By Catherine Powell
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| Image courtesy of flickr |
Until a few decades ago, mobile homes were treated like the stepchildren of
the real estate industry. The homes
themselves were not built to withstand hurricane-force
winds, they were treated as personal
property (like a motor-home) rather than
real estate, and they were far less energy efficient than comparable
homes. Fortunately, today this is no
longer the case. Modern mobile homes are
engineered to withstand winds of up to 110-mph and can be built as energy efficient as traditional homes. It’s also possible to finance a mobile home
as real estate, provided the home and land are both purchased or owned by the homeowner.
That being said, there are a few
differences when it comes to insuring
mobile homes.
