Whats more, the firms US economist, Paul Dales, writes in a separate report that prices will continue to fall, but that this will probably not trigger another economic downturn. Dales also notes that prices on a national level increased on average 3-6% in 2009. But that trend will likely end, with prices falling another 5%, unless the government extends the homebuyer tax credit. Read Full Story

Post and Read Comments about US House Prices are Undervalued Globally

Manufactured Housing Book Store Books Buying Guides Installation and Repair MH and Park Investing Selling Homes E-Books Buying Guides Installation and Repair MH and Park Investing Selling Homes Home Study Seminars Installation and Repair MH and Park Investing Newsletters Management Issues Research Reports Market Reports Sales Motivation Tapes Audio Video Seminars Mobile Home Wealth Services Forclouser Listings Software Calculators MH and Park Investing Site Preparation & Home Installation 5 Part Video Series with George Porter The Grissim Guide to Manufactured Homes and Land by John Grissim Rating Every Manufactured Home Builder in the U.S. The Manual for Mobile Home Repair & Upgrade The Secrets of Manufactured Home Financing INSTANT DOWNLOAD   ]]> Wed 03/10/10 09:56:28 am COMMENTARY HOUSINGWIRE ATTENTION CLIENTS AND INDUSTRY PROFESSIONALS! We are pleased to announce that for the fifth consecutive year, manufactured home community RENT SURVEYS are AVAILABLE NOW for the following NEW YORK markets: Buffalo-Niagara Falls - $189 Long Island - $139 Rochester - $199 The March 2010 surveys include detailed information about investment grade communities including:        # of homesites occupancy %           amenities rents               services included in rents                recent rent increase amount AND...........the number of REPOSSESSED HOMES PLUS.........various management reports ranking communities by:               Number of Homesites          Occupancy  and                             Highest to Lowest Rents. To show trends in each market, we include a report that compares March 2010 rents and occupancy to March 2009! Use the reports to learn more about these markets!! ACT NOW!  Ordering is easy. Email order to JohnTurzer@aol.com and we will email you the report(s) Fax order to us at 808-442-9950. We can email or mail the report(s). Call us at 808-283-3380. OR Visit our website www.JLT-Associates.com and use a major credit card to download reports "24/7/365" from our secure site!!!!! Still not sure?? Visit our website and download a free "live" report! JLT & Associates.....the leading provider of timely and accurate information on investment grade manufactured home communities. Our management report oriented rent survey reports cover 71 markets nationwide including:        Albuquerque           Atlanta         Charlotte      Kansas City        Phoenix                 Minneapolis/St. Paul         Las Vegas        Salt Lake City       Raleigh        Tucson         Seattle  and major counties in Colorado, Florida, Texas, Indiana, Michigan, New York, Ohio and Oregon. We appreciate your continued support of our reports and services.  As always, please feel free to call us at 808-283-3380 with any questions. Sincerely, John M. Turzer President Post and Read Comments about New York State MHCommunities Rent Surveys Have Been Updated! How To Get An FHA Guaranteed Loan For Acquisition and Rehabilitation or Development of a MH Community  by Edward Hicks This new edition consists of 107 pages and includes all information necessary for making an application (with a qualified mortgagee) to HUD multi-family staff for FHA 207m m/h land lease community loans or FHA 221(d)4 apartment loans using HUD code home units. Contains FHA regulations, and forms needed for an application. Also includes construction cost estimator which is organized for major cities, by lot sizes. Includes forms, base costs, high cost percentages for many areas of the US, MAP regulations, plus charts, graphs, & forms. Print Book $39.95 YOU WILL SAVE $16.00 WITH THE E-BOOK and can be reading it in just a few minuets E-Book only $29.95 Download Now ]]> Mon 03/08/10 07:38:30 pm NEWS JLT and Associates Manufactured Housing Units produced across the United States in January, 2010. Here is the breakdown by each states Shipments & Production as compiled by The Institute for Building Technology & Safety... ... Manufactured Housing Shipment and Production Summary January 2010 (*) THESE STATES HAVE FEWER THAN THREE PLANTS. FIGURES ARE AGGREGATED ON FIRST LINE ABOVE TOTALS TO PROTECT PROPRIETARY INFORMATION Post and Read Comments about Manufactured Housing Shipments & Production January 2010 Manufactured Housing Book Store Books Buying Guides Installation and Repair MH and Park Investing Selling Homes E-Books Buying Guides Installation and Repair MH and Park Investing Selling Homes Home Study Seminars Installation and Repair MH and Park Investing Newsletters Management Issues Research Reports Market Reports Sales Motivation Tapes Audio Video Seminars Mobile Home Wealth Services Forclouser Listings Software Calculators MH and Park Investing Site Preparation & Home Installation 5 Part Video Series with George Porter The Grissim Guide to Manufactured Homes and Land by John Grissim Rating Every Manufactured Home Builder in the U.S. The Manual for Mobile Home Repair & Upgrade The Secrets of Manufactured Home Financing INSTANT DOWNLOAD   ]]> Wed 03/03/10 11:38:26 pm NEWS Institute for Building Technology & Safety "Clayton will operate profitably in coming years, though well below its potential". February 28, 2010 - Warren Buffett's annual letter to Berkshire's shareholders was released this morning. Here is a reprint of the section where he talks about manufactured housing: Finance and Financial Products Our largest operation in this sector is Clayton Homes, the country´s leading producer of modular and manufactured homes. Clayton was not always number one: A decade ago the three leading manufacturers were Fleetwood, Champion and Oakwood, which together accounted for 44% of the output of the industry. All hae since gone bankrupt. Total industry output, meanwhile, has fallen from 382,000 units in 1999 to 60,000 units in 2009. The industry is in shambles for two reasons, the first of which must be lived with if the U.S. economy is to recover. This reason concerns U.S. housing starts (including apartment units). In 2009, starts were 554,000, by far the lowest number in the 50 years for which we have data. Paradoxically, this is good news. People thought it was good news a few years back when housing starts the supply side of the picture were running about two million annually. But household formations the demand side only amounted to about 1.2 million. After a few years of such imbalances, the country unsurprisingly ended up with far too many houses. There were three ways to cure this overhang: (1) blow up a lot of houses, a tactic similar to the destruction of autos that occurred with the “cash-for-clunkers” program; (2) speed up household formations by, say, encouraging teenagers to cohabitate, a program not likely to suffer from a lack of volunteers or; (3) reduce new housing starts to a number far below the rate of household formations. Our country has wisely selected the third option, which means that within a year or so residential housing problems should largely be behind us, the exceptions being only high-value houses and those in certain localities where overbuilding was particularly egregious. Prices will remain far below “bubble” levels, of course, but for every seller (or lender) hurt by this there will be a buyer who benefits. Indeed, many families that couldn´t afford to buy an appropriate home a few years ago now find it well within their means because the bubble burst. The second reason that manufactured housing is troubled is specific to the industry: the punitive differential in mortgage rates between factory-built homes and site-built homes. Before you read further, let me underscore the obvious: Berkshire has a dog in this fight, and you should therefore assess the commentary that follows with special care. That warning made, however, let me explain why the rate differential causes problems for both large numbers of lower-income Americans and Clayton. The residential mortgage market is shaped by government rules that are expressed by FHA, Freddie Mac and Fannie Mae. Their lending standards are all-powerful because the mortgages they insure can typically be securitized and turned into what, in effect, is an obligation of the U.S. government. Currently buyers of conventional site-built homes who qualify for these guarantees can obtain a 30-year loan at about 51/4%. In addition, these are mortgages that have recently been purchased in massive amounts by the Federal Reserve, an action that also helped to keep rates at bargain-basement levels. In contrast, very few factory-built homes qualify for agency-insured mortgages. Therefore, a meritorious buyer of a factory-built home must pay about 9% on his loan. For the all-cash buyer, Clayton´s homes offer terrific value. If the buyer needs mortgage financing, however and, of course, most buyers do the difference in financing costs too often negates the attractive price of a factory-built home. Last year I told you why our buyers generally people with low incomes performed so well as credit risks. Their attitude was all-important: They signed up to live in the home, not resell or refinance it. Consequently, our buyers usually took out loans with payments geared to their verified incomes (we weren´t making “liar´s loans”) and looked forward to the day they could burn their mortgage. If they lost their jobs, had health problems or got divorced, we could of course expect defaults. But they seldom walked away simply because house values had fallen. Even today, though job-loss troubles have grown, Clayton´s delinquencies and defaults remain reasonable and will not cause us significant problems. We have tried to qualify more of our customers´ loans for treatment similar to those available on the site-built product. So far we have had only token success. Many families with modest incomes but responsible habits have therefore had to forego home ownership simply because the financing differential attached to the factory-built product makes monthly payments too expensive. If qualifications aren´t broadened, so as to open low-cost financing to all who meet down-payment and income standards, the manufactured-home industry seems destined to struggle and dwindle. Even under these conditions, I believe Clayton will operate profitably in coming years, though well below its potential. We couldn´t have a better manager than CEO Kevin Clayton, who treats Berkshire´s interests as if they were his own. Our product is first-class, inexpensive and constantly being improved. Moreover, we will continue to use Berkshire´s credit to support Clayton´s mortgage program, convinced as we are of its soundness. Even so, Berkshire can´t borrow at a rate approaching that available to government agencies. This handicap will limit sales, hurting both Clayton and a multitude of worthy families who long for a low-cost home. In the following table, Clayton´s earnings are net of the company´s payment to Berkshire for the use of its credit. Offsetting this cost to Clayton is an identical amount of income credited to Berkshire´s finance operation and included in “Other Income.” The cost and income amount was $116 million in 2009 and $92 million in 2008. The table also illustrates how severely our furniture (CORT) and trailer (XTRA) leasing operations have been hit by the recession. Though their competitive positions remain as strong as ever, we have yet to see any bounce in these businesses. Read full Letter >> Post and Read Comments about Buffett's Shareholder Letter Evaluates Manufactured Housing Dealerships, communities and even finance offices  around the country are bringing in more prospects  and closing sales with buyers they could have never connected with before they discovered the incredible power of active internet prospecting. If your interested in a free week of the incoming prospect leads from your territory, just submit the  form below.   Get all the leads submitted from your territory, for a full week, at no cost and with no obligation.   See what a daily infusion of our fresh prospects, who are actively shopping for a manufactured home can do for your closing ratio.   Free Trial MH Shopper Leads Your Name Company Name Address City/Town State:   Zip:   Day Phone Your E.Mail FREE LISTINGS FOR BUSINESS PARTICIPANTS Search Listings by State: Click state on map   Search Listings | Browse Listings | New User Account | Add a Listing   ]]> Sun 02/28/10 12:23:37 am NEWS BERKSHIREHATHAWAY.COM http%3A%2F%2Fmfdhousing.com%2Fphorum5%2Fread.php%3F2%2C80057%2C80057%23msg-80250 Post and Read Comments about HELP !! I have a sales question ]]> Wed 02/24/10 12:07:25 pm COMMENTARY Ask The Manufactured Housing Expert http%3A%2F%2Fmfdhousing.com%2Fphorum5%2Fread.php%3F2%2C80224%2C80224 Wed 02/24/10 11:56:53 am MHWEEKLY Ask The Manufactured Housing Expert http%3A%2F%2Fmfdhousing.com%2Fphorum5%2Fread.php%3F3%2C80217%2C80217 Wed 02/24/10 11:48:57 am WEBLOGS First Time Home Buyers Forum http%3A%2F%2Fmfdhousing.com%2Fphorum5%2Fread.php%3F2%2C80231%2C80231 Wed 02/24/10 11:47:10 am WEBLOGS Ask The Manufactured Housing Expert http%3A%2F%2Fmfdhousing.com%2Fphorum5%2Fread.php%3F2%2C79625%2C80279%23msg-80268 Post and Read Comments about Wind Code ? (Continued) ]]> Wed 02/24/10 11:45:52 am COMMENTARY Ask The Manufactured Housing Expert http%3A%2F%2Fmfdhousing.com%2Fphorum5%2Fread.php%3F2%2C80266%2C80266 Wed 02/24/10 11:34:44 am WEBLOGS Ask The Manufactured Housing Expert If you have decided to sell your home, there are a number of things you are going to want to take into consideration. How much can you get for your home, are you going to have to fix things up, and how can you inform people of your home are just a few things to consider. However, something you will need to think about when selling real estate is whether or not to use a realtor. The downside to selling your home using a realtor is that you have to pay a commission to them. This can be quite costly based off of a 5 to 10 percent commission. However, by using a realtor it becomes hassle free as the realtor will do all of the hard work for you. In addition, they will provide a marketplace for your house so that hundreds of potential buyers can find your home. If you are looking to pocket that extra cash, you will have to do the grunt work. Just know that it can save you thousands of dollars in the long run though. So if this is the route you have chosen to take, your first step is pricing your home accordingly. You do not want to put an unrealistic price on your home just because you remodeled various things and added some accessories. You have to understand that your home is not worth more than the market value of comparable homes in your neighborhood. The next step to selling real estate is hiring an inspector to point out any problems in the house. Any potential buyer is going to do the same thing. Therefore, take proactive steps to determine what problems the home has so you can fix them before a potential buyer finds them. Taking care of small things like electrical wiring issues and fixing leaking faucets can be done immediately. In order to actually sell your home, you are going to have to use several different marketing methods. You can use paid web sites that allow you to list your house with pictures and details. Another option is classified ads in your local newspaper, Craigslist, or specialty publications for real estate buy and sell. Lastly, do not forget about word-of-mouth. You can spread the word quickly to friends, family and co-workers. Finally, when you are ready to close the deal make sure you use a title company. A title company will make sure that all legal entities get all of the legal papers of your house sale. In addition, a title company will make sure all of the legalities of selling real estate are accomplished. Once you have done this, you will have sold your home without the use of a Realtor. Peter Vekselman has been successfully investing in real estate since 1996. He has completed over 1000 real estate deals, owned a construction company, been a private lender, and owned a property management company. Peter currently works with clients all over the US helping them achieve riches in real estate www.CoachingByPeter.com. Selling Manufactured Homes During The Buyers Market - DON'T PANIC -Your Not Alone! - We are going through a time of national disenchantment with housing (sounds so much better than "housing bust"). Soooooo.... Don't feel like your alone. The local market here in central Florida was so hot for a few years that as soon as a sign went out on a lawn there were multiple prospects bidding more than the asking price. At this time it has gotten so quiet that it is scary. The subdivisi... http://mfdhousing.com/portal/stories.php3?nid=4603 Ask Eddie: Selling value or price? - Ed Hicks - I am finding my sales of new m/h homes now depend more on selling value than price. Is this a trend? Jane W., Columbus OH Yes. Modular/manufactured home sales now are almost completely focused on the home quality and not so much on price. As the m... Download Legal Forms for Your Sales, Rentals, Options & more.... - Use the forms professionals trust - Legal Forms drafted to comply with the real-estate and manufactured housing laws of your State are available here. Most forms are available for downloading in Word format. Free form descriptions, previews and law summaries are available. You may search or use the form list below. We recommend viewing the list below before searching. Over 36,000 legal documents are available. Dont trust generic fo... You Have to SELL a House to Get it Sold - William Bronchick - What amazes me is that most sellers don't sell their houses. They advertise houses, they list houses, but they don't SELL houses. In a good market you can rest on your laurels, but in a soft market you have to be willing to do something different. Stop whining about the slow market and start SELLING your houses!There's 5 tips for selling a house faster in a... Selling Manufactured Homes in a Hesitant Market - Staging Makes a Difference - People who are really into watching the various shows on the Home and Garden Network are probably familiar with the strategies for selling a house. Many top entrepreneurs will buy a house for as low as possible, make some adjustments, and then sell it for a profit; going for a sale before the first mortgage pay... Mobile Home Sales Revolution - It all about selling more homes... - Manufactured housing dealers are being offered a sure fire way to increase their sales volume. Many other sales businesses have discovered the power of targeted prospecting. Factory built sales operations across the country are participating in the free start up period of what promises to be the best home sales builder of 2008 ... http://mfdhousing.com/freeleads.php Post and Read Comments about Tips To Selling Real Estate Without A Realtor Sell Your Home OnLine Fast. MH Multiple Listing Service NOW IS THE TIME Ten Thousand Visits A Day! Considering the number of sales of manufactured homes that are being made thought internet promotions, the question is NOT should you put your homes for sale on line?, but which site is best for selling your homes?   The answer becomes obvious when you compare the possibilities.    The Manufactured Housing Global Network, with its flagship site WWW.MOBILEHOME.COM enjoys over 10 MILLION visitor hits every month.      WWW.MOBILEHOME.COM is the proven powerhouse for attracting web surfers specifically shopping for manufactured homes.  WWW.MOBILEHOME.COM is the world's MOST VISITED MANUFACTURED HOUSING WEB SITE.  We know that more traffic always creates more sales opportunities, BUT here is the real clincher.  HOMES LISTED ON THE MULTIPLE LISTING SERVICE ARE SELLING!!!  Thousands of shoppers are browsing daily, for the home of their choice.  Buyers are connecting with sellers.  Sellers are closing buyers who located them through their home listings at WWW.MOBILEHOME.COM/mls    FREE LISTINGS FOR INDUSTRY PARTICIPANTS We are offering dealers, builders and finance companies the opportunity to list as many homes as they like at ABSOLUTELY NO COST, for as long as it takes to sell.  For a investment of only the time to it takes to submit your listings you can share our incredible traffic flow. Its not only free its also easy to put your homes on line. Just fill out the form you will find below and we will return e-mail telling you how to get past the credit card pay portion of the listings form.     Retailers and private sellers across the country are closing home sales through their listings on the Manufactured Housing Multiple Listing Service. Here are some of their comments: EXCELLENT! I Sold A Home ... Good response               Tim Stoerkel, A2Z Homes, Dublin OH I can not believe the immediate jump in interest in the mobile home we have on the market. Literally, the very first day posted on your site, we began receiving inquiries. Thanks!               Gary Ashe, Golden State Mobile Homes, West Hills, CA I Sold A Home To an MLS Contact               Dan Sheets, Palm Harbor Homes, Chandler AZ I wish to Thank You and everyone at MOBILEHOME.COM for your great work. Thanks to All of You, Mom and Dad's mobile home has just closed escrow... EVERYONE told us that it would be IMPOSSIBLE to sell their home and for them to be able to move into the retirement center. Well, impossible unless you have a secret weapon up your sleeve. You see, upon being asked how the new owners came upon the listing, they answered: "We found it on the Net at MOBILEHOME.COM". I hope All of You realize the important service you are providing; business is one thing; truly helping people to be able to move on to their next phase in Life, is another. And so, I am happy and sad to ask you to please pull down our webpage...We all accomplished our mission...               Gary, FOR SALE BY OWNER SELLER, Lakeland FL Homes On The Multiple Listing Service Are Selling!!!  MH Business Participants FREE LISTING REQUEST Industry Participants Only Please LIST MULTIPLE HOMES FOR SALE Your Name Company Name Address City/Town State: Zip: Day Phone Your E.Mail For Sale By Owner Ads For Sale By Owner are only $39.95. LIST YOUR HOME NOW! The one time fee puts your home on the worlds most visited Manufactured housing web site until it is sold. To list your home FOR SALE BY OWNER Click Here and set up your user account. Its Easy and takes less than five minuets.   Search Listings: Click state on map ]]> Wed 02/24/10 11:27:02 am COMMENTARY by Peter Vekselman Here Are The Top 5 Insider Secrets For Credit Repair. 1. Myth: To get an inaccurate item corrected, you have to personally dispute it with the credit bureaus and allow them 30 days to verify the accuracy of the information before they will correct or remove the item. While this is certainly the lease expensive method (it's free if you do it online), it is also the most frustrating and time intensive. If you are looking to make a major purchase of a home or a car, or refinance them, there is a better way. Mortgage lenders and car dealerships have direct access to the credit bureaus through their credit report provider. Credit reports can be updated in as little as two hours utilizing a little known vehicle called a "Rapid Re-Score". This service costs $25 per trade line per credit bureau. So, if an item is reporting incorrectly on all three bureaus, it will cost $75 to correct that account. All that is required is documentation from the lender with a contact name and number indicating the correct information. Upon submission, the information is verified, the credit report is updated and a new credit score is generated. Standard turn times run 48-96 hours but as previously indicated, it can happen in as little as two hours. 2. Myth: If I pay my credit cards off every month my credit report will show the cards with a zero balance and my credit score will be as high as it can be. If you utilize credit cards every month and pay them off on your due date, your credit report will NEVER show a zero balance on these cards and your score will be negatively affected due to the ratio of utilization versus credit limit. Why is this? Because the credit card companies report balances owed on the date they generate your monthly statement. So, to "beat the system" you have to change the date you make your monthly payment to precede the statement date. In other words, if your statement is generated on the 15th of the month and your due date is the 25th of the month, every month you will need to go online around the 12th, get your balance and pay it to allow for time to process and register with the credit card company's internal accounting system. Then, on the 15th when your statement is generated, your statement will show that you owe nothing and the credit card company will report your account with a zero balance owed. 3. Myth: You cannot get legitimate derogatory items removed. There are a variety of ways to get legitimate derogatory items removed ranging from negotiating with the lender to simply disputing the item every month until they get tired of wasting the time and resources to verify it and remove it. 4. Myth: If you have bad credit a bank won't give you a loan. To rebuild credit, you can go to a bank and buy a Certificate of Deposit (CD). The bank will then allow you to borrow against the CD and make monthly payments. For example, you buy a $2500 CD. You then simultaneously get a loan from the bank with the CD as collateral for $2500. Your out of pocket is zero, but now you have a legitimate bank loan that will report to the credit bureaus. The obvious negative here is that you will pay interest on the loan that is higher than the return on the CD, but when your credit is in need of restoration and rebuilding, you have to "buy" it back. 5. Myth: Closing credit card accounts will help my credit score. The credit bureaus actually run a ratio of utilization to maximum limit of revolving accounts (credit cards) and this percentage is utilized as a component of your credit score. Always leave credit card accounts open even if you don't use them. Closing them lowers your available credit and negatively impacts your credit score. Vincent Polisi is President of The Wealth Consortium & Finance The Dream. Visit his web sites www.thewealthconsortium.com   and   www.financethedream.com   or contact him by e-mail at vincent@thewealthconsortium.com  or by phone at 404-474-1878 Post and Read Comments about Top 5 Myths About Credit Repair One Stop Manufactured Home Loan Shopping It is easier to shop here for a manufactured home loan then anyplace else in the world! We do all the leg work. Submit the fast, easy form below , select your loan preferences and we will forward your request for loan information to several participating manufactured housing finance offices. You elect to get your information by e-mail, snail mail, fax, or you can request that a representative of each finance company phone you to explain their programs and application process. Cost:free Submit form below: [ Become an Affiliate Finance Company Here ] One Stop MH Loan Shopping E-Mail Address: Full Name: Street Address: City State Zip Select AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY Home Phone: Work Phone: Best Time Call: 1. I am interested in:(check one) Purchasing a Home Purchasing a Home and Land Refinancing Exisiting Loan(s) 2. The Home is used for:(check one) Primary Residence Vacation Home Investment Property or "Buy For" 3. The Home is a:(check one) Singlewide Doublewide Site Built Home 4. The Home is/will be on: Owned Land Rented Land 5. Year Home was Built: Select One pre-1970 1970 1971 1973 1974 1975 1976 1977 1978 1979 1980 1981 1983 1984 1985 1986 1987 1988 1989 1990 1991 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 unknown 6. My Credit Standing: Never had credit problems No credit problems for past 2 years No credit problems for one full year Minor Credit Problems Major Credit Problems 7. Contact me by: Select One E-Mail Fax Snail Mail Phone Me 8. Comments, concerns, or special requests:   Bringing information and technology together for the Manufactured Housing Industry .   ]]> Wed 02/24/10 10:28:14 am FEATURE by Vincent Polisi To fully understand the Secure and Fair Enforcement Mortgage Licensing (SAFE) Act one needs to go back to events leading up to the housing boom and inevitable bust. With the aggressive marketing and utilization of various loan products, such as interest only loans and option adjustable rate mortgages, money flowed into the housing market allowing almost anyone to purchase a home. This easy access to capital was encouraged by many, despite the irresponsible underwriting criteria. Read Full Story >> Post and Read Comments about Understanding the SAFE Act Attn: Manufactured Housing Leenders & Brokers We're giving you a full week of leads at absolutely no cost to get your housing sales jump started with a jolt.  Limited time offer. Right now is the perfect time to start cutting your marketing cost and start putting your time only into prospects that are about to finance a manufactured home. Targeting your marketing directly at prospects that are actively searching for a manufactured home loan provides you direct contact with customers that have expressed and interest in what you have to offer.  These are shoppers that have requested to be contacted by a manufactured housing lender.  You can connect with them prior to them hitting the street to search for the loans that  you and your competitor sell. The Manufactured Housing Global Network is the web's leading destination for shoppers seeking manufactured housing loans. Our leads are coming from the exact demographic that you want to hook up with. The prospects are all seeking assistance in making a decision about financing a manufactured home. Find new business where over two hundred thousand manufactured housing shoppers go every month. Receive fresh prospect leads on a daily basis Signup for limited available leads from your territory, before we can not support additional dealers in your area. We are so sure  that our program can work for you we are willing to offer you a free trial to all the prospects from your territory. The free trial requires no pre-payment, no credit card number, and absolutely no obligation. Just submit the fast, short form below. The manufactured housing loan leads will be transmitted to you by way of a password protected, secure web page We will return your password by e-mail.   Or, if your in a hurry to get started you are welcomed to phone us at 352-288-2328,ask for David. Free Trial MH Retail Leads Your Name Company Name Address City/Town State:   Zip:   Day Phone Your E.Mail ]]> Wed 02/24/10 09:14:48 am MHWEEKLY by Thayer Long, Executive Vice President MHI Part II of a Three Part Series        Part 1 In Series Number One, we reviewed the merits of the Good Faith Estimate and its value to the borrower for transparent disclosure of facts and figures. In the Part Two, we need to address the "service" aspect of the Real Estate Settlement Procedures Act. When you apply for a home mortgage, you may think that the lender, or loan originator, will service the loan until it is paid off or your house is sold. However, in today's market mortgage, servicing rights often are bought and sold. The Real Estate Settlement Procedures Act (RESPA) is a consumer protection statute which affords you certain disclosures and strategies for problem resolution with your mortgage and/or escrow account. Duty of Loan Servicer to Respond to Complaints. If you have questions or problems with the servicing of your loan, the servicer is required to respond to you. Write to your servicer and call it a "qualified written request under Section 6 of RESPA." It should be a separate letter and not mailed with your payment. The mortgage servicer must respond to you within 60 business days of receipt. A Sample Complaint Letter would include the following because the specifics are important: Attention Customer Service: Subject: [Your loan number] [Names on loan documents] [Property and/or mailing address] This is a "qualified written request" under Section 6 of the Real Estate Settlement Procedures Act (RESPA). I am writing because: Describe the issue or the question you have and/or what action you believe the lender should take. Attach copies of any related written materials. Describe any conversations with customer service regarding the issue and to whom you spoke. Describe any previous steps you have taken or attempts to resolve the issue. List a day time telephone number in case a customer service representative wishes to contact you. I understand that under Section 6 of RESPA you are required to acknowledge my request within 20 business days and must try to resolve the issue within 60 business days. Sincerely, [Your name] REMEMBER: This letter SHOULD NOT be included with your mortgage payment, but should be sent separately to the customer service address. And, it is very important that you continue to make the required mortgage and escrow payment until the request is resolved. Loan Transferred to New Servicer. Your loan servicer is required to notify you in writing at least 15 days before the servicing of your loan is transferred to a new servicer. The notice must include the following information: The effective date of the transfer, the date your current servicer will stop accepting payments and the date the new servicer will begin accepting them. The name, address, and toll-free or collect call telephone number for the new servicer. Information that tells whether you can continue any optional insurance, such as mortgage life or disability insurance, and what action, if any, you must take to maintain coverage. A statement that the transfer of servicing does not affect any term or condition of your mortgage documents other than the terms directly related to the servicing of the loan. Treatment of Payments During Transfer Period. During the 60-day period beginning on the effective date of the transfer, the payment may not be treated as late if you mistakenly send it to the old mortgage servicer instead of the new one. Escrow Account. RESPA does not require that you maintain an escrow account for the purpose of paying property taxes, hazard insurance, etc. Nor does RESPA have any jurisdiction over the decision of the lender or servicer to require or terminate an escrow account. RESPA does, however, provide you with the following protections with regard to the escrow account: If your lender or mortgage servicer requires you to maintain an escrow account for the purpose of paying property taxes, hazard insurance, etc., RESPA requires that the servicer pay such items by the dates due to avoid a penalty or late charge. RESPA sets limits on the maximum amount of money the servicer may require you to maintain and pay in the escrow account. (More information about escrow accounts, including how to calculate the maximum amount RESPA allows the lender to require in the escrow account.) Multistate Home Lending www.multistatehomelending.com and The Manufactured Home Lending Source www.mh-lending.com are committed to full and complete disclosure. All of our loan officers are registered with the Nationwide Mortgage Licensing System and Registry (Registry), a database established by the Conference of State Bank Supervisors (CSBS) and the American Association of Residential Mortgage Regulators to support the licensing of mortgage loan originators by the States. As part of this registration process, mortgage loan originators must furnish to the Registry background information and fingerprints for a background check. The S.A.F.E. Act generally prohibits employees of an agency-regulated institution from originating residential mortgage loans without first registering with the Registry. Post and Read Comments about Know Your Loan Ingredients! (Part II) Matching your housing needs with inventory of sellers in your local area No Obligation.     No Initial Credit Check     Expected time to complete 4 minutes Shop for your manufactured home right here. This is the newest and easiest way to locate your perfect home. 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Manufactured Home Finder Submit All Fields for Best Results E-Mail Address: Full Name: Street Address: City State Zip Select AL AK AZ AR CA CO CN DE FL GA HI ID IL IN IA KA KY LA ME MA MD MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY Home Phone: Day Phone: Best Time Call: I am most interested in Purchasing: Requesting Information About: check as many as you like MH for a Lot I Own MH and Land Package MH in Land Lease Park MH News By E-Mail New   Pre-Owned SingleWide DoubleWide TripleWide Price Range: $0$10,000$20,000$30,000$40,000$50,000$60,000$80,000$90,000$100,000$110,000$120,000$130,000$140,000$150,000$160,000$170,000$180,000$190,000$200,000$220,000$240,000$250,000 to No Maximum$20,000$30,000$40,000$50,000$60,000$70,000$80,000$90,000$100,000$110,000$120,000$130,000$140,000$150,000$160,000$170,000$180,000$190,000$200,000$220,000$240,000$260,000$280,000$300,000$325,000$350,000$375,000$400,000$425,000$450,000$475,000 Location of Home:     In or around: City: State: Select AL AK AZ AR CA CO CN DE FL GA HI ID IL IN IA KA KY LA ME MA MD MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY My Credit Standing: I'm a cash buyer or have financing arraigned Never had credit problems No credit problems for past 2 years No credit problems for one full year Minor Credit Problems Major Credit Problems Contact me by: E-mail   Fax   Snail Mail   Phone Comments, concerns, or special requests: ]]> Tue 02/23/10 05:30:20 pm COMMENTARY by Janis Arendsen