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Your Location: Home - Mortgage Loan Mortgage LoanUse: mortgage calculator, mortgage rate, mortgage loan, mortgage interest rate, home mortgage, refinance mortgage, mortgage company, second mortgage, online mortgage application.Our website incorporate all the best available home mortgage in one place to make your research work easier and more convenience. Whether you are searching for the best rates for home loans, second mortgage rate, or refinancing, you will find your best deal here. The mortgage payment calculator and interest payment calculator on each site to help you making wise decisions. Our advice is you should fill out mortgage application form from more than one companies listed in this site. Most broker companies are willing to offer their lowest interest rate and at the same time, compete with each other to gain your business. The loan forms are quite simple and should take you only a few minutes to complete. So why not browse these great home mortgage deals, and take advantage of the best loan offer today!
Question: WHY ISN'T MY MANUFACTURED/MOBILE HOME VALUE GOING DOWN ANNUALLY? SHOULDN'T IT DEPRECIATE LIKE A CAR? Answer: Manufactured and mobile homes are subject to the same market forces as other real estate, whether they are located in a park or on an individually owned site. They depreciate due to age and condition the same as site built homes, but market forces can also cause them to appreciate. The Assessor is required by law to assess all manufactured/mobile homes at 100% of market value annually. Question: ISN'T THE N.A.D.A. OR BLUE BOOK A BETTER INDICATION OF THE VALUE OF MY MANUFACTURED/MOBILE HOME? Answer: The N.A.D.A. Manufactured Housing Appraisal Guide or "Blue Book" is only used as a guideline to determine the average retail value of a manufactured or mobile home. This book is used primarily by dealers to establish prices before moving and set up costs . In order to establish the local market value for a manufactured home, (whether it is in a park or on it's own land) a physical appraisal must be done. Question: I JUST PURCHASED MY MANUFACTURED HOME FOR LESS THAN THE ASSESSED VALUE. HOW CAN MY VALUE BE MORE THAN I PAID FOR IT? Answer: Market value of your home is not necessarily determined by its purchase price. The sale must meet the definition of fair market value. Market Value means the amount of money a willing buyer, not obligated to buy would pay a willing seller, not obligated to sell. (WAC 458-14-005) Distress sales, sales of repossessed homes, estate sales and relative sales are not typically considered as representing fair market value. When a manufactured or mobile home is sold and it has to be removed from a site, the sale price is typically discounted to reflect the cost of moving and resetting the home.
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