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Manufactured Housing are homes that are built entirely in a factory in accordance with a federal building code administered by the U.S. Department of Housing and Urban Development (HUD). Manufactured homes may be single- or multi-section and are transported from the factory to a site and installed. Homes that are permanently affixed to a foundation often may be classified as real property under applicable state law, and may be financed with a mortgage. Homes that are not permanently affixed to a foundation generally are classified as personal property, and are financed with a retail installment sales agreement.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Manufactured Housing is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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