2007-01-29 10:27:54 · 3 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
The phrase "own your own" is often used in manufactured home parks. What they mean to indicate is that rather than paying rent monthly to the owner of the park, you "own your own" land under your MH. They are more common in some parts of the country than others. The sales prices of the MH in said parks reflects the fact that you get land when you buy.
But generally speaking "own your own" can mean cooperative condos that own their own land. There are several ways to use the term own your own.
Best of luck
2007-01-29 10:54:07 · answer #1 · answered by Anonymous · 0⤊ 1⤋
own your own propert is when you buy land from someone or the bank and you dont pay an amount to them every month. own is where you paid for it in full or payments.
2007-01-29 10:32:04 · answer #2 · answered by italian goddess 2 · 1⤊ 0⤋
do you rent or pay a mortgage payment? That's the difference.
2007-01-29 10:41:21 · answer #3 · answered by Mary G 6 · 0⤊ 1⤋