How to Build Mobile Home Equity

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How to Build Mobile Home Equity – This is a place for the community to provide tips and advice on How to Build Mobile Home Equity. This topic was created by Gonen Snir and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - Do Manufactured Homes Build Equity?

Published: 9 years, 2 month(s) ago | Submitted by hlzmnn | permalink

The equity you have in any home, whether site-built or manufactured, depends on the difference between its current market value and the balance of your loan. This doesn’t necessarily mean, ...

For further reading: http://finance.zacks.com/manufactured-homes-build-equity-10677.html ^[1]

Tip 2 - Do Manufactured / Mobile Home have the Equity Advantage?

Published: 9 years, 2 month(s) ago | Submitted by Kartik Pandya | permalink

HI All, I am considering purchasing a Manufactured / Mobile Home in a lot but I am holding back because of this basic logic: Real Estate its all about the land. So if I purchase this mobile home in a park, I don't own the land, I just own the home on top of it. So with time the house will lose v...
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For further reading: http://forums.redfin.com/t5/Bay-Area/Do-Manufactured-Mobile-Home-have-the-Equity-Advantage/td-p/119063 ^[2]

Tip 3 - Can I Get a Home Equity Loan on a Double-Wide?

Published: 9 years, 2 month(s) ago | Submitted by Nancy Gormley | permalink

Getting a home equity loan on any property will depend on a few factors, such as how much equity is available and what other debts the borrower has on top of the mortgage. Mobile home owners often ...

For further reading: http://budgeting.thenest.com/can-home-equity-loan-doublewide-27497.html ^[3]