Just one word of warning: all houses go up in value, except for manufactured homes. They always lose value. For that very reason, many banks are reluctant to finance a loan on a manufactured home, and if you have to move and sell it, you may end up losing money.
If you're going to be there a while and the bank's agreed to finance no matter what, you haven't a thing to worry about. But this is just something to bear in mind.
And the land the home is on WILL go up in value during that time.
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Date: 2006-01-24 10:01 pm (UTC)If you're going to be there a while and the bank's agreed to finance no matter what, you haven't a thing to worry about. But this is just something to bear in mind.
And the land the home is on WILL go up in value during that time.
Log cabins are really great, though. ^ v ^