TMHA Announces launch of Owner Finance Resource

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There is a reason Texas is so strong in factory built home  sales – they have a great organization that makes sure that the facts get out to their members and consumers. We got this press release today:

TMHA is pleased to announce our newest member resource with today’s launching of our Owner-Finance Resource webpage.

We have long known a portion of our membership has engaged in some form of individual lending.  Typically this is referred to as “owner-financing.”  Admittedly lending operations were never simple, but the complexity and education needed in the new regulatory environment has had an exponential impact on the demands of any would be lender, especially smaller owner-finance lenders.

The cry for help, education, resources, and direction is a common request we hear these days.  The high turnout at TMHA’s Dodd-Frank Implementation Workshop further demonstrated the demand in our industry for more help and more education.

Today we are launching a new, completely dedicated resource page focused on owner-finance lending.  In conjunction with the webpage launch we are publishing three new articles below in what we expect to be the first three installments of an on-going series of articles dedicated to this area.

 

For more information about the Texas Manufactured Housing Association you can visit their website or email them at: info@texasmha.com

Community vs Value: Can You Have it All?

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It’s been an interesting week as far as media regarding factory built homes – The NY Times published a very controversial article yesterday: “The Cold Hard Lessons of Mobile Home U“. In it people who make a very good living in this industry make very disparaging remarks about “trailer parks” and the people that live in them. Fortunately industry veteran Bruce Savage set the record straight on the American Housing Advocates page.

True, there are these types of communities out there that have no community amenities and provide a bare bones quality of life, but what they neglected to talk about is the communities that are all about lifestyle and community.

It is possible to to to have lifestyle and value all in the same place? Absolutely! Fortunately there are many land lease communities across the country that offer a great quality of life to their residents at a very fair price. The new American Housing Advocates group is committed to getting the word out about what a great value Factory built housing can be, and we are looking forward to learning more from this group in the future.