The difference between a double wide and a manufactured home is that the manufactured home is put on a foundation.
The one for the custom built home may be larger, apart from size they are basically the same.
The most common way of financing a manufactured home is through a retail installment contract. This is different for a home loan for a regular loan because this is usually done through a regular mortgage from the bank.
Yes there are a few difference's. Manufactured homes ( by code) require a furnace designed for manufactured homes. There are a couple of regular furnaces that are rated for "manufactured home use". This all has to do with combustion air taken from home. This answer is a little generic but I hope it helps.
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home minister and finance minister are same there is no any difference between them.....
Difference between h03 and h05 home owners insurance?
It depends on where your home is.
It might. Some "manufactured homes" are "double wides," but it's also possible to make them in such a way that if you didn't know in advance how it was constructed you might think it was built in place like a "normal" house.
If a borrower defaults on loan payments for a manufactured home in Michigan, the creditor can take the manufactured home. If the manufactured home is real property the repossession and foreclosure is on the manufactured home alone. If the home is being used for residential purposes, the home is repossessed according to personal property laws.
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You may be responsible for the difference in what you owe on the home and what the bank is able to sell it for. You are not still responsible for the payments.