on family land that will stay in the family. It isn’t even a concern of mine.
I wonder if everybody’s talking about the same things. It appears that manufactured homes are what used to be called *mobile * homes. They are built in factories on wheeled chassis to meet federal HUD standards.
*Modular * homes are built in sections in factories and then assembled on-site. They have to meet local building codes like stick-built houses, and aren’t much different from them except that they go up faster.
Lazarusing this to ask,
what are Palm Harbor Homes considered?
This is a guy who knows of what he speaks. Read, and learn!
I have a manufactured on full foundation and am just plain BORED with the floorplan.
Who am I kiddin’? I’m bored with most everything. :rolleyes:
Next time, just create a new thread and post a link to the old one if you have to, please.