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pegwen2, Home Buyer in Colonial Beach, VA

Class C Certified Manufactured Home

Asked by pegwen2, Colonial Beach, VA Wed Oct 9, 2013

What is a Class C Certified Manufactured home and how do they compare with regular wood framed homes? Can these homes be conventionally financed?

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Class C homes are manufactured homes that have been placed on a permanent block foundation and re-assessed by the County and these homes would subject to conventional financing depending on age of property.

Chris Kavanagh Associate Broker
Coldwell Banker Residential Brokerage
Bethany Beach, De 19930

302-829-9068 (direct)

chris@5starbeachhomes.com
1 vote Thank Flag Link Wed Oct 9, 2013
couldn't have said it better myself
Flag Wed Oct 9, 2013
A "Class C" certified manufactured home is a home that was a double-wide mobile home when brand new. It must be sitting on owned land (not leased land), on a permanent block or brick foundation, and must have its motor vehicle title retired to the Department of Motor Vehicles. It must be inspected by the county inspector when the change of status occurs. As a "Class C" it is easier to finance than a doublewide, with better terms either as new or as a resale. Conventional financing is available locally.

The quality of construction is typically not as good as a "stick built" or regular wood-framed home. However, with proper maintenance, these homes can last for 30 years or more and remain attractive. Typically, a "Class C" home is less expensive than a "stick built" home, and so they are very popular in our area as vacation homes, retirement homes, and remain a popular choice for first-time homebuyers.
0 votes Thank Flag Link Thu Oct 10, 2013
Thanks. Just curious - what about equity? Do they lose value? Safety? Are they as safe as a traditional home in high winds or fire?
0 votes Thank Flag Link Wed Oct 9, 2013
Condition & location are a factor but Class C homes appreciate as well as other type homes and I am not aware of any safety concerns.
Flag Wed Oct 9, 2013
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