Mobile And Manufactured Home Loans And Financing For Seniors

I am a Professional Housing Consultant (P.H.C.) certified by the Manufactured Housing Association and have spent many years in the manufactured home industry as a sales representative /sales manager for retail sales centers. Because of my vast experience, I would like to share some financing tips with seniors like myself. Let me begin by going … Continue reading “Mobile And Manufactured Home Loans And Financing For Seniors”

I am a Professional Housing Consultant (P.H.C.) certified by the Manufactured Housing Association and have spent many years in the manufactured home industry as a sales representative /sales manager for retail sales centers. Because of my vast experience, I would like to share some financing tips with seniors like myself. Let me begin by going back about ten or fifteen years ago. The
manufactured home industry was booming. There were many finance companies available all of which were competing for your business. They would finance almost anyone at a high interest rate and with little or no down payment. The retailers would take almost anything and show it as a down payment and highly inflate the value. As a result this category of customer would have no investment in their home. To make matters even worse the communities were offering free lot rent for one year or more.

Most of us in the industry knew what was going to happen. However, no one knew when
it would happen. It eventually came to pass in the ’90’s…….a large majority of these owners simply walked away and let their homes be repossessed by the finance companies

As a net result of all these repossessions most of the finance companies either went bankrupt or stopped lending to any mobile or manufactured home owner. Many retailers also went out of business. I happened to work for the largest manufactured home retailer and manufacturer in the world at that time. They also had to file bankruptcy and ended up going out of business.

Now let’s talk about the good part of the industry, seniors like you and me!

Many of us secured our home investment by either paying cash or putting down a substantial down payment with the result being that most of us are enjoying our investment and our
lifestyles today.

However, those unexpected bills or rising costs keep coming in. There are a number of seniors that have had to leave their comfortable homes and go live with their children.
Many have had to give up the activities they like to do. Some have lost a spouse and some income.

Let me explain how I handled my situation as unexpected bills came in.


I located a finance company that wanted my business.

This information is available at my websites listed at the bottom of this article.


I borrowed fifty thousand dollars on my home with payments amortized over thirty years with interest only payments for the first seven years.


I paid off all my bills which amounted to about eight thousand dollars.


I opened an interest bearing savings account, depositing five thousand dollars. This cash would be readily available for any emergency that arose.


I put thirty-seven thousand into a high yield certificate of deposit.

Now, for more good news………

The finance companies, by law, cannot age discriminate just because you are a senior.

I will be one hundred two years old when my mortgage ends.

My out pocket expense is
no higher now than it was before I refinanced.

You may go to any of my websites while still on line to see if financing or refinancing is right for you. This will direct you to the companies I recommend. There also is an excellent insurance contact on the site. I received three quotes from them and put my car and home owners insurance with the same company and therefore saved a substantial amount of dollars on the home insurance.

These websites contain all the information you will need to make a wise decision.

Free Finance or Refinance

Free loan or insurance Quote []

Unemployed? Try Working From Home

I’ve been reading and watching the news and doing my usual research. Like most Americans I’m concerned about this prolonged unemployment issue. Everywhere I go I hear people talking about how they wish that they had a job. I can relate. I was affected by this too but found a way out. I ran across an article on the Huffington Post about unemployment in the African-American community. Quite naturally with me being an African-American I was disturbed by the statistics that were mentioned in the article, yet amazed at how hesitant people are to even call me back when I enlighten them about the possibility of working from home. Just about everyone is enthusiastic at first but never follows through. Wake up people! I’ve worked for a few different companies and have been offered employment by quite a few and I can tell you with great certainty that if you look and venture out a little you can find a job in this industry.

One thing that saddens me within my community is that it seems most of the African-Americans I talk to are only window-dressing when it comes to finding a job. If you are really that broke how can you be so picky about working from home? I hear people say “that’s not enough money.” That amazes me considering that the starting wage is usually close to what they have traditionally made. What really gets me is the young adults of today. If you don’t have a ton of experience, here’s a chance to gain some.

If I come off as frustrated I won’t apologize because I really am. I’ve seen too few African-Americans involved in this industry. I’ve had jobs in which there were 25 people in training, and I’ve been the only African-American in the bunch. It isn’t a matter of being qualified; it’s a matter of initiative. People (African-American and every other ethnicity) look at working from home like it’s some sort of myth. It’s not Bigfoot; it really does exist!

In this economic climate, if you can’t flourish then sit back and come up with Plan B. If you’re not having much success with the traditional job market, then the work-at-home industry should be your Plan B. Consider a work-at-home position until you get the traditional job you really want. There are hundreds of companies seeking qualified people. Heck, some companies just need bodies to take calls. Remember: survival isn’t about being comfortable and cushy. You do what is necessary to keep the bills paid. If you can’t flourish then survival should definitely be a high priority. Give the work at home industry a shot.

Here are three ways you can break into the work at home industry:

1. Recognize that it is a viable industry. Many people still believe that working from home means you don’t have a real job. As someone who has worked in this industry for numerous years, I can tell you that you get a paycheck twice a month like with most traditional jobs. A work-from-home customer service or appointment setting job will start you at about $10/hour. While this doesn’t sound like a lot, remember that you’ll be able to save because there’s no need to pay for transportation, business casual clothes or lunch.

2. Join job sites that specialize in placing at-home workers. Work at Home Mafia and Home Job Stop are two companies that post new jobs daily. Some of these sites require a monthly fee, but most will let you see a limited number of jobs for free.

3. Be persistent. Overkill is a good thing when trying to find a job in this industry. Apply to as many jobs as you can to ensure a call back. If you apply to 10 different jobs, 3 to 4 will not call you, 1 to 2 will call you weeks later and the rest will call you back immediately. Your traditional resume will be good enough as long as it highlights your experience working with other people and delivering excellent service to clients and customers.

Modular Home Industry Leading in Construction Innovations

Modular homes are becoming more standardized in their over all construction making them more appealing to potential buyers. This standardization, that makes retrofit and repair constructions for the home owner easier and more convenient have made modular homes look even better when it comes time to construct a new home.

With materials for remodeling and repair easily available, those DIY projects are easier to handle. In the early days of modular home construction, many manufacturers used fit and finish materials that didn’t match mainstream construction, materials. They often used materials that were especially designed for fast and machine or special tool construction. Now more and more, because of new innovations in building materials in general, modular home manufacturers are using the same types of tool, equipment and materials that are used in finish for conventional construction methods. None the less, being able to use common materials and supplies has added one more facet to the booming market for modularly constructed homes.

The two very different methods of construction have actually closed the gap between themselves in that with the development of new tools and equipment that first started out only being used in modular home construction facilities, many of the methods of construction once only used in modular construction are now being used in both industries.

Contractors like the idea of the quicker methods of framing used in modular factories. Many of the new tools and fastener systems that were developed for factory constructed homes are now common items found at conventional home construction sites.

Many years ago, as new fasteners and finish materials started to emerge into the modular construction industry, they often didn’t meet the standards set down for conventional construction methods. Not to say there was any thing wrong with how modular homes were constructed; it was more an issue of how the construction process was handled and what types of materials and fasteners needed to be used under varying construction methods. Inside factory setting vs. outside exposed to the elements conventional construction.

As time progressed and the modular construction industry enhanced, improved and developed new materials, equipment, fasteners and methods, the gap between the standards closed. Today, many types of fast, yet durable methods of construction that were once only used in modular construction are not regularly used in conventional construction.

What was once done only with hammer and nails is now done with nail guns and glue. Nail gun and brad nailers were once exclusively used in the modular home construction industry. But as the types of equipment and strength of fasteners improved, they became increasingly popular in the conventional construction trade as well. The increase in speed and durability added greatly to the effectiveness of conventional construction.

Not only were faster durable framing techniques born from the modular housing industry, but also many other aspects of home construction as well. From drywall, electrical and plumbing all the way through to the fit and finish of cabinetry in some manner or fashion today employ methods that were first proven in the modular home construction industry.

So today, with the gap between the two methods, material and construction wise ever closing and the gap in costs still significant, modular homes are becoming a better choice for many homes buyers, with good reason

New methods and techniques are always on the horizon and the modular home industry, being in the forefront , always looking for ways to improve, will certainly bring to light new ideas and innovations that will only make modular homes even more durable, affordable and appealing to home buyers