Mobile homes on owned land tend to go up in equity, especially with add-ons like sheds and other amenities that make the property more valuable as a whole. Property taxes for mobiles are lower because mobiles have a lower assessed value than stick-built.
We need to educate home owners that home loan is an investment for future. Many potential home owners are postponing their decision to purchase of a home.
Start with the realistic selling price. Take into consideration the time of year, the neighborhood and selling prices of similar homes in the area. If you've picked up a real bargain because the neighborhood is downtrodden, your new and improved home may be priced out of the market.
As one of the most volatile years in the housing market comes to a close, good deals are plentiful, the government is providing uncharacteristic assistance and incentives for home mortgages, and real estate investments may begin to exhibit genuine promise.
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