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Friday, 28 May 2010 21:12 |
Today's buyer of a new or existing manufactured home may choose from a wide array of financing options. Some financial institutions offer a virtual menu of lending programs. The house can be financed as personal property, on leased land, in a manufactured home community or on a privately owned site. Buyers who desire to acquire land in conjunction with the manufactured home can finance the land and home together. When properly financed, the purchase of a manufactured home will build equity of the homeowner.
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