Profile picture for ScubaSteve103

Does a new manufactured home placed on a piece of land all ready owned by the buyer qualify for this

I own a piece of land that has been developed for placement of a manufactured home on it. There is no residence on it. I have never owned a home but do own this 3/4ths acre of land that I want to put a new manufactured home on.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 12 2010 - Harrison
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (4)

Yes, as long as it is your primary residence. You may want to consider waiting until you can build a "non HUD Code" home. Check with a local Real Estate Agent and see how well the manufactured homes are holding their value in your area. You may lose the tax credit by making the choice of using a manufactured home product. At worst try to buy a "true modular" that is built to your State's building code. It should hold value better than a "double wide" or "single wide" HUD Code home.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 13 2010
Steve, I tell everyone that regardless what a lender or real estate agent might suggest to you the program is in fact an IRS tax program and you really need to ask your CPA to make sure you get the correct answer.

There's a ton of good information on the IRS's web site about the tax credit and I've included the link for you.

Good luck!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 13 2010
Profile picture for ScubaSteve103
Yes does it qualify for the 8K tax rebate.
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 12 2010
Scuba Steve - does it qualify for what?  First time home buyer tax credit?  Qualify for financing?
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 12 2010
 
Related Questions
Does a new manufactured home placed on a piece of land all ready owned by the buyer qualify for this
Profile picture for Hamp Yonce
Latest answer by Hamp Yonce
January 13 2010 | 4 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. Nka E Van Dusen Rd, Harrison, ID Home For Sale
    Nka E Van Dusen Rd, Harrison, ID 83833

     For Sale: $50,000

    • Beds: 0
    • Sqft: --
    • Baths: --
    • Lot: 222156
  2. 4995 E Van Dusen Rd, Harrison, ID Home For Sale
    4995 E Van Dusen Rd, Harrison, ID 83833

     For Sale: $130,000

    • Beds: 3
    • Sqft: 1152
    • Baths: 2.0
    • Lot: 225640
  3. 3599 E Sunset Dr, Harrison, ID Home For Sale
    3599 E Sunset Dr, Harrison, ID 83833

     For Sale: $225,000

    • Beds: 3
    • Sqft: 1568
    • Baths: 2.0
    • Lot: 435600