| Affixed to a permanent foundation (crawl space, basement
or pilings) |
Yes |
|
Sometimes |
Maybe, but steel chassis must remain attached |
| Title held as |
Deeded Real Estate |
|
Deeded Real Estate |
Titled like an RV by the Dept of Motor Vehicles |
| Conforms to state, local and regional codes. |
Yes |
|
Yes |
No, built to Federal Pre-Emptive "HUD" Standard |
| Financing |
Conventional Mortgage |
|
Conventional Mortgage |
Many "creative" financing schemes |
| Appraisal |
Compared to other site built and modular homes |
|
Compared to other On-Frame Modular and Manufactured
homes |
Compared to On-Frame Modular and other Manufactured
homes |
| May be set on blocks tied down with metal straps. |
No |
|
Yes |
Yes |
| Non-removable Steel Chassis |
No |
|
Typical |
Steel Chassis is required to remain in place |
| Also known as Mobile Home, Double Wide, Trailer, etc |
No |
No |
Sometimes |
Yes |