Loans

Borrowing Money From a Friend or Family Member? Write a Contract

Borrowing money from a close friend or family member has its advantages, but it comes with some downsides, too. If the borrower takes too long to repay what they owe, or if they never repay at all, it could put a serious strain on the relationship. It could also cause the original “lender” financial stress […]

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Modular vs. Manufactured Homes: What’s the Difference?

Most Americans don’t understand the differences between modular homes, manufactured homes, and mobile homes. According to manufacturedhousing.org, the manufactured housing industry produced 105,772 new homes in 2021, and there are nearly seven million manufactured homes in the United States, according to the U.S. Census Bureau. Approximately 9% were new single-family homes. They’re Both Considered Prefab

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Mobile Home vs. Manufactured Home: What’s the Difference?

With rising real estate pricing and many consumers squeezed out of the traditional site-built marketplace, many are turning to mobile or manufactured homes as starter homes. Many consumers are pleasantly surprised by the range of choices and customizations offered by a new generation of manufactured homes. According to manufacturedhousing.org, the manufactured housing industry produced 105,772

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