Archive for October 2022

One of the biggest obstacles for first time homebuyer is having enough cash for the down payment and closing costs. Manufactured homes only require 5% down payment, and since the purchase price is lower than other homes, that means less money required in the bank. For example a $200,000 manufactured home purchase price only requires…

Buyers ask, “Since this is not real property (no land) why do I pay property taxes?” According to the state of California a manufactured home (built after June of 1976) is real property and subject to county property tax laws. Homes build prior to June of 1976 are still classified as a mobile home/trailer and…