Manufactured Housing News

Currently, a series of myths and misconceptions about the structural integrity, construction quality, and safety of factory-built homes are still surrounding the prefabricated housing sector. However, prefab homes deliver one of the best housing options for a broad range of homeowners. That’s because, besides being considerably less expensive than site-built construction and providing a wide range of styles, modern factory-built housing options, including modular and manufactured homes, offer the same amount of protection and safety as traditional stick-built houses.

The short answer is yes. The long answer is: it depends. That’s because a manufactured home must comply with certain requirements in order to be considered real property. Since the process of classifying a manufactured home as real property varies by state and local jurisdictions, the local governments have developed specific statutes that set forth the procedures for classifying a manufactured home as real property.

For many people, buying a home is an important financial decision. However, choosing the right type of home is often more important than bringing your dream of homeownership to life. That’s because the home that you choose will indirectly dictate a series of factors, including the type of neighborhood you’ll live in, the financing options you may qualify for, and the payment you’ll have to make every month over the life of the loan.