There are certain responsibilities as well as rights, that an owner or tenant of a mobile home should fulfill. There is a list of certain rules in rental agreement, residential contract or written statement that you must follow while you are living in your mobile home for rent. It's important that you stick to these terms; otherwise the site owner may be able to evict you. Keep up-to-date with leases and home for rent It's essential to pay your payments for the rent of your rent to own … [Read more...]
What’s The Difference Between a Mobile Home and Manufactured Home?
November 7, 2011 By Leave a Comment
Although many people use the terms mobile home and manufactured home interchangeably, technically there is a difference. According to the U.S. Dept of Housing & Urban Development, if the unit you are considering buying was manufactured before June 15, 1976, it's properly called a “mobile home.” Anything built after that date is a “manufactured home.” The key features of these two types of home are: Manufactured Home: Each manufactured home conforms to the US government's … [Read more...]
How Does a Mobile Home Park Community Earn a 5 Star Ratings?
November 7, 2011 By Leave a Comment
The practice in grading mobile home parks with a "star" rating exist only for mobile homes. Other types of commercial real estate don’t use this practice. The intention of rating guide is not to grade the investment quality. Almost every one who uses the rating doesn’t know what it means or where it comes from. The history behind this practice is unknown to most in the business. The reference to star ratings for mobile home parks is a leftover from a directory of mobile home parks … [Read more...]
Buying a Manufactured Home in a Community or Private land
November 5, 2011 By Leave a Comment
Buying a Manufactured home in a community: There are two types of community where you can place your manufactured or double wide mobile home for sale. 1. Buying a Manufactured home in Well Planned Community: You may want to consider buying a home located in a planned community. Few parameters like, the costs, services, and rules of a planned community should be checked before you buy a manufactured home for sale. Consider the matter such as, who will be responsible for utility … [Read more...]
Choosing Between Buying or Renting a Mobile Home
November 5, 2011 By Leave a Comment
You might be thinking of whether buying a mobile home is a good idea or if renting one would be better. Many different things should be taken into consideration as part of your decision. Both pros and cons exist that a person should consider before they make a decision to buy or rent available mobile homes. This article will help you to decide whether renting or buying is a better choice for you at this time. Pros and Cons of Renting a Mobile Home: Pros: Main advantage of renting a … [Read more...]