Asked by Neil, Beaverton, OR • Sat Aug 28, 2010
In 2003 I had to move to Phoenix AZ due to a job transfer. In a year or so I want to move back to the Portland OR area. I have seen listings where the property type is "Manufactured Home on Real Property." I have heard about the following negatives or risks associated with manufactured homes: depreciation, considered personal property, conventional financing unavailable, interest rates higher.
Do these risks apply to both "Manufactured Home on Real Property" and "Manufactured Home in Park" property types?
The In-Park types don't appeal to me. I've seen some Real-Property types that look like they would be a place I'd enjoy living in. Some are double-wides that look like mobile homes. Others look like conventional homes.
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