Showing posts with label Path to Successful Homeownership. Show all posts
Showing posts with label Path to Successful Homeownership. Show all posts

Tuesday, March 6, 2012

Manufactured Housing in Minnesota

New Fact Sheet Available!


Used Under Creative Commons License
Foto by Archerland2005
Manufactured homes (often called mobile homes) are built entirely in a factory and have a permanent structure that allows for them to be transported. The homes are usually placed on land owned by the homeowner or leased at a mobile home park.  Mobile home design and aesthetics have changed dramatically in the past few years and most no longer resemble the ‘trailer’ look of years past.  They can be an affordable housing option for Minnesotans, but there are some VERY important considerations to make before you decide to purchase a manufactured home.


For that reason, the Minnesota Homeownership Center has created a new Fact Sheet that covers:

  •  Advantages and Disadvantages to purchasing a manufactured home
  •  Living in a resident-owned or cooperative mobile home park
  •  Financing the purchase of a manufactured home
  •  Steps to take when purchasing



To view the complete fact sheet… and others that can help you in your goal of homeownership, visit the Center’s website, here.


As always the Center highly recommends that if you’re thinking of purchasing your first home in Minnesota, whether manufactured housing or traditional site-built housing, that you first make an appointment with a Homeownership Advisor (Housing Counselor) who will be able to work with you to create a plan to reach your goal of homeownership.  They’ll also help you understand your rights and responsibilities as a homeowner and make sure that you know about any down payment or entry-cost assistance programs you might be able to access.


The Minnesota Homeownership Center exists to promote and advance successful homeownership in Minnesota… speak with a Homeownership Advisor today so that YOU can be successful in the purchase of your first home.  Counseling services are FREE and confidential.



Wednesday, April 20, 2011

Successful homeownership - There is a path

Even though it might still be snowing, it really is spring in Minnesota and the only thing that appears faster than our potholes is the number of "For Sale" signs that pop up in front of homes across the state.

Thanks to our prolonged foreclosure issues... both prices and interest rates are low.  Homeownership is more affordable now that at any other time in recent memory, and many people are thinking about becoming homeowners.  Venturing into the world of home ownership can be VERY exciting! However, it can also bring some unwelcome surprises if you're not fully prepared.

Now, the Minnesota Home Ownership Center has prepared a new online tool that helps outline the path to successful homeownership.

Give it a try here, and let us know what you think in the comments!

If you're thinking about buying your first home in Minnesota... make sure you're on the right path - the path to successful home ownership.  There is tons of helpful information on the Center's website about buying your first home including information about affordable mortgages, down payment assistance and finding someone to help you through the process.  For more information, visit our website, here.

If you're not sure what YOUR path to successful homeownership should be... or would like to speak to a FREE non-profit Housing Advisor (Housing Counselor) about YOUR next steps... visit the Center's website to connect with the agency closest to you that offers these services.