2007-01-06 18:35:08 · 4 answers · asked by shorty2002 2 in Business & Finance ➔ Renting & Real Estate
It could be but the downside to a manufactured home that they do not appreciate in value but actually lose value. If you can't afford a home, consider a condo or town home for a starter.
2007-01-06 18:44:15 · answer #1 · answered by curious ma 3 · 0⤊ 1⤋
Depends on your credit score and the cost of the house. Generally manufacturered homes cost less, so you would be able to get approved for one of them before you would a more expensive home.
2007-01-07 02:39:09 · answer #2 · answered by Mariposa 7 · 0⤊ 0⤋
no, they have 0 resale value, therefore loans are EXTREMELY hard to get for manufactured homes.
2007-01-07 02:43:06 · answer #3 · answered by Anonymous · 0⤊ 1⤋
Your third answer says it all.
2007-01-07 03:02:30 · answer #4 · answered by HairyBack 2 · 0⤊ 1⤋