My husband and I are on the lower income side, and also don’t have the best credit. We currently rent for very cheap actually, but the place is very small and with our 2 children and one on the way, it is simply not going to work for us anymore.

We have found a doublewide for sale in our area. It is a 1989 sitting on 1 acre with a basement for the price of ,900. We think it is a good deal, needs cleans up, but perfect for us with 4 bedrooms! It is really about all we could afford at this time.

However, I have heard that the interest rates on manufactured homes are much more than with traditional home loans, and since doublewides depreciate so quickly, is it wise to purchase to purchase this home?

Technorati Tags: acre, bedrooms, doublewide, home loans, income side, interest rates, manufactured homes

HERE IS THE QUESTION HAD HURRICANE DESTROY HOME IN 2004. INSURANCE CO. DIDN’T GIVE US ENOUGH MONEY SO HAD TO MORTGAGE FIVE ACRE’S TO GET MANUFACTURED HOME, THEN MOTHER MOVE ON LAND AFTER SHE BOUGHT HER MANUFACTURED HOME THAT ONE IS PAID IN FULL, HAD TO GET A SECOND MORTGAGE WHEN SHE GOT IN TROUBLE WITH MONEY, PAYMENTS ARE 287.00 AN 317.00 A MONTH / I HAVE NO JOB AT MOMENT / NEED TO PAY THESE OFF / I AM 53. MOTHER IS 80. BAD CREDIT BUT OWN FIVE ACRE’S 49,000.00 IS LOAN PAY OFF . EVEN IF NEED TO SIGN PAPERS WHEN ME AN MOTHER PASS AWAY COMPANY CAN TAKE ALL. NEED NAME OF COMPANY AN NUMBER NEED HELP FAST PLEASE. LAND IS WORTH BETWEEN 0,000.00 AN 0,000.00

Technorati Tags: acre, bad credit, hurricane, insurance, insurance co, job, money payments, mother move, second mortgage

I have a new mobile home on an acre and it is totally paid for land and all. Why can’t I get a loan on it to get a permanent foundation put under it? I was told I need a foundation to get a loan so go figure.
LR

Technorati Tags: acre, mobile home

I have a 1971 mobile home that sits on .66 acre. The house was actually completely tore down and rebuilt in 2000, despite that, I am finding that it is darn near impossible to refinance. I owe 7,000 on the house and comparables in my area are going at about 0,000. If I can’t refinance because my place is a 1971, is it possible to take out a home equity line of credit on a mobile home?

Technorati Tags: acre, comparables, equity line of credit, home equity line, home equity line of credit, mobile home

We are currently living there and want to buy the land from the owners instead of paying a fee every year, as is the current setup. It’s a total of 2 acres and it’s zoned residential. If I can get the price for 1 acre, I can figure a good asking price for two. This is her family’s land and we want to purchase it so we can refinance the mobile home for much needed home improvements.

Technorati Tags: acre, asking price, home improvements, mobile home

Does anyone know of any companies that will finance a 1984 double wide? I need to finance 45000. I got approved with Vanderbilt Mortgage, but they will only finance homes 15 years old or newer. The lady said it was really hard to find a company that financed anything older. Can someone helP?
also the home sits on a .3 acre lot.
home is sitting on cinderblock foundation with underpinning. It has never been moved with the exception of putting it into place
the land goes with the home and will be owned, there is no rental on the lot

Technorati Tags: acre, underpinning, vanderbilt mortgage