Purchasing a Manufactured Home

[Linda Martin]

Hello - I am trying to purchase a Manufactured Home in Forestville, MD. The problem is that it is in a park - it is on permanent foundation, but I will have to pay a rental fee - the problem comes in with trying to find a lender that will provide financing to a manufactured home that is on rental property. My question is can someone recommend a lender who will do lending in MD on rental property. I am also curious to find out how much Manufactured Homes are selling for. I did a Bluebook value and saw at the highest rate the house is worth 35,000, but the seller is selling for 47,000 - is this normal? Should I try to talk the person down? I also see that the house is in a area that is considered to be a Priority Funding Area that is listing in Prince George's County.

Someone answered and told me to try www.refi.net, but did not answer any other question.

[Kim Fryza]

Fidelity Home Mortgage Corp.
800-483-0563 ask for Henry

[Angela]

Can you please tell me where you went to find a bluebook value on a mobilehome? I'd appreciate it.

Thanks & good luck with your deal.
Angela

[David Oxhandler]

You can order a manufactured housing book value report on line at ManufacturedHomeCredit.com.

All reports are filed by an experienced Manufactured Housing Valuator, based on the information that you submit about your home. A Value Report will be returned to your e-mail within 3 days (excluding Sat and Sun).

This is not a full appraisal and the results should not be relied on for major decisions. but will give you an idea of what your homes is selling for at retailer locations across the country.

TO go there now CLICK HERE.