Re: the bond and manufactured homes
Linda:
For a comparison -
We have friends who have a second home in a 200 units or so over 55 manufactured homes complex in Sonoma, CA. The units are maybe 10 - 15 years older than the ones built in the mid 80's in TV.
People are now buying these and remodeling the interiors, re roofing and repairing siding as needed. The units are about 1100 SF 2 Br, 2 Bath and sell for about $40K - $100K. The property is rented (about a 2000 SF pie shaped lot) and costs about $800 a month per unit. They have a nice pool and a community center building.
Point being that it would seem that the TV manufactured units are probably good for another 30 years or better.
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