#manufactured

Manufactured home as a temporary situation?

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Manufactured home as a temporary situation? Unless there’s a huge market crash soon my prospects of owning a SFH are dire. Me and my wife make $90k but live in a relatively high COL area. A turn key movie in ready house is upwards of $400k even in less desirable neighborhoods. In nice neighborhoods like $600k or more. Manufactured homes are looking appealing. I realize paying lot rent is…

Reddit Personal Finance 1.3k 2023-11-30

Am I missing something about buying a manufactured home?

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Am I missing something about buying a manufactured home? Basically, my partner and I will come into a sum of money soon. Enough to buy a small manufactured home (made after 1976) up front. So after an inspection to make sure its in good condition, and once it is paid for (all at once, no monthly payments) is that… it? Is there nothing left to do but pay the utilities, insurance and property tax? We’…

Reddit Personal Finance 553 2023-11-11