This Week's Featured Mobile Home Park For Sale
-- Mobile Home Park Exchange - Wed 07/01/09 05:51:46 pm --
 This park has underground utilities and city owned paved streets. Each lot is metered by the town for water & sewer as well as electricity. All lots are a minimum of 6000 sq ft and therefore buildable lots.
Past management has been a problem here and the town had imposed some unrealistic age limits for homes brought into the park. That age limit has been corrected recently and the sky is the l...
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Time Management Tips For Manufactured Home Sales Professionals
-- by L. A. Tony Kovach - Wed 07/01/09 05:43:59 pm --
For a number of years, at the top of my fax cover sheet I had two mottos posted:
"Oh how rich I would be if only I could have everyone's wasted time."
"No matter who you are - we all have the same amount of time in a day."
These statements are telling! Speaking of telli...
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Promoting Your Manufactured Home Community
-- by Chrissy Jackson - Wed 07/01/09 04:55:00 pm --
 When properly promoted, every community should have a waiting list of qualified prospects and should be receiving resident referrals on a regular basis. How do you do this? Who should partner with you in an effective marketing program?...What areas are you not even aware of that send a marketing message to your prospects? How can you create programs to improve the perception your residents have of...
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The Future Of Mobile Homes/Parks?
-- by Lonnie Scruggs - Wed 07/01/09 04:40:06 pm --
 In
checking through my files, I came across this article from several years back. I
think this would be a good time to run it again, since nothing has really
changed. And while it was directed toward the Manufactured Housing bu...
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Cavco offers to buy Fleetwood housing unit
-- PRNewswire - Wed 07/01/09 11:50:15 am --
 RIVERSIDE, Calif. and PHOENIX, June 30
/PRNewswire-FirstCall/ -- Cavco Industries, Inc. (Nasdaq: CVCO) and Fleetwood
Enterprises, Inc. (OTC Bulletin Board: FLTWQ) today announced that that they
have signed an indication of interest in which Cavco and an investment partner,
Third Avenue Trust Value Fund (TAVFX), have offered to purchase certain of
Fleetwood's assets compr...
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Is i-house a model for modern modular?
-- Seattle Post-Intelligencer - Mon 06/29/09 02:06:57 pm --
 Clayton originally envisioned marketing and selling the homes exclusively online, but is now starting to set up models around the country, said John Devoille, a housing consultant at Heritage. "They're realizing now that people want to see the house. They want to touch it. They also need some help in terms of site preparation, permitting, financing. That's where we come in."
The first potential...
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WHY ARE MOBILE HOME PARK MANAGERS SO CRITICAL?
-- by Corey Donaldson - Mon 06/29/09 11:12:17 am --
The manager is
a critical part of the success for your investment property. Having a good
manager can mean the difference between your spending 5 hours a month overseeing
a property if you have a good manager, or 40 hours a week if you have an inept
manager. For example, I owned an income property managed b...
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Berkshire's Clayton Homes: Deconstructing the i-House
-- Seeking Alpha - 3 VIDEOS - Mon 06/29/09 10:45:37 am --
 Clayton Homes, a Berkshire Hathaway (BRK.A) subsidiary, has been the subject of several articles on this site over the past few months. Clayton Homes maintained a very admirable track record related to mortgage financing throughout the housing bubble and, as a result, the company has experienced fewer mortgage delinquencies and foreclosures. Clayton recently unveiled a payment protection plan inte...
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How I Made A Million Dollars With A Mobile Home Park...--And How You Can Too, Even In This Recession
-- by Frank Rolfe - Mon 06/29/09 10:16:47 am --
 The mobile home park industry is terribly misunderstood.
There is massive opportunity, but everybody is looking in all the wrong places.
Why? Because mobile home park investing, properly done, requires trusting in the
opposite of what your initial instincts are. That’s because it is an unusual
investment real est...
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My biggest mobile home park investing mistakes were ....
-- MobileHomeParkForum - Mon 06/29/09 10:01:56 am --
 I bought a park in probably the worst place in the entire US and .....not fully understanding the county governments rules and regulations with restrictions ....limiting my geographical search to parks that were close enough to drive to...not performing proper due diligence on parks...my mistakes have revolved around POH which came with the first park.
So far my biggest mistake was being cheap...
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Colorado Mobile Home Park Rent Surveys Updated
-- JLT and Associates - Mon 06/29/09 09:24:45 am --
Colorado
MHCommunities Rent Survey Updates
JLT & Associates
is pleased to announce that fo...
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How To Profit From Mobile Park Homes
-- by Omar Johnson - Fri 06/26/09 06:13:17 pm --
They may not be the most popular housing, but manufactured homes are certainly a form of affordable housing to be appreciated. Mobile homes these days are a far cry from the ones being produced several years back. They are stylish, large, and some are even luxurious.
While some real estate investors may be inclined to turn up their noses at manufactured homes, that...
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The Basics Of Short Sales For Beginners
-- by Tom Bukacek - Fri 06/26/09 05:44:50 pm --
A short sale is not named as such based on the amount of time needed to complete the transaction as the average short sale may take anywhere from 3-9 months. Rather it is named based on ‘shorting’ a bank on the amount due on a given mortgage.
Short sales are generally used when the seller is both behind o...
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Monetizing the $8000 Federal Tax Credit towards Down Payment
-- YouTube Video - Fri 06/26/09 04:48:08 pm --
In a speech before the National Association of Home Builders (NAHB) Board of Directors on May 29, HUD Secretary Shaun Donovan unveiled new rules that will help spur the housing market by allowing consumers to use the $8,000 first-time home buyer tax credit to help cover the costs of closing on an FHA-insured home.
...
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Startup's prefab homes aim for zero energy bills
-- San Francisco Chrionicle - Fri 06/26/09 04:34:36 pm --
 What allows us to build housing at a competitive cost with zero energy bills is that we're doing it in a factory where we have very efficient design and production and cut down on waste," said Naomi Porat, Zeta's CEO.
Zeta's plan coincides with recognition by the state and federal government that housing is a major contributor to global warming. But while green building experts say Zeta's idea...
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Mortgage Applications Rebound as Rates Stabilize
-- Mortgage Daily News - Fri 06/26/09 04:22:30 pm --
 Loan applications for mortgages increased last week for the first time in a month, as average rates for a 30-year fixed rate mortgage edged downwards, a weekly report said Wednesday.
Demand for applications advanced 6.6% in the week ending June 19, according to the Mortgage Bankers Association, who have been conducting the survey since 1990.
From the MBA Press Release:
The Market Composi...
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California Assembly revives mobile home bill
-- Forbes - Fri 06/26/09 03:58:49 pm --
 The California Assembly has approved a previously rejected bill that would lift mobile home park rent controls when a resident moves out.
The measure by Democratic Assemblyman Charles Calderon of Whittier was approved Thursday by a 41-25 vote, the bare majority needed to pass the 80-seat house. It fell three votes short of that threshold on Monday.
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Manufactured housing bill signed by Governor Markell
-- WGMD Radio - Fri 06/26/09 03:48:15 pm --
 Governor Jack Markell has signed legislation that treats the residents of manufactured housing communities like any other renter in the state. House Bill 107 makes ground rental payments and increases paid in equal amounts over a calendar year and prohibits a lump sum payment unless it’s at the tenant’s request and is agreed on by the landlord...
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Frequently Asked Questions About the Home Buyer Tax Credit
-- Your Federal Bailout - Fri 06/26/09 03:38:58 pm --
 The
American Recovery and Reinvestment Act of 2009 authorizes a tax credit of
up to $8,000 for qualified first-time home buyers purchasing a principal
residence on or after January 1, 2009 and before December 1,
2009.The following questions and answers provide basic information
about the tax credit. If you have more specific question...
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Existing-Home Sales Rise in May
-- BuildingOnLine - Fri 06/26/09 03:17:00 pm --
 Sales of existing homes showed another gain in May, benefiting from favorable affordability conditions and a first-time buyer tax credit, according to the National Association of Realtors®. May's increase was the first back-to-back monthly gain since September 2005.
Existing-home sales – including single-family, townhomes, condominiums and co-ops – rose 2.4 percent to a seasonally adjusted annu...
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