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To: JesseHousman
But only 250,000 of the state's 900,000 manufactured homes were built after 1994.

This is probably the main problem for the Florida housing. Since I'm a mortgage lender I'll write from a professional viewpoint.

The manufactured home industry in the Southern states suffers from a stigma of older, inferior homes and the shady business practices of those who sold them.

The new manufactured homes are a great value. When placed on a permanent foundation, they are titled as real estate --not chattel property (like a car)and are appreciating in value.

They are a great buy for retirees. I write about one mortgage a month for manufactured and the demand is only growing.

Perceptions of this product are changing favorably with the buying public and lenders.

19 posted on 10/10/2004 6:06:14 AM PDT by GVnana (If I had a Buckhead moment would I know it?)
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To: GVgirl

Do the manufactured homes still have to be secured with earth anchors?


21 posted on 10/10/2004 6:08:27 AM PDT by JesseHousman (Execute Mumia Abu-Jamal)
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