Thursday, August 17th, 2017 at
You should consider a home warranty.
If you’re purchasing a home including appliances like a refrigerator, furnace, etc., a home warranty might be a good idea. It offers you protection if one of these major functions of the home needs repairs. Often times, the seller will pay for it, too.
Contact Annie Grogan at Fidelity Home Warranty today for more information!
Phone: (800) 308-1420 ext. 3410
Monday, August 14th, 2017 at
MANUFACTURED & MOBILE HOME LOAN PROGRAMS
21st Mortgage Corporation is a full service lender specializing in manufactured home loans. We underwrite, originate, and service our own loans. That means there are no hassles, no runarounds and minimal wait times. We provide competitive rates for affordable housing – whether you’re buying for the first time or looking for a better refinancing package.
Our Manufactured & Mobile Home Loan Programs include:
No Pre-payment Penalties
No Land Required
Financing for homes located within a Park or Community
Financing for New and Used Manufactured Homes
Permanent or Nonpermanent Foundations
Primary, Secondary, Vacation & Investment
Closing Costs and most Third Party Fees may be financed
Give Jonathan Cozzolino a call today to get more information
Phone: 800-955-0021 Ext 1227
Monday, August 7th, 2017 at
Qualifying to live in the park
All Mobile Home communities will want to know who is living there and make sure that who is actually living there is the same person that is on the lease/rental agreement.
The process of qualifying is similar to getting a loan. Typically the management will need an application filled out, credit report run, income verification, photo ID – and in some cases a background check is done.
Normally you must sit down in an interview and discuss the rules and regulations for living in the park. This is a good thing! You know then that everyone living there has passed this test too.
If you are considering buying and living in a Mobile home community, speak with the residents and manager first.
Thursday, July 20th, 2017 at
First-time homebuyers: Get that starter home now
Well, you’d best gyrate into action. And we mean now! More than half of the home sales (52 percent) in 2017 are expected to be to first-time buyers, and mostly to the millennial set (19 to 34 years old), many moving from urban rentals, research by the National Association of Realtors shows. That means competition — and bidding wars — could become fierce in the spring for such “starters” in desirable areas.
While there’ll be less inventory this winter, there’ll also be less competition per unit and a higher percent of motivated sellers.
Monday, July 17th, 2017 at
Don’t only poor folks live in mobile homes?
Don’t only poor folks live in mobile homes?Yes, amazingly this question is asked to me more often than I would have thought possible. It is this negative mental roadblock that is keeping so many investors from profiting in this type of real estate. The answer to this question is of course a resounding “NO.” Do not mistake someone paying a lower mortgage payment as being poor. New mobile homes can cost between $18,000 to over $130,000 for a large basic model, not including the land the home will sit atop.
Thursday, July 13th, 2017 at
5 Ways You Can Help Your Agent When Buying a Home
1. Identify your “Must Haves” – Knowing what you want and what you need will help save time.
2. Disclose your “Top Dollar” amount – This could save you from overpaying for a home
3. Get “Pre-Qualified” – Show that you are financially qualified to purchase.
4. Get “Set” – If you need to sell your current home first, prove your ready by putting it on the market.
5. Be “Honest” – Give feedback about homes you have seen to help your agent understand your preferences.
Monday, July 10th, 2017 at
Are manufactured homes permanent?
Manufactured homes can be sited on a parcel of land just as a home can be built there. In this case, they can be designed so as to be indistinguishable from conventional site built homes. Manufactured homes can also be placed in a land-lease community where the home is owned and placed on leased land.
Thursday, July 6th, 2017 at
Technology is becoming much more important in real estate.
Those who know how to develop products which use digitized photographs and video will have an advantage in the future because they can take properties to the customer as opposed to having to take the customer to the properties.
Thursday, June 29th, 2017 at
2017 – More New Homes
Though the most recent data on new home construction showed that builders pulled back on new projects in November, the overall trend in home construction is clearly positive, with the average annual rate of new groundbreakings reaching a 1.163 million rate so far in 2016, up about 5% from 1.108 million in 2015.
Expect this to continue in 2017, as home builders are encouraged by higher wages, looser credit, and increased demand from buyers.
Monday, June 26th, 2017 at
Owning a Home
Manufactured housing is a significant source of affordable homeownership that should be leveraged and more proactively protected. It opens the door to homeownership for families who, in many of the nation’s housing markets, cannot afford to buy a site-built home. More than 17 million Americans live in manufactured housing.