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Mobile homes are often sited in land lease communities known as trailer parks (also 'trailer courts', 'mobile home parks', 'mobile home communities', 'manufactured home communities', 'factory-built home communities' etc.); these communities allow homeowners to rent space on which to place a home. In addition to providing space, the site often ...
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
Construction of a prefabricated modular home (see also time-lapse video)Prefabricated homes, often referred to as prefab homes or simply prefabs, are specialist dwelling types of prefabricated building, which are manufactured off-site in advance, usually in standard sections that can be easily shipped and assembled.
Title II loans cannot be used for manufactured homes on leased land in manufactured home communities or mobile home parks. Down payments on a Title II loan can go as low as 3.5 percent, and terms ...
In fact, only 36% of households earn enough money to buy a home today. Why homes are so much harder to afford. A couple of factors have come together to make homeownership much more expensive than ...
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Vanderbilt is a unit of Berkshire's Clayton Homes, which is the nation's largest builder of manufactured homes. Both Vanderbilt and Clayton are based in Tennessee. “For 50 years, Vanderbilt ...
This term is used to contrast such a dwelling with mobile homes and modular homes that are assembled in a factory and transported to the site entirely or mostly complete and hence are not "stick-built". Stick-built homes are also built using a more traditional method of construction rather than a modular type. [2]