Category: Residential Real Estate
Mobile Home Tax Primer
Are interest payments on (mobile) manufactured homes tax deductable? What about sales or property taxes? Like most things – the answer is – it depends. The following information is educational but subject to change and is certainly incomplete. Consider this as a starting point for discussions with a tax professional. State and Federal tax laws…
FHA? For Mobile Homes?
FHA Programs for Mobile/Manufactured Homes in California Yes, there are FHA programs available for purchasing mobile homes in California. The Federal Housing Administration (FHA) offers two primary programs: 1. California Home Loans – eLEND www.elend.com FHA Title I Loan Program FHA Title II Loan Program Looking for Down Payment Assistance Programs in California? California…
The NAR Settlement: A Seismic Shift in Real Estate
Background The recent settlement agreement reached by the National Association of Realtors (NAR) has sent shockwaves through the real estate industry. This landmark deal, which aims to address allegations of anti-competitive practices related to buyer agent commissions, is poised to dramatically reshape the landscape for everyone involved. In a Nutshell The Impact on Listing Agents…
Manufactured Homes Explained
Buying Mobile/Manufactured Homes Understanding the Buying Options Purchasing a mobile or manufactured home in a rented space within a mobile home park presents unique challenges compared to traditional homeownership. Here’s a breakdown of the key differences in mortgage programs and taxes: Mortgage Programs Taxes Additional Considerations California Manufactured Homes (FAQs) The Board of Equalization maintains…
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