Re: buying a new manufactured home?
Jodi - trailers are considered personal property (like cars) unless you take very specific steps. One is removing the tongue, then you need to attach it to a foundation and the final (and a very important step) is you need to surrender the title. Until you surrender the title, it is considered like a car (surrendering the title doesnt' mean you give up rights to it, though).
The mortgage company I worked for learned the hard way about that. And did you know you can still move a trailer even when it's on a foundation and the tongue has been removed. Happened several times.
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