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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

mortgage finance system. In addition to the Lincoln Institute of Land Policy, the coalition includes groups like Enterprise Community Partners , NeighborWorks America , the National Housing Conference (NHC), the National Consumer Law Center (NCLC) and the National Community Stabilization Trust (NCST).

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Fee Simple vs. Leasehold: Two Very Different Types of Ownership

Redfin

It gives someone ownership of a home or structure on the property, but someone else owns the land itself. The leaseholder pays the fee simple owner to use the land for a set period. You might also see this called a land lease or ground lease. Leaseholds have pros and cons.

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A Comprehensive Guide to Buying a Mobile Home

Redfin

Additionally, it’s essential to consider other costs such as land purchase or rental, foundation installation, utilities, and potential maintenance expenses. How to finance a mobile home Financing a mobile home is somewhat different from a traditional home loan. Land lease fees. Site preparation.

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Housing Affordability Task Force Report: My Two Cents (Pt2)

Toronto Realty Blog

Amend the Planning Act and Perpetuities Act to extend the maximum period for land leases and restrictive covenants on land to 40 or more years. Land leases? There is currently a 21-year limit on land leases, which makes it very difficult to finance this style of home-ownership, even though it’s quite rare.

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Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

But while FHA, Fannie and Freddie combined are responsible for over two-thirds of all new home loans nationwide, they financed only three (FHA) personal property manufactured homes last year. Congress can help.