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Confusions about manufactured homes and foundations!
One of the most frustrating things for manufactured home owners in the last few years has been the changing emphasis on type of foundations on their understructures in order to qualify for loans.
Manufactured homes in Condo Parks and Lending Practices
Many high quality manufactured home developments were first developed as rental or lease communities and later through the resident or homeowner association efforts or through owner determination, the development was converted to resident ownership.
Foundations and the Mobile home Park Conversion Process
Many mobile home parks and manufactured home communities began as rental parks where space rent was dictated by location, size, date of purchase and cost of living increases.
"Looking to put your home on a Permanent Foundation?"
The first step in placing your manufactured home on an engineered permanent foundation is to own the land upon which the unit sits. Whether the home is located in a resident-owned a Planned Unit Development subdivision (PUD).
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