Florida law recognizes that mobile home park owners and mobile home owners have a different relationship than other landlords and tenants, as both the landlord and tenant have property rights that…
In New York, landlords are subject to the state's rent control and rent stabilization regulations if they rent apartments constructed before 1974. Private landlords are not subject to those strict…
When you file for bankruptcy, you may find it difficult to secure housing in the immediate future. Because of this, many people who have filed for bankruptcy in the past turn to mobile homes as a…
Mobile homes are an inexpensive housing choice, but there are legal complications for owners. In general, to obtain a title for a mobile home in North Carolina, you must have the existing title signed…
Newly built mobile homes have vehicle identification numbers and are classified as vehicles rather than homes. Consequently, lending options for mobile homes are more limited than for conventional…
You can refinance your rental property as long you have sufficient equity in the property and a strong enough personal financial situation to qualify for the loan. Lending standards are higher for…
Florida law allows for a landlord to obtain and hold a security deposit from a tenant. However, not all money paid to the landlord in addition to the rent due is automatically considered a deposit.…
Rent-to-own contracts let the renter buy the property he is renting at the end of the lease term if he chooses. In many cases, the paperwork for these agreements is almost the same for a lease, with…
Chapter 723 of the Florida Statutes governs the legal duties and rights between mobile home landlords and their mobile home tenants. The Florida Statutes define a mobile home tenant as one who owns…
In Nevada, the Landlord and Tenant Act for Manufactured Home Parks, Chapter 118B of the Nevada Revised statutes, governs the rights and duties of mobile home park owners and their tenants. The act…
Although the Florida Landlord-Tenant Act grants certain rights to tenants, the right to give a worthless check to the tenant's landlord is not among them. Landlords in Florida have the right to charge…
Mobile homes are technically classified as vehicles unless permanently fixed to the ground. Therefore, like cars, mobile homes lose value over time and are viewed as a type of depreciating collateral…
Part 2 of the Florida Statutes, Chapter 83, codifies the Florida Landlord Residential Tenant Act. The statute governs all residential landlord and tenant agreements in the state. The Florida Landlord…
The 2011 California Mobilehome Residency Law governs the landlord-tenant relationships between mobile park owners and their tenants. The California Code defines a "mobilehome" as a permanent or…
The laws for apartment rentals vary from state to state. However, some landlord/tenant interactions are regulated by standard procedures regardless of location. To ensure that you are following the…
For struggling Alabama homeowners, a foreclosure sale is not necessarily the final stage in the foreclosure process. If you can afford to pay the entire balance remaining on your mortgage plus…
Teenagers dream of owning their own car. Some of them will even save up to buy their first car. However, once they have the money saved, will they be able to purchase a car if they are under 18 years…
With a foreclosure, a lender will seek to reclaim a mobile home if the borrower doesn't make monthly payments on his mortgage note. Alabama laws on mobile home foreclosure are contained in Title 35,…
FHA policies require that you live in the home that you finance with the FHA loan. According to the FHA website, after you have reached 75 percent equity in the original FHA loan, you may be eligible…
Foreclosure of your home can be a devastating process emotionally. If you own a traditional home or a mobile home, the result is the same, you lose the place where you have been living. If you follow…
The Federal Housing Administration (FHA) insures many different types of mortgages, including loans used to purchase mobile homes. FHA partner lenders write the loans used to make the purchase, but…
Manufactured homes are built off-site and moved onto your own land or rented lot. When pricing a manufactured home to sell or purchase, you must determine certain variables. Factors such as a used…
For some prospective home buyers, a traditional home is out of reach financially. Mobile homes are less expensive and have many features and amenities that make it a viable option for individuals…
When looking for housing, the mobile home is an option that many people overlook. Despite the negative connotations that come with it, living in a mobile home can provide you with several benefits. It…
Mobile home landlord and tenant laws differ from the standard landlord and tenant statutes that each state has, due to the fact that the relationship between the two parties is different than in a…
Buying and financing a home in Kansas is easy with good credit and adequate planning. Hiring a licensed real estate agent sounds like a logical starting point but is actually one of the last things…
If you are interested in buying or selling four wheelers, you will need to determine a good price for a used ATV. Prices can fluctuate depending on demand, which is why you need to assess the current…
The Federal Housing Administration insures loans used to purchase or refinance mobile homes. The FHA partners with lenders that finance loans that meet the strict FHA eligibility guidelines. People…
Under federal law, low-income families who cannot otherwise afford housing may receive a housing subsidy from the Housing and Urban Development Department. HUD tenants are responsible for paying their…
Refinancing a mortgage loan on your rental property may help improve your monthly cash flow. A refinance could allow you to obtain a lower interest rate and reduce your monthly payments on your rental…
Many people run into difficulties when trying to refinance rental properties because banks have very strict underwriting guidelines for rental income property mortgages. Most banks require borrowers…
Traditionally, lenders have charged higher rates for mobile home loans than other types of mortgages. State laws classify mobile home loans as personal loans similar to car loans because mobile homes…
A park model is a smaller version of a manufactured home or mobile home. Park model homes are typically used for seasonal residence as an alternative to a timeshare or condominium. Like manufactured…
There are many instances when it's helpful, and even necessary, to estimate the worth of your home. Some require an appraisal, which is the only way to determine market value. If, on the other hand,…
The county of Trumbull in Ohio has the right to condemn a mobile home if it is not considered inhabitable or by exercising eminent domain. This allows government entities to use the private property…
The Residential Landlord-Tenant Act cover the leasing or renting of a mobile home in South Carolina. The state Code of Laws protects both the landlord and tenant regarding rent, terms of the agreement…
A mobile home is a factory-built dwelling that meets the standards set forth by the U.S. Department of Housing and Urban Development, according to the North Carolina Real Estate Commission. Whether a…
A mobile home located in a park is considered personal property--since it is not permanently attached to the property--limiting your refinancing options. Being classified as personal property means…
Whether if you are planning to move to a trailer park or want a trailer to pull with you on vacations, the Fema brand trailers are the top of the line mobile homes and trailers on the market. Fema…
Mobile homes on land may be considered either real or personal property, depending on their location and their relationship to the land. It is essential to understand the differences between real and…
There are several ways to refinance a mobile home, and the best way depends on your needs and what kinds of requirements you can meet. In general, you can refinance your mobile home with a private…
Founded in 1908, the city of Edinburg, Texas, has a population of 55,297 people. Rich in history, Edinburg has much to offer the retirement community. Edinburg is not far from several different 55+ RV…
When interest rates fall, you can save a significant amount of money by refinancing your existing mortgage loan into a new one with a lower interest rate. If you have a 30-year fixed-rate mortgage…
If you have a 30-year fixed-rate mortgage loan of $100,000 on your mobile home, you can save more than $120 every month by refinancing from a loan with an interest rate of 7 percent to one with a rate…
Most of the same basic rules of leasing apply to both mobile homes and traditional residential homes. There are, however, a few major differences, and you should be well informed before entering into…
As a piece of titled personal property, a mobile home is a depreciating asset, like a car. Once it is attached to land that is owned by the title holder of the home, it can be converted into real…
Mobile homes, also called manufactured homes, are a popular low-cost housing choice for many people. Mobile homes have improved greatly since their inception and some now look almost identical to…
Many mobile home owners decide to add value to their property through remodeling and repairs. This process will help if you are looking to have your mobile home appraised to put on the market or if…
Mobile homes can be a challenge to list. They are considered personal property with a title, like a car, unless they are permanently attached to land that is owned by the home's owner and being sold…
The appraisal of mobile homes, or "manufactured homes," as they are properly known, presents unique considerations for valuation. Before beginning an appraisal of a mobile or manufactured home, you…
Purchasing a pre-manufactured home as a retirement dwelling can be a good decision, thanks to the manageable size and comparatively inexpensive pricing of these homes. But before you spend your…
While a mobile home is a dwelling that individuals live in, the types of loans used to finance them are similar to the types of loans used to finance vehicles or personal property items, such as…
A mobile home is a home that can be moved, typically having wheels and the ability to be relocated either by a truck pulling it or on top of a trailer. Mobile homes originated from the camper as a way…
There are many benefits to owning a mobile home. For many, the biggest benefit is that buying a mobile home is cheaper than renting or purchasing a new house. Buying a used mobile home can save even…
In a judicial foreclosure, the lender files a foreclosure lawsuit against you, also known as a notice of default or a Lis Pendens, in the county court. Depending on the court's schedule, you will be…
Buying a repo mobile home can be less expensive than purchasing a new mobile home or traditional home. When purchasing a repo, it's important to consider where to place it. You can either purchase…
Buying a mobile home can be a great investment for some. The option of designing your own living space, having it built and shipped to you is a big attraction. It can also be more economical to heat…
Whether you call them mobile homes or manufactured homes, financing one is different than financing a regular home. Yet, it is still possible to finance your mobile home with a mortgage from a…
Mobile home units, also called manufactured homes, are properties that can be both permanent or mobile structures. Appraisals conducted on mobile homes are similar to single-family or multi-unit…
A mobile home is a portable structure capable of supporting a small living arrangement. The value of a mobile home may be calculated using various methods depending on the situation in which the home…
Mobile homes are manufactured homes that are less expensive than regular houses and offer the ability to transport them to different lots when desired. Many times mobile homes exist in communities,…
The Federal Housing Administration (FHA) provides a way to finance a home with a lower down payment than is typical. It sets specific requirements that manufactured homes must meet to qualify for FHA…
Investing in mobile homes can be a lucrative business and requires a lot less capital to get started than investing in traditional real estate. It's also more flexible because you can choose to invest…
Mobile home foreclosure is similar to any other home foreclosure. The steps taken in the process can vary from state to state, but the process usually unfolds rapidly so the lender can regain her…
There are several advantages to purchasing a mobile home. It is less expensive than buying a stick-built house, it may give you the option of purchasing more valuable land because you have spent less…
Renting to own is a great way to break into the real estate market if you don't have enough money for a down payment and closing costs or your credit is not good enough to get a mortgage. Mobile homes…
If finding affordable housing is your goal, you may be interested in purchasing a mobile or manufactured home. Mobile home manufacturers have recently gone to great lengths to make them seem more like…
A bad economy means financial problems for most people, and landlords for mobile home parks have problems filling spaces. From the incredibly wealthy to those with lower cash flows, people consider…
Mobile home skirting serves many purposes: rodent and weather protection, insulation, and aesthetic appeal. The skirting is the material that surrounds the bottom of the trailer and touches the…
Mobile homes make affordable accommodation for a vacation, and they're a convenient way to live on the road. Mobile homes are a big investment, though, so before you purchase one, do your homework and…
Owning a mobile home gives you the luxury of being able to relocate your home when you move. Of course, you still need to pack and unpack, but at least you don't have to worry about hiring a moving…