[justjim]

I understand that prices on manufactured homes have gone up due to increased property values on the Historical Side of TV. Insurance continues to be an issue for manufactured homes.

For example, if you purchase one for $130,000 you may only be able to get $45,000 worth of insurance on the home. I guess that makes your lot worth $85,000 in the eyes of the insurance companies. Unless its a golf course lot, that doesnt seem right but the insurance companies "have you over the barrel" so to speak. Those residents that already own and have insurance may not have to deal with this---I don't know in that case.

Also, a mortgage is more difficult to obtain on a manufactured home. I understand many pay cash. Of course, a number are "rentals" and investment properties. It could be many just self insure their manufactured home.