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Owner financing is an arrangement in which an owner or seller, rather than a bank or mortgage lender, extends financing to a buyer. This can be a viable option for buyers who don’t qualify for a ...
Mobile homes are designed and constructed to be transportable by road in one or two sections. Mobile homes are no larger than 20 m × 6.8 m (65 ft 7 in × 22 ft 4 in) with an internal maximum height of 3.05 m (10 ft 0 in). Legally, mobile homes can still be defined as "caravans".
After Hurricane Charley in 2004, 17,000 FEMA-issued trailers and mobile homes were successfully deployed. [8] At least 145,000 trailers were bought by FEMA to house survivors who lost their homes during the 2005 Atlantic hurricane season due to Hurricane Katrina and Hurricane Rita . [ 9 ]
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This was financed through Green Tree Financial Corporation and its subsidiary, Green Tree Financial Corp.-Alabama. Randolph's Manufactured Home Retail Installment Contract and Security Agreement required that Randolph buy a specific type of insurance and that disputes about this provision would have to be settled by arbitration. [ 1 ]
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