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	<title>Comments on: Bailout Bill</title>
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	<description>Exploring the Finances of the Unbanked</description>
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		<title>By: David Oxhandler</title>
		<link>http://banktalk.org/2008/10/13/bailout-bill/comment-page-1/#comment-83</link>
		<dc:creator>David Oxhandler</dc:creator>
		<pubDate>Tue, 14 Oct 2008 14:24:34 +0000</pubDate>
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		<description>Mobile home parks are still the best investment on earth.  With mortgage rates dipping below six percent the cost of all residential loans will go down including mobile homes in parks.  The current market should be a gold mine for sharp Park owners.  With e cost of homes out of the reach of many Americans a home in a park is an excellent alternative and park owners that are not promoting this are really missing the best opportunity in history to fill their vacant spaces.  See the article Social fabric of mobile home park living has new threads at http://www.mercurynews.com/ci_10679047?source=rss

There are any number of reasons that a home in a park would be favored over one on private property today.  There is a great article by Chrissy Jackson.  &quot;Private Property or a Land-Lease Community?&quot; that cam be found online at   http://mhweekly.com/stories.php?nid=5014  that should give park owners most of the ammunition they need.

Price is perhaps the greatest point in favor of a home in a park.  Many well located, comfortable and secure location older homes in excellent condition can be purchased for about what the average home buyer would have to  put down for a new home and land.

Any park owner that is not making it at this time should consider selling.  At this time there are more buyers than sellers for mobile home parks, making it one of the few seller markets in real-estate.   Take a look at  www.mobilehomeparkstore.com  where they are selling dozens of parks a month.

Mobile home parks have remained one of the most stable and predictable of real estate asset classes. The loan failure rate is nearly zero....Also, affordable housing is as much in demand today (or maybe more) than it was twenty years ago. And there are virtually no new mobile home parks built in the U.S. each year, so the supply side never increases. In fact, in some areas, such as Florida, the number of parks sold and converted to a higher use is alarmingly high. So, in effect, the number of parks in the U.S. is shrinking, not growing. More at  http://mfdhousing.com/portal/stories.php3?nid=6711</description>
		<content:encoded><![CDATA[<p>Mobile home parks are still the best investment on earth.  With mortgage rates dipping below six percent the cost of all residential loans will go down including mobile homes in parks.  The current market should be a gold mine for sharp Park owners.  With e cost of homes out of the reach of many Americans a home in a park is an excellent alternative and park owners that are not promoting this are really missing the best opportunity in history to fill their vacant spaces.  See the article Social fabric of mobile home park living has new threads at <a href="http://www.mercurynews.com/ci_10679047?source=rss" rel="nofollow">http://www.mercurynews.com/ci_10679047?source=rss</a></p>
<p>There are any number of reasons that a home in a park would be favored over one on private property today.  There is a great article by Chrissy Jackson.  &#8220;Private Property or a Land-Lease Community?&#8221; that cam be found online at   <a href="http://mhweekly.com/stories.php?nid=5014" rel="nofollow">http://mhweekly.com/stories.php?nid=5014</a>  that should give park owners most of the ammunition they need.</p>
<p>Price is perhaps the greatest point in favor of a home in a park.  Many well located, comfortable and secure location older homes in excellent condition can be purchased for about what the average home buyer would have to  put down for a new home and land.</p>
<p>Any park owner that is not making it at this time should consider selling.  At this time there are more buyers than sellers for mobile home parks, making it one of the few seller markets in real-estate.   Take a look at  <a href="http://www.mobilehomeparkstore.com" rel="nofollow">http://www.mobilehomeparkstore.com</a>  where they are selling dozens of parks a month.</p>
<p>Mobile home parks have remained one of the most stable and predictable of real estate asset classes. The loan failure rate is nearly zero&#8230;.Also, affordable housing is as much in demand today (or maybe more) than it was twenty years ago. And there are virtually no new mobile home parks built in the U.S. each year, so the supply side never increases. In fact, in some areas, such as Florida, the number of parks sold and converted to a higher use is alarmingly high. So, in effect, the number of parks in the U.S. is shrinking, not growing. More at  <a href="http://mfdhousing.com/portal/stories.php3?nid=6711" rel="nofollow">http://mfdhousing.com/portal/stories.php3?nid=6711</a></p>
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		<title>By: Bailout &#187; Blog Archive &#187; Bailout Bill</title>
		<link>http://banktalk.org/2008/10/13/bailout-bill/comment-page-1/#comment-84</link>
		<dc:creator>Bailout &#187; Blog Archive &#187; Bailout Bill</dc:creator>
		<pubDate>Tue, 14 Oct 2008 03:59:34 +0000</pubDate>
		<guid isPermaLink="false">http://thisismyhomebook.wordpress.com/?p=322#comment-84</guid>
		<description>[...] &#8230; government (federal) spends on all of its discretionary programs — housing, nutrition, education, et al (not defense, social security, medicare, interest payments). Posted in Manufactured Housing in the News Tagged: Wall Street Bailout .[Continue Reading] [...]</description>
		<content:encoded><![CDATA[<p>[...] &#8230; government (federal) spends on all of its discretionary programs — housing, nutrition, education, et al (not defense, social security, medicare, interest payments). Posted in Manufactured Housing in the News Tagged: Wall Street Bailout .[Continue Reading] [...]</p>
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